Tag: budget proposals

Tax Budget

SDPI calls for major shift in Pakistan’s fiscal priorities ahead of budget 2026-27

Mrs. Anjum Shahnawaz

Experts warn fiscal policy remains crisis-driven and call for stronger investment in resilience, social protection and green growth. ISLAMABAD: Pakistan’s fiscal framework continues to prioritise short-term crisis management instead of addressing structural weaknesses that deepen poverty, inequality and climate vulnerability, according to experts from the Sustainable Development Policy Institute (SDPI).

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KTBA Bar

KTBA advocates major tax relief for NPOs in budget 2026-27

Faisal Shahnawaz

Karachi Tax Bar Association proposes removing surplus fund tax and administrative expense restrictions on non-profit organisations The Karachi Tax Bar Association (KTBA) has proposed significant tax relief measures for non-profit organisations (NPOs) in the Budget 2026-27, arguing that the existing tax framework restricts welfare activities and creates financial challenges for charitable institutions.

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Internet disruptions major obstacle in FBR’s e-bilty operations, says KCCI

Faisal Shahnawaz

Karachi Chamber calls for phased implementation of e-bilty system amid concerns over digital infrastructure shortcomings The Karachi Chamber of Commerce and Industry (KCCI) has identified persistent internet disruptions and inadequate digital infrastructure as major obstacles to the smooth implementation of the Federal Board of Revenue’s (FBR) e-bilty system, urging the government to reconsider its approach […]

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KCCI Photo

KCCI calls for abolition of FBR’s bank account freezing powers

Faisal Shahnawaz

Karachi Chamber calls for business-friendly tax reforms, digital verification and an end to disruptive enforcement practices The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to abolish the Federal Board of Revenue’s (FBR) authority to freeze bank accounts, arguing that the practice disrupts business operations and undermines taxpayer confidence.

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Beverage

Experts push for higher taxes on beverages to prevent diabetes

Faisal Shahnawaz

TRANSFORM Pakistan Campaign says higher taxes on sweetened beverages can reduce diabetes and other non-communicable diseases A coalition of civil society organisations and public health professionals working under the TRANSFORM Pakistan Campaign has urged the government to increase the Federal Excise Duty (FED) to 40 per cent on all sweetened beverages, including juices and fruit […]

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ICAP - CA

ICAP proposes wider banking data access to help FBR expand tax base

Faisal Shahnawaz

ICAP proposes monthly CNIC-linked banking data reporting and AI-driven analysis to help FBR detect undeclared income and improve tax compliance The Institute of Chartered Accountants of Pakistan (ICAP) has called for the Federal Board of Revenue (FBR) to significantly expand its use of banking data, recommending monthly digital transaction reporting to improve tax compliance and […]

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FBR launches IRIS 2.0

ICAP proposes expanded role for chambers in tax crackdown on informal traders

Faisal Shahnawaz

ICAP proposes tax facilitation desks, data-sharing systems and national performance rankings for chambers to help widen Pakistan’s tax base and curb informality The Institute of Chartered Accountants of Pakistan (ICAP) has proposed a major overhaul of Pakistan’s tax enforcement framework, suggesting that district chambers of commerce be turned into active partners in efforts to curb […]

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Karachi Chamber

Export emergency: KCCI warns Pakistan’s textile industry is under siege

Hamza Shahnawaz

Karachi Chamber warns high energy costs, taxation and policy uncertainty are weakening Pakistan’s global textile competitiveness KARACHI: The Karachi Chamber of Commerce and Industry (KCCI) has sounded alarm over the deteriorating competitiveness of Pakistan’s textile sector, warning that rising production costs, inconsistent policies and stronger regional competition are threatening the country’s largest export industry.

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KCCI Photo

KCCI seeks restoration of final tax regime for exporters in FY2026-27 budget

Hamza Shahnawaz

Karachi Chamber says shift to Normal Tax Regime has increased tax burden, compliance costs and operational challenges for exporters. The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to restore the Final Tax Regime (FTR) for exporters in the Federal Budget 2026-27, arguing that the existing taxation framework is undermining the competitiveness […]

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