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Budget 2020 21

Power subsidies raised by over 300pc

Published 12 Jun, 2021 05:04am

ISLAMABAD: The federal government has increased power sector subsidies by over 300 percent to Rs 510 billion for...

Extremely generous Eidi?

Updated 12 Jun, 2021 01:43pm

The budget 2021-22 can best be described as an extremely generous Eidi to the people of this country: 10 percent...

Economic management

Published 01 Feb, 2021 03:39am

Prime Minister Imran Khan continues to blame those operating in the private sector for high inflation through...

Biden says Trump Pentagon stalling transition, posing risks

Published 29 Dec, 2020 08:57am

Miller released a statement Monday saying the Pentagon's coordination efforts with the transition team "already surpass those of recent administrations with over three weeks to go."

Rising cost govt’s ‘biggest challenge,’ says Jhagra, calls to control ‘unnecessary growth’

Published 23 Jun, 2020 05:10pm

Jhagra in a series of tweets on Tuesday highlighted several issues faced by his province government and the government at large and was of the view that there is a need to “control unnecessary growth in the size of government.”

Engineering Services Excluded from Reduced Withholding Rates

Updated 20 Jun, 2020 06:27pm

This proposed amendment would be detrimental for the engineering service sector specially in the current scenario of Covid-19 where it will be difficult for many companies to survive.

Budget 2020-21: Business leaders dismiss budget, expects economy to worsen further

Published 20 Jun, 2020 12:58pm

An overwhelming 60pc of the respondents were of the view that the pandemic had an ‘Adverse’ or ‘Very Adverse’ impact on their businesses.

Budget 2020-21: Balochistan budget to be presented today

Published 20 Jun, 2020 10:27am

As per details, the total outlay of the budget is estimated at Rs410 billion, under which it is proposed to allocate Rs305 billion for non-development expenditure and Rs105 billion for development budget.

Budget 2020-21: Jhagra presents Rs923bn KP budget, with maximum allocation for health

Updated 19 Jun, 2020 05:39pm

"It's budget day, at a difficult time, in the age of Coronavirus," said Jhagra in a tweet prior to budget session. "A budget in a year of challenges, where our resilience as a people will see us through," he added.

Budget 2020-21: KP budget to be presented today

Published 19 Jun, 2020 11:07am

Finance Minister KP Taimur Saleem Jhagra will present the budget, with a budget outlay of Rs923 billion and a deficit of Rs90 billion.

Budget 2020-21: CM Murad presents Rs1.24 trillion Sindh budget

Updated 17 Jun, 2020 05:23pm

The total outlay of the provincial budget for Financial Year 2020-21 stands at Rs1.24 trillion, with a deficit of Rs18.38 billion.

CM Murad to present Sindh Budget 2020-21 today

Published 17 Jun, 2020 11:27am

Amid the spread of coronavirus, the rules and regulations of the Sindh Assembly were changed, after which members will be able to attend the meeting online from their homes.

Tax experts express possibility of Mini-Budget

Published 17 Jun, 2020 11:08am

The views were made during the Post Budget Conference held under the auspices of the Institute of Chartered Accountants of Pakistan. Various economists commented on the budget for the next financial year on video links.

Punjab Budget 2020-21: Hashim presents Rs2.2 trillion budget at Punjab Assembly

Updated 15 Jun, 2020 06:17pm

The total outlay of the budget is around Rs2240 billion.
"This tax relief package is the largest tax relief package in the history of Punjab," said the minister.

Punjab to announce Budget 2020-21 today

Published 15 Jun, 2020 11:12am

The health and education sectors have been included as top priorities of the government in the budget. It has been proposed to allocate Rs123bn for the primary healthcare sector which is an increase of 13 percent over the current financial year.

Federal govt presents people friendly budget

Published 14 Jun, 2020 01:04am

He said proper collection of taxes was necessary to run the country. The federal government had earmarked Rs13billion for three big hospitals of Karachi.
He said due to coronavirus even giving this relief was a big achievement.
He said the federal

FIEDMC chairman terms budget balanced

Published 14 Jun, 2020 12:51am

He said the government had allocated maximum funds for development projects which depicted that PTI leadership was sincere for national progress and prosperity.
He lauded the government for allocating maximum funds for education, agriculture, livesto

Govt presented balance budget in difficult situation of COVID- 19: Hammad Azhar

Published 14 Jun, 2020 12:47am

He said there was no other option for the government except to run the wheel of national economy.
He said coronavirus could not remove by lockdown but it was only way to slow down its spreading to other areas.
he said data of unemployed people was n

Government expects a net increase of 76% in capital receipts

Published 12 Jun, 2020 06:05pm

The net capital receipts for 2020-21 have been estimated at Rs 1,463.2 billion against the budget estimates of Rs...

Special measures at NA for the Budget Session amid coronavirus

Published 12 Jun, 2020 05:46pm

One fourth of the total 342-member house will be present

PM Imran signs budget 2020-21 document

Published 12 Jun, 2020 02:54pm

The estimated outlay of the upcoming budget is around Rs7.5 trillion which will be presented in NA session later today

PM Khan to convene special federal cabinet meeting on Budget 2020-21

Published 12 Jun, 2020 11:37am

As per details, Advisor to PM on Finance Abdul Hafeez Sheikh will give a special briefing on the federal budget in the cabinet meeting.

Around Rs7.5 trillion budget to be presented today

Published 12 Jun, 2020 03:51am

The government is likely to set the revenue collection target at Rs5.1 trillion for the fiscal year 2020-21.

Executive Summary of the Economic Survey 2019-20

Updated 12 Jun, 2020 02:22am

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

Govt bringing a relief budget, Hafeez Sheikh assures business community

Published 10 Jun, 2020 02:28pm

To a query regarding tax refunds, Shaikh said the finance ministry was looking to enhance refunds from Rs5 million to Rs50 million depending on the fiscal space available.

Budget 2020-21: Pakistan's to target 2.3% growth after pandemic hit

Published 10 Jun, 2020 11:58am

“The GDP growth for 2020-21 is targeted at 2.3 percent with contributions from agriculture (2.9 percent), industry (0.1 percent) and services (2.8 percent).”

Hafeez Sheikh says govt not to impose new taxes in budget 2020-21

Published 04 Jun, 2020 11:04am

“A balance will be made between financial discipline and people’s expectations,” says Sheikh.
Sheikh said he said the government will fulfill the defense needs of the country as defense and security is the priority of the government.

BR100
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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

Budget 2020 21

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