The Finance Bill, 2024 has been presented in the National Assembly amid heavy expectations that the budget will be driven by the measures agreed with or suggested by the International Monetary Fund (IMF). Pakistan is facing some of the worst challenges in its history with respect to economy, growth and confidence of businesses / investors and it was expected that in addition to the measures suggested by the IMF, there would be some measures included by the Government that will focus on the broadening of tax base, revival of economy and restoration of the confidence of businesses / investors.
