ISLAMABAD – Finance Minister Asad Umar on Tuesday has presented FinanceSupplementary (Amendment) Bill in National Assembly for the remaining ninemonths of fiscal year 2018-2019.
On the occasion, Prime Minister (PM) Imran Khan, ministers and lawmakersbelonging to various political parties were present.——————————
*Main points of Mini Budget*——————————
Presently budget deficit stands at 7.1 percent.
10 percent increase in pension has been made.
Collection from PDL to be reduced Rs 100 billion.
Non-filer tax rate increased by 0.6 percent from 0.4 percent.
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Federal excise duty on 1800 cc increased to 20 percent from 10 percent.
Duty on mobile phones would be increased.
Rs1000 tax shall be imposed on annual incomes ranging between Rs0.4 millionto Rs0.8 million.
Card system in health department will be introduced across Pakistan toprovide medicine on low prices.
Regulatory duty on raw material used for export industries would be zero tobenefit export industries by Rs 5 billion.
