Non-filers are also allowed to purchase locally manufactured vehicles irrespective of engine capacity.
PTI Mini Budget
PTI Mini Budget
Government had presented the bill on Jan 23 and then the speaker had prorogued the session without any debate on it.
Information minister says defence budget should be increased as it is already lower than that of other regional players.
LAHORE: The federal government has abolished the budgetary allocation under the ‘Entertainment and Gifts’ and...
Country’s fiscal deficit is likely to reach 6pc of GDP during ongoing fiscal year, says financial services company.
The mini-budget has provoked highly polarised commentary.
The PTI government has attracted more than its fair share of criticism for its economic and financial policies.
The labour leaders demand the government to make sure all workers are regularised and given appointment letters.
Commerce body says mini-budget will offer incentives to industries that will set direction of economy.
In addition to Honda, Suzuki Swift also falls outside the permissible engine capacity limit by a hairline margin.
Opposition claims the law has been amended to benefit Prime Minister Imran Khan's sister, Aleema Khanum.
IMF official says still evaluating reforms package; further tax measures needed to increase revenues, stabilise economy.
Unusual scenes in NA as govt provokes opposition into creating rumpus by targeting leaders including Shahbaz, Zardari.
The big question is whether or not govt's new incentives for business will help get the wheels of the economy moving.
So long as the trade deficit remains in place Pakistan will never be able to afford economic growth.
Industry leaders say measures to benefit Suzuki, Toyota's local assemblers but won't bring relief to assemblers of HCVs.
Amended finance bill reduces and abolishes several taxes as govt accepts long-standing demand of various sectors.
Industry leaders believe mini-budget will help in capital formation, industrialisation and attracting fresh investment.
Business-friendly mini-budget well received by stockbrokers.
Tax collections to fall by Rs6.8bn, revenue target unchanged.
Finance minister describes the bill as a measure to address the needs of people of Pakistan.
Stockbrokers seem to be the biggest winners.