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NFC

Aurangzeb rules out ‘mini-budget’

The finance minister says Pakistan has successfully achieved the primary surplus target, the cabinet has approved the National Fiscal Pact, and there is no need to revise the NFC

Updated 17 Nov, 2024 05:01pm

Business & Finance

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

Public debt stands at Rs71.2trn, Aurangzeb tells NA

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb, on Friday, revealed in the National Assembly...

Updated 31 Aug, 2024 03:34pm

Pakistan

PM says AI ‘is the future’

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday said the provinces are getting 60 percent shares from the...

Updated 13 Aug, 2024 08:41am

Opinion

Medium-term budget strategy

The Federal Ministry of Finance has released the Medium-Term Budget Strategy Statement for the period, 2024-25 to...

Published 06 Aug, 2024 06:40am

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

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

Opinion

Provincial surplus and the federal budget

To formulate federal and provincial budgets necessitates engagement between the federal government and its ...

Updated 01 Jul, 2024 07:38am

Pakistan

Centre has not given Rs590bn to KP, says advisor to CM

Barrister Muhammad Ali Saif says the remaining funds could be provided to the provincial government under the National Finance Commission

Published 30 Jun, 2024 02:58am

KP to receive Rs1212bn in the head of federal transfers

PESHAWAR: The KP government will receive an estimated amount of Rs 1212 billion in head of federal transfers from...

Updated 24 Jun, 2024 09:17am

Editorials

The Sindh budget

EDITORIAL: So, just like Punjab’s, Sindh’s Rs3.056 trillion budget also leverages rising transfers from the...

Published 21 Jun, 2024 06:37am

Pakistan

Funds demanded for merged tribal districts

ISLAMABAD: A coalition of six opposition political parties under the banner of Tehreek Tahafuz Ayin-e-Pakistan ...

Published 05 Jun, 2024 07:47am

Govt slashes PSDP by Rs204bn

ISLAMABAD: The government has slashed the Public Sector Development Programme (PSDP) for the ongoing fiscal year by...

Updated 01 Jun, 2024 07:26pm

Share under NFC Award: Govt may explore option of sharing debt servicing, power circular debt with provinces

Government left with only 42.5 percent from divisible pool with interest payments and circular energy debt no longer sustainable

Updated 25 May, 2024 08:29pm

Opinion

PARTLY FACETIOUS: The King is alive and will remain alive and…

“So now what?” “Now no amendment to the constitution is possible as the court has suspended the distribution of...

Updated 18 May, 2024 06:16am

PM asks Aurangzeb to revise borrowing limit for provinces

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Finance Minister Muhammad Aurangzeb to revise borrowing limit...

Updated 03 May, 2024 09:26am

9MFY24 collection: Provinces given 53pc of total revenue under NFC Award

ISLAMABAD: The provinces were transferred 53 percent of the total tax revenue collected during the first nine months...

Updated 03 May, 2024 09:31am

Editorials

SIFC, NAB and the civil service

EDITORIAL: It’s no small endorsement of the SIFC’s (Special Investment Facilitation Council’s) credibility that its...

Published 20 Apr, 2024 04:18am

Opinion

Ending hopium—II

SIFC (Special Investment Facilitation Council) and the last Caretaker Government had taken the elephant steps on...

Published 18 Apr, 2024 03:24am

Editorials

Tackling the population crisis

EDITORIAL: Recent weeks have seen increasing clamour among our policymakers for measures aimed at improving...

Published 01 Apr, 2024 05:34am

PTI says economic situation does warrant IMF programme

ISLAMABAD: Terming the new International Monetary Fund (IMF) programme as “highly critical” as it involves all the...

Updated 26 Mar, 2024 09:43am

Editorials

An amendment in the works?

EDITORIAL: The declared election outcome notwithstanding recounting of votes since, appears to be veering towards a...

Published 21 Mar, 2024 05:22am

Opinion

Re-aligning NFC: coalition govt faces a challenge from within

Reportedly, the IMF (International Monetary Fund) has requested resumption of dialogue on the National Finance...

Published 18 Mar, 2024 04:56am

Provinces’ share in NFC award can’t be decreased: Sindh CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that provinces’ share in the next NFC award can only be...

Updated 17 Mar, 2024 08:10pm

Six months: Centre transfers Rs2,435.349bn to provinces

ISLAMABAD: The federal government has transferred Rs2,435.349 billion to the provinces during the first six months...

Updated 28 Feb, 2024 10:14am

Opinion

Pakistan’s economy – way forward for 2024-25

Further to my article in Business Recorder in February 2023 titled “Redefining Pakistan’s Economy” that entailed a...

Published 20 Feb, 2024 03:09am

Opinion

Non-disclosures & underperformance

Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to...

Published 22 Dec, 2023 05:22am

Q1: Provinces’ budget surplus dips 76pc YoY

ISLAMABAD: The provinces have generated a budget surplus of Rs51.403 billion in the first quarter of the ongoing...

Updated 09 Dec, 2023 04:34pm

Editorials

Spotlight on 18th Amendment, NFC award

EDITORIAL: Suddenly, the debate about fiddling with the 18th Amendment and NFC award formula is all the rage once...

Published 25 Nov, 2023 05:19am

Agri dues: MoF may deduct Rs45.6bn from Balochistan’s NFC share

ISLAMABAD: Finance Ministry is likely to deduct Rs 45.6 billion from Balochistan’s NFC (National Finance Commission)...

Updated 18 Nov, 2023 09:05am

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

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