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budget

Budget: rationalise taxation

On the eve of another ritual exercise of announcing federal budget, official date has yet to be finalised, expected...

Published 07 Jun, 2024 06:24am

Jul-Mar period: Provinces’ spending jumps 23pc YoY

ISLAMABAD: The provinces’ development spending under the Public Sector Development Programme (PSDP) during the first...

Updated 07 Jun, 2024 09:43am

FBR finalises revised GST schedules for budget

ISLAMABAD: The Federal Board of Revenue (FBR) has finalised revised sales tax schedules, ie, Sixth Schedule...

Updated 06 Jun, 2024 08:40am

Pakistan

PIPS hosts workshop on Parliamentary Proceedings & Budget Processes

ISLAMABAD: The Pakistan Institute for Parliamentary Services (PIPS) hosted a two-day workshop in Islamabad for...

Published 05 Jun, 2024 07:47am

Pakistan

FAPUASA holds rally against cut in higher education budget

LAHORE: On the call of the Federation of All Pakistan Universities Academic Staff Association (FAPUASA), a protest...

Published 05 Jun, 2024 07:38am

Business & Finance

Govt urged to unveil ‘people-friendly’ budget

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 04 Jun, 2024 06:28am

Business & Finance

Govt urged to present ‘farmer-friendly’ budget

LAHORE: Stakeholders in the agricultural sector have urged the government to make the upcoming budget...

Published 04 Jun, 2024 06:28am

Opinion

Budget: govt between a rock and a hard place

Contrary to earlier reports that the budget for next fiscal year will be presented to parliament on the 7June it is...

Published 03 Jun, 2024 06:30am

Pakistan

FAPUASA seeks ‘adequate’ allocations for universities in budget

LAHORE: The Federation of All Pakistan Universities Academic Staff Association (FAPUASA) has written letters to the...

Published 03 Jun, 2024 06:30am

Opinion

Budget & tax policy

‘The impact of economic growth on the lives of people is partly a matter of income distribution, but it also depends...

Updated 31 May, 2024 07:29am

Business & Finance

‘Upcoming budget should be people-friendly’

KARACHI: There is a need to make the budget 2024-25 people-friendly, said economic expert and Pasban Democratic ...

Published 29 May, 2024 06:05am

Business & Finance

PAAPAM urges govt to take steps thru budget to ‘rescue’ auto parts industry

LAHORE: The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has urged the government...

Published 28 May, 2024 05:30am

PM, PPP team take stock of situation

ISLAMABAD: As the federal government is set to present the budget for fiscal year 2024-25, Prime Minister Shehbaz...

Updated 27 May, 2024 09:13am

Business & Finance

Budget 2024-25: Extra taxation will be avoided, FBR assures juice industry

ISLAMABAD: The Federal Board of Revenue (FBR) has assured the formal packaged juice industry that the government...

Updated 24 May, 2024 07:45pm

Opinion

Budgets 2024: thinking afresh

“Simplify taxes, reduce the cost of excessive documentation, open the economy for higher growth and employment,...

Updated 24 May, 2024 05:49am

Business & Finance

Budget proposals presented by KATI likely to be taken into consideration

KARACHI: The Korangi Association of Trade and Industry (KATI) have presented a comprehensive 72-page budget ...

Published 22 May, 2024 05:54am

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

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

Q4 of CFY: authorisation of Rs10.056bn approved for Power Division

Authorisation made considering simplified release procedure approved by the ECNEC and release strategy 2023-24 of Finance Division

Updated 10 May, 2024 09:24am

PM asks Aurangzeb to revise borrowing limit for provinces

ISLAMABAD: Prime Minister Shehbaz Sharif has directed Finance Minister Muhammad Aurangzeb to revise borrowing limit...

Updated 03 May, 2024 09:26am

9MFY24: Fiscal deficit recorded at Rs3.902trn

ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine...

Updated 01 May, 2024 09:20am

Business & Finance

HDF asks budget makers to introduce bold tobacco tax policy

ISLAMABAD: The Human Development Foundation (HDF) has asked the budget makers to introduce a bold tobacco taxation...

Published 30 Apr, 2024 03:43am

Major shuffle in FBR ahead of budget preparation exercise

ISLAMABAD: In a major reshuffling before budget preparation exercise for 2024-25, the Federal Board of Revenue (FBR)...

Updated 27 Apr, 2024 09:02am

Business & Finance

Upcoming budget: KATI chief for inclusion of agri sector in tax net

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has called for the...

Published 27 Apr, 2024 05:03am

Business & Finance

Indonesia says posts Jan-Mar budget surplus of 0.04% of GDP

JAKARTA: Indonesia booked a budget surplus of 8.1 trillion rupiah ($499.38 million) in the January-March period, or...

Published 26 Apr, 2024 10:02am

Pakistan

Punjab Assembly’s pre-budget session today

LAHORE: The Punjab government has decided to summon the pre-budget session of the Punjab Assembly, scheduled to...

Published 22 Apr, 2024 04:39am

Budget: body formed to firm up proposals

PM Shehbaz Sharif constitutes 11-member ministerial committee headed by Finance Minister Muhammad Aurangzeb to deliberate upon and firm up proposals for budget 2024-25

Updated 18 Apr, 2024 09:46am

Ministries, divisions told to surrender funds on May 15th

ISLAMABAD: The Finance Ministry has directed all the ministries and divisions to surrender the current financial...

Updated 18 Apr, 2024 09:47am

Pakistan

Preparations for budget will begin after Eid: Minister

LAHORE: Punjab Finance Minister Mujtaba Shuja-ur-Rehman has said that preparations for the upcoming fiscal year's...

Published 05 Apr, 2024 04:50am

Pakistan

Aurangzeb eyes fresh staff-level agreement with IMF by end of this fiscal year

Finance minister says imposition of super tax, windfall tax not sustainable

Updated 29 Mar, 2024 10:37pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 7	278.25
USD PKR Interbank Buying / Jun 7	278.05
USD to Japanese Yen / Jun 7	155.68
USD to Swiss Franc / Jun 7	0.89
Pound Sterling to USD / Jun 7	1.28
Euro to USD / Jun 7	1.09

Stock	Volume
S&P 500 / Jun 6	5352.96
Nasdaq / Jun 6	17173.12
Dow Jones / Jun 6	38886.17
India Sensex / Jun 7	75946.91
Tokyo Nikkei / Jun 7	38621.49
Hang Seng / Jun 7	18347.09
FTSE 100 / Jun 7	8256.87
Germany DAX 30 / Jun 7	18571.03

Item	Value
Petrol/Litre / Jun 7	268.36
Crude Oil USD/Barrel / Jun 7	75.78
Karachi Cotton PKR/37.32 KG / Jun 7	19935
Gold 10 Grams PKR / Jun 7	208333
Gold Spot USD/Ounce / Jun 7	2380.23
Diesel/Litre / Jun 7	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 7 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 7 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 7 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 7 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 7 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 7 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 7 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 7 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 7 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 7 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 7 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 7 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 7 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 7 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 7 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 7 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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