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
Print 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
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
Print 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
Print 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 Budget: rationalise taxation On the eve of another ritual exercise of announcing federal budget, official date has yet to be finalised, expected... Published 07 Jun, 2024 06:24am
Print Budget proposals: OICCI calls for abolishing advance tax on telecom subscribers ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended the government to abolish... Updated 26 May, 2024 09:12am
Print Federal Budget on June 7th ISLAMABAD: The federal government will present the budget for the next financial year 2024-25 in the National... Updated 21 May, 2024 10:58am
Print IMF projects FY25 defence budget at Rs2.152trn IMF estimates allocation as 1.72 percent of Gross Domestic Product Updated 21 May, 2024 10:14am
Print 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
Business & Finance IT services exporters: P@SHA proposes taxation reforms KARACHI: Pakistan Software Houses Association (P@SHA), has apprised that the unanimous and representative budgetary... Published 15 May, 2024 05:47am