Under the International Monetary Fund (IMF) agreement, Pakistan will raise additional revenue of 1.4% of its economy size or more…
BUDGET
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.
Through the Finance Act, 2020, the Government of the Punjab reduced the rate of Punjab Sales Tax on Services from…
The Federal Board of Revenue (FBR) called for income tax proposals for the 2021/2022 budget and asked stakeholders to submit…
FBR allowed to taxpayers to file settlement application for agreed assessment. The Federal Board of Revenue has issued a statement…
Retailers registered with the Federal Board of Revenue (FBR) have begun obtaining details of computerized national identity cards (CNICs) from…
Disallowance of Commission Amendment made through Finance Act 2019, to disallow any expenditure incurred on account of commission in respect…
FBR issued circular no. 03 of 2020, dated 3rd September, 2020. Whereby, FBR allowed adjustability of property expenses against income…
Federal Board of Revenue FBR increased the limit of turnover for withholding agents. Taxpayers having turnover above Rs 100 million…
Finance Act 2020 | FBR Budget Salient Features | Tax Year 2021 | Industrial Relief Measures Exemption of additional custom…
