KARACHI, June 20, 2025 – In a significant step toward modernization and standardization of tax regulations, the Sindh government has unveiled comprehensive changes to the nomenclature for sales tax on services under the Sindh Finance Bill, 2025.
(more…)Category: Budget
This is parent category of budgets presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
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Banks should be treated as normal companies for taxation: FBR
Islamabad, June 20, 2025 – The Federal Board of Revenue (FBR) has taken a firm stance on overhauling the taxation framework for banks, recommending that the banking sector be treated like any other company for taxation purposes.
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Senators disapprove carbon levy proposed in Finance Bill 2025
Islamabad, June 20, 2025 – A storm is brewing in Pakistan’s Parliament as lawmakers in the Senate have strongly opposed the proposed carbon levy included in the Finance Bill 2025-26.
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FPCCI explodes over taxmen’s shocking powers in FY26 budget
KARACHI, June 19, 2025 – In a scathing rebuke, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has rejected what it calls “draconian” powers granted to tax authorities under the Federal Budget 2025-26.
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Salaried class blasts Budget 2025-26: ‘Relief is a cruel joke’
KARACHI, June 19, 2025 – A firestorm of criticism erupted from Pakistan’s salaried class on Thursday after the federal government unveiled what many are calling a “mockery of relief” in the Budget 2025-26.
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Senate panel debates eligibility rules for financial transactions
Islamabad, June 19, 2025 – The Senate Standing Committee on Finance has initiated a critical discussion over the controversial Finance Bill 2025-26, particularly the newly proposed restrictions on financial transactions by so-called “eligible persons.”
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Government revises solar panel tax to 10% after consultations
Islamabad, June 18, 2025 – In a significant move aimed at balancing fiscal needs with clean energy goals, the government has revised the proposed General Sales Tax (GST) on solar panels from 18% to 10%.
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Sindh expands sales tax net to new services in FY26
Karachi, June 18, 2025 – The Sindh government has widened the scope of sales tax by bringing several new services under the tax net for the fiscal year 2025-26.
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FBR mulls 10% sales tax on solar panels for 2025-26
Islamabad, June 18, 2025 – The Federal Board of Revenue (FBR) is now considering the imposition of a 10% sales tax on imported solar panels in the upcoming fiscal year 2025-26.
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KTBA slams IMF grip on Pakistan in post budget 2025-26 analysis
Karachi, June 17, 2025 – In a hard-hitting critique of prolonged economic dependency of Pakistan, President of the Karachi Tax Bar Association (KTBA), Ali A. Rahim, issued a powerful warning regarding the country’s dangerous over-reliance on the International Monetary Fund (IMF).
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