3 d. ago Sindh’s budget boost: Sales tax cut to 8%, new rules to help businesses thrive

The Sindh government has announced major tax reforms in its FY2025-26 budget to support businesses and boost revenue. It plans to reduce the sales tax on services from 10% to 8%, cutting it by 2%. This reduction aims to simplify the tax system and reduce the financial pressure on both businesses and consumers. In a […]

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5 d. ago FBR targets tobacco sector after sugar success to boost tax collections

Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial announced a major crackdown on tax evasion in the tobacco sector following a successful enforcement drive in the sugar industry. The FBR increased sugar sector tax collections by 39 percent without raising tax rates. Now, it plans similar strict measures for tobacco, retail, and other key […]

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7 d. ago Budget 2025 imposes 18% tax on imported solar panels to boost local industry

The federal government presented the Budget 2025-26 in the National Assembly today. Finance Minister Muhammad Aurangzeb unveiled a key proposal aimed at reforming the country’s sales tax system. One of the major changes includes imposing a new tax on solar panel imports. The finance minister announced an 18% sales tax on imported solar panels. This […]

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3 w. ago FBR ‘requests’ IMF to slash tax collection target for FY2025

Imftax1715055678-0 (convert.io)Prime Minister Shehbaz Sharif is making efforts to convince the International Monetary Fund (IMF) to allow a reduction in the Federal Board of Revenue’s (FBR) tax target for FY2025-26, sources said on Wednesday. According to details, the premier has proposed a Rs250 billion cut in FBR’s tax collection target for the next budget. Efforts […]

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3 w. ago PM pushes for IMF approval to lower FBR tax target by Rs250 billion for FY26

Prime Minister Shehbaz Sharif has asked the International Monetary Fund (IMF) to allow a cut in next year’s tax target. The government wants to reduce the Federal Board of Revenue’s (FBR) target by Rs250 billion for fiscal year 2025–26. The proposed target is Rs14,057 billion, instead of the earlier Rs14,307 billion. Officials say this change […]

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4 w. ago What will be New Petrol Price in Pakistan after Budget 2025 as Govt plan raising Levy to Rs100?

ISLAMABAD – Pakistanis brace for additional taxes in upcoming budget as the government is planning stern measures to boost tax

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