Trends - Finance Bill 2022 - Business Recorder

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FPCCI seeks abolishment of Section 7E of ITO-2001

KARACHI: Suleman Chawla, Acting President Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 25 May, 2023 06:26am

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Reko Diq project exempted from privatisation?

ISLAMABAD: The Privatisation Board has exempted Reko Diq Project from privatisation under the amendment made in...

Updated 26 Dec, 2022 09:33am

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The challenge of rising inflation

EDITORIAL: Pakistan Bureau of Statistics (PBS) data on the July Consumer Price Index (CPI) of 24.9 percent...

Published 03 Aug, 2022 05:56am

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The FY23 budget and Fund approval

Pakistani administrations have become adept at presenting an annual budget to parliament with the required detailed...

Published 18 Jul, 2022 07:09am

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Air travel FED reduced to Rs30,000

ISLAMABAD: To give relief to the rich/wealthy class, the government has decided to reduce the federal excise duty...

Updated 06 Jul, 2022 09:33am

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Federal & Provincial Finance Acts, 2022: Comments

Amendments enacted by Finance Act, 2022 vis-a-vis those proposed in Finance Bill, 2022 The Federal Government...

Updated 04 Jul, 2022 10:43am

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Finance Act, 2022: Comments

General: This note contains the comments on the Finance Act, 2022 as passed by the National Assembly. These are...

Updated 02 Jul, 2022 12:33pm

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Amendments to the finance bill

EDITORIAL: Finance bill 2022 moved by Minister of State for Finance Dr Ayesha Ghous Pasha, with tax amendments...

Published 01 Jul, 2022 06:13am

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15 sectors: 10pc supertax imposed on income exceeding Rs300m

ISLAMABAD: The amended Finance Bill 2022 has imposed a 10 percent supertax for the Tax Year 2022 on persons...

Updated 30 Jun, 2022 10:44am

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Amendment-laden finance bill easily sails through NA

The passage of the budget for the fiscal year 2022-2023 brings the government one step closer to the revival of the stalled IMF programme

Updated 30 Jun, 2022 09:51am

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Budget 2022-23 – Amended

In our previous article (BR: 13- 6-2022) we had examined Budget 2022-23 from the point of view of the IMF...

Published 29 Jun, 2022 05:44am

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NA: Amendments to finance bill may be presented today

Amendments are still being given a final shape

Updated 28 Jun, 2022 09:57am

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A mini-budget or an annexure to budget?

For the first time in Pakistan’s chequered history additional revenue measures were annexed to the budget by a...

Updated 27 Jun, 2022 06:28am

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Rewriting the finance bill 2022

EDITORIAL: Never before has a finance bill after its presentation in parliament been revised, nay re-written, and...

Updated 27 Jun, 2022 06:30am

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Supertax applicable to TY22

Companies liable to pay supertax would deposit the amount at the time of filing of income tax returns in December 2022

Updated 26 Jun, 2022 01:59pm

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FBR reduces CVT on vehicles under amended Finance Bill 2022

ISLAMABAD: The Federal Board of Revenue (FBR) has reduced the capital value tax (CVT) on vehicles from two percent...

Updated 26 Jun, 2022 09:59am

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Taxing nation’s savings – but at what cost?

The budget 2022-23 is continuation of a series of budgets for the last several years that have been increasing tax...

Updated 25 Jun, 2022 05:16pm

Business & Finance

Supertax: revenue impact estimated at Rs80bn

Tax reliefs announced for salaried class on June 10 not only reversed but tax burden on salaried class also considerably increased

Updated 25 Jun, 2022 04:18pm

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Punjab Assembly starts debate on supplementary budget

LAHORE: The Punjab Assembly session convened by Governor Punjab Muhammad Baligh-ur-Rehman at Aiwan-e-Iqbal started...

Published 24 Jun, 2022 08:02am

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Budget debate continues in Sindh PA: Opposition slams govt over huge school dropout rate

KARACHI: The Sindh Assembly on Thursday continued its debate on fiscal budget 2022-23, as opposition slammed the...

Published 24 Jun, 2022 06:15am

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Treasury lawmakers hold PTI govt responsible for current economic crisis

ISLAMABAD: The lawmakers belonging to the ruling coalition on Thursday held the previous government of Pakistan...

Published 24 Jun, 2022 06:15am

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Additional taxation measures of over Rs436bn on the cards

ISLAMABAD: The government is finalising additional taxation measures of over Rs 436 billion through amendments in ...

Updated 24 Jun, 2022 01:16pm

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IMF has asked for more taxes, claims Tarin

ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) Senator Shaukat Tarin has claimed that the International Monetary Fund...

Updated 24 Jun, 2022 09:52am

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Oil prices hiked to avert default, says Miftah

ISLAMABAD: Federal Finance Minister Miftah Ismail has termed the next fiscal year budget as progressive and...

Updated 24 Jun, 2022 10:19am

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Rewriting the budget 2022-23

EDITORIAL: The International Monetary Fund (IMF) has uncharacteristically uploaded the following sentence on its...

Published 24 Jun, 2022 06:15am

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Finance Bill 2022: Senate adopts 244 recommendations

ISLAMABAD: Senate on Thursday adopted a total of 244 recommendations moved by its finance panel— 27 related to the...

Updated 24 Jun, 2022 09:54am

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Budget FY23: Understanding with IMF may lead to revival of EFF

KARACHI: In a welcoming breakthrough, Pakistan and IMF reached an understanding on the federal budget FY23 which...

Published 23 Jun, 2022 06:55am

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Punjab PA approves Rs3.226trn budget in absence of opposition

LAHORE: In the absence of opposition Punjab Assembly on Wednesday passed Finance Bill 2022 and thus approved the...

Published 23 Jun, 2022 06:05am

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Sherry holds PTI govt responsible for mounting debt, public accounts crisis

ISLAMABAD: Pakistan People’s Party (PPP) Senator Sherry Rehman on Wednesday held the former government of Pakistan...

Published 23 Jun, 2022 06:05am

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Progress made over FY23 budget: IMF

ISLAMABAD: Key progress has been made in talks on the revival of Pakistan’s International Monetary Fund bailout...

Updated 23 Jun, 2022 09:57am