What to expect from new budget of Pakistan?
Pakistan’s Federal Budget for the fiscal year 2024-25, amounting to Rs18.9 trillion, will be presented by Finance Minister Muhammad Aurangzeb in the National Assembly at 4pm today (Wednesday). This budget announcement follows the government’s recent acknowledgment that the anticipated economic growth rate of 2.4 percent for the current year falls
Govt proposes 18% new mobile phone tax
WEB DESK: The government’s recent proposal to introduce an 18% tax on mobile phone units has sparked significant concern among various stakeholders in Pakistan. The proposal has raised worries about its potential impact on mobile phone affordability and the broader mobile phone industry in the country. Industry experts warn that
IMF asks Pakistan to ‘impose’ tax on monthly pensions
The International Monetary Fund (IMF) has asked Pakistan to tax monthly pensions over Rs 100,000. According to reports, the new bailout program will require pension reforms, with policy talks starting tomorrow as negotiations near their final phase. To get a new loan from the IMF, Pakistan must meet their demands.
