Pakistan, May 23 -- Islamabad - The Pakistan government is preparing to bring major changes in the upcoming federal budget for 2025-26, including new taxes targeting freelancers, YouTubers, and pensioners. A research report by Topline Securities suggests the government is aiming to collect an additional Rs500-600 billion in taxes to meet IMF targets.
To achieve a projected revenue collection of Rs14.1-14.3 trillion, the Federal Board of Revenue (FBR) must grow its collection by 16-18%. While 12% is expected from natural economic growth and inflation, the remaining 4-5% will come from new tax measures. The budget will be presented on June 2, 2025.
Social media earners may face a 3.5% tax on their income from platforms like YouTube and Ti...
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