Saleem Mandviwalla
Coverage of Saleem Mandviwalla in the Nexus archive.
- FY2026-27 budget: Senate seeks increase of income tax exemption threshold, reduction in electricity tariffs
The Senate adopted recommendations for the FY2026-27 federal budget, including increasing income tax exemption thresholds for low-income earners, reducing electricity tariffs, and expanding social protection programs. These proposals, led by Senate Standing Committee on Finance and Revenue Chairperson Saleem Mandviwalla, will be sent to the National Assembly but are not binding.
- BUDGET 2026-27: Auto sector row rocks Senate body
A Pakistani parliamentary committee debated alleged irregularities in the automobile sector and proposed tax reforms, including zero tax on educational stationery and support for exporters. Disagreements emerged over tax rates for exporters, with some senators opposing higher rates and others advocating for reduced taxes to boost foreign exchange earnings.
- BUDGET 2026-27: Senate panel backs 5pc tax on earnings from social media
A Senate panel approved a 5% tax on earnings from social media platforms by local and foreign digital content creators under the Finance Bill 2026. The proposal includes exemptions for annual income up to Rs600,000 and a 5% tax on earnings between Rs600,000 and Rs1.2 million, with debates over potential impacts on foreign exchange inflows and digital earners.