Govt cuts taxes on 7,000 imported items in Pakistan
Govt cuts taxes on 7,000 imported items in Pakistan
At the start of the fiscal year 2025–26, the Government of Pakistan announced major relief by reducing taxes and regulatory duties on more than 7,000 imported items. The Federal Board of Revenue (FBR) has officially issued a notification about these changes.
Why Did the Government Reduce Taxes?
This move is aimed at:
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Supporting industries and agriculture
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Controlling inflation
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Cutting import costs
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Making essential goods cheaper for people
Relief for Agriculture and Livestock
The government has reduced duties on many items used in farming and livestock:
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Breeding animals & poultry: 5% duty
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Live fish, prawns, and fish parts: 5% duty
Dairy and Milk Products
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Milk, yogurt, powdered milk: 20% duty
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Milk cream, butter, and milk fats: 20% duty
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Cheese: Reduced to 40% duty
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Imported honey: 24% duty
Fruits, Vegetables, and Dry Goods
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Canned, frozen, and boiled vegetables: 5% duty
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Dry vegetables and bananas: 5%–10% duty
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Dates, apples, peaches: 20%–36% duty
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Flour (wheat, maize): 20% duty
Other Food Items
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Betel leaves (paan): PKR 400/kg duty
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Cocoa powder, paste, butter: 20% duty
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Pasta, corn flakes: 20% duty
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Pineapple: 40% duty
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Bulk coffee imports: 15% duty
Industrial and Cosmetic Products
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Motor spirit: 10% duty
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Raw materials like magnesium & nickel: 2.5% duty
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Paints, varnish, enamel, lacquer: 5% duty
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Makeup items: Reduced from 55% to 44%
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Face wash, soap, and beauty products: Reduced from 50% to 40%
This tax cut is expected to help industries grow, lower prices of daily use items, and provide relief to the public.
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