Budget20
The PTI government’s first full-year budget proposed a ferocious array of taxes on almost all sectors of the economy.
Updated 12 Jun, 2019 11:19am
Govt proposes to do away with the non-filer regime by making failure to file tax return a punishable criminal offence.
Updated 03 Jul, 2019 11:58am
There are a number of procedural changes that real estate investors need to be aware of before investing in real estate.
Updated 03 Jul, 2019 11:58am
Income taxes are back for most of the salaried class, with progressive taxes going up to 35pc for the richest.
Updated 12 Jun, 2019 04:52pm
Siraj Qasim Teli of the Karachi Chamber of Commerce terms the government's revenue target as "very ambitious".
Updated 12 Jun, 2019 11:06am
"I'm making a high-powered enquiry commission with a one-point agenda: how did they raise the debt so much in 10 years?"
Updated 13 Jun, 2019 03:03pm
Net revenue forecast to reach Rs3.5 trillion; fiscal deficit to rise to 7.2pc of GDP.
Updated 12 Jun, 2019 11:22am
Here are some takeaways in terms of what new taxes consumers and businesses will face from PTI's first 'full' budget.
Updated 03 Jul, 2019 11:59am
Budget size to be Rs7,036 billion; federal revenue target set at Rs6,717bn, of which FBR taxes will be Rs5,550bn.
Updated 11 Jun, 2019 08:27pm
This is a bad time for it to be on a war footing with so many power centres around the country.
Published 11 Jun, 2019 07:45am
Growing deficits in a slowing economy present the government with its starkest challenge.
Updated 11 Jun, 2019 11:14am
The under-performance of agriculture sector hinged upon reduction in the area of cultivation.
Updated 11 Jun, 2019 09:36am
Textile, sports, surgical goods, leather and carpet sector say strike to protest withdrawal of zero-rated regime.
Updated 11 Jun, 2019 08:56am
Soon after coming into power, PTI through two finance bills reversed some of the exemptions.
Updated 11 Jun, 2019 09:57am
The economy has witnessed demand pressure owing to persistent increase in the fiscal deficit during the last two years.
Updated 11 Jun, 2019 09:01am
Disbursements from bilateral sources remained the main contributor in gross external public debt disbursements.
Updated 11 Jun, 2019 09:02am
Total public-debt-to-GDP ratio further increased and recorded at 74.2 per cent of GDP at end March 2019.
Updated 11 Jun, 2019 09:03am
The single most important number that describes the budget is the revenue target.
Updated 11 Jun, 2019 02:09pm
Survey states “the behaviour of market might be linked to new govt’s policy actions in the form of regulatory measures."
Updated 11 Jun, 2019 09:06am
A drop of 19pc was witnessed in the high-speed diesel (HSD) sales to 6.764m tonnes.
Updated 11 Jun, 2019 09:07am
Literacy rate increased in all provinces but Sindh; education expenditure rose from 2.2pc of GDP in 2016-17 to 2.4pc.
Updated 11 Jun, 2019 08:35am
This is just a recollection of memories of a subeditor who has never understood figures and budgets.
Updated 11 Jun, 2019 07:41am
Sector-wise growth falls short of projections, Pakistan Economic Survey 2018-19 report reveals.
Updated 10 Jun, 2019 11:09pm
"It is important for us to understand the fundamental imbalances in our economy," Shaikh says at outset of his speech.
Updated 10 Jun, 2019 06:49pm
Allocations for military procurement and expenditures for the war against terrorism remain opaque.
Published 10 Jun, 2019 04:42pm
The address comes just a day before the announcement of the federal budget for the fiscal year 2019-20.
Updated 10 Jun, 2019 12:35pm
Last year's growth target was already ambitious at the time of its presentation.
Published 10 Jun, 2019 08:13am
For many years, perhaps decades, an argument has been made that Pakistan spends too much on defence.
Updated 10 Jun, 2019 04:45pm
Now is the time for the wealthier classes to take the hit of these adjustments with abolition of tax exemptions....
Published 10 Jun, 2019 06:49am
FY20 is going to be tough, perhaps tougher than FY19 in terms of resource gaps in the government’s finance books.
Updated 10 Jun, 2019 07:37am
