Trends - Budget FY25 - Business Recorder

Opinion

FED on transfer of immoveable property

“Accordingly CVT was abolished through the Finance Act 2010 as charge and levy of CVT became a provincial subject....

Updated 12 Jul, 2024 08:55am

Opinion

Middle class on a spinning wheel

Benjamin Franklin’s famous quote, “In this world, nothing can be said to be certain except death and taxes,”...

Published 11 Jul, 2024 07:37am

Business & Finance

Fruit and Vegetables Association team meets LCCI chief

LAHORE: A delegation from the Fruit and Vegetables Association held a meeting with Kashif Anwar, President of the...

Published 11 Jul, 2024 06:32am

Opinion

‘Nationwide protests’?

It seems the mainstream press is finally waking up to the social implications of the new tax regime. So far it’s...

Published 11 Jul, 2024 05:51am

Pakistan

Aurangzeb meets Sir Michael Barber

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb had a meeting with the Founder and...

Published 09 Jul, 2024 06:15am

Opinion

Outlook for FY25

The fiscal year, 2024-25, promises to be an eventful year. It will see early negotiations between the Government of...

Updated 09 Jul, 2024 07:39am

Pakistan

There is a deficit of ‘positive politics’, says Bilawal

PESHAWAR: Chairman Pakistan Peoples Party, Bilawal Bhutto Zardari addressing a press conference said that he was...

Published 09 Jul, 2024 05:17am

Print

Govt embarks on the path of rightsizing itself

Seeks information from five ministries about their actual and revised budget for 2023-24 and budget for 2024-25

Updated 09 Jul, 2024 09:33am

Print

Tax-to-GDP ratio in FY24 stands at 9pc: FBR

ISLAMABAD: The Tax-to-GDP ratio stood at 9 percent during 2023-24, according to the Federal Board of Revenue (FBR)...

Updated 09 Jul, 2024 09:03am

Editorials

There’s need to say ‘no’ emphatically

EDITORIAL: One of the most challenging and thankless jobs under the current economic conditions in Pakistan is that...

Updated 08 Jul, 2024 08:34am

Print

Taxes: Aurangzeb for breaking IMF bailout cycle

It's about time we get real, ball is in our court to provide bankable and investable projects, says finance minister on attracting foreign investment

Updated 08 Jul, 2024 12:17pm

Business & Finance

Finance Act 2024: FBR SROs to cause business closures: LCCI

LAHORE: The Lahore Chamber of Commerce and Industry has urged the government to address the concerns of business...

Published 06 Jul, 2024 06:48am

Business & Finance

Value-added textile exporters demand resumption of FTR

LAHORE: Expressing serious concerns over the Finance Act 2024, the value-added textile exporters have urged the...

Published 06 Jul, 2024 06:48am

Business & Finance

Govt urged not to succumb to IMF pressure

KARACHI: President of United Business Group (UBG), Zubair Tufail has said that the government should not mortgage ...

Published 06 Jul, 2024 06:36am

Opinion

Emerging challenges to the economy

The budget 2024-25 formulated to qualify for the 25th IMF programme has been passed by the parliament. Now the IMF...

Updated 06 Jul, 2024 06:53am

Print

SC concerned at no budgetary allocation for climate fund

ISLAMABAD: The Supreme Court expressed concern that the federal and provincial governments have not allocated any...

Updated 06 Jul, 2024 09:18am

Markets

PPDA calls off strike

KARACHI: The Pakistan Petroleum Dealers Association (PPDA) on Friday called off its strike and announced to open all...

Published 06 Jul, 2024 05:18am

Business & Finance

After fresh tax: milk in Pakistan becomes more expensive than in France

Milk prices in Pakistan surged by more than a fifth after a new tax was applied in the federal budget, making the...

Published 04 Jul, 2024 07:44pm

Pakistan

Pharma, healthcare sectors also reeling amid economic crisis

KARACHI: Pakistan’s economy and its people are facing a health crisis. With an economy burdened by high debt and...

Published 04 Jul, 2024 06:09am

Pakistan

Balochistan spends Rs3.39bn extra on operating expenses in FY 2023-24

QUETTA: Balochistan's fiscal management comes under scrutiny as it emerges that the provincial government exceeded...

Published 04 Jul, 2024 05:47am

Print

IMF lauds economic decisions, efforts to hike gas prices

Holds virtual talks with Pakistan on the efforts made in the budget to meet the conditions

Updated 04 Jul, 2024 10:24am

Print

Export growth: MoC angry with MoF for ignoring its budget proposals

ISLAMABAD: The Commerce Ministry on Wednesday showed its wrath against the Finance Ministry for not making its...

Updated 04 Jul, 2024 03:05pm

Opinion

Some key budgetary magnitudes

The Federal Budget for 2024-25 has been examined by the Parliament and following some amendments it has been...

Updated 02 Jul, 2024 06:30am

Editorials

Heading towards the breaking point

EDITORIAL: Finance Minister Muhammad Aurangzeb’s claims at a news conference after parliament passed the budget ...

Updated 02 Jul, 2024 06:27am

Print

Business-friendly policies infuse foreign investors’ trust: PM

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday said that the business friendly policies of the incumbent...

Updated 02 Jul, 2024 09:28am

Pakistan

FY 2023-24: KP’s loan portfolio may surge to Rs635bn

PESHAWAR: The loan portfolio of Khyber Pakhtunkhwa is likely to increase to Rs.635 billion by end of the fiscal year...

Published 01 Jul, 2024 07:01am

Pakistan

President gives his assent to Finance Bill 2024

ISLAMABAD: President Asif Ali Zardari has accorded his approval to Finance Bill 2024 on the advice of the Prime...

Published 01 Jul, 2024 07:01am

Opinion

Budget tightens the screws on urban middle class

The FY25 budget has been passed, potentially securing next programme from the IMF (International Monetary Fund) and...

Updated 01 Jul, 2024 07:22am

Print

New taxation steps come into effect today

Government enforces new taxation measures of Rs1.761 trillion

Updated 01 Jul, 2024 09:23am

Print

IMF bailout plan likely in July

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb expressed optimism on Sunday that Pakistan...

Updated 01 Jul, 2024 09:44am