Pakistan: Direct and indirect tax changes enacted in Finance Act 2025
Changes to income tax, sales tax, federal excise tax, and customs
The National Assembly on June 29, 2025, approved the Finance Bill 2025, with some amendments (read TaxNewsFlash). Following assent by the president, the amendments are effective as of July 1, 2025, concerning the laws on income tax, sales tax, federal excise tax, and customs.
Read a July 2025 report prepared by the KPMG member firm in Pakistan