ISLAMABAD: The Federal Board of Revenue (FBR) announced on Wednesday that the federal government has reduced regulatory charges on imported commodities, like as food, luxury cars, SIM cards for mobile phones, and other items.
On July 1, the updated tax rates became operative.
On the prime minister’s recommendation, President Asif Ali Zardari signed the Finance Bill 2025 into law on June 30 in accordance with Article 75 of the Constitution.
The Finance Act 2025 was announced after the president gave his approval. With few changes, the National Assembly approved the Finance Bill, 2025 on June 26.
