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Budgets

Budget proposals: PBC calls for mining FBR data to identify new taxpayers

The Pakistan Business Council (PBC), the country’s largest corporate sector advocacy platform, has urged the...

Updated 02 May, 2024 10:41pm

Forex

IMF’s criticism of Pakistan’s budget raises default odds: Bloomberg

If IMF aid doesn’t come this month, it expects growth to be much weaker in fiscal 2024 than the current forecast of 2.5%

Updated 19 Jun, 2023 08:07pm

Budgets

Access the Finance Bill 2023-24 here

Published 09 Jun, 2023 08:20pm

Budgets

Market view: how will the budget impact businesses?

Flanked alongside his coalition partners, Finance Minister Ishaq Dar on Friday announced the budget for the fiscal...

Published 10 Jun, 2023 12:03am

Business & Economy

IMF should not interfere in Pakistan’s political, domestic affairs: Aisha Ghaus Pasha

Minister of State for Finance says IMF's comment on Pakistan's domestic affairs is 'extraordinary', wants 'uncertainty' on bailout to end

Updated 31 May, 2023 05:22pm

Budgets

OICCI conveys concerns over tax anomalies in budget proposals

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has conveyed its concerns over tax anomalies...

Published 22 Jun, 2022 06:45am

Budgets

Budget 2022-23: Mandviwalla hails govt for not imposing indirect taxes

ISLAMABAD: Chairman of the Senate Standing Committee on Finance, Senator Saleem Mandviwalla Monday appreciated that...

Published 21 Jun, 2022 05:51am

Industry

RCCI for ending double taxation, removing anomalies

RAWALPINDI: The business community has demanded that the double taxation and anomalies be removed from the fiscal...

Published 21 Jun, 2022 06:58am

Budgets

Punjab debt service estimates stand at Rs82.4bn for FY23

LAHORE: With interest payment of Rs 18 billion and principal repayment of Rs 64.4 billion, Punjab debt service...

Published 18 Jun, 2022 06:00am

Budgets

New employees: KP govt develops framework for rolling out CPF

PESHAWAR: The government of Khyber Pakhtunkhwa in collaboration with Securities & Exchange Commission of ...

Published 20 Jun, 2022 05:51am

Budgets

‘Country’s development budget kept on decreasing in 4 years’

ISLAMABAD: Minister for Planning and Development Ahsan Iqbal on Thursday said that the government had no option but...

Published 17 Jun, 2022 06:37am

Budgets

Govt hasn’t suffered major revenue loss due to tariff rationalisation: NTC

ISLAMABAD: Chairperson National Tariff Commission (NTC) Robina Ather on Thursday informed the Senate Standing...

Published 17 Jun, 2022 06:37am

Budgets

Anomaly Committee: LCCI praises govt for giving representation

LAHORE: The Lahore Chamber of Commerce & Industry on Wednesday hailed the government for posing trust on the...

Published 16 Jun, 2022 06:55am

Budgets

Punjab govt announces Rs3.23trn budget amid deadlock

Health, water, solar power, SEZs get massive allocations

Updated 15 Jun, 2022 08:49pm

Budgets

Punjab govt imposes no new tax under ST on services

LAHORE: No new tax has been imposed by the Punjab government under the sales tax on services for the fiscal year...

Published 16 Jun, 2022 07:10am

Budgets

Murad pledges record development in Sindh

KARACHI: Chief Minister Sindh Syed Murad Ali Shah on Wednesday said that the provincial fiscal budget 2022-23...

Published 16 Jun, 2022 07:15am

Budgets

Sixth Schedule: ‘Proposed restoration of exemption may hit medicine makers badly’

KARACHI: The proposed exemption restoration in Sixth Schedule may lead to serious financial shock to the pharma...

Published 16 Jun, 2022 07:25am

Budgets

Budget proposals: FPCCI chief decries absence of ‘industrial package’

KARACHI: Shabbir Hassan Mansha, the acting president of Federation of Pakistan Chambers of Commerce and Industry...

