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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.

Overseas Chamber

Illicit trade with India draining Pakistan economy: OICCI

June 8, 2025June 8, 2025Shahnawaz Akhter

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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FED on cigarettes

Foreign giants pressure Pakistan to slash tobacco taxes in budget

June 8, 2025June 8, 2025Shahnawaz Akhter

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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FBR - Taxation

FBR plans to block ATL benefits for nil filers in 2025-26 budget

June 8, 2025June 8, 2025Shahnawaz Akhter

In a decisive move to tighten the noose around tax dodgers, the Federal Board of Revenue (FBR) has finalized a groundbreaking legal proposal aimed squarely at ‘nil filers’ — individuals and entities who submit income tax returns with zero declared income solely to gain benefits of the Active Taxpayers List (ATL).

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Economic Survey of Pakistan

Economic Survey of Pakistan 2024–25: A Preview

June 8, 2025June 8, 2025Shahnawaz Akhter

Islamabad, June 8, 2025 – The Government of Pakistan is set to unveil the Economic Survey 2024–25 on June 9, 2025, a key annual document that reviews the nation’s economic performance for the outgoing fiscal year.

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FBR Blue

Budget 2025-26: Government targets freelancers with new tax plan

June 7, 2025June 7, 2025Shahnawaz Akhter

Islamabad, June 7, 2025 — The federal government is preparing to bring freelancers under the tax radar as part of major fiscal reforms in the upcoming budget for 2025-26, scheduled to be presented on June 10.

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FBR - Taxation

FED on properties may be abolished in Budget 2025-26

June 7, 2025June 7, 2025Shahnawaz Akhter

Islamabad, June 7, 2025 – The Federal Excise Duty (FED) imposed on the transaction of immovable properties is likely to be abolished in the upcoming federal budget for 2025-26, expected to be presented on June 10.

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budget proposals

Budget 2025–26: salary and pension increases under review

June 7, 2025June 7, 2025Mrs. Anjum Shahnawaz

ISLAMABAD, June 7, 2025 – The federal government is actively reviewing proposals to increase salary and pension for government employees in the upcoming Budget 2025–26, despite tight fiscal space and growing pressure from coalition partners.

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Tax Budget

Budget Shock 2025-26: tax on cash withdrawal set to double

June 7, 2025June 7, 2025Mrs. Anjum Shahnawaz

ISLAMABAD – In what is being dubbed a bombshell ahead of the federal budget 2025-26, the government of Pakistan is reportedly set to double the withholding tax on cash withdrawal from banks, a move that could shake businesses and individuals alike.

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KTBA Bar

Pakistan’s corporate tax burden highest in Asian region: KTBA

June 6, 2025June 6, 2025Shahnawaz Akhter

Karachi, June 6, 2025 – The Karachi Tax Bar Association (KTBA) has called on the federal government to lower Pakistan’s corporate tax rate, highlighting that it is currently the highest in Asia.

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FBR - Taxation

FBR considers GST on cross-border online sales in FY26 Budget

June 6, 2025June 6, 2025Shahnawaz Akhter

ISLAMABAD, June 6, 2025 – The Federal Board of Revenue (FBR) is actively exploring the imposition of General Sales Tax (GST) on cross-border online sales as part of the upcoming budget for 2025–26.

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