News stories for Abdul Rauf Shakoori

Abdul Rauf Shakoori

Opinion

FBR’s 5.2pc direct-tax illusion

Celebrations at Federal Board of Revenue (FBR) headquarters on July 1, 2026 were unusually theatrical. Finance...

Published 28 Aug, 2026 06:29am

Opinion

Independence without fiscal sovereignty

Today (August 14, 2026), Pakistan completes 79 years as an independent state. Political sovereignty passed from...

Published 14 Aug, 2026 05:48am

Opinion

Beyond tax-to-GDP ratio

Every pre and post budget debate in Pakistan presents a familiar headline: the country’s tax-to-GDP ratio remains...

Published 07 Aug, 2026 05:15am

Opinion

Punjab’s digital tax ‘illusion’

Punjab’s latest experiment with restaurant and other vendors’ service taxation, receiving payment through digital...

Published 31 Jul, 2026 05:44am

Opinion

‘Peacemaking’ with shopkeepers

Pakistan’s fiscal crisis has persisted for decades; however, every successive government has attempted to resolve it...

Published 24 Jul, 2026 05:06am

Opinion

Beyond Rs 13 trillion tax collection!

Every year, immediately after the close of the fiscal year, the nation is presented with a familiar narrative. The...

Published 17 Jul, 2026 05:46am

Opinion

Debt accumulation & failed fiscal model

The latest debt bulletin of the State Bank of Pakistan (SBP) confirms what many economists have feared for years. By...

Published 10 Jul, 2026 05:43am

Opinion

Every Finance Act tells two stories

That every Finance Act tells two stories is a fact. One is written in statutory language through new sections,...

Published 03 Jul, 2026 05:13am

Opinion

Deadly tentacles of narcoterrorism

June 26, 2026 marks the International Day against drug abuse and illicit trafficking. The worldwide observance,...

Updated 26 Jun, 2026 06:25am

Opinion

Finance Bill 2026: Extraction cannot deliver!

Every Finance Bill is presented as an instrument of reform! Governments speak of documentation, broadening the tax...

Published 19 Jun, 2026 05:50am

Opinion

Myth of untaxed traders

On the eve of the federal budget 2026-27, the government has announced ‘Fixed Tax Assan Scheme’ [no details yet...

Published 12 Jun, 2026 06:08am

Opinion

Overcoming fiscal deficit

On June 10, 2026, the federal government will unveil budget for fiscal year (FY) 2026-27 amidst familiar warnings...

Published 05 Jun, 2026 05:48am

Opinion

Budget FY27: out of the box solutions

The impact of any potential revenue-reducing tax simplification policies introduced in the FY27 budget ahead of the...

Published 22 May, 2026 06:05am

Opinion

Budget 2026–27 & fiscal justice

Pakistan’s budget-making season has once again begun with familiar rituals: consultations with International...

Published 15 May, 2026 06:03am

Opinion

Unlawful capital assets taxation

A composite reading of the Constitution and the Income Tax Ordinance, 2001 leads to an inescapable conclusion. Where...

Published 08 May, 2026 06:08am

Opinion

Debt, power & illusion of wealth

The modern global economy presents a paradox that few policymakers are willing to confront. The world today is...

Published 01 May, 2026 05:18am

Opinion

Tax cases backlog

Pakistan’s tax litigation crisis is routinely described as a function of capacity constraints—too many cases, too...

Published 24 Apr, 2026 06:50am

Opinion

Deepening super tax controversy

The power to tax involves the power to destroy—McCulloch v. Maryland, 17 U.S. (4 Wheat.) 316 (1819) The...

Published 17 Apr, 2026 06:16am

Opinion

FBR’s disastrous ‘withholdingisation’

The growing reliance of Federal Board of Revenue (FBR) on withholding-based minimum tax regime (MTR), introduced...

Published 10 Apr, 2026 05:52am

Opinion

The essentials of crypto taxation

The global financial system is undergoing a structural transformation driven by the rapid rise of crypto assets,...

Published 03 Apr, 2026 06:08am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Petrol/Litre / Sep 30	387.54
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Diesel/Litre / Sep 30	402.24
Cotton US¢/pound / Sep 30	79.18

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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