GOVT PRESENTS RS 14.46 TRILLION BUDGET FOR FY 2023-24: No New Taxes

* Real GDP growth target of 3.5% fixed for next fiscal year
* Rs 7.3 trillion to be spent on interest payments
* Budget deficit expected to remain 6.54%
* Primary balance to be a surplus of 0.4% to GDP
* Tax collection target of FBR set at Rs 9.2tr
* Rs 1.074tr to be spent on subsidies in electricity, gas and other sectors
* Minimum pension set at Rs 12,000, minimum monthly wage raised to Rs 32,000
* Deposit limit of CDNS Shuhada Account and Behbood Saving Certificates increased to Rs 7.5m