Trends - Taxes - Business Recorder

Taxes

Foreign inflows

EDITORIAL: State news agency of Kingdom of Saudi Arabia (KSA) has reported that the KSA government could increase ...

Published 12 Jan, 2023 05:51am

Opinion

FDI: disastrous policies

This writer has been writing following in response to the news that the Government of Pakistan is considering...

Published 11 Jan, 2023 06:33am

Business & Finance

0.15m less containers arrived in Jul-Dec: FBR

ISLAMABAD: A total of 0.55 million containers of importable goods/ commodities have reached Pakistan during the...

Updated 11 Jan, 2023 08:54am

Business & Finance

FBR sees Rs1289bn tax gap for 2022

ISLAMABAD: The Federal Board of Revenue (FBR) has worked out overall tax gap of Rs1,289 billion during 2022, which...

Published 10 Jan, 2023 06:28am

Business & Finance

Aptma team told: FBR wants to reduce tax burden on taxpayers

KARACHI: The Federal Board of Revenue (FBR) wants to reduce the burden of tax on the taxpayers, who are already...

Published 06 Jan, 2023 06:55am

Tax demand in respect of Q2 2022 advance tax: IHC sets aside order of DC IR Islamabad

ISLAMABAD: The Islamabad High Court (IHC) set aside the order of Deputy Commissioner Inland Revenue, Islamabad...

Updated 05 Jan, 2023 08:54am

Business & Finance

Power bills: FBR collects double income tax in Karachi

KARACHI: Despite being victimized by dilapidated road infrastructure, high air pollution, gas shortage,...

Published 05 Jan, 2023 05:58am

Opinion

All is far from well

The state of the economy today should be a source of serious concern to the eleven-party coalition government in...

Published 02 Jan, 2023 05:54am

Opinion

To many it sounds like PDM wants to have its cake and eat it

The plot thickens. With SBP’s (State Bank of Pakistan’s) forex reserves expected to fall below $5 billion in a...

Published 02 Jan, 2023 05:54am

Opinion

2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy

Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has...

Updated 30 Dec, 2022 06:28am

Editorials

Ishaq Dar’s address: misplaced optimism?

EDITORIAL: Federal Finance Minister Ishaq Dar gave an impassioned virtual address to mark the first listing of the...

Published 30 Dec, 2022 05:50am

Dar addresses ebbing investor confidence

KARACHI/ISLAMABAD: Finance Minister Ishaq Dar Wednesday assured the investors that Pakistan won’t default, adding...

Updated 29 Dec, 2022 08:45am

Business & Finance

Move to bring 2m retailers into tax net: Senate body clears bill on tax laws

ISLAMABAD: The Senate Standing Committee on Finance has cleared the Tax Laws (Second Amendment) Bill, 2022 with some...

Updated 23 Dec, 2022 08:44am

Editorials

Tougher times likely ahead for markets

EDITORIAL: Yesterday, S&P Global cut Pakistan’s long-term sovereign rating by one notch to “CCC+” from “B”. The...

Published 23 Dec, 2022 05:54am

Opinion

Cash surplus of provincial govts

The role of the four provincial governments has increased after the 18th Amendment. They have also become entitled ...

Published 20 Dec, 2022 05:58am

Business & Finance

KP traders call for steps to simplify tax system, broaden tax base

PESHAWAR: Traders community in Khyber Pakhtunkhwa demanded the government and Federal Board of Revenue (FBR) to take...

Published 19 Dec, 2022 06:00am

Pakistan

‘Politically-exposed’ persons facilitate smuggling: As yet no mechanism in place to effectively curb forex outflows

LAHORE: Changes in law and tax provisions have failed to provide mechanism to control unauthorized foreign currency...

Updated 17 Dec, 2022 01:07pm

‘Flood Levy’: FBR has not drafted any proposal

ISLAMABAD: The Federal Board of Revenue (FBR) has not drafted any proposal to impose “Flood Levy” or any new...

Updated 16 Dec, 2022 09:27am

Business & Finance

All revenue targets will be achieved: PM’s aide

KARACHI: Special Assistant to the Prime Minister on Revenue and Minister of State Tariq Mehmood Pasha has said that...

Published 15 Dec, 2022 07:54am

Opinion

‘Shortfall in revenues’

That noted economist Dr Hafiz A Pasha could turn any dry and drab talk into an erudite discussion is a fact. His...

Published 15 Dec, 2022 06:58am

Editorials

Economy: a mess PDM govt is making worse?

EDITORIAL: Pakistan’s economy is trapped in a vicious loop. There are three faultlines; and all of them are...

Published 15 Dec, 2022 06:27am

Business & Finance

On sale of inherited properties: Tax officers charging advance tax ‘unjustly’

LAHORE: Tax officers are charging advance tax unjustifiably against the sale of inherited properties as they ignore...

Updated 13 Dec, 2022 04:46pm

Opinion

PML-N versus PML-N

The markedly different perceptions of the state of the Pakistan economy today between PML-N’s stopgap finance...

Updated 12 Dec, 2022 06:40am

Pakistan

Punjab collects over Rs135bn revenue thru e-Pay Punjab

LAHORE: The Punjab government has collected record tax revenue of over Rs135 billion to date through e-Pay Punjab, ...

Published 09 Dec, 2022 05:58am

Opinion

Contradictions in economic policy stance and a way forward

In its policy prescription, the International Monetary Fund (IMF) has been pushing Pakistan for adopting procyclical...

Updated 09 Dec, 2022 06:32am

Electricity bills: PD says doesn’t want to manage tax, surcharge collection

Expresses willingness to do away with the role of collection of taxes, surcharges on electricity except General Sales Tax

Updated 09 Dec, 2022 09:44am

Opinion

Oily matters – I

Pakistan’s oil imports are the biggest drain on foreign exchange. Current year’s oil import bill has been...

Published 08 Dec, 2022 06:10am

Business & Finance

Business confidence negative: OICCI survey

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has announced the results of its...

Updated 08 Dec, 2022 09:12am

Business & Finance

Suspected consignments, delinquent staff: FBR endorses DGI&I Sost’s enforcement action

ISLAMABAD: The Federal Board of Revenue (FBR) has fully endorsed the enforcement action of the Directorate General...

Updated 27 Nov, 2022 09:41am

Business & Finance

Mobile industry underscores need for WGA to battle against headwinds

ISLAMABAD: There is a significant risk of Digital Pakistan not being realised in the current market and regulatory...

Published 25 Nov, 2022 06:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 29	278.37
USD PKR Interbank Buying / May 29	278.16
USD to Japanese Yen / May 29	157.06
USD to Swiss Franc / May 29	0.91
Pound Sterling to USD / May 29	1.28
Euro to USD / May 29	1.09

Stock	Volume
S&P 500 / May 28	5306.04
Nasdaq / May 28	17019.88
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87
France CAC40 / May 28	8057.80
India Sensex / May 29	74732.81
Tokyo Nikkei / May 29	38556.87

Item	Value
Petrol/Litre / May 29	273.10
Crude Oil USD/Barrel / May 29	80.19
Karachi Cotton PKR/37.32 KG / May 29	19935
Gold 10 Grams PKR / May 29	208076
Gold Spot USD/Ounce / May 29	2355.13
Diesel/Litre / May 29	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 29 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 29 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 29 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 29 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 29 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 29 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 29 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 29 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 29 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Taxes

Most Popular