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Pakistan’s elite enjoy benefits on tax extracted from salaried class

ISLAMABAD: The inflation-hit nation is bearing the brunt of massive taxes imposed by the government in budget 2024-25 whereas Pakistan's elite are enjoying the...

Budget 2024: Flour price likely to increase in Pakistan

KARACHI: The recently announced budget-filled with taxes further burdened the inflation hit citizens as the price of wheat is likely to increase in Pakistan,...

Budget 2024-25: Regulatory duty increased on THESE imported items

ISLAMABAD: The government has increased regulatory duty on hundreds of imported items in the fiscal year budget 2024-25, ARY News reported. According to the Statutory...

Sindh Governor assents to Budget for FY 2024-25

KARACHI: Sindh Governor Kamran Khan Tessori on Sunday gave assent to the Rs3.056 trillion budget for the next fiscal year 2024-25. The process of approving...

IMF says budget 2024 approval ‘not enough’, demands Pakistan to ‘Do more’

ISLAMABAD: The International Monetary Fund (IMF) on Saturday termed budget 2024-25 approval as not enough and demanded Pakistan to do more, ARY News reported...

Punjab Assembly approves Rs5.4tr budget for FY 2024-25

LAHORE: The Punjab Assembly on Wednesday approved Rs5.4 trillion budget for the Fiscal Year (FY) 2024-25 by a majority vote, ARY News reported. The new...

JI launches ‘resistance movement’ against power outages, budget 2024

LAHORE: Jamaat-e-Islami (JI) has launched a ‘resistance movement’ with nationwide protests against the prolonged load shedding and the recently proposed budget, which he described...

Gilgit-Baltistan unveils Rs1.402 trillion budget for FY2024-25

GILGIT: The Gilgit-Baltistan government on Monday unveiled the budget of Rs1.402 trillion for the fiscal year 2024-25. Presenting the budget 2024 in the provincial assembly,...

Govt ready to incorporate ‘constructive’ suggestions in Budget 2024: Tarar

ISLAMABAD: Federal Minister for Information, Broadcasting, National Heritage and Culture Attaullah Tarar said on Sunday that the government was ready to incorporate positive and...

Aseefa Bhutto slams Budget 2024 in maiden NA speech

ISLAMABAD: In her first maiden National Assembly (NA) speech, PPP MNA Aseefa Bhutto Zardari criticised the tax-laden Budget 2024 and the current economic situation...

Budget 2024: Big news related to tax on mobile phones

ISLAMABAD: The Senate Standing Committee rejected the proposal to impose 18 percent of sales tax on mobile phones worth up to $200. A meeting of...

PPP to attend tomorrow’s budget session in NA

KARACHI: Pakistan Peoples’ Party (PPP) on Friday decided to end the boycott and participate in tomorrow's budget meeting at the National Assembly (NA), ARY...

Pakistan’s telecom sector raises concerns over heavy taxes

Pakistan's Telecom Operators Association has expressed concerns over the heavy taxes slapped in budget 2024, ARY News reported. In a letter written to the Chairman...

Sindh pressured centre for funds release: CM Murad

KARACHI: Chief Minister (CM) Murad Ali Shah who also holds finance portfolio said that the Sindh government has pressured the federal government to release...

Sindh to present its budget 2024-25 on June 14

KARACHI: Sindh government is set to present its budget for the fiscal year 2024-25 on June 14 , estimated to be Rs 33 trillion,...

VIRAL: Reporter questions FinMin over burdening salaried class in budget

The Finance Minister and other government officials failed to answer the tough questions asked by the journalists during the post-budget press briefing session here...

Budget 2024-25: Charitable, welfare hospitals to be taxed

ISLAMABAD: The federal government proposed to remove the sales tax exemption under the sixth schedule on supplies to charitable hospitals in the Finance Bill...

No new development projects in Sindh’s budget 2024-25

KARACHI: The government of Sindh on Thursday decided not to include new development projects in the budget 2024-25, ARY News reported. The chairman of Pakistan...

Pakistan targets up to 13% tax-to-GDP ratio by 2027, says FinMin

ISLAMABAD: Federal Minister for Finance and Revenue, Muhammad Aurangzeb said on Thursday that Pakistan has targeted up to 13 percent tax-to-GDP ratio by 2027,...

Budget 2024: PPP ‘decides’ not to back down from its demands 

ISLAMABAD: Pakistan People's Party has decided not to compromise on their budget 2024-25 demands, ARY News reported citing sources. According to sources, PPP has been...

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