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Tag: mini budget

coins and money

Bilawal says PPP will support mini-budget amid crisis, calls for unity and economic relief

April 5, 2026June 7, 2026Mrs. Anjum Shahnawaz

Karachi, April 4, 2026 – Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari on Saturday said his party would support the government in introducing a mini-budget if required, as Pakistan continues to face mounting economic pressures amid global and regional instability.

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FBR Blue

FBR explains increase in FED rates through Finance Supplementary Act 2023

March 1, 2023March 1, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday explained the increased rate of Federal Excise Duty (FED) applied through Finance Supplementary Act, 2023.

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FBR Building 02

Sales tax rate enhanced to 18 pc for increasing tax to GDP ratio: FBR

March 1, 2023March 1, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) on Tuesday said that standard rate of sales tax has been enhanced to 18 per cent to increase the tax to GDP ratio.

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marriage functions

New massive taxation makes marriage functions very costly in Pakistan

February 26, 2023February 27, 2023Faisal Shahnawaz

New income tax rate on marriage functions in Pakistan has been introduced through Finance (Supplementary) Act, 2023. The rate shall be applicable

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Xiaomi 12

New rates of sales tax on mobile phones imposed through mini budget

February 25, 2023February 26, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) has issued new rates of sales tax on mobile phones after implementation of the mini budget.

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FBR Building 02

FBR issues new rates of duty, taxes under Finance (Supplementary) Act 2023

February 23, 2023February 23, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: Federal Board of Revenue (FBR) on Thursday issued new rates of duty and taxes under Finance (Supplementary) Act, 2023, after President Dr. Arif Alvi signed the bill following approval from both the houses.

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Arif Alvi

Mini budget applies as President Alvi signs Finance Supplementary Bill 2023

February 23, 2023February 23, 2023Mrs. Anjum Shahnawaz

ISLAMABAD: The newly introduced mini-budget on Thursday became applicable as the President of Pakistan Dr. Arif Alvi signed the Finance Supplementary Bill 2023.

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Federation of Pakistan Chambers

FPCCI says new taxes to further slowdown economy

February 17, 2023February 17, 2023Faisal Shahnawaz

KARACHI: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has said that imposition of new taxes by the government will further slowdown the economy.

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KCCI Photo

Mini budget, petroleum price surge to exert unbearable pressure on masses: KCCI

February 17, 2023February 17, 2023Hamza Shahnawaz

KARACHI: Mini budget and surge in petroleum prices will exert unbearable pressure on masses, according to a statement issued by Karachi Chamber of Commerce and Industry (KCCI).

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FBR logo

Experts question sales tax rate increase without Parliament approval

February 17, 2023June 14, 2026Faisal Shahnawaz

KARACHI: Federal Board of Revenue (FBR) has increased the sales tax rate to 18 per cent from 17 per cent through a notification issued on February 14, 2023, which has to be approved by the parliament.

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