{"id":232378,"date":"2021-12-12T07:44:04","date_gmt":"2021-12-12T02:44:04","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=232378"},"modified":"2021-12-12T07:44:04","modified_gmt":"2021-12-12T02:44:04","slug":"mini-budget-expected-next-week","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/mini-budget-expected-next-week\/","title":{"rendered":"Mini-budget expected next week"},"content":{"rendered":"<p>ISLAMABAD<br \/>\nTo meet the conditions set by the International Monetary Fund (IMF) for the revival of its $6 billion loan, the PTI government is all set to table a mini-budget before Parliament next week.<br \/>\nThe finance bill will seek withdrawal of the General Sales Tax (GST) exemptions and slapping standard rate of 17 percent on import of mobile phones, computers, silver\/ gold, different articles of jewellery, re-meltable scrap, LPG and many other products.<br \/>\nIt is not yet known whether the government will impose a standard GST rate of 17 percent on POL products or not because if the whole GST rate and petroleum levy were jacked up to Rs30 per litre in phases, the storm of inflationary pressures might touch new heights.<br \/>\nIt seems that the government will make last-ditch efforts to protect the POL products from the maximum rate of GST. Currently, it is charging a minimum amount of GST on POL products.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD To meet the conditions set by the International Monetary Fund (IMF) for the revival of its $6 billion loan, the PTI government is all set to table a mini-budget before Parliament next week. The finance bill will seek withdrawal of the General Sales Tax (GST) exemptions and slapping standard rate of 17 percent on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-232378","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mini-budget expected next week<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/mini-budget-expected-next-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mini-budget expected next week\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD To meet the conditions set by the International Monetary Fund (IMF) for the revival of its $6 billion loan, the PTI government is all set to table a mini-budget before Parliament next week. 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