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    <title>Aaj TV English News - Business &amp; Economy</title>
    <link>https://english.aaj.tv/</link>
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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Tue, 07 Apr 2026 14:15:13 +0500</pubDate>
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      <title>FBR raises sales tax on local and imported tea</title>
      <link>https://english.aaj.tv/news/330387111/fbr-raises-sales-tax-on-local-and-imported-tea</link>
      <description>&lt;p&gt;&lt;strong&gt;The Federal Board of Revenue (FBR) has announced an increase in the sales tax on both locally produced and imported tea.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;This decision was made during a recent meeting of the Economic Coordination Committee (ECC) and is part of the government’s broader strategy to enhance revenue collection.&lt;/p&gt;
&lt;p&gt;Under the new regulations, the sales tax on tea will rise from the current rate of 17% to 18%.&lt;/p&gt;
&lt;p&gt;This adjustment aims to address the financial challenges faced by the government while also impacting tea consumers across the country.&lt;/p&gt;
&lt;p&gt;The FBR’s move is expected to affect the pricing of tea, which is a staple beverage in Pakistan, consumed daily by millions.&lt;/p&gt;
&lt;p&gt;&lt;strong&gt;Read more&lt;/strong&gt;&lt;/p&gt;
&lt;blockquote class="blockquote-level-1"&gt;
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&lt;/blockquote&gt;
&lt;blockquote class="blockquote-level-1"&gt;
&lt;p&gt;&lt;a href="https://english.aaj.tv/news/30325611"&gt;Income tax calculator for FY 2023-24&lt;/a&gt;&lt;/p&gt;
&lt;/blockquote&gt;
&lt;blockquote class="blockquote-level-1"&gt;
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&lt;p&gt;The increase in sales tax on tea comes amid ongoing efforts to boost the national revenue base and manage the fiscal deficit.&lt;/p&gt;
&lt;p&gt;Officials have stated that the new tax rate will be implemented immediately, and they anticipate that it will contribute to the government’s revenue goals while ensuring compliance from the tea industry.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>The Federal Board of Revenue (FBR) has announced an increase in the sales tax on both locally produced and imported tea.</strong></p>
<p>This decision was made during a recent meeting of the Economic Coordination Committee (ECC) and is part of the government’s broader strategy to enhance revenue collection.</p>
<p>Under the new regulations, the sales tax on tea will rise from the current rate of 17% to 18%.</p>
<p>This adjustment aims to address the financial challenges faced by the government while also impacting tea consumers across the country.</p>
<p>The FBR’s move is expected to affect the pricing of tea, which is a staple beverage in Pakistan, consumed daily by millions.</p>
<p><strong>Read more</strong></p>
<blockquote class="blockquote-level-1">
<p><a href="https://english.aaj.tv/news/30328760/calculator-how-much-tax-you-will-pay-on-bank-withdrawals">Calculator: How much tax you will pay on bank withdrawals</a></p>
</blockquote>
<blockquote class="blockquote-level-1">
<p><a href="https://english.aaj.tv/news/30325611">Income tax calculator for FY 2023-24</a></p>
</blockquote>
<blockquote class="blockquote-level-1">
<p><a href="https://english.aaj.tv/news/30290320">Rs40,000 fixed income tax imposed on gold shops</a></p>
</blockquote>
<p>The increase in sales tax on tea comes amid ongoing efforts to boost the national revenue base and manage the fiscal deficit.</p>
<p>Officials have stated that the new tax rate will be implemented immediately, and they anticipate that it will contribute to the government’s revenue goals while ensuring compliance from the tea industry.</p>
]]></content:encoded>
      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/330387111</guid>
      <pubDate>Mon, 04 Nov 2024 12:50:45 +0500</pubDate>
      <author>none@none.com (Web Desk)</author>
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