ISLAMABAD, March 3: The Federal Board of Revenue on Monday exempted sales tax on import and local supply of agriculture tractors below 35 HP.

The decision was taken through a sales tax notification SRO 193 of 2008.

The government has already exempted all agricultural tractors from sales tax. However, tractors below 35 HP (horsepower) classifiable under HS code 8701.9090 were not included in the Sixth Schedule of Sales Tax Act, 1990 inadvertently.

Through another sales tax notification SRO 192 of 2008, the government has zero-rated the sales tax on the value-added products of poultry meat and fish to provide benefit to the consumers.

The zero-rated items include frozen, prepared or preserved sausages and similar products of poultry meat or meat offal of all types including poultry meat and fish.

Opinion

Editorial

Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...