Pacts deadline looms: Refineries’ upgrade plans hit snags ISLAMABAD: The federal government is grappling with a major hurdle in its plans to upgrade domestic refineries as... Updated 22 Oct, 2024 09:33am
Pakistan EOBI pensioners urge govt to increase pension ISLAMABAD: The Employees’ Old-Age Benefits Institution (EOBI) pensioners urged the government to increase their... Published 04 Oct, 2024 06:46am
Print Rs87bn short of target: Q1 collection stands at Rs2.452trn ISLAMABAD: Despite taxation measures of Rs 1,800 billion in the budget (2024-25), the Federal Board of Revenue (FBR)... Updated 01 Oct, 2024 08:52am
Print Senior economist says a ‘maxi budget’ will be unavoidable ISLAMABAD: With conventional foreign financing lines largely dry off and expecting a massive shortfall in revenue,... Updated 30 Sep, 2024 08:57am
Print No new taxation measures or mini-budget under study: FBR ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue (Policy) Dr Hamid Ateeq Sarwar said Wednesday that... Updated 26 Sep, 2024 01:01pm
Opinion Tax burdens and fiscal discipline After an inflation-ridden Fiscal Year 2023-24 (“FY24”), wherein the average inflation for the FY24 was 23.4%,... Published 04 Sep, 2024 07:06am
Opinion Budgetary outcome in 2023-24 The statistics on the outcome of fiscal operations by the federal and provincial governments in 2023-24 were ... Updated 13 Aug, 2024 07:40am
Opinion Inflation decline and no feel-good factor The July inflation data was released by the Pakistan Bureau of Statistics (PBS) on the 1 of August, showing a ... Published 12 Aug, 2024 06:36am
Editorials Senate panel’s skepticism EDITORIAL: The Senate Functional Committee on Devolution presided over by Dr Zarqa Suharwardy Taimur expressed... Updated 12 Aug, 2024 07:23am
Print Adhering to the constitution only path forward for Pakistan: Khaqan KARACHI: Former prime minister Shahid Khaqan Abbasi, who along with former finance chief Miftah Ismail has recently... Updated 12 Aug, 2024 11:01am
Editorials Govt required to take belt-tightening steps EDITORIAL: The government is to begin a legislative process this month designed to initiate implementation of... Updated 07 Aug, 2024 06:15am
Opinion Medium-term budget strategy The Federal Ministry of Finance has released the Medium-Term Budget Strategy Statement for the period, 2024-25 to... Published 06 Aug, 2024 06:40am
Opinion Economy: durable solutions remain elusive The FY25 budget presents challenges for everyone, with few economic actors benefiting. Despite compromises due to... Updated 05 Aug, 2024 08:41am
Editorials Simply unrealistic EDITORIAL: It seems everybody but the government understands that this fiscal year’s tax regime is not only... Updated 05 Aug, 2024 06:58am
Technology IPO very much on the cards, says Jazz CEO Aamir Ibrahim KARACHI: Jazz CEO Aamir Ibrahim has said going public is “very much on the cards” with further clarity emerging in... Updated 02 Aug, 2024 04:53pm
Print FAs’ hiring, other tasks: Privatisation ministry seeks a budget of Rs8.169bn ISLAMABAD: The Ministry of Privatisation has sought a budget of Rs 8.169 billion for its privatisation-related... Updated 01 Aug, 2024 10:21am
Business & Finance Petroleum products into sales Tax exemption: Change of status of zero-rating to benefit FBR worth Rs20bn ISLAMABAD: The change of status of zero-rating of petroleum products into sales tax exemption would benefit Federal... Published 31 Jul, 2024 06:40am
Print FY24 ends with a budget deficit of 6.8pc of GDP ISLAMABAD: The government has closed fiscal year 2023-24 with budget deficit of 6.8 percent of the gross domestic... Updated 31 Jul, 2024 10:17am
Editorials Calm a jittery market EDITORIAL: The Minister for Finance and Revenue Muhammad Aurangzeb’s Sunday press conference was a judicious attempt... Published 30 Jul, 2024 03:10am
Markets SBP reduces key policy rate by 100bps, takes it to 19.5% Majority analysts expected cut, it was the quantum of reduction that had them divided Updated 29 Jul, 2024 07:42pm
Print Commodity traders say WHT to further fuel food inflation KARACHI: Commodities importers and wholesalers see the withholding tax as “reign of taxation” to unleash the storm... Updated 29 Jul, 2024 08:56am
Pakistan Pakistan’s salaried group comes out on the streets, but after work hours Such is Pakistan’s salaried group protesting power that it took to the streets in Karachi at 5:30pm – after work... Published 24 Jul, 2024 12:44am
Opinion The way forward Sale of state-owned entities (SOEs) and not resuscitating the non-operational Pakistan Steel Mills is the mantra of... Updated 22 Jul, 2024 07:11am
Business & Finance ICMA details critical highlights, implications of federal budget KARACHI: Institute of Cost and Management Accountants (ICMA) has detailed the critical highlights and implications ... Updated 19 Jul, 2024 06:43am
Business & Finance FPCCI urges govt to review agreements with IPPs KARACHI: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) has urged the federal government to... Updated 16 Jul, 2024 01:03pm
Print Cement dealers go on countrywide strike against taxes ISLAMABAD: Cement dealers in Pakistan begin their countrywide strike for an indefinite period against higher... Updated 16 Jul, 2024 01:49pm
Opinion ‘Do more’, IMF asks Pakistan The Pakistan budget 2024-25 appears to have largely satisfied the IMF (International Monetary Fund), prompting it to... Updated 13 Jul, 2024 07:35am
Print Development budget: FD unveils strategy for release of funds ISLAMABAD: The Finance Division has issued a strategy for release of funds for development budget for financial year... Updated 13 Jul, 2024 08:51am
Print Briefing to NA panel: New revenue measures won’t be withdrawn: FBR chief ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana Friday said new revenue measures taken in the... Updated 13 Jul, 2024 10:19am
Editorials Tax-to-GDP story EDITORIAL: Once again the tax-to-GDP ratio for the last fiscal clocked in at nine percent and, typically, once again... Updated 13 Jul, 2024 07:33am
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer
PIA privatisation: Blue World City refuses to match PC’s ‘minimum expectation’ of Rs85.03bn, sticks to Rs10bn offer