Budget 2024 25
Officials say province would receive Rs667.5bn as its share under the NFC Award, compared to Rs493.70bn in FY24.
Updated 16 Jun, 2024 09:54am
The aggressive taxation regime the govt seeks to put in place makes keeping inflation down to 12pc in next FY seem like an unachievable target.
Updated 16 Jun, 2024 09:37am
No new schemes announced for FY25.
Updated 15 Jun, 2024 11:25am
No new mega scheme for metropolis while Rs1.389bn for 11 ongoing city development projects.
Updated 15 Jun, 2024 05:46pm
Rs34.5bn to be spent through Sindh HEC on unis; Rs12bn allocated for purchase of furniture and fixtures.
Updated 15 Jun, 2024 05:49pm
Chamber members warn punitive measures against non-filers to only lead to flight of capital and human resources from country.
Updated 15 Jun, 2024 08:38am
No new schemes announced for FY25.
Updated 15 Jun, 2024 01:41pm
Proposes up to 30pc salary hike for govt employees, pensions to rise 15pc; minimum wage to increase from Rs35,500 to Rs37,000.
Updated 15 Jun, 2024 01:23pm
38 govt departments "overspent" a total of Rs454.1bn; three dozen divisions reported combined "savings" of Rs446bn.
Updated 15 Jun, 2024 09:35am
"The government spends more than half its revenue on interest payments," the report says.
Published 14 Jun, 2024 04:12pm
The index closes at 76,706.77, up by almost 500 points as bullish momentum continues in wake of the budget.
Updated 14 Jun, 2024 05:09pm
Inayatullah Khan says budget prepared by IMF team.
Updated 14 Jun, 2024 01:31pm
PML-N, scared of taking bold steps lest it loses whatever little public support it has, has left its traditional support — traders — virtually untouched.
Updated 14 Jun, 2024 09:40am
Aimal Wali deplores increase in defence budget, seeks to abolish lawmakers’ perks, privileges; Taj Haider says PPP not taken into confidence on budget.
Updated 14 Jun, 2024 11:36am
Govt aims to increase tax-to-GDP ratio from 10pc to 13pc within 3 years; economic team refrains from disclosing names of those exempted, under-taxed.
Published 14 Jun, 2024 08:09am
Focuses on development; laptop scheme, Kissan cards introduced; no new taxes for agriculture, real estate sectors.
Updated 14 Jun, 2024 10:44am
Punjab has also been running a four-year (2021-22 to 2025-25) Agriculture Transformation Plan and would spend Rs13bn on it this year.
Published 14 Jun, 2024 07:53am
Rs109bn allocated for free medicines and health insurance.
Updated 14 Jun, 2024 12:23pm
Decision will also make surgeries, equipment more expensive.
Published 14 Jun, 2024 07:53am
PTBA president labels the budget FY25 as counterproductive to economic activities and obstructive to business.
Published 14 Jun, 2024 07:53am
Say finance minister said nothing about tackling poverty in his budget speech.
Published 14 Jun, 2024 07:53am
The projection is based on a significant rise in the petroleum development levy.
Published 14 Jun, 2024 07:53am
P@SHA chairman says govt completely overlooked the IT industry’s budgetary proposals despite repeated assurances.
Published 14 Jun, 2024 07:53am
Sources say that the assemblers of these vehicles were surprised to receive this GST shock on locally produced vehicles in the budget.
Published 14 Jun, 2024 07:53am
Almost half of annual development plan allocated for ongoing schemes.
Published 14 Jun, 2024 07:38am
Says current ratio of less than 10pc is "simply not sustainable"; govt hoping for IMF SBA in July.
Updated 14 Jun, 2024 07:28am
Analysts attribute spike to "no increase in tax on dividend and capital gain tax for investors" and "measures to go after non-filers" in new budget.
Updated 13 Jun, 2024 04:04pm
Today, economic policy in Pakistan consists of scrambling to meet IMF targets to pass the next review. All else is fluff.
Updated 13 Jun, 2024 09:47am
The proposed steps lack any “disruptive policy changes", especially to "right-size" the govt, and doubts remain on authorities' ability to enforce new measures.
Updated 13 Jun, 2024 09:33am
"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
