Trends - Budget 2021 2022 - Business Recorder

Budget 2021 2022

Taxmen deputed at big retail outlets to monitor sales

Presence of IR officers force the retailers to get themselves registered with the POS system of the FBR
Underlying rationale is to give incentives to the taxpayers in order to broaden the tax base

Updated 30 Jul, 2021 09:22am

Pakistan

NA body concerned over doubling of RD on stationary items

ISLAMABAD: The National Assembly Standing Committee on Finance, on Friday, expressed serious concern over doubling ...

Published 17 Jul, 2021 04:21am

Business & Finance

Govt didn’t incorporate our proposals in 2021-22 budget: FPCCI

KARACHI: Acting President Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Nasir Khan on ...

Published 15 Jul, 2021 04:03am

FBR urged to follow tax-base broadening timelines

ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed Finance Minister Shaukat Tarin on the operational...

Published 13 Jul, 2021 02:48am

Privatisation Commission set to give final nod to PSM revival plan

ISLAMABAD: Privatisation Commission’s (PC’s) Board of Directors (BoD) is all set to give final nod to the...

Updated 08 Jul, 2021 10:30am

BR Research

Govt. securities come calling

The government has been generous to big businesses, in this budget. One of the steps to encourage direct investment...

Updated 07 Jul, 2021 09:50am

Editorials

Boosting agri output

EDITORIAL: Prime Minister Imran Khan while addressing the National Farmers Convention warned that challenge of food...

Published 07 Jul, 2021 04:28am

Pakistan

Interest-free loans to small farmers wouldn’t end role of middleman: PKI

ISLAMABAD: The farmers’ associations on Saturday said that provision of interest free loans to small farmers...

Published 04 Jul, 2021 03:41am

Tarin says realisation of growth targets requires stability

Pakistan has set a growth target of 6-7 % in the medium term
New auto policy and 'Meri Gari Scheme' to be introduced as well, adds finance minister

Updated 03 Jul, 2021 10:45am

Business & Finance

PCB BoGs approve budget 2021-22 with total spending of Rs8.997bn

LAHORE: The Board of Governors (BoGs) of the Pakistan Cricket Board, which met through a virtual conference call,...

Published 02 Jul, 2021 04:20am

Opinion

Budget and GDP growth: export-led and bottom-up

Prime Minister Imran Khan in his speech in the parliament on the last day of the fiscal year highlighted that...

Published 02 Jul, 2021 04:20am

Business

FBR withdraws provision of Common Identifier Number

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn the provision of Common Identifier Number through an...

Published 01 Jul, 2021 04:09am

Pakistan

Opposition’s protest mars budget debate in Sindh Assembly

KARACHI: The Sindh Assembly saw inconclusive proceedings, as opposition’s protest marred the continuing debate on...

Published 25 Jun, 2021 04:20am

Pakistan

Opposition severely criticises Sindh public education sector

KARACHI: The provincial public education sector on Wednesday came under a severe criticism, as opposition in the...

Published 24 Jun, 2021 03:36am

Tarin vows action against wilful tax defaulters

Says those who deliberately ignore tax notices will have to bear consequences

Updated 24 Jun, 2021 11:48am

Business

‘Exemptions, incentives withdrawal to generate Rs250bn more revenue’

LAHORE: Special Assistant to Prime Minister (SAPMA) on Revenue Dr Waqar Masood has said that the budget 2021-22 has ...

Published 24 Jun, 2021 03:36am

Pakistan

Ahsan questions economic ‘wizard’ of PM

ISLAMABAD: A day after, Finance Minister Shaukat Tarin painted a rosy picture of the economy, Pakistan Muslim...

Published 23 Jun, 2021 04:26am

Editorials

Defending the budget

EDITORIAL: The statement of PML-N’s Birjees Tahir on the floor of the house that the budget 2021-22 was a “pack...

Published 23 Jun, 2021 04:26am

BR Research

Understanding textile export growth

Budget FY22 that has been proclaimed a pro-growth budget is largely positive for the textile sector and textile...

Published 22 Jun, 2021 07:35am

Opinion

A fragile federal budget — I

The Budget for 2021-22 has been presented and awaits parliamentary approval. This article is in two parts and...

Published 22 Jun, 2021 04:46am

Pakistan

Anomalies in clearance process: APCAA suggests amendments in budget measures: chairman

KARACHI: All Pakistan Customs Agents Association (APCAA) has suggested amendments in the measures proposed by the...

Published 22 Jun, 2021 04:46am

Business & Finance

Budget debate continues in National Assembly

ISLAMABAD: As budget debate in the National Assembly continues, the lawmakers from the opposition kept calling the...

Published 22 Jun, 2021 04:46am

Opposition steps up attacks on govt’s economic policies

Points at increase in gas infrastructure cess and inflation
On the other end, treasury benches heap praise on govt for 'people-friendly budget'

Updated 20 Jun, 2021 12:26pm

Pakistan

Bilawal stresses on NFC Award, calls federal budget 'illegal'

If the economy has improved, then the government should immediately opt out of the IMF's deal: PPP chairman
Reacting to Bilawal's speech, energy minister Hammad Azhar challenges opposition to stay in the House and listen to the truth

Updated 18 Jun, 2021 07:10pm

Opinion

Stimulus and institutional reform

Unlike many budgets in the past, the Budget 2021/22 places strong emphasis on providing stimulus for economic ...

Published 18 Jun, 2021 04:16am

Editorials

Parliament: This time they went too far

EDITORIAL: The scenes in parliament over three successive days when Leader of the Opposition Shehbaz Sharif was...

Published 18 Jun, 2021 04:16am

Business & Finance

Post-budget press conference: Murad says attention given to poverty alleviation

Sindh presented Rs1.477 trillion budget for financial year 2021-22 on Tuesday

Published 16 Jun, 2021 05:14pm

Business & Finance

FBR says 'no new tax' on salaried class, disagreement follows

Budget proposal to tax medical allowances comes under fire
Tax authority says withdrawing tax exemption and reduced rates should not be confused with imposition of new taxes
Issues response to report that said salaried class has been taxed

Updated 16 Jun, 2021 09:41am

Pakistan

Shehbaz's speech disrupted due to sloganeering

ISLAMABAD: The debate on budget 2021-22 was opened by opposition leader in the National Assembly Shehbaz Sharif, on...

Published 15 Jun, 2021 03:30am

Pakistan

Development budget not increased during last four years: Ahsan

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) Secretary-General Ahsan Iqbal said on Monday that the development...

Published 15 Jun, 2021 03:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
Dow Jones / May 17	40003.59
Tokyo Nikkei / May 20	39197.34
Hang Seng / May 20	19650.18
FTSE 100 / May 20	8442.03
Germany DAX 30 / May 20	18754.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Budget 2021 2022

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