Topic

Budget FY24

Contractual obligations, rollovers, loans: PM’s China visit aims at getting a breathing space

Updated 04 Jun, 2024 09:41am

Sources say PM hopes to secure Chinese cooperation in agriculture, information technology, energy, and alternative energy under CPEC

IMF says its mission to visit this month

Updated 06 May, 2024 09:00am

KARACHI: An International Monetary Fund mission is expected to visit Pakistan this month to discuss a new programme,...

Budget proposals: PBC calls for mining FBR data to identify new taxpayers

Updated 02 May, 2024 10:41pm

The Pakistan Business Council (PBC), the country’s largest corporate sector advocacy platform, has urged the...

Upcoming budget: Experts support stabilisation reforms

Updated 25 Apr, 2024 08:54am

ISLAMABAD: In the context of a forthcoming IMF program and upcoming budget for FY 2024-2035, economic minds on...

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

Updated 14 Jul, 2023 09:27am

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

Budget places emphasis on ‘growth-inducing’ sectors: PM Shehbaz

Published 12 Jun, 2023 03:56pm

Says procurement of crude oil from Russia is part of energy security plan

Budget FY24 – what’s there for IT?

Published 12 Jun, 2023 08:34am

The IT sector was among the sectors that received some relief measures in the Budget. According to the finance...

Budget 2023-24: incentives fail to entice stakeholders in IT sector

Published 10 Jun, 2023 01:43am

Say measures are insufficient to raise exports substantially

Budget 2023-24: price of imported used cars over 1,300cc to get expensive

Published 10 Jun, 2023 01:21am

The government has withdrawn the cap of fixed duties and taxes on the import of old and used vehicles of ‘Asian...

On digital payments: services tax on restaurants in ICT reduced in federal budget

Updated 09 Jun, 2023 07:35pm

Under the ICT (tax on services) Ordinance, 2001, the government of Pakistan proposed to reduce services tax on...

How experts view the upcoming budget announcement

Updated 09 Jun, 2023 05:22pm

Business Recorder reaches out to experts to know their expectations for budget

There will be no winners, say experts ahead of budget announcement

Updated 07 Jun, 2023 08:35pm

Trapped in economic crisis coupled with political instability and lingering IMF programme, govt seems to have its hands tied

You don’t need AI to predict Dar’s budget speech. This is how it will likely go

Updated 06 Jun, 2023 11:59pm

Finance Minister Ishaq Dar is scheduled to announce the budget proposals this Friday. He last announced the budget...

Essential commodities: FBR considering reducing tax rates thru FY24 budget

Updated 04 Jun, 2023 09:41am

Other proposals included permission for wheat imports by the private sector to bridge the shortfall, declaration of rice as an industry, tax exemption to students working in the IT sector, level playing field for the solar sector, and tax amnesty for the construction sector

Budget FY24: govt could take steps ‘to appease public’, says Topline

Published 03 Jun, 2023 06:27pm

Facing massive political pressure, the government could take steps “to appease the public” in the upcoming budget...

PAMA urges govt not to amend basis of withholding tax

Published 02 Jun, 2023 06:49pm

Reacts to reports that govt will change basis of WHT from engine-size of cars to invoice price

PM explains govt’s approach to FY24 budget

Updated 31 May, 2023 08:54am

ISLAMABAD: Prime Minister Shehbaz Sharif has directed to finalise the proposals forwarded by the industrial sector...

Federal budget to be made keeping all constraints in view: Ishaq Dar

Updated 30 May, 2023 11:33pm

Says government will try to provide as much relief to public as possible

Budget FY24: speakers urge KP govt to prioritise education

Published 29 May, 2023 04:27am

PESHAWAR: Speakers at a pre-budget seminar on girls’ have urged the Khyber Pakhtunkhwa government to keep ...

Pakistan to share budget details with IMF to unlock funds: finance minister

Published 28 May, 2023 11:03pm

ISLAMABAD: Pakistan's Finance Minister Ishaq Dar said on Sunday the country will share its upcoming budget details...

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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 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
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
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Allawasaya Tex / Jun 4 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,707.26 ▲ 155.21 (10%)
Nets Internat.Comm. / Jun 4 Nets International Communication Limited(GEMNETS)	27.95 ▲ 2.54 (10%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.36 ▲ 0.99 (9.55%)

Stock	Price
Arpak Int. / Jun 4 Arpak International Investments Ltd.(ARPAK)	106 ▼ -9.45 (-8.19%)
Gulshan Sp. / Jun 4 Gulshan Spinning Mills Limited(GSPM)	5.77 ▼ -0.41 (-6.63%)
Blessed Tex. / Jun 4 Blessed Textiles Limited(BTL)	1,110 ▼ -74.3 (-6.27%)
Dewan Textile / Jun 4 Dewan Textile Mills Limited(DWTM)	9.05 ▼ -0.59 (-6.12%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	2,041.50 ▼ -123.11 (-5.69%)
Dawood Equities / Jun 4 Dawood Equities Limited(DEL)	19.40 ▼ -1.16 (-5.64%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	78 ▼ -4.48 (-5.43%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.40 ▼ -2.48 (-4.97%)
Sindh Abadgar / Jun 4 Sindh Abadgar's Sugar Mills Limited(SASML)	388 ▼ -17 (-4.2%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	43,272,261 ▲ 0.21
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	12,516,956 ▲ 2.49
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	12,068,854 ▲ 0.34
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	10,255,031 ▲ 1.97
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	9,596,613 ▲ 0.45
Telecard Limited / Jun 4 Telecard Limited(TELE)	8,510,356 ▲ 0.44
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	7,464,580 ▲ 0.15
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	7,289,006 ▲ 0.36
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	6,029,496 ▲ 0.45
Interloop Ltd. / Jun 4 Interloop Limited(ILP)	4,236,058 ▲ 1.48

Budget FY24

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