IMF agrees to drop proposed solar panel and stationery tax hike

Two workers installing dark solar panels on a brown tiled roof under a blue sky.
IMF withdraws proposed tax hikes on solar panels and stationery items in Budget 2026-27.
| Published June, 11 2026 | Updated
Web Desk: The federal government has reportedly secured a major breakthrough with the IMF, resulting in the withdrawal of proposed tax increases on solar panels and stationery items before the new budget.

According to sources, the development is being seen as a major IMF tax relief Pakistan achievement for the government. The decision came after discussions between the IMF and Pakistani authorities ahead of Budget 2026-27 Pakistan.

Officials believe the move could provide direct relief to consumers and support important sectors of the economy.

One of the most significant decisions involves stationery products. Sources said the IMF agreed to remove a proposed 18 percent sales tax on these items.

The reversal of the stationery tax Pakistan proposal is expected to benefit students, parents, schools, and educational institutions that would otherwise face higher expenses.

Another major development is that the solar panel tax increase withdrawn decision has reportedly been approved after consultations between government officials and IMF representatives.

The proposal sought to increase sales tax on solar panels from 10 percent to 18 percent, but it will now not move forward.

Read Also: Solar equipment prices jump ahead of upcoming budget

The reported IMF tax relief Pakistan measures are expected to be welcomed by the public. Experts say the decision to keep solar taxes unchanged will support renewable energy growth and encourage more households and businesses to adopt solar power solutions.

Sources further indicated that stock market-related taxes are likely to remain unchanged in Budget 2026-27 Pakistan. This could help maintain investor confidence and provide stability to financial markets.

Analysts believe the withdrawal of the stationery tax Pakistan proposal and the solar panel tax increase withdrawn plan reflects the government’s effort to balance economic reforms with public relief.

The decisions may ease concerns among consumers already facing rising living costs.

The latest IMF tax relief Pakistan development has generated positive reactions across different sectors. Many observers believe Budget 2026-27 Pakistan could now include more consumer-friendly measures.

Read Also:Govt extends grocery, kiryana store timings to 10 PM

Meanwhile, the stationery tax Pakistan reversal and the solar panel tax increase withdrawn decision are expected to remain among the most discussed budget developments in the coming days.

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