Trends - Budget FY 2024 25 - Business Recorder

Opinion

The issue of trust deficit

Amidst protests by the opposition, Finance Minister Muhammad Aurangzeb rolled out with relative calm the national...

Updated 15 Jun, 2024 07:20am

Opinion

Budget FY25: a sure recipe for stagflation?

The Federal Budget 2024-2025, in our opinion, is a simple recipe for stagflation: persistent high inflation combined...

Updated 15 Jun, 2024 07:26am

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FBR chief issues warning to businesses refusing credit, debit cards payments

Says sealing of business premises would be based on three daily complaints or five weekly complaints from customers

Updated 15 Jun, 2024 06:54pm

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Rs3trn Sindh budget envisages Rs77bn new taxes

KARACHI: Chief Minister Sindh Syed Murad Ali Shah on Friday announced a budget of Rs3.056 trillion for the fiscal...

Updated 15 Jun, 2024 02:22pm

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Rs300bn tagged for healthcare sector

KARACHI: Sindh government has earmarked Rs. 300 billion for health sector against Rs. 227.8 billion last year with...

Updated 15 Jun, 2024 02:24pm

Print

Sindh earmarks Rs959bn for development expenditures

KARACHI: The Sindh government has earmarked a huge amount of Rs 959 billion for the development expenditures during...

Updated 15 Jun, 2024 04:17pm

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Rs8bn tagged for ‘Haari cards’

KARACHI: The Sindh government has allocated Rs 8 billion in the next fiscal year budget for “Haari Card” to provide...

Updated 15 Jun, 2024 08:49am

Print

Moody’s points out weak debt affordability

ISLAMABAD: The government spends more than half of its revenue on interest payments, indicating very weak debt...

Published 15 Jun, 2024 06:57am

Business & Finance

KATI president highlights ‘lack’ of facilities, incentives for industrial sector in budget

KARACHI: The President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has voiced strong...

Published 15 Jun, 2024 06:57am

Pakistan

Punjab proposes Rs9bn for livestock, dairy development projects

LAHORE: The Punjab government has proposed a sum of over Rs 9 billion for livestock and dairy development projects...

Published 15 Jun, 2024 06:57am

Pakistan

PDP leader says federal budget won’t help improve economy

KARACHI: This budget like the previous ones is also dictated by the International Monetary Fund (IMF) and it would ...

Published 15 Jun, 2024 06:57am

Business & Finance

FY2023-24: Punjab Pension Fund likely to earn net return of Rs31bn

LAHORE: The Punjab Pension Fund (PPF) is expected to earn a net return of Rs31 billion in FY 2023-24, and the assets...

Published 15 Jun, 2024 06:57am

Business & Finance

Finance Bill: New steps to trigger mass exodus of foreign investment: Telecom industry

ISLAMABAD: Telecom industry has warned the government that new measures proposed in the finance bill would trigger a...

Published 15 Jun, 2024 06:57am

Pakistan

Pakistan’s tax-heavy budget likely to land IMF bailout, but stoke tensions

ISLAMABAD: Pakistan’s plan to raise taxes in its 2024-25 budget and boost state revenues will help it win approval...

Updated 14 Jun, 2024 09:33pm

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

Markets

KSE-100 settles at new record high as bulls continue to dominate

Benchmark index settles at 76,706.77 after gain of 499 points

Updated 14 Jun, 2024 06:43pm

Pakistan

Formation of 40 standing bodies approved

ISLAMABAD: Following the presentation of the budget for the fiscal year 2024-25, a circular for the formation of 40...

Published 14 Jun, 2024 07:41am

Pakistan

‘Federal budget will bring no change in common man life’

KARACHI: Pasban Democratic Party (PDP) Chairman Altaf Shakoor while commenting on the federal budget said honestly...

Published 14 Jun, 2024 07:36am

Pakistan

Opposition denounces Punjab budget

KARACHI: In a turbulent session, the Punjab Assembly witnessed a dramatic rejection of the proposed budget for the...

Published 14 Jun, 2024 06:31am

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

Pakistan

Rs842bn allocated for ADP

LAHORE: The Punjab government has allocated an amount of Rs842 billion for the Annual Development Programme...

Published 14 Jun, 2024 06:31am

Markets

Bulls return to PSX in big way on FY25 Budget

KARACHI: Pakistan Stock Exchange warmly welcomed the federal budget for FY2024-25 and made new history as the...

Published 14 Jun, 2024 06:31am

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Aurangzeb vows to raise tax-to-GDP ratio to 13pc

ISLAMABAD: Finance Minister Muhammad Aurangzeb, Thursday, defended taxation measures taken in the budget for the...

Updated 14 Jun, 2024 09:14am

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Punjab’s debt stock may stand at Rs1.685trn at June-end

LAHORE: At the end of June 2024, debt stock of the Punjab government may stand at Rs. 1,685 billion, out of which...

Updated 14 Jun, 2024 09:00am

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Punjab to get Rs3.683trn from Federal Divisible Pool

LAHORE: The Punjab government has estimated to receive an amount of Rs 3683,103.227 million from Federal Divisible...

Updated 14 Jun, 2024 09:14am

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Incentives to deserving classes: Ogra, ministry asked to elucidate mechanism

ISLAMABAD: The Senate Standing Committee on Finance has directed the Oil and Gas Regulatory Authority (Ogra) to find...

Updated 14 Jun, 2024 09:21am

Business & Finance

‘Federal budget appears to be more politically driven’: HCST&SI

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

Published 14 Jun, 2024 06:31am

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Senate panel informed: Upto Rs6trn tax leakage taking place annually

Finance Minister Muhammad Aurangzeb says massive tax leakage can be effectively checked through enforcement of tax laws

Updated 14 Jun, 2024 09:26am

Business & Finance

APTMA assails FY25 budget

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has voiced severe concerns regarding the FY25 budget...

Published 14 Jun, 2024 06:31am

Business & Finance

‘IT industry’s budgetary proposals completely overlooked’

ISLAMABAD: The information technology industry’s budgetary proposals were completely overlooked, despite repeated...

Published 14 Jun, 2024 06:31am