Toru Says Federal Budget to Exacerbate Inflation
8 Articles
8 Articles
Toru says federal budget to exacerbate inflation
Khyber Pakhtunkhwa Minister for Food Zahir Shah Toru can be seen in this image. — APP/FilePESHAWAR: Khyber Pakhtunkhwa Minister for Food Zahir Shah Toru on Tuesday rejected the federal budget 2025-26, saying that it would further exacerbate inflation across the country.Talking to the...
Solar panel prices surge in Pakistan after budget imposes 18% sales tax
The cost of solar panels in Pakistan has increased sharply following the introduction of an 18% general sales tax (GST) in the 2025–26 federal budget. According to reports, prices have risen by Rs5.5 per watt, raising the rate from Rs30 to Rs35.5 per watt. A 585-watt panel, previously priced at Rs17,550, now costs approximately Rs20,767—an increase of nearly Rs3,200. This development is expected to substantially raise the overall cost of solar p…
Budget 2025-26: PPP rejects tax on solar panel
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 proposed an 18% sales tax on imported solar panels as part of the 2025-26 budget, aiming to support local m…
People's lives are miserable due to inflation and unemployment. The increase in salaries and pensions in the budget is also insufficient in the current inflation situation, Shazia Mari said.
Solar Prices in Pakistan to come down despite 18pc Sales Tax on Imported Units - Pakistan Observer
ISLAMABAD – Pakistan is set to witness a cut in solar prices despite imposing an 18 percent Sales Tax on Imported units amid a growing trend. Despite the government’s proposal to impose 18 percent sales tax on imported solar panels in the Federal Budget 2025-26, solar energy prices in Pakistan are expected to come down with major relief package aimed at promoting local manufacturing. To support the domestic solar industry and reduce reliance on …
Govt Proposes 18% Tax on Imported Solar Panels to Boost Local Industry
Federal Finance Minister Muhammad Aurangzeb, while presenting the Rs17.573 trillion federal budget for FY2025-26, proposed imposing an 18% tax on imported solar panels. The budget also allocates Rs2.55 trillion for defence spending. The finance minister stated that to ensure fairness and address longstanding inefficiencies in the sales tax system, several measures have been recommended. Among them is a proposal to level the playing field between…
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