Islamabad, April 16, 2025 – In a move aimed at providing much-needed relief to the salaried class, the federal government is reportedly considering increasing the salary tax exemption threshold from the current Rs600,000 to Rs800,000 in the upcoming 2025-26 budget.
(more…)Category: Budget
This is parent category of budgets presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
-
P@SHA Recommends Continuation of Final Tax Regime
Karachi, April 16, 2025: The Pakistan Software Houses Association (P@SHA) has urged the federal government to extend the Final Tax Regime (FTR) for the IT and IT-enabled services (ITeS) sector for another 10 years, emphasizing its critical role in maintaining growth momentum, attracting foreign investment, and supporting Pakistan’s digital economy.
(more…) -
FPCCI Outlines Key Proposals for Budget 2025–26
Karachi, April 16, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday presented a comprehensive set of proposals for the upcoming federal budget 2025–26, calling it a decisive opportunity to shape the nation’s economic trajectory.
(more…) -
KCCI Recommends Advance Tax Exemptions on FMCGs
Karachi, April 15, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to exempt fast-moving consumer goods (FMCGs) from advance tax collection under Sections 236G and 236H of the Income Tax Ordinance, 2001.
(more…) -
18% GST Pushing Businesses to Evade, Warns PBC
Karachi, April 14, 2025 – The Pakistan Business Council (PBC) has raised serious concerns over the impact of the current 18% General Sales Tax (GST), stating that such a high rate in a largely undocumented economy creates a powerful incentive for tax evasion.
(more…) -
KCCI Seeks 0% VAT on Commercial Importers in Budget 2025-26
Karachi, April 13, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has strongly urged the federal government to eliminate the Value Added Tax (VAT) for commercial importers in the forthcoming federal budget for the fiscal year 2025-26.
(more…) -
Government Plans Tax Relief Despite IMF-Driven Constraints
Karachi, April 12, 2025 – Special Assistant to Prime Minister (SAPM) for Industries and Production Division, Haroon Akhtar Khan, unveiled an ambitious plan to reduce Pakistan’s corporate tax burden despite the constraints posed by the International Monetary Fund (IMF) program.
(more…) -
KCCI Proposes Allowing Gold Exports with 20% Value Addition
Karachi, April 12, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the federal government to permit gold exports with at least 20% value addition, a move it believes will revitalize the stagnant precious metals sector and significantly boost export revenues.
(more…) -
KCCI Suggests Tax Exemption for Properties up to Rs 10 Million
Karachi, April 11, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has proposed a significant tax reform aimed at revitalizing the real estate sector by suggesting income tax exemption on immovable properties valued up to Rs 10 million.
(more…) -
Salaried Class Demands Tax Burden Ease in Budget 2025-26
Karachi, April 10, 2025 – Pakistan’s salaried class has made an urgent appeal to the federal government to ease the growing tax burden in the upcoming Budget 2025–26, highlighting the financial pressures faced by wage earners amid high inflation and stagnant salaries.
(more…)