FY27 Budget Outlook: IMF Commitments Narrow Pakistan’s Space for Broad Economic Relief
Pakistan’s FY27 federal budget is expected to prioritise fiscal discipline, IMF-linked reforms and revenue generation, leaving limited room for broad public relief despite improving economic indicators.
FBR Imposes Heavy Fines for Non-Filing of 2025 Income Tax Returns
The Federal Board of Revenue (FBR) has announced stringent fines for individuals failing to file their 2025 income tax returns on time. The new penalties include daily fines and substantial reductions for late filers.