1.4pc of GDP: Q1 ends with Rs1.696trn budget balance ISLAMABAD: The government closed first quarter of current fiscal year 2024-25 with overall budget balance of Rs1.696... Published 01 Nov, 2024 06:51am
Print PSDP 2024-25: Ministries’ Rs2.9trn request pruned to Rs1.1trn Minister for Planning Ahsan Iqbal directs Economic Affairs Division to come up with a realistic demand of budget in consultation with respective ministries/divisions Updated 25 Oct, 2024 03:18pm
Business & Finance Proposed mini-budget rejected: Govt urged to slash power rates by 9pc LAHORE: The Federation of Pakistan Chambers of Commerce and Industry's top officials, Zakki Ejaz and SM Tanveer,... Published 18 Oct, 2024 07:43am
Print Rs87bn short of target: Q1 collection stands at Rs2.452trn ISLAMABAD: Despite taxation measures of Rs 1,800 billion in the budget (2024-25), the Federal Board of Revenue (FBR)... Updated 01 Oct, 2024 08:52am
Print Senior economist says a ‘maxi budget’ will be unavoidable ISLAMABAD: With conventional foreign financing lines largely dry off and expecting a massive shortfall in revenue,... Updated 30 Sep, 2024 08:57am
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
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
Opinion The way forward Sale of state-owned entities (SOEs) and not resuscitating the non-operational Pakistan Steel Mills is the mantra of... Updated 22 Jul, 2024 07:11am
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
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
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 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
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
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
Business & Finance FPCCI urges govt to review agreements with IPPs KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has urged the federal government to... Updated 16 Jul, 2024 01:03pm
Print Cement dealers go on countrywide strike against taxes ISLAMABAD: Cement dealers in Pakistan begin their countrywide strike for an indefinite period against higher... Updated 16 Jul, 2024 01:49pm
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
Opinion ‘Do more’, IMF asks Pakistan The Pakistan budget 2024-25 appears to have largely satisfied the IMF (International Monetary Fund), prompting it to... Updated 13 Jul, 2024 07:35am
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
3 imported coal-based IPPs to Thar coal: PPIB seeks details of Chinese Ad hoc Working Group on conversion