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Pakistan announces 50% allowance for army officers
Government also pledges BISP expansion, tax reforms, and PIA privatization in the budget briefing to the finance committee
Jun 12, 2025
Jun 13, 2025
Government also pledges BISP expansion, tax reforms, and PIA privatization in the budget briefing to the finance committee
Recommendations include higher exemption thresholds, reduced corporate taxes, and incentives for industrial investment
Levy will apply to foreign tech giants including Amazon, Google, Facebook, Netflix, and Temu; as well as local e-commerce platforms, including Daraz and PakWheels
Pakistan's budget for the upcoming fiscal year has divided many. Now, there's a new contention: income tax exemptions
Salient features of proposed measures in Customs, Sales Tax and Income Tax
Budget size expected near PKR 17.6 trillion with major allocations to debt servicing
Sources say ministry has proposed a 20% health tax on a wide array of processed and ultra-processed food and beverage products
IMF consultations expected as govt prepares new revenue-sharing formula
Remittances expected to hit $39.4 billion amid widening trade gap
Govt sets ambitious revenue target of PKR 14.13 trillion — a 18.7% increase over projected revenue collection for outgoing year
Infrastructure, social sectors may face deep cuts; transport may get 24% boost
Textile sector poised to benefit from shifting supply chains; falling oil prices ease economic pressure
Govt targets PKR 14.13tr in revenue, aims for fiscal discipline and 18.7% rise over outgoing year
Collection from the levy is expected at PKR 48 billion in FY26, to double next year
IMF-backed reforms stabilize finances, but structural challenges remain
Nukta spoke with the chairman of the Freelancer Association of Pakistan and CEO SI Global about budget expectations & recommendations
Committee approves proposal to impose sales tax on e-commerce goods
Fiscal consolidation, IMF commitments, and expansion of tax net take center stage as GDP growth is targeted at 3.5–4.5%
Aurangzeb highlights progress on energy, pensions, and debt management in economic survey launch
The government's proposed debt and interest payments target for FY26 would be PKR 8,685 billion compared with PKR 9,775 billion in the current fiscal year
