Finance Bill

President signs Finance Bill into law

The new federal budget comes into effect from July 1

People traveling to Middle East and African countries will pay Rs105,000 duty on business or club class air tickets

FM Aurangzaib vows to boost tax-to-GDP ratio to 13%, up from 9.5%

Move to push people deeper into poverty trap

Defending finance bill, Hammad Azhar says PTI govt has presented tax free budget

Minister says senators’ recommendations will be included in budget

Senate panel seeks reply on new projects in PSDP

Dawood emphasises Pakistan has several investment opportunities

In its place, Directorate General of International Taxes will be set up

Uncomfortable with this baggage from old Pakistan, the PTI government introduced a supplementary finance bill

Discrepancies in budget document laid bare

Asad Umar says govt has introduced steep fiscal adjustment of 2.1% of GDP, equal to Rs814 billion

Pakistan proposed imposing a 5% tax on digital revenues, hitting US tech giants such as Google, Amazon and Facebook

QWP chief slams PTI for failing to come good on promise of change

Party struggles to maintain majority support for finance bill in the K-P Assembly

Cabinet committee says federal govt powers cannot be delegated to any authority

Says the government move would understate the debt by over Rs3 trillion

Lower house adopts amendments proposed by members

Calls govt move unconstitutional