ISLAMABAD, April 9 – Pakistan’s Finance Minister Muhammad Aurangzeb held a virtual meeting with leading business representatives on Thursday to discuss priorities for the federal budget 2026-27, as the government seeks to sustain economic recovery and strengthen growth prospects.
(more…)Tag: budget proposals
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SDPI warns of rising poverty, urges urgent tax reforms in budget 2026-27
Experts have warned that Pakistan could face a significant rise in poverty if urgent fiscal reforms are not introduced in the upcoming federal budget 2026-27. Speaking at a pre-budget policy dialogue organized by the Sustainable Development Policy Institute (SDPI), economists cautioned that up to 1.5 million additional people could fall below the poverty line under a worst-case scenario.
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ICMAP proposes vacant urban land tax in budget 2026-27
The Institute of Cost and Management Accountants of Pakistan (ICMAP) has proposed the introduction of an annual vacant urban land tax in the upcoming Budget 2026-27, aiming to improve land utilization and boost government revenue.
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ICMAP proposes carbon, pollution levy on large industries
Institute of Cost and Management Accountants of Pakistan (ICMAP) has proposed the introduction of a Carbon and Pollution Levy on large industrial units as part of its tax recommendations for the Federal Budget 2026–27.
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Pakistan Budget 2026-27: ICMAP Pushes Crypto Tax Relief
Karachi, March 31, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has urged the federal government to introduce a comprehensive tax incentive scheme for cryptocurrency and fintech in the upcoming Budget 2026–27, aiming to bring digital assets into the formal economy.
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ICMAP proposes consumer lottery scheme to bring retailers into tax net
Karachi, March 29, 2026 – The Institute of Cost and Management Accountants of Pakistan has proposed an innovative consumer lottery scheme aimed at improving tax compliance and documenting retail transactions across the country. The recommendation has been submitted as part of budget proposals for the Federal Budget 2026–27 to the Ministry of Finance Pakistan.
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Pakistan may generate Rs15 billion by taxing digital platforms: ICMAP
Karachi, March 26, 2026 – The Institute of Cost and Management Accountants of Pakistan has projected that Pakistan could generate around Rs15 billion annually by imposing a tax on digital platforms in the upcoming budget 2026–27.
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Pakistan stock brokers seek CGT exemption after 3 years
Karachi – The Pakistan Stock Brokers Association (PSBA) has proposed a major tax relief for investors, calling for a complete exemption from Capital Gains Tax (CGT) on securities held for more than three years in its budget proposals for 2026–27.
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ICMAP suggests 2% tax on high-value additional properties
Karachi, March 25, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has proposed the introduction of an additional residential property tax in the upcoming federal budget 2026-27, aiming to address imbalances in Pakistan’s housing market.
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ICMAP pushes luxury taxes and farmer incentives for Budget 2026–27
Karachi, March 20, 2026 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has submitted a comprehensive set of revenue proposals to the Ministry of Finance for consideration in the upcoming Federal Budget 2026–27, aimed at broadening the tax base, documenting informal sectors, and generating sustainable revenue.
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