Trends - Taxes - Business Recorder

Taxes

FBR finalises draft Tax Law (First Amendment) Ord

ISLAMABAD: The Tax Law (First Amendment) Ordinance 2024 has proposed that the appeals filed before the Appellate...

Updated 08 Apr, 2024 08:38am

Editorials

The quest for FDI

EDITORIAL: World Bank report titled “South Asia Development Update Jobs for Resilience” highlights the existing...

Published 08 Apr, 2024 04:46am

Pakistan

CRD urges FM to take action against cigarette makers violating laws

ISLAMABAD: The Centre for Research and Dialogue (CRD) has asked the Finance Minister Muhammad Aurangzeb for taking...

Published 06 Apr, 2024 05:28am

Business & Finance

Finance Bill 2024: major changes likely in IR Statutes

ISLAMABAD: The Finance Bill 2024 will issue major changes in Inland Revenue Statutes for Harmonization and...

Updated 06 Apr, 2024 08:47am

FBR approaches AGP for early fixation of cases

ISLAMABAD: The Federal Board of Revenue (FBR) has approached Attorney General for Pakistan for early fixation of...

Updated 05 Apr, 2024 09:25am

Excellence Award: FBR announces privileges, concessions for top taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) has announced privileges/concessions for the top taxpayers, who...

Updated 05 Apr, 2024 09:57am

Business & Finance

FTO takes notice of illegal recovery by FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken notice of an illegal tax recovery by the Federal Board of...

Published 05 Apr, 2024 04:50am

Business & Finance

Cigarettes: Aurat Foundation proposes 26pc hike in FED

ISLAMABAD: Aurat Foundation Thursday proposed the budget makers to raise Federal Excise Duty (FED) on cigarettes by...

Published 05 Apr, 2024 04:50am

Pakistan

PRA breaks its own collection record in March

LAHORE: The Punjab Revenue Authority (PRA) has achieved a significant milestone in revenue collection during the...

Published 04 Apr, 2024 04:56am

Business & Finance

Revenue officers object to issuance of inspection letters by FTO

LAHORE: Revenue officers have objected to the office of the Federal Tax Ombudsman's issuance of inspection letters...

Published 04 Apr, 2024 04:56am

World Bank identifies hurdles to foreign investment

Says inflation is expected to remain high

Updated 03 Apr, 2024 09:54am

MTL barred from selling tractors to any third party

ISLAMABAD: The Chief Justice of Sindh High Court (SHC) has stopped a leading tractor manufacturer from selling 954...

Updated 03 Apr, 2024 09:47am

Business & Finance

Urgent action stressed to stabilise economy

ISLAMABAD: The Pakistan Institute of Development Economics (PIDE) has stressed the need for urgent action to...

Published 03 Apr, 2024 05:29am

Business & Finance

Prior to March 21st: FBR issues all refund claims of exporters

ISLAMABAD: The Federal Board of Revenue (FBR) has issued all sales tax refund claims of exporters which were created...

Updated 02 Apr, 2024 09:40am

FBR activates Tajir Dost App

ISLAMABAD: The Federal Board of Revenue (FBR) has activated the new Tajir Dost module of the Tax Asaan App, which...

Updated 01 Apr, 2024 08:48am

World

India’s Congress bemoans ‘tax terrorism’ after second tax notice

MUMBAI: India’s main opposition party said on Friday it had been asked to pay an additional 18.2 billion rupees...

Published 30 Mar, 2024 04:58am

Editorials

Listen to plastic bag manufacturers

EDITORIAL: Finance Minister Muhammad Aurangzeb would do well to listen to the Polypropylene Woven Sack Manufacturers...

Published 30 Mar, 2024 04:58am

Spectrum of illegal activities: PM, COAS, CMs take stock of situation

PM Shehbaz Sharif says electricity theft is around Rs400-500 billion per annum

Updated 30 Mar, 2024 08:26pm

Export Facilitation Scheme 2021: FBR imposes certain conditions on new exporters

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed certain conditions on new exporters for acquisition of...

Updated 30 Mar, 2024 02:21pm

March collection target too missed by FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has consecutively missed monthly tax collection targets during last...

Updated 30 Mar, 2024 09:43am

Business & Finance

Field formations to remain open on 30th & 31st

ISLAMABAD: The Federal Board of Revenue (FBR) has directed field formations to remain open on Saturday (March 30) ...

Published 28 Mar, 2024 06:30am

Business & Finance

LCCI says has reservations over FBR’s ‘Tajir Dost’ plan

LAHORE: President Lahore Chamber of Commerce and Industry Kashif Anwar has said that business friendly taxation...

Published 28 Mar, 2024 06:25am

‘The Federation, in light of Entry 50, cannot tax the capital value of immovable property at all’

ISLAMABAD: Advocate Raashid Anwer argued that the federation, in light of Entry 50, could not tax the capital value...

Updated 28 Mar, 2024 09:38am

Opinion

Technical Release 4/2024: e-integration--Point of Sale (POS) system

Introduction, The Federal Board of Revenue through SRO 428(I)/2024 dated March 22, 2024 has undertaken one of the...

Published 27 Mar, 2024 04:38am

PM gives away excellence awards: Award-winning taxpayers to get ‘blue passport’, ‘honour card’

ISLAMABAD: Prime Minister Shehbaz Sharif has announced to give blue passports and honour cards to the award-winning...

Updated 27 Mar, 2024 08:47am

Business & Finance

Siddiqsons Group chairman receives 4th ‘highest taxpayer award’

KARACHI: Prime Minister Shehbaz Sharif presented awards to 65 leading exporters and compliant taxpayers in a ...

Published 27 Mar, 2024 04:38am

Business & Finance

PTC honoured as one of highest tax paying companies in country

ISLAMABAD: Pakistan Tobacco Company Limited (PTC) has been honored by the Government of Pakistan for its exemplary...

Published 27 Mar, 2024 04:38am

Consumption of cigarettes declines after rise in taxes

Pakistan

All Pakistan Anjuman Tajran strongly supports registration of traders’ community without increase in burden or incidence of taxes on shopkeepers

Updated 25 Mar, 2024 01:38pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 21	278.50
USD PKR Interbank Buying / May 21	278.30
USD to Japanese Yen / May 21	156.23
USD to Swiss Franc / May 21	0.91
Pound Sterling to USD / May 21	1.27
Euro to USD / May 21	1.09

Stock	Volume
S&P 500 / May 21	5321.41
India Sensex / May 21	73953.31
Tokyo Nikkei / May 21	38671.97
Nasdaq / May 21	16832.63
Hang Seng / May 21	19674.69
FTSE 100 / May 21	8416.45
Dow Jones / May 21	39872.99
Germany DAX 30 / May 21	18726.76

Item	Value
Crude Oil USD/Barrel / May 21	79.26
Karachi Cotton PKR/37.32 KG / May 21	19935
Gold 10 Grams PKR / May 21	213048
Gold Spot USD/Ounce / May 21	2423.23
Cotton US¢/pound / May 21	77.37
Petrol/Litre / May 22	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 22 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 22 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 22 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 22 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 22 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 22 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 22 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 22 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 22 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 22 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 22 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 22 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 22 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 22 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 22 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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