Business News
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PSX soars to record 76,208 points as investors cheer steady CGT
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[ad_1] A broker talks on the phone at the Pakistan Stock Exchange in Karachi on May 20, 2024. — PPI Pakistan’s stock market on Thursday surged to its highest level on record, marking its biggest single-day gain in nearly a…
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Pakistan hopeful of reaching staff-level agreement with IMF in July: Aurangzeb
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[ad_1] Finance Minister Muhammad Aurangzeb addresses post-budget press conference in Islamabad on June 13, 2024. — Screengrab/GeoNews ISLAMABAD: Finance Minister Muhammad Aurangzeb said Thursday the federal government was hopeful of reaching a staff-level agreement with the International Monetary Fund (IMF)…
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WATCH: Journo’s question leaves FM searching for answers | The Express Tribune
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[ad_1] Journalists staged a protest against the imposition of heavy taxes on salaried employees before Finance Minister Muhammad Aurangzeb’s press conference on Thursday. The finance minister was set to address a post-budget press conference in Islamabad when journalists stood up…
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Import duties on essential items remain unchanged in federal budget
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[ad_1] Representational image of people buying vegetables at a local market in Lahore on August 29, 2022, amid a big hike in prices of food items in the wake of massive floods in Pakistan. — AFP/File ISLAMABAD: The government has…
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Solar panels: Govt announces major relief in federal budget
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[ad_1] Workers washing 300 KWP solar PV system after its installation at Nishtar Medical University and Hospital in Multan, on December 4, 2022. — APP ISLAMABAD: In a bid to promote localisation, the federal government on Wednesday announced major relief…
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Defence spending up 18% | The Express Tribune
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[ad_1] ISLAMABAD: The federal government proposed around 18% increase in the defence budget as the country continued to face internal and external security challenges, the budget document showed on Wednesday. The defence budget outlay for 2024-25 is Rs2,128 billion –…
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Budget: Govt unveils major funding for primary education
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[ad_1] A girl reading a book while attending her daily class with others at a government school in Peshawar. — Reuters/File ISLAMABAD: The incumbent government has earmarked major funding for the education sector in the federal budget 2024-25, in order…
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Govt proposes increasing maximum limit of PDL on petrol, diesel to Rs80
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[ad_1] A fuel station attendant filling up a car at a petrol station. — AFP/File ISLAMABAD: The federal government has proposed increasing the maximum limit of Petroleum Development Levy (PDL) to Rs80 from existing Rs60 in the Finance Bill 2025….
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Budget 2024-25: Income tax calculator
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[ad_1] A representational image shows a tax written on a calculator. — AFP/File Finance Minister Senator Muhammad Aurangzeb on Wednesday presented Budget 2024-25 loaded with new tax measures for the salaried and non-salaried class people with a total tax collection…
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Economists weigh in on federal budget FY25
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[ad_1] People buy dry fruits at a market in Karachi, Pakistan February 1, 2023. — Reuters After the Pakistan Muslim League-Nawaz-led coalition government presented federal budget 2024-25 with a total outlay of Rs18.9 trillion, prominent economists have analysed the strengths…
