News stories for Tahir Amin - Business Recorder

Tahir Amin

Business & Finance

NA panel approves bringing over Rs10m pension into tax net

ISLAMABAD: National Assembly Standing Committee on Finance and Revenue Friday granted approval for bringing over Rs...

Published 21 Jun, 2025 06:55am

Budget 2025-26

Import of up to 5-year-old used vehicles allowed with 40% extra tariff

ISLAMABAD: The government has allowed import of up to five-year-old/used vehicles imported in commercial quantities...

Updated 21 Jun, 2025 09:00am

PD tells NA body Rs2.50/litre carbon levy to apply from July 1

Petroleum levy stands at Rs77/litre on high-speed diesel and Rs78.02/litre on petrol

Updated 20 Jun, 2025 03:48pm

Budget 2025-26

Petroleum products: Senate body rejects Rs2.50/litre carbon levy

ISLAMABAD: The Senate Standing Committee on Finance and Revenue with majority vote rejected the carbon levy of Rs2.5...

Updated 20 Jun, 2025 03:48pm

Budget 2025-26

PALSP for linking tariff cuts to power rates

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) Wednesday urged upon the Senate Standing Committee...

Published 19 Jun, 2025 07:18am

MoF signs 1bn loan facility backed by ADB guarantee

ISLAMABAD: The Ministry of Finance has signed a syndicated term finance facility of $1 billion partially guaranteed...

Updated 19 Jun, 2025 09:24am

Business & Finance

Tariff rationalisation: Rs500bn revenue loss estimated

ISLAMABAD: The government has estimated revenue loss of around Rs500 billion on account of tariff rationalisation...

Published 19 Jun, 2025 05:53am

Business & Finance

FBR proposes tax on online academies, recreational clubs

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to impose tax on the income of online academies and...

Published 19 Jun, 2025 05:53am

Markets

NA panel rejects 18pc GST on solar panels

ISLAMABAD: The National Assembly Standing Committees on Finance and Revenue, unanimously, rejected the proposal of...

Published 18 Jun, 2025 06:10am

Pakistan

Monitoring industrial production: NA panel rejects FBR’s budget proposal

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue on Monday rejected a budget proposal of...

Published 17 Jun, 2025 03:11am

Pakistan

Senate panel clears new clause: Oversight Board to conduct audit firms’ inspection

ISLAMABAD: The Senate Standing Committee of Finance on Monday approved a new clause for inspection of audit firms...

Published 17 Jun, 2025 03:11am

Tax fraudsters: Punishments will be reassessed: Aurangzeb

Says the government will review the punishments including penalty, arrest and imprisonment

Updated 17 Jun, 2025 09:45am

Enterprises in SEZs, STZs: NA panel recommends capping tax exemptions

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue on Monday recommended a budget proposal...

Updated 17 Jun, 2025 09:41am

No increase in PDL: Consumers to bear brunt of global oil price hike

ISLAMABAD: The government will not increase the petroleum development levy (PDL), but pass on the impact of increase...

Updated 17 Jun, 2025 09:40am

Budget 2025-26

Senate body backs zero ST on stationery, okays tax on e-commerce

ISLAMABAD: The Senate Standing Committee on Finance and Revenue recommended to reduce the sales tax on stationery...

Updated 16 Jun, 2025 09:00am

Budget 2025-26

Arrest for tax fraud: Senate panel for defining a threshold

ISLAMABAD: The Senate Standing Committee on Finance and Revenue on Sunday rejected a controversial proposal by the...

Updated 16 Jun, 2025 09:27am

Only SRB submits Finance Bill feedback to Senate panel

Budget 2025-26

The proposed Directorate would have the powers to exercise under the AML Act

Updated 15 Jun, 2025 08:52pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	146.09
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
India Sensex / Jun 20	82,408.17
Tokyo Nikkei / Jun 20	38,403.23
Nasdaq / Jun 20	19,447.41
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,774.65
Dow Jones / Jun 20	42,206.82
Germany DAX 30 / Jun 20	23,350.55
France CAC40 / Jun 20	7,589.66

Item	Value
Crude Oil USD/Barrel / Jun 20	74.93
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Gold Spot USD/Ounce / Jun 20	3,368.39
Cotton US¢/pound / Jun 20	66.70
Petrol/Litre / Jun 21	258.43
Diesel/Litre / Jun 21	262.59

Gainers
Losers
Leaders

Stock	Price
The Thal Ind.Corp. / Jun 20 The Thal Industries Corporation Limited(TICL)	356 ▲ 40.99 (13.01%)
Faisal Sp. / Jun 20 Faisal Spinning Mills Limited(FASM)	313.91 ▲ 33.82 (12.07%)
First Elite Cap.Mod / Jun 20 First Elite Capital Modaraba(FECM)	33.53 ▲ 3.42 (11.36%)
Burj Clean Energy Modaraba / Jun 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.90 ▲ 1 (11.24%)
Crescent Fib. / Jun 20 Crescent Fibres Limited(CFL)	50.25 ▲ 5 (11.05%)
Hala Enterprise / Jun 20 Hala Enterprises Limited(HAEL)	25.43 ▲ 2.33 (10.09%)
Shams Textile / Jun 20 Shams Textile Mills Limited(STML)	31.52 ▲ 2.87 (10.02%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Macter Int. Ltd / Jun 20 Macter International Limited(MACTER)	621.82 ▲ 56.53 (10%)

Stock	Price
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.92 ▼ -2.14 (-14.21%)
Sindh Abadgar / Jun 20 Sindh Abadgar's Sugar Mills Limited(SASML)	61.07 ▼ -7.82 (-11.35%)
Nets Internat.Comm. / Jun 20 Nets International Communication Limited(GEMNETS)	41 ▼ -4.9 (-10.68%)
Shadman Cotton / Jun 20 Shadman Cotton Mills Limited(SHCM)	50.28 ▼ -5.59 (-10.01%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.83 ▼ -1239.27 (-10%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	173.06 ▼ -19.23 (-10%)
Sardar Chemical / Jun 20 Sardar Chemical Industries Limited(SARC)	56.21 ▼ -6.24 (-9.99%)
Int. Knit. / Jun 20 International Knitwear Limited(INKL)	20.18 ▼ -2.23 (-9.95%)
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	2.49 ▼ -0.27 (-9.78%)
Calcorp Ltd / Jun 20 Calcorp Limited(CASH)	40.61 ▼ -4.39 (-9.76%)

Stock	Volume
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	42,791,268 ▼ -0.04
TRG Pak Ltd / Jun 20 TRG Pakistan Limited(TRG)	26,664,589 ▼ -4.92
Pervez Ahmed Consultancy / Jun 20 Pervez Ahmed Consultancy Services Ltd.(PASL)	25,526,681 ▼ -0.26
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	24,497,580 ▲ 0.29
K-Electric Ltd. / Jun 20 K-Electric Limited(KEL)	14,445,689 ▲ 0.08
Sui South Gas / Jun 20 Sui Southern Gas Company Limited(SSGC)	13,554,568 ▼ -0.06
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	9,805,036 ▼ -0.27
Dewan Cement / Jun 20 Dewan Cement Limited(DCL)	9,257,161 ▼ -0.86
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	8,867,595 ▼ -0.26
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	8,518,206 ▲ 0.01

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