Trends - budget 2023 24 - Business Recorder

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SAU approves estimated budget for 2023-24

HYDERABAD: SAU Senate approved the estimated budget for the financial year 2023-24. The annual performance report...

Published 31 Dec, 2023 03:04am

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PCB’s Management body approves budget 2023-24

LAHORE: Pakistan Cricket Board (PCB)’s Management Committee which met on Sunday with Zaka Ashraf in the chair...

Published 28 Aug, 2023 06:27am

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Dar explains what actually led to changes in budget

Says for securing an agreement with the IMF, the government had to impose new taxes

Updated 05 Aug, 2023 03:06pm

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PML-N, if voted to power, will distribute 1m laptops across country annually: PM

KARACHI: Prime Minister Shehbaz Sharif on Wednesday said that if given a mandate in next general elections, his next...

Published 27 Jul, 2023 06:26am

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The ‘begging bowl’ challenge

EDITORIAL: Prime Minister Shehbaz Sharif pledged to break the “begging bowl” by curtailing government expenses...

Published 27 Jul, 2023 06:26am

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Tax proposals by the IMF

EDITORIAL: The $3 billion nine-month-long Stand-By Arrangement (SBA) approved by the International Monetary Fund...

Updated 25 Jul, 2023 06:49am

Business & Finance

ICCI urges govt to engage with real estate industry to resolve tax issues

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) has urged federal government to engage with real...

Published 23 Jul, 2023 03:25am

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Finance bill: Bureaucracy can devise ‘zero tax’ regime

Senate Standing Committee on Finance holds meeting under chairmanship of Senator Saleem Mandviwalla

Updated 21 Jul, 2023 09:48am

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Base power tariff hike: PD yet to secure cabinet’s nod

ISLAMABAD: The Power Division has reportedly not yet secured the federal cabinet’s nod for an increase in the base...

Updated 18 Jul, 2023 09:38am

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IMF SBA, finally

EDITORIAL: The International Monetary Fund (IMF) board approved the 3 billion dollar Stand-By Arrangement (SBA) to...

Published 14 Jul, 2023 06:38am

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PSDP: FD yet to notify strategy for release of funds

ISLAMABAD: Finance Division is yet to notify strategy for release of funds with regard to PSDP, interest payment,...

Updated 14 Jul, 2023 10:00am

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Steps to broaden tax base: FY24 budget advances primary surplus of 0.4pc of GDP: IMF

ISLAMABAD: The fiscal year 2024 budget advances a primary surplus of around 0.4 percent of GDP by taking some steps...

Updated 14 Jul, 2023 09:27am

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Tax targets versus tax gap—I

“…the FBR’s revenue target has been increased to Rs 9,415 billion, requiring a 31% increase over collection of...

Updated 14 Jul, 2023 06:47am

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Ministries, Divisions: Direct payment through SBP linked to prior approval

ISLAMABAD: Finance Division has barred all Ministries/ Divisions from direct payment through State Bank of Pakistan...

Updated 13 Jul, 2023 09:32am

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Inward flows of dollars to create breathing space: ministry

ISLAMABAD: The Ministry of Industries and Production (MoI&P) Tuesday said it is still clueless about lifting of...

Updated 12 Jul, 2023 08:51am

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Fitch upgrades rating on improved external liquidity

ISLAMABAD: Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to “CCC”...

Updated 11 Jul, 2023 09:02am

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IMF’s approach is a bit out of the ordinary

EDITORIAL: The much hyped attempt by the International Monetary Fund (IMF) team to seek a consensus on the ...

Published 11 Jul, 2023 06:08am

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Restaurants/eateries: Credit/debit card payments allowed at reduced 5pc ST

ISLAMABAD: The government has taken a significant documentation measure by allowing credit/debt card payments at a...

Updated 10 Jul, 2023 08:57am

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Fiscal imbalance

EDITORIAL: The gap between the boom-and-bust cycle is contracting in Pakistan, indicated by the staff-level ...

Published 10 Jul, 2023 06:52am

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‘Charter of economy’ - an exercise in futility

Calls for delineating a ‘charter of economy’ have become a trend in Pakistan. The leaderships of almost all...

Published 08 Jul, 2023 06:20am

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Retrospective tax on windfall income discourages corporatization—I

A new Section 99D has been introduced in the Income Tax Ordinance 2001 (“ITO”) through the Finance Act 2023...

Updated 07 Jul, 2023 06:10am

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Recurrent budget: Finance unveils strategy for release of funds

ISLAMABAD: The Ministry of Finance on Thursday unveiled the strategy for the release of funds for the recurrent...

Published 07 Jul, 2023 05:24am

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LCCI holds seminar on federal budget 2023-24

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) held a significant seminar titled “Post Budget ...

Published 07 Jul, 2023 05:24am

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Development projects: Finance unveils strategy on release of funds

ISLAMABAD: The Ministry of Finance on Thursday unveiled the strategy for the release of funds for the development...

Updated 07 Jul, 2023 09:02am

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Super tax and tax on bonus: misinterpretation of basic accounting–II

Now, if the rationale, intention and equitability have to prevail, the following will be the answer: the tax super...

Updated 06 Jul, 2023 06:24am

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FBR to ‘sell’ excise rules, general orders, departmental rulings to public

ISLAMABAD: The Federal Board of Revenue (FBR) will “sell” federal excise rules, general orders and departmental...

Updated 06 Jul, 2023 08:39am

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Super tax and tax on bonus: misinterpretation of basic accounting—I

In the Finance Act 2023 many amendments have been proposed. This article is restricted to two important measures...

Published 05 Jul, 2023 06:00am

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Rate of advance income tax for commercial importers hiked

KARACHI: The government has increased the rate of advance income tax for commercial importers from 5.5% to 6%....

Updated 05 Jul, 2023 08:55am

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Inflation down MoM

EDITORIAL: Consumer Price Index (CPI) for June dropped by 8.6 percentage points compared to the month before – ...

Published 05 Jul, 2023 06:00am

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Sale and purchase of immovable properties: FBR implements revised rates of withholding tax

ISLAMABAD: The Federal Board of Revenue (FBR) from July 1, 2023, implemented upward revised rates of withholding...

Updated 05 Jul, 2023 08:53am