FBR updates, income tax, budgets and markets for Pakistan
Budget News & Updates in Pakistan Stay updated with the latest federal budget news, announcements, and financial developments in Pakistan. This category covers annual budget highlights, tax proposals, economic measures, government spending plans, revenue targets, and policy changes announced in the Finance Bill. Readers can find detailed budget analysis, FBR-related changes, tax amendments, sector-wise impacts, and expert insights on how the national budget affects individuals, businesses, and the overall economy. Our goal is to provide clear and timely coverage of Pakistan’s budget and financial planning updates.
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The Finance Bill for the 2026‑27 budget proposes a reduction in income tax rates for salaried individuals. Most salaried taxpayers above Rs. 2.2 million in annual taxable income will enjoy a reduction…
The Federal Budget 2026–27 has proposed a major increase in the late tax return filing penalties (ATL surcharge) imposed on taxpayers (individuals, AOPs and Companies) who file their income tax returns after…
Islamabad, June 12, 2026: The Federal Government is scheduled to present the Pakistan Budget 2026-27 in the National Assembly today. Finance Minister Muhammad Aurangzeb will present the federal budget proposals for the…
Budget 2025 Update: FBR Broadens Definition of Online Marketplace: In the recent federal budget 2025-26, the Federal Board of Revenue (FBR) has redefined "Online Market Place" for the purpose of regularizing and…
Profit Rates on Behbood Saving Certificates 2024. Central Directorate of National Savings has recently revised the profit rates on different National Savings investment schemes. As per the the notification issued by the…
New Salary Chart Budget 2023-24 | Revised Pay Scale for All. Here we will provide a new salary chart and revised Pay Scale chart of Salary for all Govt Employees which has…
30pc Increase in Salaries of Govt Employees Expected. Today budget 2023-2024 for the next financial year is expected to be announced by Finance Minister Ishaq Dar. It is likely that the Federal…
Mini Budget to Present before Parliament Today. In compliance with IMF conditions, the government of Pakistan decided to present a supplementary finance bill as a mini-budget before the parliament (today) on February…
What is the Latest Tax to-GDP Ratio of Pakistan? Tax-to-GDP ratio currently is at 9.2 percent according to the Federal Board of Revenue (FBR) report on 2021-22 performance. According to the report,…
Tax Year 2023 started in July 2022. Now, the first quarter of the tax year 2023 has ended as of September 2022. FBR recently released stats of what it has achieved in…
No More Income Tax on Educational Fees Under Section 236I Previously FBR charged Advance Income Tax @5% on educational / Tuition fees of students. Chargeable to students whose parents or guardians were…
Latest Pay Scale Chart 2022-23 | Notification of Salary Increase 2022. Government of Pakistan Finance Division (Regulation Wing) issued Notification regarding revised basic Pay Scales 2022-23 and Allowances on 01-07-2022. Further, Federal…
Pension Increase Notification 2022 Federal Budget 2022-23. Recently, Government of Pakistan, Finance Division 2022, issued an Office Memorandum dated: July 1st 2022. Notification issued regarding Increase in Pension in Federal Budget 2022-23.…
Revised Pay Scales 2022-23 and Budget 2022-23 Pakistan Salary Increase. Government of Pakistan Finance Division (Regulation Wing) issued Notification regarding revised basic Pay Scales 2022-23 and Allowances on 01-07-2022. Further, Federal Government…
The National Assembly on Wednesday approved Finance Bill 2022 with a majority vote. Budget prepared in accordance with the demands of the International Monetary Fund (IMF). Further, NA Speaker Raja Pervaiz Ashraf…
Here on Friday, PM Shehbaz Sharif announced to impose a 10% super tax on 13 large scale industries. While addressing the nation, the PM said that the government has taken these “tough…
Finance Minister Miftah Ismail to present budget for fiscal year 2022-23 today (Friday). The measures to be announced by the federal government in the budget being presented today would be important for…
The Ministry of Finance circulated a summary among the federal cabinet members on Monday for their approval of the such tax amnesty scheme through the Income Tax Amendment Ordinance 2022. Under the…
Presentation was given by the leading hospitals to the Federal Board of Revenue (FBR) Chairman disclosed that the omission of entry number 52-A from the Sixth Schedule of the Sales Tax Act,…
To explain the term digital means, amendments have been made to Income Tax Ordinance 2001. A Clause 17B of Section 2 has been inserted to the Ordinance through Finance (Supplementary) Act, 2022.…