Muhammad Aurangzeb has proposed significant changes in tax policies while presenting the federal budget for the fiscal year 2024-25.
Federal Minister for Finance and Revenue Senator
The federal government has suggested major alterations to tax policies to boost revenue, including the removal of exemptions for certain items based on their categories. Muhammad Aurangzeb presented Pakistan’s budget for the fiscal year 2024-25, totaling Rs18 trillion. The National Assembly session began with the recitation of the Holy Quran, followed by the national anthem, with Prime Minister Shehbaz Sharif in attendance.
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