TaxationPk

PTI leaders differ over the presentation of the KP Budget 2026-27 as debate grows within the party over its timing.

Read More: https://taxationpk.com/kpk-to-present-rs21-5-trillion-budget-today/

FBR proposes sales tax on 21 more retail product categories, including packaged foods, beverages, cosmetics, and household goods under Finance Bill 2026.

Read More: https://taxationpk.com/fbr-proposes-sales-tax-on-21-additional-retail-product-categories/

FBR Proposes Sales Tax on 21 additional Retail Product Categories - TaxationPk FBR proposes sales tax on 21 more retail product categories, including packaged foods, beverages, cosmetics, and household goods.

ECC approves Rs. 1 crore grant for tea, lunches and dinners during Parliament's budget session in fiscal year 2025-26.

Read More: https://taxationpk.com/govt-approves-rs-1-crore-for-tea-lunch-and-dinner-during-budget-session/

Punjab introduces mandatory online property tax payments and offers a 5% discount under the new self-assessment scheme.

Read More: https://taxationpk.com/punjab-makes-online-property-tax-payments-mandatory-in-budget/

Finance Committee approves 5% tax on social media income, mandatory IRIS e-filing, exporter tax relief, and algorithmic tax settlement reforms.

Read More: https://taxationpk.com/national-assembly-committee-approves-5-tax-on-social-media-earnings/

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

Read More: https://taxationpk.com/ghee-and-cooking-oil-prices-may-rise-by-rs-15-per-kg-after-new-tax/

BR says 9,000 Pakistanis hold Rs750bn in deposits but pay no income tax.

Read More: https://taxationpk.com/fbr-reveals-9000-pakistanis-hold-rs-750-billion-in-bank-deposits-but-pay-no-income-tax/

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

Read More: https://taxationpk.com/balochistan-presents-rs-1-089-trillion-tax-free-budget/

Punjab Budget 2026 proposes higher agricultural taxes and water cess rates for large landowners and orchards, while abolishing the cotton fee to support Pakistan’s struggling cotton industry.

Read More: https://taxationpk.com/punjab-budget-2026-agricultural-tax-and-water-charges-set-to-increase/

Pakistan is negotiating with the IMF for additional tax relief for the real estate sector after announcing Rs. 115 billion in concessions in Budget 2026-27. Further property tax cuts remain subject to IMF approval.

Read More: https://taxationpk.com/govt-seeks-more-real-estate-tax-relief-as-imf-resists-more-concessions/