Government plans to remove higher withholding tax rates for late filers, bringing them at par with active taxpayers.
(more…)Tag: budget 2026-2027
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Pakistan Budget 2026-27 Proposes LLP Inclusion in AOP Definition
Finance Bill 2026-27 seeks to bring limited liability partnerships under AOP framework and revise taxation of exempt income received by members.
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Is Super Tax Abolished for Exporters for FY 2026-27?
Budget 2026-27 speech suggests relief for exporters, but the proposal is yet to be incorporated into the Finance Bill and awaits final approval through the Finance Act 2026.
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Pakistan Proposes Major Reduction in FED on International Air Tickets for FY 2026-27
The budget 2026-27 aims to lower federal excise duty on premium-class international travel from July 2026.
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Pakistan Proposes Customs Duty Exemption on Bulletproof Vehicle Imports
Budget 2026-27 introduces customs duty relief for bulletproof vehicles imported for SCO Summit and counterterrorism operations.
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Government Proposes Federal Excise Duty on High Value Imported Electric Vehicles
New budget measures target luxury EV imports with up to 40% excise duty to enhance revenue collection and regulate high-value vehicle imports.
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Luxury Cars to Get More Expensive as Government Proposes Special Excise Duty
Federal Budget 2026-27 introduces higher taxes on imported luxury vehicles with engine capacities above 2000cc.
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Pakistan Extends FTR Concession on IT Exports Until 2029 to Boost Digital Growth
Government prolongs 0.25% concessional tax regime, aiming to strengthen IT exports and support freelancers, software houses, and digital economy expansion
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Pakistan Imposes FED on Luxury EVs Above Rs20 Million, Raises Duty on Large Vehicles
Budget 2026–27 introduces new taxes on high-end imports while extending relief for local EV assembly
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Pakistan Unveils Rs18.771 Trillion Budget for FY 2026-27
Government shifts from stabilization to expansion with tax cuts, digital reforms, and investment-driven economic strategy
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