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Tag: sales tax

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...

FBR collects Rs26.5bn sales tax from sugar sector

ISLAMABAD: The Federal  Board of Revenue (FBR) has collected a record Rs26.5 billion sales tax from the sugar sector after imposition of effective imposition...

Suzuki car buyers to get tax relief

ISLAMABAD: Sales tax on Suzuki made cars has been reduced by five per cent, ARY News reported on Tuesday. According to the Federal Tax Ombudsman...

FBR notifies sales tax on petroleum products

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday fixed 4.77pc sales tax on petrol, notification has been issued, ARY News reported.  According to the notification,...

New Auto Policy 2021-26: All you need to know

ISLAMABAD: The federal government has prepared Auto Industry Development and Export Policy (AIDEP) 2021-26 with objectives of ensuring better quality, safety features in cars...

FBR ends sales tax on fruit import from Afghanistan

ISLAMABAD: The Federal Board of Revenue (FBR) has abolished sales tax on the import of fresh fruits from Afghanistan as a goodwill gesture from...

FBR jacks up sales tax on CNG by up to Rs60/kg

ISLAMABAD: The federal revenue board of Pakistan has on Monday hiked the sales tax on CNG which means the Region 2 areas shall pay...

Details of sales tax, petroleum levy charged on fuel products released

ISLAMABAD: Finance Ministry has released details of sales tax and petroleum levy charged on fuel products including petrol, diesel, and kerosene oil in the...

FBR lifts sales tax on import of fresh fruits from Afghanistan

ISLAMABAD: The Federal Board of Revenue (FBR) has lifted sales tax on the import of fresh fruits from Afghanistan, ARY News reported on Saturday. According...

FBR notifies sales tax to be charged on petroleum products

ISLAMABAD: Federal Board of Revenue (FBR) has notified sales tax to be charged on petroleum products in the country with 10.54 percent tax to...
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