Pakistan Revenue
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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Pakistan commits to stricter enforcement of digital invoicing under IMF-backed reforms The Federal Board of Revenue (FBR) is set to propose stricter penalties for taxpayers failing to comply with digital sales tax invoicing requirements in the upcoming Finance Bill 2026, as part of Pakistan’s commitments under reforms linked to the International Monetary Fund.
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FPCCI advocates massive tax relief for salaried persons in budget 2026-27 The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for broad tax relief for salaried individuals in the federal budget 2026-27, arguing that high tax rates and surcharges are eroding disposable incomes and weakening household financial stability.
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Trade body urges government to ease compliance burden in budget 2026-27 Federation of Pakistan Chambers of Commerce and Industry has proposed the revival of the Final Tax Regime (FTR) for exporters in the upcoming budget 2026-27, arguing that the withdrawal of the regime has increased compliance costs and tax-related uncertainty for exporters.
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Fund links fiscal discipline, energy pricing, governance reforms, and FX liberalization to programme targets The International Monetary Fund has released a new country report for Pakistan outlining 11 additional structural benchmarks under its ongoing reform programme, with approval of the Budget 2026-27 placed among the key priorities.
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Sarafa association seeks simplified turnover-based tax system for jewelry sector The All Pakistan Sarafa Gems and Jewelers Association has proposed a special tax regime for jewelers aimed at simplifying income tax payments and record-keeping procedures for the sector.
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EY Ford Rhodes partner calls for corporate tax reforms to improve investment climate Haider Ali Patel on Thursday urged the government to introduce a sunset clause in Section 4C of the Income Tax Ordinance, 2001, to define a clear end date for the levy of super tax in Pakistan.
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Committee stresses balanced fiscal policies to broaden tax base and support investment growth A committee constituted by Shehbaz Sharif has recommended growth-oriented tax measures for the upcoming federal budget 2026-27, as the government seeks to strengthen revenue collection while supporting economic expansion.
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Government plans technology-driven tax reforms to curb evasion and improve transparency Islamabad: The Federal Board of Revenue (FBR) is planning to introduce an AI-based tax system through the upcoming Finance Bill 2026 to identify false information in tax returns and strengthen enforcement against tax evasion.
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Finance minister meets ICAP delegation Muhammad Aurangzeb has assured chartered accountants that the government will introduce facilitative tax measures in the upcoming Budget 2026-27.
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