Trends - federal budget 2023 24

federal budget 2023 24

Base power tariff hike: PD yet to secure cabinet’s nod

ISLAMABAD: The Power Division has reportedly not yet secured the federal cabinet’s nod for an increase in the base...

Updated 18 Jul, 2023 09:38am

Business & Finance

LCCI holds seminar on federal budget 2023-24

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) held a significant seminar titled “Post Budget ...

Published 07 Jul, 2023 05:24am

Editorials

Revised budget: a detailed anatomy

EDITORIAL: Federal budget 2023-24 was passed by the National Assembly on Sunday without any meaningful discussion on...

Published 27 Jun, 2023 06:15am

Pakistan

Flood relief: PPP leaders say they’re in talks with coalition partners

ISLAMABAD: Pakistan People’s Party (PPP) said that since the federal budget was announced almost two weeks ago, ...

Published 22 Jun, 2023 05:45am

Business & Finance

Balochistan govt presents Rs750 billion budget for 2023-24

Rs437 billion have been allocated for non-development expenditure

Updated 19 Jun, 2023 10:39pm

Ahsan responds to Bilawal: ‘Don’t criticise govt in political rallies’

KARACHI: A day after PPP Chairman Bilawal Bhutto-Zardari rejected the recently unveiled budget, Planning Minister...

Updated 19 Jun, 2023 09:12am

Pakistan

Federal Budget: BAP Senator for addressing plight of Baloch people

ISLAMABAD: Balochistan Awami Party (BAP) Senator Danesh Kumar has said that the plight of the people of Balochistan...

Published 16 Jun, 2023 06:27am

Business & Finance

Finance bill: FBR sets up two ‘anomaly committees’

ISLAMABAD: After the presentation of federal budget 2023-24, Federal Board of Revenue (FBR) Chairman Asim Ahmad has...

Published 14 Jun, 2023 06:21am

Business & Finance

10-year tax holiday a must to realise IT export potential of $15bn: P@SHA

ISLAMABAD: The country is unlikely to realise the information technology export potential of $ 15 billion within the...

Published 14 Jun, 2023 06:21am

Pakistan

Opposition describes federal budget as ‘mere fudging of figures’

ISLAMABAD: The opposition on Monday dismissed the new federal budget as “mere fudging of figures and gross...

Published 13 Jun, 2023 06:00am

Pakistan

Budget places emphasis on ‘growth-inducing’ sectors: PM Shehbaz

Says procurement of crude oil from Russia is part of energy security plan

Published 12 Jun, 2023 03:56pm

Business & Finance

FPCCI chief says govt’s 3.5pc GDP growth target unrealistic

LAHORE: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Irfan Iqbal Sheikh on Saturday...

Published 11 Jun, 2023 03:55am

Business & Finance

Federal budget 2023-24 in graphs

The government of Pakistan announced the budget for 2023-24 on Friday. Business Recorder takes a look at the budget...

Published 10 Jun, 2023 06:03pm

Pakistan

Riba: JI says Dar has failed to keep his word

ISLAMABAD: Jamaat-e-Islami (JI) Pakistan Chief Sirajul Haq, Friday, criticising the federal budget 2023-24, ...

Published 10 Jun, 2023 05:01am

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

Market view: how will the budget impact businesses?

Flanked alongside his coalition partners, Finance Minister Ishaq Dar on Friday announced the budget for the fiscal...

Published 10 Jun, 2023 12:03am

Business & Finance

Key highlights of budget 2023-24

Business Recorder takes a look at key points

Updated 10 Jun, 2023 01:14am

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

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

Govt shares some details of federal budget with IMF

IMF says its staff look forward to furthering discussions to identify spending and revenue measures that can strengthen debt sustainability prospects

Updated 06 Jun, 2023 11:23am

ECC approves over Rs33bn grants 3 days ahead of budget

ISLAMABAD: A meeting of the Economic Coordination Committee (ECC) of the Cabinet has approved over Rs33 billion...

Updated 06 Jun, 2023 08:47am

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

Business & Finance

Federal budget to be made keeping all constraints in view: Ishaq Dar

Says government will try to provide as much relief to public as possible

Updated 30 May, 2023 11:33pm

RRMC advocates extending income tax exemption to REITs

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.90 ▲ 0.79 (11.11%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.75 ▲ 0.66 (10.84%)
Cresent Jute / Dec 18 Crescent Jute Products Limited(CJPL)	5.24 ▲ 0.48 (10.08%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)

Stock	Price
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
Chakwal Spinning / Dec 18 Chakwal Spinning Mills Limited(CWSM)	48.35 ▼ -5.37 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.12 ▼ -3.23 (-9.98%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	332.06 ▼ -36.16 (-9.82%)
Hafiz Ltd. / Dec 18 Hafiz Limited(HAFL)	199 ▼ -20.05 (-9.15%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	51 ▼ -4.95 (-8.85%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.60 ▼ -2.53 (-8.69%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.07
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.89
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.14
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.16
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.55
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.04
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.14
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -0.44
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.01

Markets →

Budget 2024-25: income tax calculator for FY25

federal budget 2023 24

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