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Wednesday, February 5, 2025
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Fiscal year 2024-25

FBR exceeds IMF’s Tax-to-GDP target for December 2024

Pakistan's tax-to-GDP ratio has exceeded the target set with the International Monetary Fund (IMF) for December 2024, with the Federal Board of Revenue (FBR)...

Development budget reduced by Rs.50 billion

The federal government has further slashed the Public Sector Development Programme (PSDP) by Rs. 50 billion just ten days into the new fiscal year...

“Fuel Prices Surge in Pakistan: July 2024 Update”

The PML-N-led coalition government commenced the new fiscal year (2024-25) with a rise in petrol and high-speed diesel prices by Rs7.45 and Rs9.56 per...

Government to terminate GST exemption on 7,000 items

The federal government has decided to phase out extensive tax exemptions in the upcoming federal budget for the fiscal year 2024-25. This includes ending...

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