Budget Archives - Page 44 of 152

KCCI Proposes Allowing Gold Exports with 20% Value Addition

April 12, 2025April 12, 2025Shahnawaz Akhter

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.

KCCI Suggests Tax Exemption for Properties up to Rs 10 Million

April 11, 2025April 11, 2025Shahnawaz Akhter

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.

Salaried Class Demands Tax Burden Ease in Budget 2025-26

April 10, 2025April 10, 2025Shahnawaz Akhter

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.

KCCI Calls for Tax Reforms to Revive Real Estate Sector

April 10, 2025April 10, 2025Shahnawaz Akhter

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.

Speakers Push for Green Growth Amid Economic Pressures

April 9, 2025April 9, 2025Faisal Shahnawaz

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.

Karachi Chamber Urges Fair Approach to FBR Account Freezing

April 9, 2025April 9, 2025Shahnawaz Akhter

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.

KCCI Proposes Using Electricity Data to Broaden Tax Base

April 9, 2025April 9, 2025Shahnawaz Akhter

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.

Ministry Proposes 20% Regulatory Duty on LED Products

April 8, 2025April 8, 2025Mrs. Anjum Shahnawaz

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.

Finance Ministry Schedules Presentation of Budget 2025-26

April 6, 2025April 6, 2025Mrs. Anjum Shahnawaz

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.

Telecom Industry Seeks Tax Incentives in Budget 2025-26

March 27, 2025March 27, 2025Hamza Shahnawaz

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.

Category: Budget