Trends - NFC award - Business Recorder

NFC award

The population bulge

The results of the seventh Population and Housing Census of Pakistan in 2023 have been announced recently by the...

Updated 05 Sep, 2023 07:08am

Pakistan

NFC award major reason behind govt’s inability to go after untaxed sectors: economist

Dr Ashfaque Hassan Khan says Islamabad loses incentive to tax undocumented economy as it loses big chunk of additional revenue

Published 04 Sep, 2023 05:26pm

Business & Finance

18th Amendment has weakened federation financially, claims PBF

LAHORE: Pakistan Business Forum (PBF) says eighteenth amendment financially weakened the federation in the name of...

Published 12 Jun, 2023 06:26am

Pakistan

Rabbani demands formation of new NFC Award

ISLAMABAD: Former chairman Senate and senior Pakistan People’s Party (PPP) leader Mian Raza Rabbani on Wednesday...

Published 08 Jun, 2023 06:30am

Editorials

Stop incentivising population growth

EDITORIAL: Minister for Planning Development and Special Initiatives Ahsan Iqbal while briefing the media emphasised...

Updated 24 May, 2023 06:40am

Editorials

Fiscal mismanagement

EDITORIAL: In these times of an extremely tight fiscal position where the federal government’s net revenues are ...

Published 15 May, 2023 06:41am

Opinion

Daunting fiscal challenges

Since the assumption of power in April 2022, the coalition government of Pakistan Democratic Movement (PDM) has been...

Published 31 Mar, 2023 06:45am

Opinion

KPK: Where was Rs417bn spent?

According to a Business Recorder news item, “The federal cabinet has reportedly decided to conduct financial and...

Published 09 Feb, 2023 06:02am

Rs 417bn received by KP: Cabinet decides to conduct audit

ISLAMABAD: The federal cabinet has reportedly decided to conduct financial and performance audit of Rs417 billion...

Updated 08 Feb, 2023 09:11am

Opinion

Can economy rise from the ashes?

The phoenix is a mythological bird that after living 100 years bursts into flames and turns to ashes. It is painful...

Published 15 Jan, 2023 04:01am

Opinion

Cash surplus of provincial govts

The role of the four provincial governments has increased after the 18th Amendment. They have also become entitled ...

Published 20 Dec, 2022 05:58am

Pakistan

Tarin calls for review of NFC award

KARACHI: Calling for restructuring of National Finance Commission (NFC) award, former finance minister Shaukat Tarin...

Published 16 Oct, 2022 03:53am

Pakistan

Federal govt urged to enhance KP’s share in NFC award

PESHAWAR: Qaumi Watan Party (QWP) has demanded of the federal government to increase KP’s share in the National...

Published 13 Jun, 2022 07:11am

Opinion

Federal govt must not fuel provincialism

In 1997 general elections PML-N won a two third majority in parliament bagging 137 seats with PPP trailing with 18...

Published 30 May, 2022 05:53am

Pakistan

Sindh govt spent NFC money on PPP's long march: Fawad

Minister for Information and Broadcasting Chaudhry Fawad Hussain said on Sunday that the Sindh government had spent...

Published 06 Mar, 2022 08:59pm

Opinion

7th NFC award remains suspended

The seventh National Finance Commission (NFC) award was announced in 2010 amidst much fanfare with Shaukat Tarin, ...

Published 24 Jan, 2022 06:50am

Editorials

Poor management

EDITORIAL: The federal government has refused to release more funds for remodelling of the Warsak Canal System in...

Published 22 Dec, 2021 06:13am

Pakistan

NA informed: Rs270bn released for erstwhile Fata's development so far

ISLAMABAD: The National Assembly was informed on Friday that the federal government had so far given Rs270 billion...

Published 16 Oct, 2021 04:49am

Pakistan

PSP chief demands Sindh govt announce PFC Award

Karachi: Pak Sarzameen Party (PSP) Chairman Syed Mustafa Kamal on Sunday said that 'indifferent' rulers in order to...

Published 04 Oct, 2021 06:17am

Opinion

National Tax Academy—II

In the light of what was discussed in the first part, Case for All-Pakistan Unified Tax Service: PTI & ...

Published 24 Sep, 2021 04:40am

Pakistan

NFC Award: Fata's 3pc share not commensurate with population numbers: NA panel

ISLAMABAD: The three percent share of the erstwhile Fata in the National Finance Commission (NFC) Award was not...

Published 03 Sep, 2021 04:58am

Opinion

Growth of provincial economies

The previous two articles had presented estimates of the size of the four provincial economies and the economic...

Published 31 Aug, 2021 04:03am

PM to decide the fate of subsidy on tube-wells

ISLAMABAD: Prime Minister Imran Khan is to decide about policy options for continuation of subsidy on agriculture...

Published 31 Aug, 2021 03:56am

Opinion

Size of provincial economies

The 18th Amendment to the Constitution has transferred more functions to the Provincial Governments and empowered...

Published 17 Aug, 2021 04:42am

Pakistan

Pakistan continues to bear brunt of PML-N's costly power deals, says economic affairs minister

Ayub alleges PML-N government abandoned renewable energy projects of 4,000 megawatts
Raja Pervez Ashraf says efforts should be made to ensure food security

Updated 21 Jun, 2021 05:47pm

Pakistan

Centre not giving promised money to provinces, claims PPPP

ISLAMABAD: The Pakistan People's Party Parliamentarians (PPPP) information secretary Shazia Atta Marri said the...

Published 12 Jun, 2021 05:04am

Opinion

Exploiting comparative advantages

The federal budget for the year 2021-22 is being framed by Shaukat Tarin during whose earlier tenure as the federal...

