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All Stories: sales tax

FBR increases sales tax on tractors in Pakistan

The Federal Board of Revenue (FBR) has notified a 4 per cent increase in sales tax on tractors, ARY News reported on Thursday. According to...

Govt hints at withdrawing 10pc sales tax on stationery

ISLAMABAD: The Pakistan government is considering withdrawing its decision to impose 10 per cent sales tax on stationery items, ARY News reported on Friday. Federal...

Sindh Budget 2024-25: Govt proposes hike in sales tax

KARACHI: The Sindh government proposed a two percent increase in the standard rate of Sindh Sales Tax (SST) as Chief Minister Syed Murad Ali...

Budget 2024-25: Laptops in Pakistan to become more expensive

ISLAMABAD: The federal government has doubled the sales tax on PCs and laptops from 5pc to 10pc in the budget 2024-25. The government’s decision to raise...

Budget 2024-25: 18pc sales tax proposed on various items

ISLAMABAD: The federal government proposed abolishing sales tax exemptions and concessions on various items including mobile phones, copper, coal, paper, and plastic scrap, ARY...

Sugar, rice, flour, milk prices likely to ‘increase’ in budget 2024-25

ISLAMABAD: Inflation is likely to increase in the 2024-25 federal budget as the International Monetary Fund (IMF) has 'asked' Pakistan to reduce sales exemptions...

PM Shehbaz ‘rejects’ FBR’s tax proposals for Budget 2024

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Saturday rejected two major tax proposals of the Federal Board of Revenue (FBR) for the upcoming financial...

Medicine prices to skyrocket in Pakistan for This reason

ISLAMABAD: The prices of medicines are expected to rise exponentially in Pakistan after the imposition of an sales tax up to 18 per cent,...

Sales tax on ex-FATA industries declared ‘unconstitutional’

ISLAMABAD: The Supreme Court (SC) has ruled that Ghee and Steel industries of erstwhile Fata/Pata enjoy total amnesty from payment of sales tax until...

Federal cabinet likely to approve 25% sales tax via circulation summary today

ISLAMABAD: The federal cabinet is likely to approve 25% sale tax via circulation summary today, ARY News reported on Friday. As per details, the increase...

Punjab govt approves 50% sales tax subsidy on electric Rikshaws

The Punjab cabinet in their session on Friday approved providing a 50% sales tax subsidy on electric vehicles in the province, ARY News reported.  According...

Traders block M.A. Jinnah Road against Sales Tax in KE bills

KARACHI: Karachi traders have blocked Muhammad Ali (M.A.) Jinnah Road to protest against the collection of Rs6,000 additional Sales Tax from electricity bills, ARY...

K-Electric has no benefits from GST on electricity bills: spox

KARACHI: The K-Electric spokesperson clarified on Thursday that the fixed general sales tax (GST) on the electricity bills for commercial consumers will not benefit...

Drugs shortage on the cards as pharma industry rejects sales tax

ISLAMABAD: The Pharmaceutical industry has refused to accept a one percent sales tax on medicines by the government, raising concerns regarding the shortage of...

Shortage of medicines likely to be ended in 2.5 months: PPMA

The Pakistan Pharmaceutical Manufacturers' Association (PPMA) Chairman Mansoor Dilawar said on Monday that it will take at least 2.5 months to end the shortage...

Sales tax on pharma raw materials to be slashed: Qadir Patel

ISLAMABAD: Minister for Health Abdul Qadir on Monday announced that sales tax on pharma raw materials is being slashed after the reservations, ARY News...

Punjab faces shortage of life-saving drugs after sales tax imposition

LAHORE: Punjab province is facing a shortage of life-saving drugs with pharmaceutical manufacturers blaming sales tax on raw material behind the shortage, ARY NEWS...

PPMA threatens to shutdown factories across country

ISLAMABAD: The Pakistan Pharmaceutical Manufacturers Association (PPMA) has threatened to shutdown factories if the government failed to withdraw a 17 percent tax on the...

Budget 2022-23: Sales tax exempted on solar panels, agriculture machinery

ISLAMABAD: The federal government has decided to exempt the import and local supply chain of solar panels and agriculture machinery from sales tax, ARY...

PM Shehbaz Sharif orders withdrawing taxes on solar energy equipment

KARACHI: Prime Minister Shehbaz Sharif has ordered to withdraw sales tax on solar energy equipment immediately after stressing the need to focus on projects...
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