Budgets
Pakistan's Finance Minister, Muhammad Aurangzeb, has presented a budget proposal that aims to reduce costs for property buyers and encourage investment in housing. The government hopes these changes will boost economic activity, make homeownership more accessible, and stimulate investment in the housing sector. Key measures include reducing withholding
Budgets
Labour's Chancellor Rachel Reeves announced a major U-turn on winter fuel payments for pensioners, restoring the payments to all but 2mn pensioners with incomes above £35,000. This move, expected to cost the Treasury £1.25bn, was made ahead of the spending review in a bid to garner
Budgets
Home Secretary Yvette Cooper was told to find savings from other parts of her budget to protect spending on the police, as haggling over the multiyear Whitehall spending review finally ended. Despite the Treasury's concerns, Chancellor Rachel Reeves insisted that police spending should be protected over the three-year
Budgets
The government of Pakistan has unveiled its budget for fiscal year 2025-26, aiming for a GDP growth rate of 4.2 per cent and setting a tax collection target at Rs14,131 billion. The budget includes several key takeaways, particularly for the salaried class, property owners, and businesses. Key Takeaways:
Budgets
The Pakistan federal government will unveil its federal budget for the fiscal year 2025-26 on Tuesday, amidst high inflation, increasing debt, and negotiations with the International Monetary Fund (IMF). The budget, set at Rs 17,600 billion, will be presented in Parliament with a projected revenue collection of Rs 19,
Budgets
Finance Minister Muhammad Aurangzeb presented a Rs17.573 trillion budget for the fiscal year 2025-2026, with a 4.2% growth target, amidst criticism from economists and analysts. Despite ambitious plans for tariff rationalization and tax simplification, the budget has been deemed short on structural reforms and has been criticized for
Budgets
Pakistan Tehreek-e-Insaf (PTI) parliamentary committee labeled the current government as 'illegitimate', highlighting their rejection of the IMF-imposed budget for the fiscal year 2025-26. The PTI accused the National Assembly Speaker, Sardar Ayaz Sadiq, of partisanship, demanding that he act as a custodian of the House instead of representing
Budgets
Lawmakers from both parties are sounding the alarm that President Donald Trump's budget proposal could put the health services of millions of Native Americans at risk in the event of a government shutdown. The Indian Health Service, which is responsible for providing health services to Native Americans and
Budgets
As the British government gears up for its spending review this week, hard-pressed areas such as councils and the police are bracing themselves for a further squeeze, with the NHS and defence being prioritized at their expense. Chancellor Rachel Reeves is expected to unveil a 2.8 per cent real-terms
Public finance
Property tax notices for 2025 have been mailed out to residents in Prince Albert, Saskatchewan, with many owners noticing an increase in taxation. The city council approved an $8.5 million increase to the 2025 budget, which is the main factor driving this year's tax increases. The other
Public finance
The Pakistan Business Forum (PBF) has asked the government to implement measures in the upcoming federal budget to alleviate the financial burden on farmers by reducing the cost of agricultural cultivation. A PBF delegation met with Federal Minister for National Food Security Rana Tanveer Hussain to discuss the federal budget
Public finance
As the 2025-26 State Budget approaches, various agricultural advocacy groups have submitted their wishlist to the State Government, highlighting key areas of investment for the region's producers. Grain Producers SA (GPSA) and Livestock SA have outlined their priority areas, ranging from drought relief and road infrastructure to sustainability
