I. Background

(1) This refers to the related Important TLQC 3505 of 7.5.26 in trail, blue, italic and double Line about Budget Proposal 2026-27 & Pathway to Economic Sovereignty & IMF Exit (2) More refer to other relevant QCs List as given Para III for ready reference

II. Kasbati & Co Recommendations - considering Danger para III 

1.  Your Entity Tax Team Development to take care of future expected 100% Notices increase:  Due to matter in Doubling Enforcement related para III, for Tax, Levies, Corporate Compliance & Savings, we recommend your team members to attend the Courses considering their Education & Experience. These courses can be attended Physically at Karachi; Online from Karachi Lahore, Islamabad, etc and Recorded Lecture are also available. Click here for the Main Tax Flyer. Specific Level as per the following Courses, click Flyers and Tentative Registration Links. Please click on the Link for (a) Comparative Study to decide relevant Level by Mr Asif Kasbati FCA, FCMA, LLB and Courses Director (b) View of High Level Professionals view (c) Participants views 

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3.   Multiplication: Although all the Commentaries are to the extent of the Subscribed IDs only, however, your Goodself is allowed to share this QC to Impart Knowledge to the maximum Employees, Relatives, Groups, etc as soon as possible, as they may get Notice anytime.

III. PM directs FBR to Double Enforcement collection

1. Further to KQU 3899 of 8.5.26, being an important matter, we would inform you about Mr Sohail Sarfraz Article of PM directs FBR to double revenue collection in FY27 (Attachment 3514.1). in ensuing paragraph, with emphasis ours in bold & Underline for quick reading.

2. PM Mr Shehbaz Sharif has directed the FBR to double revenue collection from Rs 389 billion in 2025–26 to Rs 778 billion in 2026–27 through stricter enforcement measures to boost additional revenue.

3. Sources told Business Recorder that FBR Chairman Rashid Langrial chaired a meeting to review new revenue mobilisation measures for the next fiscal year.

4. Mr Shehbaz Sharif has also called for tighter enforcement of tax collection through modern, automated monitoring of the country’s most productive sectors in a bid to curb evasion and significantly increase state revenue, sources stated.

5. The meeting was informed that the FBR has collected Rs389 billion through enforcement measures during the current fiscal year. This figure includes over Rs 50 billion collected from the tobacco sector through ongoing operations against illicit and smuggled cigarettes.

6. Keeping in view the potential to generate additional revenue through recovery measures, the Prime Minister has set an ambitious target of Rs 778 billion under the enforcement measures head for the next fiscal year.

The FBR has recovered Rs 874 billion through enforcement measures during 2024-25. The FBR has achieved the target of Rs 389 billion under the enforcement measures head during 2025-26. In 2024-25, FBR was able to recover Rs 874 billion through strict enforcement measures against Rs 105 billion in 2023-24. This eight-fold increase was driven by specific interventions, structural, and governance changes.

7. According to sources, the meeting also deliberated a range of proposals aimed at boosting revenue. These include desk audit and analysis of income tax return records to check buying and selling of immovable properties, bank account transactions, foreign travel patterns, and domestic sales tax activities declared in the monthly sales tax returns.

8. The FBR Chairman called for a further tightening of tax enforcement and accelerated efforts to broaden the tax base through intensified compliance measures.

9. He emphasised that the government’s strategy of digitising the economy, promoting cashless transactions, and strengthening enforcement while maintaining business momentum has begun to deliver tangible and sustainable results.

10. In addition, participants discussed various options to address issues in the faceless tax system, as well as the auction of non-duty-paid vehicles to generate approximately Rs 50 million.

11. Senior FBR officials also briefed the meeting on ongoing digital initiatives and efforts to revamp human resources to enable a more system-driven audit framework.

12. Sources further said that the FBR chairman has directed the formation of committees to refine these proposals, which are expected to be incorporated into the upcoming federal budget.

III. List of other relevant QCs

TLQC3495 of 30.4.26 about Budget FY 2026–27: Key tax proposals presented to Govt by OICCI

(a) TLQC3469 of 13.4.26 about Budget FY 2026–27: Govt Online meeting with FPCCI, KCCI, LCCI, etc stability measures 

(n) TLQC3455 of 26.3.26 about ICMAP Budget Proposal FY 2026–27

(c) TLQC3412 of 9.1.26 about Budget FA 2026-27 Proposal FBR & SRB via KTBA & KC Recommendation

(d) TLQC3411 of 9.1.26 about Budget Proposals FY 2026-27 to SRB 2026-27 by 6.2.26 

(e) CDQC297 of 23.12.25 about Customs Budget Proposals by 10.2.26 & KC Recommendation

(f) TLQC3011 of 21.1.25 about Budget Proposals 2025-26 for IT, ST, FED & ICT 

IV. Further Details & Services

Should you require any clarification or explanations in respect of the above or otherwise, or require Income Tax, Federal & Provincial Sales Tax or Withholding Tax Statement, Advisory, Return Filing or Review services, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-excellence.com, asif.s.kasbati@professional-excellence.com.

Best regards for Here & Hereafter

Asif S Kasbati (FCA, FCMA & LLB)

Managing Partner

Kasbati & Co (1400+ Tax, Levies, Companies, Economy, Inflation, HR, Banking, Finance, etc

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