Pakistan Revenue
This is parent category of budget presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
Chartered accountants’ body calls for clearer rules and alignment of advance tax mechanism for builders and developers. The Institute of Chartered Accountants of Pakistan (ICAP) has proposed amendments relating to taxation of builders and developers under Section 7F of the Income Tax Ordinance, 2001, in its budget proposals for 2026-27.
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Chartered accountants’ body seeks mandatory 48-hour notice and transparent audit selection to protect taxpayer rights. The Institute of Chartered Accountants of Pakistan (ICAP) has proposed that tax authorities should be required to issue prior notice before entering taxpayers’ business premises for audit and monitoring purposes.
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Chartered accountants’ body proposes raising daily cash withdrawal limit to Rs75,000 for non-filers amid inflation and higher business cash-flow needs. The Institute of Chartered Accountants of Pakistan has proposed increasing the daily cash withdrawal threshold for withholding tax collection in the federal budget for fiscal year 2026-27.
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Chartered accountants’ body proposes CPI-based adjustment of salary tax slabs to ease burden on salaried class amid persistent inflation. The Institute of Chartered Accountants of Pakistan has proposed linking salary tax slabs with Consumer Price Index (CPI) inflation in the federal budget 2026-27 to reduce the growing tax burden on salaried individuals.
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Tax bar urges reduction in property withholding taxes, says current rates are hurting real estate activity and investment The Karachi Tax Bar Association (KTBA) has called for an end to higher withholding tax rates on immovable property transactions, saying the current structure is discouraging activity in the real estate sector.
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Tax bar says punitive withholding taxes have become a revenue tool instead of improving documentation and compliance The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to abolish higher withholding tax rates imposed on non-filers and instead strengthen targeted enforcement measures to expand the tax net.
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Business council urges tougher taxation on non-filers through electricity bills to expand Pakistan’s tax base The Pakistan Business Council (PBC) has proposed a sharp increase in withholding tax rates on electricity consumers who are not filing income tax returns in its budget proposals for 2026-27.
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PBC says CVT on foreign assets is pushing wealthy Pakistanis to renounce nationality and recommends sweeping tax reforms for Budget 2026–27 The Pakistan Business Council (PBC) has said that Capital Value Tax (CVT) on foreign assets is pushing wealthy Pakistanis to surrender their nationality, warning that the tax regime is undermining investment confidence and encouraging […]
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State ministry signals targeted relief for salaried class in FY27 budget amid IMF-linked fiscal constraints The government is expected to reduce the tax burden on salaried individuals in the upcoming FY27 federal budget, Minister of State for Finance and Revenue Bilal Azhar Kayani said.
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Telecom industry seeks tax relief and lower import duties to support 4G, 5G and broadband expansion Pakistan’s telecom operators have proposed reducing advance income tax on telecom usage from 15% to 8% in the federal budget for 2026–27 as part of broader fiscal reforms aimed at accelerating digital connectivity and broadband expansion.
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