June 26, 2025
The decision is expected to reduce passenger airfares
Instead of the existing 7.5 percent exemption, a 10 percent VAT will now apply at the production stage until Jun 30, 2027
Prices to rise for mobile phones, cigarettes, soap, lifts, razor blades, plasticware and cotton yarn
Find out which everyday items and services could cost less under the new proposals
The VAT rate on online product sales commissions has been increased from 5 percent to 15 percent
The NBR should enter into partnerships with city corporations and municipalities to increase tax revenue, a seminar suggests
Importers have been paying a uniform 5 percent levy until now
NBR chief says VAT drop hinges on businesses’ goodwill and transparency