Tue, 21-Oct-2025

Budget 2020-21: Rs 1.29 trillion allocated for defence

Budget 2020-21: Rs. 1.29 trillion allocated for defense

The federal government has presented a budget for the financial year 2020-2020 in which it has been proposed to allocate Rs. 1.29 trillion for the defence budget. In the National Assembly, Minister for Industries and Production Hamad Azhar presented the budget for the financial year 2020-21, in which he said that in difficult circumstances, we … Read more

Tax rate on food items will be reduced in the next budget

budget

In the Budget, for the fiscal year 2020-21 to be announced on June 12; the federal government has decided to increase the defense budget in view of national security. The tax rate on basic food items will be further reduced in the next budget. Tax rates on pharmaceutical items are also likely to be reduced. … Read more