Karachi, June 9, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made a strong appeal to the government to abolish Section 7E of the Income Tax Ordinance, 2001 in the upcoming federal budget for 2025–26.
(more…)Category: Budget
This is parent category of budgets presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
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FPCCI urges elimination of further tax in FY26 budget
Karachi, June 9, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made a strong appeal to the government to abolish the “further tax” imposed under the Sales Tax Act in the upcoming federal budget for 2025–26.
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ICMAP proposes GST reforms to tax offshore sellers
KARACHI, June 9, 2025 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has made a strong case for sweeping tax reforms in its budget proposals for 2025–26, calling on the government to bring offshore sellers firmly under the General Sales Tax (GST) regime.
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Aurangzeb unveils Pakistan Economic Survey 2024–25 today
Federal Finance Minister Muhammad Aurangzeb officially launched the Economic Survey of Pakistan for the fiscal year 2024–25 today, marking a key moment ahead of the federal budget.
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National Assembly confirms June 10 session for Pakistan budget
Islamabad, June 8, 2025 – The National Assembly of Pakistan has officially locked in June 10 as the date for unveiling the much-anticipated budget for the fiscal year 2025–26.
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ICAP calls for abolition of alternative corporate tax in FY26 Budget
Karachi, June 8, 2025 – The Institute of Chartered Accountants of Pakistan (ICAP) has strongly recommended the abolition of the alternative corporate tax (ACT) in its formal proposals for the upcoming federal budget 2025-26.
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ICMAP proposes green tax reform for Budget 2025-26
Karachi, June 8, 2025 – In a forward-looking move aimed at promoting sustainability and innovation, the Institute of Cost and Management Accountants of Pakistan (ICMAP) has submitted detailed proposals for green tax reform as part of its recommendations for the federal budget 2025-26.
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Aurangzeb set to present federal budget 2025-26 on June 10
Islamabad, June 8, 2025 – Pakistan’s Finance Minister Muhammad Aurangzeb is scheduled to present the federal budget for the fiscal year 2025-26 in the National Assembly on Tuesday, June 10, according to official sources.
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Illicit trade with India draining Pakistan economy: OICCI
Karachi, June 8, 2025 — The Overseas Investors Chamber of Commerce and Industry (OICCI) has raised serious concerns over the mounting economic damage inflicted on Pakistan due to illicit and undocumented trade with India.
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Foreign giants pressure Pakistan to slash tobacco taxes in budget
Karachi, June 8, 2025 — As the countdown to Budget 2025-26 intensifies, foreign tobacco players have launched a high-stakes pressure campaign on Pakistan, demanding the government roll back tax rates on deadly tobacco products — a move that could spell disaster for public health and national finances alike.
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