Balancing economic revival, inflation prime promise
Nearly 10 months after inheriting a faltering economy marked by institutional collapse, many near-empty banks, fastest-depleting forex reserves and inflation running high, the interim government on Monday unveiled its maiden budget prepared taking ground realities into cognizance.The interim administration has succeeded in calming some nerves of the economy and the...
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Prices up, prices down
A number of items may see hike in prices from July 1, 2025 following a tax rise proposed in the budget placed by the Finance Adviser on Monday. However, prices of essential commodities including rice, pulses, ginger, garlic may go down with a downward revision of source tax at the...
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Social safety net almost same
The proposed budget for the FY25-26 is unlikely to provide any significant relief for inflation-hit common people of the country.Finance Adviser Dr Salehuddin Ahmed in his budget proposal on Monday announced some changes in income tax, VAT and duty structure, and raised the ceiling of safer net allowances for some...
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Targets realistic, say economists
Eminent economists hail the proposed budgetary measures as realistic in the current economic context at home and abroad, save some reservations. They are critical of an "ambitious" revenue target and retaining the scope for legalising undisclosed incomes as weak points of the budget proposed by the post-uprising government. Dr Zahid...
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Leading chambers give mixed reaction
Leading chambers and other organisations of the country came up with a mixed reaction over the budget announced on Monday for the fiscal year 2025-26.The Foreign Investors Chamber of Commerce and Industry (FICCI) has expressed mixed reactions to the Finance Ordinance 2025, welcoming selected provisions while voicing concern over measures...
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Prayer Timings (2025-06-03)
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