Karachi, May 1, 2025 — The Karachi Tax Bar Association (KTBA) has strongly called for the complete abolition of the super tax in its detailed budget proposals for the fiscal year 2025–26.
(more…)Category: Budget
This is parent category of budgets presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
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KCCI proposes action plan to curb under-invoicing in plastic imports
Karachi, May 1, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) has submitted comprehensive recommendations to the government for the upcoming Budget 2025–26, addressing the growing issue of under-invoicing and misdeclaration on imported plastic, especially polyethylene and polypropylene products.
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PSX recommends lower tax rates for listed companies in budget
Karachi, May 1, 2025 — The Pakistan Stock Exchange (PSX) has submitted a set of tax proposals for the federal budget 2025–26, calling for a permanent reduction in corporate tax rates for listed companies.
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Finance Bill 2025 to enforce strict restrictions on non-filers
Islamabad, May 1, 2025 – The Government of Pakistan is gearing up to introduce strict restrictions on financial and economic activities of non-filers starting from the new fiscal year 2025–26.
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FBR plans major tax relief for salaried class in budget 2025-26
Islamabad, May 1, 2025 – The Federal Board of Revenue (FBR) is working on a plan to provide significant tax relief to the salaried class in the upcoming federal budget for 2025-26.
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KTBA proposes taxpayer-friendly measures in budget 2025–26
Karachi, April 30, 2025 – The Karachi Tax Bar Association (KTBA) has formally submitted its comprehensive set of tax proposals for the upcoming Budget 2025–26, emphasizing the need for a balanced, efficient, and taxpayer-friendly tax regime.
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PSX urges tax relief to boost foreign investment in capital market
Karachi, April 30, 2025 – The Pakistan Stock Exchange (PSX) has proposed a significant tax relief package aimed at attracting foreign investment into the country’s capital market, ahead of the federal budget for fiscal year 2025–26.
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OICCI recommends phased super tax exit for growth
The Overseas Investors Chamber of Commerce and Industry (OICCI) has once again emphasized the need for a more stable and growth-oriented tax framework to attract foreign and local investment. As part of its budget recommendations, the OICCI has strongly urged the government to initiate a phased elimination of the super tax, proposing its complete removal over a span of three years.
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PSX calls for rationalization of CGT rates to remove tax distortions
KARACHI, April 29, 2025 — The Pakistan Stock Exchange (PSX) has recommended the removal of the flat 12.5% Capital Gains Tax (CGT) rate on the disposal of listed securities acquired between July 1, 2013 and June 30, 2022.
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PSX urges government to reconsider tax on bonus shares
Karachi, April 28, 2025 – Pakistan Stock Exchange (PSX) has formally urged the government to review the current tax treatment of bonus shares in the forthcoming federal budget for 2025-26.
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