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Budget 2020/2021 preview: Ambitious tax collection target likely with less weight on documentation

June 4, 2020June 4, 2020Mrs. Anjum Shahnawaz

KARACHI: The government likely to set an ambitious revenue collection target for budget 2020/2021 with less focus on documentation of economy in order to promote business. According to Budget 2020/2021 preview released by Topline Securities on Thursday, the government is expected to announce the Federal Budget for FY21 on June 12, 2020. The budget is […]

Budget deficit swells to 5 percent in nine months, higher than fiscal year target

May 21, 2019March 31, 2021Faisal Shahnawaz

ISLAMABAD: The country’s budget deficit soared to 5 percent in the first nine months of current fiscal year, which is already higher than the full year target of 4.9 percent. According to statistics issued by the ministry of finance on Tuesday, the budget deficit for July –April 2018/2019 increased to five percent, which was 4.3 […]

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Budget 2020/2021 preview: Ambitious tax collection target likely with less weight on documentation

Budget deficit swells to 5 percent in nine months, higher than fiscal year target

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