Budget 2024-25: PBC for documenting economy as per Indian model ISLAMABAD: Pakistan Business Council (PBC) has strongly proposed Finance Minister Muhammad Aurangzeb to implement... Published 21 May, 2024 03:39am
Opinion IMF projections for FY2024-25 The IMF Staff Report on the Second and Final Review under the Stand-by Arrangement was released on the 10th of May... Published 21 May, 2024 03:39am
Pakistan ‘Not an experiment’: At 59, Miftah Ismail is hoping for a sweet transition with political party launch KARACHI: At 59, Dr Miftah Ismail can lead a sweet life. A little over 31% share in a company valued by stock market... Updated 20 May, 2024 11:14am
Opinion Flawed IMF programme design The International Monetary Fund’s (IMF’s) analysis and prescriptions in the second and final review document... Updated 20 May, 2024 06:19am
Print Govt eyeing new steps to achieve Rs1trn plus taxation Budget makers are considering further increasing difference of withholding tax rates between filers and non-filers of returns Updated 20 May, 2024 07:05pm
Editorials State of the economy EDITORIAL: The government reduced prices of petroleum and products significantly effective 16 May till the end of... Updated 20 May, 2024 06:12am
Markets Weekly Review: Cotton prices slightly down; yarn traders say seek a level playing field KARACHI: The new season of cotton has partially begun. There has been an increase in the partial arrival of cotton... Published 20 May, 2024 05:44am
Markets Marginal decline KARACHI: After back-to-back positive weeks, the rupee saw a marginal decline as it depreciated Re0.09 or 0.03%... Published 20 May, 2024 05:44am
Markets PSX hits new highest-ever level KARACHI: Pakistan Stock Exchange witnessed bullish trend and hit new highest ever level during the outgoing week... Published 20 May, 2024 05:44am
Business & Finance Hike in FED, GST on tobacco in budget: Shehla urges MPs, stakeholders to join efforts ISLAMABAD: Member National Assembly Shehla Raza Friday asked the parliamentarians and stakeholders to join efforts... Published 18 May, 2024 05:45am
Print FATA, PATA regions: No law under study to grant tax relief: Aurangzeb ISLAMABAD: Federal Minister for Finance Senator Muhammad Aurangzeb said there is no legislation under government... Updated 17 May, 2024 09:07am
Print Borrowings, mark-up payments: Policy rate hike pushed up FY23 cost The expenditure on mark-up payments was Rs5,696 billion in fiscal year 2022-23 against Rs3,950 billion estimated in the budget Updated 17 May, 2024 09:44am
Print Immovable properties: Hike in advance tax on purchase likely Taxation on real estate discussed during ongoing meetings between FBR and IMF Updated 17 May, 2024 11:39am
Business & Finance Budget: APCPC demands govt consult business community ISLAMABAD: All Pakistan Chambers Presidents Conference (APCPC) threatened the government of rejecting the budget for... Published 17 May, 2024 05:50am
Business & Finance Budget proposals: KCCI demands out-of-box solutions to save nose-diving economy KARACHI: High rate of inflation has pushed the prices of consumer goods and commodities to a level where these are... Published 17 May, 2024 05:50am
Print Juices, cigarettes prime focus: Govt plans to rationalise FED regime in budget ISLAMABAD: The government is planning to rationalise Federal Excise Duty (FED) regime in the coming budget with... Updated 16 May, 2024 09:26am
Print Development budget, PSDP: PM directs setting up of Ahsan-led panel ISLAMABAD: Prime Minister Shehbaz Sharif has directed that a cabinet committee to be headed by the Minister for... Updated 16 May, 2024 09:02am
Business & Finance SPARC says seeks increased taxation on cigarettes ISLAMABAD: Society for the Protection of the Rights of the Child (SPARC) has proposed Federal Board of Revenue (FBR)... Published 16 May, 2024 06:28am
Business & Finance All services under PRA will be brought under tax net: Minister LAHORE: In order to facilitate the documentation of the economy in Punjab, all services under the Punjab Revenue... Published 16 May, 2024 06:28am
Business & Finance Import of black tea: Govt decides to revise structure of duties, taxes ISLAMABAD: The government has decided to revise duties and taxes structure on the import of black tea in coming... Published 16 May, 2024 06:28am
Editorials Political uncertainty or just bad economics? EDITORIAL: The refrain that political uncertainty is exacerbating the economic impasse due to inconsistent policies,... Published 16 May, 2024 06:28am
Business & Finance H1: Fiscal deficit increases to 2.3pc of GDP KARACHI: Fiscal deficit increased to 2.3 percent of GDP in the first half of FY24 from 2.0 percent in the same ... Published 15 May, 2024 05:47am
Print FBR proposes Rs1.3trn new taxation measures Chalks out plan including additional taxes, withdrawal of exemptions and zero-ratings and taxation of real estate/retail sectors Updated 15 May, 2024 10:44am
Business & Finance IT services exporters: P@SHA proposes taxation reforms KARACHI: Pakistan Software Houses Association (P@SHA), has apprised that the unanimous and representative budgetary... Published 15 May, 2024 05:47am
Business & Finance H1FY24: Services sector posts a meagre growth of 0.5pc KARACHI: Not withstanding robust agriculture growth and a moderate recovery in LSM during the second quarter of ... Published 15 May, 2024 05:47am
Business & Finance H1FY24: Contained CAD, better inflows help improve external account KARACHI: Pakistan’s external account improved in the first half of FY24, as current account deficit (CAD) remained... Published 15 May, 2024 05:47am
Business & Finance Q2 of FY24: Industrial production records contraction for 4th consecutive quarter KARACHI: The industrial production recorded contraction for the fourth consecutive quarter in the second quarter of... Published 15 May, 2024 05:47am
Business & Finance NGO for tax reforms in cigarette manufacturing sector ISLAMABAD: Capital Calling, an Islamabad-based think tank, has pointed out that cigarette manufacturing is one of ... Published 15 May, 2024 05:47am
Print Finance Div earmarks Rs573.9m provisional IBCs for FY24-25 ISLAMABAD: Finance Division has reportedly earmarked Rs 573.915 million Provisional Indicative Budget Ceilings... Updated 14 May, 2024 09:34am
Print NA budget session to commence on June 6 ISLAMABAD: The ongoing National Assembly session will discuss the proposals regarding the coming budget session for... Updated 14 May, 2024 09:11am