Pakistan Federal Budget for 2025-2026 Includes Digital Presence Tax
Pakistan's Ministry of Finance released the Federal Budget Documents for 2025-2026 on 10 June 2025. One of the main measures is the introduction of a 5% tax on the proceeds of foreign e-commerce providers through the Digital Presence Proceeds Tax Act, 2025. The 5% tax will be withheld by banks, financial institutions, licensed exchange companies, and other payment service providers processing …
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