The Finance Bill 2025–26 will receive the President’s nod today and introduces more than 50 tax exemptions for a range of public entities, charitable funds, and international lending organizations.
Exemptions have been granted to corporatised entities of WAPDA, the Prime Minister’s Special Fund for terrorism victims, the National Disaster Risk Management Fund, PM’s COVID-19 Relief Fund-2020, and the National Endowment Scholarship for Talent (NEST).
The bill also exempts organizations such as the SECP, Privatisation Commission, Audit Oversight Board, Army Welfare Trust, Supreme Court Water Conservation Account, and Balochistan Education Endowment Fund.
Pensions of a former president and his widow are now tax-exempt, along with several state institutions, including the State Bank of Pakistan, SBP Banking Services Corporation, FBR Foundation, Pakistan Council of Scientific and Industrial Research, WAPDA, and Pakistan Agricultural Research Council.
Here’s the full list:
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