sales tax

Just a week ago, Finance Minister Muhammad Aurangzeb presented the 2025-26 budget to the National Assembly. In his proposal, he suggested an increase in sales tax on small vehicles, including cars with engine…

Budget for fiscal year 2025-26 is just around the corner, and consumers planning to buy a car are anxiously waiting to see what it brings—whether there will be any relief or yet another hike in taxes and duties…

If you remember, we told you about a "secret attack" on the locally assembled Hybrid Electric Vehicles (HEVs) when the government announced that it was going to increase the General Sales Tax (GST) on them to…

After the Economic Coordination Committee (ECC) had accepted the proposal to increase the General Sales Tax (GST) from 18% to 25% on all cars above Rs. 40 lacs but with engine sizes lower than 1400cc, the local…

Last week, the federal government finally passed the Finance (Supplementary) Bill 2021, also known as mini-budget. Under the new bill, the Federal Excise Duty (FED) and Sales Tax were revised on locally…

In an aim to curb the current account deficit and to increase the revenue of the country, the Government of Pakistan has increased sales tax on petroleum products. On Tuesday 1st January 2018, the government…

Federal Board of Revenue (FBR) is expected to lose PKR 60 billion in H1 of FY 2018-19 due to government slashing sales tax on petroleum products, reports a local media outlet. In an aim to give relief to…

Supreme Court of Pakistan has ordered the government and all the concerned departments to provide a detailed report on taxes imposed on petroleum products, and to compare the taxes with domestic and global…