Pakistan’s telecom industry has recommended reducing the withholding tax rate from 6% to 4% in the upcoming federal budget for fiscal year 2026-27, as part of a broader set of fiscal reforms aimed at supporting digital growth, broadband expansion and investment in telecom infrastructure.
(more…)Category: Budget 2026-27
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LCCI presents 2026-27 budget proposals to Finance Minister Aurangzeb
The Lahore Chamber of Commerce and Industry presented its budget proposals for the fiscal year 2026-27 to Muhammad Aurangzeb during a meeting focused on economic reforms, industrial revival and export growth.
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SDPI recommends higher tobacco taxes in Budget 2026-27
ISLAMABAD, May 7, 2026 – Policy experts at a seminar hosted by the Sustainable Development Policy Institute on Thursday called on Pakistan’s government to raise tobacco taxes in the 2026-27 federal budget, saying stronger taxation could reduce smoking rates, improve public health and increase revenue collection.
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GlaxoSmithKline expects tax relief in 2026-27 budget for pharmaceutical sector
KARACHI, May 6, 2026 — GlaxoSmithKline Pakistan Limited expects tax relief for the pharmaceutical sector in the upcoming federal budget 2026-27, citing pressure on profitability from the current high-tax regime, company officials said on Wednesday.
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MUFAP Presents Budget 2026-27 Proposals in Meeting with Aurangzeb
ISLAMABAD, May 5, 2026 – The Mutual Funds Association of Pakistan (MUFAP) presented its budget proposals for 2026-27 in a meeting with Finance Minister Muhammad Aurangzeb, focusing on strengthening the mutual fund industry and enhancing the country’s savings framework.
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Insurance Sector Discusses Budget 2026-27 Proposals with Aurangzeb
ISLAMABAD, May 5, 2026 – Pakistan’s insurance sector held detailed consultations on budget proposals for 2026-27 with Finance Minister Muhammad Aurangzeb, focusing on taxation reforms and long-term sector development.
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SAPM Reviews 2026-27 Budget Proposals for Auto Industry
ISLAMABAD – Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, chaired a high-level consultative meeting on Tuesday to review the 2026-27 budget proposals specifically tailored for the automotive sector.
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Rana Tanveer calls for dairy sector tax reforms to boost nutrition, affordability
Islamabad, May 3, 2026 – Federal Minister for National Food Security and Research Rana Tanveer Hussain has emphasized the need for dairy sector tax reforms in Pakistan, calling for rationalized taxation and structural changes to improve affordability, ensure safe nutrition, and support farmers.
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P@SHA seeks tax classification of IT freelancers vs remote workers
Karachi, May 2, 2026 – The Pakistan Software Houses Association (P@SHA) has called for a clear tax classification of IT freelancers and remote workers in Pakistan’s upcoming federal budget 2026-27, warning that existing rules are creating significant distortions in the labor market.
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PASHA calls for 5-year extension of 0.25% tax regime to boost IT exports
Karachi, April 29, 2026 — The Pakistan Software Houses Association (P@SHA) has urged the government to extend the final tax regime (FTR) of 0.25% on IT export receipts for at least five years to sustain growth in the country’s rapidly expanding technology sector.
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