The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has proposed tax relief measures for salaried individuals in its budget recommendations for fiscal year 2026-27, urging the government to reduce the income tax burden on fixed-income earners. Read More: Govt to leverage expertise for development: Haroon Akhtar According to the proposals submitted to the […]
Tax relief
Leather industry pushes tax cuts for export competitiveness boost
Pakistan leather sector has urged the government to reduce taxes, simplify compliance procedures and introduce duty relief on raw materials in the upcoming FY2026–27 budget to strengthen export performance and improve global competitiveness. Industry representatives made these demands during a meeting with Commerce Minister Jam Kamal Khan in Islamabad. During discussions, stakeholders highlighted that Pakistan’s […]
Pakistan seeks IMF approval for proposed tax relief package
Pakistan’s high taxation policies are increasingly seen as a barrier to investment and economic growth, prompting the government to propose a Rs975 billion tax-relief package under IMF oversight. Officials and business leaders hope that the Fund will allow fiscal flexibility to help the country unlock its productive capacity and stimulate job creation. Read More: Pakistan […]
Pakistan Pushes for Tax Relief to Boost Growth
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 […]
Asad Qaiser demands tax relief for FATA until stability returns
Senior PTI leader Asad Qaiser has demanded that the government stop imposing taxes on the former FATA region until peace is restored. Speaking to media at the Parliament House, he said the area has not yet seen development or stability, so citizens should not be burdened with taxes. Qaiser argued that there is no justification […]
IMF rejection halts Pakistan’s $6 billion refinery upgrade plans
Pakistan’s plans to upgrade its oil refineries hit a roadblock after the IMF rejected key government proposals linked to tax relief. The proposals were designed to support $6 billion in investment aimed at producing cleaner, Euro-V standard fuels. This decision has stalled the upgrade projects, according to officials from the Petroleum Division. The government had […]
Jamaat-e-islami demands tax exemption for salaries up to Rs. 125,000 in upcoming budget
Jamaat-e-Islami chief Hafiz Naeemur Rehman has called on the government to provide tax relief for salaried individuals earning up to Rs. 125,000 per month in the upcoming budget. Speaking at a press conference in Karachi, he expressed deep concern over the increasing tax burden on the middle class, saying it is pushing salaried workers into […]
Govt to end tax relief for tribal areas in next budget, aims to raise Rs45 billion
The federal government plans to end the sales tax exemption for former tribal areas in the upcoming 2025-26 budget. This move could help the government raise over Rs45 billion in revenue. The decision will also impact electricity supplies to the ex-FATA and PATA regions, ending years of tax relief provided after their merger with Khyber […]
IMF ties tax relief for salaried class to reduced public expenditure
As negotiations between Pakistan and the International Monetary Fund (IMF) near conclusion, the global lender has conditioned any meaningful tax relief for salaried individuals, property owners, beverage producers, and exporters on substantial reductions in government expenditure. The IMF team, which is wrapping up its visit to Islamabad on Friday, has made it clear that increased […]
IMF urges Pakistan to cut provincial spending, improve tax collection
Pakistan is in ongoing talks with the International Monetary Fund (IMF) to finalize the budget framework for the next fiscal year. According to government sources, no strict conditions have been agreed upon yet. However, Pakistan has shared all required economic data with the IMF and is answering follow-up questions related to budget targets and economic […]