A whopping 103.7pc raise in power subsidy ISLAMABAD: The federal government has increased subsidy for power sector by a whopping 103.7 percent – from the... Published 13 Jun, 2024 03:32am
Pakistan Coal, gypsum and plastic waste: 80pc GST withholding rate on supplies proposed ISLAMABAD: The Finance Bill 2024 has proposed a sales tax withholding rate of 80 percent on supplies of coal,... Published 13 Jun, 2024 03:32am
Pakistan A constrained budget under the long shadow of IMF stipulations ISLAMABAD: Prime Minister Shehbaz Sharif-led coalition government’s Finance Minister Muhammad Aurangzeb has unveiled... Published 13 Jun, 2024 03:32am
Pakistan Regulatory Duty imposed/ raised on wide range of items ISLAMABAD: The government has imposed/raised regulatory duty on the import of a wide range of items to encourage... Published 13 Jun, 2024 03:32am
Pakistan Property transactions: Progressive tax rates announced ISLAMABAD: The government has announced progressive tax rates on purchases and sales of properties, categorised into... Published 13 Jun, 2024 03:32am
Pakistan Exemptions withdrawn: Rs1.8trn new taxation measures unveiled ISLAMABAD: The government has announced new taxation/enforcement measures of nearly Rs 1,800 billion through... Published 13 Jun, 2024 03:32am
Pakistan Rs9.775trn to be spent on debt servicing ISLAMABAD: The country will spend around Rs 9.775 trillion on debt servicing including interest payments and... Published 13 Jun, 2024 03:32am
Pakistan Fiscal deficit target of 6.9pc of GDP set ISLAMABAD: The government has budgeted overall fiscal deficit at an unsustainable 6.9 percent of GDP for 2024-25... Published 13 Jun, 2024 03:32am
Business & Finance Key highlights of Budget 2024-25 Business Recorder takes a look at key points Updated 15 Jun, 2024 01:20pm
Technology Budget 2024-25: IT sector unhappy with proposals Current budget does not show promise that has repeatedly been made by the government, say professionals Updated 13 Jun, 2024 02:11am
Technology Budget proposals 2024-25: telecom sector in a fix The latest budget proposals in Pakistan have raised concerns in the telecommunications sector. The government’s... Published 13 Jun, 2024 12:39am
Markets We protected the salaried class, says finance minister Aurangzeb after budget speech Federal Minister for Finance and Revenue on Wednesday brushed off the impression that the government targeted the... Published 13 Jun, 2024 12:03am
Business & Finance Budget 2024-25: income tax calculator for FY25 Fear has come to life as govt proposes revised composition of tax slabs for salaried persons in FY25. Business Recorder helps you calculate what you can expect on the 1st of each month in the coming fiscal year Updated 01 Jul, 2024 05:00pm
Business & Finance Budget 2024-25: govt shifts to price-based car taxation, end of concessions for imported hybrids The Pakistani government announced a shift in car taxation policy as part of its latest budget 2024-25 proposals.... Published 12 Jun, 2024 10:52pm
Pakistan Budget 2024-25: Pakistan eyes over $20bn in external financing Authorities in Islamabad have budgeted Rs5.685 trillion or over $20.3 billion to be acquired through external... Published 12 Jun, 2024 10:20pm
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 Fear comes alive: all salaried persons earning over Rs50k a month to bear higher taxation in FY25 Govt maintains number of tax slabs at 6 and exemption till Rs50,000, but increases tax liability for all other salary earners Updated 12 Jun, 2024 10:15pm
Pakistan Budget 2024-25 updates: Pakistan targets 3.6% growth, 38% higher FBR taxes as Aurangzeb presents proposals Finance Minister Muhammad Aurangzeb announced Pakistan’s federal budget 2024-25, targeting a modest 3.6% growth for... Updated 12 Jun, 2024 11:56pm
Pakistan Taxes galore: experts stress on promoting industrialisation, reducing expenditure Finance Minister Muhammad Aurangzeb will announce budget proposals for the coming fiscal year in a short while... Updated 12 Jun, 2024 05:32pm
Print Govt all set to present over Rs18trn budget today ISLAMABAD: The incumbent government is all set to present its first growth-oriented federal budget for the fiscal... Updated 12 Jun, 2024 02:32pm
Print Rs12trn tax collection target likely Finance Bill 2024 to be revealed today Updated 12 Jun, 2024 02:32pm