Trends - Budget 2024 25 - Business Recorder

Business & Finance

Budget FY25: IMC demands govt support local auto industry

ISLAMABAD: Chief Executive Indus Motor Company (IMC) Ali Asghar Jamali has said that the local auto industry is in...

Published 24 May, 2024 06:40am

Business & Finance

Budget 2024-25: Extra taxation will be avoided, FBR assures juice industry

ISLAMABAD: The Federal Board of Revenue (FBR) has assured the formal packaged juice industry that the government...

Updated 24 May, 2024 07:45pm

Print

Third-party projects under CPEC: PM orders MoFA to finalise modalities in a week

The PM is scheduled to visit China before presentation of federal budget 2024-25

Updated 24 May, 2024 02:29pm

Print

Many zero-rated items: FBR proposes standard rate of 18pc sales tax

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a standard rate of 18 percent sales tax on a wide range...

Updated 24 May, 2024 11:29pm

Opinion

Budgets 2024: thinking afresh

“Simplify taxes, reduce the cost of excessive documentation, open the economy for higher growth and employment,...

Updated 24 May, 2024 05:49am

Opinion

Primary surplus, fiscal deficit, over-board austerity policy, and existential threats

International Monetary Fund (IMF) wishes government to have primary surplus, which means that before paying interest...

Updated 27 May, 2024 07:12pm

Opinion

Privatisation of SOEs: a focus on PIA

Pakistan’s economy is confronting numerous challenges like fiscal deficits, low savings, limited investment, low...

Updated 23 May, 2024 05:55am

Print

Mid-year review: 77pc borrowing for financing fiscal deficit thru domestic sources: MoF

ISLAMABAD: The government has borrowed around 77 percent for financing of federal fiscal deficit through domestic...

Updated 23 May, 2024 09:22am

Print

FBR to issue uniform tax recovery rules in budget

ISLAMABAD: The Federal Board of Revenue (FBR) will issue uniform sales tax, income tax and federal excise recovery...

Updated 23 May, 2024 09:16am

Business & Finance

Budget proposals: OICCI for standardising GST rates and policies

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) in its taxation proposals for the upcoming...

Updated 23 May, 2024 09:19am

Editorials

GDP growth for the current year

EDITORIAL: Pakistan Bureau of Statistics (PBS) estimated Gross Domestic Product growth rate for the current year at...

Updated 23 May, 2024 05:46am

Print

Federal Budget: PM pledges more facilities for investors

Chairs first meeting of Economic Advisory Council

Updated 22 May, 2024 09:29am

Business & Finance

Budget proposals presented by KATI likely to be taken into consideration

KARACHI: The Korangi Association of Trade and Industry (KATI) have presented a comprehensive 72-page budget ...

Published 22 May, 2024 05:54am

Print

FY23-24: NAC approves 2.38pc GDP provisional growth

ISLAMABAD: The National Accounts Committee (NAC) has approved provisional growth of gross domestic product (GDP) at...

Updated 22 May, 2024 09:28am

Business & Finance

PBF for simplification of tax system

KARACHI: Pakistan Business Forum (PBF) has recommended the federal government to simplify the tax system to reduce...

Published 22 May, 2024 05:54am

Business & Finance

Trade, investment: PAK-USA Business Council of FPCCI sets roadmap for FY25

KARACHI: PAK-USA Business Council of FPCCI has set two-year roadmap to promote the investment, bilateral trade and...

Published 22 May, 2024 05:54am

Business & Finance

Budget 2024-25: PBC for documenting economy as per Indian model

ISLAMABAD: Pakistan Business Council (PBC) has strongly proposed Finance Minister Muhammad Aurangzeb to implement...

Published 21 May, 2024 03:39am

Opinion

IMF projections for FY2024-25

The IMF Staff Report on the Second and Final Review under the Stand-by Arrangement was released on the 10th of May...

Published 21 May, 2024 03:39am

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

Pakistan

‘Not an experiment’: At 59, Miftah Ismail is hoping for a sweet transition with political party launch

KARACHI: At 59, Dr Miftah Ismail can lead a sweet life. A little over 31% share in a company valued by stock market...

Updated 20 May, 2024 11:14am

Opinion

Flawed IMF programme design

The International Monetary Fund’s (IMF’s) analysis and prescriptions in the second and final review document...

Updated 20 May, 2024 06:19am

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

Editorials

State of the economy

EDITORIAL: The government reduced prices of petroleum and products significantly effective 16 May till the end of...

Updated 20 May, 2024 06:12am

Markets

Weekly Review: Cotton prices slightly down; yarn traders say seek a level playing field

KARACHI: The new season of cotton has partially begun. There has been an increase in the partial arrival of cotton...

Published 20 May, 2024 05:44am

Markets

PSX hits new highest-ever level

KARACHI: Pakistan Stock Exchange witnessed bullish trend and hit new highest ever level during the outgoing week...

Published 20 May, 2024 05:44am

Business & Finance

Hike in FED, GST on tobacco in budget: Shehla urges MPs, stakeholders to join efforts

ISLAMABAD: Member National Assembly Shehla Raza Friday asked the parliamentarians and stakeholders to join efforts...

Published 18 May, 2024 05:45am

Print

FATA, PATA regions: No law under study to grant tax relief: Aurangzeb

ISLAMABAD: Federal Minister for Finance Senator Muhammad Aurangzeb said there is no legislation under government...

Updated 17 May, 2024 09:07am

Print

Borrowings, mark-up payments: Policy rate hike pushed up FY23 cost

The expenditure on mark-up payments was Rs5,696 billion in fiscal year 2022-23 against Rs3,950 billion estimated in the budget

Updated 17 May, 2024 09:44am

Print

Immovable properties: Hike in advance tax on purchase likely

Taxation on real estate discussed during ongoing meetings between FBR and IMF

Updated 17 May, 2024 11:39am

Business & Finance

Budget: APCPC demands govt consult business community

ISLAMABAD: All Pakistan Chambers Presidents Conference (APCPC) threatened the government of rejecting the budget for...

Published 17 May, 2024 05:50am