New fixed sales tax regime aims to encourage investment and accelerate real estate development across the province
(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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FBR abolishes advance tax on Foreign TV Plays and Advertisements
Removal of Section 236CA signals a major policy shift, raising concerns over the future competitiveness of Pakistan’s domestic media and entertainment industry
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Pakistan Proposes Abolishment of CVT on Foreign Assets of Residents
Finance Bill 2026 Moves to Scrap Capital Value Tax on Overseas Assets Held by Individuals
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Finance Bill 2026 Proposes Dedicated Recovery Mechanism for Unpaid Petroleum Levy
Government seeks stricter recovery measures for unpaid petroleum and climate support levies through tax authorities under Budget 2026-27.
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Pakistan Introduces State Warehouse for Seized Goods
Finance Bill 2026 introduces state warehouses to strengthen custody and security of detained and confiscated goods, with strict penalties for tampering.
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Senate approves Finance Bill 2026 recommendations, endorses new salary tax slabs
Upper House forwards 123 budget recommendations to National Assembly, including support for revised salaried tax rates and higher government salaries
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Finance Bill 2026 proposes steep increase in income tax penalties
FBR seeks tougher penalties for concealment of income, false statements and non-compliance to strengthen tax enforcement.
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FBR intensifies scrutiny of undisclosed property transactions
Faceless audit system to target mismatches in income and expenditure as tax authorities move against concealed high-value property deals.
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Finance Bill 2026 Proposes Minimum Value Addition Tax on Imports
Manufacturers supplying imported raw materials without in-house consumption may face 3% value addition tax, default surcharge, and possible prosecution.
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Sindh reduces super tax rate on agricultural income, eases penalties for non-filers
Budget 2026-27 raises super tax exemption threshold to Rs500 million and aligns tax rate with federal income tax regime.
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