Budget 2024 25
PTBA president labels the budget FY25 as counterproductive to economic activities and obstructive to business.
Published 14 Jun, 2024 07:53am
Say finance minister said nothing about tackling poverty in his budget speech.
Published 14 Jun, 2024 07:53am
The projection is based on a significant rise in the petroleum development levy.
Published 14 Jun, 2024 07:53am
P@SHA chairman says govt completely overlooked the IT industry’s budgetary proposals despite repeated assurances.
Published 14 Jun, 2024 07:53am
Sources say that the assemblers of these vehicles were surprised to receive this GST shock on locally produced vehicles in the budget.
Published 14 Jun, 2024 07:53am
Almost half of annual development plan allocated for ongoing schemes.
Published 14 Jun, 2024 07:38am
Says current ratio of less than 10pc is "simply not sustainable"; govt hoping for IMF SBA in July.
Updated 14 Jun, 2024 07:28am
Analysts attribute spike to "no increase in tax on dividend and capital gain tax for investors" and "measures to go after non-filers" in new budget.
Updated 13 Jun, 2024 04:04pm
Today, economic policy in Pakistan consists of scrambling to meet IMF targets to pass the next review. All else is fluff.
Updated 13 Jun, 2024 09:47am
The proposed steps lack any “disruptive policy changes", especially to "right-size" the govt, and doubts remain on authorities' ability to enforce new measures.
Updated 13 Jun, 2024 09:33am
"The budget projects 48pc growth in income tax and 36pc in GST revenues. How will this be achieved without major disruptive policy changes?" asks CEO of Optimus Capital Management.
Updated 13 Jun, 2024 07:58am
Targets marks 47.4pc increase from last year's goal; Rs28bn expected to be collected from the levy on crude oil.
Updated 13 Jun, 2024 10:10am
Punjab’s share will be Rs3.69tr, followed by Sindh at Rs1.85tr; Balochistan's share projected to be Rs667.55bn while KP to get Rs1.22tr.
Updated 13 Jun, 2024 10:15am
Wapda, KE, Pepco to get Rs1.19tr, up from Rs548bn in outgoing fiscal year.
Updated 13 Jun, 2024 10:18am
Express confidence that positive sentiments will be witnessed in the capital market.
Updated 13 Jun, 2024 10:38am
Aurangzeb emphasises urgency of controlling the rising pension expenses, which necessitated introduction of reforms.
Updated 13 Jun, 2024 11:09am
Taxation measures to increase cost of doing business, fuel inflation.
Updated 13 Jun, 2024 11:22am
Benchmark index closes at 72,797.43 points after adding 207.94 points or 0.29pc on a day-on-day basis.
Published 13 Jun, 2024 07:04am
Shift to basing advance tax on value of cars, rather than engine capacity, could alter pricing strategies.
Updated 13 Jun, 2024 08:16am
Financing of Rs8.5tr required to meet FY25 expenses.
Updated 13 Jun, 2024 11:26am
Govt amends Customs Act 1969 via Finance Bill 2024-25 to provide legal backing to the Directorate General of TBML.
Updated 13 Jun, 2024 11:32am
"Perhaps, the govt has realised that renewable energy is the only way to save the public from expensive energy sources," says expert.
Updated 13 Jun, 2024 11:35am
ABAD rejects budgetary measures like amending CGT on real estate to 15pc for filers and 45pc for non-filers.
Updated 13 Jun, 2024 11:37am
Set at 15.3pc of PSDP, around 8pc of govt running costs set aside for climate impacts.
Updated 13 Jun, 2024 11:42am
GDP growth target set at 3.6pc; Pension to be increased by 15pc, govt employees’ salaries by 25pc.
Published 13 Jun, 2024 07:04am
APNS calls it "disastrous for the survival of the already crisis-ridden print media”.
Updated 13 Jun, 2024 11:46am
Sherry Rehman says as part of their coalition accord with PML-N, the PSDP for all provinces was to be “pre-agreed” with the govt.
Updated 13 Jun, 2024 03:20pm
Finance bill proposes bar on non-filers' travel abroad, except for certain groups; sealing of business and jail if fail to register under Tajir Dost Scheme.
Updated 13 Jun, 2024 08:22am
Dar defends budget proposals, supports increase in salaries; debate on budget to start today.
Published 13 Jun, 2024 07:00am
Govt expects to net Rs1.76tr from new measures; significant increase in tax rates for the salaried; new tax rates for property transactions.
Updated 13 Jun, 2024 08:17am