Trends - Budget FY25 - Business Recorder

Business & Finance

President Zardari gives assent to Finance Bill

The Finance Bill will take effect on July 1, 2024, according to a press release from the President's Secretariat

Updated 30 Jun, 2024 10:28pm

Business & Finance

QWP chief for adopting austerity steps as no relief for poor in budget

PESHAWAR: Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao while commenting on the federal budget said that...

Published 30 Jun, 2024 02:58am

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Budget approved by NA ahead of fresh IMF loan

The approved budget includes several amendments from the original proposal presented on June 12

Updated 29 Jun, 2024 02:13pm

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Additional taxation steps taken thru amendments to Finance Bill

Surcharge shall be payable by every individual and association of persons at the rate of 10 percent of the income tax imposed under Division-I of Part-I of the First Schedule where the taxable income exceeds Rs10 million

Updated 29 Jun, 2024 07:43pm

Opinion

Federal budget and pro-cyclical policy

The federal budget, due to come into effect in the next few days, has continued with the pro-cyclical policy...

Updated 28 Jun, 2024 03:16pm

Business & Finance

OICCI says has identified ‘critical anomalies’

KARACHI: In a letter to the FBR Anomaly Committee, the Overseas Investors Chamber of Commerce and Industry (OICCI)...

Updated 28 Jun, 2024 09:16am

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NA may approve budget today

ISLAMABAD: The National Assembly Friday (June 28) is likely to approve Budget-2024-25 including The Finance Bill,...

Updated 28 Jun, 2024 09:17am

Pakistan

Budget 2024-25: a mixed bag for Pakistan’s climate change efforts

Pakistan’s Finance Minister Mohammad Aurangzeb, in his budget 2024-25 speech, said Pakistan faces dangers due to the...

Updated 27 Jun, 2024 09:59pm

Perspectives

Protests in Kenya have a lesson for Pakistan, but is the govt listening?

At least 10 protesters were killed during protests, and a section of parliament went up in flames as demonstrations...

Published 27 Jun, 2024 08:51pm

Editorials

IMF has role in budget: nothing but the truth

EDITORIAL: Prime Minister Shehbaz Sharif stated on the floor of the House after the wind-up speech of the Federal...

Published 27 Jun, 2024 06:52am

Pakistan

‘Unless there’s political input’ Budget will be ‘by the babus, for the babus and of the babus,’ says Bilawal

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto-Zardari has said that unless and until there is...

Published 26 Jun, 2024 03:15am

Business & Finance

AJK govt unveils over Rs220bn FY2024-25 budget

MIRPUR: The Azad Jammu & Kashmir (AJK) government on Tuesday presented a budget of over Rs 220 billion for the...

Published 26 Jun, 2024 03:15am

Pakistan

AJK govt presents over Rs220bn budget for FY2024-25

Development expenditure for upcoming fiscal year projected at Rs44 billion

Updated 25 Jun, 2024 10:58pm

Pakistan

After higher taxation, a quiet ‘revolution’ is taking place within Pakistan’s salaried group

Some members of 'Salaried Class Alliance Pakistan' hold press briefing at Karachi Press Club, outlining grievances with 'unfair taxation measures'

Published 25 Jun, 2024 07:39pm

Pakistan

Honoraria for NA, Senate staff but no change in tax rates for salaried group as Aurangzeb wraps up budget discussion

Finance minister Aurangzeb says reduced sales tax to continue to apply on Hybrid Electric Vehicles, stationary items to remain exempted

Updated 25 Jun, 2024 07:32pm

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Bank deposits: Non-filers can face prospect of 30pc tax

ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) President Atif Ikram Sheikh and...

Updated 25 Jun, 2024 08:28am

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Budget: opposition submits 460 cut motions

ISLAMABAD: The opposition parties in the National Assembly (NA) have submitted as many as 460 motions to cut the...

Updated 25 Jun, 2024 08:27am

Pakistan

Finance Bill 2024: Senate proposes whopping 128 recommendations to National Assembly

Senate Standing Committee on Finance unanimously rejects increase in tax on low-tier salaried class, Chairman Saleem Mandviwalla says

Updated 24 Jun, 2024 11:02pm

Pakistan

Aurangzeb assures ‘favourable outcomes’ for public, business in final budget

Finance Division says recommendations being noted and will be considered in finalisation of budget

Updated 24 Jun, 2024 10:50pm

Opinion

Stock market growth mirage

The stock market is booming, and the KSE 100 index has almost doubled in the past year. The market is at an all-time...

Published 24 Jun, 2024 07:25am

Opinion

The FY25 budget

“I am from the corporate world”, Muhammad Aurangzeb, Federal Finance Minister, proudly stated in a post-budget...

Published 24 Jun, 2024 07:21am

Editorials

Budget strengthens IMF deal prospects?

EDITORIAL: The rating agency Fitch reaffirmed Pakistan’s rating at CCC reflective of continuing external funding...

Published 24 Jun, 2024 07:16am

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Budget: govt accepts all PPP demands?

Sources say government agrees to prefer PPP for development funds

Updated 24 Jun, 2024 09:32am

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Parties stand divided over anti-terrorism operation

ISLAMABAD: The National Assembly’s budget session began on a stormy note on Sunday with Pakistan...

Updated 24 Jun, 2024 09:00am

Business & Finance

PFVA demands restoration of 1pc tax regime

KARACHI: Fruit and vegetable exporters have rejected the new proposed tax regime for exporters and demanded...

Updated 24 Jun, 2024 08:44am

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Value-added textile exporters reject 29pc standard taxation

LAHORE: Value-added textile exporters have rejected the proposed shift from one percent turnover-based Final Tax...

Updated 24 Jun, 2024 12:33pm

Business & Finance

‘Too many’ indirect taxes in budget will fuel poverty: NBG

KARACHI Chairman of National Business Group Pakistan, Mian Zahid Hussain has said that some conditions of the...

Published 24 Jun, 2024 07:00am

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Tax measures to stoke inflation: Senate panel

ISLAMABAD: The Senate Standing Committee on Finance has expressed serious concerns over the proposed tax measures in...

Updated 23 Jun, 2024 03:16pm

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Budget debate: MPs emphasise on export-led growth and tax reforms

ISLAMABAD: The lawmakers on Saturday emphasised on export-led growth, alternative sources of energy and tax reforms...

Updated 23 Jun, 2024 04:43pm

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Budget: IMF hails ‘tough decisions’

Sources say Pakistan and Washington-based lender have made significant progress in their virtual negotiations

Updated 23 Jun, 2024 05:51pm