Islamabad, December 26, 2025 — The Ministry of Commerce has formally invited stakeholders to submit customs and tariff-related budget proposals for the upcoming fiscal year 2026–27, aiming to refine Pakistan’s tariff structure in line with national economic priorities.
(more…)Tag: budget proposals
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SDPI raises alarm over implications of budget 2025-26
Islamabad, June 15, 2025 — The Sustainable Development Policy Institute (SDPI) has raised serious concerns over the far-reaching implications of the federal budget 2025-26, warning that its measures could compromise Pakistan’s economic stability, debt management, climate goals, and social protection frameworks.
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2025-26 budget incorporates several ICMAP proposals
Karachi, June 14, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has lauded the federal government for integrating several of its key recommendations in the newly unveiled budget for the fiscal year 2025-26.
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Surprises await in Budget 2025-26: all eyes on Aurangzeb
ISLAMABAD – Brace yourselves: the Budget 2025-26 is set to be unveiled tonight, and it’s bursting with surprises that could shake the financial foundations of the country. Insiders from the Ministry of Finance hint at a series of dramatic fiscal measures that have been kept tightly under wraps — until now.
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FPCCI calls for abolition of Section 7E to prevent capital flight
Karachi, June 9, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made a strong appeal to the government to abolish Section 7E of the Income Tax Ordinance, 2001 in the upcoming federal budget for 2025–26.
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FPCCI urges elimination of further tax in FY26 budget
Karachi, June 9, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has made a strong appeal to the government to abolish the “further tax” imposed under the Sales Tax Act in the upcoming federal budget for 2025–26.
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ICAP calls for abolition of alternative corporate tax in FY26 Budget
Karachi, June 8, 2025 – The Institute of Chartered Accountants of Pakistan (ICAP) has strongly recommended the abolition of the alternative corporate tax (ACT) in its formal proposals for the upcoming federal budget 2025-26.
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ICMAP proposes green tax reform for Budget 2025-26
Karachi, June 8, 2025 – In a forward-looking move aimed at promoting sustainability and innovation, the Institute of Cost and Management Accountants of Pakistan (ICMAP) has submitted detailed proposals for green tax reform as part of its recommendations for the federal budget 2025-26.
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Illicit trade with India draining Pakistan economy: OICCI
Karachi, June 8, 2025 — The Overseas Investors Chamber of Commerce and Industry (OICCI) has raised serious concerns over the mounting economic damage inflicted on Pakistan due to illicit and undocumented trade with India.
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Foreign giants pressure Pakistan to slash tobacco taxes in budget
Karachi, June 8, 2025 — As the countdown to Budget 2025-26 intensifies, foreign tobacco players have launched a high-stakes pressure campaign on Pakistan, demanding the government roll back tax rates on deadly tobacco products — a move that could spell disaster for public health and national finances alike.
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