In this year’s budget, Pakistan’s Finance Minister, Senator Muhammad Aurangzeb, allocated Rs. 4 billion to promote electric bikes (e-bikes) and… Read More
Budget 2024-25: Pakistan’s Defense Budget Increased by 17%
The government has announced a budget of Rs. 2.12 trillion for the armed forces for the fiscal year 2024-25, which… Read More
Newspaper Industry Opposes Huge Tax in Budget
The All Pakistan Newspapers Society (APNS) has rejected the imposition of a 10 percent GST, calling it “disastrous for the… Read More
Budget Takes Pakistan One Step Closer to Sealing New IMF Program: Brokerage House
Brokerage house Topline Securities Thursday said that the federal budget for FY25 will likely pave the way for a new… Read More
Builders and Developers Reject New Massive Taxes on Real Estate Industry
The Association of Builders and Developers (ABAD) has opposed budgetary measures, including increasing the Capital Gains Tax (CGT) on real… Read More
Record-Breaking Budget for IT Sector: Aurangzeb
Finance Minister Muhammad Aurangzeb on Thursday said the federal government has allocated the biggest and record budget for the IT… Read More
IT Industry’s Budget Proposals Completely Overlooked Despite Govt Assurances: P@SHA
Muhammad Zohaib Khan, Chairman Pakistan Software Houses Association (P@SHA), has expressed his profound apprehensions that IT Industry’s budgetary proposals have… Read More
Increase in Petroleum Levy Will Be Phased in Slowly: Finance Minister
The increase in petroleum development levy (PDL) will be slowly phased into fuel prices in order to bring them in… Read More
More Taxes Will Be Imposed on High Income Earners: Aurangzeb
Finance Minister Muhammad Aurangzeb on Thursday said higher taxes will be imposed on high-income earners next fiscal year. He also… Read More
Pakistan Will Spend Half Its Budget On Debt Servicing Next Fiscal Year
The country will spend around Rs 9.775 trillion on debt servicing including interest payments and retiring its principal amounts during… Read More
Govt Allocates 203% Higher Budget For Education
The Ministry of Education will get Rs. 25.75 billion or a 203 percent higher budget in fiscal year 2024-25 compared… Read More
PSX Gains Over 2,100 Points in First Hour of Trade After Budget
The Pakistan Stock Exchange gained over 2,100 points in the first 2 hours of trade as buyers flocked to the… Read More
