{"id":105723,"date":"2026-06-05T10:24:04","date_gmt":"2026-06-05T05:24:04","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=105723"},"modified":"2026-06-05T10:24:10","modified_gmt":"2026-06-05T05:24:10","slug":"govt-reviews-proposals-for-tax-relief","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html","title":{"rendered":"Govt reviews proposals for tax relief, broader revenue reforms"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Islamabad: The government is considering proposals to provide relief to salaried individuals while also expanding the tax base by bringing retail and wholesale sectors into the formal tax net as part of the upcoming budget process for FY2026-27, according to the State Minister for Finance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The remarks were made during a meeting with representatives of the Overseas Chamber of Commerce and Industry (OICCI), where budget proposals from foreign investors and business stakeholders were reviewed. The minister said that input from chambers of commerce and industry is being actively incorporated into ongoing budget consultations.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/major-tax-relief-expected-for-real-estate-sector.html\" target=\"_blank\" rel=\"noreferrer noopener\">Budget 2026-27: Major tax relief expected for real estate sector<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He added that the government is examining options to simplify the tax structure with the aim of supporting economic activity and maintaining an investment-friendly fiscal environment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During the meeting, the chamber stressed the need for a broader and more equitable taxation system. It recommended that sectors such as agriculture, retail and wholesale trade, real estate, and services should contribute more fairly to national revenue collection.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among its key proposals, OICCI suggested reducing the corporate tax rate to 28% in FY2026-27, followed by a phased reduction to 25% over the next three years. It also recommended the gradual removal of the super tax within the same timeframe.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The chamber noted that when corporate tax is combined with the super tax, Workers Welfare Fund, and Workers Profit Participation Fund, the effective tax rate rises to around 46%, which it said is affecting business competitiveness.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Concerns were also raised over high taxation in the banking sector, with the chamber warning that elevated tax rates could restrict lending capacity and increase the overall cost of capital for businesses.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-reviews-higher-foreign-remittance-threshold.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt reviews higher foreign remittance threshold under tax law<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For salaried individuals, OICCI recommended abolishing the 10% surcharge on higher-income earners and capping the maximum personal income tax rate at 25%, as part of broader efforts to provide relief and improve tax fairness.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Officials said the proposals are under consideration as part of wider fiscal policy discussions ahead of the federal budget.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government is considering proposals to provide relief to salaried individuals while also expanding the tax base by bringing retail and wholesale sectors into the formal tax net as part of the upcoming budget process for FY2026-27, according to the State Minister for Finance. The remarks were made during a meeting with representatives of the Overseas Chamber of Commerce and Industry (OICCI), where budget proposals from foreign investors and business stakeholders were reviewed. The minister said that input from chambers of commerce and industry is being actively incorporated into ongoing budget consultations. Read: Budget 2026-27: Major tax relief expected for real estate sector He added that the government is examining options to simplify the tax structure with the aim of supporting economic activity and maintaining an investment-friendly fiscal environment. During the meeting, the chamber stressed the need for a broader and more equitable taxation system. It recommended that sectors such as agriculture, retail and wholesale trade, real estate, and services should contribute more fairly to national revenue collection. Among its key proposals, OICCI suggested reducing the corporate tax rate to 28% in FY2026-27, followed by a phased reduction to 25% over the next three years. It also recommended