Medium-term budget strategy The Federal Ministry of Finance has released the Medium-Term Budget Strategy Statement for the period, 2024-25 to... Published 06 Aug, 2024 06:40am
Business & Finance High capacity payments jeopardised economy: APTMA KARACHI: All Pakistan Textile Mills Association (Aptma) has held IPPs responsible for higher electricity tariff in... Published 02 Aug, 2024 05:55am
Editorials Stability to precede growth EDITORIAL: The Federal Minister for Finance, Muhammad Aurangzeb, while addressing the Karachi Chamber of Commerce ... Updated 01 Aug, 2024 07:43am
Markets SBP reduces key policy rate by 100bps, takes it to 19.5% Majority analysts expected cut, it was the quantum of reduction that had them divided Updated 29 Jul, 2024 07:42pm
Editorials The fast-eroding trust of taxpayers EDITORIAL: A multitude of tax revenue measures introduced in the FY25 budget are unraveling piece by piece. The... Updated 29 Jul, 2024 07:06am
Print Commodity traders say WHT to further fuel food inflation KARACHI: Commodities importers and wholesalers see the withholding tax as “reign of taxation” to unleash the storm... Updated 29 Jul, 2024 08:56am
Business & Finance Pakistan’s incidence of tax on salaried class 3 times higher than India’s: PBC A comparison... Published 27 Jul, 2024 06:16am
Business & Finance SBP widely seen cutting rates KARACHI: Central bank will likely cut its key interest rate again on Monday in its first policy meeting following ... Published 27 Jul, 2024 06:16am
Business & Finance Political turmoil, tax-laden budget: Businesses say Shehbaz govt ‘worse manager’ of economy: Gallup KARACHI: Calling the government of Prime Minister Shehbaz Sharif as ‘worse manager’ of the economy, the country’s... Updated 26 Jul, 2024 09:21am
Pakistan PBC apologies for mistake, now says Pakistan’s salaried class paying up to 3 times more tax than in India After posting a detailed chart showing how Pakistan’s salaried class is paying up to 9.4 times more tax than in... Updated 26 Jul, 2024 05:10pm
Print Despite Rs2.5tr expected surplus profit from SBP: ‘Fiscal space’ continues to elude Pakistan KARACHI: Despite the government estimating a surplus profit from the State Bank of Pakistan (SBP) at a record Rs2.5... Updated 25 Jul, 2024 11:38pm
Business & Finance FY25 budget: traders reject taxation measures PESHAWAR: Business community have rejected additional taxation measures in budget 2024-25 and stated that it has not... Published 24 Jul, 2024 05:59am
Pakistan Pakistan’s salaried group comes out on the streets, but after work hours Such is Pakistan’s salaried group protesting power that it took to the streets in Karachi at 5:30pm – after work... Published 24 Jul, 2024 12:44am
Opinion Provincial budgets for FY2024-25 The provincial budgets for 2024-25 have all been presented last month in the respective Provincial Assemblies.... Published 23 Jul, 2024 06:58am
Print KP to earn receipts of Rs90bn from oil and gas sectors PESHAWAR: The provincial government of Khyber Pakhtunkhwa will earn revenue amounting to Rs.89.8 billion in the... Updated 22 Jul, 2024 09:05am
Opinion IMF is here to stay The IMF and Pakistani authorities have reached a staff-level agreement on a 37-month Extended Fund Facility (EFF)... Updated 20 Jul, 2024 06:00am
Print FY24-25 to FY26-27: MoF cautions fiscal risks may affect MTBS forecasts ISLAMABAD: Finance Ministry has cautioned that fiscal risks may lead to potential threats or uncertainty in fiscal... Updated 20 Jul, 2024 09:24am
Business & Finance Govt decides to introduce T&T system for cotton, ginning industry ISLAMABAD: Federal Minister for Industry and Production, National Food Security and Research Rana Tanveer Hussain,... Updated 20 Jul, 2024 09:19am
Print Recurrent budget: MoF unveils strategy for release of funds ISLAMABAD: The Ministry of Finance has issued a strategy for the release of funds for the recurrent budget of the... Updated 19 Jul, 2024 08:54am
Print Govt to borrow Rs3.97trn in Q1 FY24 KARACHI: The federal government has planned to borrow Rs 3.97 trillion from the domestic banking sector during the... Updated 19 Jul, 2024 09:33am
Business & Finance ICMA details critical highlights, implications of federal budget KARACHI: Institute of Cost and Management Accountants (ICMA) has detailed the critical highlights and implications ... Updated 19 Jul, 2024 06:43am
Opinion Outlook for 2024-25 The last week’s article on outlook for 2024-25 by this writer in Business Recorder had focused on the projections... Updated 16 Jul, 2024 07:52am
Opinion Thoughts on the provincial budgets Khyber Pakhtunkhwa (KPK) budget was announced on 25 May, two and a half weeks before the federal budget was ... Updated 15 Jul, 2024 08:14am
Opinion Challenge of lower growth: IMF bailout insufficient The IMF Staff-Level Agreement (SLA) for $7 billion programme is done. However, that does not ensure revival of the... Updated 15 Jul, 2024 08:17am
Print MoF issues strategy for release of recurrent budget funds ISLAMABAD: The Finance Ministry on Friday issued strategy for release of recurrent budget funds for 2024-25 fiscal... Updated 13 Jul, 2024 09:39am
Print Development budget: FD unveils strategy for release of funds ISLAMABAD: The Finance Division has issued a strategy for release of funds for development budget for financial year... Updated 13 Jul, 2024 08:51am
Print Briefing to NA panel: New revenue measures won’t be withdrawn: FBR chief ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana Friday said new revenue measures taken in the... Updated 13 Jul, 2024 10:19am
Editorials Tax-to-GDP story EDITORIAL: Once again the tax-to-GDP ratio for the last fiscal clocked in at nine percent and, typically, once again... Updated 13 Jul, 2024 07:33am
Opinion FED on transfer of immoveable property “Accordingly CVT was abolished through the Finance Act 2010 as charge and levy of CVT became a provincial subject.... Updated 12 Jul, 2024 08:55am
Opinion Middle class on a spinning wheel Benjamin Franklin’s famous quote, “In this world, nothing can be said to be certain except death and taxes,”... Published 11 Jul, 2024 07:37am
