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A workspace with tax documents and a smartphone.

Rs. 17.1 Trillion Federal Budget 2026-27 to be Presented on June 5

Quratul Ain May 31, 2026

The federal government will unveil the Rs. 17.1 trillion Budget 2026-27 on June 5, with major allocations for debt servicing,…

A person filing tax returns online.

Government May Remove FBR Scrutiny Limit on Remittances

Quratul Ain May 30, 2026

Government may remove the Rs. 5 million limit under Section 111(4), allowing unlimited foreign remittances through banks.

Quaid-e-Azam’s Mausoleum in Karachi, Pakistan.

MTO Karachi Exceeds May Tax Collection Target by Rs2 Billion

Mah Noor May 30, 2026

MTO Karachi exceeded its May 2026 tax collection target by Rs2 billion, collecting Rs27 billion.

A tax document with a pen on a desk.

ICAP Seeks Major Tax Relief for Salaried Class, Businesses and Builders

Quratul Ain May 30, 2026

ICAP has proposed inflation-linked salary tax relief, higher cash withdrawal tax thresholds, taxpayer protections, and clearer taxation rules for builders.

A person writing in a notebook.

PSX Seeks Corporate Tax Cuts and Investor Incentives in Budget 2026-27

Quratul Ain May 30, 2026

PSX has proposed corporate tax cuts, restoration of investor tax credits, and removal of withholding taxes.

Smartphone displaying multiple app icons on a wooden surface.

Tax Relief or Higher Taxes Both Under Consideration

Quratul Ain May 29, 2026

Government considers tax changes for freelancers and IT employees in Budget 2026-27, while mobile phone tax relief remain unlikely.