The Finance Bill 2024, which approves the federal budget year 2024–25, was signed by President Asif Ali Zardari.
The Finance Bill will also be forwarded to Parliament in a signed copy. On July 1, the new federal budget will take effect.
In the face of protests from the opposition, the National Assembly enacted the federal budget on June 28.
The National Assembly adopted the Rs18.877 trillion federal budget at a session presided over by Speaker Ayaz Sadiq. The opposition, however, left the session early since they were not given a chance to voice their concerns during the financial bill’s passing.
The assembly approved the clause raising the tax rates on tickets for overseas travel in spite of protests from the opposition. Beginning on July 1, travelers in economy and economy plus classes
