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July 25, 2026

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tax exemptions

Tax exemptions extended to agriculture sector
Tax exemptions extended to agriculture sector

Tax relief is also being provided on the import of raw materials for industries producing poultry, dairy, and fish feed

Content creation, freelancing income made tax-free
Content creation, freelancing income made tax-free

The move is designed to encourage entrepreneurship and digital innovation

No import duty on electric school buses
No import duty on electric school buses

The government also considers reducing customs duties on the import of passenger buses

Tax breaks ‘unlikely’, but business barriers to be eased: minister
Tax breaks ‘unlikely’, but business barriers to be eased: minister

Amir Khosru says the government will take steps to ease legal, institutional, and bureaucratic obstacles

Direct tax exemptions nearly equal to total revenue in FY23
Direct tax exemptions nearly equal to total revenue in FY23

Corporate sector enjoys 69 percent of exemptions as NBR maps “tax expenditure” under IMF conditions

VAT, tax relief approved for local LPG supply
VAT, tax relief approved for local LPG supply

The Advisor Council greenlights a 7.5 percent VAT on imports

NBR signals ‘tax relief’ to cut mobile prices
NBR signals ‘tax relief’ to cut mobile prices

Since the high-end phones are brought mostly through the grey market, the NBR don’t get revenues, says revenue board chief

India scraps tax exemption on imports of missile parts
India scraps tax exemption on imports of missile parts

The notice comes days after Reuters reported that Adani Defence was under investigation for evading $9 million in taxes on imports of short-range missile parts

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