Minister for National Food Security & Research, Rana Tanveer Hussain on Tuesday said that Pakistan needed smart taxation in order to promote nutrition, innovation and rural economy. The minister was addressing a high-level consultation organized by the Sustainable Development Policy Institute (SDPI), where key stakeholders from government, academia, industry, and development partners gathered to deliberate […]
taxation
IMF sets 11 new conditions for Pakistan economic reforms
The International Monetary Fund (IMF) has imposed 11 new conditions on Pakistan as part of its ongoing economic reform programme, including further increases in petroleum, gas and electricity prices, according to official reports. The new requirements also include structural reforms aimed at improving fiscal discipline, strengthening tax collection, and enhancing transparency in key government institutions. […]
Karachi Chamber of Commerce and Industry opposes aggressive recovery of super tax
The Karachi Chamber of Commerce and Industry (KCCI) has voiced strong concern over the government’s move to aggressively recover super tax following the Federal Constitutional Court’s recent decision upholding the levy’s legality, warning that abrupt demands could severely disrupt business activity. Read More: KCCI, LCCI join hands to push for economic revival In a statement […]
High business costs erode Pakistan regional competitiveness
The costs of doing business in Pakistan is around 34 per cent higher than in comparable regional economies, creating a serious competitiveness challenge for local industry, the Pakistan Business Forum (PBF) said on Thursday. Read More: Pakistan’s weak tax system costs Rs3.4tr: IMF In a statement, the forum warned that elevated operating costs had significantly weakened the ability […]
Experts: federal revenue myths distort Pakistan’s fiscal debate
As Pakistan convenes its 11th National Finance Commission (NFC), experts warn that misleading narratives about revenue sharing are skewing public debate and distracting from structural fiscal challenges. Critics often argue that the federal government is cash-strapped because 57.5% of federal revenues are allocated to provinces. Read More: FBR misses tax targets, revises FY2026 goals Analysis […]
Aurangzeb admits firms leaving Pakistan over taxes and energy costs
Finance Minister Muhammad Aurangzeb on Wednesday acknowledged that several multinational companies (MNCs) have exited Pakistan in recent years due to high taxes and energy costs, but urged firms to modernise their business models rather than rely on decades-old practices. Read More: Finmin urges FBR to intensify enforcement, expand tax net Speaking at the Pakistan Policy Dialogue […]
Auto industry divided over REEV classification in Pakistan
A dispute has emerged within Pakistan’s auto industry amid reports that certain market players are lobbying to have Range-Extended Electric Vehicles (REEVs) classified as pure electric vehicles, a move that industry insiders warn could undermine policy objectives and result in significant revenue losses. Read More: Punjab official vehicles to go electric Sources say a Chinese assembler, along with […]
Industry calls for urgent steps to restore business confidence
The Pakistan Business Forum (PBF) on Monday urged Prime Minister Shehbaz Sharif to intervene urgently to revive business confidence and restore Pakistan’s economic competitiveness, warning that 2025 has been another extremely challenging year for industry and trade. Read More: Business confidence rises but major economic fears persist In a letter addressed to the prime minister, PBF […]
Business confidence rises but major economic fears persist
KARACHI: Pakistan’s business sentiment has improved sharply, yet key economic concerns continue to weigh on investors, according to the Business Confidence Survey Wave 28 released by the Overseas Investors Chamber of Commerce and Industry (OICCI). Read More: Businesses‘ confidence rises to a four-year high, Gallup Survey Despite the upbeat indicators, respondents flagged taxation, inflation, rupee […]
Govt unveils first National Industrial Policy
ISLAMABAD: The government has presented Pakistan’s first-ever National Industrial Policy (NIP) to the federal cabinet for approval, detailing key constraints to industrial growth and proposing reforms aimed at revitalising the country’s manufacturing sector. However, the Ministry of Finance has asked the Ministry of Industries and Production to first obtain the International Monetary Fund’s (IMF) clearance […]