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Category: Budget 2024-25

Pakistan Budget 2024–25 outlines key fiscal measures, taxation updates, development allocations, and economic reforms aimed at stabilizing economy.

Tax Budget

Pakistan Slaps Heavy Tax on Transactions of Immovable Properties

June 12, 2024June 12, 2024Shahnawaz Akhter

Islamabad, June 12, 2024 – Pakistan government, through the Finance Bill 2024, has introduced significant income tax changes on transactions involving immovable properties.

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FBR Building 02

FBR Introduces New Tax Rates for Late Filers

June 12, 2024June 12, 2024Shahnawaz Akhter

Islamabad, June 12, 2024 – The Federal Board of Revenue (FBR) has announced new tax rates for late income tax return filers as part of the Finance Bill 2024.

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PBC Proposals

Income Tax Rates for Salaried and Business Persons Enhanced

June 12, 2024June 12, 2024Shahnawaz Akhter

Islamabad, June 12, 2024 –Pakistan has increased tax rates for both salaried and business individuals in the newly presented budget for the fiscal year 2024-25.

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FBR logo

FBR Releases Salient Features of FED in Finance Bill 2024

June 12, 2024June 12, 2024Hamza Shahnawaz

Islamabad, June 12, 2024 – The Federal Board of Revenue (FBR) has unveiled the salient features of the Federal Excise Duty (FED) measures included in the Finance Bill for the fiscal year 2024-25.

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FBR Building

Finance Bill 2024 Introduces Massive Income Tax Measures

June 12, 2024June 12, 2024Shahnawaz Akhter

Islamabad, June 12, 2024 – The Federal Government of Pakistan has released the Finance Bill for the fiscal year 2024-25, unveiling extensive income tax measures aimed at generating substantial revenue to support the country’s economic needs.

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FBR logo

New Sales Tax Measures under Finance Bill 2024

June 12, 2024June 12, 2024Shahnawaz Akhter

Islamabad, June 12, 2024 – The Federal Board of Revenue (FBR) has unveiled a series of new sales tax measures through the Finance Bill 2024.

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pakistan customs

Salient Features of Customs Duties in Finance Bill 2024

June 12, 2024June 12, 2024Shahnawaz Akhter

Islamabad, June 12, 2024 – Federal Board of Revenue (FBR) has issued salient features of customs duties introduced through the finance bill 2024.

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Petrol pumps filling

Petroleum Levy Enhanced to Rs 80 per Liter in 2024-25 Budget

June 12, 2024June 12, 2024Shahnawaz Akhter

PkRevenue.com – The government on Wednesday unveiled the budget for the fiscal year 2024-25, introducing an enhanced petroleum levy. The maximum rate of this levy has been increased to Rs 80 per liter on various petroleum products.

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FED on cigarettes

Retailers to Face Harsh Penalties for Selling Smuggled Cigarettes

June 12, 2024June 12, 2024Hamza Shahnawaz

In a bid to crack down on the illicit trade of cigarettes, the Federal Budget for the fiscal year 2024-2025 has introduced stringent measures against retailers found selling fake, smuggled, and non-taxpaid cigarettes.

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Pakistan Budget 2024-25

Aurangzeb Presents Tax-Heavy and Deficit-Laden 2024-25 Budget

June 12, 2024June 12, 2024Mrs. Anjum Shahnawaz

Senator Muhammad Aurangzeb, the Minister for Finance and Revenue, unfolded the details of the Rs 18.877 trillion federal budget for the fiscal year 2024-25 in a session of the National Assembly on Wednesday.

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  • Pakistan abolishes 18% sales tax on shipping industry
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