Gilgit-Baltistan tax exemptions have been approved by the federal government, offering wide-ranging relief on goods imported for local use. ISLAMABAD – Federal Minister for Power Awais Ahmed Khan Leghari confirmed on Wednesday that the new measures waive key federal levies, including sales tax, income tax, and excise duty, to strengthen trade and support the region’s business community.
Speaking at a press briefing alongside Chief Minister Haji Gulbar Khan and representatives of local trader associations, Leghari thanked Prime Minister Muhammad Shehbaz Sharif for entrusting him with the chairmanship of the committee formed on August 17, 2025, to address Gilgit-Baltistan’s trade concerns. He highlighted that the committee finalized practical, consensus-based recommendations within just six weeks, which have now been formally approved by the Prime Minister.
Leghari praised the cooperation of the Federal Board of Revenue (FBR) and the united efforts of Gilgit-Baltistan’s political leadership in shaping the proposal. He emphasized that the Prime Minister had directed the committee to prioritize the welfare of the people, ensuring that economic reforms directly benefit local communities.
According to the minister, these Gilgit-Baltistan tax exemptions will remove barriers in imports, exports, and transit trade, creating a more business-friendly environment. “This is a milestone in Pakistan’s economic history and reflects our vision of inclusive development,” he said.
Chief Minister Haji Gulbar Khan congratulated the federal government for fulfilling a long-standing demand of the region’s residents and business sector. He stressed the need for swift and full implementation of the agreement to ensure its benefits reach all corners of Gilgit-Baltistan. “This is a decisive step toward the economic empowerment of our people,” Khan remarked.
Ashfaq Ahmed, President of the Gilgit-Baltistan Chamber of Commerce, urged traders to resume cross-border trade at the Sost border starting Thursday, expressing confidence that the tax relief will revive commercial activity and strengthen regional trade ties.
Senator Saleem Mandviwala, a member of the special committee, added that the federal government remains committed to restoring suspended trade with China and has worked diligently to create a mechanism for its rapid resumption.
With these sweeping Gilgit-Baltistan tax exemptions, Pakistan aims to stimulate trade, attract investment, and integrate the region more effectively into the country’s national economic framework.
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