Submit

You can submit your opinions to MT

Covering Domestic and Global affairs

Markhor Times
  • National
  • Sports
  • Government
  • World
  • Entertainment
  • Editorial
Reading: Govt Slashes Sales Tax on Solar Panels
Share
Font ResizerAa
Markhor TimesMarkhor Times
Search
Follow US
Made by ThemeRuby using the Foxiz theme. Powered by WordPress
Homepage Blog Business Govt Slashes Sales Tax on Solar Panels
Business

Govt Slashes Sales Tax on Solar Panels

By
Ali
Last updated: June 18, 2025
2 Min Read
Share
Solar

The federal government of Pakistan has reduced the proposed sales tax on solar panels from 18% to 10%. The adjustment, announced during the revised federal budget presentation for 2025–26, is seen as a move to encourage the adoption of renewable energy across the country.

Deputy Prime Minister Ishaq Dar informed the National Assembly that the revision followed extensive discussions with coalition partners and feedback from stakeholders. He stated that the government made several key amendments to the budget to address public concerns and align with sustainable energy goals.

The initial proposal to impose an 18% sales tax on solar panels had triggered strong opposition from lawmakers, environmental advocates, and the solar industry. Many argued that such taxation would discourage consumers from shifting to cleaner energy sources and contradict the country’s environmental commitments.

Read More: Pakistan Plans Overhaul of Solar Power Policy

Earlier this week, the National Assembly’s Standing Committee on Finance, led by Naveed Qamar, had rejected the 18% tax proposal. During committee discussions, the Federal Board of Revenue (FBR) clarified that while fully imported solar panels and cells remained exempt, specific components used for local assembly were subject to taxation. This selective taxation drew criticism from several members.

Committee member Mirza Iftikhar questioned the rationale behind taxing any part of the renewable energy supply chain. He also expressed dissatisfaction with the quality and pricing of locally assembled solar panels, claiming they were both more expensive and less efficient than imported models.

TAGGED:FBRIshaq DarNational AssemblyPakistan budgetRenewable Energysales tax cutSolar Panels
Share This Article
Facebook Email Copy Link Print
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

YOU MAY ALSO LIKE

Sualeh Asif Biography: Young Billionaire Behind $60 Billion Deal with Elon Musk

A 26-year-old Pakistani-born entrepreneur, Sualeh Asif, is making global headlines after signing a massive $60 billion deal with Elon Musk.…

Business
April 25, 2026

Mobilink Bank’s WIN Incubator Leads Pakistan’s DEI Agenda, Graduates 18 Women-Led Startups

Mobilink Bank’s WIN Incubator Leads Pakistan’s DEI Agenda, Graduates 18 Women-Led Startups

Business
April 23, 2026

Fatima Fertilizer Puts Farmers in the Spotlight at Exclusive Multan Sultans Meet & Greet

Fatima Fertilizer Puts Farmers in the Spotlight at Exclusive Multan Sultans Meet & Greet

Business
April 22, 2026

Livoltek Strengthens Market Leadership at Solar Pakistan 2026 with Advanced IP66 Inverters, BESS, and EV Charging Solutions

Livoltek Strengthens Market Leadership at Solar Pakistan 2026 with Advanced IP66 Inverters, BESS, and EV Charging Solutions

Business
April 22, 2026
Markhor Times is an independent, privately owned publication focusing on Domestic and Global Affairs and bringing truth forward in this fast paced, biased world of media. MT is one of the emerging e-outlets in Pakistan, headquartered in Pakistan.

Follow US: 

Markhor Times Advertising (SMC-PRIVATE) Limited

Email: ameer@markhortimes.com
Tel: +92-3348881455

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?