FBR
Tax exemptions fall to PKR 2.35tn, first drop in 7yr
Pakistan's total tax expenditure dropped 3.37% to PKR 2.353tn in FY26 from PKR 2.434tn, the first decline after seven years of increases. Sales tax exemptions still rose 2.9% to PKR 1.273tn while zero-rated exemptions collapsed 89% to PKR 8.77bn.
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