Tax administration

FBR Reforms & Tax Collection

Follow Pakistan's FBR reforms, tax-collection targets, faceless assessment, filing deadlines and the staffing changes shaping the tax system.

The reporting trail

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Finance Minister Muhammad Aurangzeb in a suit and tie, speaking at a podium.Pakistan / Business & Finance

Aurangzeb says FBR reforms, cashless drive to widen tax net

Finance Minister Muhammad Aurangzeb said the government is speeding up FBR reforms, promoting a cashless economy and using technology to widen the tax base.

Image published with the Geo News report on the National Assembly's approval of the FY2026-27 budget.Pakistan / Business & Finance

National Assembly passes Rs18.77tr budget for FY2026-27

The National Assembly approved the Finance Bill 2026-27 after rejecting opposition amendments, clearing a Rs18,771 billion budget with new tax and duty rules.

A collection of social media platform application icons.Pakistan / Business & Finance

Senate panel backs 5pc withholding tax on social media earnings

A Senate finance committee approved a five per cent withholding tax on social media income, exempting creators earning up to Rs600,000 a year under the Finance Bill 2026.

Shops and stalls along the Qissa Khwani Bazaar in Peshawar, Pakistan.Pakistan / Business & Finance

Pakistan launches fixed 1% tax scheme for small shopkeepers

The government unveiled the Fixed Tax Asaan Scheme for traders with turnover up to Rs200 million, offering a flat 1% tax, simplified filing and exemptions from audits.

Pakistani rupee banknotes.Pakistan / Business & Finance

Pakistan set to let wide range of tax exemptions lapse in July 2026

The government is preparing to end a broad set of tax exemptions on 30 June 2026, bringing former tribal areas, electric vehicles and some industries into the standard tax net.

The Parliament House building in Islamabad, Pakistan.Pakistan / Business & Finance

Pakistan weighs tax relief for salaried workers and firms despite IMF pressure

Pakistan is considering tax relief for salaried workers earning Rs150,000–200,000 a month and for businesses in the budget due on 5 June 2026, officials say.

A commemorative 75-rupee banknote issued by the State Bank of Pakistan in 2023Pakistan / Business & Finance

FBR misses revised 10-month tax target by Rs683 billion

The Federal Board of Revenue collected Rs10,263 billion against a revised July–April target of Rs10,946 billion, with April alone falling Rs73 billion short.

The State Bank of Pakistan building photographed on a sunny dayPakistan / Business & Finance

SBP holds policy rate at 10.5pc, cites improving growth and 7.4pc core inflation

SBP held the policy rate at 10.5pc on 26 January 2026, citing 5.6pc headline inflation, 7.4pc core, 3.7pc Q1 GDP growth and $16.1bn FX reserves.

Cargo trucks and containers lined up at the Torkham border crossing between Pakistan and Afghanistan.Pakistan / Politics & Governance

Torkham Customs seize 21,000 rounds of arms in smuggling attempt

Pakistan Customs at Torkham said it seized more than 21,000 rounds of SMG and rifle cartridges from a vehicle on 13 January 2026 and lodged an FIR.

A fan of US dollar banknotes resting on a surface, with $100 and smaller denominations visiblePakistan / Business & Finance

Pakistan forex reserves rise to $16bn, highest since FY21

The State Bank reported reserves of $16.055bn for the week ending 2 January 2026, the highest level since FY21, on rising remittances and heavy central-bank dollar buying.