TaxQuick read

Tax net: time for enforcement

The Express Tribune • • 1 min read

Tax net: time for enforcement

The Express Tribune’s November 8 editorial argues that Pakistan needs stronger tax enforcement to fund public priorities, rather than relying on subsidies and concessional credit. It says relief for registered taxpayers should go alongside efforts to bring undeclared income into the tax system, with safeguards against arbitrary treatment.

The editorial cites the government’s November 3 briefing to a parliamentary committee, where officials said uptake of the Asaan Tax Scheme had been disappointing and enforcement was planned. It reports that FBR has information on about 3.7 million retailers, including identity and utility data for 1.4 million, and notes that net tax receipts reached approximately Rs13 trillion in FY2025-26 against a revised target.

It also highlights the IMF’s call to address under-taxation in agriculture, property and provincial services, and says revenue mobilisation of at least 15% of GDP is needed to support public services. The writer proposes evidence-based audits, easier digital compliance and public reporting of collections, while protecting small farmers and businesses below applicable thresholds.

At a glance

  • FBR has information on about 3.7 million retailers, including identity and utility data for 1.4 million.
  • Net tax receipts were approximately Rs13 trillion in FY2025-26 against a revised target.
  • The IMF representative called for revenue mobilisation of at least 15% of GDP.

Originally reported by The Express Tribune

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings