Federal Budget 2024-25 Archives

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Federal Budget 2024-25

Tag: Federal Budget 2024-25

Business

Web Desk
Jun 29, 2024

Here are the new taxes imposed on builders, developers

The federal government has introduced a three per cent federal excise duty (FED) on the sale of properties, targeting builders and developers for every new project.

Business

Web Desk
Jun 14, 2024

Stock market opens above 76,000 points after yesterday’s rally

PSX witnessed a historic surge yesterday skyrocketing by 3,410 points, or 4.69 per cent, to close at an unprecedented 76,208 points.

Pakistan

Web Desk
Jun 13, 2024

Maryam Nawaz unveils housing fund in ambitious Punjab budget

Ahead of provincial budget announcement, Punjab Chief Minister Maryam Nawaz has announced funding for the construction of houses up to 5 marlas.

Business

Web Desk
Jun 13, 2024

Stock market closing in on 3,000 points gain

After opening with a quick 637.54 points gain moments after opening, seen at 73,434.97 points the index soon jumped even further crossing 74,000 points mark to trade around 74,092.21 points, showing 1,294 points gains, all before 10 AM. By 1 PM, the index had crossed the 75,000 points mark, trading at 75,705.88 points.

Business

Web Desk
Jun 13, 2024

Proposed increase in petroleum levy to be implemented gradually, says Aurangzeb

In his budget presentation to parliament on Wednesday, the Finance Minister had detailed that the maximum petroleum levy on petrol and high-speed diesel will rise to Rs 80 per litre, marking an increase of Rs 20 per litre from the previous rate of Rs 60.

Business

Web Desk
Jun 13, 2024

Budget insights 2024-25: corporate taxes

The federal government announced the annual budget for fiscal year 2024-25 on Wednesday. Here is everything you need to know about corporate taxes on income and expenditures.

Business

Web Desk
Jun 13, 2024

Budget insights 2024-25: personal taxes

The federal government announced the annual budget for fiscal year 2024-25 on Wednesday. Here is everything you need to know about taxes on your personal income and expenditures.

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.

Business

Web Desk
Jun 12, 2024

18 per cent sales tax proposed on mobile phones: Budget 2024-25

Muhammad Aurangzeb unveiled significant changes in tax policies while presenting the federal budget for the fiscal year 2024-25.

Business

Web Desk
Jun 12, 2024

Finance Minister announces salary, pension increases in Budget 2024-25

Finance Minister Muhammad Aurangzeb presented the federal budget for 2024-25 in the National Assembly on Wednesday, as the government seeks to secure a long-term International Monetary Fund (IMF) bailout.