Pakistan Revenue
Prime minister prioritizes water reservoirs, hydropower and performance-based funding Prime Minister Shehbaz Sharif on Monday chaired a meeting to review the Public Sector Development Programme (PSDP) for fiscal year 2026-27, stressing that public funds should be directed toward projects delivering tangible economic results.
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Business body proposes lower withholding taxes and withdrawal of Section 7F The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed sweeping tax reforms for Pakistan’s property sector in the federal budget 2026-27, including sharp reductions in withholding taxes on property purchases and sales.
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FPCCI advocates massive tax relief for salaried persons in budget 2026-27 The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has called for broad tax relief for salaried individuals in the federal budget 2026-27, arguing that high tax rates and surcharges are eroding disposable incomes and weakening household financial stability.
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Trade body urges government to ease compliance burden in budget 2026-27 Federation of Pakistan Chambers of Commerce and Industry has proposed the revival of the Final Tax Regime (FTR) for exporters in the upcoming budget 2026-27, arguing that the withdrawal of the regime has increased compliance costs and tax-related uncertainty for exporters.
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Sarafa association seeks simplified turnover-based tax system for jewelry sector The All Pakistan Sarafa Gems and Jewelers Association has proposed a special tax regime for jewelers aimed at simplifying income tax payments and record-keeping procedures for the sector.
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Committee stresses balanced fiscal policies to broaden tax base and support investment growth A committee constituted by Shehbaz Sharif has recommended growth-oriented tax measures for the upcoming federal budget 2026-27, as the government seeks to strengthen revenue collection while supporting economic expansion.
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Government plans technology-driven tax reforms to curb evasion and improve transparency Islamabad: The Federal Board of Revenue (FBR) is planning to introduce an AI-based tax system through the upcoming Finance Bill 2026 to identify false information in tax returns and strengthen enforcement against tax evasion.
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Finance minister meets ICAP delegation Muhammad Aurangzeb has assured chartered accountants that the government will introduce facilitative tax measures in the upcoming Budget 2026-27.
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Lahore Chamber of Commerce and Industry has proposed the restoration of a simpler and predictable Final Tax Regime (FTR) for exporters in the upcoming federal budget 2026-27.
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Overseas Investors Chamber of Commerce and Industry has proposed increasing the taxable salary income threshold to Rs1.2 million annually in the federal budget 2026-27, compared to the existing limit of Rs600,000.
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