* GDP growth target at 5%

* GDP projected at Rs78.3 trillion against Rs67 trillion this year

* Inflation expected at 11.5% in FY23 against 11.7%

* Tax-to-GDP to be taken to 9.2% in FY23 against 8.6%

* The fiscal deficit is to be reduced to 4.9% in FY23 against 8.6%

* The primary surplus is expected at 0.19% in FY23 against a primary deficit of 2.4%

* Imports projected at $70bn in FY23 vs $76 billion

* Exports projected at $3 billion in FY23 vs $31.3 billion

* Remittances estimated at $33.2 billion vs $31.1 billion

* Current account deficit projected at 2.2% of GDP in FY23 versus 4.1% of GDP

* Total interest payment of Rs3,144 billion; domestic interest payment: Rs2,770 billion and external interest payment R373 billion

* Debt ceiling at 60% of GDP

* Overdue receivables of the petroleum sector are estimated at Rs284 billion, while next year’s allocation has been set at Rs71 billion

* Five-year tax holiday for film-makers, new cinemas, production houses

* Fixed income and sales tax on small retailers — to be collected with electricity bills

* 100% depreciation adjustment in the first year of operations for corporates and businesses

* Advance income tax at import stage to be made adjustable

* People having more than one immovable property worth more than Rs25 million will be assumed to have 5% rental income on market value, which will be taxed at 1% of this fair market value

* 15% capital gains tax on immovable property on one year holding period, reducing by 2.5% for every additional year

* Advance tax on filers to be increased to 2% from the previous 1% on purchase of property (non-filers: 5%)

* People/companies with income above Rs300 million to pay an additional 2% tax

* Increased advanced tax on autos above 1600cc

* Taxation increased on banks to 42% from the previous 39% (including super tax)

* Credit/debit card payments made outside the country to be taxed at 1% (filers) and 2% (non-filers), adjustable in full-year tax

* No sales tax on solar panels

* Annulment of sales tax on tractors, wheat, maize, sunflower, canola etc.

* Custom duty eliminated on agriculture machinery

* Custom duties rationalised on 400 items within the manufacturing sector

* Tariff rationalised on synthetic yarn (PSF)

* More than 30 pharma APIs free from custom duties

* 10% salary increase for government employees

* Pension increased to Rs530 billion