FinMin announces relief for salaried class in upcoming budget


Listen to article

Finance Minister Muhammad Aurangzeb has announced plans to ease the financial burden on the salaried class in the upcoming budget, as the government looks to provide economic relief amid ongoing fiscal challenges.

Speaking to media representatives in Lahore on Sunday, Aurangzeb pointed to positive economic indicators, including a rise in the number of remittance senders to 35 million and increased inflows through the Roshan Digital Account.

“The private sector plays a crucial role in driving economic progress, and we are committed to facilitating its growth,” he said, adding that Pakistan’s foreign exchange reserves are steadily improving.

The minister also reaffirmed the government’s support for the construction industry while ensuring that real estate activities remain free from speculative practices.

Pakistan’s economy has been under pressure in recent years, with rising inflation and a heavy tax burden on the salaried class. The upcoming budget is expected to introduce measures aimed at providing relief while maintaining fiscal stability.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Cellectis Non-GAAP EPS of -$0.16 beats by $0.05, revenue of $33.22M beats by $23.63M

Cellectis press release (NASDAQ:CLLS): Q4 Non-GAAP EPS of -$0.16 beats by $0.05. Revenue of $33.22M (+1569.3% Y/Y) beats by $23.63M. As of...

House Democrats bash Senate colleagues for backing GOP spending bill: ‘Huge slap in the face’ 

House Democrats are furious at their fellow Democrats in the Senate for supporting a Republican spending bill, saying Minority Leader Charles Schumer (D-N.Y.) and...

China’s ‘Netflix’ iQiyi to open theme park with VR based on its shows

Chinese videostreaming company iQiyi announced March 13, 2025, it will open a theme park later in the year in Yangzhou, Jiangsu province.iQIYIBEIJING — Chinese...

Follow us

653FansLike
201FollowersFollow
467SubscribersSubscribe

Most Popular