fy25 News

Milk in Karachi now costs more than Paris

Milk prices in Pakistan surged by more than a fifth after a new tax was applied, making the dairy staple more expensive than in France, Australia...

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President gives assent to tax-laden finance bill

President Asif Ali Zardari on Sunday accorded his approval to Finance Bill 2024 for the new fiscal year...

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Govt passes tax-laden budget ahead of fresh IMF loan

Pakistan's parliament moved to pass the government's tax-heavy finance bill on Friday for the coming fiscal year...

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AJK govt presents Rs264bn budget

The Azad Jammu & Kashmir (AJK) government on Tuesday presented the budget for the fiscal year 2024-25 of over Rs264 billion...

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Finance Bill 2024: Senate proposes 128 recommendations to National Assembly

The Senate on Monday proposed a total of 128 recommendations including nine about the PSDP for year 2024-25 to the National Assembly...

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AJK PM highlights budget grant need

Prime Minister of Azad Jammu and Kashmir highlighted the need for an increase in the budget grant, which has remained stagnant for the past five years...

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Senate Committee upholds 20% FED on packaged juices

In response to the Fruit Juice Council's proposal to abolish the 20% Federal Excise Duty (FED) on packaged juices, the Senate Standing Committee...

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Budget Blues: Pakistan's high-stakes tax strategy

Pakistan’s budget for the upcoming fiscal year reflects the necessity to shrink the fiscal deficit with somewhat harsh taxes spanning across various segments...

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Budget FY25 targets deficit reduction, supporting IMF prospects: Fitch

Pakistan’s ambitious FY25 budget strengthens prospects for an IMF deal, Fitch Ratings says...

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REAP Chairman denounces hybrid tax model in national budget

Chela Ram Kewlani, Chairman Rice Exporters Association of Pakistan (REAP) has strongly opposed the announcement in National Budget of converting...

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Ethanol industry appeals to FM over new 29% tax in FY25 budget

The recent tax policy changes for the ethanol industry, which include eliminating the previously beneficial 1% full and final tax and imposing a burdensome...

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Pension expenditure to jump 23.5% in FY25

The federal government has set a target to disburse Rs1.014 trillion as pensions in the fiscal year 2024-25, a significant jump of 23.51%...

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FY25 budget deals catastrophic blow to textile industry: APTMA

The All Pakistan Textile Mills Association (APTMA) has voiced severe concerns regarding the FY25 budget proposed by the government...

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Pakistan plans 91.8% coverage of federal deficit via domestic sources in FY2025

Pakistan’s government plans to cover 91.8% of its federal deficit during the upcoming fiscal year (July-June FY2025) through domestic markets...

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Punjab govt to present budget for FY25 today

The Punjab budget for the next fiscal year (FY25) is set to be presented in the Provincial Assembly in Lahore today, says the Information Ministry...

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Muhammad Aurangzeb addresses budget concerns

Muhammad Aurangzeb in a post-budget press conference on Thursday clarified that the PDL would be gradual during the next fiscal year...

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Budget FY25: Enhanced FED measures on multiple sectors

The government has introduced stringent measures for Federal Excise Duty (FED), with the current rate of Rs2 per kilogram of cement set to increase...

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Budget FY25: What You Need to Know

The Government of Pakistan announced the budget for 2024-25 on Wednesday. Here is an overview of key changes that you need to know...

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Federal Budget proposes shift to value-based tax for motor vehicles

The advance tax on the registration of motor vehicles, which is currently based on engine capacity, is proposed to be shifted to a value-based system...

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Govt targets Rs1.28tr from Petroleum Levy in FY25

The federal government has set a target to collect Rs1.28 trillion through the petroleum levy in the fiscal year 2024-25, a significant jump of 33.4% YoY...

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Budget FY25 Visualized

The government of Pakistan has announced the budget for 2024-25 on Wednesday. Here is an overview of key budget figures through graphs...

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Salaried class faces notable tax hike

Almost all income tax slabs for salaried individuals have been revised, resulting in significantly higher taxation across all income levels...

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Tax rate on mutual fund dividends set to rise to 25% in FY25

The Federal government has proposed that the tax rate on dividends derived from mutual funds that earn 50% or more of their income from profit...

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Tax rate for TIER-I textile, leather retailers raised to 18% in FY25

The TIER-I retailers in the textile and leather products sector will face a higher tax slab in the upcoming fiscal year (FY25)

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Pensions hiked by 15% for FY25

The Federal government has proposed a 15% increase in the pension of retired employees in the FY25 budget...

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Revised salaried tax rates shake middle-income brackets

Almost all income tax slabs for salaried individuals have been revised, resulting in significantly higher taxation across all income levels...

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FATA/PATA tax exemptions extended for another year

The Federal government has proposed to further extend the income and withholding tax exemptions for the Federally Administered Tribal Areas (FATA)...

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FY25 Budget unveils end of tax exemption on utility subsidies

The subsidies provided by the government to consumers by paying utility companies, which were previously exempt from tax, will now be subject to taxation...

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Govt fixes 15% capital gains tax on securities

The government has decided to set the capital gains tax at a flat rate of 15% for filers for the sale of securities acquired on or after July 1, 2024...

