The government intends to introduce tax measures totaling around Rs 1.5 trillion in the FY25 budget.
![The government intends to introduce tax measures totaling around Rs 1.5 trillion in the FY25 budget.](https://pakistanifeed.com/view/admin/img/postpic/tax-1-696x306.jpgPakistani_feed2024-06-12 14_47_00.jpg)
The federal government is considering additional tax measures of nearly Rs. 1,500 billion in the next federal budget.
According to sources, the new fiscal measures would result in an additional tax collection of Rs. 1.454 billion.According to the breakdown of tax measures, the new measures would result in an additional income tax of Rs. 304 billion.
Individual tax payments would increase by rubles. 179 billion.The sales tax collected under the new proposals would increase to Rs. 337 billion, the federal excise duty collection will rise to Rs. 246 billion. Rs. 51 billion would be imposed in new duties, while other enforcement measures would add Rs. 337 billion..