
Finance Committee Approves Social Media Tax, Mandatory E-Filing of Returns
Finance Committee approves 5% withholding tax on social media income and removes 1% advance tax on exporters.

Finance Committee approves 5% withholding tax on social media income and removes 1% advance tax on exporters.

Ghee and cooking oil prices may rise by Rs15 per kg due to new budget tax.

Pakistan collects Rs620 billion yearly in taxes through electricity bills.

Punjab plans FBR-style tax authority to unify taxes and boost revenue.

Balochistan unveils Rs. 1.089 trillion tax-free budget with 7% pay hike.

Sindh Budget 2026-27 raises the minimum wage to Rs. 43,000, increases salaries by 7% and pensions by 5% and introduces no new taxes.

Sindh Cabinet has approved the FY2026-27 budget, proposing a 7% salary increase for and a 5% pension hike.

Sindh is set to present its Budget 2026-27 with proposed salary and pension increases, reduced development spending.

IMF has rejected proposal to reduce GST on stationery items, keeping the tax rate at 10%

KPK has prepared two budget proposals for FY2026-27, including a Rs. 2.2 trillion full-year budget and a three-month interim budget.