Trends - budget 2023 24 - Business Recorder

Opinion

‘Plan B’: not an alternate to ‘Plan A’

‘Plan B’ was announced amid much fanfare, backed by the civilian administration (federal and provincial) and...

Published 26 Jun, 2023 06:38am

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Amended finance bill sails through NA: Key steps taken to keep IMF in good humour

Revenue target of Federal Board of Revenue goes up from Rs9.2 trillion to Rs9.415 trillion

Updated 26 Jun, 2023 12:52pm

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Advance tax on registration of vehicles above 2000cc hiked

ISLAMABAD: The government has increased the advance income tax on the registration of vehicles above 2000cc under...

Updated 26 Jun, 2023 12:53pm

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NA approves 54 supplementary demands for grants

ISLAMABAD: The National Assembly on Sunday approved 54 supplementary demands for grants for fiscal year 2021-22 and...

Updated 26 Jun, 2023 09:21am

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FBR issues increased income tax slabs for salaried class

ISLAMABAD: The new income tax slabs for the salaried class under the amended Finance Bill 2023 revealed that higher...

Updated 26 Jun, 2023 09:17am

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Supplies made to unregistered persons: Rate of ‘Further Sales Tax’ increased to 4pc

ISLAMABAD: In a major move to document unregistered sales tax persons, the Federal Board of Revenue (FBR) has...

Updated 26 Jun, 2023 09:22am

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Expert speaks about PKR’s real effective exchange rate

ISLAMABAD: Pakistan Real Effective Exchange Rate (REER) could have been Rs322 by the end of June 2023 as most...

Updated 26 Jun, 2023 09:15am

Business & Finance

The Foreign Investment (Promotion and Protection) Act, 2022: Investors and shareholders granted income tax exemption

ISLAMABAD: The government has given full protection to the income tax exemption granted to the investors and...

Updated 26 Jun, 2023 09:13am

Business & Finance

New condition imposed on sellers of properties

ISLAMABAD: The government has imposed a major condition on the sellers or transferors of immovable properties to...

Published 26 Jun, 2023 06:38am

Business & Finance

Fruit juice industry rejects 20pc FED

ISLAMABAD: The fruit juices industry has out rightly rejected 20 percent federal excise duty (FED) in amended ...

Published 26 Jun, 2023 06:38am

Editorials

Can IMF absence be offset by ‘Plan B’?

EDITORIAL: With the country on the verge of sovereign default, which could cascade into a domestic debt ...

Published 26 Jun, 2023 06:38am

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Govt revisits Budget FY24: A last-ditch effort to secure stalled IMF tranche

Finance Minister Ishaq Dar says changes in the budget made after PM Shehbaz's meeting with IMF MD

Updated 25 Jun, 2023 07:23pm

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Massive changes introduced in Finance Bill

Govt withdraws certain exemptions, re-imposes/increases regulatory duties on imports of luxury items

Updated 25 Jun, 2023 05:02pm

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Dar presents over Rs41.367trn charged expenditure in NA

ISLAMABAD: Minister for Finance and Revenue Ishaq Dar on Saturday presented more than Rs41.367 trillion charged...

Updated 25 Jun, 2023 09:36am

Editorials

Punjab, Balochistan: a tale of two budgets

EDITORIAL: The budgets of the two provinces announced on Monday 19 June reflect the expected duration of the...

Published 24 Jun, 2023 06:02am

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Flood-affected areas: Bilawal thanks Dar, PM for making allocation

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman and Foreign Minister Bilawal Bhutto-Zardari said that he is...

Updated 24 Jun, 2023 08:53am

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ECC approves Rs250bn to adjust excessive spending by provinces

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs250 billion to adjust excessive...

Updated 24 Jun, 2023 08:55am

Opinion

FY23: a very bad year for economy

The Economic Survey of Pakistan (2022-23), released by the Ministry of Finance (MoF), as per tradition a day before...

Published 23 Jun, 2023 06:00am

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Sindh flood-hit areas: Dar holds out assurance to apprehensive PPP

ISLAMABAD: After Pakistan Peoples Party (PPP) warned not to vote on the budget if funds were not allocated for 2022...

Updated 23 Jun, 2023 08:50am

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TMA says textile sector ‘completely’ ignored in budget

KARACHI: The Senior Vice Chairman of the Towel Manufacturers Association of Pakistan Syed Usman Ali has expressed...

Updated 23 Jun, 2023 08:50am

Pakistan

Sindh PA passes budget; opposition’s calls rejected

KARACHI: The Sindh Assembly on Wednesday passed Rs2.248 trillion fiscal budget 2023-24 and rejected the...

Published 22 Jun, 2023 05:45am

Pakistan

Flood relief: PPP leaders say they’re in talks with coalition partners

ISLAMABAD: Pakistan People’s Party (PPP) said that since the federal budget was announced almost two weeks ago, ...

Published 22 Jun, 2023 05:45am

Pakistan

AJK govt presents Rs232bn budget

MUZAFFARABAD: Azad Jammu and Kashmir (AJK) government on Wednesday unveiled its more than 232 billion rupees budget...

Published 22 Jun, 2023 05:45am

Editorials

The budget criticism

EDITORIAL: Federal Minister for Foreign Affairs and Chairman of Pakistan People’s Party (PPP) Bilawal...

Published 22 Jun, 2023 05:45am

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Finance Bill: NA discusses Senate suggestions

ISLAMABAD: The recommendations made by the Senate on Finance Bill, 2023-24 were presented in the National Assembly...

Updated 22 Jun, 2023 08:52am

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Additional tax on incomes, profits, gains: Textile exporters term move ‘harsh’, ‘anti-business’

KARACHI: The value-added textile exporters on Wednesday expressed concerns over “additional tax” on income, profits...

Updated 22 Jun, 2023 08:56am

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APTMA seeks resumption of RCET scheme

ISLAMABAD: All Pakistan Textile Mills Association (APTMA) has sought resumption of gas and electricity at...

Updated 22 Jun, 2023 08:53am

Editorials

All ebb and no flow

EDITORIAL: It comes as no surprise that investor confidence in Pakistan these days is very low, if not at its lowest...

Published 21 Jun, 2023 05:51am

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4 months of FY23-24: KP caretaker govt presents Rs462bn budget

PESHAWAR: Khyber Pakhtunkhwa caretaker government on Tuesday presented a Rs462 billion spending plan for four months...

Updated 21 Jun, 2023 08:57am

Business & Finance

Dar assures businessmen: Discrepancies in new Finance Bill will be removed

ISLAMABAD: Finance Minister Ishaq Dar has assured business community amendments in the Finance Bill-2023 for ease of...

Published 21 Jun, 2023 05:21am