Pakistan Revenue
Pakistan Budget 2025–26 presents fiscal strategy, tax reforms, development spending, and policy measures aimed at economic stability.
Islamabad, June 26, 2025 – In a bold and unprecedented move, the government has armed the Federal Board of Revenue (FBR) with new powers to crack down on unregistered sales tax evaders, targeting their bank accounts under the amended Finance Bill 2025-26.
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Islamabad, June 26, 2025 – Federal Minister for Finance and Revenue, Muhammad Aurangzeb, is set to present the amended Finance Bill, 2025 before the National Assembly today for final approval, marking a crucial step in the government’s fiscal agenda for the upcoming year.
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Karachi, June 25, 2025 – The Sindh Assembly has approved the provincial budget for the fiscal year 2025-26, with total spending planned at Rs3.45 trillion.
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Islamabad, June 25, 2025 — The National Assembly on Wednesday approved a comprehensive package of grants amounting to Rs3.55 trillion for the Finance Division, as part of the fiscal framework for the year ending June 30, 2026. The approval came during the ongoing budget session, with Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, […]
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Islamabad, June 25, 2025 — In response to intense backlash over the expanded powers granted to tax officials in the Finance Bill 2025, the Federal Board of Revenue (FBR) has redrafted key provisions relating to the arrest powers of Inland Revenue officers.
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Islamabad, June 24, 2025 – Finance Minister Muhammad Aurangzeb, while concluding the debate on the Finance Bill 2024-25 in the National Assembly, unveiled critical exemption limits concerning restrictions on economic transactions by non-filers and ineligible persons.
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Islamabad, June 23, 2025 – Federal Finance Minister Muhammad Aurangzeb on Monday unveiled a broad array of relief measures incorporated in the federal budget for fiscal year 2025–26, following recommendations by the National Assembly and Senate finance committees.
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Islamabad, June 23, 2025 — In a bid to provide targeted relief to the salaried class, the Federal Board of Revenue (FBR) has announced the introduction of new taxation measures aimed at compensating for revenue losses in the federal budget for 2025-26.
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Karachi, June 23, 2025 – The Pakistan Business Council (PBC) has strongly criticized the sweeping and excessive powers proposed to be granted to the Federal Board of Revenue (FBR) in the Finance Bill 2025, terming them “draconian” and detrimental to the investment climate in the country.
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Islamabad, June 22, 2025 – The National Assembly Standing Committee on Finance and Revenue has formally endorsed the Digital Presence Proceeds Tax Act, 2025, a landmark legislation designed to tax proceeds generated from digital economic activities in Pakistan by non-resident entities. The new law, which is part of the Finance Bill 2025, is expected to […]
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