Trends - Budget 2024 25 - Business Recorder

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Gross external financing needs: IMF lowers projection to $21.044bn

ISLAMABAD: The International Monetary Fund (IMF) has lowered the projection of Pakistan’s gross external financing...

Updated 11 May, 2024 08:41am

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Budgeted allocation for PSDP projects: Planning ministry authorises Rs507.98bn

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has authorised Rs507.98 billion (54...

Updated 11 May, 2024 09:45am

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11MFY24: KP PA passes over Rs1.360trn surplus budget

PESHAWAR: The provincial assembly of Khyber Pakhtunkhwa passed a surplus budget of Rs 1,360.37 billion for 11 months...

Updated 11 May, 2024 09:02am

Business & Finance

Plan presented to IMF: Rs1,080bn collection through PL

ISLAMABAD: The Government of Pakistan has presented a plan to the International Monetary Fund (IMF) for the...

Published 11 May, 2024 06:22am

Business & Finance

Commitment to IMF: Primary surplus of 1pc of GDP for FY25 aimed at

ISLAMABAD: Pakistan has committed to the International Monetary Fund (IMF) that the policy and reform effort started...

Published 11 May, 2024 06:22am

Business & Finance

Upcoming budget: Pakistan may impose Rs1.3trn additional taxes

KARACHI: For further negotiation with our global lenders for extended fund facilities, the multilateral and ...

Published 11 May, 2024 06:22am

Business & Finance

Finance Bill 2024: Activists call for increase in tobacco taxes

ISLAMABAD: Health activists have called for an immediate increase in tobacco taxes in Pakistan through Finance Bill...

Published 10 May, 2024 04:17am

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Sales tax on tractors, pesticides likely

ISLAMABAD: The federal government is likely to impose sales tax on tractors as well as pesticides during the...

Updated 10 May, 2024 08:57am

Business & Finance

HCSTSI President for pragmatic, precise FY2024-25 budget

HYDERABAD: Muhammad Farooq Shaikhani, President, Hyderabad Chamber of Small Traders & Small Industry, emphasized...

Published 09 May, 2024 03:11am

Pakistan

PPP likely to join federal cabinet soon

ISLAMABAD: There is a widespread perception that Pakistan People’s Party (PPP) will accept cabinet positions ...

Published 08 May, 2024 06:43am

Editorials

Tax targets for FY25

EDITORIAL: The first quarterly review report on the recently concluded Stand-By Arrangement (SBA) available on the...

Published 08 May, 2024 06:43am

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Erstwhile tribal areas: Tax, duty exemptions not to be extended beyond June 30

ISLAMABAD: The government has decided not to further extend the exemption from duties and taxes for the erstwhile...

Updated 08 May, 2024 09:19am

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2022-23 period: Army paid Rs100bn duties, taxes: DG ISPR

ISLAMABAD: Director General Inter-Services Public Relations (DG ISPR) Maj-Gen Ahmed Sharif on Tuesday said the...

Updated 08 May, 2024 09:18am

Opinion

Uncertain budgetary outcome in 2023-24

The outcome numbers on the fiscal operations for the first three quarters of 2023-24 have been released recently by...

Published 07 May, 2024 06:05am

Business & Finance

Services by provinces: Jul-Mar GST collection soars 23pc to Rs353.223bn YoY

ISLAMABAD: There has been an increase of 23 percent in the collection of sales tax on services (GST) by the ...

Published 07 May, 2024 06:05am

Business & Finance

Raising tobacco taxes: experts say significant progress made

ISLAMABAD: Pakistan has made significant progress in raising tobacco taxes with new recommendations of the World...

Updated 07 May, 2024 08:02am

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IMF says its mission to visit this month

KARACHI: An International Monetary Fund mission is expected to visit Pakistan this month to discuss a new programme,...

Updated 06 May, 2024 09:00am

Business & Finance

PIAF delegation meets minister: ‘Govt to take business-friendly initiatives for economic growth’

LAHORE: Federal Minister for Industries and Production Rana Tanveer Hussain has expressed the hope that the...

Updated 06 May, 2024 09:23am

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Budget 2024-25: SPDC proposes 37pc increase in FED on tobacco products

ISLAMABAD: The Social Policy Development Centre (SPDC) has proposed a 37 percent increase in Federal Excise Duty...

Updated 06 May, 2024 09:01am

Business & Finance

Budget FY25: minister says govt to frame new industrial policy

LAHORE: Federal Minister for Industry and Production, Rana Tanveer Hussain, said on Saturday that the government is...

Published 05 May, 2024 02:54am

Pakistan

Minister for increasing resources to serve people better

LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman emphasised the necessity of increasing the provincial...

Published 03 May, 2024 06:29am

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PM asks Aurangzeb to revise borrowing limit for provinces

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Finance Minister Muhammad Aurangzeb to revise borrowing limit...

Updated 03 May, 2024 09:26am

Markets

Budget proposals: PBC calls for mining FBR data to identify new taxpayers

The Pakistan Business Council (PBC), the country’s largest corporate sector advocacy platform, has urged the...

Updated 02 May, 2024 10:41pm

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Growing pressure on expenditures: Higher mark-up payments behind challenge: MoF

Total expenditures during July-February 2024 remained under pressure due to higher mark-up payments

Updated 01 May, 2024 04:36pm

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9MFY24: Fiscal deficit recorded at Rs3.902trn

ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine...

Updated 01 May, 2024 09:20am

Business & Finance

Finance Bill 2024: Policy Cell to compile IR budget proposals

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Policy Cell for compilation of Inland Revenue budget...

Published 01 May, 2024 04:14am

Business & Finance

IMF approves disbursement of $1.1bn loan tranche

ISLAMABAD: The Executive Board of the International Monetary Fund (IMF) on Monday approved the final tranche of $1.1...

Published 30 Apr, 2024 03:43am

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Budget preparation exercise to begin in first week of May

ISLAMABAD: The budget preparation exercise for the FY 2024-25 will be started from the first week of May 2024 at the...

Updated 30 Apr, 2024 08:43am

Business & Finance

HDF asks budget makers to introduce bold tobacco tax policy

ISLAMABAD: The Human Development Foundation (HDF) has asked the budget makers to introduce a bold tobacco taxation...

Published 30 Apr, 2024 03:43am

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Major shuffle in FBR ahead of budget preparation exercise

ISLAMABAD: In a major reshuffling before budget preparation exercise for 2024-25, the Federal Board of Revenue (FBR)...

Updated 27 Apr, 2024 09:02am