PBC Proposals

Government plans major property tax relief in FY2026-27 budget

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 Rs45,000 minimum wage for FY2026-27 under new framework

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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KTBA highlights FBR portal hurdles in declaring business bank accounts

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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ICAP calls for crypto tax regime as digital asset adoption surges in Pakistan

Chartered accountants propose comprehensive regulation and taxation framework for cryptocurrencies in Budget 2026-27 to expand tax base and improve oversight. The Institute of Chartered Accountants of Pakistan (ICAP) has urged the government to introduce a comprehensive taxation and regulatory framework for crypto assets in the upcoming Budget 2026-27, citing rapid growth in digital asset adoption […]

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ICAP proposes higher cash transaction limits in Budget 2026-27

Chartered accountants seek revision of outdated cash payment thresholds to reflect inflation and ease compliance burden on businesses. The Institute of Chartered Accountants of Pakistan (ICAP) has proposed increasing cash transaction limits for salary payments and other business expenditures through amendments to the Income Tax Ordinance, 2001, as part of its recommendations for the federal […]

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PSX seeks major tax cuts, investor incentives in FY27 budget

Stock exchange proposes lower corporate taxes, restored incentives and removal of withholding taxes to boost listings and market growth. The Pakistan Stock Exchange (PSX) has proposed a series of tax relief measures and investor-friendly reforms in the federal budget 2026-27 (FY27) aimed at strengthening capital markets, encouraging new listings and improving overall investment activity.

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