Trends - NFC award - Business Recorder

NFC award

Human development crisis

EDITORIAL: It’s been a while since Pakistan got to that point in the debt cycle when the fiscal squeeze explodes...

Published 13 Apr, 2024 03:49am

Opinion

Attacks on the NFC Award

There have recently been some attacks on the 7th NFC award relating to the distribution of federal tax revenues...

Updated 26 Mar, 2024 04:41am

Opinion

Time to revisit the NFC Award

Notwithstanding the recent IMF demand to amend the existing NFC award, there is a longstanding need to address the...

Published 19 Mar, 2024 04:53am

Provinces’ share in NFC award can’t be decreased: Sindh CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that provinces’ share in the next NFC award can only be...

Updated 17 Mar, 2024 08:10pm

Q1: Provinces’ budget surplus dips 76pc YoY

ISLAMABAD: The provinces have generated a budget surplus of Rs51.403 billion in the first quarter of the ongoing...

Updated 09 Dec, 2023 04:34pm

Opinion

When the chips are down

When the chips are down, the going gets tough and as a consequence taking hard and strategic decisions becomes...

Published 28 Oct, 2023 05:58am

Hundreds of uplift projects face the axe

These also include non-starter projects

Updated 26 Oct, 2023 09:53am

Pakistan

Federalism, constitution’s mandate: Experts highlight significance of CCI and NFC Award

ISLAMABAD: A functional Council of Common Interests (CCI) with its rules of business, consistent National Finance...

Published 21 Oct, 2023 06:05am

Opinion

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.64
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.07

Stock	Volume
S&P 500 / Apr 19	4967.23
India Sensex / Apr 19	73088.33
Tokyo Nikkei / Apr 19	37068.35
Nasdaq / Apr 19	15282.01
Hang Seng / Apr 19	16224.14
FTSE 100 / Apr 19	7895.85
Dow Jones / Apr 19	37986.40
Germany DAX 30 / Apr 19	17737.36

Item	Value
Crude Oil USD/Barrel / Apr 19	83.14
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 19	214935
Gold Spot USD/Ounce / Apr 19	2391.93
Cotton US¢/pound / Apr 19	81.02
Petrol/Litre / Apr 20	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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