Foreign assets declared under amnesty immune from CVT Capital Value Tax (CVT) was levied by the federal government in 1989 on transactions relating to acquisition of... Published 20 Jun, 2022 07:25am
Budget 2021-22 Finance Bill 2022: Exemption to IPPs limited ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad Saturday informed the Senate Standing Committee on... Updated 19 Jun, 2022 09:00am
Print FBR chairman explains importance of increase in tax rates for salaried people Says issue involved in the taxation of the salaried class is not revenue generation, but reform of the income tax slabs Updated 19 Jun, 2022 07:58pm
Business & Finance IMF says Pakistan budget needs additional measures to meet goals ISLAMABAD: Additional measures will be needed to bring Pakistan's budget for FY2022-23 in line with the key... Updated 14 Jun, 2022 09:57am
Pakistan Tax relief extended to cars up to 1,000cc, says Tarin Finance minister says mobile phone calls longer than five minutes will now be taxed at Rs0.75 Announces reduction in tax rates for REITs and dairy sector Updated 25 Jun, 2021 03:51pm
Pakistan KPK govt presents Rs1.12trn budget for FY22 Chief Minister Mahmood Khan says coming fiscal year is one of resurgence and growth Minimum wage increased to Rs21,000, salaries of govt employees hiked Published 18 Jun, 2021 10:06pm
Pakistan Balochistan approves budget for FY22 after protests delay proceedings Session started hours after scheduled time due to protest by opposition Health allocated 23% higher amount, education receives negligible increase Updated 18 Jun, 2021 09:31pm
Pakistan Bilawal stresses on NFC Award, calls federal budget 'illegal' If the economy has improved, then the government should immediately opt out of the IMF's deal: PPP chairman Reacting to Bilawal's speech, energy minister Hammad Azhar challenges opposition to stay in the House and listen to the truth Updated 18 Jun, 2021 07:10pm
Pakistan Shehbaz comes down hard on govt's budgets After finally being able to deliver his speech, leader of opposition criticises govt for its 'fake' budgets Previous three National Assembly sessions were adjourned due to 'disorderly' behaviour Updated 17 Jun, 2021 07:21pm
Business & Finance Post-budget press conference: Murad says attention given to poverty alleviation Sindh presented Rs1.477 trillion budget for financial year 2021-22 on Tuesday Published 16 Jun, 2021 05:14pm
Business & Finance Federal budget pro-growth but food inflation remains concern, says think tank PRIME Institute calls for sustainable growth measures including increasing real incomes, employment Updated 16 Jun, 2021 04:11pm
Print Rs1.48trn Sindh budget proposes Rs25,000 minimum wage KARACHI: The Sindh government Tuesday presented Rs1.477 trillion budget for financial year 2021-22 with estimated... Updated 16 Jun, 2021 01:11pm
Pakistan Sindh announces Rs1.48 trillion budget for FY22 Chief Minister Syed Murad Ali Shah, who also holds portfolio of finance minister, starts budget speech amid ruckus from opposition Says provincial govt aims to create over 2,500 jobs in upcoming fiscal year Updated 15 Jun, 2021 05:39pm
Budget 2021-22 Punjab follows in the footsteps of centre • Rs2.653trn budget presented • Development outlay raised by record 66pc; Rs560bn reserved for ADP; Rs405bn tax... Updated 15 Jun, 2021 06:16pm
Budget 2021-22 What some of the budget measures mean Business Recorder helps break down some of the proposals that may impact you Published 12 Jun, 2021 09:24pm
Business & Finance Pakistan eyeing sustainable growth, says Tarin Focus to stay on protecting the most vulnerable and increasing dollar revenue Addressing post-budget press conference, finance minister says measures aimed at broadening tax base Updated 12 Jun, 2021 03:24pm
Budget 2021-22 Growth-focused budget: IMF acquiescence, not consent? • Rs8.49trn FY22 outlay is based on 4.8pc growth target and increased spending on public sector development • ... Published 12 Jun, 2021 06:04am
Budget 2021-22 Salient features of Budget 2021-22 Pakistan moves into the next fiscal year with a growth target of 4.8% in mind Several proposals hailed as positive for economy Published 12 Jun, 2021 05:10am
Business & Finance KP business community terms Budget FY22 balanced PESHAWAR: Business community here on Friday termed the federal budget for fiscal year 2021-22, as a 'balanced',... Updated 12 Jun, 2021 05:36am
Budget 2021-22 Around Rs506bn taxation measures unveiled ISLAMABAD: The government has taken measures of around Rs506 billion, including taxation measures of Rs264 billion... Published 12 Jun, 2021 05:04am
Budget 2021-22 17pc GST on sales via online marketplace ISLAMABAD: The sales of goods through an online marketplace have been subjected to 17 percent sales tax by... Published 12 Jun, 2021 05:04am
Budget 2021-22 Allocation for defence raised by 6.2percent ISLAMABAD: Allocation for defence for Fiscal Year 2021-22 has been raised by 6.2 percent, from Rs1.292 trillion in... Published 12 Jun, 2021 05:04am
Print Textile sector takes a dim view of FY22 budget KARACHI: The textile sector has termed the measures, announced by the government in the budget, as insufficient for ... Published 12 Jun, 2021 05:04am
Budget 2021-22 Disposal of cars prior to registration: Concept of additional tax to curb 'on money' introduced ISLAMABAD: The Finance Bill 2021-22 has introduced the concept of additional tax on disposal of vehicles prior to ... Published 12 Jun, 2021 05:04am
Budget 2021-22 Power subsidies raised by over 300pc ISLAMABAD: The federal government has increased power sector subsidies by over 300 percent to Rs 510 billion for... Published 12 Jun, 2021 05:04am
Pakistan Centre not giving promised money to provinces, claims PPPP ISLAMABAD: The Pakistan People's Party Parliamentarians (PPPP) information secretary Shazia Atta Marri said the... Published 12 Jun, 2021 05:04am
Budget 2021-22 Extremely generous Eidi? The budget 2021-22 can best be described as an extremely generous Eidi to the people of this country: 10 percent... Updated 12 Jun, 2021 01:43pm
Budget 2021-22 'Friendly' budget relies on industrial growth It is a confidence booster budget and the direction is right. Commerce and industrial policies are attempted to be... Published 12 Jun, 2021 05:04am
Business & Finance Federal Budget: Business community, political parties give mixed reaction KARACHI: Business community and political parties expressed mix reaction on third budget of PTI government for the... Updated 12 Jun, 2021 05:34am
Business & Finance Cut in CGT, deletion of WHT positive for capital market: analysts KARACHI: With the reduction in Capital Gains Tax to 12.5 percent and deletion of WHT, the Federal Budget for FY22 is... Published 12 Jun, 2021 05:04am