FBR’s FY25 Report Confirms Sharp Rise in Tax Burden on High-Income Salary Earners
The Federal Board of Revenue’s FY25 annual report acknowledges significant increases in income tax rates for high-income salaried individuals, driven by revenue-generation measures introduced under the Finance Act 2024.
FBR Lifestyle Monitoring Cell Flags High-Spending Taxpayers With Minimal Declared Income for Enforcement Action
The FBR’s Lifestyle Monitoring Cell has flagged individuals displaying extravagant lifestyles while declaring unusually low income, forwarding cases to headquarters and regional tax offices for enforcement amid rising pressure to meet revenue targets.
Pakistan Finance Minister Confirms $1.3 Billion Eurobond Payment Commitment Following $500 Million Settlement
Pakistan Finance Minister Muhammad Aurangzeb assures successful repayment of the $1.3 billion Eurobond due in April 2026 following a $500 million settlement, citing economic reforms, strong remittances, and stable markets as key confidence drivers.
Over 80 Organizations’ Data Utilized in Compiling Pakistan’s Tax Expenditure Report 2025
The Federal Board of Revenue has issued the Tax Expenditure Report 2025, relying on data from more than 80 organizations to calculate the true cost of tax exemptions. Provincial Boards of Revenue, federal agencies, financial institutions, and private sector organizations all contributed to ensure a comprehensive and transparent assessment.
Pakistani Banks Face Rs1 Trillion Deposit Withdrawals in Just Two Months
Pakistan’s banking sector saw withdrawals exceeding Rs1 trillion in July and August 2025, as depositors shifted funds amid falling interest rates and stricter tax enforcement. Experts warn the trend could pressure liquidity and lending capacity across the financial system.
Understanding Pakistan’s Federal Budget: The Role of IMF Borrowing in Economic Strategy
Pakistan’s federal budget reflects a deep reliance on IMF programs, shaping fiscal priorities, debt management, and future growth strategies. Understanding the role of IMF borrowing is crucial to assessing the country’s economic path.
Fiscal Consolidation Strengthens Pakistan’s Economic Outlook with Lowest Deficit in Eight Years
Pakistan’s fiscal deficit narrowed to 5.4% of GDP in FY2025, the lowest in eight years, as strong revenue growth and controlled expenditures supported consolidation efforts. A record primary surplus and improved tax collection highlight progress in fiscal discipline.
ADB Flags Pakistan’s Pension Scheme as Generous but Financially Unsustainable
ADB has warned that Pakistan’s pension scheme for government employees, while generous, lacks a sustainable funding structure and is placing pressure on national finances.
Finance Minister Calls for Transition from Donor Aid to Self-Driven Economic Development in Pakistan
Pakistan’s finance minister emphasizes the need to move away from donor-driven aid toward country-led, sustainable economic development to secure long-term growth and stability.
Beyond Tax Targets: PBA Urges Structural and Institutional Reforms for Sustainable Economic Growth
The Pakistan Banks Association calls for structural and institutional reforms beyond headline tax targets. Zafar Masud and Farhan Bokhari explore deeper economic constraints and policy misalignments stalling sustainable growth in Pakistan.