News stories for Abdul Rauf Shakoori

Abdul Rauf Shakoori

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

Opinion

War with no end-game?

The 15-point plan was delivered via Pakistan, whose army chief has emerged as the key interlocutor between the...

Published 27 Mar, 2026 06:40am

Opinion

Corporate taxes & NFC formula

Pakistan’s debate on fiscal federalism has long been framed around one central question: how should the divisible...

Published 20 Mar, 2026 06:15am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 7	277.91
USD PKR Interbank Buying / Aug 7	277.71
USD to Japanese Yen / Aug 7	157.76
USD to Swiss Franc / Aug 7	0.81
Pound Sterling to USD / Aug 7	1.35
Euro to USD / Aug 7	1.16
SOFR % / Aug 7	3.65

Stock	Volume
S&P 500 / Aug 7	7,757.64
India Sensex / Aug 7	78,499.17
Tokyo Nikkei / Aug 7	65,606.71
Nasdaq / Aug 7	26,690.62
Hang Seng / Aug 7	25,668.03
FTSE 100 / Aug 7	10,901.09
Dow Jones / Aug 7	54,036.93
Germany DAX 30 / Aug 7	26,319.45
France CAC40 / Aug 7	8,714.93

Item	Value
Crude Oil USD/Barrel / Aug 7	78.18
Karachi Cotton PKR/37.32 KG / Aug 7	18,580
Gold 10 Grams PKR / Aug 7	389,519
Gold Spot USD/Ounce / Aug 7	4,341.56
Cotton US¢/pound / Aug 7	84.40
Petrol/Litre / Aug 9	327.62
Diesel/Litre / Aug 9	380.86

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	13.84 ▲ 1.26 (10.02%)
Secure Logistics-Trax Group / Aug 7 Secure Logistics-Trax Group Limited(SLGL)	17.68 ▲ 1.61 (10.02%)
First Tri-Star Mod. / Aug 7 First Tri-Star Modaraba(FTSM)	46.39 ▲ 4.22 (10.01%)
Asim Textile / Aug 7 Asim Textile Mills Limited(ASTM)	61.81 ▲ 5.62 (10%)
Buxly Paints / Aug 7 Buxly Paints Limited(BUXL)	229.52 ▲ 20.87 (10%)
Frieslandcampina / Aug 7 Frieslandcampina Engro Pakistan Limited(FCEPL)	121.30 ▲ 11.03 (10%)
Faisal Sp. / Aug 7 Faisal Spinning Mills Limited(FASM)	358.06 ▲ 32.55 (10%)
Aisha Steel (CPS) / Aug 7 Aisha Steel Mills Limited (CPS)(ASLCPS)	78.43 ▲ 7.13 (10%)
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	6.80 ▲ 0.59 (9.5%)
Imperial Limited / Aug 7 Imperial Limited(IML)	23.48 ▲ 1.98 (9.21%)

Stock	Price
Fateh Sports / Aug 7 Fateh Sports Wear Limited(FSWL)	159.49 ▼ -16.5 (-9.38%)
Trust Mod. / Aug 7 Trust Modaraba(TRSM)	18.57 ▼ -1.68 (-8.3%)
Asia Ins. / Aug 7 Asia Insurance Company Limited(ASIC)	42.43 ▼ -3.56 (-7.74%)
Shams Textile / Aug 7 Shams Textile Mills Limited(STML)	52.52 ▼ -4.29 (-7.55%)
Dar-es-Salaam / Aug 7 Dar-es-Salaam Textile Mills Limited(DSML)	22.17 ▼ -1.69 (-7.08%)
J.A.Textile / Aug 7 J.A. Textile Mills Limited(JATM)	52.77 ▼ -3.97 (-7%)
Tri-Star Power / Aug 7 Tri-Star Power Limited(TSPL)	17.35 ▼ -1.25 (-6.72%)
Gadoon Textile / Aug 7 Gadoon Textile Mills Limited(GADT)	341.05 ▼ -21.04 (-5.81%)
AKD Hospitality / Aug 7 AKD Hospitality Limited(AKDHL)	150.79 ▼ -9.21 (-5.76%)
Dadabhoy Cement / Aug 7 Dadabhoy Cement Industries Limited(DBCI)	14.47 ▼ -0.88 (-5.73%)

Stock	Volume
Cnergyico PK / Aug 7 Cnergyico PK Limited(CNERGY)	161,177,862 ▲ 0.69
B.O.Punjab / Aug 7 The Bank of Punjab(BOP)	52,334,090 ▲ 0.46
Wasl Mobility Mod. / Aug 7 Wasl Mobility Modaraba(WASL)	24,216,535 ▲ 0.59
Pace (Pak) Ltd. / Aug 7 Pace (Pakistan) Limited(PACE)	20,061,794 ▲ 0.32
Nishat Chun.Pow. / Aug 7 Nishat Chunian Power Limited(NCPL)	18,254,792 ▲ 0.7
Nishat Power / Aug 7 Nishat Power Limited(NPL)	15,207,765 ▼ -0.2
Unity Foods Ltd / Aug 7 Unity Foods Limited(UNITY)	15,156,912 ▼ -0.39
Hascol Petrol / Aug 7 Hascol Petroleum Limited(HASCOL)	13,781,842 ▲ 0.35
D.S. Ind. Ltd. / Aug 7 D.S. Industries Limited(DSIL)	12,582,914 ▲ 1.26
Maple Leaf Cement / Aug 7 Maple Leaf Cement Factory Limited(MLCF)	12,492,335 ▼ -1.02

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