Budget 2026-27: Government Targets Rs650 Billion Revenue Boost Through New Tax Measures

The federal government is aiming to generate an additional Rs650 billion in tax revenue under Budget 2026-27 as part of its broader strategy to strengthen public finances and bridge the gap between current collections and future expenditure requirements. According to budget documents, the Federal Board of Revenue (FBR) has set an ambitious tax collection target…

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PTBA Flags Gaps in FBR Digital Tax System, Calls for Urgent Reforms

The Pakistan Tax Bar Association has raised serious concerns over weaknesses in the digital tax system managed by the Federal Board of Revenue, urging immediate reforms to improve efficiency, governance, and taxpayer facilitation. In a formal representation submitted to FBR Chairman Rashid Mahmood Langrial, the association highlighted critical gaps in system design, legal alignment, and…

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