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 / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 20	162.52
USD to Swiss Franc / Jul 20	0.81
Pound Sterling to USD / Jul 20	1.34
Euro to USD / Jul 20	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
India Sensex / Jul 20	77,708.52
Tokyo Nikkei / Jul 20	64,141.12
Nasdaq / Jul 20	25,508.07
Hang Seng / Jul 20	25,143.05
FTSE 100 / Jul 20	10,524.76
Dow Jones / Jul 20	51,839.26
Germany DAX 30 / Jul 20	24,846.69
France CAC40 / Jul 20	8,340.11

Item	Value
Crude Oil USD/Barrel / Jul 20	83.17
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Gold Spot USD/Ounce / Jul 20	4,017.31
Cotton US¢/pound / Jul 20	78.92
Petrol/Litre / Jul 21	316.15
Diesel/Litre / Jul 21	354.35

Gainers
Losers
Leaders

Stock	Price
Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
TPL Insurance / Jul 20 TPL Insurance Limited(TPLI)	64.08 ▲ 5.83 (10.01%)
Ahmad Hassan / Jul 20 Ahmad Hassan Textile Mills Limited(AHTM)	100.21 ▲ 9.11 (10%)
Baba Farid Sugar / Jul 20 Baba Farid Sugar Mills Limited(BAFS)	460.42 ▲ 41.86 (10%)
Crescent Cotton / Jul 20 Crescent Cotton Mills Limited(CCM)	59.05 ▲ 5.37 (10%)
National Silk / Jul 20 The National Silk & Rayon Mills Limited(NSRM)	299.43 ▲ 27.22 (10%)
Olympia Mills / Jul 20 Olympia Mills Limited(OML)	118.34 ▲ 10.76 (10%)
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49.05 ▲ 4.46 (10%)
Husein Industries / Jul 20 Husein Industries Limited(HUSI)	55 ▲ 5 (10%)
Leather Up Ltd. / Jul 20 Leather Up Limited(LEUL)	45.98 ▲ 4.18 (10%)

Stock	Price
Khairpur Sug. / Jul 20 Khairpur Sugar Mills Limited(KPUS)	1,684.32 ▼ -187.15 (-10%)
Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.04 ▼ -6.23 (-10%)
S.G.Power / Jul 20 S.G. Power Limited(SGPL)	87.83 ▼ -9.76 (-10%)
Maqbool Textile / Jul 20 Maqbool Textile Mills Limited(MQTM)	33.43 ▼ -3.71 (-9.99%)
Ideal Dynamics / Jul 20 Ideal Dynamics Limited(IDEAL)	49.50 ▼ -5.25 (-9.59%)
Fateh Sports / Jul 20 Fateh Sports Wear Limited(FSWL)	136.39 ▼ -13.9 (-9.25%)
Buxly Paints / Jul 20 Buxly Paints Limited(BUXL)	173.04 ▼ -16.9 (-8.9%)
ARM Green Industries / Jul 20 ARM Green Industries Limited(ARMG)	64.63 ▼ -6.07 (-8.59%)
Elahi Cotton / Jul 20 Elahi Cotton Mills Limited(ELCM)	216.01 ▼ -20.08 (-8.51%)
Metro Steel / Jul 20 Metropolitan Steel Corporation Limited(MSCL)	22.03 ▼ -2.02 (-8.4%)

Stock	Volume
Cnergyico PK / Jul 20 Cnergyico PK Limited(CNERGY)	166,059,814 ▲ 0.8
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49,159,104 ▲ 4.46
TPL Properties / Jul 20 TPL Properties Limited(TPLP)	38,436,785 ▲ 0.41
Trust Sec.& Brok. / Jul 20 Trust Securities & Brokerage Limited(TSBL)	36,283,729 ▲ 0.15
K-Electric Ltd. / Jul 20 K-Electric Limited(KEL)	27,615,297 ▼ -0.07
Lotte Chemical / Jul 20 Lotte Chemical Pakistan Limited(LOTCHEM)	17,575,908 ▲ 0.54
WorldCall Telecom / Jul 20 Worldcall Telecom Limited(WTL)	15,089,114 ▲ 0
B.O.Punjab / Jul 20 The Bank of Punjab(BOP)	14,202,726 ▲ 0.01
Maple Leaf Cement / Jul 20 Maple Leaf Cement Factory Limited(MLCF)	13,521,739 ▲ 0.86
F. Nat.Equities / Jul 20 First National Equities Limited(FNEL)	13,125,536 ▲ 0.01

Budget FY22

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