Budget 2024 25
Allocation reflects 17.6pc increase but same share as last year’s defence budget; Rs662bn for retired personnel to be drawn from govt's current expenditure.
Updated 13 Jun, 2024 08:37am
Government raises taxes for various slabs of salaried classes, proposes minimum wage increase to Rs37,000, curbs on smoking activities, flat 18pc sales tax on all mobile phones up to $500 in value.
Updated 13 Jun, 2024 04:53am
Aurangzeb reiterates that the government is pursuing measures to "protect" the salaried class.
Published 12 Jun, 2024 11:23pm
At a time when real capital is stranded in unproductive segments like real estate, losing intellectual capital through excessive taxation measures is akin to killing the goose for the golden egg.
Published 12 Jun, 2024 11:12pm
Miftah Ismail deems the budget a lost opportunity, whereas Khurram Husain does not see many reform efforts.
Updated 13 Jun, 2024 02:49am
Enter your monthly salary and find out how much will be deducted as income tax.
Updated 12 Jun, 2024 09:42pm
We are here to break down the budget terminology, spice it up and serve it with a side of relatability.
Updated 12 Jun, 2024 05:33pm
Tax collection target a lofty Rs13tr; raw materials of solar panel manufacturing zero-rated; PPP attends proceedings after initially threatening boycott.
Updated 13 Jun, 2024 06:54am
If you're going to listen to the entire speech, here are some other terms that may go over your burger head.
Updated 12 Jun, 2024 08:59pm
Rs257.47bn disbursed to 9.4m beneficiaries under Kafalat Unconditional Cash Transfer Programme.
Updated 12 Jun, 2024 12:22pm
Budget session will start at 2pm.
Published 12 Jun, 2024 07:17am
Cost of tax breaks climbs for sixth consecutive year; surge comes mainly due to Rs1.338tr waiver on domestic, imported petroleum products.
Updated 12 Jun, 2024 10:32am
Narrows down significantly by 87.5pc to $0.5bn compared to $4.1bn last year.
Updated 12 Jun, 2024 10:39am
Rate of accumulation in 9MFY24 slows to Rs4.64tr compared to Rs10tr in FY23.
Updated 12 Jun, 2024 10:42am
Industrial and services sectors improve, with each posting a growth of 1.21 per cent.
Updated 12 Jun, 2024 10:45am
Pakistan Banks Association has remained engaged with the finance ministry and the FBR on the ADR-linked taxation.
Updated 12 Jun, 2024 11:02am
Shazia Marri accuses Centre of ignoring their lawmakers’ concerns.
Updated 12 Jun, 2024 09:02am
Youth aged 15-24 have highest unemployment rate of 11.1pc, followed by 7.3pc among the 25-34 years bracket.
Updated 12 Jun, 2024 09:50am
Cotton, rice and wheat grow by 108.2pc, 34.8pc and 11.6pc, respectively.
Updated 12 Jun, 2024 11:33am
Amid unwillingness to restructure debt, Fund is leaning on Islamabad to enhance revenue through taxation, end subsidies on consumption.
Updated 12 Jun, 2024 08:45am
What the finance minister did not elaborate on were the heavy costs the fragile stability had imposed on the economy and people.
Updated 12 Jun, 2024 07:58am
Taxing "all sectors, all sources of income" will take more than just prudent planning.
Updated 12 Jun, 2024 08:10am
Agriculture sector sees growth of 6.25pc; finance minister says current account deficit lowered from $6bn to $200m.
Updated 12 Jun, 2024 04:08pm
Wholesale and retail trade is one segment that barely pays any direct taxes and often creates the most noise whenever there is any effort to extract even a minimal amount of tax.
Published 11 Jun, 2024 11:00am
The decision underscores SBP’s confidence that economic stability is gaining traction.
Updated 11 Jun, 2024 09:05am
Rehan Shaikh, president of the OICCI, ruminates on what Pakistan can do to attract the big fish of foreign investment.
Updated 11 Jun, 2024 10:43am
Former NA speaker asks if Punjab has been turned into "a police state".
Updated 11 Jun, 2024 11:23am
Hassan Murtaza says his party didn’t support Punjab govt for "solo decision making" and "to prepare budget in the kitchen".
Updated 11 Jun, 2024 09:43am
Okays provinces’ cumulative uplift plans worth Rs2tr; GDP growth target set at 3.6pc; external debt payments to put pressure on forex reserves.
Published 11 Jun, 2024 07:44am
Experts say security, stability and ease of doing business prerequisites to emulate Chinese, Indian or Vietnamese success in attracting big money.
Updated 11 Jun, 2024 08:18am
