Govt seeks National Assembly approval for Rs345 billion in unapproved spending
Additional spending largely funded by reallocating resources from other budget areas, raising concerns over financial control
FBR grants Inland Revenue officers powers to arrest company executives for tax fraud
Under the new rules, an IR officer conducting an investigation may arrest directors, CEOs, chief financial officers, and individuals suspected of abetting tax fraud
OGRA slaps over Rs400 million penalty on 20 OMCs for stock shortfalls, local uplift failures
OGRA fines 20 oil firms over Rs400 million for failing stock cover and refinery uplift mandates, warns of stricter action for non-compliance
Industry warns of export risk if methyl bromide fumigation is reduced
Experts warn against curtailing methyl bromide use as lapses in fumigation threaten Pakistan’s agricultural exports and violate global quarantine standards
Remittances surge to $3.68bn in May, pushing FY25 inflows to nearly $35bn
Worker remittances up 29% in 11 months; May sees 16% monthly jump amid strong inflows from Gulf, UK, and US
PSX hits record high as budget spurs bullish sentiment
KSE-100 surges over 2,300 points amid investor relief over stable tax regime; market rallies on budget optimism
Finance Minister defends budget measures amid journalists’ protest over lack of technical briefing
FBR's failure to hold traditional Finance Bill session draws protest as public concern over salaries and online shopping taxes dominates; Information Minister Tarar apologises, pledges redress
Pakistan’s debt servicing to consume 46.7% of federal budget in FY2025-26
Debt servicing allocation hits Rs8.2 trillion, with domestic debt alone costing Rs7.2 trillion, straining resources for essential services; public debt now represents 66.27% of GDP
New tax on online shoppers for purchases from local, international e-commerce platforms
Tiered tax structure will apply on local e-commerce platforms: 1% for transactions up to Rs10,000, 2% for transactions under Rs25,000, and 0.25% for amounts exceeding Rs25,000
Govt sets record petroleum levy target at Rs1.47 trillion for FY2025-26
Petroleum levy target raised by 26%, depriving provinces of revenue despite global oil price reductions
FBR officials to gain expanded authority similar to SHO powers
Taxmen will now have the authority to inspect chartered accountancy and audit firms preparing income tax returns, close unregistered bank accounts, and access the offices of tax advisers and firms where discrepancies in returns are suspected
PSX maintains bullish momentum as KSE-100 index climbs 383 points to close above 122,000
Trading volume dips but investor confidence remains strong; Sapphire Fibres leads gainers while PIA Holding sees sharpest decline
Budget 2025-26: Sales tax on small cars raised, new levy introduced on fossil fuel vehicles
Budget 2025–26 introduces uniform car tax, ICE vehicle levy, and tougher enforcement to green Pakistan’s roads and broaden the tax base.
Budget 2025-26: Pakistan eyes over $20.4bn in external financing
Rs 5.77 trillion expected to be covered by international loans
Major tax relief for corporate sector, property buyers proposed
Budget 2025–26 offers tax relief, lowers property transaction costs, and introduces homeownership incentives to spur investment and revive the real estate sector.