Budget 2024 25
"The budget projects 48pc growth in income tax and 36pc in GST revenues. How will this be achieved without major disruptive policy changes?" asks CEO of Optimus Capital Management.
Updated 13 Jun, 2024 07:58am
Shift to basing advance tax on value of cars, rather than engine capacity, could alter pricing strategies.
Updated 13 Jun, 2024 08:16am
Targets marks 47.4pc increase from last year's goal; Rs28bn expected to be collected from the levy on crude oil.
Updated 13 Jun, 2024 10:10am
Punjab’s share will be Rs3.69tr, followed by Sindh at Rs1.85tr; Balochistan's share projected to be Rs667.55bn while KP to get Rs1.22tr.
Updated 13 Jun, 2024 10:15am
Wapda, KE, Pepco to get Rs1.19tr, up from Rs548bn in outgoing fiscal year.
Updated 13 Jun, 2024 10:18am
Express confidence that positive sentiments will be witnessed in the capital market.
Updated 13 Jun, 2024 10:38am
Aurangzeb emphasises urgency of controlling the rising pension expenses, which necessitated introduction of reforms.
Updated 13 Jun, 2024 11:09am
Taxation measures to increase cost of doing business, fuel inflation.
Updated 13 Jun, 2024 11:22am
Benchmark index closes at 72,797.43 points after adding 207.94 points or 0.29pc on a day-on-day basis.
Published 13 Jun, 2024 07:04am
Financing of Rs8.5tr required to meet FY25 expenses.
Updated 13 Jun, 2024 11:26am
Govt amends Customs Act 1969 via Finance Bill 2024-25 to provide legal backing to the Directorate General of TBML.
Updated 13 Jun, 2024 11:32am
"Perhaps, the govt has realised that renewable energy is the only way to save the public from expensive energy sources," says expert.
Updated 13 Jun, 2024 11:35am
ABAD rejects budgetary measures like amending CGT on real estate to 15pc for filers and 45pc for non-filers.
Updated 13 Jun, 2024 11:37am
Set at 15.3pc of PSDP, around 8pc of govt running costs set aside for climate impacts.
Updated 13 Jun, 2024 11:42am
GDP growth target set at 3.6pc; Pension to be increased by 15pc, govt employees’ salaries by 25pc.
Published 13 Jun, 2024 07:04am
APNS calls it "disastrous for the survival of the already crisis-ridden print media”.
Updated 13 Jun, 2024 11:46am
Sherry Rehman says as part of their coalition accord with PML-N, the PSDP for all provinces was to be “pre-agreed” with the govt.
Updated 13 Jun, 2024 03:20pm
Finance bill proposes bar on non-filers' travel abroad, except for certain groups; sealing of business and jail if fail to register under Tajir Dost Scheme.
Updated 13 Jun, 2024 08:22am
Dar defends budget proposals, supports increase in salaries; debate on budget to start today.
Published 13 Jun, 2024 07:00am
Govt expects to net Rs1.76tr from new measures; significant increase in tax rates for the salaried; new tax rates for property transactions.
Updated 13 Jun, 2024 08:17am
Rs3.792tr allocated, representing a staggering 58pc increase from last year; federal education division gets almost thrice as FY23-24.
Updated 13 Jun, 2024 08:47am
Allocation reflects 17.6pc increase but same share as last year’s defence budget; Rs662bn for retired personnel to be drawn from govt's current expenditure.
Updated 13 Jun, 2024 08:37am
Government raises taxes for various slabs of salaried classes, proposes minimum wage increase to Rs37,000, curbs on smoking activities, flat 18pc sales tax on all mobile phones up to $500 in value.
Updated 13 Jun, 2024 04:53am
Aurangzeb reiterates that the government is pursuing measures to "protect" the salaried class.
Published 12 Jun, 2024 11:23pm
At a time when real capital is stranded in unproductive segments like real estate, losing intellectual capital through excessive taxation measures is akin to killing the goose for the golden egg.
Published 12 Jun, 2024 11:12pm
Miftah Ismail deems the budget a lost opportunity, whereas Khurram Husain does not see many reform efforts.
Updated 20 Sep, 2024 12:06pm
Enter your monthly salary and find out how much will be deducted as income tax.
Updated 12 Jun, 2024 09:42pm
We are here to break down the budget terminology, spice it up and serve it with a side of relatability.
Updated 12 Jun, 2024 05:33pm
Tax collection target a lofty Rs13tr; raw materials of solar panel manufacturing zero-rated; PPP attends proceedings after initially threatening boycott.
Updated 13 Jun, 2024 06:54am
If you're going to listen to the entire speech, here are some other terms that may go over your burger head.
Updated 12 Jun, 2024 08:59pm
