Enacted · Finance Act 2026

Freelancers & IT — Budget 2025–26 vs 2026–27

Verified changes for IT exporters, freelancers, foreign-card payments and creator revenue in Pakistan.

Reviewed against Finance Act 2026

Enacted 26 June 2026Effective 1 July 2026

Freelancers and IT budget changes overview

0.25%

PSEB + ATL IT export tax

TY 2029

concession extended through

0.5%

foreign-card advance tax

5%

new social-media WHT

What changed for freelancers & IT?

1. PSEB + ATL IT/ITeS exports

Extended
FY 2025–26
0.25% final tax; concession through TY 2026
FY 2026–27
0.25% final tax; extended through TY 2029

2. General ATL IT/ITeS exports

No change
FY 2025–26
1% final tax
FY 2026–27
1% final tax

3. Non-ATL Section 154A rates

No change
FY 2025–26
0.5% PSEB / 2% general
FY 2026–27
0.5% PSEB / 2% general

4. Foreign-card payments

Lower
FY 2025–26
5% advance tax
FY 2026–27
0.5% advance tax

5. Social-media platform receipts

New
FY 2025–26
No dedicated Section 154B
FY 2026–27
5% WHT under new Section 154B

6. Other export proceeds — not Section 154A

Lower
FY 2025–26
2% aggregate collection
FY 2026–27
1.25% aggregate collection

Final-tax treatment under Section 154A depends on meeting the applicable export, banking, registration and filing conditions.

Example: PKR 6,720,000 annual IT export receipts

PSEB + ATL

PKR 16,800 tax

General ATL

PKR 67,200 tax

The current tax amount is unchanged; Finance Act 2026 extends the 0.25% concession window.

Frequently asked questions

Did the 0.25% IT export tax rate change in Budget 2026–27?

No. PSEB-registered exporters on the ATL keep the 0.25% final tax on IT and ITeS export receipts. What changed is the window: Finance Act 2026 extends the concession from Tax Year 2026 through Tax Year 2029.

What rate applies to freelancers who are not PSEB registered?

General ATL IT and ITeS export receipts remain at 1% final tax under Section 154A. Non-ATL rates are also unchanged at 0.5% for PSEB-registered exporters and 2% for general exporters.

How much tax is due on PKR 6,720,000 of export receipts?

A PSEB-registered ATL exporter pays PKR 16,800 at 0.25%, and a general ATL exporter pays PKR 67,200 at 1%. Both amounts are the same as FY 2025–26 because Finance Act 2026 extended the concession rather than changing the rate.

What is the new social-media tax for creators?

Finance Act 2026 introduces Section 154B, which applies a 5% withholding tax to social-media platform receipts. There was no dedicated Section 154B withholding on these receipts in FY 2025–26.

Did tax on foreign-card payments change?

Yes. Advance tax on foreign-card payments falls from 5% to 0.5%, which lowers the upfront cost of receiving or spending through international card transactions.

Does income from Pakistani clients qualify for these rates?

No. Income from Pakistani clients is not Section 154A export income. It is generally treated as business income and should be calculated separately under the non-salaried rules.

Explore budget impact by sector

Compare the enacted FY 2026–27 changes across taxpayers and industries.

Full budget comparison

Freelancers & IT

  • 0.25% PSEB rate extended to Tax Year 2029
  • Export collection: 1.25%
  • Foreign-card WHT: 0.5%
Current page

Business & super tax

  • 0% for most persons up to PKR 500M
  • 8% above PKR 500M
  • Banks, E&P and fertiliser remain at 10%
View comparison

Property

  • Section 7E repealed
  • Sale WHT: 2.75%
  • Purchase WHT: 1.25%
View comparison

Vehicles

  • Imported EV FED: 0% / 30% / 40% by USD value
  • Imported 2000cc+ vehicles: new special duty
  • ICT ≤1000cc: PKR 20,000 lifetime
View comparison

Solar

  • 10% sales tax continues
  • No new Finance Act 2026 increase
View comparison

Defence

  • PKR 3.00T defence services
  • PKR 822B military pensions, separate
  • PKR 925.8B physical assets
View comparison

Official sources