Budget2023
The measure may address immediate solvency concerns but if reforms are not done, there will be no golden goose to cull in future.
Updated 28 Jun, 2022 03:38pm
Asad Umar asserts new measures will increase unemployment and exacerbate the economic crisis.
Updated 25 Jun, 2022 09:45am
Small shops to pay Rs3,000 monthly, big retailers Rs10,000; gold dealers with shops under 300 square feet to pay Rs40,000.
Updated 25 Jun, 2022 07:31am
Benchmark index closes at 41,149.16 points, down 3.6pc; analysts say new tax will severely hurt corporate profitability.
Updated 24 Jun, 2022 07:13pm
Taxes on cement, steel, sugar, oil, fertiliser, LNG, textile, banking, automobiles, cigarettes, chemicals, beverages and airlines.
Updated 25 Jun, 2022 08:29am
Sherry Rehman concedes that that the proposed budget for the next year is eventually an IMF budget.
Updated 24 Jun, 2022 10:18am
Says govt to close budget in National Assembly tomorrow, castigates Imran for pushing Pakistan to brink of economic collapse.
Updated 03 Jul, 2022 08:47am
40 demands for grants passed without cut motion as opposition holds session at assembly building.
Published 23 Jun, 2022 09:30am
Opposition stages token walkout over absence of ministers; Sherry says govt has to take tough decisions to break "debt trap".
Updated 23 Jun, 2022 10:25am
House wore deserted look throughout proceedings due to lack of interest from both sides of divide.
Updated 23 Jun, 2022 09:28am
Acting president says turnover tax of 1.25pc for traders, dealers is unbearable as profit margins are barely 2pc in market sales.
Updated 23 Jun, 2022 07:42am
MNA Mohsin Dawar concerned over rise in terrorism in former tribal areas; PM briefly attends sitting.
Updated 22 Jun, 2022 08:09am
With the provincial income estimated at Rs540bn, budget deficit will stand at Rs72.8bn.
Published 22 Jun, 2022 07:11am
Says govt is ready to take more tough economic decisions if need be.
Updated 21 Jun, 2022 07:21pm
Warn if rights not granted to tribal districts, residents will demand separate province.
Updated 21 Jun, 2022 09:09am
Verbal brawl began when PTI’s Dua Bhutto accused male PPP lawmakers of manhandling her in previous sitting.
Updated 21 Jun, 2022 09:24am
Sources say postponement was either due to PSDP not being finalised, or result of MPAs’ objections on development funds.
Updated 21 Jun, 2022 07:30am
Says revival of EFF likely in "a day or two", promises to protect those with up to Rs1.2m annual earnings from income tax.
Updated 21 Jun, 2022 01:11pm
Says govt will tax well-to-do citizens but provide relief to the poor.
Updated 20 Jun, 2022 09:13pm
The provincial government continues to walk on the beaten path that has landed it firmly far behind Punjab.
Updated 20 Jun, 2022 09:12am
It is natural for the Hamza Shehbaz administration to propose a fiscally loose budget to please PML-N’s stranglehold.
Updated 20 Jun, 2022 09:19am
Despite exaggerated revenue numbers, the province has quite intelligently knitted together populism and reforms.
Updated 20 Jun, 2022 09:16am
Gap between revenue and expenditure projections of Fund and government persists.
Published 20 Jun, 2022 07:21am
PTI and its ally PML-Q say the session called at Aiwan-i-Iqbal is illegal.
Updated 19 Jun, 2022 10:06am
MMA member also accuses govt of launching projects on CM’s verbal orders.
Updated 18 Jun, 2022 01:40pm
Opposition lawmakers slam govt for providing no relief to common man.
Updated 18 Jun, 2022 01:25pm
Says he witnessed same situation during previous govt's tenure but “two wrongs don’t make a right”.
Updated 18 Jun, 2022 09:37am
Budget session conducted at a nearby building, Aiwan-i-Iqbal, on the orders of the governor concurrently.
Updated 17 Jun, 2022 09:28am
Buzdar air travel cost exceeded Rs351m earmarked in last budget, reveal budget documents.
Updated 17 Jun, 2022 09:35am
Estimation errors and weak prioritisation will make the budget a non-starter for the IMF.
Updated 17 Jun, 2022 08:13am
