Trends - Budget 2024 25 - Business Recorder

Business & Finance

Budget proposals: KCCI demands out-of-box solutions to save nose-diving economy

KARACHI: High rate of inflation has pushed the prices of consumer goods and commodities to a level where these are...

Published 17 May, 2024 05:50am

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Juices, cigarettes prime focus: Govt plans to rationalise FED regime in budget

ISLAMABAD: The government is planning to rationalise Federal Excise Duty (FED) regime in the coming budget with...

Updated 16 May, 2024 09:26am

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Development budget, PSDP: PM directs setting up of Ahsan-led panel

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that a cabinet committee to be headed by the Minister for...

Updated 16 May, 2024 09:02am

Business & Finance

SPARC says seeks increased taxation on cigarettes

ISLAMABAD: Society for the Protection of the Rights of the Child (SPARC) has proposed Federal Board of Revenue (FBR)...

Published 16 May, 2024 06:28am

Business & Finance

All services under PRA will be brought under tax net: Minister

LAHORE: In order to facilitate the documentation of the economy in Punjab, all services under the Punjab Revenue...

Published 16 May, 2024 06:28am

Business & Finance

Import of black tea: Govt decides to revise structure of duties, taxes

ISLAMABAD: The government has decided to revise duties and taxes structure on the import of black tea in coming...

Published 16 May, 2024 06:28am

Editorials

Political uncertainty or just bad economics?

EDITORIAL: The refrain that political uncertainty is exacerbating the economic impasse due to inconsistent policies,...

Published 16 May, 2024 06:28am

Business & Finance

H1: Fiscal deficit increases to 2.3pc of GDP

KARACHI: Fiscal deficit increased to 2.3 percent of GDP in the first half of FY24 from 2.0 percent in the same ...

Published 15 May, 2024 05:47am

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

Business & Finance

H1FY24: Services sector posts a meagre growth of 0.5pc

KARACHI: Not withstanding robust agriculture growth and a moderate recovery in LSM during the second quarter of ...

Published 15 May, 2024 05:47am

Business & Finance

H1FY24: Contained CAD, better inflows help improve external account

KARACHI: Pakistan’s external account improved in the first half of FY24, as current account deficit (CAD) remained...

Published 15 May, 2024 05:47am

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FBR proposes Rs1.3trn new taxation measures

Chalks out plan including additional taxes, withdrawal of exemptions and zero-ratings and taxation of real estate/retail sectors

Updated 15 May, 2024 10:44am

Business & Finance

NGO for tax reforms in cigarette manufacturing sector

ISLAMABAD: Capital Calling, an Islamabad-based think tank, has pointed out that cigarette manufacturing is one of ...

Published 15 May, 2024 05:47am

Business & Finance

Q2 of FY24: Industrial production records contraction for 4th consecutive quarter

KARACHI: The industrial production recorded contraction for the fourth consecutive quarter in the second quarter of...

Published 15 May, 2024 05:47am

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Finance Div earmarks Rs573.9m provisional IBCs for FY24-25

ISLAMABAD: Finance Division has reportedly earmarked Rs 573.915 million Provisional Indicative Budget Ceilings...

Updated 14 May, 2024 09:34am

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NA budget session to commence on June 6

ISLAMABAD: The ongoing National Assembly session will discuss the proposals regarding the coming budget session for...

Updated 14 May, 2024 09:11am

Business & Finance

PSMA Punjab chief says govt required to play the role of ‘facilitator’ for industry

LAHORE: Pakistan Sugar Mills Association (PSMA) Punjab Chairman and leading industrialist Chaudhry Zaka Ashraf has...

Published 14 May, 2024 05:18am

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IK says will not flee ‘like Zardari, Nawaz’

ISLAMABAD: The incarcerated Pakistan Tehreek-e-Insaf (PTI) founding chairman, Imran Khan, on Monday said that he...

Updated 14 May, 2024 08:56am

Business & Finance

IMF briefed about tax gap, revenue collection position

ISLAMABAD: The Federal Board of Revenue (FBR) Monday briefed the International Monetary Fund (IMF) on the existing...

Published 14 May, 2024 05:18am

Business & Finance

Call to raise tobacco taxes up to 70pc to minimise consumption

ISLAMABAD: Malik Imran Ahmed, country head of “The Campaign for Tobacco Free Kids” (CTFK) has urged the...

Published 14 May, 2024 05:18am

Pakistan

Speaker summons parliamentary leaders’ meeting today

ISLAMABAD: National Assembly Speaker Sardar Ayaz Sadiq has called a meeting of parliamentary leaders on Monday at...

Published 13 May, 2024 06:08am

Opinion

Growth model needs to be long term

Pakistan has never achieved impressive growth rates in its history with the highest rate (average) achieved in the...

Published 13 May, 2024 06:08am

Opinion

Tax reforms: Aurangzeb has a difficult road ahead

Reportedly, the IMF expects FBR tax revenues to grow by over 30 percent in the upcoming fiscal year (FY25). However,...

Published 13 May, 2024 06:08am

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Aurangzeb spells out priorities

Says improving tax-to-GDP ratio, fast privatisation of state-owned enterprises and overhauling energy sector are priorities of the government

Updated 13 May, 2024 10:12am

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Ali Pervez will join team: Aurangzeb

LAHORE: Pakistan Muslim League-Nawaz (PML-N) leader Ali Pervez Malik MNA is joining the government economic team....

Updated 13 May, 2024 11:17am

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FPCCI seeks comprehensive tax reforms

LAHORE: To address the issue of tax collection, Federation of Pakistan Chambers of Commerce and Industry (FPCCI)...

Updated 13 May, 2024 09:03am

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Economist urges broader reforms in tax administration

LAHORE: Former Finance Minister Dr Hafiz A Pasha has expressed the hope that Pakistan might achieve 13 percent tax...

Updated 13 May, 2024 09:04am

Business & Finance

TEVTA forms panel for regularisation of ad hoc employees

PESHAWAR: The Board of Directors (BoD) of the Technical Education and Vocational Training Authority (TEVTA) Khyber...

Published 13 May, 2024 06:08am

Editorials

Taxation: maybe we need a rethink

EDITORIAL: The IMF (International Monetary Fund) may ask the government to enhance the tax collection to reach 13...

Published 13 May, 2024 06:08am

Business & Finance

Cigarettes: Experts for gradual implementation of uniform FED rate

ISLAMABAD: Health experts have strongly recommended gradual implementation of a uniform Federal Excise Duty (FED)...

Published 12 May, 2024 03:09am