The Sindh government has announced major tax reforms in its FY2025-26 budget to support businesses and boost revenue. It plans to reduce the sales tax on services from 10% to 8%, cutting it by 2%. This reduction aims to simplify the tax system and reduce the financial pressure on both businesses and consumers. In a […]
Major Tax Reforms
Budget 2025–26: Govt to roll out Rs17.6 trillion plan with major tax reforms
ISLAMABAD – The federal government will present a massive Rs17,600 billion budget for the fiscal year 2025–26 in the National Assembly today. The session will begin at 5 PM under the chairmanship of Speaker Ayaz Sadiq. Earlier, Prime Minister Shehbaz Sharif will lead a federal cabinet meeting at 4 PM to approve the budget draft. […]