Pakistan's 2025 Budget: Crackdown on Tax Evaders

Pakistan Unveils Stricter Tax Measures in 2025-2026 Budget Pakistan's 2025-2026 budget, presented today, introduces significant changes aimed at curbing tax evasion. The government plans to increase scrutiny of tax filers and non-filers alike. One key measure involves doubling the tax on bank withdrawals exceeding 50,000 rupees. "This measure is designed to deter those who attempt to avoid their tax obligations," stated a government official. Furthermore, travel restrictions will be imposed on non-filers. The budget also includes provisions for increased spending in key sectors, although details remain scarce at this time. The government hopes these measures will boost revenue and improve the country's financial stability. The budget's impact on ordinary citizens remains to be seen, but the government has pledged to mitigate any potential negative consequences.