5 d. ago Commercial Property Rent in Punjab to increase after New 16pc Taxes

KARACHI – Renting commercial space in Punjab just got more expensive as government implemented a 16% sales tax on the

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7 d. ago Karachi breaks tax records with Rs3.256 trillion haul in FY25

Karachi has broken all previous records in tax collection during fiscal year 2024-25, emerging as the country’s top revenue contributor. Despite a tough economy, the city posted a 29% rise in federal tax collections and a 29.5% increase in provincial sales tax on services, collected by the Sindh Revenue Board (SRB). This surge reaffirms Karachi’s […]

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9 d. ago New solar panel prices in Pakistan after 10% tax from July 2025

ISLAMABAD – Proposals made by the federal government in budget for next fiscal year 2025-26, including imposition of 10 percent

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2 w. ago Government rejects opposition’s proposal to retain tax exemption in FATA, PATA

The government has rejected the opposition’s request to stop a 10% sales tax in FATA and PATA. Officials said the tax exemption in these regions will be removed slowly, not all at once. This decision has created division within PTI and sparked political tension. During a detailed meeting, a PTI team led by former National […]

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2 w. ago FBR extends sales tax system integration deadline for corporate and non

The Federal Board of Revenue (FBR) has extended the deadline for electronic integration of its sales tax system. Corporate registered persons now have until July 1, 2025, to complete the integration. Non-corporate registered persons have been given extra time until August 1, 2025. This extension was announced in a notification issued to field formations on […]

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2 w. ago Middle east tensions may push solar panel prices higher in Pakistan

Pakistan may face a sharp rise in solar panel prices due to the ongoing Middle East crisis, warn local importers. The conflict between Iran and Israel has disrupted shipping routes and caused freight costs to surge. Experts say if tensions continue, solar imports could become significantly costlier, putting pressure on consumers already burdened by high […]

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2 w. ago Malakand Division traders announce strike over new sales tax in federal budget

SWAT: Traders in Malakand Division have declared a complete shutter-down strike across all nine districts of the region on Wednesday, June 25, in protest against the imposition of a 10-percent sales tax in the federal budget for 2025-26. This decision was made during a large jirga (tribal council) of traders held in Mingora city, Swat […]

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2 w. ago PM Shehbaz: Digital payments must be easier and cheaper than cash

Prime Minister Shehbaz Sharif on Monday urged authorities to make digital transactions simpler and cheaper than cash to speed up Pakistan’s shift toward a cashless economy. Chairing a meeting on the matter, he emphasized that developed countries prefer digital systems due to their efficiency and transparency. He stressed that Pakistan must follow this global trend […]

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2 w. ago Federal government cuts sales tax on solar panels from 18% to 10%, finance minister announces

The federal government has decided to reduce the sales tax on imported solar panel parts from 18% to 10%, said Finance Minister Mohammad Aurangzeb during a Senate session. He explained that the earlier 18% tax was introduced to support local solar industry growth and create a fair competitive environment. After extensive consultations and suggestions from […]

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2 w. ago Cheaper used cars in Pakistan soon as govt cuts import Duty from Sep 25

ISLAMABAD – Good news for auto lovers as Pakistan has made changes related to the ban on older vehicle imports,

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2 w. ago Dairy Association urges GST reduction to restore nutrition access and industry stability

The Pakistan Dairy Association (PDA) has called on the federal government to urgently revise its taxation policy on milk, warning that the current 18% General Sales Tax (GST) on packaged dairy products is undermining both public nutrition and the formal dairy economy. Speaking at a media briefing in Lahore, PDA Chairman Usman Zaheer, CEO Dr. […]

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2 w. ago Government accepts four major PPP demands, clears path for federal budget approval

The government has accepted four key demands from its coalition partner, the Pakistan Peoples Party (PPP), paving the way for smooth approval of the federal budget in the National Assembly. These demands include a reduction in GST on solar panels and full restoration of funds for Sindh’s universities. During the budget debate on Wednesday, Deputy […]

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3 w. ago Good News for Alto Buyers as Govt drops Sales Tax surge on Small Cars

ISLAMABAD – Some relief for small car owners as the government plans no tax hike on Alto and other 850cc

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3 w. ago Govt reduces solar GST to 10%, keeps digital tax with provinces: Dar

In a major budget announcement, Deputy Prime Minister and Foreign Minister Ishaq Dar said the government has revised key tax decisions after consulting coalition partners. Speaking in the National Assembly, he confirmed that the digital sales tax on services will remain under provincial control, as per the Constitution. This decision follows broad consultations, including talks […]

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3 w. ago Govt retains lower tax on hybrid cars, raises it for small vehicles

The federal government has withdrawn its plan to raise the sales tax on hybrid cars up to 1800cc. It will keep the current 12.5% rate instead of increasing it to 18%, as originally suggested in the finance bill. Officials say this change could cost the government about Rs7 billion in revenue. This is the second […]

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3 w. ago Solar panels get cheaper in Pakistan after cut from 18pc sales tax to 10pc

ISLAMABAD – The solar panels have gotten cheaper in Pakistan after cut of 18 percent in sales tax to 10

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3 w. ago Solar Panels to get cheaper in Pakistan after end of 18% Sales Tax

KARACHI – Relief for Pakistani households and businesses turning to solar energy amid soaring electricity rates, as Senate Standing Committee

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3 w. ago Rains, thunderstorms, hail expected across Pakistan until 16th

The Pakistan Meteorological Department (PMD) on Saturday forecast a spell of thunderstorms, strong winds, hailstorms, and heavy rainfall from today until June 16 across various parts of the country. The Met Office issued a weather alert, warning that intense rain and hail could damage weak infrastructure, electric poles, trees, vehicles, and solar panels in affected […]

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3 w. ago PPP not to support federal budget if demands are not met: CM Sindh

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has threatened that PPP will not support the federal budget if their demands, including withdrawal of proposed 18 percent tax on solar panels, are not fulfilled by the Centre. Addressing his post-budget press conference in Karachi on Saturday, CM Murad Ali Shah said “Sindh is not a […]

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3 w. 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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