Budget 2024 25
It is almost as if the government and its representatives want the party to go on for themselves by extracting more from compliant citizens and businesses and borrowing from future generations of Pakistanis.
Updated 22 Jun, 2024 11:49am
Closes at 78,810, sustaining record high from a day ago as analyst highlights investors' optimism about new IMF deal.
Updated 21 Jun, 2024 08:45pm
To hit the education sector through various tax measures seems very unfair. We have to realise that taxes have consequences.
Updated 21 Jun, 2024 09:23am
Assembly session to begin at 4pm.
Published 21 Jun, 2024 08:08am
Bilawal assures PML-N of support with budget; both sides likely to meet today for further talks; Punjab govt "creating difficulties" for PPP, Shehbaz told.
Updated 21 Jun, 2024 08:58am
Senator Ali Zafar criticises lack of budget proposals to curtail spending; Vawda opposes taxes on EVs.
Updated 21 Jun, 2024 11:03am
Govt’s own MPAs point out shortcomings while MQM-P calls it a "pro-feudal" document.
Updated 21 Jun, 2024 08:59am
Speech muted several times as Omar Ayub criticises establishment.
Updated 20 Jun, 2024 08:06pm
The proposed budget has not shown any particular appetite for reforms to help stop economic bleeding caused by repeated climate-induced disasters.
Updated 20 Jun, 2024 09:32am
Says PML-N yet to make serious effort to address grievances; ruling party hopes matter will be resolved when Shehbaz, Bilawal meet today.
Published 20 Jun, 2024 07:37am
Representatives say proposed measure to hurt economy, encourage flight of capital
Published 20 Jun, 2024 07:09am
Fitch reduces growth forecast due to the plans of the coalition government facing "stiff resistance" inside parliament.
Published 19 Jun, 2024 02:57pm
Says current tax-to-GDP ratio of 9.5 per cent “not sustainable”.
Updated 18 Jun, 2024 05:38pm
Cars and heartbeats in Karachi speed up at the sound of a motorbike as one expects to be mugged on gun points.
Published 17 Jun, 2024 10:25am
Clarification comes after criticism over budgetary proposal to impose sales tax on services of education and health services.
Published 17 Jun, 2024 05:31am
Says lower and middle income groups have been placed under "unbearable burden".
Updated 19 Jun, 2024 10:27am
Budget Breakdown
Published 17 Jun, 2024 05:30am
The government dashed middle-class household hopes by increasing income tax even as declining inflation offered some relief
Published 17 Jun, 2024 05:30am
This budget has failed to alter the course of our downward trajectory, says ex-finance minister Miftah Ismail.
Updated 20 Jun, 2024 08:05pm
The government has set a mere 2pc annual growth target, a drastic reduction from the 6.25pc realised last year.
Published 17 Jun, 2024 05:30am
There is no targeted move aimed solely at creating jobs or reducing the incidence of poverty in the short term
Updated 17 Jun, 2024 10:16am
Over the last five years, the salaried middle class has lost 45pc of its purchasing power through a mix of inflation and taxes.
Published 17 Jun, 2024 05:30am
Manufacturers want tax to be imposed in three phases.
Updated 18 Jun, 2024 09:46am
Salaries to be raised by up to 25pc, pensions by 15pc.
Updated 17 Jun, 2024 08:50am
In report on fiscal risks, country’s finance team lists climate change among nearly dozen challenges to budget, medium-term outlook.
Updated 17 Jun, 2024 08:04am
Clarifies that requirement to link NTN with passports for international travel would apply only after due notice and inclusion in income tax general order.
Updated 16 Jun, 2024 01:10pm
Since 75pc of traders were not registered, customers will have to bear the cost of this “sudden” tax of approximately 25pc, expert warns.
Updated 16 Jun, 2024 11:33am
Say meagre tariff cut not enough for economic revival.
Updated 16 Jun, 2024 11:22am
Criticise govt over budget proposal to convert export trade from Final Tax Regime (FTR) to a hybrid model of NTR and MTR.
Published 16 Jun, 2024 07:03am
"Govt must review agreements made with the IPPs and bring all sectors, including agriculture, into the tax net,” says LCCI president.
Published 16 Jun, 2024 07:03am
