Trends - budget 2022 2023 - Business Recorder

budget 2022 2023

Stalled IMF programme: Govt fails to successfully persuade IMF

ISLAMABAD: The talks between Pakistan and the International Monetary Fund (IMF) for the 7th review under the $6...

Updated 26 May, 2022 10:02am

Opinion

A fiscal quagmire: genesis

In the last article, many readers felt that there was no explanation as to how we came to this pass and what ...

Published 25 May, 2022 04:40am

Opinion

The rising public debt burden

The public debt of Pakistan consists of the domestic and external debt of the government plus debt owed to the IMF...

Published 24 May, 2022 05:35am

Business & Finance

Fixed tax scheme being worked out: Only small shopkeepers, not Tier-I retailers, to be covered

ISLAMABAD: The Federal Board of Revenue (FBR) is working on a simplified fixed tax scheme for small traders in the...

Published 24 May, 2022 05:35am

CM promises pro-poor budget

LAHORE: Announcing that the budget 2022-23 would be pro-poor, Punjab Chief Minister Hamza Shehbaz said on Monday...

Updated 24 May, 2022 09:26am

Editorials

Upcoming budget 2022-23

EDITORIAL: Tenth of June has been earmarked for the presentation of the budget in parliament with political and the...

Published 24 May, 2022 05:35am

Pakistan

‘FTO provided relief to over 1,900 taxpayers in five months’

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mehmood Jah has said that his office has provided relief to more than...

Published 22 May, 2022 06:03am

KE urges FD to release budgeted subsidy directly

ISLAMABAD: Karachi Electric (KE) has urged the Finance Division to release budgeted subsidy directly to it to ensure...

Updated 22 May, 2022 09:35am

Sectors earning ‘windfall’ profits: FBR envisages ‘targeted’ taxation

ISLAMABAD: The Federal Board of Revenue (FBR) is preparing budget proposals based on “targeted taxation” for...

Updated 21 May, 2022 10:56am

Federal budget to be presented on June 10

The budget for 2022-23 along with the Finance Bill 2022 is scheduled to be presented in the National Assembly

Updated 21 May, 2022 10:51am

NAC approves FY22 5.97pc provisional growth rate

ISLAMABAD: The National Accounts Committee (NAC) has approved 5.97 percent estimated provisional Gross Domestic...

Updated 19 May, 2022 09:43am

FY22 budget deficit likely to stand at 9pc of GDP — highest-ever in country’s history

ISLAMABAD: Former finance minister Dr Abdul Hafiz Pasha has projected Pakistan’s budget deficit for the fiscal ...

Updated 18 May, 2022 10:25am

Editorials

The budget FY23

EDITORIAL: The budget 2022-23 is to be presented in parliament in June and while there is every likelihood that it...

Published 18 May, 2022 05:54am

Opinion

Outlook for the FY23 federal budget

The federal budget for 2022-23 is likely to be presented within the next four weeks in the Parliament. It will be...

Published 17 May, 2022 05:39am

Budget deficit reaches Rs5.6trn, NA told

ISLAMABAD: Federal Minister for Energy Khurram Dastgir Khan has said that the budget deficit has reached Rs5.6...

Updated 17 May, 2022 09:47am

Business & Finance

Insurance services: SECP advises Sindh govt to revoke levy of stamp duty from July 1

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed to the Sindh government to revoke...

Published 17 May, 2022 05:39am

Budget 2022-23: SECP proposes withdrawal of 1pc FIF on non-life insurance premiums

ISLAMABAD: The SECP has proposed withdrawal of the one percent Federal Insurance Fee (FIF) applicable on non-life...

Updated 15 May, 2022 08:27am

Business & Finance

Proposals for budget: OICCI for simplification of tax system

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed to the government to simplify ...

Updated 15 May, 2022 08:30am

Opinion

Burgeoning fiscal deficit

The information on fiscal operations during the first three quarters of 2021-22 has been released recently by the...

Published 10 May, 2022 05:10am

Business & Finance

LCCI says will organise pre-budget convention

LAHORE: The Lahore Chamber of Commerce & Industry will hold pre-budget 2022-23 convention in May. Brainstorming...

Published 08 May, 2022 07:06am

SBP urged to remove HS Codes: Rationalisation of AIT on telecom services proposed

ISLAMABAD: Telecom industry has proposed to the government rationalization of the Advance Income Tax (AIT) on ...

Updated 08 May, 2022 08:50am

Budget: fixed tax scheme for small traders very likely

Finance minister says govt strictly committed to ensuring financial discipline through effective policies

Updated 08 May, 2022 03:57pm

Salaried class: FTO tells FBR to bring down tax slabs, thresholds in FY23 budget

ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to bring down...

Updated 06 May, 2022 10:06am

Markets

PSX comes up with budgetary proposals

KARACHI: The Pakistan Stock Exchange (PSX) has presented important proposals for the federal budget 2022-23 to...

Updated 29 Apr, 2022 02:15pm

Business & Finance

Budget FY23: RCCI submits proposals to FBR

ISLAMABAD: The Rawalpindi Chamber of Commerce and Industry (RCCI) while urging for lowering sales tax rate from the...

Published 29 Apr, 2022 05:43am

Finance Bill, 2022: GST exemption to diplomats, privileged class may be restored

ISLAMABAD: The government may restore sales tax exemption to diplomats, diplomatic missions, and privileged persons...

Updated 26 Apr, 2022 10:18am

Business & Finance

Provincial budget FY23: Business community of KP spells out key priorities

PESHAWAR: With the budget for fiscal year 2023 right around the corner, the Sarhad Chamber of Commerce &...

Published 25 Apr, 2022 07:38am

Business & Finance

Export-oriented sectors: KCCI underscores need for reintroduction of scheme

ISLAMABAD: The Federal Board of Revenue (FBR) has received budget proposals from the Karachi Chamber of Commerce and...

Published 25 Apr, 2022 05:42am

Business & Finance

Budget FY23: FBR takes input of KCCI

ISLAMABAD: The Federal Board of Revenue (FBR) has taken a detailed input of the Karachi Chamber of Commerce and...

Updated 23 Apr, 2022 10:39am

Release of uplift budget: PD&SI ministry revises strategy

ISLAMABAD: The Ministry of Planning, Development and Special Initiatives has revised its strategy to release...

Updated 18 Apr, 2022 10:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.75
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
India Sensex / Apr 23	73738.45
Tokyo Nikkei / Apr 23	37552.16
Nasdaq / Apr 23	15696.64
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8044.81
Dow Jones / Apr 23	38503.69
Germany DAX 30 / Apr 23	18137.65

Item	Value
Crude Oil USD/Barrel / Apr 23	83.54
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Gold Spot USD/Ounce / Apr 23	2323.25
Cotton US¢/pound / Apr 23	81.72
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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budget 2022 2023

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