Islamabad, January 8, 2025 – The Ministry of Commerce has announced a deadline for submitting tariff-related budget proposals for the fiscal year 2025-26. Stakeholders have been invited to provide their input by February 15, 2025, to ensure their suggestions are considered during the preparation of Pakistan’s upcoming federal budget. The ministry has specified that the proposals should focus on changes to Pakistan Customs Tariffs, encompassing adjustments to rates, exemptions, or any other tariff-related measures that could impact trade and industry. To streamline the process, the Tariff Policy Center (TPC) and Tariff Policy Wing (TRP) of the Ministry of Commerce have devised specific formats for submission. The ministry emphasized that stakeholders must use the prescribed formats, prepared on Microsoft Excel, and refrain from using alternative templates. Adhering to the given format will allow for a systematic evaluation and processing of proposals. Stakeholders are also encouraged to carefully study the existing customs tariff rates and provisions before formulating their submissions. To strengthen their cases, stakeholders should support proposals with statistical data, market analysis, or any relevant documentation. This ensures that submissions are not dismissed due to incomplete or unsubstantiated information. Local…