Pakistan, June 6 -- The Federal Board of Revenue (FBR) is set to propose new tax measures worth nearly Rs 200 billion in the Finance Bill for the fiscal year 2025-26. These changes aim to increase sales tax and introduce fresh Federal Excise Duties (FED) to widen the tax base.

The government plans to impose an 18% sales tax on imported solar panels and e-commerce transactions. This move is part of a broader strategy to boost revenue by taxing growing sectors. Additionally, the FBR will remove some items from exemption schedules that currently enjoy lower sales tax rates.

Moreover, sales tax rates on several products under concessional rates may increase. However, cancer-related medical equipment and lifesaving drugs will be exempted fro...