budget

Upcoming budget is expected to see an increase in spending on infrastructure and welfare programmes

Legislation includes bill enforcing tough new spending rules, strengthening role of independent Office of Budget

Taxing basic needs heavily while exempting military and bureaucratic incomes has deepened economic disparities

The new federal budget comes into effect from July 1

IMF reiterated tough decisions crucial for progress, calls for fiscal discipline despite the approval of FY24-25

Money bill sails through NA laden with new taxes

The PTI leader criticizes the government's decision to allocate loan money to privatised institutions

The house passed 12 demands of grants worth more than Rs41.7 billion

Development expenditure for FY’24-25 projected at Rs44b

PTI slams both parties over ‘Muk-Muka’ behind the brief charade of discord

Public representatives put comfort first, seek more funds for personal residence

Opposition, allies criticise tax-laden budget

Eminent voices warn of impending crisis as policy failures threaten digital prosperity and brain drain

PTI-backed SIC members walked out of National Assembly but returned after government persuasion

Call for 24-year auto policy to stabilise industries amid economic turmoil

Unabated hoarding deepens crisis, consumers call for action

Sources say meeting between PM Shehbaz and Bilawal Bhutto-Zardari failed to break impasse

Property sector still receives “much-favourable status”, chairman FBR

Bilawal meets Shehbaz to iron out differences

Civil servants’ salaries proposed to be increased up by 25%

Describe FY25 budget as confused attempt that threatens economic stability

Says financial health will improve in FY25, albeit ‘at a cost to growth’

KSE-100 index records substantial gains of 2,953 points, settles at 76,707

Chambers warn new tax proposals could harm exports, call for revisions to prevent economic downturn

Say proposed tax hikes, penalties may undermine progress, deter foreign investment

Rs1.8b to be spent on buying new weapons

harjeel claims the budget focuses on providing maximum relief to the public

Permits export of 150,000 tonnes of sugar on assumption of surplus stock

Drastic decline highlights the urgent need for government intervention to support the sector

Minimum wage also increased to Rs36,000 per month

Govt expected to focus on fiscal consolidation to contain deficit

Finance czar presents pre-budget document detailing country's socioeconomic milestones for the outgoing fiscal year

Govt plans to impose federal excise duty on imported phones; further increasing PTA, and GST on these imports

Promises Rs4.1tr revenue boost in 3 years by lowering tax rates, removing exemptions

KSE-100 index loses 501.46 points, settles at 73,252.56

Rs932 billion or 27% of the total national outlay will be funded by taking foreign loans

Pakistan narrowly averted a default last summer thanks to a short-term IMF bailout of $3 billion

It is followed by series of supplementary budgets due to loophole in constitution

While people expect some relief, best relief is cut in public spending

Stakeholders voice concerns that additional taxes could impede the growth of solar energy adoption

KSE-100 index loses 2,124 points, or 2.8% WoW, settles at 73,754

Ministry’s budget to be boosted by Rs11.82 billion for the fiscal year 2024-25

IMF demands signing National Fiscal Pact and further electricity price hikes

Sources say proposals for slapping Rs3 trillion additional tax and increasing GST from 18% to 19% under consideration

Industry asks govt to address concerns in upcoming budget

KSE-100 index nosedives 908.60 points, settles at 74,666.66

National Economic Council meeting to approve PSDP on June 10; National Economic Survey to be presented on June 11

Malik highlights reduction in fuel prices, promises relief in budget

Govt expects local currency to devalue in next fiscal year

Hepatitis medicines, diagnostic kits could not be procured for 2 years