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Category: Budget

This is parent category of budget presented by Pakistan government. Here you will find year-wise federal and provincial budgets.

FBR Image 01 New

FBR moves to track undocumented transactions via banks

June 22, 2025June 22, 2025Mrs. Anjum Shahnawaz

ISLAMABAD, June 22, 2025 – The Federal Board of Revenue (FBR) has unveiled a key initiative under the Finance Bill 2025-26 aimed at curbing undocumented economic activity by capturing high-value banking transactions made by unregistered businesses across Pakistan.

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FBR Pakistan Karachi

FBR proposes tax concessions on SCRA investments

June 22, 2025June 22, 2025Mrs. Anjum Shahnawaz

ISLAMABAD, June 22, 2025 – The Federal Board of Revenue (FBR) has proposed a key amendment under the Finance Bill 2025-26 aimed at regulating tax benefits for investments made through Special Convertible Rupee Accounts (SCRA).

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Pakistan Finance Bill 2025

Senate recommends amendments to FBR’s arrest powers

June 22, 2025June 22, 2025Shahnawaz Akhter

Islamabad, June 22, 2025 — The Senate of Pakistan has formally submitted a set of recommendations to the National Assembly, seeking crucial amendments to the arrest powers of Federal Board of Revenue (FBR) officers under the proposed Finance Bill, 2025.

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Senate of Pakistan

Senate proposes major relief on salary tax in Finance Bill 2025

June 22, 2025June 22, 2025Shahnawaz Akhter

Islamabad, June 21, 2025 — In a move aimed at providing relief to salaried individuals, the Senate of Pakistan has recommended increasing the tax exemption threshold on salary income from the existing Rs600,000 to Rs1.2 million per annum.

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Muhammad Aurangzeb

Salary income up to Rs1.2 million to pay 1% tax: Aurangzeb

June 21, 2025June 21, 2025Mrs. Anjum Shahnawaz

Islamabad, June 21, 2025 – Finance Minister Senator Muhammad Aurangzeb on Saturday announced significant tax relief for the salaried class, stating that salary income of up to Rs1.2 million annually will now be subject to only 1% income tax from the next fiscal year.

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Overseas Chamber

Foreign investors strongly oppose FBR’s proposed arrest powers

June 21, 2025June 21, 2025Shahnawaz Akhter

Karachi, June 21, 2025 – Foreign investors operating in Pakistan have voiced strong opposition to the sweeping powers of arrest proposed for Federal Board of Revenue (FBR) officials under the Finance Bill 2025-26.

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Pakistan Finance Bill 2025

FBR clarifies arrest powers proposed under Finance Bill 2025

June 20, 2025June 20, 2025Shahnawaz Akhter

Islamabad, June 20, 2025 — The Federal Board of Revenue (FBR) on Friday issued a detailed clarification regarding the arrest provisions proposed in the Finance Bill 2025, aiming to address widespread confusion and public concern over its interpretation.

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Tax Budget

Punjab Finance Bill 2025 introduces sweeping sales tax reforms

June 20, 2025June 20, 2025Mrs. Anjum Shahnawaz

LAHORE, June 20, 2025 – The Punjab government has unveiled far-reaching changes to its sales tax regime under the Punjab Finance Bill 2025, marking a major structural reform aimed at expanding the tax base and digitizing the provincial economy.

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Sindh Budget 2025-26

Sindh revises nomenclature for sales tax on services

June 20, 2025June 20, 2025Shahnawaz Akhter

KARACHI, June 20, 2025 – In a significant step toward modernization and standardization of tax regulations, the Sindh government has unveiled comprehensive changes to the nomenclature for sales tax on services under the Sindh Finance Bill, 2025.

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coins and money

Banks should be treated as normal companies for taxation: FBR

June 20, 2025June 20, 2025Mrs. Anjum Shahnawaz

Islamabad, June 20, 2025 – The Federal Board of Revenue (FBR) has taken a firm stance on overhauling the taxation framework for banks, recommending that the banking sector be treated like any other company for taxation purposes.

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  • FBR to catch retailers through high-value transactions
  • Spain fine-tune World Cup preparations ahead of Peru friendly
  • Karachi faces blazing sunshine as temperature may reach 42°C
  • England defeat New Zealand by 115 runs in Lord’s thriller
  • KTBA advocates major tax relief for NPOs in budget 2026-27
  • Internet disruptions major obstacle in FBR’s e-bilty operations, says KCCI
  • KCCI calls for abolition of FBR’s bank account freezing powers
  • NAB freezes two foreign currency accounts linked to Bahria Town in money laundering case
  • Experts push for higher taxes on beverages to prevent diabetes
  • FBR imposes penalty on bank manager in tax recovery case; FTO takes notice
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