Published 02 Jun, 2021 04:29am

Opinion

State of provincial finances

The four provincial governments combined play an important role in the public finances of the country. They account...

Published 18 May, 2021 05:05am

Pakistan

Sindh always neglected in federal development programme: minister

KARACHI: Sindh Information Minister Syed Nasir Hussain Shah has said that Sindh is always neglected in the federal...

Updated 16 Apr, 2021 09:57am

Pakistan

Sindh given Rs80bn less in terms of NFC Award: CM aide tells media

Wahab appealed to the industrialists to come to the private sector because SEPA was doing its best in this regard.

Published 25 Mar, 2021 05:27pm

Gainers
Losers
Leaders

Stock	Price
P.I.A.C.(A) / Sep 25 Pakistan International Airlines Corp(PIAA)	5.38 ▲ 1.00 (22.83%)
Pak. P.V.C. / Sep 25 Pakistan PVC Limited(PPVC)	5.65 ▲ 1.00 (21.51%)
Popular Islamic / Sep 25 Popular Islamic Modaraba(PIM)	8.97 ▲ 0.96 (11.99%)
Gammon Pak / Sep 25 Gammon Pakistan Limited(GAMON)	7.15 ▲ 0.65 (10.00%)
Roshan Packages / Sep 25 Roshan Packages Limited(RPL)	11.19 ▲ 1.00 (9.81%)
Bank of Khyber / Sep 25 The Bank of Khyber(BOK)	11.35 ▲ 0.94 (9.03%)
Pak Elektron / Sep 25 Pak Elektron Limited(PAEL)	10.60 ▲ 0.85 (8.72%)
Hala Enterprise / Sep 25 Hala Enterprises Limited(HAEL)	6.70 ▲ 0.51 (8.24%)
Thatta Cement / Sep 25 Thatta Cement Company Limited(THCCL)	13.87 ▲ 1.00 (7.77%)
Leather Up Ltd. / Sep 25 Leather Up Limited(LEUL)	9.69 ▲ 0.69 (7.67%)

Stock	Price
Power Cem(Pref) / Sep 25 Power Cement (Pref)(POWERPS)	5 ▼ -1.00 (-16.67%)
Premier Insurance / Sep 25 Premier Insurance Limited(PINL)	6.15 ▼ -0.85 (-12.14%)
Gadoon Textile / Sep 25 Gadoon Textile Mills Limited(GADT)	203.50 ▼ -16.50 (-7.50%)
Ellcot Spinning / Sep 25 Ellcot Spinning Mills Limited(ELSM)	96.25 ▼ -7.75 (-7.45%)
J.K.Spinning / Sep 25 J.K. Spinning Mills Limited(JKSM)	36.50 ▼ -2.90 (-7.36%)
HI-Tech Lub. / Sep 25 Hi-Tech Lubricants Limited(HTL)	22.16 ▼ -1.74 (-7.28%)
Pervez Ahmed Co / Sep 25 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.64 ▼ -0.05 (-7.25%)
Chakwal Spinning / Sep 25 Chakwal Spinning Mills Limited(CWSM)	1.34 ▼ -0.10 (-6.94%)
Sapphire Fibres / Sep 25 Sapphire Fibres Limited(SFL)	1125.10 ▼ -80.55 (-6.68%)
Dadex Eternit / Sep 25 Dadex Eternit Limited(DADX)	34.01 ▼ -2.40 (-6.59%)

Stock	Volume
P.I.A.C.(A) / Sep 25 Pakistan International Airlines Corp(PIAA)	29,597,500 ▲ 1.00
Pak Elektron / Sep 25 Pak Elektron Limited(PAEL)	20,049,346 ▲ 0.85
Cnergyico PK / Sep 25 Cnergyico PK Limited(CNERGY)	10,563,972 ▲ 0.00
WorldCall Telecom / Sep 25 Worldcall Telecom Limited(WTL)	10,059,097 ▼ -0.01
Unity Foods Ltd / Sep 25 Unity Foods Limited(UNITY)	8,137,436 ▲ 0.21
Hub Power Co. / Sep 25 The Hub Power Company Limited(HUBC)	7,480,117 ▲ 0.29
K-Electric Ltd. / Sep 25 K-Electric Limited(KEL)	7,220,289 ▲ 0.02
Dewan Motors / Sep 25 Dewan Farooque Motors Limited(DFML)	6,909,431 ▼ -0.15
Pak Petroleum / Sep 25 Pakistan Petroleum Limited(PPL)	6,762,444 ▲ 0.02
Maple Leaf Cement / Sep 25 Maple Leaf Cement Factory Limited(MLCF)	6,752,226 ▲ 0.50

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 25	291.20
USD PKR Interbank Buying / Sep 25	290.80
USD to Japanese Yen / Sep 25	148.36
USD to Swiss Franc / Sep 25	0.91
Pound Sterling to USD / Sep 25	1.22
Euro to USD / Sep 25	1.06
UK LIBOR % / Sep 22	5.43

Stock	Volume
S&P 500 / Sep 22	4320.06
Nasdaq / Sep 22	13211.81
Dow Jones / Sep 22	33963.84
India Sensex / Sep 25	65943.29
Tokyo Nikkei / Sep 25	32678.62
Hang Seng / Sep 25	17745.62
FTSE 100 / Sep 25	7672.91
Germany DAX 30 / Sep 25	15535.81
France CAC40 / Sep 25	7179.27

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 22	19035
Gold 10 Grams PKR / Sep 22	185020
Crude Oil USD/Barrel / Sep 25	90.44
Gold Spot USD/Ounce / Sep 25	1922.68
Cotton US¢/pound / Sep 25	86.10

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NFC award

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