Quaid-e-Azam Mazar Management Board income to be exempted from tax after 58 years

The National Assembly Standing Committee on Finance has proposed exempting the income of the Quaid-e-Azam Mazar Management Board from tax, 58 years after the board’s establishment.

According to a news report, the proposal is part of amendments to the Finance Bill 2026. The committee, headed by Syed Naveed Qamar of the Pakistan Peoples Party, has finalised its report on the bill. 

Unless rejected by the lower house, the committee’s recommendations are expected to be adopted.

The committee added four more entities to the exemption list, including the Quaid-e-Azam Mazar Management Board, Make-a-Wish Foundation, provincial employees’ social security institutions and Workers Welfare Fund organisations.

With these additions, nine more entities will be included in the list of organisations enjoying income tax exemption.

Pakistan’s income tax law already provides exemptions to several entities, including some of the country’s major business groups.