In a contentious session marked by heated debates and sharp divisions, the Finance Bill 2024 was passed in the National Assembly today, paving the way for what critics call an “unprecedented tax onslaught” on the Pakistani populace. The bill, which aligns with efforts to secure a substantial IMF bailout, introduces sweeping tax hikes and ambitious revenue targets aimed at stabilizing the nation’s fragile economy.
Key Highlights of the Finance Bill 2024:
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The passage of the Finance Bill 2024 sets the stage for a tumultuous fiscal year ahead, with the government facing the dual challenges of steering Pakistan’s economy towards growth while navigating public discontent over increased financial burdens.
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