No new tax to be imposed in upcoming budget: Hafeez Shaikh

MG News | June 04, 2020 at 09:54 AM GMT+05:00

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June 4, 2020: Adviser to PM on Finance Abdul Hafeez Shaikh has assured that no new tax will be introduced in the budget 2020-21.

Talking to a private news channel, he said the government will fulfill the defense needs of the country as defense and security is the priority of the government.

To a question, he said there is no shortfall in power generation as 25000MW electricity is being produced whereas the country's demand is 15000 MW.

To another question, he said Pak's economy would recover soon.

Radio Pakistan

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Name	Price/Vol	%Chg/NChg
KSE100	152,740.38 147.44M	-1.01% -1551.88
ALLSHR	91,858.47 324.25M	-0.86% -800.10
KSE30	46,223.61 86.89M	-1.45% -681.25
KMI30	219,130.92 66.08M	-1.15% -2553.50
KMIALLSHR	59,625.28 139.61M	-0.93% -562.17
BKTi	42,104.46 39.09M	-2.02% -866.56
OGTi	32,077.87 10.13M	-1.27% -414.19

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	68,155.00	68,500.00 67,585.00	-2065.00 -2.94%
BRENT CRUDE	112.34	114.35 110.22	0.15 0.13%
RICHARDS BAY COAL MONTHLY	99.40	0.00 0.00	-12.60 -11.25%
ROTTERDAM COAL MONTHLY	123.30	0.00 0.00	0.00 0.00%
USD RBD PALM OLEIN	1,083.50	1,083.50 1,083.50	0.00 0.00%
CRUDE OIL - WTI	98.30	101.50 96.75	0.07 0.07%
SUGAR #11 WORLD	15.63	15.72 15.27	0.26 1.69%