Karachi, February 24, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has put forward a proposal urging the government to eliminate the advance tax levied on the first purchase of property.
(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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PBC Urges Limiting Car Purchases to Curb Benami Transactions
Karachi, February 24, 2025 – The Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to introduce restrictions on the number of vehicles an individual can purchase in order to curb benami transactions.
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FPCCI Recommends Significant Reduction in Customs Duties
Karachi, February 24, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has strongly advocated for a substantial reduction in customs duties in the upcoming budget 2025-26.
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PBC Urges Phasing Out of Minimum Turnover Tax
Karachi, February 20, 2025 – The Pakistan Business Council (PBC) has urged the Federal Board of Revenue (FBR) to gradually eliminate the minimum turnover tax in the federal budget for the fiscal year 2025-26.
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High Salary Tax Rates Fuel Brain Drain: PBC
Karachi, February 18, 2025 – The Pakistan Business Council (PBC) has raised concerns over the high tax rates on salaried individuals, warning that these excessive rates are driving skilled professionals to seek opportunities abroad, resulting in a significant brain drain.
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PBC Recommends Wealth Reconciliation Mandatory for All
Karachi, February 17, 2025 – The Pakistan Business Council (PBC) has put forward a significant proposal to the Federal Board of Revenue (FBR), recommending that wealth reconciliation be made mandatory for all tax return filers.
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PBC Proposes 1% Corporate Tax Reduction for Listed Companies
Karachi, February 17, 2025 – The Pakistan Business Council (PBC) has proposed a 1% reduction in the corporate tax rate for listed companies with a minimum float of 25% in a given year.
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Pre-Budget 2025-26: Aurangzeb hints at single-digit interest rate
Islamabad, February 3, 2025 – In a promising development for Pakistan’s economy, Federal Finance Minister Muhammad Aurangzeb has suggested that the country’s policy interest rate could be reduced to a single-digit figure in the near future.
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PBC Recommends Establishment of National Tax Authority
Islamabad: The Pakistan Business Council (PBC) has put forth comprehensive policy recommendations for the upcoming budget 2025-26, emphasizing the need for a fully authorized National Tax Authority (NTA).
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PTBA Focuses Digitalization in Tax Proposals for Budget 2025-26
Karachi, January 28, 2025 – The Pakistan Tax Bar Association (PTBA) has presented its comprehensive tax proposals for the federal budget 2025-26, emphasizing the need for digitalization across all stages of economic activity.
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