Pakistan Revenue
This category provides latest stories related to budget 2026-27. Check updated articles on budget 2026-27 at Pakistan Revenue for information.
Chartered accountants call for reforms in utility tax collection system, citing misclassification and compliance issues in FY2026-27 proposals ISLAMABAD, June 4, 2026 — The Institute of Chartered Accountants of Pakistan (ICAP) has urged the government to review the mechanism for collecting additional sales tax through electricity and gas bills, arguing that the current system is […]
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Chartered accountants propose 10-year tax stability and incentives for export-oriented foreign investors in FY2026-27 budget The institute recommended the creation of a separate tax schedule specifically designed for foreign direct investment in export-led manufacturing sectors. Under the proposed framework, qualifying investors would receive a package of tax incentives, legal protections and clearly defined eligibility criteria […]
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Business leaders urge growth-focused reforms as government finalizes budget proposals for FY2026-27 Pakistan’s leading business leaders and industrialists met Prime Minister Shehbaz Sharif on Wednesday to discuss priorities and proposals for the federal budget FY2026-27, focusing on economic growth, exports, investment promotion and tax reforms.
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Proposed end of EV tax incentives and higher levies on hybrids raise concerns over market slowdown Pakistan’s push toward cleaner transport could face a setback as the government considers ending tax concessions on electric vehicles in the Budget 2026-27, potentially raising costs for consumers and slowing industry growth, according to sources.
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Proposal to shift stationery items to standard tax rate sparks concern over affordability and inflation pressures Millions of Pakistani families could face higher education-related expenses as the government considers increasing sales tax on stationery items from the current reduced rate of 10% to 18% in the upcoming Budget 2026-27, according to sources.
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Proposed relief target withholding tax on property transactions for filers as budget details emerge ahead of FY2026-27 The government is considering significant tax relief measures for Pakistan’s real estate sector in the upcoming FY2026-27 budget, aiming to stimulate economic activity, boost construction and generate employment, according to sources familiar with the matter.
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PIDE proposes hybrid wage-setting model linked to productivity, affordability and worker welfare The Pakistan Institute of Development Economics (PIDE) on Tuesday proposed raising the national minimum wage to Rs45,000 per month for fiscal year 2026-27 under a new evidence-based framework designed to reform wage determination and strengthen labour market governance.
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Government resists IMF proposal for GST increase as officials weigh revenue measures ahead of federal budget Pakistan is unlikely to raise the General Sales Tax (GST) rate in the federal budget for 2026-27 despite a proposal from the International Monetary Fund (IMF), as authorities remain concerned about the inflationary impact of higher indirect taxes amid […]
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Tax body urges amendment to align sales tax law with FBR’s digital registration procedures The Karachi Tax Bar Association (KTBA) has highlighted procedural hurdles in the Federal Board of Revenue’s (FBR) online tax system, saying registered taxpayers face difficulties in declaring business bank accounts because the prescribed sales tax registration form is no longer available […]
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Chartered accountants call for lower sales tax rates and wider incentives to boost documentation and expand the sales tax net. The Institute of Chartered Accountants of Pakistan (ICAP) has expressed concern over a decline in active sales tax registrations and urged the government to reduce sales tax rates in the federal budget 2026-27 to encourage […]
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