ISLAMABAD – The federal government is expected to increase its dependence on indirect taxes in the upcoming fiscal year 2025-26, with a proposed target of Rs9,732 billion. This marks a significant jump of Rs1,337 billion compared to the revised estimate for the current fiscal year. According to official documents, indirect taxes for the outgoing year […]
upcoming fiscal year 2025-26
Govt proposes 4.2% GDP growth target for next fiscal year
The federal government has proposed a 4.2% GDP growth target for the upcoming fiscal year 2025–26, according to official budget documents prepared by the Ministry of Finance. As per the proposal, the agriculture sector is expected to grow by 4.5%, while the industrial sector’s target is set at 4.3%. Within industry, the large-scale manufacturing (LSM) […]
Ministry of finance sets june 10 for budget presentation in national assembly
Pakistan’s federal budget for the upcoming fiscal year 2025-26 will be formally presented in the National Assembly on June 10, confirmed a spokesperson for the Ministry of Finance. The Economic Survey of Pakistan, which outlines the economic performance and key indicators for the outgoing fiscal year, will be released a day earlier on June 9. […]