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    Home » Pakistan Mini Budget 2018 2019 Highlights Discussed in Urdu – Pakistan Budget 2019 Details in Urdu
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    Pakistan Mini Budget 2018 2019 Highlights Discussed in Urdu – Pakistan Budget 2019 Details in Urdu

    January 28, 2019Updated:January 28, 20192 Mins Read
    Pakistan Mini Budget 2018 2019 Highlights Discussed in Urdu
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    Pakistan Mini Budget 2018 2019 Highlights Discussed in Urdu – Pakistan Budget 2019 Details in Urdu

    In this video, we discussed Pakistan Mini Budget 2018 2019 Highlights Discussed in Urdu – Pakistan Budget 2019 Details in Urdu

    Highlights Of The Mini Budget Pakistan 2018-19

    Federal Minister for Finance, Revenue, and Economic Affairs Asad Umar presented a mini-budget 2018-19 on Tuesday in the National Assembly that will be a game-changer for the ongoing financial year.

    Tax Exemptions

    • The minister announced to eliminate withholding tax on banking transactions for filers to encourage the tax-paying culture.
    • Asad Umar announced that products for renewable energy will also be exempted from sales tax and customs duty for the next five years.
    • Withholding tax on trading in the stock exchange will also be removed.
    • Duty on import of newsprint paper has been eliminated as well.
    • All machinery in special economic zones exempted from all taxes.
    • New industries to be exempted from income taxes for five years.

    Taxes On Income

    • Upto Rs 400,000 – Exempt
    • Rs 800,000 – Rs 12,00,000 – Rs.2,000
    • Rs 12,00,000 – Rs 24,00,000 – 5% fixed tax
    • Rs 24,00,000 – Rs 30,00,000 – Rs. 60,000 fixed tax
    • Maximum tax for salaried class – 25%
    • Maximum tax for non-salaried class – 29%

     

    Tax On Non-Filers

    • 0.6% tax to be charged non-cash transactions above Rs 50,000 (up from 0.4%).
    • The ban on non-filers purchasing new assets removed
    • Under the new finance bill, non-filers will now be able to purchase vehicles of up to 1300cc engine capacity after paying higher taxes. Non-filers will only be allowed to buy vehicles that have been locally assembled/manufactured.

     

    Items To Become Expensive

    • Duties on 300 luxury items, including luxury cars, imported food, make-up, and high-end mobile phones, to be raised
    • Duties on cigarettes to be raised
    • 20 percent duty placed on 1800cc vehicles
    Finance-Amendment-Bill-2019-mini-budget-2018-19-1

     

    Download Finance Amendment Bill 2019(mini budget 2018-19)

    budget 2018 19 pakistan highlights budget 2018 19 pakistan pdf budget 2018 19 pakistan summary budget 2019 pakistan mini budget 2018 19 mini budget 2018 pdf pakistan budget 2018 19
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    Editorial Staff

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      Pakistan Sets Seafood Export Record by Volume in FY25, But Misses $500 Million Target

      July 19, 2025

      Pakistan’s Food Exports Drop by 32% in June 2025: Rice and Vegetables See Biggest Losses

      July 19, 2025

      Pakistan’s Textile Exports Reach $17.88 Billion in FY2025 with 7.39% Growth

      July 19, 2025

      Pakistan Proposes ‘China Desks’ to Boost Investment and Industrial Cooperation

      July 18, 2025
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