Pakistan must reduce its trade costs by enhancing productivity which would enable it to grow sustainably, according to World Bank… Read More
Budget FY23-24: Neutral for Stock Market
The federal budget for the fiscal year 2023-24 is neutral for the local stock market, based on the initial analysis… Read More
Govt Allocates Just Rs. 97 Billion for Education in Budget 2023-24
The government has earmarked Rs. 97.098 billion for Education Affairs and Services in the federal budget for 2023-24 against the… Read More
Finance Minister Ishaq Dar Unveils Budget 2023-24
Federal Minister for Finance and Revenue Ishaq Dar Friday presented budget 2023-24 in the National Assembly. He started by recalling… Read More
Govt Planning to Collect Over Rs. 72 Billion from Sale of 4G Licenses in FY2023-24
The government has budgeted Rs. 72.597 billion from 4G licenses under the head of non-tax revenue for the next fiscal… Read More
Govt to Charge 10% Withholding Tax on Bonus Shares Issued by Listed/Non-Listed Companies
The federal government has proposed to levy a 10 percent withholding tax to encourage payments on bonus shares for listed… Read More
Govt Announces Big Discount for Payments at Islamabad Restaurants Using Cards and Wallets
To encourage digital payments in the Federal Territory of Islamabad, the government has proposed to reduce the rate of tax… Read More
Govt Sets Wild Targets for Overall Growth in 2023-24
The government had approved a GDP growth target of an estimated 3.5 percent for the 2023-24 financial year (FY24). According… Read More
Pakistan’s Inflation to Remain Above 28.5% in FY23 Amid Global Crisis
Inflation forecasts have been revised upwards and will remain at 28.5 -29.0 percent against the target of 11.5 percent for… Read More
Govt Has Given Over Rs. 2.2 Trillion in Tax Exemptions So Far in FY23
The Federal Board of Revenue (FBR) has suffered a massive revenue loss of Rs. 2,239 billion in 2022-23 on account… Read More
SBP Splashed A Little Too Much Cash into Open Market During July-March FY23: Economic Survey
The liquidity conditions in Pakistan’s inter-bank money market remained relatively strained during July-March FY23 as compared to the same period… Read More
Housing Finance Slumps in FY23 as Govt Falls Short of Expectations
The financing provided by banks for purchasing and building housing units slumped in the current financial year, as the incumbent… Read More
