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The 2024–25 Pakistan Federal Budget is a financial statement of the government's estimated receipts and expenditures for the fiscal year that runs from 1 July 2024 to 30 June 2025. [ 1 ] [ 2 ] On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion. [ 3 ]
Individual income taxes (1.7B or 34%) Sales taxes (1.6B or 32%) Gross production taxes (434M or 10%) Corporate income taxes (172M or 3%) Motor Vehicle taxes (145M or 3%) Other taxes include alcohol, motor vehicle, cigarette and tobacco taxes. Tax revenues have averaged approximately 5.8% to 6.5% of the state's gross domestic product. [2]
The 2023–24 Pakistan federal budget was the Federal Budget implemented by the government of Pakistan for the fiscal year 2023–24. The revised budget was presented to Parliament on 25 June, 2023 after Finance Minister Ishaq Dar introduced new taxation measures and expenditure cuts. The budget was accepted the next day.
Though it's doubtful that the FY 2025 budget will contain a second tax cut, the FY 25 budget will fund state government for the next year and, in the process, hold back a few billion, just in case ...
Delegations from Oklahoma's Senate and House of Representatives launched their week with another budget "summit" in an effort to finalize a state budget for the 2025 fiscal year.
Work on the floor of the Oklahoma abruptly stopped Thursday morning after a senator from Broken Arrow began a short filibuster. State Sen. Nathan Dahm, R-Broken Arrow, spent nearly two hours ...
3.25% New Motor Vehicle Tax 3.25% Excise Tax + 1.25% Sales Tax Used Motor Vehicle Excise Tax $20 on first $1,500 + 3.25% on remainder + 1.25% Sales Tax on Total Motor Vehicle Registration Fee Vehicle Age Years 1-4: $91/annually. Vehicle Age Years 5-8: $81/annually Vehicle Age Years 9-12: $61/annually Vehicle Age Years 13-16: $41/annually
We asked readers what legislators should be considering as the Oklahoma state budget is formed during the 59th Legislature. Readers have suggestions lawmakers should consider for Oklahoma's 59th ...