ISLAMABAD: Sindh Energy Minister Syed Nasir Hussain Shah Nasir Shah on Wednesday rejected the proposal to impose taxes on solar panel in the federal budget 2025-26. Speaking during ARY News programme ‘Off The Record’, the Sindh energy minister said that the imposition of tax on solar panel will adversely affect the poor. The government has […]
Pakistan’s Finance Minister Muhammad Aurangzeb announced Federal Budget 2025-26 on Tuesday, June 10, 2025. Here is a brief summary of all his major announcements. Economic Performance & Reforms GDP Growth: Expected at 4.2% for FY2025-26. Inflation: Reduced to 4.7% (from 29.2% two years ago), targeted at 7.5% for FY2025-26. Fiscal Discipline: Primary surplus at 2.4% of GDP, budget deficit at 3.9% of GDP. Remittances: Increased […]
The Pakistan Budget 2025-26 is scheduled to impose severe tax reforms targeting non-filers and tax evaders, sources told ARY News on Monday. As part of the new improvements, the Federal Board of Revenue (FBR) is suggesting a tenfold increase in fines, through Point of Sale (POS) systems, for tax fraud, increasing penalties to PKR 5 […]