tax reforms

Pakistan’s Finance Minister Muhammad Aurangzeb presented the federal budget 2025-26 with a Rs17.573 trillion outlay, targeting 4.2% GDP growth, 7.5% inflation, major tax reforms, enhanced social spending, and defence allocations, …

The federal government has postponed the presentation of Budget 2025-26 to June 10 due to ongoing negotiations with the IMF. Key fiscal targets remain unresolved as Pakistan seeks to balance …

Islamabad, May 12, 2025: The federal government is preparing to announce significant tax relief for Pakistan’s real estate sector in the upcoming federal budget for 2025–26. These measures, expected to …

Amid budget planning for FY26, the government is reportedly mulling a reduction in the corporate tax rate. This move could provide vital relief to the business community, spur investments, and …

The Federal Board of Revenue’s (FBR) latest efforts to combat black money in Pakistan’s real estate market have won important support from the National Assembly. The objective is simple: ensure …

ISLAMABAD: The Federal Bureau of Revenue (FBR) in Pakistan has mandated the installation of point of sales (POS) systems for smaller businesses by July 1, 2024, according to S.R.O. 428 …

The World Bank has recommended that Pakistan consider taxing monthly salaries below Rs50,000 and reduce the income threshold for charging the highest income tax rate of 35% for salaried individuals. …

ISLAMABAD: The caretaker government has established a task force for tax reform and appointed Dr. Shamshad Akhtar, the caretaker Finance Minister, as its chairperson. Arshad Saleem Tariq, a Member of …