ISLAMABAD — In a major development expected to dramatically shake up the domestic auto market, the Ministry of Commerce has briefed the parliamentary finance panel on a comprehensive plan to rationalize import duties across multiple vehicle engine capacities. Under the newly tabled framework, total cumulative duties and taxes on standard 1800cc cars will plummet from […]
ISLAMABAD / KARACHI — Providing massive long-term certainty to the country’s booming digital ecosystem, the final draft tracking of the FY2026-27 budget confirms that the concessional 0.25% final tax rate on IT export earnings is officially secured until June 2029. The decision comes right as data reveals Pakistan’s IT and telecom exports surged by 20%
ISLAMABAD — In a major move to assist entry-level and mid-range smartphone users, the National Assembly Standing Committee on Finance, chaired by MNA Syed Naveed Qamar, has directed the Federal Board of Revenue (FBR) and the Pakistan Telecommunication Authority (PTA) to jointly design an installment-based tax payment plan. Lawmakers voiced strong concerns over the booming
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