Budget 2024-25

Real-time updates on Pakistan’s Budget 2024-25, revealing fiscal plans and economic policies for the upcoming year.

May 30, 2024 | 3:48 pm

IMF Proposes Rs. 12.9 Trillion Tax Collection Target For FBR Next Fiscal Year

The International Monetary Fund (IMF) has proposed a massive Rs. 12.9 trillion tax collection target for the Federal Board of Read More

May 29, 2024 | 5:48 pm

Planning Ministry Demands Over Rs. 2.4 Trillion For PSDP Projects in New Budget

The Annual Plan Coordination Committee (APCC) will convene on May 31 (Friday) to approve the annual macroeconomic plan and development Read More

May 29, 2024 | 2:35 pm

IMF Advises Pakistan to Tax Books, Pens, Sticky Notes, Other Stationary Items in New Budget

The International Monetary Fund (IMF) wants Pakistan to tax stationery items in the new fiscal year budget. The lender has Read More

May 28, 2024 | 10:39 pm

Govt Likely to Present Federal Budget 2024-25 on 10 June

The federal government is likely to announce the federal budget (2024-25) on June 10 (Monday), sources told ProPakistani. The final Read More

May 28, 2024 | 1:59 pm

Govt Employees Likely to Get Big Increase in Their Salaries and Pensions in July

The federal government wants to increase the salaries and pensions of its employees with increments of up to 10-15 percent Read More

May 27, 2024 | 6:04 pm

Experts Demand Govt to Do More to Generate Revenue From Untaxed Sectors

Speakers at a pre-budget consultative session on Monday demanded the government to ensure a dedicated track and trace system to Read More

May 27, 2024 | 4:39 pm

Govt to Hike WHT Rates on All Businesses and Transactions of Non-Filers in New Finance Bill

Finance Bill 2024 will increase withholding tax rates on all kinds of business and financial transactions of non-filers of income Read More

May 27, 2024 | 3:58 pm

Tax Collection Target May Exceed Rs. 12.5 Trillion Next Fiscal Year: Chairman FBR

Chairman Federal Board of Revenue (FBR) Malik Amjad Zubair Tiwana said on Monday that the regulator’s tax revenue target for Read More

May 27, 2024 | 3:20 pm

Utility Stores Corporation Seeks Historic Rs. 85 Billion PM Relief Package in Upcoming Budget

USC | ProPakistani
The Utility Stores Corporation (USC) has proposed a Rs. 85 billion subsidy in the upcoming federal budget 2024-25, the biggest-ever Read More

May 27, 2024 | 10:05 am

OICCI Wants Govt to Abolish Advance Tax on Telecom Subscribers in Upcoming Budget

smartphone user
The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended the government abolish the rate of advance tax on Read More

May 24, 2024 | 3:13 pm

Govt Plans to Unveil A Record 13th 5-Year Economic Plan in Federal Budget 2024-25

The federal government is preparing to launch a comprehensive five-year plan aimed at achieving significant economic goals in the upcoming Read More

May 24, 2024 | 12:49 pm

Govt Likely to Withdraw Majority of Sales Tax Exemptions in Upcoming Budget

The government is likely to slap a standard rate of 18 percent sales tax on most of the sales tax-exempted Read More

May 23, 2024 | 4:45 pm

Govt Likely to Impose New Tax on Mobile Phones in Coming Budget

The Pakistan Mobile Phone Manufacturers Association (PMPMA) called on the Federal Board of Revenue (FBR) to honor the commitments made Read More

May 22, 2024 | 5:05 pm

Govt Plans Tax Exemptions for Startups Next Fiscal Year

The federal government is planning to give tax exemptions to local startups next fiscal year. If approved, the exemptions would Read More

May 22, 2024 | 4:22 pm

Govt to Prepare Upcoming Budget in Consultation with IMF

The federal government will prepare the budget for the upcoming fiscal year (FY25) in consultation with the International Monetary Fund Read More

May 22, 2024 | 2:28 pm

Govt Likely to Further Increase Gas Prices For Fertilizer, Cement Manufacturers Next Fiscal Year

The federal government has shared with the International Monetary Fund (IMF) a plan to substantially increase gas prices next fiscal Read More

May 22, 2024 | 12:27 pm

Govt Seeks Rs. 20 Billion in Upcoming Budget to Control Social Media

The federal government wants Rs. 20 billion next fiscal year to not just enhance cybersecurity but also to regulate and Read More

May 21, 2024 | 1:38 pm

Govt to Present Federal Budget 2024-25 on 7 June

Finance Minister Muhammad Aurangzeb will present the 2024-25 federal budget in parliament on June 7, 2024. The budget session will Read More

May 21, 2024 | 11:54 am

New IMF Loan Program Only Possible After Budget

Discussions between Pakistan’s economic team and the International Monetary Fund (IMF) Mission this week will most likely end without a Read More

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