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…)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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KCCI Calls for Tax Reforms to Revive Real Estate Sector
Karachi, April 10, 2025 — The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to simplify taxation policies for Pakistan’s real estate sector, aiming to restore investor confidence and stimulate economic activity ahead of the federal budget for 2025-26.
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Speakers Push for Green Growth Amid Economic Pressures
Islamabad, April 9, 2025 — In a high-level dialogue on Wednesday, stakeholders from Pakistan’s public and private sectors, civil society, and international partners stressed that adopting a green growth strategy is no longer optional—it is a critical path for survival and economic competitiveness in an era of climate uncertainty and rising global carbon taxes.
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Karachi Chamber Urges Fair Approach to FBR Account Freezing
Karachi, April 9, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has raised concerns regarding the Federal Board of Revenue (FBR) practices related to the freezing of bank accounts for the recovery of unpaid taxes.
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KCCI Proposes Using Electricity Data to Broaden Tax Base
Karachi, April 9, 2025 – The Karachi Chamber of Commerce and Industry (KCCI) has urged the government to adopt a data-driven strategy for tax broadening by utilizing electricity consumption records to identify potential taxpayers.
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Ministry Proposes 20% Regulatory Duty on LED Products
Islamabad, April 8, 2025 – The Ministry of Industries and Production has proposed imposing a 20% Regulatory Duty on LED lighting products as part of the federal budget proposals for the fiscal year 2025–26. The aim of this move is to encourage local manufacturing and reduce reliance on imported LED items.
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Finance Ministry Schedules Presentation of Budget 2025-26
Islamabad, April 6, 2025 – The Ministry of Finance has officially announced the schedule for the presentation of Pakistan’s budget for the fiscal year 2025-26.
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Telecom Industry Seeks Tax Incentives in Budget 2025-26
Islamabad, March 27, 2025 – The telecom sector in Pakistan is calling for significant tax reforms and policy relief in the upcoming federal budget for the fiscal year 2025-26.
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FPCCI Proposes Abolishing Withholding Tax on Sales to Retailers
Karachi, March 2, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed the removal of withholding tax on sales to retailers, arguing that the measure will facilitate business growth and ease the tax burden on traders.
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Fixed Tax for Traders Suggested After Scheme Failure
Karachi, February 28, 2025 – The business community has strongly advocated for a fixed tax regime for traders following the failure of the Tajir Dost Scheme (TDS) to yield the desired results.
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