Business
Ship breakers seek tax reforms to protect Pakistan’s recycling industry
Industry urges higher duties on imported scrap, tighter enforcement against tax evasion, and sales tax
Jun 09, 2026
Jun 09, 2026
Industry urges higher duties on imported scrap, tighter enforcement against tax evasion, and sales tax
Pakistan has committed to tax policy changes and revenue administration reforms under its IMF program to generate revenues equal to 0.3% of GDP in FY2026-27
Pakistan’s provincial tax authorities are expected to raise revenue to PKR 1.947 trillion by June 2027
Pakistan's strategic position could boost trade, investment, foreign reserves and Gwadar's role as a regional energy and logistics hub. KTrade Securities says
Companies in capital, insurance, and NBFC sectors can now apply with a self-declaration
Levy collections rise amid inflation and higher fuel prices, official estimates show
Pakistan has set a 4% GDP growth target for FY2026-27, up from 3.7% this year, driven by gains in agriculture, manufacturing and services
Fitch trims 2026 global growth forecast to 2.4%, citing higher oil prices and geopolitical tensions, while AI-led investment helps cushion impact
Federal and provincial spending plans to be considered ahead of the fiscal year 2026-27 budget announcement
Sharp drop in diesel sales during peak harvest season raises concerns over tax losses, investment risks and job threats across the petroleum sector
Industry urges tax, energy and refund reforms to stay competitive as global supply chains shift
The system will offer lower rates, regional-language forms, and lighter audits for shopkeepers earning up to PKR 20 million a year
Private-sector-backed financing program aims to add 300,000 metric tons of storage capacity, reduce post-harvest losses and improve farmers' access to credit
Proposed tax could raise prices of EVs, hybrids and petrol cars, potentially slowing vehicle sales
The PSX-listed firm will supply hardware and services to modernize communications networks
Investors warn that changes to the policy could hurt exports, jobs, investment and industrial activity
High taxes have cut sales, hurt fruit farmers and fueled growth of unregulated beverage products, Industry says
CoRe Alliance proposes tax holidays, duty exemptions and green financing to strengthen Pakistan's recycling ecosystem
Demand Punjab government to ramp up pest surveillance
The government plans to hold roadshows in China, Qatar, Saudi Arabia and Turkey to brief potential buyers
