ISLAMABAD:
The government is considering a mini-budget to raise funds for flood rehabilitation by imposing additional taxes on cars, cigarettes, electronic goods, and a levy on imported items equal to the reduction in regulatory duties made in June.
Sources said the plan targets luxury items used by wealthy individuals as well as more than 1,100 imported goods, with revenue to be collected through a federal levy.
If approved by Prime Minister Shehbaz Sharif, the mini-budget would help bridge the revenue shortfall and generate funds for flood rehabilitation, though most relief and rescue work is currently being carried out by the provinces.
Government sources told The Express Tribune that Finance Minister Muhammad Aurangzeb on Tuesday chaired a meeting to consider proposals that the gov