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Home Business & Stock

Good news for credit and debit card users

MM News Staff by MM News Staff
June 13, 2026
Reading Time: 1 min read

ISLAMABAD: The government has provided relief to credit and debit card users. Finance Minister Muhammad Aurangzeb said that it is proposed to reduce the tax rate on every transaction on the use of credit or debit cards abroad from 5 percent to 0.5 percent.

Earlier, Finance Minister Muhammad Aurangzeb, while addressing the budget speech, said that it is an honor for me to present the budget before this house, I thank the parliamentary leaders of all political parties, it is an honor for me to present the third budget, I am grateful to the Prime Minister and Bilawal Bhutto for their cooperation in preparing the budget.

Muhammad Aurangzeb said that today the whole world recognizes Pakistan’s defense power, Pakistani forces gave a befitting reply to Indian aggression, the success of Banyan Marsus is a bright chapter in our history, we are proud of the great success in Banyan Marsus, strong defense can contribute to economic strength, the strategic agreement between Pakistan and Saudi Arabia is very important.

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He said that our armed forces gave a befitting reply to the enemy, the defense agreement with Saudi Arabia has given a new dimension to bilateral relations, the defense industry has become a source of earning valuable foreign exchange, Pakistan played an important role as a mediator between the United States and Iran, relations with China are an important pillar of our foreign policy, Pak-China friendship is not limited to governments but is a relationship linked to the destiny of nations.

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