Trends - Finance Bill 2022 - Business Recorder

Finance Bill 2022

Rs685bn allocated for ADP

LAHORE: Punjab government has allocated Rs685 billion for the Annual Development Programme (ADP) 2022-23. In terms ...

Updated 16 Jun, 2022 09:47am

Budget 2022-23

Speaker’s powers curtailed

LAHORE: The Punjab government has slashed powers of Speaker of provincial assembly through an ordinance promulgated...

Updated 16 Jun, 2022 10:01am

Supplies to unregistered persons: FBR defends waiver of CNIC condition

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday strongly defended the withdrawal of the condition to provide...

Updated 16 Jun, 2022 09:49am

Editorials

Sindh budget 2022-23

EDITORIAL: A 33.84 billion rupee deficit budget was presented by the Sindh Chief Minister Murad Ali Shah amidst the...

Updated 16 Jun, 2022 06:27am

Business & Finance

Property deals by filers: Senate panel rejects FBR proposal to raise advance tax

ISLAMABAD: The Senate Standing Committee on Finance has declined the Federal Board of Revenue’s proposal to...

Published 16 Jun, 2022 06:03am

Business & Finance

Income Tax Ordinance, 2001 Experts concerned over proposed amendment

KARACHI: Tax experts have expressed concerns over the proposed amendment (section 214A) in the Income Tax Ordinance,...

Published 16 Jun, 2022 06:03am

Business & Finance

‘Issue of declaring production/transmission of electricity as ‘goods’ must be referred to CCI’

ISLAMABAD: The Senate Standing Committee on Finance has recommended that the issue of declaring...

Published 15 Jun, 2022 08:22am

Markets

Miftah for reforming energy sector

ISLAMABAD: Federal Minister for Finance Miftah Ismail, Tuesday, while stressing the need for reforming the energy...

Published 15 Jun, 2022 07:26am

Pakistan

Sindh budget: Rs152bn tagged for law, order

KARACHI: The Sindh government has earmarked Rs 152.08 billion for law and order in its budget for the financial year...

Published 15 Jun, 2022 07:15am

Pakistan

Sindh Budget: Education gets paltry allocation

KARACHI: Out of the total budget outlay of Rs 1.7 trillion, the Sindh government has reserved only 2 percent, ie, Rs...

Published 15 Jun, 2022 07:15am

Business & Finance

Punjab proposes Rs19.53bn for agriculture, irrigation, livestock

LAHORE: The Punjab government has proposed a sum of Rs19.53 billion as the Annual Development Programme (ADP)...

Published 15 Jun, 2022 06:58am

Business & Finance

FBR reviewing tax relief of Rs47bn to salaried class

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad said Tuesday that the FBR is reviewing the tax relief...

Updated 15 Jun, 2022 07:37pm

Business & Finance

Jhagra censures federal govt for reduction in NMD’s uplift funds

PESHAWAR: KP Minister for Finance, Taimoor Saleem Jhagra has censured the federal government for reduction in...

Published 15 Jun, 2022 06:43am

Business & Finance

Punjab govt proposes Rs240bn for South Punjab

LAHORE: In the Punjab Budget 2022-23, the Punjab government has proposed an allocation of Rs 240 billion, 35 percent...

Published 15 Jun, 2022 06:43am

Business & Finance

Hamza blames Imran, Elahi for halting Punjab budget session

LAHORE: While deadlock persists between the treasury and opposition benches over presentation of Punjab budget...

Published 15 Jun, 2022 06:30am

Business & Finance

Anomalies in Finance Bill, 2022: Anomaly committees constituted

ISLAMABAD: The Chairman, Federal Board of Revenue/Secretary Revenue Division has constituted two Anomaly Committees...

Published 15 Jun, 2022 06:30am

Business & Finance

Deadlock over Punjab budget session persists

LAHORE: As a result of the deadlock between the opposition and treasury benches on the issue of the presence of the...

Published 15 Jun, 2022 06:30am

Opinion

Global economy at a delicate crossroad – II

A similar balance should be struck in the case of developing countries like Pakistan for it is critical to dealing...

Published 15 Jun, 2022 05:47am

Budget 2022-23

Sindh presents deficit budget

KARACHI: Sindh Chief Minister Murad Ali Shah on Tuesday presented in Sindh Assembly Rs 1.71 trillion budget, which...

Updated 15 Jun, 2022 09:55am

Budget 2022-23

Karachi again deprived of its due share?

KARACHI: Karachi, the revenue engine of Pakistan, has yet again been deprived of its due monetary share, as the...

Updated 15 Jun, 2022 12:00pm

Salaried class tax structure: govt in a fix

ISLAMABAD: The government is in a fix to either heavily tax the salaried class under the amended Finance Bill, 2022...

Updated 15 Jun, 2022 09:58am

Budget Strategy Paper unveiled: Deficits to be reduced to restore fiscal sustainability: MoF

ISLAMABAD: The government said that it is committed to reducing deficits to restore fiscal sustainability in the...

Updated 15 Jun, 2022 09:56am

Budget 2022-23

Sindh raises development outlay by 40pc

KARACHI: The Sindh government has decided to increase the allocation for Annual Development Programme (ADP) by 40...

Updated 15 Jun, 2022 10:06am

Budget 2022-23

Punjab proposes budget outlay of over Rs3.226trn

LAHORE: The Punjab government has proposed provincial budget 2022-23 with an outlay of over Rs 3.226 trillion, which...

Updated 15 Jun, 2022 09:59am

Editorials

KP budget 2022-23

EDITORIAL: The Khyber Pakhtunkhwa (KPK) budget 2022-23 was expected to emphasise the signature programmes launched ...

Published 15 Jun, 2022 05:47am

Business & Finance

Opposition terms KP budget as unrealistic

PESHAWAR: Opposition parties here on Tuesday rejected the Khyber Pakhtunkhwa Budget for financial year 2022-23 and...

Published 15 Jun, 2022 05:47am

Budget 2022-23

Miftah says IMF lending critical to averting default

$9.5 billion ADB loan is approved but it would not be released if the IMF programme was not signed, the finance minister adds

Updated 14 Jun, 2022 09:40am

Punjab budget 2022-23: PA pandemonium prevents budget presentation

LAHORE: The Punjab Budget 2022-23 could not be presented in the House on Monday due to a deadlock between the...

Updated 14 Jun, 2022 09:36am

KP govt presents Rs1,332bn budget

PESHAWAR: The Khyber Pakhtunkhwa government has presented Rs1,332 billion budget for financial year 2022-23 with...

Updated 14 Jun, 2022 09:56am

Budget 2022-23

KP makes historic Rs319.2bn ADP allocation

PESHAWAR: Khyber Pakhtunkhwa government has made historic allocation of Rs 319.2 billion under the Annual...

Updated 14 Jun, 2022 09:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.50
USD PKR Interbank Buying / Apr 24	278.25
USD to Japanese Yen / Apr 24	154.89
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.24
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
Nasdaq / Apr 23	15696.64
Dow Jones / Apr 23	38503.69
India Sensex / Apr 24	73884
Tokyo Nikkei / Apr 24	38460.08
Hang Seng / Apr 24	17176.31
FTSE 100 / Apr 24	8079.79
Germany DAX 30 / Apr 24	18202.76

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 24	293.94
Crude Oil USD/Barrel / Apr 24	83.46
Gold Spot USD/Ounce / Apr 24	2319
Diesel/Litre / Apr 24	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Finance Bill 2022

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