Budget 2024 25
Budget session will start at 2pm.
Published 12 Jun, 2024 07:17am
Cost of tax breaks climbs for sixth consecutive year; surge comes mainly due to Rs1.338tr waiver on domestic, imported petroleum products.
Updated 12 Jun, 2024 10:32am
Narrows down significantly by 87.5pc to $0.5bn compared to $4.1bn last year.
Updated 12 Jun, 2024 10:39am
Rate of accumulation in 9MFY24 slows to Rs4.64tr compared to Rs10tr in FY23.
Updated 12 Jun, 2024 10:42am
Industrial and services sectors improve, with each posting a growth of 1.21 per cent.
Updated 12 Jun, 2024 10:45am
Pakistan Banks Association has remained engaged with the finance ministry and the FBR on the ADR-linked taxation.
Updated 12 Jun, 2024 11:02am
Shazia Marri accuses Centre of ignoring their lawmakers’ concerns.
Updated 12 Jun, 2024 09:02am
Youth aged 15-24 have highest unemployment rate of 11.1pc, followed by 7.3pc among the 25-34 years bracket.
Updated 12 Jun, 2024 09:50am
Cotton, rice and wheat grow by 108.2pc, 34.8pc and 11.6pc, respectively.
Updated 12 Jun, 2024 11:33am
Amid unwillingness to restructure debt, Fund is leaning on Islamabad to enhance revenue through taxation, end subsidies on consumption.
Updated 12 Jun, 2024 08:45am
What the finance minister did not elaborate on were the heavy costs the fragile stability had imposed on the economy and people.
Updated 12 Jun, 2024 07:58am
Taxing "all sectors, all sources of income" will take more than just prudent planning.
Updated 12 Jun, 2024 08:10am
Agriculture sector sees growth of 6.25pc; finance minister says current account deficit lowered from $6bn to $200m.
Updated 12 Jun, 2024 04:08pm
Wholesale and retail trade is one segment that barely pays any direct taxes and often creates the most noise whenever there is any effort to extract even a minimal amount of tax.
Published 11 Jun, 2024 11:00am
The decision underscores SBP’s confidence that economic stability is gaining traction.
Updated 11 Jun, 2024 09:05am
Rehan Shaikh, president of the OICCI, ruminates on what Pakistan can do to attract the big fish of foreign investment.
Updated 11 Jun, 2024 10:43am
Former NA speaker asks if Punjab has been turned into "a police state".
Updated 11 Jun, 2024 11:23am
Hassan Murtaza says his party didn’t support Punjab govt for "solo decision making" and "to prepare budget in the kitchen".
Updated 11 Jun, 2024 09:43am
Okays provinces’ cumulative uplift plans worth Rs2tr; GDP growth target set at 3.6pc; external debt payments to put pressure on forex reserves.
Published 11 Jun, 2024 07:44am
Experts say security, stability and ease of doing business prerequisites to emulate Chinese, Indian or Vietnamese success in attracting big money.
Updated 11 Jun, 2024 08:18am
Calls federal cabinet meeting; Aurangzeb to launch Economic Survey 2023-24 in the afternoon.
Published 11 Jun, 2024 07:40am
No MoU signed to attract solar investment during PM’s China visit.
Published 11 Jun, 2024 07:28am
Newly formed Tax Reforms Commission says current system is “neither citizen-friendly, transparent, stable, nor predictable”.
Updated 11 Jun, 2024 10:31am
Finance ministry official says some IMF demands, mainly regarding tax revenue target, are "very hard considering the current economic conditions”.
Updated 11 Jun, 2024 12:01am
Finance Minister Muhammad Aurangzeb will launch the pre-budget document at 5:30pm; National Economic Council meeting held.
Updated 10 Jun, 2024 10:06pm
The 2024-25 budget will ultimately boil down to how the sovereign, meaning the government, will make its ends meet.
Updated 10 Jun, 2024 01:30pm
Federal strategic interventions paired with public-private partnerships for solar financing are essential to accelerate the clean energy adoption process.
Updated 10 Jun, 2024 01:29pm
Federal strategic interventions paired with public-private partnerships for solar financing are essential to accelerate the clean energy adoption process.
Published 10 Jun, 2024 08:27am
The size and the timing of the IMF loan, along with prospects of foreign funding by friendly countries, will decide the fate of the rupee.
Published 10 Jun, 2024 08:27am
Many are sceptical of the premier and finmin of translating their words into well-defined actions in the budget. Will they prove their doubters wrong?
Updated 10 Jun, 2024 09:06am
