Finance minister says policy consistency, tax reforms and export-led growth remain central to Pakistan’s economic strategy during meeting with Pakistan Business Council.
(more…)Category: Budget
This is parent category of budget presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
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Sindh imposes up to Rs1 million penalty for non-compliant invoicing software
Finance Act 2026 targets developers and suppliers of software that enables invoices violating Sindh sales tax regulations.
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Finance ministry unveils PSDP fund release strategy for FY2026-27
Quarterly fund release schedule and tighter financial controls introduced to improve cash management and execution of development projects.
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FBR gets Rs85.6 billion for FY27 salaries and operations
Government raises FBR allocation by 11% to strengthen tax administration, digitalization and revenue collection efforts
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FBR raises withholding tax on various services to 7%
Finance Act 2026 increases withholding tax from 6% to 7% on a broad range of service payments
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Revised salary tax rates implemented from July 1, 2026
Finance Act 2026 introduces lower tax rates and revised income slabs for salaried individuals from FY2026-27
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FBR waives late return surcharge for individuals filing special undertaking
Taxpayers can avoid surcharge by pledging not to acquire any property for six months
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Finance Act 2026 cracks down on fake tax credit claims with 100% penalty
Taxpayers claiming unverifiable excess withholding tax credits will now pay a penalty equal to the overstated amount
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SBP to share high-risk banking data with FBR
Amendment to Income Tax Ordinance establishes centralized banking data repository for algorithm-based tax compliance checks
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Finance Act, 2026 empowers FBR with direct access to high-value bank account data
Banks and electronic money institutions must report transactions exceeding Rs100 million every six months under new digital compliance regime
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