Pakistan: Import of mobile phones, cars, tea records huge increase
Import of machinery, crude oil also see uptick
SAMAA TV
Loading...
Import of machinery, crude oil also see uptick
Ministry opposes increase in GST on hybrid, locally manufactured vehicles from 8.5% to 25%
Projects include Crisis Resilient Social Protection Program and Sindh Livestock and Aquaculture Sectors Transformation
Senate committee opposes new tax on hybrid and electric vehicles
Express frustration over govt directives to deduct 75% withholding tax on phone and internet services for non-filers
Committee resolves to call Federal Minister Rana Tanveer Hussain to address issue
Senator Saleem Mandviwalla emerges as a vocal opponent of these tax hikes
Funds to benefit 5 million out-of-school children, improve educational facilities
FBR chairman to ensure retailers accept payments through credit cards
This shows an increase of approximately 14.99% from last year's allocation
Rs45 billion has been designated for Mohmand Dam Hydropower Project
New policy eliminates the import duty on glass products,
Ensuring the security of CPEC projects has been made a top priority through advanced technology
Budget sets target for exports at $32.34bn, imports projected at $57.28bn
FBR proposes overall tax target of Rs12,970 billion for next fiscal year
The largest increase is seen in infrastructure sector, particularly in energy allocation rising from Rs81b to Rs253b
Federal govt plans to borrow Rs316bn, while four provinces collectively will secure Rs616bn in external loans
Proposed finance bill 2024 reflects increase of Rs1,012 billion compared to previous fiscal year
Funds to be allocated to first phase of project, expected to generate 2,160MW of electricity initially
Development plans for the four provinces are collectively budgeted at Rs1,560bln
Average inflation reaches 23.2%; notable achievements in per capita income, remittances, exports, tax revenue