Budget 2025-26 tax measures
Govt Sets Rs75,000 Limit on Cash Withdrawals by Non-Filers
ISLAMABAD: The federal government has increased the cash withdrawal limit from Rs50,000 to Rs75,000 for applying the withholding tax on cash withdrawals by non-filers, aiming…
Cashless Economy Vision Threatened By New Budget
Islamabad, June 11, 2025: Pakistan’s federal budget was unveiled yesterday, imposing new taxes on digital transactions and e-commerce. It sparked concern among industry leaders, investors,…
Strict Penalties Proposed for NTN and CNIC Misuse in Budget
In a bid to curb tax evasion, the federal government has proposed strict penalties for those misusing National Tax Numbers (NTNs) and Computerized National Identity…
Warning!! Budget May Increase Taxes on Food, Books, and Daily Essentials
With a record tax revenue target for FY26, the federal government is proposing tax hikes on essential items like food, books, and stationery in the…
Fertilisers and Pesticides to Remain Tax-Free in Budget 2025-26
In a move to support farmers grappling with high input costs, the federal government has decided to retain the tax exemption on fertilisers and pesticides…
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…
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…