Pakistan Revenue
Pakistan Budget 2025–26 presents fiscal strategy, tax reforms, development spending, and policy measures aimed at economic stability.
Karachi, June 6, 2025 – The Karachi Tax Bar Association (KTBA) has called on the federal government to lower Pakistan’s corporate tax rate, highlighting that it is currently the highest in Asia.
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ISLAMABAD, June 6, 2025 – The Federal Board of Revenue (FBR) is actively exploring the imposition of General Sales Tax (GST) on cross-border online sales as part of the upcoming budget for 2025–26.
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Karachi, June 5, 2025 – With the Federal Budget 2025–26 set to be unveiled on June 10, the Institute of Cost and Management Accountants of Pakistan (ICMAP) has reiterated its detailed tax policy proposals submitted earlier to the Federal Board of Revenue (FBR).
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Islamabad, June 5, 2025 – Aamir Ibrahim, CEO of Jazz and Chairman of the Telecom Operators Association of Pakistan, has urged the government to ease the tax burden on the telecom sector in the upcoming fiscal year 2025–26 budget.
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Islamabad, June 5, 2025 – The Federal Board of Revenue (FBR) has issued strict directives rejecting all leave applications submitted by officials of the Inland Revenue Service (IRS), as the government prepares to present the federal budget for the fiscal year 2025-26.
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Karachi, June 5, 2025 – A leading tax expert has strongly supported the implementation and expansion of the Capital Value Tax (CVT) in the upcoming federal budget 2025-26 as a strategic measure to broaden Pakistan’s tax base and improve equity in the tax system.
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Islamabad, June 4, 2025 – A new framework has been put forward to bring digital platforms in Pakistan under the tax net. This proposal, presented by the Institute of Chartered Accountants of Pakistan (ICAP), is part of the country’s upcoming 2025–26 budget suggestions.
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Islamabad, June 4, 2025 – The National Economic Council (NEC) has approved a comprehensive development plan worth Rs4.224 trillion for the fiscal year 2025–26.
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Karachi, June 4, 2025 – The business community across Pakistan has issued a strong and united condemnation of the government’s reported plan to impose Capital Value Tax (CVT) on a broad range of movable assets in the upcoming Federal Budget 2025-26.
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ISLAMABAD – In a major policy shift, the federal government is expected to withdraw the further sales tax in the upcoming Budget 2025–26 as part of its broader strategy to encourage documentation across the entire supply chain. This move aims to bring more businesses, particularly dealers, wholesalers, and retailers, into the formal tax net.
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