Salaried Class Earning up to 3lac Monthly likely to get Tax Relief
Budget may bring income tax relief for salaried individuals earning Rs200,000 to Rs300,000 per month.
Govt Considering Duty Cuts on Beauty Products and Gym Equipment
The govt is considering reducing customs duties on beauty products, skincare materials, salon supplies, and gym equipment by up to 5%.
K-P Budget 2026-27 to Focus on Youth Relief, No New Taxes
KP plans a relief-focused Budget with no new taxes, Rs50 billion youth loan schemes, over Rs215 billion for development projects.
PM Shehbaz Orders Launch of AI-Powered Tax System in Islamabad
Prime Minister Shehbaz Sharif has directed the FBR to launch a pilot AI-driven tax system in Islamabad.
ICAP Urges Utility Tax Reforms, New Tax Regime to Attract Foreign Investment
ICAP has called for reforms in utility-based tax collection and proposed a 10-year tax incentives to attract foreign investment.
Govt Plans to Raise GST on Stationery Items to 18% in Budget
The federal government is expected to increase GST on stationery items from 10% to 18% under the Finance Bill 2026-27.
FBR Plans Simplified Tax Scheme for Small Traders in Budget
FBR plans to introduce a simplified tax scheme for small traders and shopkeepers with annual turnover up to Rs. 20 million.
EV Tax Incentives at Risk as Budget 2026-27 May Raise Sales Tax to 18%
Pakistan may increase sales tax on electric vehicles from 1% to 18% in Budget 2026-27, raising EV prices.
Budget 2026-27 Likely to Be Presented on June 10 or 12
Pakistan may present the Budget 2026-27 on June 10 or 12 as negotiations with the IMF continue over tax targets, spending plans, and fiscal reforms.
Govt Considers Major Property Tax Cuts in Budget 2026-27
The federal government is considering substantial tax relief for Pakistan’s real estate sector in the upcoming Budget 2026-27, with proposals […]