From July 1, 2025, it will be mandatory for Pakistani citizens to obtain an eligibility certificate from the Federal Board of Revenue (FBR) to purchase vehicles and properties of high value.

This change follows the amendments made in the Finance Bill 2025–26, which was passed by Parliament and will become law once signed by the President. The changes will be implemented immediately after that.

The government has amended Section 114C of the Income Tax Ordinance 2001 to include this new requirement. According to the update, anyone planning to buy vehicles, properties, or other valuable assets over a certain price limit must first get clearance from the FBR.

However, exemptions have been made. “It will not be necessary to obtain an FBR certificate for purchasing a vehicle worth up to Rs7 million, a property worth Rs50 million, and a commercial plot worth up to Rs100 million.”

The Finance Bill also includes other financial measures: the sales tax on imported solar equipment has been reduced from 18% to 10%, while a federal excise duty of Rs. 10 per chick will now apply to the poultry sector.

Earlier this week, the National Assembly approved the 2025–26 federal budget amounting to Rs 17.573 trillion, presented by Finance Minister Muhammad Aurangzeb, which aims to introduce major tax reforms and economic restructuring.