FBR certificate to be required for buying cars and property in Pakistan from July 1

The federal government has decided that from July 1, 2025, people will need to get an eligibility certificate from the Federal Board of Revenue (FBR) before buying plots, vehicles, or other valuable assets.

This new rule is part of the Finance Bill 2025-26, which the Parliament has passed. Once the President signs the bill, it will become law and will be enforced immediately.

According to the amendment made in Section 114C of the Income Tax Ordinance 2001, anyone who wants to purchase a vehicle, property, or other asset above a certain value must get approval from the FBR.

However, this rule will not apply to people buying a vehicle worth up to Rs 7 million, a property worth up to Rs 50 million, or a commercial plot worth up to Rs 100 million.

The government has also made other changes through the new budget. The sales tax on imported solar equipment has been reduced from 18% to 10%, which is expected to support the use of renewable energy in the country. On the other hand, a federal excise duty of Rs 10 per chick has been imposed on the poultry industry.

Earlier this week, the National Assembly approved the federal budget for the year 2025-26. The total size of the budget is Rs 17.573 trillion. Finance Minister Muhammad Aurangzeb presented the budget, which includes many reforms, new taxes, and changes in different sectors.

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