Opinion
Pakistan's economy entrapped in vortex of fiscal futility, strategic despair
Latest budget earmarks 46% of the total revenue towards debt servicing, a figure that appears Sisyphean
Jul 07, 2025
Jul 07, 2025
Latest budget earmarks 46% of the total revenue towards debt servicing, a figure that appears Sisyphean
29% year-on-year increase driven by strong enforcement, data tools, and high-value taxpayer focus
Senate body also proposes restoring capital gains tax and cutting stamp duty to 0.5% for filers, 1% for non-filers on property buys up to Rs20m to boost the sector
As development projects face cuts amid a funding crunch, rising executive perks have sparked concerns over the Sindh government's spending priorities
Higher taxes on pensions, processed foods, and non-filers expected in upcoming budget