The Punjab government has proposed wide-ranging fiscal reforms in its Finance Bill 2026-27, aiming to increase provincial revenue, expand the tax base and improve documentation across multiple sectors. The proposed measures include higher taxes on vehicles, revisions to service taxes, changes in property taxation and new incentives designed to support electric vehicles, businesses and agriculture. […]
agricultural tax
Pakistan’s agricultural tax surpasses India, Bangladesh, Sri Lanka, worrying experts
Pakistan’s new agricultural income tax, implemented under International Monetary Fund (IMF) conditions, is drawing concerns from experts. The tax ranges from 15% to 45%, with an additional 10% super tax on high-income landowners. This makes Pakistan’s agricultural tax among the highest in the region, surpassing rates in India, Bangladesh, and Sri Lanka. The Institute of […]