Trends - Dr. Abdul Hafeez Shaikh

Dr. Abdul Hafeez Shaikh

IT (2nd Amend) Act 2021: Withdrawal of fiscal concessions to damage investor confidence: PBC

KARACHI: With reference to the draft Income Tax (Second Amendment) Act 2021, which is being extensively discussed in...

Published 20 Mar, 2021 04:39am

Hafeez describes it as ‘a good development’

ISLAMABAD: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh Tuesday said that the staff-level...

Updated 17 Feb, 2021 09:32am

Almost Rs2 hike allowed in KE tariff

ISLAMABAD: The Federal Government has decided to increase tariff by Rs 1.95/ kWh for consumers of Karachi Electric...

Published 02 Feb, 2021 04:29am

Opinion

Restructuring the tax system — II

The PTI Government showed lack of political will to reduce exemptions, concessions, waivers and immunities to the...

Published 23 Jan, 2021 03:56am

Pakistan

Privatization commission directed to accelerate implementation process of contracts

He directed the commission to present the plan in this respect before the Cabinet Committee on Privatization (CCoP) within a week to proceed further.

Published 05 Jan, 2021 12:10am

Pakistan

PM for continuity of steps to ensure reduction in prices of daily use items

The prime minister was apprised of the reduction in prices of sugar and flour, besides the positive effects of substantial price reduction of potato, onion and chicken.

Published 31 Dec, 2020 12:57am

Pakistan

Govt striving to provide relief to masses: Shibli

“The economic situation was discussed in detail, despite the challenge of coronavirus, economic indicators are positive,”

Published 17 Dec, 2020 07:16pm

Pakistan

Hafeez Shaikh lauds provinces for controlling prices, directs for action against hoarders

He also briefed that the prices of 13 essential items have registered a decline whereas the price of 21 items has remained stable.

Published 07 Dec, 2020 03:26pm

Pakistan

Hafeez chairs FBR Policy Board meeting, stresses for evaluating customs clearance time

The adviser was chairing the fourth meeting of the FBR Policy Board held at the FBR Headquarters here, according to press statement issued by the Finance Ministry.

Published 03 Dec, 2020 05:19pm

Pakistan

PTI incurred 48pc less external liabilities than PML-N: Hafeez

The external debt serviced (principal + interest) stood at $16.7 billion in PML's period whereas it stood at $29.7 billion during the PTI's tenure of nine quarters under review.

Published 14 Nov, 2020 08:44pm

Pakistan

PM approves increase in number of Ehsaas Kafaalat programme beneficiaries

The decision was taken during a preparatory meeting chaired by the prime minister on Ehsaas Kafaalat programme, PM office media wing in a press release said.

Published 14 Nov, 2020 08:29pm

Markets

NPCs to open up attractive investment opportunities: Hafeez Shaikh

He emphasized the incumbent government under the leadership of Prime Minister Imran Khan was making effective efforts to resolve all the inherited economic woes of Pakistan.

Published 12 Nov, 2020 11:23pm

Markets

Hafeez appreciates China for unwavering support in testing times

He was talking to Chinese Ambassador to Pakistan, Nong Rong who called on him here, according to press statement issued by the Finance Ministry.

Published 05 Nov, 2020 11:25pm

Hafeez Shaikh holds virtual meeting with IMF, WB

The World Bank appreciated the reform agenda of the present Government and reiterated commitment to support Pakistan through IDA 2020, during COVID-19 crisis.

Published 22 Oct, 2020 11:48pm

Pakistan

Hafeez Shaikh chairs FBR policy board meeting

Adviser Finance directed that the Policy Board may also look into important issues that need special attention of the Government regarding tax collection and trade management.

Published 22 Oct, 2020 11:30pm

Pakistan

Hafeez stresses for drastic measures to curb inflation

The Advisor also directed the Chief Secretaries to minimize price disparity by streamlining the release of wheat at regular intervals to avoid profiteering.

Updated 12 Oct, 2020 08:50pm

Pakistan

Hafeez Shaikh briefed on ERP software

The Country Director briefed the Adviser Finance on the operations of the Company and how it is providing services in 180 countries of the world.

Published 02 Oct, 2020 07:54pm

Markets

Govt to follow macroeconomic fundamentals for inclusive growth: Hafeez

He also emphasized on active role of the coordination board for designing policies to address economic challenges like inflation, stagnant exports, resource mobilization etc.

Published 24 Sep, 2020 06:39pm

Pakistan

Measures taken to ensure availability of wheat, flour throughout year: Hafeez Shaikh

He said the provincial authorities planned to procure another 300,000 tonnes of wheat from the PASSCO for which they were already in touch with the body.

Updated 17 Aug, 2020 08:39pm

Pakistan

Govt inherits huge financial crisis from previous regimes: Dr Hafeez

The Pakistan Tehreek-e-Insaf (PTI) government had efficiently reduced the expenditures by adopting austerity measures, he said talking to a private news channel.

Published 08 Jul, 2020 11:22pm

Business & Finance

Executive Summary of the Economic Survey 2019-20

The Pakistan Economic Survey 2019-20 consists of major economic indicators such as Growth and Investment, Agriculture, Manufacturing and Mining , Fiscal Development, Money and Credit , Capital Markets & Corporate Sector, Inflation, Trade and Payments , Pu

Updated 12 Jun, 2020 02:22am

Coronavirs hits hard, brings GDP down to negative 0.38pc in FY2020: Hafeez

The primary balance had witnessed a remarkable turnaround as it had posted a surplus of Rs. 193.5 billion during July-March FY2020 against a deficit of Rs. 463.3 billion last year.

Published 11 Jun, 2020 05:48pm

Pakistan

Govt considering budget proposals of business community: Hafeez Shaikh

He said that the government would continue to cooperate with the business community to boost businesses, generate employment opportunities and promote economic development in the country.

Published 08 Jun, 2020 05:37pm

Pakistan

Gov’t to ensure targeted disbursement of agriculture package: Hafeez Shaikh

The disbursement of the package directed to the farmers and crop growers remained a key objective of the government, said a press statement.

Published 08 Jun, 2020 05:31pm

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

Markets →

Budget 2024-25: income tax calculator for FY25

Dr. Abdul Hafeez Shaikh

Most Popular