Budget 2024-25 Archives

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Budget 2024-25

Tag: Budget 2024-25

Pakistan

Web Desk
Jul 02, 2024

FED on airlines tickets increases by 150 per cent, notification issued

The federal government jacked up the FED on the international flights in the budget 2024-25. According to the notification, the FED on economy and economy plus tickets has risen by 150 per cent.

Business

Web Desk
Jul 01, 2024

Imported makeup items become more expensive

The duty on imported combs, fake hair clips, and other hair accessories has been increased to 40 per cent, according to the notification .

Pakistan

Web Desk
Jun 25, 2024

Finance Minister wraps up budget debate in NA

He said stationary items will continue to be exempted to sales tax – contrary to the earlier announcement when GST was enhanced on this head.

Business

Web Desk
Jun 22, 2024

Govt to explore ways to lessen tax burden on salaried class

Federal Minister for Finance Muhammad Aurangzeb has pledged to explore ways to mitigate the tax burden on salaried individuals.

Business

Web Desk
Jun 22, 2024

IMF ‘happy’ with Pakistan over ‘tough decisions’

Sources further added that the limitation of tax exemptions to improve the economy was also appreciated by the monetary fund.

Business

Web Desk
Jun 15, 2024

Government scraps key programmes in next fiscal year budget

Despite a tax-heavy budget sharply cutting funding beyond essential needs, the government still managed to approve salary increases for government employees.

Latest

Afshan Subohi
Jun 13, 2024

Analysts doubt budget’s ambitious targets and goals

It will take some time to fully grasp and analyze the budget to determine how effectively it will achieve the government’s targets

Pakistan

Web Desk
Jun 13, 2024

Punjab finance minister presents Rs5,446 billion ‘tax-free’ budget for 2024-25

Punjab Finance Minister Mujtaba Shuja-ur-Rehman is presenting the provincial budget for 2024-25 in the Punjab Assembly today

Pakistan

Web Desk
Jun 13, 2024

Budget allocation: Provincial breakdown and sectoral distribution

As per the budget documents, the federation intends to distribute a total of Rs7.438 trillion to the provinces. Punjab is allocated Rs3.695 trillion, Sindh will receive over Rs1.853 trillion, and Khyber Pakhtunkhwa (KP) is slated to obtain Rs1.221 trillion.

Pakistan

Web Desk
Jun 12, 2024

Budget 2024-25: Which items are likely to become more expensive?

Imported items such as old cars, mobile phones, food items, chocolates, milk, yogurt, clothes, soap, shampoo, hair color, makeup, perfumes, and lotions are anticipated to become more expensive.