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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.

Gold Jewellery in Pakistan

Jewellery exporters urge key tax reforms in budget 2025-26

May 18, 2025May 18, 2025Shahnawaz Akhter

Karachi, May 18, 2025 – The Pakistan Gems and Jewellery Development Company has submitted an extensive set of proposals for the upcoming federal budget 2025-26, urging the government to introduce critical reforms to ensure the survival and competitiveness of Pakistan’s jewellery exporters.

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KTBA Bar

KTBA recommends 40% tax credit for teachers and researchers

May 18, 2025May 18, 2025Shahnawaz Akhter

Karachi, May 18, 2025 – The Karachi Tax Bar Association (KTBA) has called for the restoration of a 40% tax credit on income earned by qualified teachers and researchers in its detailed budget proposals for the fiscal year 2025-26.

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FBR Image 01 New

FBR urged to reinstate sales tax on petroleum products in budget

May 18, 2025May 18, 2025Shahnawaz Akhter

Karachi, May 18, 2025 – The Federal Board of Revenue (FBR) has been strongly urged to reinstate the sales tax on petroleum products in the upcoming 2025-26 federal budget, as per detailed tax proposals submitted by the Overseas Investors Chamber of Commerce and Industry (OICCI).

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Pakistan IMF

Pakistan and IMF engage in talks on salary tax rationalization

May 17, 2025May 17, 2025Mrs. Anjum Shahnawaz

Islamabad, May 17, 2025 – Pakistan and the International Monetary Fund (IMF) have initiated crucial discussions on the rationalization of salary taxation in the forthcoming federal budget for the fiscal year 2025-26.

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PBC Proposals

Pakistan plans major tax regime overhaul for gold trade in budget

May 17, 2025May 17, 2025Mrs. Anjum Shahnawaz

ISLAMABAD, May 17, 2025 – The Government of Pakistan is actively reviewing proposals to reshape the tax regime for gold transactions in the upcoming federal budget for the fiscal year 2025-26.

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American Business Council

Aurangzeb engages American businesses on budget 2025-26

May 17, 2025May 17, 2025Mrs. Anjum Shahnawaz

Islamabad, May 17, 2025 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a high-level meeting on Friday with representatives of American businesses in Pakistan to discuss key tax and economic proposals for the upcoming 2025-26 federal budget.

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budget proposals

OICCI proposes structural customs reforms to combat smuggling

May 16, 2025May 16, 2025Shahnawaz Akhter

Karachi, May 16, 2025 – The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for wide-ranging customs reforms aimed at curbing smuggling and strengthening Pakistan’s trade integrity.

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imported cars

Pakistan may relax age limit on used cars import in budget 2025-26

May 16, 2025May 16, 2025Faisal Shahnawaz

Pakistan is reportedly considering a major policy shift by extending the age limit for the import of old and used cars from the current three years to five years.

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FED on cigarettes

Pakistan considers tax relief for tobacco sector in FY26 budget

May 15, 2025May 15, 2025Mrs. Anjum Shahnawaz

The federal government is currently evaluating a proposal to extend significant tax relief to the tobacco sector in the forthcoming federal budget for the fiscal year 2025–26. Industry representatives have reportedly submitted two key demands: the creation of a third excise duty tier with a lower rate of Rs 2,525 per 1,000 cigarette sticks, and […]

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FBR Image 01 New

FY26 Budget: Cash on delivery online shopping may face FBR tax

May 15, 2025May 15, 2025Shahnawaz Akhter

As Pakistan prepares its fiscal roadmap for 2025–26, the Federal Board of Revenue (FBR) is actively exploring new strategies to regulate and tax the booming online shopping sector.

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  • Honda Pakistan achieves 70% surge in annual car production
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