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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.

Sindh Revenue Board

Sindh embraces UN CPC system for sales tax on services

June 17, 2025June 17, 2025Shahnawaz Akhter

Karachi, June 17, 2025 – In a significant move towards international standardization, the Sindh government has proposed adopting the Central Product Classification (CPC) coding system Version 2.1, as issued by the United Nations, for the administration of sales tax on services under the Sindh Finance Bill, 2025.

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Sindh government

Sindh abolishes five levies through provincial Finance Bill 2025

June 17, 2025June 17, 2025Shahnawaz Akhter

Karachi, June 17, 2025 – The Sindh government has proposed a major fiscal reform in its provincial budget for 2025-26 by abolishing five longstanding levies.

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Pakistan Finance Bill 2025

Finance Bill 2025 restricts court stays on customs auctions

June 17, 2025June 17, 2025Shahnawaz Akhter

Karachi, June 17, 2025 – The Finance Bill 2025 has introduced significant amendments to the Customs Act, 1969, aimed at curbing unnecessary delays in the auction process of goods, particularly through the misuse of court stay orders.

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FBR Pakistan Karachi

FBR to issue negative list of exempt services in Islamabad

June 17, 2025June 17, 2025Shahnawaz Akhter

Islamabad, June 17, 2025 – The Federal Board of Revenue (FBR) is set to issue a formal negative list identifying exempt services within the Islamabad Capital Territory for the upcoming fiscal year 2025-26.

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Pakistan budget 2025-26

Punjab announces salary, pension increases in 2025-26 Budget

June 16, 2025June 16, 2025Mrs. Anjum Shahnawaz

Lahore, June 16, 2025 – The Punjab government has announced a 10% increase in salary and a 5% increase in pension for provincial government employees as part of its budget for the fiscal year 2025-26.

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Pakistan Budget 2025-26

Punjab unveils Rs5.34 trillion budget for FY2025-26

June 16, 2025June 16, 2025Mrs. Anjum Shahnawaz

Lahore, June 16, 2025 – The Government of Punjab presented a record-breaking budget of Rs5.34 trillion for the fiscal year 2025-26, marking a significant leap in development spending and fiscal targets.

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FBR White

FBR exposes influential figures involved in tax fraud

June 16, 2025June 16, 2025Shahnawaz Akhter

Islamabad, June 16, 2025 – The Federal Board of Revenue (FBR) has revealed that several influential individuals, including a former senator and ex-customs official, were involved in high-value tax fraud, prompting renewed debate over the FBR’s proposed arrest powers in the Finance Bill, 2025.

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SDPI initiatives

SDPI raises alarm over implications of budget 2025-26

June 15, 2025June 15, 2025Faisal Shahnawaz

Islamabad, June 15, 2025 — The Sustainable Development Policy Institute (SDPI) has raised serious concerns over the far-reaching implications of the federal budget 2025-26, warning that its measures could compromise Pakistan’s economic stability, debt management, climate goals, and social protection frameworks.

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FBR Building

Langrial defends FBR’s arrest powers in tax fraud crackdown

June 15, 2025June 15, 2025Shahnawaz Akhter

ISLAMABAD, June 15, 2025 — In a heated debate over the Finance Bill, 2025, Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial came out strongly in defense of the proposed amendments granting FBR sweeping powers to arrest individuals involved in tax fraud.

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imported cars

Finance Bill 2025: tempered vehicles to be declared as smuggled

June 15, 2025June 15, 2025Shahnawaz Akhter

ISLAMABAD, June 15, 2025 — In a bold crackdown on illicit auto trade, the Federal Board of Revenue (FBR) has introduced a major reform in the Finance Bill, 2025, declaring that all tempered vehicles—regardless of their registration status—will now be treated as smuggled vehicles.

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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
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  • Experts push for higher taxes on beverages to prevent diabetes
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