tax News
Living Abroad, Taxable in Pakistan?
Living and working outside Pakistan does not necessarily bring an individual’s Pakistan tax obligations to an end. Residential status is certainly important, but it is only the first question. The source of income, filing requirements, remittances, investments, wealth disclosures and transfers to family members must also be considered.
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Govt issues first batch of green plates under Asaan Tax Scheme for traders
The government has issued the first batch of 50 green-coloured plates under the Asaan Tax Scheme, which marks a practical milestone for the initiative aimed at bringing small traders and shopkeepers into the tax net.
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Turning tax data into taxpayers
For decades, Pakistan’s narrow tax base was commonly attributed to the state’s inability to see large parts of the economy. Business transactions were conducted predominantly in cash, ownership records remained fragmented and government institutions rarely exchanged information.
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Finance Bill deploys algorithms to chase tax cheats
Pakistan's parliament has cleared a sweeping Finance Bill for fiscal year 2026-27 that hands the Federal Board of Revenue sweeping new tools to identify and penalise tax evaders, from algorithm-driven audit settlements to covert, faceless tax officers whose identities must by law remain hidden from the companies they investigate
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IMF flags Pakistan's narrow tax base, structural gaps
The International Monetary Fund has flagged Pakistan's persistently narrow tax base, undertaxed agriculture sector, and deteriorating GST efficiency as central risks to the country's fiscal programme, even as Pakistan pushes ahead with sweeping reforms under the Extended Fund Facility all against the backdrop of a significant supply shock, the Middle East war, and heightened global uncertainty.
Go to article| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 170,765.22 212.46M | 0.16% 266.28 |
| ALLSHR | 103,241.06 481.66M | 0.13% 137.96 |
| KSE30 | 50,813.89 65.25M | 0.15% 74.20 |
| KMI30 | 244,391.30 71.96M | 0.08% 186.13 |
| KMIALLSHR | 66,928.26 309.74M | 0.08% 55.24 |
| BKTi | 47,274.31 12.11M | 0.30% 141.41 |
| OGTi | 35,009.43 4.22M | 0.13% 46.86 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 84,900.00 | 84,900.00 84,120.00 | 480.00 0.57% |
| BRENT CRUDE | 104.38 | 106.59 103.11 | -2.22 -2.08% |
| RICHARDS BAY COAL MONTHLY | 123.00 | 0.00 0.00 | -0.55 -0.45% |
| ROTTERDAM COAL MONTHLY | 136.55 | 137.10 133.60 | 0.65 0.48% |
| USD RBD PALM OLEIN | 1,167.50 | 1,167.50 1,167.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 92.44 | 94.75 91.51 | -2.17 -2.29% |
| SUGAR #11 WORLD | 18.54 | 18.75 18.43 | -0.07 -0.38% |
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