The federal Board of Revenue (FBR) chairman said that no more additional taxes are on the cards for the solar panels and no need for an increase in the existing ones.
Although tax exemptions in a number of sectors are presently being reviewed, Langrial stressed that the government is careful to support industries like renewable energy and education, which are essential for long-term growth.
The Senate Standing Committee on Finance has already adopted the Income Tax Second Amendment Bill 2025, he added, opening the door for measures that would increase tax collection while reducing the burden on disadvantaged populations.
In keeping with its goal of a more unified tax system, the IMF suggested a day ago that all tax exemptions be eliminated, including those presently given for solar panels.
