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The 2024–25 Pakistan Federal Budget is a financial statement of the government's estimated receipts and expenditures for the fiscal year that runs from 1 July 2024 to 30 June 2025. [1] [2] On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion. [3]
MUNIR AHMED. June 12, 2024 at 12:33 PM. ISLAMABAD (AP) — Pakistan’s new coalition government presented its first budget in parliament on Wednesday, promising an increase of up to 25% in the ...
2023–24 Pakistan federal budget. The 2023–24 Pakistan federal budget was the Federal Budget implemented by the government of Pakistan for the fiscal year 2023–24. The revised budget was presented to Parliament on 25 June, 2023 after Finance Minister Ishaq Dar introduced new taxes and expenditure cuts. The budget was accepted the next day.
The New Tax Regime is a scheme of Income tax in India first proposed in Union Budget 2020–21. [ 1] Subsequent Budget of FY2021-22 did not see any major announcements in this regime. [ 2] During the Budget 2022–23, reports emerged that New Tax Regime was getting poor response [ 3] and Government is considering to make it more attractive ...
The 2024–25 Khyber Pakhtunkhwa budget was presented on 24 May 2024 by the Khyber Pakhtunkhwa Finance Minister Aftab Alam Afridi in the Khyber Pakhtunkhwa Assembly. [1] [2] The budget was presented before the federal budget , marking a first in the country's history.
Federal income taxes are administered by the Federal Board of Revenue. The period from July 1 to June 30 is considered as a normal tax year for Pakistan tax law purposes. Corporate Income tax rates Currently, the Corporate Income tax rate is 29% for tax year 2019 and onwards whereas the corporate tax rate is 35% for Banking Industry for TY 2019.
As an heir, you’d receive either the current value (aka the standard death benefit) or the guaranteed increase (the standard + 10 years of, say, 3 percent annual growth). You’d get whichever ...
The Federal budget 2014–15 was the federal budget of Pakistan for the fiscal year beginning from 1 July 2014 and ending on 30 June 2015. Presented and submitted by Finance Minister Ishaq Dar on 30 June 2014 at the National Assembly , it was originally outlay ₨. 3.8 tn ; [7] eventually it was increased to ₨. 4.3 tn after several ...