Khyber Pakhtunkhwa Unveils 2.17 Trillion Rupee Budget for FY27 Amid Deepening Center Province Tensions
Khyber Pakhtunkhwa Chief Minister Sohail Afridi presents a 2.17 trillion rupee budget for fiscal year 2026-27 projecting a 48 billion rupee deficit met via domestic savings.
Senate Committee Urges Return Of Exporters To Final Tax Regime To Safeguard National Trade Growth
The Senate Standing Committee on Finance and Revenue recommends moving exporters back to the Final Tax Regime as Finance Minister Muhammad Aurangzeb defends fiscal buffers.
Government Declines Public Disclosure Of Revenue Impact From Proposed Fiscal Year 2027 Tax Relief Measures
The government retains tax relief data close to 360 billion rupees privately during National Assembly and Senate budget committee debates while IMF talks continue.
Finance Minister Muhammad Aurangzeb Announces Long Term Strategy To Phase Out Corporate Super Tax
Finance Minister Muhammad Aurangzeb confirms state intentions to abolish the controversial super tax as the Federal Board of Revenue evaluates the fiscal impact.
Federal Board of Revenue Introduces Massive Penalty Surcharge Hikes for Late Tax Return Filers in Pakistan
Under the newly proposed Finance Bill 2026 amendments, the FBR plans to increase the Active Taxpayers List restoration fee for individuals from 1000 to 25000 rupees.
Federal Board of Revenue Clarifies Solar Panel Tax Exemption and Introduces Digital Media Income Levies
The apex tax authority outlines a massive revenue collection target driven by automated compliance, digital platform taxes, and retail net expansion.
Government Introduces Fixed Tax Initiative for Small Shopkeepers to Broaden Revenue Framework
The newly launched retail taxation scheme offers a simplified compliance pathway for micro-retailers while enforcing penalties for non-participation.
Pakistan Tax Expenditure Assessment Reveals Significant Revenue Forgone Due to Special Concessions
An official analysis of public finances indicates that broad tax exclusions and preferential rates reduced overall federal collection by trillions during the past fiscal period.
Federal Board of Revenue Confirms Post Budget Press Briefing to Outline Ambitious Tax Reforms and IMF Alignment
The apex tax authority schedules an exhaustive technical session to clarify upcoming adjustments in income slabs, retail duties, and enforcement measures.
FBR Sets Record Tax Collection Target of Rs 15.264 Trillion For Budget 2026-27
The Federal Board of Revenue targets 15.264 trillion rupees in tax collection for fiscal year 2026-27 under the framework of the ongoing IMF program.