Topic

Budget FY22

Letter to a Comrade

Updated 07 Feb, 2023 02:20pm

Dear Muzammil, I hope you are well. It has been a while since we last saw, met or spoke. Judging from your article ...

Amendment-laden finance bill easily sails through NA

Updated 30 Jun, 2022 09:51am

The passage of the budget for the fiscal year 2022-2023 brings the government one step closer to the revival of the stalled IMF programme

‘Very tough’ IMF conditionalities

Published 29 Jun, 2022 05:44am

EDITORIAL: Prime Minister Shehbaz Sharif while laying the onus of an impending bankruptcy on the policies of the PTI...

Petroleum Levy: If wishes were horses

Updated 14 Jun, 2022 11:08pm

Observers wasted no time in pointing out at the unrealistic and overly ambitious nature of the Rs750 billion targets...

FY22 budget reversed key policies damaging revenue prospects: IMF

Updated 06 Feb, 2022 09:15am

ISLAMABAD: The budget 2021-22 delayed key reforms and reversed some key policies damaging revenue prospects. This...

FY22 budget: textile sector’s perspective

Published 01 Jul, 2021 04:10am

The Federal Budget for FY22 was announced on June 11th, 2021. The new economic team has accordingly set goals for ...

Rs55bn allocated for 'Nullah Lai' project in FY22 Budget: Rashid

Published 28 Jun, 2021 04:38am

RAWALPINDI: Interior Minister Sheikh Rashid Ahmed has said that the Punjab government has allocated Rs 55 billion ...

The FY22 budget

Published 19 Jun, 2021 03:23am

The third budget of the PTI government for FY22 was presented last week with a total outlay of PKR 8.4 trillion. It...

Budget: Out-of-the-box actions

Published 17 Jun, 2021 03:27am

In the following paragraphs I will only discuss three major proposals in the proposed Finance Bill, 2021, two of...

IMF programme implementation

Published 15 Jun, 2021 03:30am

With the likely passage of the budget for FY22, the Pakistan economy not only enters the second innings of the PTI...

FY22 budget: a work in progress

Published 14 Jun, 2021 03:39am

The budget 2020-21 is, at best, a work in progress - more so than previous budgets reliant on an over dose of...

Punjab FY22 budget today: There’s ‘package’ for industry: govt

Published 14 Jun, 2021 03:39am

LAHORE: Punjab Finance Minister Makhdoom Hashim Jawan Bakht will present province’s budget for financial year...

Finance Bill 2021: Annexures to Finance Bill 2021

Published 13 Jun, 2021 04:08am

SUMMARY OF TAX EXPENDITURE 2021 Tax Expenditure Report 2021 for federal taxes, based on data pertaining to FY...

'Textile sector takes a dim view of FY22 budget'

Published 13 Jun, 2021 03:56am

This is apropos a Business Recorder news item "Textile sector takes a dim view of FY22 budget" carried by the...

KP business community terms Budget FY22 balanced

Updated 12 Jun, 2021 05:36am

PESHAWAR: Business community here on Friday termed the federal budget for fiscal year 2021-22, as a 'balanced',...

Budget FY22: 'Widening of tax base, incentives for industry can lift GDP'

Published 07 Jun, 2021 03:34am

ISLAMABAD: The economic managers, in the upcoming federal budget 2021-22, should incentivize investors, broaden tax...

Bilawal criticises govt’s approach to FY22 budget

Published 06 Jun, 2021 02:56am

ISLAMABAD: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari Saturday said Pakistan Tehreek-e-Insaf (PTI)...

FY22 budget: Tarin hints at approaching opposition parties

Published 31 May, 2021 03:12am

ISLAMABAD: While unveiling 2021-22 budget plan, Finance Minister Shaukat Tarin said on Sunday that he would be...

FY22 budget to serve IMF interests: Bilawal

Updated 30 May, 2021 03:38pm

ISLAMABAD/KARACHI: Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari has said the upcoming budget will...

There will be no power tariff, taxation hikes in FY22 budget: Tarin

Published 24 May, 2021 04:03am

ISLAMABAD: Finance Minister Shauakt Tarin on Sunday said that the budget FY21-22 will be presented in mid June....

FY22 Budget: Special relief to be given to salaried class: Rashid

Published 24 May, 2021 04:03am

ISLAMABAD: Minister for Interior Sheikh Rashid Ahmad, Sunday said that the government would provide incentives to ...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

Budget FY22

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