The FBR provisionally collected Rs13.01 trillion in taxes during the fiscal year that ended on June 30, 2026

Interior Minister Mohsin Naqvi says adoption of modern technology would not only enhance efficiency but also provide better and faster services to citizens

The budget heavily prioritizes debt servicing and defense while introducing significant structural changes to tax slabs, relief for the salaried class, and new levies on luxury imports and crypto trading.  

Official sources say major tax relief under consideration in upcoming annual budget

Sources say proposals under consideration also include the possible removal of the additional surcharge or penalties imposed on high-income earners  

CAP says temporary relief has helped restore commercial activity, consumer convenience and business confidence after nearly five weeks of restrictive operating hours that disrupted the broader economic ecosystem linked to retail activity

Federal Board of Revenue (FBR) is increasingly using the energy sector as a key avenue for tax collection, resulting in the addition of several taxes and duties in electricity bills

The new rules retain several key principles of the earlier conduct framework, including restrictions on political activity, misuse of authority, unauthorised disclosure of official information and nepotism

Finance Minister appreciated the comprehensive proposals submitted by the LCCI and acknowledged the Chamber’s constructive role in highlighting the challenges being faced by the business community

PM Shehbaz takes decision in a meeting held to review impact of rising petroleum prices and implementation of austerity measures in light of ongoing crisis in Middle East