Business & Finance Scope of EFC curtailed ISLAMABAD: The government has curtailed the scope of the Export Facilitation Scheme (EFC) of exporters under the... Published 13 Jun, 2024 06:22am
Business & Finance SCCI urges govt to review budget proposals PESHAWAR: President, Sarhad Chamber of Commerce and Industry Fuad Ishaq said the government has attempted to present... Published 13 Jun, 2024 06:22am
Print Rs30bn sell-off income target set ISLAMABAD: The federal government has set a budgeted target of collecting Rs30 billion through privatisation... Updated 13 Jun, 2024 09:33am
Print BISP allocated Rs598.71bn ISLAMABAD: Benazir Income Support Programme (BISP) has been budgeted at Rs598.71 billion in financial year 2024-25,... Updated 13 Jun, 2024 09:32am
Print Finance Bill 2024: New ‘late filers’ category introduced Category created to attract higher rate of tax for late filing of income tax return Updated 13 Jun, 2024 03:48pm
Print Prepaid internet, phone cards: Govt increases income tax rate for non-filers ISLAMABAD: The government has increased the income tax rate for non-filers purchasing prepaid internet and phone... Updated 13 Jun, 2024 09:34am
Print Non-tax revenue: Rs32.6bn earmarked from 4G/5G licences ISLAMABAD: The government has budgeted Rs32.612 billion from 4G/5G licenses under the head of non-tax revenue for... Updated 13 Jun, 2024 09:36am
Print Defence budget raised by 17.6pc ISLAMABAD: The federal government on Wednesday budgeted Rs2,128.8 billion for defence affairs and services for... Updated 13 Jun, 2024 03:47pm
Print No amount from IMF loans budgeted for budgetary support ISLAMABAD: The government has budgeted no amount from the International Monetary Fund (IMF) loans for budgetary... Updated 13 Jun, 2024 09:36am
Print With 48pc cut Rs4.37bn earmarked for Interior Division ISLAMABAD: The government has earmarked a sum of Rs4.37 billion for Interior Division for fiscal year 2024-25 under... Updated 13 Jun, 2024 09:46am
Print Finance Bill 2024 laid in Senate ISLAMABAD: Finance Minister Muhammad Aurangzeb, Wednesday, moved a copy of the Finance Bill 2024 in Senate, which... Updated 13 Jun, 2024 09:37am
Print Govt proposes increase in PL rate ISLAMABAD: The federal government has proposed an increase in petroleum levy to Rs 80 per litre on petrol and diesel... Updated 13 Jun, 2024 09:47am
Print Ministry of Law & Justice: Rs1368.874m earmarked for development schemes in PSDP ISLAMABAD: The federal government earmarked Rs1368.874 million for 10 ongoing and seven new schemes of the Ministry... Updated 13 Jun, 2024 09:37am
Pakistan Fiscal deficit target of 6.9pc of GDP set ISLAMABAD: The government has budgeted overall fiscal deficit at an unsustainable 6.9 percent of GDP for 2024-25... Published 13 Jun, 2024 03:32am
Pakistan A whopping 103.7pc raise in power subsidy ISLAMABAD: The federal government has increased subsidy for power sector by a whopping 103.7 percent – from the... Published 13 Jun, 2024 03:32am
Pakistan Coal, gypsum and plastic waste: 80pc GST withholding rate on supplies proposed ISLAMABAD: The Finance Bill 2024 has proposed a sales tax withholding rate of 80 percent on supplies of coal,... Published 13 Jun, 2024 03:32am
Pakistan Rs9.775trn to be spent on debt servicing ISLAMABAD: The country will spend around Rs 9.775 trillion on debt servicing including interest payments and... Published 13 Jun, 2024 03:32am
Business & Finance Key highlights of Budget 2024-25 Business Recorder takes a look at key points Updated 15 Jun, 2024 01:20pm
Technology Budget 2024-25: IT sector unhappy with proposals Current budget does not show promise that has repeatedly been made by the government, say professionals Updated 13 Jun, 2024 02:11am
Technology Budget proposals 2024-25: telecom sector in a fix The latest budget proposals in Pakistan have raised concerns in the telecommunications sector. The government’s... Published 13 Jun, 2024 12:39am
Markets We protected the salaried class, says finance minister Aurangzeb after budget speech Federal Minister for Finance and Revenue on Wednesday brushed off the impression that the government targeted the... Published 13 Jun, 2024 12:03am
Business & Finance Budget 2024-25: govt shifts to price-based car taxation, end of concessions for imported hybrids The Pakistani government announced a shift in car taxation policy as part of its latest budget 2024-25 proposals.... Published 12 Jun, 2024 10:52pm
Pakistan Budget 2024-25: Pakistan eyes over $20bn in external financing Authorities in Islamabad have budgeted Rs5.685 trillion or over $20.3 billion to be acquired through external... Published 12 Jun, 2024 10:20pm
Business & Finance Fear comes alive: all salaried persons earning over Rs50k a month to bear higher taxation in FY25 Govt maintains number of tax slabs at 6 and exemption till Rs50,000, but increases tax liability for all other salary earners Updated 12 Jun, 2024 10:15pm
Pakistan Budget 2024-25 updates: Pakistan targets 3.6% growth, 38% higher FBR taxes as Aurangzeb presents proposals Finance Minister Muhammad Aurangzeb announced Pakistan’s federal budget 2024-25, targeting a modest 3.6% growth for... Updated 12 Jun, 2024 11:56pm
Pakistan Taxes galore: experts stress on promoting industrialisation, reducing expenditure Finance Minister Muhammad Aurangzeb will announce budget proposals for the coming fiscal year in a short while... Updated 12 Jun, 2024 05:32pm
Pakistan PM discusses proposed budget with President ISLAMABAD: Prime Minister Shehbaz Sharif, Tuesday, called on President Asif Ali Zardari and discussed the upcoming... Published 12 Jun, 2024 06:51am
Pakistan Budget preparation: No input taken from PPP: Marri ISLAMABAD: The meeting of the parliamentary committee of the Pakistan Peoples Party was held Tuesday in the meeting... Published 12 Jun, 2024 06:51am
Pakistan Cumulative education expenditures decline ISLAMABAD: The cumulative education expenditures by federal and provincial governments declined as a percentage of... Published 12 Jun, 2024 06:51am