Read details of the Finance Bill 2019-20

By
Web Desk
|

ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) federal government has unveiled a Rs7,022 billion austerity budget, setting ambitious tax collection targets to stabilise a faltering economy as it battles an ever-increasing fiscal deficit.

The budget sets an ambitious Rs5.5tn target for the Federal Board of Revenue—a 25% increase or Rs1.12 trillion in additional taxes from the previous year.

Read the details of the Finance Bill 2019-20 below.