Live Breaking News & Updates on Fy 2022 23 Budget

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FY 2022-23 Budget: Tech giants must submit income tax returns

FY 2022-23 Budget: Tech giants such as Google or Meta (Facebook) will have to submit income tax returns from next fiscal year. Finance Minister AHM Kamal proposed it in his budget speech today. ....

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Education budget only 1.83% of GDP

FY 2022-23 Budget: The allocation for the education sectors in the proposed budget for the upcoming fiscal year of 2022-23 has reduced in terms of the Gross Domestic Product (GDP). ....

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5% advance tax on gold import goes

The government is set to withdraw a 5 per cent advance tax on the import of gold in the fiscal year of 2022-23 to encourage the import of the precious metal through formal channels and discourage smuggling. ....

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5.6% inflation target set for FY2022-23

The government has set a 5.6 per cent inflation target in the proposed budget for the 2022-23 fiscal year although the prices of essentials and other commodities are persisting at higher levels. ....

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Budget for FY 2022-23: Laptop prices set to increase

Budget for FY 2022-23: Laptop prices are set to increase, after Finance Minister AHM Mustafa Kamal proposed to impose a 15% value added tax (VAT) on imported laptops in the proposed budget for the next fiscal year 2022-23. ....

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