<?xml version="1.0" encoding="UTF-8"?>
<rss xmlns:media="http://search.yahoo.com/mrss/" xmlns:content="http://purl.org/rss/1.0/modules/content/" version="2.0">
  <channel>
    <title>Aaj TV English News - Pakistan</title>
    <link>https://english.aaj.tv/</link>
    <description>Aaj TV English</description>
    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Wed, 08 Apr 2026 17:54:34 +0500</pubDate>
    <lastBuildDate>Wed, 08 Apr 2026 17:54:34 +0500</lastBuildDate>
    <ttl>60</ttl>
    <item xmlns:default="http://purl.org/rss/1.0/modules/content/">
      <title>Sindh Assembly approves Rs3.45 trillion budget for FY 2025-26</title>
      <link>https://english.aaj.tv/news/330421267/sindh-assembly-approves-rs345-trillion-budget-for-fy-2025-26</link>
      <description>&lt;p&gt;&lt;strong&gt;The Sindh Assembly on Wednesday approved a provincial budget exceeding Rs 3.45 trillion for the fiscal year 2025-26.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Presented by Chief Minister Syed Murad Ali Shah, the budget reflects a 12.9% increase over the current fiscal year’s outlay.&lt;/p&gt;
&lt;p&gt;Despite intense scrutiny, over 2,000 cut motions submitted by the opposition were dismissed, with the lone exception being a motion on  allowances for judiciary employees.&lt;/p&gt;
&lt;p&gt;The newly passed budget includes approval for all development grants. The assembly also approved a Rs156 billion supplementary budget.&lt;/p&gt;
&lt;p&gt;Among the major highlights is the withdrawal of six taxes, including the professional tax, which is expected to provide Rs5 billion in relief to the public.&lt;/p&gt;
&lt;p&gt;Murad Ali Shah announced new tax measures set to take effect from July 1, 2025. These include a 19.5% tax on services related to vehicle security systems, including trackers, surveillance cameras, alarms, internet, telephone, Wi-Fi, and broadband.&lt;/p&gt;
&lt;p&gt;A 3% tax will be levied on vehicle transactions, while online payments to restaurants, hotels, and farmhouses — as well as on beverages — will incur an 8% tax.&lt;/p&gt;
&lt;p&gt;However, a range of services and sectors will remain exempt from the sales tax. These include services used by parliament and assembly members, local government representatives, and tribunal judges.&lt;/p&gt;
&lt;p&gt;Additional tax exemptions apply to private housing construction on plots up to 10,000 square feet, health and life insurance policies up to Rs500,000, and Hajj and Umrah travel operators.&lt;/p&gt;
&lt;p&gt;Shah described the budget as “pro-people, development-oriented, and focused on equitable growth.”&lt;/p&gt;
&lt;p&gt;The government aims to ease the tax burden while promoting economic development through incentives for agriculture, transportation, and small businesses.&lt;/p&gt;
&lt;p&gt;Notably, Rs8 billion will be disbursed via the Sindh Hari Card initiative, with up to 80% subsidies for large-scale farmers.&lt;/p&gt;
&lt;p&gt;Further tax relief includes reductions for online ride-hailing and bus services, removal of dredging and local cess in the agricultural sector, and tax exemptions on agricultural insurance and storage.&lt;/p&gt;
&lt;p&gt;Annual tax on commercial vehicles has been capped at Rs 1,000.&lt;/p&gt;
&lt;p&gt;In a major move for the cultural sector, entertainment duty has been fully abolished. Theaters, cinemas, water parks, and cultural events will no longer be taxed.&lt;/p&gt;
&lt;p&gt;The assembly approved all 188 demands for grants presented during the session.&lt;/p&gt;
&lt;p&gt;Shah concluded his budget speech by calling it a “people-friendly, progressive, and inclusive” budget aimed at economic recovery through tax relief and strategic development investments.&lt;/p&gt;
</description>
      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>The Sindh Assembly on Wednesday approved a provincial budget exceeding Rs 3.45 trillion for the fiscal year 2025-26.</strong></p>
<p>Presented by Chief Minister Syed Murad Ali Shah, the budget reflects a 12.9% increase over the current fiscal year’s outlay.</p>
<p>Despite intense scrutiny, over 2,000 cut motions submitted by the opposition were dismissed, with the lone exception being a motion on  allowances for judiciary employees.</p>
<p>The newly passed budget includes approval for all development grants. The assembly also approved a Rs156 billion supplementary budget.</p>
<p>Among the major highlights is the withdrawal of six taxes, including the professional tax, which is expected to provide Rs5 billion in relief to the public.</p>
<p>Murad Ali Shah announced new tax measures set to take effect from July 1, 2025. These include a 19.5% tax on services related to vehicle security systems, including trackers, surveillance cameras, alarms, internet, telephone, Wi-Fi, and broadband.</p>
<p>A 3% tax will be levied on vehicle transactions, while online payments to restaurants, hotels, and farmhouses — as well as on beverages — will incur an 8% tax.</p>
<p>However, a range of services and sectors will remain exempt from the sales tax. These include services used by parliament and assembly members, local government representatives, and tribunal judges.</p>
<p>Additional tax exemptions apply to private housing construction on plots up to 10,000 square feet, health and life insurance policies up to Rs500,000, and Hajj and Umrah travel operators.</p>
<p>Shah described the budget as “pro-people, development-oriented, and focused on equitable growth.”</p>
<p>The government aims to ease the tax burden while promoting economic development through incentives for agriculture, transportation, and small businesses.</p>
<p>Notably, Rs8 billion will be disbursed via the Sindh Hari Card initiative, with up to 80% subsidies for large-scale farmers.</p>
<p>Further tax relief includes reductions for online ride-hailing and bus services, removal of dredging and local cess in the agricultural sector, and tax exemptions on agricultural insurance and storage.</p>
<p>Annual tax on commercial vehicles has been capped at Rs 1,000.</p>
<p>In a major move for the cultural sector, entertainment duty has been fully abolished. Theaters, cinemas, water parks, and cultural events will no longer be taxed.</p>
<p>The assembly approved all 188 demands for grants presented during the session.</p>
<p>Shah concluded his budget speech by calling it a “people-friendly, progressive, and inclusive” budget aimed at economic recovery through tax relief and strategic development investments.</p>
]]></content:encoded>
      <category>Pakistan</category>
      <guid>https://english.aaj.tv/news/330421267</guid>
      <pubDate>Wed, 25 Jun 2025 18:21:34 +0500</pubDate>
      <author>none@none.com (Iqtidar Anwar)</author>
      <media:content url="https://i.aaj.tv/large/2025/06/25182016530df55.jpg?r=182124" type="image/jpeg" medium="image" height="480" width="800">
        <media:thumbnail url="https://i.aaj.tv/thumbnail/2025/06/25182016530df55.jpg?r=182124"/>
        <media:title/>
      </media:content>
    </item>
  </channel>
</rss>
