National Assembly Standing Committee Rejects FBR Direct Bank Account Access as Finance Bill 2026 Debates Heat Up
The National Assembly Standing Committee on Finance rejects giving the FBR direct access to bank account data and blocks stricter penalties for tax filers.
IMF Approves Pakistan Tax Policy and Enforcement Reforms Worth 500 Billion Rupees
The federal government has approved extensive tax reforms and enforcement measures for Budget 2026-27 following successful consultations with the IMF.
Agriculture Income Tax Faces Political Roadblocks Despite IMF Conditions
Pakistan’s provinces have set unrealistically low targets for agriculture income tax despite IMF conditions. Experts argue that political resistance, constitutional hurdles, and elite capture are undermining revenue potential estimated at up to Rs. 500 billion.