The standard rate of General Sales Tax (GST) recommended to increase from existing 17 percent to 18 percent. The one percent hike in GST will generate additional 40 billion rupees in revenues, sources said.
ISLAMABAD: The federal government has decided to increase defence budget by more than Rs100 billion, hence around Rs900 billion would possibly be allocated for the armed forces in next budget, sources told ARY News on Saturday.
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