Finance Bill 2026 proposes steep increase in income tax penalties
FBR seeks tougher penalties for concealment of income, false statements and non-compliance to strengthen tax enforcement.
Continue Reading
Category: Budget
This is parent category of budget presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
FBR intensifies scrutiny of undisclosed property transactions
Faceless audit system to target mismatches in income and expenditure as tax authorities move against concealed high-value property deals.
Continue Reading
Finance Bill 2026 Proposes Minimum Value Addition Tax on Imports
Manufacturers supplying imported raw materials without in-house consumption may face 3% value addition tax, default surcharge, and possible prosecution.
Continue Reading
Sindh reduces super tax rate on agricultural income, eases penalties for non-filers
Budget 2026-27 raises super tax exemption threshold to Rs500 million and aligns tax rate with federal income tax regime.
Continue Reading
Sindh settles insurance sector disputes, announces lower tax rates in Budget 2026-27
Tax rates for insurance agents and brokers reduced, while life insurance exemption threshold increased to Rs3.5 million.
Continue Reading
Sindh announces establishment of SIFC to position Karachi as regional financial hub
Murad Ali Shah unveils Sindh International Financial Centre initiative in Budget 2026-27 to attract global investment and strengthen Karachi’s role in regional finance.
Continue Reading
Balochistan Government Unveils Rs1089 Billion Budget for FY 2026-27
Budget focuses on development spending, job creation, health reforms, and new economic initiatives across the province
Continue Reading
Sindh Sets Rs775 Billion Revenue Target for FY 2026-27
Provincial government aims to boost tax collections and non-tax revenues amid strong growth trends.
Continue Reading
Sindh Proposes Over Rs720 Billion Development Spending in Budget 2026-27
Government prioritizes ongoing projects amid economic pressures and fiscal constraints
Continue Reading
Finance Bill 2026 Introduces Concept of Authorized Shipping Agent
New proposal aims to strengthen tax compliance and accountability for non-resident shipping operators through locally authorized representatives.
Continue Reading