Trends - FY2024 25 budget - Business Recorder

FY2024 25 budget

‘Economic terrorism’: NA opposition leader assails govt in budget debate

Omar Ayub says economic hitman made budget for FY2024-25

Updated 20 Jun, 2024 10:07pm

Pakistan

Fitch Ratings says Pakistan’s ‘ambitious’ budget strengthens IMF deal prospects

Believes tight policy settings may depress growth more than the government expects, reduces growth forecast to 3% for FY25

Updated 19 Jun, 2024 10:06pm

Business & Finance

Key highlights of Budget 2024-25

Business Recorder takes a look at key points

Updated 15 Jun, 2024 01:20pm

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

Rs75bn allocated for AJK, GB, Rs64bn for tribal districts

Finance minister Muhammad Aurangzeb says fifty billion rupees are set aside for the production sector including agriculture

Updated 12 Jun, 2024 10:30pm

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

Business & Finance

Access the Finance Bill 2024 here

Updated 12 Jun, 2024 09:35pm

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

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

Business & Finance

KCCI budget proposals to be forwarded to authorities: Ali Pervez

KARACHI: Minister of State for Finance & Revenue Ali Pervez Malik has assured to forward KCCI’s ...

Published 28 May, 2024 05:30am

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

Pakistan

Brokerage houses see Pakistan’s headline inflation falling below 14% in May

Two brokerage house said they see CPI-based inflation reading to post a steep decline, and hover around 13-14% in...

Updated 21 May, 2024 08:57pm

Business & Finance

Sui companies: Ogra determines estimated revenue requirements for FY2024-25

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) determined the revenue requirements of Sui companies for...

Published 21 May, 2024 03:39am

IMF projects FY25 defence budget at Rs2.152trn

IMF estimates allocation as 1.72 percent of Gross Domestic Product

Updated 21 May, 2024 10:14am

Federal Budget on June 7th

ISLAMABAD: The federal government will present the budget for the next financial year 2024-25 in the National...

Updated 21 May, 2024 10:58am

Business & Finance

HCSTSI President for pragmatic, precise FY2024-25 budget

HYDERABAD: Muhammad Farooq Shaikhani, President, Hyderabad Chamber of Small Traders & Small Industry, emphasized...

Published 09 May, 2024 03:11am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 14	284.77
USD PKR Interbank Buying / Jul 14	284.52
USD to Japanese Yen / Jul 14	147.66
USD to Swiss Franc / Jul 14	0.80
Pound Sterling to USD / Jul 14	1.34
Euro to USD / Jul 14	1.17
UK LIBOR % / Jul 14	4.96

Stock	Volume
S&P 500 / Jul 14	6,268.56
India Sensex / Jul 14	82,253.46
Tokyo Nikkei / Jul 14	39,502.44
Nasdaq / Jul 14	20,640.33
Hang Seng / Jul 14	24,238.51
FTSE 100 / Jul 14	8,998.06
Dow Jones / Jul 14	44,459.65
Germany DAX 30 / Jul 14	24,160.64
France CAC40 / Jul 14	7,808.17

Item	Value
Crude Oil USD/Barrel / Jul 14	66.60
Karachi Cotton PKR/37.32 KG / Jul 14	16,585
Gold 10 Grams PKR / Jul 14	308,384
Gold Spot USD/Ounce / Jul 14	3,357.40
Cotton US¢/pound / Jul 14	67.96
Petrol/Litre / Jul 15	266.79
Diesel/Litre / Jul 15	272.98

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Jul 15 First Fidelity Leasing Modaraba(FFLM)	4.81 ▲ 1 (26.25%)
PICIC Ins.Ltd. / Jul 15 PICIC Insurance Limited(PIL)	5.10 ▲ 0.69 (15.65%)
Trust Mod. / Jul 15 Trust Modaraba(TRSM)	7.72 ▲ 1 (14.88%)
Cres.Star Ins. / Jul 15 Crescent Star Insurance Limited(CSIL)	4.81 ▲ 0.47 (10.83%)
Tri-Star Power / Jul 15 Tri-Star Power Limited(TSPL)	8.41 ▲ 0.82 (10.8%)
Safe Mix Con.Lt / Jul 15 Safe Mix Concrete Limited(SMCPL)	24.48 ▲ 2.23 (10.02%)
DH Partners / Jul 15 DH Partners Limited(DHPL)	43.31 ▲ 3.94 (10.01%)
EMCO Industries / Jul 15 Emco Industries Limited(EMCO)	49.12 ▲ 4.47 (10.01%)
Ask.Gen.Insur. / Jul 15 Askari General Insurance Company Limited(AGIC)	47.47 ▲ 4.32 (10.01%)
Nets Internat.Comm. / Jul 15 Nets International Communication Limited(GEMNETS)	37.68 ▲ 3.43 (10.01%)

Stock	Price
First IBL Mod. / Jul 15 First IBL Modaraba(FIBLM)	5.65 ▼ -0.6 (-9.6%)
Bank of Khyber / Jul 15 The Bank of Khyber(BOK)	16.30 ▼ -1.71 (-9.49%)
Fazal Cloth / Jul 15 Fazal Cloth Mills Limited(FZCM)	388 ▼ -37.64 (-8.84%)
First Imrooz Mod. / Jul 15 First Imrooz Modaraba(FIMM)	182.25 ▼ -17.41 (-8.72%)
Karam Ceramics / Jul 15 Karam Ceramics Limited(KCL)	194 ▼ -18.23 (-8.59%)
National Silk / Jul 15 The National Silk & Rayon Mills Limited(NSRM)	142 ▼ -11.31 (-7.38%)
Stylers International / Jul 15 Stylers International Limited(STYLERS)	43 ▼ -3.42 (-7.37%)
Din Tex. / Jul 15 Din Textile Mills Limited(DINT)	90.13 ▼ -6.94 (-7.15%)
Adam Sugar / Jul 15 Adam Sugar Mills Limited(ADAMS)	60.20 ▼ -4.07 (-6.33%)
Parmount Sp. / Jul 15 Paramount Spinning Mills Limited(PASM)	5 ▼ -0.32 (-6.02%)

Stock	Volume
Trust Mod. / Jul 15 Trust Modaraba(TRSM)	44,547,700 ▲ 1
K-Electric Ltd. / Jul 15 K-Electric Limited(KEL)	40,994,969 ▲ 0.06
B.O.Punjab / Jul 15 The Bank of Punjab(BOP)	38,022,883 ▲ 0.26
Cres.Star Ins. / Jul 15 Crescent Star Insurance Limited(CSIL)	20,959,679 ▲ 0.47
Siddiqsons Tin / Jul 15 Siddiqsons Tin Plate Limited(STPL)	14,624,013 ▼ -0.16
WorldCall Telecom / Jul 15 Worldcall Telecom Limited(WTL)	14,051,125 ▼ -0.02
Ist.Capital Sec / Jul 15 First Capital Securities Corporation(FCSC)	12,028,431 ▲ 0.17
Kohinoor Spining / Jul 15 Kohinoor Spinning Mills Limited(KOSM)	9,773,204 ▼ -0.06
Askari Bank / Jul 15 Askari Bank Limited(AKBL)	9,008,964 ▼ -0.33
First Prudential Mod. / Jul 15 First Prudential Modaraba(PMI)	8,630,116 ▲ 0.27

Markets →

FY2024 25 budget

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