Government Adds RS. 36 Billion in New Taxes in Budget 2025
In the Budget 2025, the government of Pakistan has introduced new taxes worth RS. 36 billion. These new taxes are part of the government’s plan to increase revenue.
One of the main changes is a 10% Federal Excise Duty (FED) on Day-Old Chicks (DOC) at the hatching stage. This tax will directly affect the poultry industry.
The Chairman of the Federal Board of Revenue (FBR) explained these new taxes during a meeting of the National Assembly Standing Committee on Finance, held on Sunday.
The National Assembly Standing Committee on Finance has approved the following new tax measures:
A 10% Federal Excise Duty on Day-Old Chicks (DOC) in the poultry sector.
An increase in the tax rate on dividends from mutual funds (which earn from profit on debt) from 25% to 29%.
An increase in withholding tax on profit from government securities (paid to institutional investors, not individuals) from 15% to 20%.
These tax changes are expected to help the government meet its revenue targets for the coming year.
