PM convenes federal cabinet meeting tomorrow for approval of mini budget

imran khan

ISLAMABAD: Prime Minister Imran Khan has convened a meeting of the Federal Cabinet tomorrow.

According to details, the federal cabinet will meet on Thursday to approve the mini-budget. The prime minister also convened a meeting of the PTI parliamentary party on December 30.

Members of the Assembly will be briefed on the mini-budget in which petrol, mobile phones, stationery, and packaged food items are expected to become more expensive.

According to reports in the Pakistani media regarding the mini-budget, women’s make-up will also be expensive. Around 350 billion tax breaks will be abolished.

Read more: What is the alleged formula to oust PM Imran Khan?

According to media reports quoting sources, more than 1700 items will be taxed in the mini-budget. Imports of luxury items will also be taxed.

Similarly, the new mini-budget is expected to increase federal excise duty on vehicles by 2.5 percent and sales tax on tractors by 5 percent. Imported clothes, perfume, and shoes will also be expensive.

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