pakistan
IMF ‘pushes’ Pakistan for Rs500bln in additional taxes ahead of budget 2026-27
Key takeaways
- From 1 July 2026, only digitally issued invoices will be considered valid, officials said.
- The Pakistan government is also expected to widen the distinction between tax filers and non-filers in the upcoming fiscal year.
- Officials said banking data would be used more effectively to identify non-compliant individuals and under-taxed sectors, while the FBR is also expected to review online banking records to improve tax collection.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to generate an additional Rs500 billion through new taxes, as negotiations have entered the final round over the federal budget for the next fiscal year, ARY News reported on Monday, citing sources.
Sources said the Federal Board of Revenue (FBR) plans to fully implement a digital invoicing system during the 2026–27 fiscal year, with authorities estimating the mechanism could generate around Rs100 billion in additional revenue.
From 1 July 2026, only digitally issued invoices will be considered valid, officials said.
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