ISLAMABAD: The federal government of Pakistan has finalised key proposals for the upcoming Budget 2025-26, introducing new tax measures to broaden the tax base and removing several exemptions.<\/p>\n
According to sources, the government is considering taxing agricultural income, freelancing and digital platforms – sectors that have largely remained outside the formal tax net. The move is part of a broader strategy to formalise the economy and curb tax evasion.<\/p>\n
New taxes on agriculture, online freelancing, and digital earnings<\/p>\n<\/li>\n
Abolishment of Federal Excise Duty on property transactions<\/p>\n<\/li>\n
Reduced taxes on beverages and cigarettes<\/p>\n<\/li>\n
Increased Capital Gains Tax (CGT) on shares and property<\/p>\n<\/li>\n
End of tax exemptions for the former FATA region, with a proposed 12% tax<\/p>\n<\/li>\n
Potential taxation on fertilisers, pesticides, and bakery products, as urged by the IMF<\/p>\n<\/li>\n<\/ul>\n
While the tax net is being expanded, some relief is being proposed for salaried individuals:<\/p>\n
10% income tax relief for salaried workers<\/p>\n<\/li>\n
Pension increase of 5% to 7.5%<\/p>\n<\/li>\n
30% special allowance for government employees in grades 1 to 16<\/p>\n<\/li>\n
Proposal to merge ad-hoc relief allowances into the basic salary<\/p>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD: The federal government of Pakistan has finalised key proposals for the upcoming Budget 2025-26, introducing new tax measures to broaden the tax base and removing several exemptions. According to sources, the government is considering taxing agricultural income, freelancing and digital platforms – sectors that have largely remained outside the formal tax net. The move […]<\/p>\n","protected":false},"author":8,"featured_media":76895,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[29359],"class_list":["post-76898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-budget-2025"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/76898","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=76898"}],"version-history":[{"count":2,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/76898\/revisions"}],"predecessor-version":[{"id":76904,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/76898\/revisions\/76904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/76895"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=76898"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=76898"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=76898"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}