News stories for Dr Ikramul Haq

Dr Ikramul Haq

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

Debt, discipline & rentier state

Pakistan’s economic debate with the release of Economic Survey 2025-26 and federal budget for 2026-27 has again been...

Published 15 Jun, 2026 02:32am

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

Perspectives

Super tax and collapse of constitutional limits

The Federal Constitutional Court’s long-awaited detailed judgment released on April 29, 2026 (short order was...

Published 30 Apr, 2026 05:56pm

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

FBR: taxing views, not incomes!

“When tax policy begins to target hypothetical income, it stops being taxation and starts becoming confiscation”....

Updated 04 Apr, 2026 08:24am

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

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 4	277.96
USD PKR Interbank Buying / Aug 4	277.76
USD to Japanese Yen / Aug 4	157.69
USD to Swiss Franc / Aug 4	0.81
Pound Sterling to USD / Aug 4	1.34
Euro to USD / Aug 4	1.15
SOFR % / Aug 4	3.66

Stock	Volume
S&P 500 / Aug 3	7,600.50
Nasdaq / Aug 3	25,913.90
Dow Jones / Aug 3	53,178.41
India Sensex / Aug 4	78,658.43
Tokyo Nikkei / Aug 4	63,762.03
Hang Seng / Aug 4	25,826.60
FTSE 100 / Aug 4	10,898.07
Germany DAX 30 / Aug 4	26,252.88
France CAC40 / Aug 4	8,643.35

Item	Value
Crude Oil USD/Barrel / Aug 4	81.16
Karachi Cotton PKR/37.32 KG / Aug 4	18,780
Gold 10 Grams PKR / Aug 4	366,886
Gold Spot USD/Ounce / Aug 4	4,060.14
Cotton US¢/pound / Aug 4	82.01
Petrol/Litre / Aug 5	328.56
Diesel/Litre / Aug 5	385.86

Gainers
Losers
Leaders

Stock	Price
Kohinoor Mills / Aug 4 Kohinoor Mills Limited(KML)	10.31 ▲ 1 (10.74%)
First Elite Cap.Mod / Aug 4 First Elite Capital Modaraba(FECM)	21.87 ▲ 1.99 (10.01%)
Trust Mod. / Aug 4 Trust Modaraba(TRSM)	23.95 ▲ 2.18 (10.01%)
Tri-Star Power / Aug 4 Tri-Star Power Limited(TSPL)	16.82 ▲ 1.53 (10.01%)
786 Invest Ltd / Aug 4 786 Investments Limited(786)	25.97 ▲ 2.36 (10%)
Asim Textile / Aug 4 Asim Textile Mills Limited(ASTM)	46.44 ▲ 4.22 (10%)
Cresent Jute / Aug 4 Crescent Jute Products Limited(CJPL)	26.29 ▲ 2.39 (10%)
East West Ins. / Aug 4 East West Insurance Company Limited(EWIC)	55.02 ▲ 5 (10%)
Shadman Cotton / Aug 4 Shadman Cotton Mills Limited(SHCM)	55 ▲ 5 (10%)
Masood Textile / Aug 4 Masood Textile Mills Limited(MSOT)	153.67 ▲ 13.97 (10%)

Stock	Price
Dadabhoy Cement / Aug 4 Dadabhoy Cement Industries Limited(DBCI)	16.52 ▼ -1.84 (-10.02%)
Aisha Steel(ConPS) / Aug 4 Aisha Steel(ConPS)(ASLPS)	31.55 ▼ -3.51 (-10.01%)
Olympia Mills / Aug 4 Olympia Mills Limited(OML)	120.32 ▼ -13.37 (-10%)
Shahtaj Sugar / Aug 4 Shahtaj Sugar Mills Limited(SHJS)	189.86 ▼ -21.09 (-10%)
Mehmood Tex / Aug 4 Mehmood Textile Mills Limited(MEHT)	169.98 ▼ -18.89 (-10%)
TPL Insurance / Aug 4 TPL Insurance Limited(TPLI)	64.81 ▼ -6.71 (-9.38%)
Asia Ins. / Aug 4 Asia Insurance Company Limited(ASIC)	40.94 ▼ -3.79 (-8.47%)
Tariq Corporation / Aug 4 Tariq Corporation Limited(TCORP)	21.30 ▼ -1.93 (-8.31%)
JS Investments / Aug 4 JS Investments Limited(JSIL)	43.07 ▼ -3.63 (-7.77%)
First Imrooz Mod. / Aug 4 First Imrooz Modaraba(FIMM)	185.36 ▼ -14.64 (-7.32%)

Stock	Volume
Pak Int.Bulk / Aug 4 Pakistan International Bulk Terminal(PIBTL)	89,708,629 ▼ -0.34
Trust Sec.& Brok. / Aug 4 Trust Securities & Brokerage Limited(TSBL)	86,054,121 ▲ 0.08
TPL Properties / Aug 4 TPL Properties Limited(TPLP)	67,239,170 ▲ 0.23
Sui South Gas / Aug 4 Sui Southern Gas Company Limited(SSGC)	34,618,297 ▲ 0.81
Cnergyico PK / Aug 4 Cnergyico PK Limited(CNERGY)	26,068,716 ▼ -0.09
Wasl Mobility Mod. / Aug 4 Wasl Mobility Modaraba(WASL)	25,984,861 ▼ -0.36
Pak Refinery / Aug 4 Pakistan Refinery Limited(PRL)	17,848,982 ▼ -0.72
Hascol Petrol / Aug 4 Hascol Petroleum Limited(HASCOL)	17,709,924 ▲ 0.35
Aisha Steel Mill / Aug 4 Aisha Steel Mills Limited(ASL)	17,663,056 ▲ 0.02
TPL REIT Fund I / Aug 4 TPL REIT Fund I(TPLRF1)	16,449,687 ▼ -0.34

Most Popular