The upcoming federal budget for the 2025-26 fiscal year is set to include proposals for new excise duties on several food items and services.
Frozen foods, chips, cold drinks, noodles, ice cream, and biscuits are among the items likely to be taxed. A 5% excise duty is also being considered for frozen meat, sauces, and ready-made foods.
Editorial & Legal Practice Group
Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.
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