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budget

5th successive decline: rupee settles at 287.15 against US dollar

Currency depreciates 0.20% in inter-bank market

Updated 23 May, 2023 07:26pm

FY24 Budget: Rs9.2trn tax collection target expected

ISLAMABAD: The tax collection target of the Federal Board of Revenue (FBR) would be fixed within the range of Rs 9...

Updated 23 May, 2023 08:49am

Opinion

Let next elected govt present budget

Finance Minister Ishaq Dar, unconditionally backed by Nawaz Sharif, the party supremo, as well as by Prime Minister...

Published 22 May, 2023 06:23am

APCC meets on June 2 to propose PSDP budget

ISLAMABAD: Annual Plan Coordination Committee (APCC) meeting will be held on June 2 to propose public sector...

Updated 22 May, 2023 08:59am

Opinion

‘FY2023-24 Budget’

This is apropos a Business Recorder oped “FY2023-24 Budget” carried by the newspaper yesterday. The writer,...

Published 21 May, 2023 04:00am

Opinion

FY2023-24 Budget

The government is expected to present the budget for the next fiscal year in the first week of June. Budgets in...

Published 20 May, 2023 05:59am

Local, foreign assets: Rs9bn CVT collected so far

ISLAMABAD: The government has so far collected Rs9 billion on account of capital value tax (CVT) on local and...

Updated 20 May, 2023 12:30pm

Editorials

‘Realistic’ tax target

EDITORIAL: The budget is just around the corner, which makes this the time when the finance ministry is flooded with...

Published 20 May, 2023 05:59am

Opinion

Budget, taxes, revival & growth

Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are ...

Published 19 May, 2023 06:17am

Opinion

A mission-oriented Budget

Never before in 75-year history of the country has Annual Budget been so important. Now that Pakistan has struggled...

Published 19 May, 2023 06:17am

Pakistan

‘Caretaker govt cannot give complete budget’: minister

LAHORE: Caretaker minister for local government Ibrahim Hassan Murad has that the government was preparing such...

Updated 19 May, 2023 06:42am

Pre-budget talks: Senate panel to meet stakeholders from next week

ISLAMABAD: The Senate Standing Committee has decided to hold pre-budget meetings with all the relevant stakeholders...

Updated 18 May, 2023 09:05am

Budget measures regarding new housing societies: FBR, provinces to document ‘plot file’ trading

ISLAMABAD: The Federal Board of Revenue (FBR) and provinces will take measures in the coming budget (2023-24) to...

Updated 17 May, 2023 11:20am

Opinion

Economic stress

Since around September 2021, and especially since April last year, economic stress has come to Pakistan from a ...

Updated 12 May, 2023 06:33am

Federal budget on June 9: Govt will fulfil all external obligations: Dar

Says there is a plan for foreign payments of $3.7 billion in May and June

Updated 12 May, 2023 10:29am

Budget plans: new IMF hurdle leaves govt in limbo

KARACHI: The International Monetary Fund (IMF) is preparing to discuss Pakistan’s budget plans for the coming...

Updated 05 May, 2023 08:54am

Opinion

When and who must table FY24 budget?

With the exact date for the next elections still not set, be it by order of the apex court or a consensus between ...

Published 01 May, 2023 03:28am

Govt indicates it doesn’t want polls before budget

ISLAMABAD: Federal government on Sunday indicated holding general elections across the country after having the...

Updated 01 May, 2023 09:04am

Business & Finance

KP’s finance department holds pre-budget consultations

PESHAWAR: The finance department of Khyber Pakhtunkhwa organised a pre-budget consultative meeting for public and...

Published 13 Mar, 2023 06:15am

Pakistan

Staff-level agreement with IMF expected in ‘next few days’: Dar

Finance minister says agreement has 'taken longer than it should have'

Updated 09 Mar, 2023 05:18pm

Pension, subsidies & cut in SOEs’ losses: ‘Structural reforms’ being introduced thru budget: Dar

Proposed austerity measures come under consideration during Federal Cabinet meeting

Updated 03 Mar, 2023 11:46am

PAOs directed to cut their budgets by 15pc: Austerity plan picks up the pace in austere times

Finance Minister Ishaq Dar chairs first meeting to review the implementation of the decisions taken on austerity

Updated 28 Feb, 2023 09:42am

Opinion

Budgetary outcome in 1HFY23

The information on fiscal operations from July to December 2022 of the federal and the provincial governments has...

Published 14 Feb, 2023 05:58am

FY24 budget: FBR invites proposals on income tax

ISLAMABAD: The income tax budget (2023-24) would focus on policy for taxation of real income, phasing out of tax...

Updated 08 Feb, 2023 09:12am

To be presented in first week of June: FY24 budget call circular issued to ministries, divisions

ISLAMABAD: The Finance Division has issued budget call circular to the ministries and divisions seeking their...

Updated 27 Jan, 2023 09:03am

Business & Finance

Upgrading of mobile networks: Curbs on LCs causing hurdles in import of equipment: minister

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque has said that the limited facility of...

Published 18 Jan, 2023 06:22am

Business & Finance

Rs5,000bn deficit in budget: HCCI president calls for improving working of govt depts

HYDERABAD: President of Hyderabad Chamber of Commerce and Industry (HCCI) Adeel Siddiqui has said that Rs5,000...

Published 05 Jan, 2023 05:58am

Markets

UK finance minister Hunt to present budget on March 15

LONDON: British finance minister Jeremy Hunt said on Monday he would present a budget on March 15 next year and had...

Published 19 Dec, 2022 03:22pm

Business & Finance

Canada posts C$1.72 billion surplus over six months

OTTAWA: Canada recorded a C$1.72 billion ($1.29 billion) budget surplus for the first six months of the 2022/23...

Published 26 Nov, 2022 04:13am

Pakistan

KEMU budget for 2022-23 approved: Governor calls for promoting research at universities

LAHORE: Governor of Punjab Muhammad Balighur Rehman said on Monday that universities must promote technology and...

Published 15 Nov, 2022 05:52am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
Dow Jones / May 17	40003.59
Tokyo Nikkei / May 20	39197.34
Hang Seng / May 20	19650.18
FTSE 100 / May 20	8442.03
Germany DAX 30 / May 20	18754.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

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

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

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

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