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On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion. [3] The same day, a copy of the finance bill was moved in the Senate. [4] On 28 June 2024, the National Assembly passed the finance bill. [5] [6] On 30 June 2024, President Asif Ali Zardari gave assent to the finance bill. [7]
Bill to impose Shariah law as the supreme law of land. The bill was passed by Senate but could never be passed by National Assembly owing to the latter's dissolution. 1985 Not passed Full Text: 10th: Fixed the interval period between sessions of the National Assembly to not exceed 130 days. 25 March 1987 Full Text: 11th
Clause 2A (Amendment of Article 38 [Elimination of Riba before January 2028]) [32] Clause 3 (Amendment to Article 48 [president to act on advice]) Clause 4 (Amendment to Article 81 [expenditure charged upon Federal Consolidated Fund]) Clause 5 (Amendment to Article 111 [right to speak in Provincial Assembly])
The Late Filer category was introduced by the Finance Act 2024. [23] Active and Late Filer status is the same except for buying and purchasing properties. A late filer will be charged double than the active filer. [24]
The Waqf (Amendment) Bill, 2024 was introduced in the Indian Lok Sabha on 8 August 2024. [ 1 ] [ 2 ] [ 3 ] It seeks to repeal Mussalman Wakf Act, 1923 and amend the Waqf Act, 1995. [ 4 ] The Act regulates waqf property in India , and defines Waqf as an endowment of movable or immovable property for purposes considered pious, religious, or ...
The Seventeenth Amendment to the Constitution of Pakistan (Urdu: آئین پاکستان میں سترہویں ترمیم) was an amendment to the Constitution of Pakistan passed in December 2003, after over a year of political wrangling between supporters and opponents of Pakistani President Pervez Musharraf, who in 2024 was declared a traitor by the Supreme Court of Pakistan.
The Ministry of Finance is a cabinet-level ministry of the government of Pakistan that is in charge of government finance, fiscal policy, and financial regulation. A Finance Minister, an executive or cabinet position heads it. The Minister is responsible each year for presenting the federal government's budget to the Parliament of Pakistan.
Established as the Central Board of Revenue on 1 April 1924 through enactment of the "Central Board of Revenue Act, 1924".In 1944, the CBR was put under the Revenue Division with the Ministry of Finance until 1960, when on the recommendations of the "Administrative Reorganization Committee", the CBR was made into a division of the Ministry of Finance.