the&hellip;<\/p>\n","protected":false},"author":18,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[73744,72898,72540,73741,73739,72535,73734,73740,60172,65250,62777,61423,73742,54748,73738,73737,73733,73735,34475,72468,70094,65112,73746,72534,62106,73743,65122,65687,73736,73745,72538,58186],"persona":[],"class_list":["post-105723","post","type-post","status-publish","format-standard","has-post-thumbnail","category-legal-taxation","tag-banking-sector-tax-pakistan","tag-budget-2026-27","tag-budget-proposals-pakistan","tag-business-taxation-pakistan","tag-chamber-of-commerce-pakistan","tag-corporate-tax-pakistan","tag-corporate-tax-reduction","tag-economic-policy-2026","tag-economic-reforms-pakistan","tag-federal-budget-pakistan","tag-finance-ministry-pakistan","tag-fiscal-policy-pakistan","tag-government-of-pakistan-finance","tag-income-tax-pakistan","tag-investment-climate-pakistan","tag-oicci-pakistan","tag-overseas-investors-pakistan","tag-pakistan-business-environment","tag-pakistan-economy","tag-retail-taxation-pakistan","tag-revenue-collection-pakistan","tag-salaried-class-relief","tag-salary-tax-relief","tag-super-tax-pakistan","tag-tax-base-expansion","tag-tax-consultations-pakistan","tag-tax-policy-pakistan","tag-tax-reform-pakistan","tag-tax-structure-pakistan","tag-wholesale-sector-tax-pakistan","tag-workers-profit-participation-fund","tag-workers-welfare-fund","cat-15015-id"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt reviews proposals for tax relief - Zameen News<\/title>\n<meta name=\"description\" content=\"During the meeting, the chamber stressed the need for a broader and more equitable taxation system. It recommended that sectors...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt reviews proposals for tax relief - Zameen News\" \/>\n<meta property=\"og:description\" content=\"During the meeting, the chamber stressed the need for a broader and more equitable taxation system. It recommended that sectors...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-05T05:24:04+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-05T05:24:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Samra Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Samra Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Govt reviews proposals for tax relief - Zameen News","description":"During the meeting, the chamber stressed the need for a broader and more equitable taxation system. It recommended that sectors...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html","og_locale":"en_US","og_type":"article","og_title":"Govt reviews proposals for tax relief - Zameen News","og_description":"During the meeting, the chamber stressed the need for a broader and more equitable taxation system. It recommended that sectors...","og_url":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2026-06-05T05:24:04+00:00","article_modified_time":"2026-06-05T05:24:10+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png","type":"image\/png"}],"author":"Samra Zulfiqar","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Samra Zulfiqar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html"},"author":{"name":"Samra Zulfiqar","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/a3a8cc23079c627774ff19f42da24f1d"},"headline":"Govt reviews proposals for tax relief, broader revenue reforms","datePublished":"2026-06-05T05:24:04+00:00","dateModified":"2026-06-05T05:24:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html"},"wordCount":347,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png","keywords":["Banking Sector Tax Pakistan","budget 2026-27","budget proposals Pakistan","Business Taxation Pakistan","Chamber of Commerce Pakistan","corporate tax Pakistan","Corporate Tax Reduction","Economic Policy 2026","Economic Reforms Pakistan","federal budget Pakistan","Finance Ministry Pakistan","fiscal policy Pakistan","Government of Pakistan Finance","Income tax pakistan","Investment Climate Pakistan","OICCI Pakistan","Overseas Investors Pakistan","Pakistan Business Environment","Pakistan economy","retail taxation Pakistan","revenue collection Pakistan","salaried class relief","Salary Tax Relief","super tax Pakistan","Tax Base Expansion","Tax Consultations Pakistan","tax policy Pakistan","Tax Reform Pakistan","Tax Structure Pakistan","Wholesale Sector Tax Pakistan","Workers Profit Participation Fund","Workers Welfare Fund"],"articleSection":["Legal &amp; Taxation"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html","url":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html","name":"Govt reviews proposals for tax relief - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png","datePublished":"2026-06-05T05:24:04+00:00","dateModified":"2026-06-05T05:24:10+00:00","description":"During the meeting, the chamber stressed the need for a broader and more equitable taxation system. It recommended that sectors...","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/govt-reviews-proposals-for-tax-relief.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Govt reviews proposals for tax relief, broader revenue reforms"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/a3a8cc23079c627774ff19f42da24f1d","name":"Samra Zulfiqar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/03\/Samra-96x96.jpg","caption":"Samra Zulfiqar"},"description":"Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market\u2019s most promising opportunities.","url":"https:\/\/www.zameen.com\/news\/author\/samra"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/105723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=105723"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/105723\/revisions"}],"predecessor-version":[{"id":105724,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/105723\/revisions\/105724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/64102"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=105723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=105723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=105723"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=105723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}