In a major move to promote alternative energy and provide relief to the public, the government of Pakistan has officially reduced the sales tax on solar panels from 18% to 10%. This decision was approved along with several other financial measures in the National Assembly. The aim is to encourage the use of solar energy … Read more
Federal government proposes tax relaxations for solar panels. Tax relaxations are also proposed for importing feed and seed for fish and lobster farming. Ambitious tax revenue target set at Rs. 13 trillion for the fiscal year. During his budget speech in the National Assembly, Finance Minister Muhammad Aurangzeb unveiled significant tax relaxations proposed by the … Read more
The forthcoming budget may introduce a sales tax on solar panels, sparking widespread concern among the public. This move aligns with recent tax hikes on petroleum products as the government endeavors to fulfill the stringent conditions stipulated by the International Monetary Fund (IMF). Charged with the formidable task of generating an additional 2 trillion rupees … Read more
