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Tag: budget 2024-2025

Budget 2025-26
Business
  • Syed Raza Hassan
  • May 31, 2025
Govt eying tax on high pensioners in next budget

Pakistan’s pension bill has doubled from Rs0.5 trillion in the financial year 2022 to Rs1 trillion in the financial year 2025

packaged milk
Pakistan
  • Web Desk
  • Jul 03, 2024
Packaged milk prices surge by 25 per cent

The new taxation has led to a 25 per cent increase in the prices of packaged milk, raising the cost by Rs. 75 per liter.

budget
Pakistan
  • Reuters
  • Jun 28, 2024
Pakistan passes tax-laden budget ahead of fresh IMF loan

The government has projected a sharp drop in its fiscal deficit for the new financial year to 5.9pc of GDP, from an upwardly revised estimate of 7.4pc for the current year.

High prices, unemployment and a lack of new job opportunities have piled political pressure on Pakistan's new coalition government
Business Pakistan
  • DW
  • Jun 14, 2024
Will Pakistan’s new budget help the country’s poorest?

Amid the soaring costs of essential goods, many ordinary Pakistanis remain doubtful that the budget will deliver meaningful change.

The National Assembly received details regarding the abolition of posts from federal ministries and subordinate institutions as part of the government’s ‘rightsizing’ initiative.
Pakistan
  • Web Desk
  • Jun 13, 2024
40 new committees formed in the National Assembly

Budget 2024-25: CVT on property
Business
  • Web Desk
  • Jun 12, 2024
Budget 2024-25: Govt all set to impose CVT on property transactions

It is reported that one of the budget proposals envisages CVT on real estate transactions for both filers and non-filers, with the latter obviously paying more.

tractor exports
Business
  • Web Desk
  • May 10, 2024
Govt considers sales tax on tractors in upcoming budget

The government is considering imposing a sales tax on tractors, potentially leading to price hikes for this essential agricultural product.

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