{"id":21881,"date":"2025-09-17T16:01:40","date_gmt":"2025-09-17T11:01:40","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=21881"},"modified":"2025-09-17T16:01:45","modified_gmt":"2025-09-17T11:01:45","slug":"govt-plans-mini-budget-for-flood-relief-and-tax-shortfall","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2025\/09\/17\/govt-plans-mini-budget-for-flood-relief-and-tax-shortfall\/","title":{"rendered":"Govt plans mini-budget for flood relief and tax shortfall"},"content":{"rendered":"\n<p><strong>The federal government is preparing to introduce a mini-budget aimed at raising at least Rs50 billion to support flood victims\u2019 rehabilitation and address a widening tax shortfall.<\/strong><br><br>Officials confirmed that new levies on luxury items and cigarettes are under consideration.<\/p>\n\n\n\n<p>The proposed mini-budget seeks to impose additional taxes on luxury vehicles, cigarettes, and imported electronic goods. A levy equivalent to the regulatory duty that was reduced in June could also be reinstated on imported products.<\/p>\n\n\n\n<p>According to Federal Board of Revenue (FBR) officials, a five per cent levy on electronic goods is under review. The price threshold for this tax has not yet been finalised.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Levies on luxury cars and cigarettes<br><\/h2>\n\n\n\n<p>The plan also includes a levy on luxury vehicles with engines of 1,800cc and above. However, officials noted that approval from the International Monetary Fund (IMF) would be required before such taxes can be implemented.<\/p>\n\n\n\n<p>In addition, the government is considering imposing a Rs50 levy on each pack of cigarettes. Unlike other revenue streams, this levy will not be shared with the provinces and will go directly to the federal government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The federal government is preparing to introduce a mini-budget aimed at raising at least Rs50<\/p>\n","protected":false},"author":1,"featured_media":21882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2,215],"tags":[],"class_list":["post-21881","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Govt plans mini-budget for flood relief and tax shortfall - Rapid News<\/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:\/\/dailyrapidnews.com\/eng\/2025\/09\/17\/govt-plans-mini-budget-for-flood-relief-and-tax-shortfall\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt plans mini-budget for flood relief and tax shortfall - 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