Published 16 Jun, 2022 08:17am

Budgets

Opposition terms KP budget as unrealistic

PESHAWAR: Opposition parties here on Tuesday rejected the Khyber Pakhtunkhwa Budget for financial year 2022-23 and...

Published 15 Jun, 2022 05:47am

Budgets

Hamza blames Imran, Elahi for halting Punjab budget session

LAHORE: While deadlock persists between the treasury and opposition benches over presentation of Punjab budget...

Published 15 Jun, 2022 06:30am

Budgets

Anomalies in Finance Bill, 2022: Anomaly committees constituted

ISLAMABAD: The Chairman, Federal Board of Revenue/Secretary Revenue Division has constituted two Anomaly Committees...

Published 15 Jun, 2022 06:30am

Budgets

Deadlock over Punjab budget session persists

LAHORE: As a result of the deadlock between the opposition and treasury benches on the issue of the presence of the...

Published 15 Jun, 2022 06:30am

Budgets

FBR reviewing tax relief of Rs47bn to salaried class

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad said Tuesday that the FBR is reviewing the tax relief...

Updated 15 Jun, 2022 07:37pm

Budgets

Jhagra censures federal govt for reduction in NMD’s uplift funds

PESHAWAR: KP Minister for Finance, Taimoor Saleem Jhagra has censured the federal government for reduction in...

Published 15 Jun, 2022 06:43am

Budgets

Punjab govt proposes Rs240bn for South Punjab

LAHORE: In the Punjab Budget 2022-23, the Punjab government has proposed an allocation of Rs 240 billion, 35 percent...

Published 15 Jun, 2022 06:43am

Budgets

Punjab proposes Rs19.53bn for agriculture, irrigation, livestock

LAHORE: The Punjab government has proposed a sum of Rs19.53 billion as the Annual Development Programme (ADP)...

Published 15 Jun, 2022 06:58am

Budgets

Sindh unveils Rs1,714-billion budget with 'no new taxes'

Chief Minister Murad Ali Shah says some existing rates have been rationalised

Updated 14 Jun, 2022 09:25pm

Budgets

RTC highlights post-budget challenging circumstances

ISLAMABAD: The federal budget 2022-23 has come under challenging circumstances when the country is facing both...

Published 14 Jun, 2022 05:56am

Budgets

Budgets prepared on dictation of IMF, says JI chief

LAHORE: Chief of Jamaat-e-Islami Sirajul Haq has said the federal and provincial budgets are anti-poor and prepared...

Published 14 Jun, 2022 05:56am

Budgets

Punjab cabinet approves budget for 2022-23, ADP

LAHORE: The provincial cabinet, in a meeting held under the chairmanship of Chief Minister Hamza Shehbaz, on Monday...

Published 14 Jun, 2022 05:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 16	278.55
USD PKR Interbank Buying / May 16	278.25
USD to Japanese Yen / May 16	155.81
USD to Swiss Franc / May 16	0.91
Pound Sterling to USD / May 16	1.27
Euro to USD / May 16	1.09

Stock	Volume
S&P 500 / May 16	5297.10
India Sensex / May 16	73663.72
Tokyo Nikkei / May 16	38697.69
Nasdaq / May 16	16698.32
Hang Seng / May 16	19535.72
FTSE 100 / May 16	8438.65
Dow Jones / May 16	39869.38
Germany DAX 30 / May 16	18738.81

Item	Value
Crude Oil USD/Barrel / May 16	79.42
Karachi Cotton PKR/37.32 KG / May 16	19935
Gold 10 Grams PKR / May 16	210562
Gold Spot USD/Ounce / May 16	2377.52
Cotton US¢/pound / May 16	76.26
Petrol/Litre / May 17	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 17 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 17 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 17 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 17 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 17 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 17 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 17 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 17 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 17 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 17 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 17 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 17 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 17 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 17 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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