[1][2][3] The Pakistan Economic Survey is an annual report on the performance of the economy, focusing in particular on major macroeconomic indicators.

Finance Minister Shaukat Tarin briefed on 10 June 2021, the Pakistan Economic Survey 2020-21 at a press conference in Islamabad on Thursday, revealing that the industrial and services sectors had helped the economy rebound and post GDP growth of 3.94 per cent in the first 9 months of the fiscal year (July to March), significantly higher than the target of 2.1pc.

After last year’s contraction of 0.47pc, the economy witnessed a V-shaped recovery, according to the survey document, which was supported by the industrial and services sectors surpassing the government's expectations, particularly highlighted growth in large-scale manufacturing (LSM) which expanded 9pc.

The government has pointed out in the Economic Survey that foreign investment in Pakistan has declined due to global conditions caused by the corona virus.

The economic survey for the current financial year also mentions Pakistan's growing trade deficit.

The Finance Minister has blamed imports of wheat and sugar for the widening trade deficit.

[4][5][6][7][8][9][10] The incumbent government of Pakistan under Prime Minister Imran Khan has presented its third budget for the Fiscal Year 2021-22.

In FY22, the FED on fruit juices will be withdrawals temperatures peak this summer, staying hydrated will cost you less!

The threshold for withholding tax on the monthly electricity bill for domestic users who are not on the Active Taxpayers List (ATL) will be reduced from Rs75,000 to 25,000, means a consumer whose electricity bill is Rs25,000 or more and who is not on the ATL will have to pay withholding tax.