Pakistan is seeking major tax relief as high taxes continue to hurt investment and slow economic growth. Officials argue that strict IMF rules restrict policy changes and block recovery. They say growth cannot return unless tax pressure eases. Business leaders also warn that excessive taxes punish compliant sectors while large areas stay untaxed. This growing […]
major tax relief
FBR slashes taxes to speed up 500k ton sugar import
The Federal Board of Revenue (FBR) has introduced a major tax relief on the import of 500,000 metric tons of white crystalline sugar, aiming to bring down market prices. As part of the decision, customs duty has been fully exempted, while sales tax has been reduced from 18% to only 0.25%. The withholding tax on […]
Pakistan’s budget 2025: Big tax cuts for property buyers
The government has announced major tax relief for the real estate sector in the 2025-26 budget. The new measures aim to reduce costs for property buyers and encourage investment in housing. Finance Minister Muhammad Aurangzeb presented these proposals during his budget speech. The government hopes these changes will boost economic activity and make homeownership more […]