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.
(more…)Tag: budget proposals
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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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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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P@SHA Seeks Decade-Long Expansion of Final Tax Regime
The Pakistan Software Houses Association (P@SHA) has called on the government to reinstate a 10-year tax exemption under the Final Tax Regime (FTR) for IT and IT-enabled services (ITeS) exports.
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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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FPCCI Submits Key Sales Tax Proposals for Budget 2025-26
Karachi, February 26, 2025 – The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has formally presented key sales tax proposals for the upcoming Budget 2025-26.
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FPCCI Proposes Advance Tax Removal on First Property Purchase
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.
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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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