Budget Archives

Govt to Increase Sales Tax on Small Cars

The prices of locally manufactured or assembled cars with an engine capacity of up to 850cc will increase from July… Read More

The federal government is set to approve a record Rs. 4.1 trillion national development budget for fiscal year 2025-26. The… Read More

The budget process enters a crucial phase as the Annual Plan Coordination Committee (APCC) is scheduled to meet tomorrow (June… Read More

The federal government plans to impose another levy on petrol and diesel vehicles in the upcoming budget to establish a… Read More

The International Monetary Fund (IMF) and Pakistan are nearing an agreement to reduce income tax rates for the salaried class… Read More

The Federal Board of Revenue (FBR) has suffered a gigantic shortfall of Rs 1027 billion during first 11 months of… Read More

The government is expected to increase the burden on non-filers in the next fiscal year by doubling the withholding tax… Read More

The federal government is set to increase the Federal Excise Duty (FED) on various imported goods in the upcoming Budget… Read More

The Federal Board of Revenue (FBR) has extended the date of submission of Sales Tax and Federal Excise Return for… Read More

The government is considering imposing a 1.5 percent withholding tax on the value of imports. The proposal targets commercial importers… Read More

Used car prices in Pakistan are expected to see a major drop if proposals in the upcoming federal budget go… Read More

Pakistan and the International Monetary Fund (IMF) are scheduled to hold another round of virtual negotiations today to finalize key… Read More