The federal budget for the fiscal year 2023-24 is neutral for the local stock market, based on the initial analysis… Read More
Elite to Pay Tax on Hiring Foreign Domestic Workers
The federal government has proposed to collect Rs. 200,000 adjustable advance tax from the employers of foreign workers employed as… Read More
Govt Allocates Just Rs. 97 Billion for Education in Budget 2023-24
The government has earmarked Rs. 97.098 billion for Education Affairs and Services in the federal budget for 2023-24 against the… Read More
Finance Minister Ishaq Dar Unveils Budget 2023-24
Federal Minister for Finance and Revenue Ishaq Dar Friday presented budget 2023-24 in the National Assembly. He started by recalling… Read More
Govt Announces Biggest Tax Relief on Laptops, PCs, Hardware and Battery Parts
The federal government has announced the annual budget for the financial year 2023-2024. While it includes little to no announcements… Read More
Rich Overseas Pakistanis Will Now Get ‘Diamond Card’ and Preferential Treatment
The federal government has decided to add a new category of remittance cards, the Budget 2023-24 speech document, which is… Read More
Govt Proposes Incentives for Agriculture Sector in Budget 2023-24
The government has proposed special incentives for the Agriculture sector in the federal budget 2023-24 including duty exemption on the… Read More
Govt Planning to Collect Over Rs. 72 Billion from Sale of 4G Licenses in FY2023-24
The government has budgeted Rs. 72.597 billion from 4G licenses under the head of non-tax revenue for the next fiscal… Read More
Govt Announces Major Tax Relief for Royal Families in UAE and Middle East
In a significant development for the fiscal year 2023-24, the federal government has announced a 0% customs duty on imports… Read More
Bus and Truck Manufacturers Get Big Relief in Budget 2023-24
The government has allowed big relief for the manufacturers of Heavy Commercial Vehicles (HCVs) in the 2023-24 fiscal budget. Finance… Read More
Tax Reduction on Telecom Services Mysteriously Vanishes from Budget 2023-24 [Updated]
The initial document of the budget speech shared by the Ministry of Finance with journalists contained the proposal for a… Read More
Government Imposes Up To 15% Customs Duty on Tractors
The government has imposed a customs duty (CD) of up to 15% on the import of agricultural tractors in the… Read More
