Pakistan is gearing up to present Budget 2024-25, with prices of several items including some of basic commodities are expected to increase in coming budget, especially in times when food prices are already high amid currency devaluation and other factors. The government is also seeking another bailout from IMF to tackle the massive balance-of-payments crisis, … Read more
The International Monetary Fund (IMF) has directed the Pakistani government to execute taxes on stationery items, including books, pens, and paper. The investor has requested the government to eliminate tax exceptions on these items. The Federal Board of Revenue (FBR) officials are scheduled to brief the Prime Minister tomorrow on the FY 2024-25 budget applications. … Read more
Budget 2024-25 is around the corner and all eyes are on salary and pension hike as people in Pakistan are facing back-breaking inflation, rupee devaluation, and other economic woes. The federal government is considering several proposals to increase public sector employees’ salaries by up to 15 percent in the forthcoming 2024-25 budget. In addition to … Read more
