Pakistan Revenue
Tax bar urges reduction in property withholding taxes, says current rates are hurting real estate activity and investment The Karachi Tax Bar Association (KTBA) has called for an end to higher withholding tax rates on immovable property transactions, saying the current structure is discouraging activity in the real estate sector.
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Tax bar says punitive withholding taxes have become a revenue tool instead of improving documentation and compliance The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to abolish higher withholding tax rates imposed on non-filers and instead strengthen targeted enforcement measures to expand the tax net.
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Business council urges tougher taxation on non-filers through electricity bills to expand Pakistan’s tax base The Pakistan Business Council (PBC) has proposed a sharp increase in withholding tax rates on electricity consumers who are not filing income tax returns in its budget proposals for 2026-27.
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PBC says CVT on foreign assets is pushing wealthy Pakistanis to renounce nationality and recommends sweeping tax reforms for Budget 2026–27 The Pakistan Business Council (PBC) has said that Capital Value Tax (CVT) on foreign assets is pushing wealthy Pakistanis to surrender their nationality, warning that the tax regime is undermining investment confidence and encouraging […]
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State ministry signals targeted relief for salaried class in FY27 budget amid IMF-linked fiscal constraints The government is expected to reduce the tax burden on salaried individuals in the upcoming FY27 federal budget, Minister of State for Finance and Revenue Bilal Azhar Kayani said.
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Telecom industry seeks tax relief and lower import duties to support 4G, 5G and broadband expansion Pakistan’s telecom operators have proposed reducing advance income tax on telecom usage from 15% to 8% in the federal budget for 2026–27 as part of broader fiscal reforms aimed at accelerating digital connectivity and broadband expansion.
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Pakistan plans fresh revenue measures as FBR faces likely shortfall in FY26 collections Pakistan’s government is expected to introduce around 430 billion rupees in new tax measures in the federal budget for 2026–27 (FY27) as it seeks to strengthen revenues amid pressure from lower-than-targeted collections, according to official documents.
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Government plans tariff reforms, regulatory simplification and corporate law amendments in Budget 2026-27 Pakistan is preparing to introduce a broad policy package aimed at improving the business environment as part of the federal budget for 2026–27, according to official sources. The measures are expected to include further tariff reforms, regulatory simplification, and amendments to corporate […]
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Prime minister prioritizes water reservoirs, hydropower and performance-based funding Prime Minister Shehbaz Sharif on Monday chaired a meeting to review the Public Sector Development Programme (PSDP) for fiscal year 2026-27, stressing that public funds should be directed toward projects delivering tangible economic results.
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Business body proposes lower withholding taxes and withdrawal of Section 7F The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed sweeping tax reforms for Pakistan’s property sector in the federal budget 2026-27, including sharp reductions in withholding taxes on property purchases and sales.
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