Pakistan Revenue
This is parent category of budget presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
In a major revenue-generating initiative, the federal government has set a target of Rs1.47 trillion in petroleum levy collection for the upcoming fiscal year 2025-26, reflecting a sharp 26.4% increase compared to revised estimates of the current fiscal year. This aggressive approach is outlined in the Finance Bill 2025-26 and underscores the government’s reliance on […]
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In a significant move under the Finance Bill 2025, the federal government has launched an extensive customs reform and tariff rationalization initiative aimed at simplifying the tax regime, reducing import costs, and aligning Pakistan’s trade practices with international standards. Central to these reforms is the introduction of new tariff slabs and the overhaul of existing […]
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Karachi, June 11, 2025 – In a major fiscal shift aimed at adjusting the tax burden on salaried individuals, the Finance Bill 2025 has proposed new income tax rates for salary earners in Pakistan.
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Karachi, June 11, 2025 – In a significant development aimed at tightening the noose around tax evaders, the Federal Board of Revenue (FBR) has been granted sweeping powers to obtain information from banks concerning individuals deemed high-risk for tax purposes. This authority has been introduced through the Finance Bill 2025, which proposes a new section—175AA—to […]
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Karachi, June 11, 2025 – In a dramatic shake-up of Pakistan’s digital economy, the federal government has unleashed a sweeping new tax regime on digital transactions through e-commerce platforms as part of the Finance Bill 2025. The latest move targets the booming world of online sales, aiming to bring long-ignored digital commerce into the tax […]
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Karachi, June 11, 2025 – In a significant fiscal development, the federal government has proposed an income tax on pension income exceeding Rs10 million annually as part of the Finance Bill, 2025.
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Karachi, June 11, 2025 – In a significant move to enhance enforcement and ensure timely collection of dues, the Finance Bill 2025 has proposed amendments to the Income Tax Ordinance, 2001, empowering tax authorities to initiate immediate recovery of outstanding tax liabilities.
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Karachi, June 11, 2025 – In a major policy shift to improve tax compliance and documentation of the economy, the Finance Bill 2025 has proposed strict restrictions on various financial transactions for ineligibles — individuals or entities that have failed to file annual income tax returns despite having taxable income.
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Karachi, June 11, 2025 – The Finance Bill 2025 has proposed a significant amendment to the Income Tax Ordinance, 2001, by introducing a minimum fair market value benchmark for rental income derived from commercial properties.
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ISLAMABAD, June 10, 2025 – The federal government has set an ambitious GDP growth target of 4.2% for the fiscal year 2025-26, as per official budget documents released Tuesday.
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