Harmonize the definition of Start-ups
Reform IDF370
DescriptionA unified definition of startups has been proposed under the leadership of the State Bank of Pakistan (SBP) to align conflicting definitions across SECP, FBR, and other regulators to ensure consistency in tax treatment, compliance requirements, and access to finance.
DepartmentFederal Board of Revenue - FBR-IRS;Securities and Exchange Commission of Pakistan (SECP);Small and Medium Enterprises Development Authority (SMEDA);State Bank of Pakistan - SBP
Jurisdiction / LocationFederal - Entire Pakistan
SectorAll Sectors
Start Date18-08-2025
Target Deadline19-11-2025
Date Enacted
Implementation StatusIn Progress
Progress 30%
CCORR Direction
Cost Savings PKR (Mil.)
Evidence