Trends - Taxes - Business Recorder

Taxes

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

Business & Finance

Entire appellate system of FBR requires automation: experts

ISLAMABAD: The Federal Board of Revenue (FBR) requires automation of the whole appellate system starting from the...

Published 11 Nov, 2022 05:54am

Opinion

Inflation and Pakistan

Inflation is largely an outcome of government policies ranging from an unsustainable budget deficit to heavy ...

Published 31 Oct, 2022 06:23am

Business & Finance

Microsoft avoids paying tax in many countries

LONDON: Tech giant Microsoft has avoided billions in taxes in Britain, Australia and New Zealand, all countries ...

Published 17 Oct, 2022 06:31am

Opinion

History of taxation: a perspective

Taxes are share of state in income, production and consumption and never liked by individuals or corporate bodies....

Published 28 Sep, 2022 05:51am

Pakistan

Karachi Administrator Murtaza Wahab resigns after KE stopped from collecting local tax via bills

Resignation comes after Sindh High Court strikes down decision to include KMC tax in electricity bills

Updated 26 Sep, 2022 07:09pm

Pakistan

'Times have changed now': Experts weigh in as Dar set to make comeback as finance minister

Being in IMF programme, there is little room to do 'much' for the economy, say some analysts

Updated 26 Sep, 2022 06:17pm

Business & Finance

ADB report advocates fiscal consolidation, policy reforms

ISLAMABAD: Continued efforts towards fiscal consolidation and policy reforms will be key to sustaining improvements...

Published 13 Sep, 2022 06:47am

TI-P advocates supply of gas to KE as per priority order

ISLAMABAD: Transparency International-Pakistan (TI-P) has sought Prime Minister’s intervention for supply of...

Updated 02 Sep, 2022 09:43am

BR Research

INDU: No regrets

Never running out of style, it would seem, Indus Motors (PSX: INDU) bragged an unapologetic earnings growth of 23...

Published 31 Aug, 2022 08:38am

Pakistan

Electricity bills and taxes: Farmers continue protest against rising inflation

ISLAMABAD: Farmers continued their sit-in for the second consecutive day to press the government for the fulfilment...

Published 27 Aug, 2022 07:14am

Pakistan

Urban flooding hits businesses: FBR, SRB urged to give relief in taxes to traders

KARACHI: Ateeq ur Rehman (financial analyst) has urged the FBR, SRB to give relief in taxes to the traders who are...

Published 31 Jul, 2022 05:39am

Business & Finance

LTO Karachi shows remarkable achievement

KARACHI: Large Taxpayers Office, Karachi has shown remarkable achievement by collecting revenue amounting to Rs ...

Updated 01 Jul, 2022 09:27am

Business & Finance

Collection of govt receipts/duties/taxes: Concerned branches to open on 29th & 30th

KARACHI: The State Bank of Pakistan (SBP) announces opening of concerned branches for collection of government...

Published 28 Jun, 2022 06:10am

Business & Finance

Super tax: PBC says Pakistan taxing 'productivity and growth'

Advocacy platform questions who will benefit from the govt's latest taxation measures

Updated 25 Jun, 2022 06:36pm

Markets

KSE-100 recovers marginally after falling 2,000 points in 20 minutes

Index fell as much as 4.8% earlier in the day as government announced imposition of super tax on large-scale industries

Updated 24 Jun, 2022 06:43pm

Business & Finance

APGAI, APPMA reject hike in paper prices by local mills

KARACHI: Paper merchants have rejected enormous increase in the paper prices by the local paper mills and urged the...

Published 22 Jun, 2022 07:22am

Cellular mobile operators for reducing customs duty on fibre-optic cable, taxes

Say situation would result in the closure of mobile phone service for hours and ATM services might also face disruption

Updated 18 Jun, 2022 12:25pm

Business & Finance

Post-budget press conference: Fiscal tightening on the cards

Miftah Ismail says energy sector’s woes have deepened due to mismanagement, unbearably high transmission and distribution losses
PM Shehbaz Sharif talked to the Indonesian President about palm oil
IMF not happy with the government measure to increase income tax exemption for salaried class

Updated 11 Jun, 2022 05:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 10	278.57
USD PKR Interbank Buying / Jun 10	278.37
USD to Japanese Yen / Jun 10	157.01
USD to Swiss Franc / Jun 10	0.90
Pound Sterling to USD / Jun 10	1.27
Euro to USD / Jun 10	1.08

Stock	Volume
S&P 500 / Jun 10	5360.79
India Sensex / Jun 10	76490.08
Tokyo Nikkei / Jun 10	38038.16
Nasdaq / Jun 10	17193.59
Hang Seng / Jun 10	18366.95
FTSE 100 / Jun 10	8228.48
Dow Jones / Jun 10	38868.04
Germany DAX 30 / Jun 10	18494.89

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	19935
Petrol/Litre / Jun 10	268.36
Crude Oil USD/Barrel / Jun 10	77.74
Gold 10 Grams PKR / Jun 10	205247
Gold Spot USD/Ounce / Jun 10	2327
Diesel/Litre / Jun 10	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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