Electric and hybrid vehicles in Pakistan could become more expensive in the upcoming fiscal year as the government considers ending existing tax concessions in the federal budget for 2026-27. The proposed move follows discussions with the International Monetary Fund (IMF), which has reportedly opposed continuing preferential tax treatment for environmentally friendly vehicles and related products. […]
solar panels
Govt considers substantial tax hike on solar panels in budget
Setting up solar power systems is about to become considerably more expensive for consumers in Pakistan, as the government considers a substantial tax hike on solar panels in the upcoming federal budget for the fiscal year 2026-27. According to sources close to the development, the International Monetary Fund (IMF) has strongly opposed tax exemptions historically […]
Over 95% of imported solar panels come from China: report
“When my niece got married not long ago, her parents promised to install a solar panel system in the newlyweds’ home as soon as possible,” Ahmed, from a rural area in Punjab, told Gwadar Pro. Chinese solar panels have become a stable investment for Pakistani families, a trend that is not only popular in cities […]
Govt targets Rs20bn from 18% GST on imported solar panels
ISLAMABAD – The federal government plans to collect Rs20 billion in revenue next fiscal year by imposing an 18% General Sales Tax (GST) on imported solar panels and photovoltaic cells. This tax move suggests authorities expect solar imports to exceed Rs110 billion in 2025-26, despite concerns from the energy sector. Finance Minister Muhammad Aurangzeb announced […]
KP government launches free solar scheme for 130,000 households
The Khyber Pakhtunkhwa (KP) government has introduced a free solar panel scheme to provide sustainable energy to low-income families. Under this initiative, 130,000 households registered under the Ehsaas Programme and Benazir Income Support Programme will receive complete solar systems, easing their electricity challenges. In the first phase, 32,500 beneficiaries will be selected through a transparent […]
Cheap solar panels power consumer appliance boom in North Korea
Years after they first appeared in North Korea, increasingly cheap and available solar panels are giving a boost to consumer consumption and industry as Pyongyang tries to limit the impact of tough international sanctions. Electricity shortages have been a perennial concern for North Korea, and leader Kim Jong Un has called for greater use of […]