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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.

ICMA Pakistan

ICMAP summarizes tax suggestions for June 10 Budget 2025–26

June 5, 2025June 5, 2025Shahnawaz Akhter

Karachi, June 5, 2025 – With the Federal Budget 2025–26 set to be unveiled on June 10, the Institute of Cost and Management Accountants of Pakistan (ICMAP) has reiterated its detailed tax policy proposals submitted earlier to the Federal Board of Revenue (FBR).

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Jazz CEO Aamir Ibrahim

Jazz CEO urges tax relief for telecom sector in FY26 budget

June 5, 2025June 5, 2025Hamza Shahnawaz

Islamabad, June 5, 2025 – Aamir Ibrahim, CEO of Jazz and Chairman of the Telecom Operators Association of Pakistan, has urged the government to ease the tax burden on the telecom sector in the upcoming fiscal year 2025–26 budget.

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Inland Revenue Service

FBR rejects all leave requests ahead of FY26 Budget presentation

June 5, 2025June 5, 2025Shahnawaz Akhter

Islamabad, June 5, 2025 – The Federal Board of Revenue (FBR) has issued strict directives rejecting all leave applications submitted by officials of the Inland Revenue Service (IRS), as the government prepares to present the federal budget for the fiscal year 2025-26.

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Income Tax Return FBR

Tax expert backs CVT for broadening tax base in budget 2025-26

June 5, 2025June 5, 2025Mrs. Anjum Shahnawaz

Karachi, June 5, 2025 – A leading tax expert has strongly supported the implementation and expansion of the Capital Value Tax (CVT) in the upcoming federal budget 2025-26 as a strategic measure to broaden Pakistan’s tax base and improve equity in the tax system.

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budget proposals

New framework proposed to tax digital platforms in Pakistan

June 4, 2025June 4, 2025Shahnawaz Akhter

Islamabad, June 4, 2025 – A new framework has been put forward to bring digital platforms in Pakistan under the tax net. This proposal, presented by the Institute of Chartered Accountants of Pakistan (ICAP), is part of the country’s upcoming 2025–26 budget suggestions.

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PM Sharif Parliament

NEC approves Rs4.22 trillion development plan for 2025–26

June 4, 2025June 4, 2025Mrs. Anjum Shahnawaz

Islamabad, June 4, 2025 – The National Economic Council (NEC) has approved a comprehensive development plan worth Rs4.224 trillion for the fiscal year 2025–26.

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Income Tax Return FBR

Businessmen slam proposal to impose CVT on movable assets

June 4, 2025June 4, 2025Shahnawaz Akhter

Karachi, June 4, 2025 – The business community across Pakistan has issued a strong and united condemnation of the government’s reported plan to impose Capital Value Tax (CVT) on a broad range of movable assets in the upcoming Federal Budget 2025-26.

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Pakistan budget 2025-26

Government may withdraw further sales tax in budget 2025-26

June 4, 2025June 4, 2025Mrs. Anjum Shahnawaz

ISLAMABAD – In a major policy shift, the federal government is expected to withdraw the further sales tax in the upcoming Budget 2025–26 as part of its broader strategy to encourage documentation across the entire supply chain. This move aims to bring more businesses, particularly dealers, wholesalers, and retailers, into the formal tax net.

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FBR Image 01 New

FBR advised to honor loyal taxpayers for expanding tax net

June 3, 2025June 3, 2025Shahnawaz Akhter

Karachi, June 3, 2025 – In a powerful and game-changing proposal ahead of the federal budget 2025-26, the Institute of Chartered Accountants of Pakistan (ICAP) has sounded the alarm: If the FBR wants more taxpayers, it must start by honoring the ones it already has.

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FBR Pakistan Karachi

Major overhaul of CGT on securities expected in Budget 2025-26

June 3, 2025June 3, 2025Shahnawaz Akhter

Karachi, June 3, 2025 — A significant overhaul in the structure of Capital Gains Tax (CGT) on the disposal of securities is likely to be announced in the upcoming budget for the fiscal year 2025–26, according to sources close to the Federal Board of Revenue (FBR).

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