International

Rs. 11.047 Trillion Tax Exemptions in 5 Years &#82...

Rs. 11.047 Trillion Tax Exemptions in 5 Years &#82...
Photo credit: Minute mirror

Summary

  • 1,482.31 billion – FY 2021-22: Rs.
  • 2,239 billion – FY 2022-23: Rs.
  • 2,434 billion – FY 2024-25: Rs.

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ISLAMABAD : In a startling disclosure, the Ministry of Finance has informed the National Assembly that the government granted tax exemptions and concessions worth *Rs. 11,047 billion* during the last five fiscal years, from 2020-21 to 2024-25.

The details were presented in a written reply during the question hour session.

*Year-Wise Complete Breakup:*

– FY 2020-21: Rs. 1,482.31 billion
– FY 2021-22: Rs. 2,239 billion
– FY 2022-23: Rs. 2,540 billion – the highest in history
– FY 2023-24: Rs. 2,434 billion
– FY 2024-25: Rs. 2,352 billion

*Category-Wise Details Presented:*

The ministry disclosed exemptions under three major heads:

Originally published by Minute mirror on Oct 28, 2026 Read the full article at minutemirror.com.pk
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