Finance Minister Muhammad Aurangzeb on Friday mentioned that the federal government was dedicated to decreasing the disproportionate tax burden on sure courses by widening the tax web. Talking on the Geo Information program ‘Aaj Shahzeb Khanzada Kay Saath’ following the disclosing of a Rs18.8 trillion funds for the subsequent fiscal yr, Aurangzeb mentioned: “Exporters, producers,…
DUBAI/WASHINGTON/PARIS: The US and Iran signaled on Friday that an settlement to finish their warfare was shut, with a senior US administration official saying a textual content was in place that each side like. Iran’s decision-making our bodies had been assembly to debate the memorandum, Iran’s overseas ministry spokesperson stated. Pakistan, which has for weeks…
ISLAMABAD: The federal authorities has proposed a big enhance in protection spending for the fiscal 12 months 2026-27, recommending an allocation of three trillion rupees, up practically 18% from the revised 2.595 trillion rupees budgeted for the present fiscal 12 months. In line with finances paperwork, the proposed enhance displays the federal government’s concentrate on…
Average inflation expected to be 8.2pc; finance minister says large chunk of budgeted expenditures to be allocated for markup payments. Salient Features • GDP growth target set at 4pc; average inflation projected at 8.2pc • Income tax cut for those earning above Rs183,000 per month • Withholding tax on foreign debit/credit card transactions slashed from…
The Federal Price range 2026-27 supplied little consolation to these most affected by the present skyrocketing inflation in Pakistan, which impacts the decrease and center courses essentially the most. Regardless of guarantees of reduction, low-income salaried employees have been largely ignored. In the meantime, spending on important sectors equivalent to well being and training stays…
ISLAMABAD: The federal government has proposed new tax measures focusing on imported luxurious autos and SUVs as a part of its upcoming funds, aiming to extend income from high-end vehicles, official paperwork confirmed. Underneath the proposal, a Federal Excise Responsibility (FED) can be imposed on imported autos and SUVs with engine capacities starting from 2,000cc…
Bilawal in attendance after PPP initially announced that he would skip the session. Finance Minister Muhammad Aurangzeb is presenting the FY2026-27 budget in the National Assembly (NA), addressing a session that began two hours after the scheduled time of 3pm and is marred by loud protests by the opposition. NA Speaker Ayaz Sadiq is presiding…
GENEVA: The Ebola outbreak within the northeastern Democratic Republic of Congo is spreading into new areas, the World Well being Group warned Friday. Way more must be accomplished to get on prime of the virus, the WHO stated, with isolation mattress capability far beneath anticipated wants given how it’s spreading. Because the outbreak was declared…
KARACHI: The Pakistani authorities has proposed a Rs1 trillion Public Sector Growth Program for fiscal yr 2026-27 as half of a bigger nationwide growth outlay of Rs3.675 trillion, in response to price range paperwork obtained by Bol. The Nationwide Financial Council accredited the general plan, which incorporates Rs2.224 trillion for provincial growth applications and Rs451…
The federal budget for the upcoming fiscal year (FY26-27) is set to be presented in the upper and lower houses of the Parliament today. Finance Minister Muhammad Aurangzeb was expected to present the financial plan in the National Assembly at 3 pm, but the session has yet to begin. In a post on X ahead…
