News stories for Huzaima Bukhari

Huzaima Bukhari

Opinion

Corporate tax reforms, no cosmetic concessions

Pakistan needs lower, predictable taxes on productive enterprise. But a concession presented as reform must be...

Updated 06 Nov, 2026 06:56am

Opinion

Leaks without reckoning

Pakistan has spent an entire decade turning revelations of offshore wealth into political theatre. Names emerge,...

Published 30 Oct, 2026 06:38am

Opinion

FBR and the same old cure!

Pakistan’s tax reform tragedy is captured in Mir Taqi Mir’s unforgettable couplet: “Mir kya saada hain, beemaar hue...

Updated 23 Oct, 2026 06:39am

Opinion

Extraction & POL price fixing

Bottom line first, Pakistan’s current petroleum pricing mechanism is no longer an energy policy instrument; it is a...

Updated 16 Oct, 2026 10:11pm

Opinion

Financing the state, starving growth

Three recent interventions have opened one of Pakistan’s most important economic debates. Shahid Kardar argues that...

Updated 09 Oct, 2026 07:02am

Opinion

Constitution & IMF’s benchmarks

The federal finance secretary has told a parliamentary committee that the International Monetary Fund (IMF) wants...

Published 02 Oct, 2026 05:28am

Opinion

FBR: Reforms at what cost?

Pakistan’s tax administration is again being offered a foreign-financed technological cure. The Central Development...

Updated 25 Sep, 2026 06:31am

Opinion

The price of incomplete devolution

The federal expenditure of defence plus ministries is Rs 3.3 billion plus Rs. 3 trillion (subsidies, PSDP &...

Published 18 Sep, 2026 05:15am

Opinion

GST harmonisation

Pakistan needs one seamless consumption-tax system without sacrificing provincial ownership The World Bank’s ‘2026...

Updated 11 Sep, 2026 08:05am

Opinion

Revisiting land reforms

A report from the then Dacca, published 75 years ago, unsettles a convenient assumption about Pakistan’s agrarian...

Published 04 Sep, 2026 05:29am

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

FCC order and extraterritorial taxation

A two-page unreported order of the Federal Constitutional Court (FCC) of Pakistan in the Mirpurkhas Sugar Mills...

Published 21 Aug, 2026 05:34am

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

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

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 12	276.81 ▼ -0.01
USD PKR Interbank Buying / Nov 12	276.61 ▼ -0.01
USD to Japanese Yen / Nov 12	159.82 ▲ 0.14
USD to Swiss Franc / Nov 12	0.83 ▲ 0.0003
Pound Sterling to USD / Nov 12	1.33 ▼ -0.0019
Euro to USD / Nov 12	1.11 ▼ -0.0017
SOFR % / Nov 10	3.89 ▲ 0.01

Stock	Volume
India Sensex / Nov 12	81,896.37
Tokyo Nikkei / Nov 12	60,792.29
Hang Seng / Nov 12	24,032.15
FTSE 100 / Nov 12	10,860.32
Germany DAX 30 / Nov 12	26,973.67
France CAC40 / Nov 12	8,387.88
S&P 500 / Nov 11	7,619.38
Nasdaq / Nov 11	25,466.19
Dow Jones / Nov 11	52,486.49

Item	Value
Petrol/Litre / Nov 13	335
Diesel/Litre / Nov 13	364
Crude Oil USD/Barrel / Nov 12	86.29
Karachi Cotton PKR/37.32 KG / Nov 12	18,080
Gold 10 Grams PKR / Nov 12	357,112
Gold Spot USD/Ounce / Nov 12	3,978
Cotton US¢/pound / Nov 12	82.48

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Nov 12 Azgard Nine (Non-Voti)(ANLNV)	8.55 ▲ 0.86 (11.18%)
Security Investment Bank / Nov 12 Security Investment Bank Limited(SIBL)	10.53 ▲ 1 (10.49%)
Pervez Ahmed Consultancy / Nov 12 Pervez Ahmed Consultancy Services Ltd.(PASL)	10.96 ▲ 1 (10.04%)
Crescent Fib. / Nov 12 Crescent Fibres Limited(CFL)	76.84 ▲ 6.99 (10.01%)
Prosperity Weav / Nov 12 Prosperity Weaving Mills Limited(PRWM)	61.02 ▲ 5.55 (10.01%)
Ansari Sug. / Nov 12 Ansari Sugar Mills Limited(ANSM)	26.62 ▲ 2.42 (10%)
ARM Green Industries / Nov 12 ARM Green Industries Limited(ARMG)	99.24 ▲ 9.02 (10%)
Arpak Int. / Nov 12 Arpak International Investments Ltd.(ARPAK)	138.71 ▲ 12.61 (10%)
Asim Textile / Nov 12 Asim Textile Mills Limited(ASTM)	67.07 ▲ 6.1 (10%)
Baba Farid Sugar / Nov 12 Baba Farid Sugar Mills Limited(BAFS)	604.11 ▲ 54.92 (10%)

Stock	Price
Premier Insurance (R) / Nov 12 Premier Insurance Limited (RIGHT)(PINLR)	0.26 ▼ -0.2 (-43.48%)
Chenab Ltd (Pref) / Nov 12 Chenab Limited (Pref)(CLCPS)	3.76 ▼ -0.6 (-13.76%)
Hira Textile / Nov 12 Hira Textile Mills Limited(HIRAT)	4.25 ▼ -0.5 (-10.53%)
Unicap Modaraba / Nov 12 Unicap Modaraba(UCAPM)	20.76 ▼ -2.31 (-10.01%)
J.A.Textile / Nov 12 J.A. Textile Mills Limited(JATM)	77.98 ▼ -8.66 (-10%)
J.K.Spinning / Nov 12 J.K. Spinning Mills Limited(JKSM)	372.26 ▼ -41.36 (-10%)
Popular Islamic / Nov 12 Popular Islamic Modaraba(PIM)	152.93 ▼ -16.99 (-10%)
First AL-Noor Mod. / Nov 12 First Al-Noor Modaraba(FANM)	14 ▼ -1.55 (-9.97%)
Fateh Sports / Nov 12 Fateh Sports Wear Limited(FSWL)	210.18 ▼ -23.09 (-9.9%)
Shadman Cotton / Nov 12 Shadman Cotton Mills Limited(SHCM)	76.60 ▼ -8.09 (-9.55%)

Stock	Volume
WorldCall Telecom / Nov 12 Worldcall Telecom Limited(WTL)	190,622,572 ▲ 0.03
Tasdeeq Info. Serv. / Nov 12 Tasdeeq Information Services Limited(TISL)	147,355,708 ▼ -0.31
F. Nat.Equities / Nov 12 First National Equities Limited(FNEL)	55,342,344 ▲ 0.03
K-Electric Ltd. / Nov 12 K-Electric Limited(KEL)	35,381,209 ▲ 0.1
LSE Financial Serv. / Nov 12 LSE Financial Services Limited(LSEFSL)	34,091,021 ▲ 0.08
Trust Sec.& Brok. / Nov 12 Trust Securities & Brokerage Limited(TSBL)	30,204,209 ▲ 0.04
Hascol Petrol / Nov 12 Hascol Petroleum Limited(HASCOL)	22,959,535 ▲ 0.24
Pak Elektron / Nov 12 Pak Elektron Limited(PAEL)	21,421,963 ▲ 0.36
B.O.Punjab / Nov 12 The Bank of Punjab(BOP)	20,558,575 ▼ -0.39
Ningbo Green Light / Nov 12 Ningbo Green Light Energy Limited(NGLEL)	19,339,405 ▼ -0.29

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