- Government to impose 18 percent sales tax on goods from former tribal areas in fiscal year 2025-26
- Expected revenue from the new tax to exceed Rs45 billion in FY25-26
- Withdrawal of sales tax exemption could increase revenue further if income tax concessions are also removed
- Federal Board of Revenue working on legal changes in response to court orders and laws
- Finance Act of 2024 extended exemption for ex-FATA/PATA on imports and supply of goods and electricity until June 30, 2025
- Exemption on imports now requires a pay order instead of a post-dated cheque, released upon submission of certificates within six months
Source: profit.pakistantoday.com.pk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
