Finance Act 2016
The national budget or the Finance Bill has been proposed by the federal government, for the year beginning on the first day of July 2016, and to amend certain laws.
It has been moved by the Finance Minister, Ishaq Dar on 3rd June 2016.
This law shall come into force on the first week of July and shall be called the Finance Act 2016.
(Summary by Sania Shahid)