IMF Wants to End Sales Tax Exemptions
IMF has urged Pakistan to abolish all sales tax exemptions and adopt a uniform tax rate as negotiations with the FBR continue over FY27 revenue targets and new taxation measures.
Latest Tax News
FBR Makes POS Integration Mandatory in Islamabad
FBR makes POS integration mandatory for service providers in Islamabad under STGO No. 05 of 2026, introducing electronic invoicing and real-time reporting requirements.
FBR to Seek Penalties for Digital Invoicing Violations in Finance Bill 2026
FBR plans stricter penalties for digital invoicing violations in Finance Bill 2026 as Pakistan strengthens IMF-backed tax reforms.
Govt Commits to Rs. 17 Trillion Revenue Target Under IMF Programme for FY2026-27
Pakistan commits to a Rs. 17 trillion revenue target under the IMF programme for FY2026-27 with new tax reforms, higher petroleum levy collections, and stronger provincial revenue measures.
FBR Introduces Electronic Monitoring System for Bottled Water Industry
FBR has introduced an electronic monitoring system for bottled water manufacturers to curb sales tax evasion, improve transparency, and strengthen real-time production tracking across the industry.
Govt Ready to Cut Tax Exemptions to Meet IMF Revenue Targets in FY2026-27
The federal government is preparing major fiscal measures in the upcoming FY2026-27 budget aimed at increasing tax revenues and fulfilling commitments made under Pakistan’s program with the International Monetary Fund. […]
EY Ford Rhodes Urges Government to End Super Tax Through Sunset Clause
Tax expert Haider Ali Patel has urged the government to introduce a sunset clause in Section 4C of the Income Tax Ordinance, 2001, to define a clear timeline for ending […]
Jewelers Propose Simplified Income Tax Regime for Jewelry Sector
The All Pakistan Sarafa Gems and Jewelers Association has proposed a simplified turnover-based income tax regime for jewelry sector to ease compliance, improve documentation.
PM Committee Recommends Growth-Oriented Tax Measures in Budget 2026-27
The government’s budget committee has recommended growth-oriented tax measures for Budget 2026-27 aimed at increasing revenue, expanding the tax base, and supporting investment.
Govt Plans Rs. 215 Billion New Taxes in Budget
The government is planning to impose Rs. 215 billion in new taxes in the next federal budget to meet IMF commitments.