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Non-Filers barred from exiting Pakistan

The FY24-25 budget has proposed barring the exit from Pakistan of individuals who do not file returns even in response to notices...

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Govt hikes petroleum levy by Rs20 to Rs80 for FY25

The federal government has decided to increase the maximum petroleum levy by Rs20 to Rs80 per unit on High-speed diesel oil (HSDO) and Motor gasoline...

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Highlights of Budget 2024-25

Federal Minister for Finance and Revenue Muhammad Aurangzeb is delivering the budget speech for the financial year 2024-25...

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Govt sets record Rs1.5tr PSDP for FY2024-25

The government has set highest ever size of the Federal Public Sector Development Programme (PSDP) 2024-25 at Rs1.5 trillioN...

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Govt likely to hike taxes in budget amid IMF loan pressure

Pakistan’s government is set to unveil its budget Wednesday, with Finance Minister Muhammad Aurangzeb likely under pressure to hike taxes and boost revenue...

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Pakistan to unveil ambitious budget for FY25 with IMF bailout in sight

Pakistan's coalition government will present on Wednesday its budget for the fiscal year to June 2025 that analysts expect to set ambitious fiscal targets...

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Significant progress made in achieving macroeconomic stability: FM

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Tuesday said that despite challenges, the country had made significant progress...

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M2 surges 7%, NFA rebounds, private sector credit decelerates: Economic Survey FY24

Broad Money (M2) grew by 7.0% to reach Rs 2,216.1 billion during July-March FY2024, compared to a 4.4% growth of Rs1,211.5bn in the same period last year...

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Pakistan Economic Survey FY24

Pakistan’s real Gross Domestic Product (GDP) posted a growth of 2.38% in the fiscal year 2023-24 as compared to a negative growth of 0.21% in the previous year.

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Pakistan's budget will aim to set stage for IMF bailout

Pakistan's coalition government is expected to lay out ambitious fiscal targets in the 2024/2025 (July-June) budget on Wednesday...

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Pakistan Economic Survey 2023-24 to be unveiled today

The Pakistan Economic Survey 2023-24 will be launched on Tuesday...

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NEC approves 5-year development plan

The National Economic Council on Monday approved in principle the 13th five-year National Development Plan alongside approving annual economic growth target...

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Govt to present a people-friendly budget for FY 2024-25: Amir Muqam

Minister for Kashmir Affairs Amir Muqam has assured that the government would present a people-friendly and development-oriented budget for 2024-25...

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History shows CGT hikes don’t scare investors: Report

Pakistan stock market has plummeted 2.3%, or 1,764 points, over the past seven sessions amidst fears of an increase in Capital Gains Tax (CGT) or dividend tax..

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PSX proposes 20% tax credit to boost IPO listings in FY25 budget

To encourage companies to engage in an IPO and list on the Exchange, the Pakistan Stock Exchange has proposed to the Ministry of Finance (MoF)...

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PSX proposes comprehensive tax reforms to MoF, FBR for budget FY25

Pakistan Stock Exchange (PSX) has submitted a series of important tax proposals to the Ministry of Finance (MoF) and the Federal Board of Revenue (FBR)...

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Business community demands relief in budget FY25

The business community has demanded relief and facilities for the promotion of industry in the upcoming budget 2024-25 by broadening the tax net...

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Govt likely to present federal budget on June 12

The federal government is likely to present the federal budget for the year 2024-25 on June 12, well-informed sources told Mettis Global News...

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FPCCI calls for growth-oriented budget 2024-25 for trade, industry

Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday called for a growth-oriented budget 2024-25 for the trade and industry...

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KP turns to domestic debt, Rs31.3bn proposed for FY25

Khyber Pakhtunkhwa’s budget for the upcoming fiscal year 2024-25 shows proposed Domestic Debt receipts of Rs31.3 billion among the capital inflows...

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KP govt unveils Rs1.75tr budget, 10% rise in salary & pensions

The Pakistan Tehreek-e-Insaf (PTI) led Khyber Pakhtunkhwa government has unveiled its budget of Rs1.75 trillion for the upcoming fiscal year 2024-25...

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Name Price/Vol %Chg/NChg
KSE100 128,199.43
336.91M
2.05%
2572.11
ALLSHR 79,787.62
1,023.63M
1.53%
1202.91
KSE30 39,105.00
121.90M
2.49%
951.21
KMI30 186,915.61
131.16M
1.10%
2029.11
KMIALLSHR 54,201.88
553.60M
0.81%
438.07
BKTi 33,476.68
51.49M
4.87%
1555.00
OGTi 27,962.58
9.77M
0.68%
188.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 106,275.00 106,275.00
105,440.00
525.00
0.50%
BRENT CRUDE 67.12 67.29
67.05
0.01
0.01%
RICHARDS BAY COAL MONTHLY 97.50 97.50
97.50
0.70
0.72%
ROTTERDAM COAL MONTHLY 103.80 103.80
103.80
-3.45
-3.22%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.44 65.65
65.34
-0.01
-0.02%
SUGAR #11 WORLD 15.70 16.21
15.55
-0.50
-3.09%


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