Budget Speech 2023 Ishaq Dar finance bill 2023-24

Budget Speech 2023 Benefits for Government Employees

Budget 2023, budget 2023 pdf, download budget 2023 pdf,

Finance Division Government of Pakistan presented the budget in National Assembly of Pakistan 09/06/2023 with the approval of Cabinet of Pakistan, the new Basic pay scale 2022 implemented as revised Basic pay scale.

Important Points of Budget 2023

Total estimated revenue Rs 9200 Billion while non tax revenue will be Rs.2800 Billions.

Increase in Defense budget 2023 by 10%
Green Energy Scheme 2023 Budget by 10%
Tax on banking transection over Rs 50000 by 0.6%.
Prime Minister Laptop Scheme Phase 3 100000 laptops
Increase in Medical Allowance by 50%
Increase in Salary Budget 2023 by 20 %
Increase in Conveyance Allowance Budget 2023 by 20 %
Increase in Pension Budget 2023 by 20 %
Increase in petroleum Levy Budget 2023 by Rs.10
Increase in Taxes 2023 Budget for non filers by 30 % for mutual funds and real Estate business.
Increase in withholding tax on imported luxury items
Increase in Taxes on Imported Items by 10 %
Increase in Taxes on Makeup
Relief in tax on IT SECTOR
Withholding tax on prize bonds for non filers will beo creased.
Tax duty on imported luxury items by 25%
Increase in Taxes on Imported Mobiles of $ 100 by 10 %
Increase in sales tax for Whole sale & Retailers GST NEW RATE 18%
Decrease Tax on Solar Panel
Decrease Tax on Imported Cars
Decrease Tax on Fertilizers