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budget proposals

Export growth: MoC angry with MoF for ignoring its budget proposals

ISLAMABAD: The Commerce Ministry on Wednesday showed its wrath against the Finance Ministry for not making its...

Updated 04 Jul, 2024 03:05pm

Pakistan

Budget 2024-25: a mixed bag for Pakistan’s climate change efforts

Pakistan’s Finance Minister Mohammad Aurangzeb, in his budget 2024-25 speech, said Pakistan faces dangers due to the...

Updated 27 Jun, 2024 09:59pm

Perspectives

Protests in Kenya have a lesson for Pakistan, but is the govt listening?

At least 10 protesters were killed during protests, and a section of parliament went up in flames as demonstrations...

Published 27 Jun, 2024 08:51pm

Business & Finance

‘FPCCI, Senate budget proposals deserve serious consideration’

KARACHI: Chairman of FPCCI Policy Advisory Board and National Business Group Pakistan, Mian Zahid Hussain on...

Published 27 Jun, 2024 06:52am

Business & Finance

Export sector rejects removal from FTR

KARACHI: Export sector has categorically rejected budget proposals, particularly removal of exporters from fixed tax...

Published 17 Jun, 2024 05:30am

Business & Finance

SCCI urges govt to review budget proposals

PESHAWAR: President, Sarhad Chamber of Commerce and Industry Fuad Ishaq said the government has attempted to present...

Published 13 Jun, 2024 06:22am

Business & Finance

Rs75bn allocated for AJK, GB, Rs64bn for tribal districts

Finance minister Muhammad Aurangzeb says fifty billion rupees are set aside for the production sector including agriculture

Updated 12 Jun, 2024 10:30pm

Business & Finance

Budget proposals: PHMA demands govt lay focus on law and order

KARACHI: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) has set forth scores of propositions for...

Published 12 Jun, 2024 06:51am

Perspectives

The budget is around the corner, but there is no expectation of ‘out-of-box’ solutions

Analysts and followers expect govt to tax the groups that are already contributing with little to no hope on a widening tax net

Published 11 Jun, 2024 08:30am

FD agrees to provide Rs1.2trn for FY25 PSDP

ISLAMABAD: The Finance Division has agreed to provide Rs1.2 trillion for the next fiscal year Public Sector...

Updated 08 Jun, 2024 08:53am

Markets

Budget 2024-25: PSX proposes tax reforms to boost capital market

The Pakistan Stock Exchange (PSX) on Wednesday submitted its proposals to the government for the upcoming budget,...

Published 05 Jun, 2024 09:50pm

Budget proposals: OICCI calls for abolishing advance tax on telecom subscribers

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has recommended the government to abolish...

Updated 26 May, 2024 09:12am

‘Carbon Tax’ on POL products: PM rejects major FBR budgetary proposals

ISLAMABAD: Prime Minister Shehbaz Sharif has rejected two major budgetary proposals of the Federal Board of Revenue...

Updated 25 May, 2024 08:27pm

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

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

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

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

NTC chief asks KCCI to submit details of all issues, budget proposals

KARACHI: Chairman National Tariff Commission (NTC) Naeem Anwar, after listening to the grievances being faced by the...

Published 23 Apr, 2024 03:41am

Business & Finance

IT, ST-related budget proposals sought

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue field formations to submit income tax and...

Published 23 Feb, 2024 06:36am

KP govt approves another 4-month budget estimate

PESHAWAR: The provincial cabinet of Khyber Pakhtunkhwa approved another budget estimate of Rs529 billion for the...

Updated 27 Oct, 2023 09:26am

Business & Finance

Budget 2023-24: incentives fail to entice stakeholders in IT sector

Say measures are insufficient to raise exports substantially

Published 10 Jun, 2023 01:43am

Business & Finance

Budget 2023-24: price of imported used cars over 1,300cc to get expensive

The government has withdrawn the cap of fixed duties and taxes on the import of old and used vehicles of ‘Asian...

Published 10 Jun, 2023 01:21am

Business & Finance

On digital payments: services tax on restaurants in ICT reduced in federal budget

Under the ICT (tax on services) Ordinance, 2001, the government of Pakistan proposed to reduce services tax on...

Updated 09 Jun, 2023 07:35pm

Pakistan

How experts view the upcoming budget announcement

Business Recorder reaches out to experts to know their expectations for budget

Updated 09 Jun, 2023 05:22pm

Pakistan

There will be no winners, say experts ahead of budget announcement

Trapped in economic crisis coupled with political instability and lingering IMF programme, govt seems to have its hands tied

Updated 07 Jun, 2023 08:35pm

Budget proposals: PM chairs meeting on IT, telecom sectors

ISLAMABAD: Prime Minister Shehbaz Sharif chaired a high-level meeting on budget proposals regarding IT and telecom...

Updated 07 Jun, 2023 09:07am

PM for making energy sector reforms part of budget

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday chaired a high-level meeting to discuss budget proposals...

Updated 07 Jun, 2023 09:11am

Business & Finance

You don’t need AI to predict Dar’s budget speech. This is how it will likely go

Finance Minister Ishaq Dar is scheduled to announce the budget proposals this Friday. He last announced the budget...

Updated 06 Jun, 2023 11:59pm

PM takes coalition partners on board over PSDP

ISLAMABAD: Prime Minister Shehbaz Sharif chaired a high-level meeting on Monday to consult coalition parties for the...

Updated 06 Jun, 2023 08:48am

Pakistan

Budget FY24: govt could take steps ‘to appease public’, says Topline

Facing massive political pressure, the government could take steps “to appease the public” in the upcoming budget...

Published 03 Jun, 2023 06:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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