Budget 2022-23: what do higher taxes mean for the banking sector? Current levels at which banks are trading still make them attractive, says analyst Published 10 Jun, 2022 09:40pm
Pakistan Key highlights of budget 2022-23 The government presented the budget proposals for fiscal year 2022-23 on Friday, aiming to balance economic growth... Updated 11 Jun, 2022 12:46am
Markets KSE-100 closes 278.77 points higher in anticipation of budget announcement Optimism over budget helps market stage rally Published 10 Jun, 2022 08:30pm
Pakistan Govt approves 15% raise in salaries of govt employees, merges adhoc into basic pay The government on Friday announced a 15% increase in salaries of its employees while merging adhoc allowance with ... Published 10 Jun, 2022 06:55pm
Pakistan Tax on banking sector enhanced to 42% from 39%, says Miftah while announcing budget proposals Income tax threshold increased to Rs1.2m a year Updated 11 Jun, 2022 02:16am
Pakistan Facing tough choices, Pakistan looks to balance growth and expenses in budget 2022-23 today Finance Minister Miftah Ismail scheduled to make budget speech in National Assembly Updated 10 Jun, 2022 04:35pm
Pakistan ACCA releases budget proposals: Govt, parties urged to sign charter of economy for 10-15 years KARACHI: In the budget proposals released by the Association of Chartered Certified Accountants (ACCA), the body of... Published 10 Jun, 2022 08:07am
Technology July-March FY21-22: Telecom sector contributes Rs163.3bn to exchequer ISLAMABAD: Telecom sector contributed Rs 163.3 billion to the national exchequer in terms of taxes, regulatory fees,... Published 10 Jun, 2022 06:16am
Pakistan FY 2020-21: Cumulative education expenditures declined to 1.77pc of GDP Islamabad: The cumulative education expenditures by federal and provincial governments in fiscal year 2020-21... Published 10 Jun, 2022 06:16am
Opinion Budget FY23 and IMF’s programme “Among the most difficult problems faced by developing countries is that of balancing a budget that is swollen by... Published 10 Jun, 2022 06:16am
Pakistan Rs171.88bn given to 9.1m beneficiaries under BISP ISLAMABAD: Rs 171.88 billion was disbursed to 9.1 million beneficiaries under the Benazir Income Support Programme... Published 10 Jun, 2022 06:16am
Business & Finance Economic Survey: PIA reduces workforce by 40pc ISLAMABAD: The national flag carrier of Pakistan has reduced its workforce by nearly 40 per cent, the Economic ... Published 10 Jun, 2022 06:16am
Pakistan IK describes Survey as vindication of his govt’s policies ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) chairman and former Prime Minister Imran Khan on Thursday questioned why... Published 10 Jun, 2022 06:16am
Opinion Survey makes no overt political statement The most carefully watched aspect of the Economic Survey 2021-22 is not the data that is usually limited to March... Published 10 Jun, 2022 06:16am
Print Tough fiscal consolidation measures on the way High growth accompanied by external and internal imbalances, as has been the case historically with Pakistan’s economy Updated 10 Jun, 2022 10:52am
Business & Finance Economic Survey: Unemployment slightly down ISLAMABAD: The unemployment rate slightly decreased from 6.9 per cent in 2018-19 to 6.3 per cent in 2020-21 showing... Published 10 Jun, 2022 06:16am
Business & Finance Economic Survey: Indirect taxes account for 60pc of FBR’s total collection ISLAMABAD: The indirect taxes (sales tax, customs duty, and Federal Excise Duty) contribution is over 60 percent of... Published 10 Jun, 2022 06:16am
Business & Finance Urgent reforms imperative: Survey sees circular debt hitting Rs4trn mark by 2025 ISLAMABAD: The government has indicated that the country’s circular debt would reach Rs 4 trillion by 2025 if... Published 10 Jun, 2022 06:16am
Print Actual target 8pc: Revised forecasts put inflation at 11.5-12pc ISLAMABAD: The inflation forecasts have been revised upward and will remain elevated at 11.5-12 percent against the... Updated 10 Jun, 2022 09:39am
Print Tax exemptions cost govt over Rs1.757trn ISLAMABAD: The total tax exemptions, concessions and special tax treatments to various businesses,... Updated 10 Jun, 2022 09:22am
Print Gas sector circular debt nearly doubled in 3 years ISLAMABAD: Over the past three years, the stock of circular debt in gas sector has nearly doubled to Rs 650 billion... Updated 10 Jun, 2022 09:21am
Print Agri sector registers 4.40pc positive growth ISLAMABAD: Agriculture sector registered a positive growth of 4.40 percent and surpassed its target of 3.5 percent... Updated 10 Jun, 2022 09:36am
Print Forex, PSEs and banks liabilities not included: $88.8bn external debt recorded at end of March ISLAMABAD: External public debt was recorded at $88.8 billion at end-March 2022 in the Economic Survey 2021-22, but... Updated 10 Jun, 2022 09:23am
Print Reforms measures in budget to pave way for IMF deal: Miftah ISLAMABAD: Minister for Finance Miftah Ismail stated on Thursday that the reform measures to be announced in the... Updated 10 Jun, 2022 09:24am
Print Credit to private sector rises to record Rs1.3trn KARACHI: Private sector obtained a record Rs 1.3 trillion loans from the domestic banking sector during the first 10... Updated 10 Jun, 2022 09:40am
Print Survey lists factors behind mammoth trade deficit ISLAMABAD: The government Thursday said that significant rise in import bill due to broad-based surge in global... Updated 10 Jun, 2022 09:34am
Print Federal Budget today Measures announced important for revival of the IMF programme Updated 10 Jun, 2022 09:22am
Editorials Survey: state of economy carefully surveyed EDITORIAL: The Economic Survey released as usual the day before the budget speech (today) does not, as expected by... Updated 10 Jun, 2022 06:43am
Pakistan Pakistan to raise salaries of govt employees in Budget 2022-23: Miftah Ismail The government will raise salaries of its employees when it announces the federal budget 2022-23 on Friday, said... Updated 09 Jun, 2022 10:04pm
Pakistan Reforms in Budget 2022-23 will please IMF, says Miftah Ismail Finance Minister Miftah Ismail on Thursday said reforms that will be introduced through the Budget 2022-23, set to ... Published 09 Jun, 2022 07:36pm