Short headlines on Pakistan tax law, FBR notifications, PSEB updates, and State Bank withholding changes - capped at 60 characters so you can skim the whole feed in under a minute.
PM Shehbaz Sharif has directed FBR field officials to visit Karachi monthly for structured engagements with the business community, aimed at resolving compliance grievances, lifting investment and improving transparency ahead of the 30 September 2026 filing deadline.
Islamabad amended the Import Policy Order to prohibit goods produced with forced or compulsory labour, aligning with ILO conventions. The move pre-empts fresh US tariffs threatened under a Trump-era probe covering 60 economies flagged for weak labour enforcement.
PM Shehbaz Sharif directed SBP and stakeholders to fully digitise worker remittances, up from an already 92% digital share. Mobile banking users have hit 137m and merchant digital transactions are up 300% year on year, easing WHT and documentation compliance.
SECP Commissioner Muzaffar Ahmed Mirza urged the Sialkot Chamber of Commerce to formalise via corporatisation, citing digital services and streamlined compliance. Corporate registration is seen as key to widening Pakistan's documented tax base.
SECP has issued Pakistan's first ESG Mutual Funds Framework, letting AMCs launch environmental, social and governance funds. At least 50% of assets must be ESG-aligned, with mandatory disclosure and independent assurance rules to curb greenwashing.
PACRA lifted Bank of Punjab's long-term entity rating from AA+ to AAA, making it the first provincial bank to reach Pakistan's top credit tier. The upgrade reflects PKR 2tn+ deposits and near-doubled operating profit of PKR 40.7bn.
Punjab CM Maryam Nawaz tabled a PKR 5.9tn FY27 provincial budget framed as 'people-friendly', with a 7% salary hike for govt employees and stepped-up health and education outlays. The framework lands four days after the federal Budget 2026-27 speech.
Punjab's FY27 finance bill triples annual token tax on loader vehicles and caps sales-tax input claims at 12 monthly instalments, tightening provincial GST enforcement. The provincial measures complement federal FA 2026 broadening efforts.
Punjab's FY27 budget proposes raising the provincial sales tax on restaurant bills settled via card or digital wallet, narrowing the rate gap with cash and tightening the documentation incentive. The shift reverses an earlier digital-payment discount.
Punjab earmarked PKR 91.9bn for agriculture in its FY27 budget, funding farm mechanisation, livestock and water-course development. The allocation runs alongside continued provincial subsidies on inputs and procurement.
Sindh CM Murad Ali Shah tabled a PKR 3.56tn FY27 provincial budget with no new tax measures, a 7% pay rise and a 7% pension hike for provincial employees. The minimum wage in Sindh rises to PKR 43,000 a month.
Sindh's FY27 budget raises the provincial minimum wage to PKR 43,000 a month from PKR 40,000, the highest of any province. The hike applies to private-sector workers from 1 July 2026 and is not offset by new provincial tax measures.