PBC Budget Proposals Urge GST Cuts and Relief for Salaried Class
KARACHI: Business leaders, including the Pakistan Business Council (PBC), have unveiled key recommendations ahead of the federal budget, urging the government to incorporate PBC budget…
No Tax On Solar Panel Import, FBR Announced
The Federal Board of Revenue (FBR) Chairman, Rashid Mahmood Langrial, has stated that there are no plans to impose taxes on solar panels import in…
Luxury Cars in Pakistan to Get Pricier After Budget 2025-26
ISLAMABAD: Luxury cars in Pakistan are expected to become more expensive after Budget 2025-26, as the federal government prepares to raise advance taxes on high-end…
Budget to Feature Tax Relief, Bold Reforms: Finance Minister
ISLAMABAD: Finance Minister Muhammad Aurangzeb announced that the upcoming federal budget will introduce simplified tax returns for the salaried class and bold economic measures to…
Rs1.079 Trillion Power Sector Subsidy Likely in FY2025-26 Budget
ISLAMABAD: The federal government is expected to allocate a power sector subsidy of Rs1.079 trillion (Rs1,079 billion) for the fiscal year 2025-26 budget, according to…
Bahria Town’s Icon Tower to Be Auctioned by FBR due to tax Default
ISLAMABAD: The Federal Board of Revenue (FBR) has officially announced the auction of Bahria Icon Tower in Karachi, along with the Mall of Islamabad, to…
Govt Plans 18% Sales Tax on Ex-Tribal Area Goods
ISLAMABAD: The federal government is preparing to introduce a significant fiscal change by imposing an 18% sales tax on goods produced in the former tribal…
Higher Tax Likely on Packaged Food (Milk, Chips) in Budget 2025-26
In an effort to boost fiscal revenue without burdening low-income groups, the federal government is set to impose Federal Excise Duty (FED) and additional sales…
Govt to Slap 18% Sales Tax on Imported Raw Materials in Double Tax Shock
ISLAMABAD: The Federal Board of Revenue (FBR) has confirmed that the government will soon impose an 18% sales tax on imported raw materials for exports,…
Pak Budget 2025-26: New Taxes on YouTubers, Freelancers & Pensioners
As the clock ticks toward the June 2, 2025, budget announcement, Pakistan’s federal government appears poised to introduce a series of sweeping tax reforms in…
IMF Relief Measures for Pakistan Budget 2025 Still Under Review
Amid ongoing negotiations, officials concerned have not yet approved IMF relief measures for Pakistan budget 2025, as discussions with the government continue over proposed tax…
FBR to Block SIMs of 450,000+ Non-Filers ( Shared data with Telecos)
In a major push to expand the tax base, the Federal Board of Revenue (FBR) has initiated a campaign involving SIM blocking for non-filers, sharing…