Trends - mini budget - Business Recorder

mini budget

Achievement of revised target of Rs7.641trn: FBR chief asks Karachi taxmen to enforce additional taxation steps

ISLAMABAD: Federal Board of Revenue Chairman Asim Ahmad has directed the senior Inland Revenue officials of Karachi...

Published 12 Mar, 2023 05:55am

Opinion

Inflation out of control

Consumer price index (headline inflation) rose by 31.5 percent in February (up by 3.7 percentage points from...

Published 06 Mar, 2023 06:36am

Opinion

A reality-check desperately required

The damning indictment of Pakistan’s economic policies continues with the latest attack by Managing Director...

Published 27 Feb, 2023 06:17am

Anomaly in excise duty: Illegal cigarette trade will get a big boost

ISLAMABAD: The anomaly created by the Federal Board of Revenue (FBR) in new excise duty structure of cigarettes to...

Updated 25 Feb, 2023 08:59am

Editorials

Raise in FBR tax collection target

EDITORIAL: Additional taxation measures of 170 billion rupees tabled in parliament on 15 February by Finance ...

Published 21 Feb, 2023 05:57am

BR Research

LSM troubles deepen

Large Scale Manufacturing is down 3.7 percent for 1HFY23. For December it is down 3.5 percent – which marks the...

Updated 20 Feb, 2023 10:55am

Business & Finance

Business, industrial community reject mini-budget

KARACHI: business and industrial community has rejected the mini budget increase in taxes, increase in oil price and...

Published 18 Feb, 2023 03:33am

Business & Finance

FED on beverages/juices under mini-budget: FBR chairman assures to resolve issue

ISLAMABAD: Chairman Federal Board of Revenue (FBR) on Friday assured Aaron Fishman, Commercial Counselor US Embassy...

Published 18 Feb, 2023 03:33am

Finance (Supplementary) Bill 2023: Senate adopts recommendations

ISLAMABAD: The Upper House of the parliament saw a fiery debate on the Finance (Supplementary) Bill, 2023, on Friday...

Updated 18 Feb, 2023 09:00am

‘Mini-budget’ Dar takes the flak from opposition, govt MNAs alike

Lawmakers say mini-budget is meant to crush the poor under skyrocketing inflation

Updated 18 Feb, 2023 01:33pm

Pakistan

NA session adjourned without mini-budget approval

Session now scheduled to take place on Monday at 5pm

Updated 17 Feb, 2023 09:50pm

Editorials

‘Mini-budget’

EDITORIAL: The revenue measures as revealed in the ‘mini-budget’ were expected as Finance Minister Ishaq Dar had...

Published 17 Feb, 2023 06:00am

Opinion

IMF programme & reforms

Pakistan, one of the major victims of climate change, is fighting alone to manage the damages caused due to...

Published 17 Feb, 2023 06:00am

Opinion

The Finance (Supplementary) Bill 2023: a comment

General: The Finance Minister has laid Finance (Supplementary) Bill 2023 on the floor of the Parliament. (National...

Published 17 Feb, 2023 06:00am

Markets

Rupee maintains upward trend against US dollar

Currency settles at 264.38 in inter-bank market after 0.38% appreciation

Updated 16 Feb, 2023 07:12pm

Pakistan

PTI ‘dissidents’ blast govt over money bill

ISLAMABAD: The dissidents of Pakistan Tehreek-e-Insaf (PTI) – who often blamed the then prime minister Imran Khan...

Published 16 Feb, 2023 07:07am

Pakistan

IK says ‘mini-budget’ to fuel inflation

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan Tuesday warned that after the passage of...

Updated 16 Feb, 2023 06:31am

Pakistan

JI chief vows to bring masses out against mini-budget

LAHORE: Chief of Jamaat-e-Islami (JI) Sirajul Haq has categorically rejected the mini-budget, saying his party would...

Published 16 Feb, 2023 06:08am

Govt lays Finance Bill in Senate

ISLAMABAD: Finance Minister Ishaq Dar moved on Wednesday a copy of the Finance (Supplementary) Bill 2023 in the...

Updated 16 Feb, 2023 08:56am

Pakistan

Imran says 'mini budget' will accelerate spiraling inflation

Says the current economic situation was inevitable as the ruling coalition focused on getting their corruption cases closed

Updated 15 Feb, 2023 09:13pm

Markets

KSE-100 recovers some losses, up 0.43%

Indices sway in both directions while volumes decline from previous close

Published 15 Feb, 2023 05:52pm

FED on cigarettes doubled

ISLAMABAD: The government has started the implementation of the mini-budget late Tuesday night by doubling the...

Updated 15 Feb, 2023 08:58am

Business & Finance

FBR drafted no proposal to tax bank deposits

ISLAMABAD: There was no proposal drafted by the Federal Board of Revenue (FBR) at any stage to impose tax on bank...

Updated 13 Feb, 2023 09:01am

IMF-govt talks give birth to ‘mini-budget’

Finance Minister Ishaq Dar says government has agreed to impose Rs170 billion in additional taxes

Updated 11 Feb, 2023 05:15pm

Editorials

‘Mini-budget’ revenue impact raised

EDITORIAL: Informed sources have revealed exclusively to Business Recorder that the Ministry of Finance has ...

Published 31 Jan, 2023 06:01am

Editorials

Conclude 9th review and move ahead

EDITORIAL: The finance minister, Ishaq Dar, finally budged from position of keeping the PKR to dollar parity...

Published 30 Jan, 2023 05:56am

Business & Finance

FBR seeks to raise FED on motor vehicles

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to raise the federal excise duty (FED) on imported and...

Updated 28 Jan, 2023 08:42am

FBR chairman tells NA body: ‘So far, no mini-budget is under consideration’

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad, Monday, said that so far the FBR is not considering...

Updated 16 Nov, 2022 10:16am

Business & Finance

PIAF opposes more taxes as govt finalises mini-budget

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) has opposed the imposition of more taxes, as...

Published 08 Nov, 2022 05:56am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	155.81
USD to Swiss Franc / May 16	0.91
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 16	5297.10
India Sensex / May 16	73663.72
Tokyo Nikkei / May 16	38697.69
Nasdaq / May 16	16698.32
Hang Seng / May 16	19535.72
FTSE 100 / May 16	8438.65
Dow Jones / May 16	39869.38
Germany DAX 30 / May 16	18738.81

Item	Value
Crude Oil USD/Barrel / May 16	79.42
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2377.52
Cotton US¢/pound / May 16	76.26
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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