Earnings from platforms such as YouTube will be subject to withholding tax once foreign remittances are transferred to Pakistani bank accounts
He added that Pakistan had also worked alongside Gulf countries to promote diplomatic solutions and reduce tensions in the region.
Earnings from platforms such as YouTube will be subject to withholding tax once foreign remittances are transferred to Pakistani bank accounts
Prime Minister Shehbaz Sharif has directed the Petroleum Minister to reverse the impact of the March 7 price increase
Chief Minister Sohail Afridi had initially preferred presenting a three-month budget over being denied a meeting with the party’s founder Imran Khan
Silver prices declined by Rs6 per tola
816 development schemes with a total estimated cost of Rs644.3 billion are currently under way in the metropolis
The minimum monthly wage from Rs40,000 to Rs43,000
However, subsequent Israeli and US military strikes on Iran caused the currency’s value to plunge, with 10 million rials trading between Rs2,000 and Rs3,000 just days ago.
Inflation is projected to remain around 8.2 percent in the next fiscal year
Meanwhile, losses linked to shortfalls in bill recoveries stood at Rs57 billion during the reporting period.
He stated that the Sindh government is working towards a vision of developing a modern and efficient public transport system, building on the success of the Peoples Bus Service.
The deal will be officially signed in Geneva.
Chief Minister Maryam Nawaz Sharif, along with provincial ministers and MPAs, attended the budget session
Gold prices rose by $108 per ounce to $4,327 globally
Silver prices also registered an increase
Presenting the budget, Finance Minister Muhammad Aurangzeb announced that PKR 10 billion has been allocated for Karachi’s K-IV Water Supply Project.
Minister says government was aware of the financial pressures faced by salaried individuals
Rs979.840 million has been allocated for two ongoing schemes under the Defence Production Division
Says the government’s focus is on supporting economic growth, improving revenue collection
Rs11 billion in loans have so far been disbursed under the scheme
The budget will be unveiled on Friday.
Globally, gold prices fell by $97 per ounce to $4,102
The budget will be presented on June 12.
The event was held at the IT ministry and attended by senior officials along with representatives from Ignite and Mobilink Bank.
In the international market, gold gained $28 and was traded at $4,326 per ounce
The notification stated that the relief will also be available to consumers of K-Electric.
Finance Minister Muhammad Aurangzeb will present the budget before the lower house of parliament.
Planning and Development Minister Ahsan Iqbal confirmed that several budget-related matters have yet to be finalised
It says such an increase has become unavoidable in proportion to the current inflation rate
