The federal government is set to increase the Federal Excise Duty (FED) on various imported goods in the upcoming Budget 2025-26. Ministry of Finance told that this move comes amidst ongoing negotiations with the International Monetary Fund (IMF), which has not yet agreed to proposals for providing relief to the salaried class or the property … Read more
KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Friday resented the government move to shift the collection of the federal excise duty into the sales tax regime, a statement said. FPCCI acting president Nasir Khan said that the business community of Pakistan is against the unbalanced policies that have been in … Read more
Islamabad district administration breaks tax collection record of all time. According to the details, the district administration in July 2019 collected Rs1.8 billion in tax collection to set a new record. Previously, in 2017 the total tax collection was Rs550,000 million. In year 2018 the tax collection stood at Rs660,900 million. The district administration tax … Read more
