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budget

Govt in comfortable position after overcoming economic crisis : Pervez Khattak

He said the government would not face any problem in the passage of budget from the parliament. Pervez Khattak said that budget would give maximum relief to poor people with more focus on development projects.

Published 30 May, 2021 11:28pm

Editorials

Boosting exports

EDITORIAL: It’s no surprise that the government is extremely keen to promote exports and is striving to provide ...

Published 29 May, 2021 03:59am

Yusuf Khan made secretary finance

ISLAMABAD The government has replaced the secretary finance two weeks ahead of the presentation of the budget for ...

Published 28 May, 2021 04:08am

Business

Advance income tax on telecom sector to be reduced

ISLAMABAD: The Finance Ministry has assured of reducing advance income tax on telecom sector from 12.5 percent to 10...

Published 27 May, 2021 03:40am

Business & Finance

Budget proposals: LCCI remains engaged with policy makers

LAHORE: President of the Lahore Chamber of Commerce Mian Tariq Misbah remained extensively engaged with various...

Published 24 May, 2021 04:03am

Editorials

Challenges for budget 2021-22

EDITORIAL: Finance Minister Shaukat Tarin faces multiple challenges in formulating the budget – economic and...

Published 24 May, 2021 04:03am

Pakistan

Govt to provide special relief to salaried class in budget: Sheikh Rasheed

He said that despite the epidemic and unfavorable international economic conditions, the 4 percent GDP growth rate was a testament to the extraordinary performance of Prime Minister and his economic team.

Published 23 May, 2021 06:59pm

BR Research

Policy rate: hide and seek

The SBP has picked more than the target in the latest T-Bill Auction and that is without any change (apart from 5 ...

Published 21 May, 2021 07:25am

Business & Finance

New Zealand's budget boosts benefits, focuses on pandemic recovery

Massive spending was targeted towards housing, healthcare and infrastructure, while funds were also allocated to addressing child poverty and climate change.

Published 20 May, 2021 01:10pm

Pakistan

Tareen to vote and support PM during budget, hopes Rashid

ISLAMABAD: Minister for Interior Sheikh Rashid Ahmed, on Wednesday, said estranged PTI leader Jahangir Tareen, who...

Updated 20 May, 2021 09:24am

Tarin’s approach to Budget FY22 ‘Well thought out’ tax reforms

ISLAMABAD: Finance Minister, Shaukat Tarin has said that “well thought out” tax reforms would be included in the...

Published 20 May, 2021 04:26am

FY22 budget to be aimed at boosting agri output: govt

ISLAMABAD: The government said on Tuesday that the agriculture ministry is bringing a new proposal in the upcoming...

Published 19 May, 2021 06:00am

Pakistan

Mega-scheme for Karachi: Sindh govt releases Rs1.578bn

KARACHI: Sindh government released Rs 1.578 billion under the head of mega-projects Karachi by the end of first week...

Updated 12 May, 2021 10:28am

Business & Finance

Sindh initiates Participatory Form of Budgeting

“Citizens are requested to fill the questionnaire/survey designed to incorporate the citizens’ recommendations in next year’s budget,” it added.

Published 11 May, 2021 10:53am

Business & Finance

Moving towards growth mode, Pakistan to spend $6bn on development

“That’s the bare minimum we need for a country this size,” said Tarin, who will be presenting a new budget in June.

Published 10 May, 2021 12:46pm

High-level meeting on budget 2021-22: Development spending under govt focus

ISLAMABAD: Prime Minister Imran Khan has directed that the development projects be prioritised in the upcoming...

Published 03 May, 2021 04:39am

There’s no proposal to withdraw Section 8B of ST Act: FBR

ISLAMABAD: The government has no intention to abolish/amend Section 8B of the Sales Tax Act 1990 in the coming ...

Published 03 May, 2021 04:39am

Business & Finance

SPDC urges govt to increase tax on tobacco in upcoming Federal Budget

This would not only help curb tobacco use in the country but would also contribute to generating more revenues that can be used for promoting public health.

Published 20 Apr, 2021 03:14pm

World

Canada to spend big to 'punch way out of Covid recession'

"I want to avoid an election," said Jagmeet Singh, leader of the fourth-ranked New Democrats. "With the third (Covid) wave hitting hard," that would be "irresponsible," he said.

Published 20 Apr, 2021 10:29am

Business & Finance

Finance Minister Tarin kicks off budget preperation

The Finance Minister said that there are many plans to improve the economy, which will be revealed to the media.

Published 19 Apr, 2021 03:47pm

FBR mulling levying Rs150bn taxes on salaried class

ISLAMABAD: The Federal Board of Revenue (FBR) is contemplating levying taxes of Rs150 billion on the salaried class...

Published 18 Apr, 2021 03:09am

Markets

Swedish govt spring budget to boost economy by 45bn Swedish crowns

Many of the measures in the budget had already been announced by the government.

Published 15 Apr, 2021 11:25am

Govt plans to rationalise duties, taxes on food items

ISLAMABAD: The government is planning to rationalise duties and taxes on essential food items, reduction in sales ...

Updated 13 Apr, 2021 09:30am

Pakistan

Ahsan accuses govt of damaging HEC

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) secretary-general Ahsan Iqbal has accused the government of damaging...

Updated 09 Apr, 2021 09:23am

World

White House says it is hopeful its ‘skinny’ budget will be out this week

The budget is expected to lay out discretionary funding for 2022 with a full budget proposal set to be announced later this spring.

Updated 08 Apr, 2021 12:17am

Markets

Hungary to raise 2021 budget deficit target

"A decline in the deficit could send a message that we are returning to normality, so we don't let the debt level rise and we target a stable growth path," he said.

Published 31 Mar, 2021 02:18pm

Business & Finance

Budget proposals for 2021-22: PRGMEA calls for steps to promote industrialization, enhance exports

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has called for steps to...

Published 28 Mar, 2021 04:14am

Markets

Canada to unveil first budget in two years

The pandemic caused a 5.4 percent drop in GDP in 2020, the worst result in at least 60 years, according to the IMF report.

Published 24 Mar, 2021 10:47am

Business & Finance

Turkish budget surplus 23.17bn lira in Feb

The primary balance, which excludes interest payments, showed a surplus of 35.93 billion lira in February, the data showed.

Published 15 Mar, 2021 02:18pm

World

UK budget to tackle virus fallout, aid recovery

Britain is the worst-hit country in Europe with more than 120,000 Covid deaths and four million cases.

Published 03 Mar, 2021 05:32pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 26	201.80
USD PKR Interbank Buying / May 26	201.30
USD to Japanese Yen / May 26	127.41
USD to Swiss Franc / May 26	0.96
Pound Sterling to USD / May 26	1.26
Euro to USD / May 26	1.07
UK LIBOR % / May 26	0.82

Stock	Volume
S&P 500 / May 26	3978.73
India Sensex / May 26	53749.26
Tokyo Nikkei / May 26	26653.80
Nasdaq / May 26	11434.74
Hang Seng / May 26	19952.81
FTSE 100 / May 26	7522.75
Dow Jones / May 26	32120.28
Germany DAX 30 / May 26	14007.93
France CAC40 / May 26	6298.64

Item	Value
Crude Oil USD/Barrel / May 26	110.44
Karachi Cotton PKR/37.32 KG / May 26	21180.00
Gold 10 Grams PKR / May 26	120700.00
Gold Spot USD/Ounce / May 26	1849.73
Cotton US¢/pound / May 26	122.20

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