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
Print PM vows to end country’s current economic morass Says country will receive $2 billion from the International Monetary Fund (IMF) Updated 29 Jun, 2022 10:00am
Pakistan Pakistan hopeful of nearly $2bn inflow after IMF clubs 7th and 8th reviews At event in Islamabad, PM Shehbaz says assistance from China and IMF will help Pakistan bring investment, and increase export earnings Updated 28 Jun, 2022 06:17pm
Pakistan Inching closer: Pakistan receives combined IMF targets for 7th, 8th reviews Memorandum of Economic and Financial Policies (MEFP) for both reviews received, confirms finance minister Miftah Ismail Updated 28 Jun, 2022 10:35am
Editorials Energy: From Russia with love EDITORIAL: A Business Recorder exclusive notes that the Shehbaz Sharif-led government has begun to consider ... Updated 28 Jun, 2022 08:06am
Business & Finance Economy: KCCI supports govt’s steps KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Idrees has reaffirmed his support to the... Published 28 Jun, 2022 06:10am
Print IMF likely to indicate approval of agreement today ISLAMABAD: The International Monetary Fund (IMF) will likely send the draft of Memorandum of Economic and Financial... Updated 27 Jun, 2022 10:00am
Opinion Our situation is not much different from Sri Lanka’s? It was not very long ago that Federal Finance Minister Miftah Ismail said the government would try its level best ... Published 27 Jun, 2022 06:06am
Opinion 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
Print Supertax: Miftah asks ‘why so much consternation?’ ISLAMABAD: Finance Minister Miftah Ismail has said that the government has imposed supertax on the factories owned... Updated 27 Jun, 2022 10:09am
Editorials 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
Business & Finance Miftah assures Motiwala-led body over removal of budget anomalies KARACHI: An anomaly committee constituted by the Ministry of Finance under the chairmanship of Zubair Motiwala held... Published 26 Jun, 2022 06:40am
Print Punjab govt likely to extend subsidy to power consumers using 100 units per month ISLAMABAD: The Punjab government is likely to extend the subsidy to electricity consumers using 100 units monthly... Updated 26 Jun, 2022 08:50am
Business & Finance Super tax: PBC says Pakistan taxing 'productivity and growth' Advocacy platform questions who will benefit from the govt's latest taxation measures Updated 25 Jun, 2022 06:36pm
Business & Finance 'In coming months': Govt to expand tax net with consultation, says Miftah Ismail Finance minister says will bring real estate brokers, builders, housing society developers, car dealers, restaurants, salons etc in the tax net Updated 25 Jun, 2022 04:32pm
Pakistan Revival of Pakistan Steel Mills: Ministries directed to work with PC ISLAMABAD: A meeting of the Cabinet Committee on Privatisation (CCoP) directed the ministries of Industries and... Published 25 Jun, 2022 04:42am
Pakistan PTI says govt step to rattle economy ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) lambasted Shehbaz Sharif-led coalition government on Friday for imposing a... Updated 25 Jun, 2022 09:41am
Print Over Rs300m yearly income: 13 sectors to pay 10pc supertax for a year: Miftah ISLAMABAD: Finance Minister Miftah Ismail Friday announced a 10 percent super tax on 13 sectors – having yearly... Updated 25 Jun, 2022 09:43am
Print Chinese loan to help stabilise falling reserves KARACHI: The much-awaited Chinese inflows amounted $2.3 billion were received on Friday to boost the sliding foreign... Updated 25 Jun, 2022 11:35am
Pakistan 'Corporate layoffs a possibility now': Experts react to govt's imposition of 'super tax' In a major development, the government on Friday imposed an extra one-time 10% tax called the super-tax on the... Updated 24 Jun, 2022 07:45pm
Markets Rupee resumes fall, depreciates marginally against dollar Currency loses 0.12% as market factors in declining SBP reserves Updated 24 Jun, 2022 07:43pm
Opinion PARTLY FACETIOUS: The party’s name is even less respectful “Did you know that you can call three or even more people at the same time and, if you wish, neither of those you... Published 24 Jun, 2022 06:15am
Print Targeted subsidy: Ministries asked to prepare proposals ISLAMABAD: Minister for Finance and Revenue Miftah Ismail on Thursday directed the concerned ministries to work out... Updated 24 Jun, 2022 10:20am
Print 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
Business & Finance CPEC projects: China to work under vision of shared prosperity: official ISLAMABAD: Pang-chunxue, Charge de Affaires of the Embassy of People’s Republic of China called on Federal ... Published 24 Jun, 2022 06:15am
Print 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
Markets Rupee closes with historic gain over US dollar, ends at 207.23 This is the rupee's biggest gain against the US dollar in absolute terms on a day-to-day basis Expectation over inflow from Chinese banks, progress on budget measures with IMF, and falling oil prices help currency's appreciation Updated 23 Jun, 2022 07:21pm
Print Anomaly Committees: Miftah visits FBR HQs where he reviews recommendations ISLAMABAD: Finance Minister Miftah Ismail reviewed the recommendations of the Anomaly Committees at the Federal ... Updated 23 Jun, 2022 09:50am
Print $2.3bn loan agreement signed with Chinese consortium: Miftah says inflows expected ‘within days’ ISLAMABAD: Minister for Finance and Revenue Miftah Ismail Wednesday said the Chinese consortium of banks on Tuesday... Updated 23 Jun, 2022 10:00am
Print Steel sector: Amended finance bill may restore turnover tax adjustment ISLAMABAD: The amended Finance Bill 2022 is likely to restore adjustment facility of turnover tax for the documented... Updated 23 Jun, 2022 10:01am