Govt Mulls Rs. 600 Billion in New Taxes for FY26
Federal Govt Plans Rs. 600 Billion in New Taxes for FY26 The federal government is preparing to introduce new tax measures worth up to Rs. 600 billion in the 2025–26…
Govt to Impose 3–5% GST on Petroleum Products to Support Refineries and Recover Input Tax
The federal government is set to introduce a 3–5 percent General Sales Tax (GST) on petroleum products in the upcoming fiscal year, aiming to support domestic oil refineries and maintain…
Decline in Local Mobile Phone Manufacturing in July 2024 Amid Tax Changes
Recent data from the Pakistan Telecommunication Authority (PTA) reveals a significant decline in local mobile phone manufacturing in Pakistan for July 2024. The number of mobile phones manufactured and assembled…
“Understanding the Significant Price Decrease of Certain Cars”
Over the past few days, there has been a notable shift in Pakistan’s automotive industry, as several car manufacturers have surprised consumers by announcing significant price reductions on their vehicles….
GST is Impacting Pakistan’s Export Competitiveness: IMF
Pakistan competitiveness in exports is affected by the cascading effect on the effect of General Sales Tax (GST) according to the International Monetary Fund (IMF). The Fund in its most…
