Papua New Guinea's Department of Treasury has published documentation for the 2024 National Budget, which was delivered in parliament on 28 November 2023. The main tax (revenue) measures of the budget include: The increase in the personal income tax tax-free threshold to PGK 20,000 is made permanent, which effectively abolishes the 22% tax rate (as part of the Budget 2023, the threshold was temporarily increased from PGK 12,500 to PGK 20,000); and The dependent rebates for personal income tax purposes are repealed; The Second Tier Tobacco Excise Regime is made permanent from 2024 to continue to address illicit tobacco trade...