FINANCE ACT 2025

   
Customs Amendments of Act IV of 1969.- In the Customs Act, 1969 (IV of 1969)
  First Schedule - Customs Act, 1969
  Fifth Schedule - Customs Act, 1969
   
Sales Tax Amendment of Sales Tax Act, 1990.
  Third Schedule
  Six Schedule
  Eighth Schedule
  Eleventh Schedule
 
Income Tax Amendment of Ordinance, XLIX of 2001
First Schedule
  Second Schedule
  Seventh Schedule
  Tenth Schedule
  Fifteenth Schedule - (Threshold for Economic Transactions)
   
Excise Duty Amendments of The Federal Excise Act, 2005
  First Schedule
 
 
Others CT Amendments of Stamp Act, 1899 (II of 1899) Finance Act 2025
  The Members of Parliament (Salaries and Allowances) Act, 1974 (No_ XXVII of 1974)
  Amendments in the Federal Ministers and Ministers of State (Salaries, Allowances and Privileges) Act, 1975 (LXII of 1975
  Amendment of Petroleum Products (Petroleum Levy) Ordinance, 1961
  Amendment in Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997
  Amendment of ICT (Tax on Services) Ordinance, 2001 (XLII of 2001).
  Enactment of the New Digital Presence Proceeds Tax Act, 2025
  Enactment of the New Energy Vehicles Adoption Levy Act, 2025
   
Statement of Objection and Reasons
 
The purpose of this bill is to make financial provisions for the year beginning on the first day of July, 2025 and it shall come into force on the first day of July, 2025
 
Sindh Budget Amendment in The Sind Act XII, of 2011
  First Schedule - list of exempt services sec 10(1)
  Second Schedule - List of services sec 8(1)
  Section 8 - Reduce rate of tax --- SRB-4-8/2013 dated 1st July 2013 (Rescinded)
  Sindh Budget 2025-26 - Amendment of stamp Act No.II of 1899
  Amendment in The Sindh Development and Maintenance of Infrastructure Cess Act,2017
   
Punjab Budget Punjab Finance Bill 2025
  PRA First Schedule - Tax Free Services
  PRA Second Schedule - Taxable Services
   
KP Budget The Khyber Pakhtunkhwa Sales Tax on Services Act, 2022
 
First Schedule (Classification and Description of Services) see sections 2(ad) & (aaa), 3(4) & 17(1)(g)(i)
  Second Schedule (Taxable Services) see sections 3(1)& (4),9(1),12,17(1)(j)&(k)&18(1)
  KPK Budget 2025-26 - Other laws