Mubarak Zeb Khan

The tax system places an excessive burden on corporate entities and salaried individuals, while extensive exemptions disproportionately benefit higher-income groups.

• 1pc advance tax removal may bring a meagre Rs100bn relief • Textile sector pushes for broader reforms, refunds, and lower energy costs

1pc advance tax removal may bring a meagre Rs100bn relief; textile sector pushes for broader reforms, refunds, and lower energy costs.

ISLAMABAD: As part of a broader tariff rationalisation strategy aimed at lowering input costs, improving competitiveness, and supporting industrial

Govt plans slashing additional customs duty on 3,149 tariff lines and capping customs duty at 20pc in budget FY27.

Generates Rs967bn amid economic slowdown and Eid holidays.

The continued increase in monthly inflation, measured by the Consumer Price Index (CPI), has pushed it beyond the government's earlier projection, mainly because of an unprecedented increase in the price of petroleum products.

The continued increase in monthly inflation has pushed it beyond the government’s earlier projection.