Institute of Cost and Management Accountants of Pakistan (ICMAP) has proposed the introduction of a Carbon and Pollution Levy on large industrial units as part of its tax recommendations for the Federal Budget 2026–27.
(more…)Category: Budget 2026-27
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Pakistan Budget 2026-27: ICMAP Pushes Crypto Tax Relief
Karachi, March 31, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has urged the federal government to introduce a comprehensive tax incentive scheme for cryptocurrency and fintech in the upcoming Budget 2026–27, aiming to bring digital assets into the formal economy.
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ICMAP proposes consumer lottery scheme to bring retailers into tax net
Karachi, March 29, 2026 – The Institute of Cost and Management Accountants of Pakistan has proposed an innovative consumer lottery scheme aimed at improving tax compliance and documenting retail transactions across the country. The recommendation has been submitted as part of budget proposals for the Federal Budget 2026–27 to the Ministry of Finance Pakistan.
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Pakistan may generate Rs15 billion by taxing digital platforms: ICMAP
Karachi, March 26, 2026 – The Institute of Cost and Management Accountants of Pakistan has projected that Pakistan could generate around Rs15 billion annually by imposing a tax on digital platforms in the upcoming budget 2026–27.
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Pakistan stock brokers seek CGT exemption after 3 years
Karachi – The Pakistan Stock Brokers Association (PSBA) has proposed a major tax relief for investors, calling for a complete exemption from Capital Gains Tax (CGT) on securities held for more than three years in its budget proposals for 2026–27.
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ICMAP suggests 2% tax on high-value additional properties
Karachi, March 25, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has proposed the introduction of an additional residential property tax in the upcoming federal budget 2026-27, aiming to address imbalances in Pakistan’s housing market.
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ICMAP pushes luxury taxes and farmer incentives for Budget 2026–27
Karachi, March 20, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has submitted a comprehensive set of revenue proposals to the Ministry of Finance for consideration in the upcoming Federal Budget 2026–27, aimed at broadening the tax base, documenting informal sectors, and generating sustainable revenue.
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ICMAP unveils bold tax proposals for Pakistan Budget 2026–27
Karachi, March 16, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has submitted a comprehensive set of tax proposals to the Tax Policy Office (TPO), Ministry of Finance, aimed at enhancing revenue generation and formalizing the economy for the upcoming Federal Budget 2026–27.
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PM Shehbaz vows growth, tax reforms, export boost in budget 2026-27
Islamabad, February 25, 2026 – Prime Minister Muhammad Shehbaz Sharif on Wednesday underscored the urgent need to prioritize economic growth, industrial production, exports, and both local and foreign investment in the upcoming federal budget for 2026-27, while calling for a broad-based reduction in indirect taxes to ease the burden on consumers.
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Government considers industry tax relief in Budget 2026-27: Haroon Akhtar
Islamabad, February 25, 2026 — The government is considering tax incentives and relaxations for industries in the upcoming federal budget 2026-27, Special Assistant to the Prime Minister (SAPM) on Industries and Production, Haroon Akhtar Khan, announced on Wednesday. The move aims to make the budget business-friendly and support sustainable economic growth.
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