ISLAMABAD: An economic policy and business development think tank has presented its proposed shadow budget for the fiscal year 2026-27, recommending wide-ranging tax reforms and measures aimed at reducing the cost of doing business in Pakistan. The shadow budget was issued with the support of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) […]
corporate tax
Pakistan seeks IMF approval for proposed tax relief package
Pakistan’s high taxation policies are increasingly seen as a barrier to investment and economic growth, prompting the government to propose a Rs975 billion tax-relief package under IMF oversight. Officials and business leaders hope that the Fund will allow fiscal flexibility to help the country unlock its productive capacity and stimulate job creation. Read More: Pakistan […]
High corporate taxes seen as hurdle to FDI, SIFC says
ISLAMABAD: Pakistan’s high corporate taxes are discouraging foreign direct investment (FDI), the Special Investment Facilitation Council (SIFC) said on Thursday, while the Federal Board of Revenue (FBR) stressed that any adjustments must be linked to improved compliance to prevent potential revenue losses of Rs1.6 trillion. Read More: Tax revenue from electricity bills drops by Rs110 […]