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Taxation

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Budget praised even by critics, says Tarar

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Federal Minister Atta Tarar says the budget is praised even by critics, with benefits for salaried individuals, industry, and exporters.
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Lavish lifestyle prompts FBR audit warning

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FBR warns audits for traders with lavish lifestyles. 7 million not paying correct taxes.
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FBR intensifies crackdown on tax fraud

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FBR intensifies crackdown on tax fraud, proposing heavy fines and penalties for non-integration with digital tax systems in Finance Bill 2026.
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Hefty fines proposed for non-digital businesses

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The 2026-27 budget proposes fines for businesses not integrating digitally with FBR, with penalties up to 5 million rupees for repeated violations.
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Govt plans 6.779 tn rupees borrowing in 2026-27

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Govt plans to borrow over 6.779 tn rupees in 2026-27, with 8.054 tn rupees set for interest payments. Additional loans and external grants are also part of the plan.
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Government plans tax relief for salaried class

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Government plans income tax relief for salaried class, proposes new slabs and reductions. Awaiting IMF approval today.
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Provinces agree to cover federal fiscal deficit

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Provinces agree to cover federal fiscal deficit, offering up to 1,700 billion rupees. Punjab pledges over 500 billion rupees. Budget delay due to elections, leadership unavailability.

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