Trends - Budget 2024 2025 - Business Recorder

Budget 2024 2025

Interest costs to eat up 40pc of 2025 budget: Moody’s

Rating agency says government debt affordability in Pakistan will remain weaker than before the pandemic

Updated 19 Nov, 2024 04:38pm

Pakistan

Dr Gohar Ejaz urges govt to provide relief to salaried class

Former caretaker minister also advocates lowering key interest rate

Updated 05 Jul, 2024 04:45pm

Business & Finance

After fresh tax: milk in Pakistan becomes more expensive than in France

Milk prices in Pakistan surged by more than a fifth after a new tax was applied in the federal budget, making the...

Published 04 Jul, 2024 07:44pm

Pakistan

Pharma, healthcare sectors also reeling amid economic crisis

KARACHI: Pakistan’s economy and its people are facing a health crisis. With an economy burdened by high debt and...

Published 04 Jul, 2024 06:09am

Markets

KSE-100 sees resistance at 80,000, closes flat after over 1,250-point gain

The KSE-100 saw wild swings on Friday, crossing the 80,000 barrier with an over 1,250-point gain in the morning...

Updated 21 Jun, 2024 11:47pm

APTMA urges govt to revisit Finance Bill

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) expressing serious concerns over the FY25 budget stated...

Updated 21 Jun, 2024 09:15am

Pakistan

‘Economic terrorism’: NA opposition leader assails govt in budget debate

Omar Ayub says economic hitman made budget for FY2024-25

Updated 20 Jun, 2024 10:07pm

Pakistan

Fitch Ratings says Pakistan’s ‘ambitious’ budget strengthens IMF deal prospects

Believes tight policy settings may depress growth more than the government expects, reduces growth forecast to 3% for FY25

Updated 19 Jun, 2024 10:06pm

Pakistan

Govt eyes revenue boost, expenditure cut to revive economy: Aurangzeb

Finance minister says federal government will shut down parallel ministries or departments devolved to provinces

Updated 19 Jun, 2024 08:53am

Business & Finance

Fata, Pata: PALSP hails reduction in tax exemptions thru FY25 budget

ISLAMABAD: The measures taken by the government in budget 2024-25, especially gradual reduction in tax exemptions...

Published 16 Jun, 2024 02:40am

Pakistan

FY25: Sindh govt proposes up to 30% increase in salaries as CM Murad presents ‘balanced budget’

Chief minister, who also holds portfolio of finance, unveils Rs3.056 trillion budget for coming fiscal year
One-third of total budget pitched for development expenditure

Updated 14 Jun, 2024 10:58pm

Pakistan

Rs5.44trn Punjab budget presented

LAHORE: The Punjab government presented budget for financial year 2024-25 with a total outlay of Rs 5,446 billion in...

Published 14 Jun, 2024 06:31am

Business & Finance

Rs539bn financing to be provided to export sector thru SBP

KARACHI: The federal government has announced to provide a financing of Rs 539 billion to the exporters through ...

Published 13 Jun, 2024 06:22am

Markets

We protected the salaried class, says finance minister Aurangzeb after budget speech

Federal Minister for Finance and Revenue on Wednesday brushed off the impression that the government targeted the...

Published 13 Jun, 2024 12:03am

Pakistan

Budget 2024-25: Pakistan eyes over $20bn in external financing

Authorities in Islamabad have budgeted Rs5.685 trillion or over $20.3 billion to be acquired through external...

Published 12 Jun, 2024 10:20pm

Business & Finance

Fear comes alive: all salaried persons earning over Rs50k a month to bear higher taxation in FY25

Govt maintains number of tax slabs at 6 and exemption till Rs50,000, but increases tax liability for all other salary earners

Updated 12 Jun, 2024 10:15pm

Business & Finance

Access the Finance Bill 2024 here

Updated 12 Jun, 2024 09:35pm

Pakistan

Taxes galore: experts stress on promoting industrialisation, reducing expenditure

Finance Minister Muhammad Aurangzeb will announce budget proposals for the coming fiscal year in a short while...

Updated 12 Jun, 2024 05:32pm

Rs12trn tax collection target likely

Finance Bill 2024 to be revealed today

Updated 12 Jun, 2024 02:32pm

Business & Finance

‘IT industry demonstrates growth of -3.02pc owing to decline in telecommunication’

ISLAMABAD: The information and communication industry demonstrated growth of -3.02 per cent because of a decline in...

Published 12 Jun, 2024 06:51am

Pakistan

No sacred cows, no strategic SOEs, says Aurangzeb as he unveils Pakistan Economic Survey 2023-24

Pakistan missed its GDP growth target in outgoing fiscal year

Updated 11 Jun, 2024 11:48pm

Perspectives

The budget is around the corner, but there is no expectation of ‘out-of-box’ solutions

Analysts and followers expect govt to tax the groups that are already contributing with little to no hope on a widening tax net

Published 11 Jun, 2024 08:30am

Editorials

PM’s China visit ahead of FY2024-25 budget

EDITORIAL: Prime Minister Shehbaz Sharif-led delegation to China returned after a five-day visit and issued a press...

Published 11 Jun, 2024 03:17am

BSP faces delay amid pending IMF agreement

ISLAMABAD: Talks with the International Monetary Fund (IMF) for the next programme, with an agreement on targets...

Updated 11 Jun, 2024 09:13am

Pakistan

Govt to allocate Rs418.8bn to hydel, water projects

ISLAMABAD: The federal government has decided to earmark Rs 418.8 billion for 58 hydel and water sector projects/...

Updated 11 Jun, 2024 09:16am

Opinion

IMF estimates allocation as 1.72 percent of Gross Domestic Product

Updated 21 May, 2024 10:14am

Govt eyeing new steps to achieve Rs1trn plus taxation

Budget makers are considering further increasing difference of withholding tax rates between filers and non-filers of returns

Updated 20 May, 2024 07:05pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Budget 2024 2025

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