• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Wednesday, July 9, 2025

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel Tensions
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Ramblings
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • Lifestyle
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Rs170bn mini budget, additional GST proposed for next year

The finance authorities continue to work on various tax proposals for the upcoming budget 2023-24. A Rs170 billion mini budget as well as extending the additional GST on various items are likely to be proposed in the next year’s budget. A proposal to maintain the 18% sales tax on imported milk, fish, meat, jam, jelly, and tea has also come to light. Reportedly, one of the proposals also includes increasing the GST on imported baby milk from 12% to 18%. A GST of 18% is proposed to be imposed on canned meat, fish, imported chicken and other items. Sales tax on soaps, detergents, and dish washing liquids are likely to remain at 18%. The tax on toothpaste, toothbrush, and mouth freshener is likely to remain at 18%. The 18% tax on canned spices, and meat seasoning powder is likely to remain intact. A hike in the general sales tax on imported milk has also been proposed, sources said. In February 2023, the sales tax on daily consumption goods was increased from 17% to 18%.

Filed Under: Business

Submit a Comment




Primary Sidebar




Latest News

Justice Dogar, 3 others sworn in as high court CJs

Govt approves four potential bidders for national airline

Govt to deploy AI, experts in push to modernize agriculture

US calls Pakistan’s Nobel nomination for Trump ‘win’ for Americans

Govt approves sugar import of upto 500,000 tonnes to maintain ‘affordable prices’

Pakistan

Justice Dogar, 3 others sworn in as high court CJs

Govt approves four potential bidders for national airline

Govt to deploy AI, experts in push to modernize agriculture

US calls Pakistan’s Nobel nomination for Trump ‘win’ for Americans

Govt approves sugar import of upto 500,000 tonnes to maintain ‘affordable prices’

More Posts from this Category

Business

Asia number one target of Trump’s tariff letters

Finance Minister reviews progress on rightsizing reforms

Rupee loses 15 paisa against dollar

PSX gains 33 points

SECP achieves milestones in Corporate registry during FY 2025

More Posts from this Category

World

ICC seeks arrest of Taliban supremo, Afghan CJ over persecution of women

Netanyahu nominates Trump for Nobel Peace Prize as Gazans await ceasefire

Trump plans tariff blitz: 50% on copper, 200% possible for medicines

More Posts from this Category




punjab

Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2025 Daily Times. All rights reserved.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OkPrivacy policy