Dar’s Budget Update: Digital Tax Stays Local, Solar GST Cut to 10%
Deputy Prime Minister and Foreign Minister, Senator Muhammad Ishaq Dar on Wednesday said that the digital sales tax on services would remain within the jurisdiction of provinces, while the proposed 18% GST tax on solar panels had been reviewed and revised down to 10% following consultations.
GST Hike: Solar Panels, Cars & Online Shopping gone Costlier
GST Hike: Solar Panels, Cars & Online Shopping gone Costlier
Aurangzeb Announces Tax Relief for Salaried Class & Construction Sector
Minister for Finance and Revenue Muhammad Aurangzeb announced major tax relief measures for salaried persons, construction sector, and purchase of immovable property besides introducing tax credit to provide loans to construct low-cost houses.
Tax Relief for Beverage & Tobacco Industry in Budget 2025-26
Tax Relief for Beverage & Tobacco Industry in Budget 2025-26
FBR mulls doubling cash withdrawal tax for non-filers in Budget 2025
The Federal Board of Revenue (FBR) is considering a proposal to double the tax on cash withdrawals from banks for non-filers in the upcoming Budget 2025. The move is part of a broader plan to discourage informal economic activity and bring more people into the tax net.
Govt to Present Federal Budget 2025-26 on June 10
Advisor to the Finance Minister, Khurram Schehzad, has announced that the federal budget for the fiscal year 2025-26 will be presented on June 10, 2025.