Karachi, April 27, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to introduce tax relief measures for yarn traders in the upcoming federal budget 2025-26, aiming to boost compliance and support growth within the sector.
(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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PSX uncovers massive undocumented wealth in real estate sector
Karachi, April 27, 2025 – The Pakistan Stock Exchange (PSX) has revealed a significant presence of undocumented wealth circulating within the real estate sector and has suggested several reforms to integrate this sector into the formal tax framework.
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PSX proposes 5% CGT on all derivatives in Budget 2025-26
Karachi, April 26, 2025 – The Pakistan Stock Exchange (PSX) has proposed a flat Capital Gains Tax (CGT) rate of 5% on all derivative instruments in its budget recommendations for the fiscal year 2025-26. This includes cash-settled derivative contracts and all futures contracts traded on the PSX.
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KCCI seeks tax credit revival to stimulate industrial investment
Karachi, April 25, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly urged the Federal Board of Revenue (FBR) to reinstate the previously available tax credit under Section 65B of the Income Tax Ordinance, 2001, in a bid to encourage industrial investment and economic growth.
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PSX urges mandatory payment digitization to boost documentation
Karachi, April 25, 2025 – The Pakistan Stock Exchange (PSX) has strongly advocated for the digitization of all payment systems in its proposals for the upcoming federal budget 2025–26.
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ICMAP recommends transparent tax framework for traders
KARACHI, April 24, 2025 — The Institute of Cost and Management Accountants of Pakistan (ICMAP) has emphasized the urgent need for a transparent and efficient tax mechanism to bring traders into the formal tax system.
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FBR mulls tax on YouTube, social media earnings in FY26 budget
Karachi, April 23, 2025 – The Federal Board of Revenue (FBR) is actively considering the introduction of a new tax regime targeting income generated through digital platforms such as YouTube and other social media channels.
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KCCI urges redefinition of withholding agent to ease tax burden
Karachi, April 23, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has recommended a critical reform in the country’s tax structure by suggesting changes to the existing definition of a withholding agent.
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PCDMA Seeks FTR Revival, Relief for Commercial Importers
Karachi, April 22, 2025 – The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has submitted a detailed set of tax proposals for the upcoming 2025–26 federal budget, urging the Federal Board of Revenue (FBR) to revive the Final Tax Regime (FTR) specifically for commercial importers. The association emphasized that restoring this system would provide much-needed relief, simplify taxation, and strengthen trust between the government and the business community.
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ICMAP proposes GST framework to tax offshore sellers
Karachi, April 22, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has presented a comprehensive proposal aimed at incorporating offshore sellers into the General Sales Tax (GST) regime, a move designed to curb tax evasion and level the playing field for domestic businesses.
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