Budget 2024-25

For FY-24, Rs5 billion is allocated for the Kissan scheme, sparking farmers' concerns

Govt also proposes a shift from engine capacity-based advanced tax on vehicles up to 2,000 CC to a cost ratio basis

Plan includes significant hikes in levies on petroleum, natural gas to stabilise economy, meet IMF requirements

Party says budget was presented by those who reached the parliament on Form-47

Govt had to find ways to increase revenues to reduce fiscal deficit as part of reforms being discussed with the lender

Individuals earning Rs50,000 per month will be exempt from income tax

Scheme to initially cover 5,000 media professionals, with an additional 10,000 in second phase

Main ally of PM Shehbaz’s govt had only a token participation in the National Assembly’s budget session

Income tax rates increased for salaried class, with individuals earning Rs50,000 per month exempted from income tax

Pakistan faces $130bn debt with $29bn due in 12 months; can short-term economic gains hold against public discontent?