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Category: Budget 2025-26

Pakistan Budget 2025–26 presents fiscal strategy, tax reforms, development spending, and policy measures aimed at economic stability.

Sindh Budget 2025-26

Sindh revises nomenclature for sales tax on services

June 20, 2025June 20, 2025Shahnawaz Akhter

KARACHI, June 20, 2025 – In a significant step toward modernization and standardization of tax regulations, the Sindh government has unveiled comprehensive changes to the nomenclature for sales tax on services under the Sindh Finance Bill, 2025.

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coins and money

Banks should be treated as normal companies for taxation: FBR

June 20, 2025June 20, 2025Mrs. Anjum Shahnawaz

Islamabad, June 20, 2025 – The Federal Board of Revenue (FBR) has taken a firm stance on overhauling the taxation framework for banks, recommending that the banking sector be treated like any other company for taxation purposes.

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petroleum prices in pakistan

Senators disapprove carbon levy proposed in Finance Bill 2025

June 20, 2025June 20, 2025Mrs. Anjum Shahnawaz

Islamabad, June 20, 2025 – A storm is brewing in Pakistan’s Parliament as lawmakers in the Senate have strongly opposed the proposed carbon levy included in the Finance Bill 2025-26.

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Federation of Pakistan Chambers

FPCCI explodes over taxmen’s shocking powers in FY26 budget

June 20, 2025June 20, 2025Shahnawaz Akhter

KARACHI, June 19, 2025 – In a scathing rebuke, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has rejected what it calls “draconian” powers granted to tax authorities under the Federal Budget 2025-26.

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PBC Proposals

Salaried class blasts Budget 2025-26: ‘Relief is a cruel joke’

June 20, 2025June 20, 2025Shahnawaz Akhter

KARACHI, June 19, 2025 – A firestorm of criticism erupted from Pakistan’s salaried class on Thursday after the federal government unveiled what many are calling a “mockery of relief” in the Budget 2025-26.

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Pakistan Finance Bill 2025

Senate panel debates eligibility rules for financial transactions

June 19, 2025June 19, 2025Mrs. Anjum Shahnawaz

Islamabad, June 19, 2025 – The Senate Standing Committee on Finance has initiated a critical discussion over the controversial Finance Bill 2025-26, particularly the newly proposed restrictions on financial transactions by so-called “eligible persons.”

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Pakistan Budget 2025-26

Government revises solar panel tax to 10% after consultations

June 18, 2025June 18, 2025Mrs. Anjum Shahnawaz

Islamabad, June 18, 2025 – In a significant move aimed at balancing fiscal needs with clean energy goals, the government has revised the proposed General Sales Tax (GST) on solar panels from 18% to 10%.

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Sindh Budget 2025-26

Sindh expands sales tax net to new services in FY26

June 18, 2025June 18, 2025Shahnawaz Akhter

Karachi, June 18, 2025 – The Sindh government has widened the scope of sales tax by bringing several new services under the tax net for the fiscal year 2025-26.

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solar electricity

FBR mulls 10% sales tax on solar panels for 2025-26

June 18, 2025June 18, 2025Shahnawaz Akhter

Islamabad, June 18, 2025 – The Federal Board of Revenue (FBR) is now considering the imposition of a 10% sales tax on imported solar panels in the upcoming fiscal year 2025-26.

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KTBA Bar

KTBA slams IMF grip on Pakistan in post budget 2025-26 analysis

June 17, 2025June 17, 2025Shahnawaz Akhter

Karachi, June 17, 2025 – In a hard-hitting critique of prolonged economic dependency of Pakistan, President of the Karachi Tax Bar Association (KTBA), Ali A. Rahim, issued a powerful warning regarding the country’s dangerous over-reliance on the International Monetary Fund (IMF).

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