Freelance Services: Annual Foreign Exchange Inflows May Reach $500m in Pakistan

Freelance services: annual foreign exchange inflows may reach $500m in Pakistan

KARACHI: Annual foreign exchange inflows from freelance services are rapidly growing and expected to reach $500...

Budget 2025/26 - Summary of tax collections

Budget 2025/26 - Summary of tax collections

Budget 2025-26: Pakistani freelancers, YouTubers & TikTokers to face new tax burden

The federal government of Pakistan is preparing to introduce sweeping tax reforms in the upcoming FY 2025–26 budget, with a particular focus on the digital economy. Among the most significant measures under consideration are new tax obligations for YouTubers, TikTokers, freelancers, and other digital content creators, as part of an effort to raise up to Rs600 billion in additional revenue. One of the key proposals involves a 3.5% tax on income g…

Reading time 3 minutesSince 2005, the taxable portion of the statutory pension has increased annually. Anyone who receives a pension for the first time in 2025 must permanently invest 83.5 percent of his gross pension in income tax; only 16.5 percent remain as an individual allowance. This amount is calculated once on the basis of the first full annual pension and then fixed unchanged. Growth impulses through subsequent pension increases thus in…

Pakistan Budget 2025-26: New Taxes on YouTubers & Pensioners

As the clock ticks toward the June 2, 2025, budget announcement, Pakistan’s federal government appears poised to introduce a series of sweeping tax reforms in its fiscal year 2025-26 (FY26) plan. The goal: generate an estimated Rs500–600 billion in additional revenue. In a notable shift, the government is likely to broaden its tax net to include digital income streams. Freelancers, vloggers, and YouTubers are expected to come under the taxation …