Trends - Budget 2021-22 - Business Recorder

Budget 2021-22

Foreign assets declared under amnesty immune from CVT

Capital Value Tax (CVT) was levied by the federal government in 1989 on transactions relating to acquisition of...

Published 20 Jun, 2022 07:25am

Budget 2021-22

Finance Bill 2022: Exemption to IPPs limited

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad Saturday informed the Senate Standing Committee on...

Updated 19 Jun, 2022 09:00am

FBR chairman explains importance of increase in tax rates for salaried people

Says issue involved in the taxation of the salaried class is not revenue generation, but reform of the income tax slabs

Updated 19 Jun, 2022 07:58pm

Business & Finance

IMF says Pakistan budget needs additional measures to meet goals

ISLAMABAD: Additional measures will be needed to bring Pakistan's budget for FY2022-23 in line with the key...

Updated 14 Jun, 2022 09:57am

Pakistan

Tax relief extended to cars up to 1,000cc, says Tarin

Finance minister says mobile phone calls longer than five minutes will now be taxed at Rs0.75
Announces reduction in tax rates for REITs and dairy sector

Updated 25 Jun, 2021 03:51pm

Pakistan

KPK govt presents Rs1.12trn budget for FY22

Chief Minister Mahmood Khan says coming fiscal year is one of resurgence and growth
Minimum wage increased to Rs21,000, salaries of govt employees hiked

Published 18 Jun, 2021 10:06pm

Pakistan

Balochistan approves budget for FY22 after protests delay proceedings

Session started hours after scheduled time due to protest by opposition
Health allocated 23% higher amount, education receives negligible increase

Updated 18 Jun, 2021 09:31pm

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

Pakistan

Shehbaz comes down hard on govt's budgets

After finally being able to deliver his speech, leader of opposition criticises govt for its 'fake' budgets
Previous three National Assembly sessions were adjourned due to 'disorderly' behaviour

Updated 17 Jun, 2021 07:21pm

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

Federal budget pro-growth but food inflation remains concern, says think tank

PRIME Institute calls for sustainable growth measures including increasing real incomes, employment

Updated 16 Jun, 2021 04:11pm

Rs1.48trn Sindh budget proposes Rs25,000 minimum wage

KARACHI: The Sindh government Tuesday presented Rs1.477 trillion budget for financial year 2021-22 with estimated...

Updated 16 Jun, 2021 01:11pm

Pakistan

Sindh announces Rs1.48 trillion budget for FY22

Chief Minister Syed Murad Ali Shah, who also holds portfolio of finance minister, starts budget speech amid ruckus from opposition
Says provincial govt aims to create over 2,500 jobs in upcoming fiscal year

Updated 15 Jun, 2021 05:39pm

Budget 2021-22

Punjab follows in the footsteps of centre

• Rs2.653trn budget presented • Development outlay raised by record 66pc; Rs560bn reserved for ADP; Rs405bn tax...

Updated 15 Jun, 2021 06:16pm

Budget 2021-22

What some of the budget measures mean

Business Recorder helps break down some of the proposals that may impact you

Published 12 Jun, 2021 09:24pm

Business & Finance

Pakistan eyeing sustainable growth, says Tarin

Focus to stay on protecting the most vulnerable and increasing dollar revenue
Addressing post-budget press conference, finance minister says measures aimed at broadening tax base

Updated 12 Jun, 2021 03:24pm

Budget 2021-22

Growth-focused budget: IMF acquiescence, not consent?

• Rs8.49trn FY22 outlay is based on 4.8pc growth target and increased spending on public sector development • ...

Published 12 Jun, 2021 06:04am

Budget 2021-22

Salient features of Budget 2021-22

Pakistan moves into the next fiscal year with a growth target of 4.8% in mind
Several proposals hailed as positive for economy

Published 12 Jun, 2021 05:10am

Business & Finance

KP business community terms Budget FY22 balanced

PESHAWAR: Business community here on Friday termed the federal budget for fiscal year 2021-22, as a 'balanced',...

Updated 12 Jun, 2021 05:36am

Budget 2021-22

Around Rs506bn taxation measures unveiled

ISLAMABAD: The government has taken measures of around Rs506 billion, including taxation measures of Rs264 billion...

Published 12 Jun, 2021 05:04am

Budget 2021-22

17pc GST on sales via online marketplace

ISLAMABAD: The sales of goods through an online marketplace have been subjected to 17 percent sales tax by...

Published 12 Jun, 2021 05:04am

Budget 2021-22

Allocation for defence raised by 6.2percent

ISLAMABAD: Allocation for defence for Fiscal Year 2021-22 has been raised by 6.2 percent, from Rs1.292 trillion in...

Published 12 Jun, 2021 05:04am

Textile sector takes a dim view of FY22 budget

KARACHI: The textile sector has termed the measures, announced by the government in the budget, as insufficient for ...

Published 12 Jun, 2021 05:04am

Budget 2021-22

Disposal of cars prior to registration: Concept of additional tax to curb 'on money' introduced

ISLAMABAD: The Finance Bill 2021-22 has introduced the concept of additional tax on disposal of vehicles prior to ...

Published 12 Jun, 2021 05:04am

Budget 2021-22

Power subsidies raised by over 300pc

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

Published 12 Jun, 2021 05:04am

Pakistan

Centre not giving promised money to provinces, claims PPPP

ISLAMABAD: The Pakistan People's Party Parliamentarians (PPPP) information secretary Shazia Atta Marri said the...

Published 12 Jun, 2021 05:04am

Budget 2021-22

Extremely generous Eidi?

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

Updated 12 Jun, 2021 01:43pm

Budget 2021-22

'Friendly' budget relies on industrial growth

It is a confidence booster budget and the direction is right. Commerce and industrial policies are attempted to be...

Published 12 Jun, 2021 05:04am

Business & Finance

Federal Budget: Business community, political parties give mixed reaction

KARACHI: Business community and political parties expressed mix reaction on third budget of PTI government for the...

Updated 12 Jun, 2021 05:34am

Business & Finance

Cut in CGT, deletion of WHT positive for capital market: analysts

KARACHI: With the reduction in Capital Gains Tax to 12.5 percent and deletion of WHT, the Federal Budget for FY22 is...

Published 12 Jun, 2021 05:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 7	278.25
USD PKR Interbank Buying / Jun 7	278.05
USD to Japanese Yen / Jun 7	156.75
USD to Swiss Franc / Jun 7	0.90
Pound Sterling to USD / Jun 7	1.27
Euro to USD / Jun 7	1.08

Stock	Volume
S&P 500 / Jun 7	5346.99
India Sensex / Jun 7	76693.36
Tokyo Nikkei / Jun 7	38683.93
Nasdaq / Jun 7	17133.13
Hang Seng / Jun 7	18366.95
FTSE 100 / Jun 7	8245.37
Dow Jones / Jun 7	38798.99
Germany DAX 30 / Jun 7	18557.27

Item	Value
Crude Oil USD/Barrel / Jun 7	75.53
Karachi Cotton PKR/37.32 KG / Jun 7	19935
Gold 10 Grams PKR / Jun 7	208333
Gold Spot USD/Ounce / Jun 7	2293.78
Cotton US¢/pound / Jun 7	72.89
Petrol/Litre / Jun 8	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Budget 2021-22

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