Pakistan may present budget early to secure IMF board approval, says Topline The signing of a Staff Level Agreement (SLA) between the Pakistani authorities and the International Monetary Fund... Updated 17 Mar, 2025 09:23pm
Markets Govt eyes insurance sector to diversify lending sources: Aurangzeb Finance Minister Muhammad Aurangzeb on Monday said the government seeks to diversify beyond the banking sector for... Updated 10 Mar, 2025 11:33pm
Opinion TPO: A test of reform Pakistan’s taxation and trade enforcement systems remain highly inefficient. The Federal Board of Revenue (FBR) has... Updated 04 Mar, 2025 06:58am
Opinion Divide between nominal vs real GDP The consolidated federal and provincial fiscal operations data for fiscal year 2024-25 assumes nominal Gross ... Updated 03 Mar, 2025 06:57am
Print MoE, affiliated depts: PD panel examines budget proposals for PSDP ISLAMABAD: A meeting of the Standing Committee on Energy (Petroleum Division) was convened on Thursday to examine... Updated 28 Feb, 2025 09:15am
Print Bun, rusk sales: FTO tells FBR to offer GST relief in budget ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to consider... Updated 27 Feb, 2025 09:24am
Pakistan Zardari advises PPP to wait until next budget LAHORE: President Asif Ali Zardari has advised Pakistan Peoples’ Party (PPP) parliamentary delegation to wait ... Published 26 Feb, 2025 06:30am
World Trump agenda faces reality check in Congress vote WASHINGTON: US President Donald Trump’s radical agenda on everything from immigration to tax reform faced a key... Published 25 Feb, 2025 10:48pm
Print Budget preparations commence in consultation with traders: Aurangzeb LAHORE: Federal Finance Minister Muhammad Aurangzeb on Sunday said that economic stability has been achieved and the... Updated 24 Feb, 2025 09:24am
Business & Finance Centre asked to reduce property transfer tax rates like KP govt PESHAWAR: Advisor to the KP Chief Minister on Finance and Inter Provincial Coordination (IPC) Muzammil Aslam said on... Published 04 Feb, 2025 06:29am
Opinion India’s budget: a forward thinking, citizen friendly approach to salaried class India Finance Minister Nirmala Sitharaman presented the Indian Union Budget in the Lok Sabha in Delhi on February 1,... Updated 04 Feb, 2025 07:10am
Print FY26 budget: Tax, non-tax revenue: 4 base categories identified ISLAMABAD: The budget circular for fiscal year 2025-26 calls for a new set of information to identify and tag green/... Updated 10 Jan, 2025 03:16pm
Business & Finance FBR invites proposals for budget FY2025-26 ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue field formations and business community to... Published 09 Jan, 2025 07:26am
Business & Finance Oman expects $1.6 billion budget deficit this year, state news agency reports DUBAI: Oman expects a 620 million rial ($1.61 billion) deficit in its 2025 budget, with total spending up 1.3% from... Published 02 Jan, 2025 01:26pm
Print Q1 figures revised: MoF posts Rs360bn cumulative provincial surplus ISLAMABAD: The Ministry of Finance has revised the fiscal operations’ figures for the first quarter (Q1) of the... Updated 16 Nov, 2024 09:29am
Print Macro-fiscal forecasts for budget: IMF asks govt to strengthen capacity of FD Notes that current organisation of the Finance Division is relatively fragmented and presents an obstacle to achieving a more strategic approach to budgeting Updated 16 Nov, 2024 09:08pm
Print Supplementary grants: IMF seeks to limit govt discretion ISLAMABAD: The International Monetary Fund (IMF) has asked Pakistan to initiate legal changes, required to limit the... Updated 16 Nov, 2024 09:08pm
Markets Pound set for worst weekly losses after budget jolt LONDON: The pound stabilised on Friday after a volatile few sessions, but still headed for its longest stretch of... Published 04 Nov, 2024 03:29am
Business & Finance 1.4pc of GDP: Q1 ends with Rs1.696trn budget balance ISLAMABAD: The government closed first quarter of current fiscal year 2024-25 with overall budget balance of Rs1.696... Published 01 Nov, 2024 06:51am
Business & Finance IMF cuts inflation forecast to 9.5pc: Aurangzeb ISLAMABAD: The International Monetary Fund has lowered its inflation forecast for Pakistan for the current year by... Published 01 Nov, 2024 06:51am
Business & Finance Proposed mini-budget rejected: Govt urged to slash power rates by 9pc LAHORE: The Federation of Pakistan Chambers of Commerce and Industry's top officials, Zakki Ejaz and SM Tanveer,... Published 18 Oct, 2024 07:43am
Business & Finance ‘Mini-budget possibility decreasing due to tax reforms’ KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen... Published 09 Oct, 2024 08:50am
World France’s debt weighs heavier ahead of budget debate PARIS: France’s vast public debt pile grew in the second quarter, official figures showed, as Prime Minister ... Published 30 Sep, 2024 07:06am
Print Senior economist says a ‘maxi budget’ will be unavoidable ISLAMABAD: With conventional foreign financing lines largely dry off and expecting a massive shortfall in revenue,... Updated 30 Sep, 2024 08:57am
Print Adverse impact of budget on refineries policy: PD and FBR preparing a viable solution ISLAMABAD: The Petroleum Division and the Federal Board of Revenue (FBR) are reportedly preparing a viable solution... Updated 23 Aug, 2024 09:24am
Opinion Budgetary outcome in 2023-24 The statistics on the outcome of fiscal operations by the federal and provincial governments in 2023-24 were ... Updated 13 Aug, 2024 07:40am
Editorials Another IMF precondition met EDITORIAL: Federal Finance Minister Muhammad Aurangzeb told reporters on the side-lines of the Senate Parliamentary... Published 08 Aug, 2024 06:22am
Opinion Medium-term budget strategy The Federal Ministry of Finance has released the Medium-Term Budget Strategy Statement for the period, 2024-25 to... Published 06 Aug, 2024 06:40am
Opinion Economy: durable solutions remain elusive The FY25 budget presents challenges for everyone, with few economic actors benefiting. Despite compromises due to... Updated 05 Aug, 2024 08:41am
Print FAs’ hiring, other tasks: Privatisation ministry seeks a budget of Rs8.169bn ISLAMABAD: The Ministry of Privatisation has sought a budget of Rs 8.169 billion for its privatisation-related... Updated 01 Aug, 2024 10:21am