News stories for Huzaima Bukhari

Huzaima Bukhari

Markets

FBR's Tax Directory 2018 Analysis - I: Startling facts & fallacies

Reference two-part series (FBR's statistics: a critical analysis-I, Business Recorder, September 25, 2020 and FBR's...

Updated 02 Oct, 2020 03:25am

Opinion

FBR's statistics: a critical analysis - II

The same position prevailed for tax year 2017. Out of total registered companies, only 42% (37,130) filed returns! ...

Updated 27 Sep, 2020 02:57am

Markets

FBR's statistics: a critical analysis - I

On September 18, 2020, Federal Board of Revenue (FBR) released 'Parliamentarians' Tax Directory for Tax Year 2018',...

Published 25 Sep, 2020 02:45am

Opinion

Bewilderment over rational tax policy

There is a national consensus that the existing tax system needs to be completely restructured to provide an...

Published 18 Sep, 2020 02:59am

Opinion

Hidden agenda and 'deal' with Taliban-II

ARTICLE: George W. Bush appointed former aide to the American oil company UNOCAL, Afghan-born Zalmay Khalilzad, as...

Updated 13 Sep, 2020 02:57am

Markets

Hidden agenda and 'deal' with Taliban

ARTICLE: On September 11, 2001, nineteen years ago, humanity at large witnessed one of the most gruesome and heinous...

Published 11 Sep, 2020 02:42am

Opinion

Need to reconsider fiscal management

ARTICLE: Punjab is the most populous [110 million people] province of Pakistan with largest resources and budget ...

Published 04 Sep, 2020 02:57am

Opinion

Harmful taxation of IT/telecom sectors

ARTICLE: The Pakistan telecom sector contributes steady inflow of heavy tax collections under major heads like...

Published 28 Aug, 2020 02:02am

Opinion

Taxation hindering investment

ARTICLE: This survey shows that international and national evidence points out that taxation and growth are...

Published 21 Aug, 2020 03:10am

Opinion

Independence Day considerations

ARTICLE: Today we are celebrating 73rd Independence Day with a hope that the new government, after two years in...

Published 14 Aug, 2020 03:15am

Opinion

FBR's quest for reforms, modernisation

ARTICLE: "We need to lower tax rates for everybody, starting with the top corporate tax rate. We need to simplify ...

Published 07 Aug, 2020 02:45am

Editorials

Allama Iqbal on equitable taxation

EDITORIAL: In this article, we are highlighting the ideas of the great thinker, philosopher and poet, Allama ...

Published 31 Jul, 2020 02:42am

Markets

Malaise of mounting debt

ARTICLE: The central government's debt, excluding its liabilities, increased to Rs 34.48 trillion by the end of May...

Published 24 Jul, 2020 02:59am

Opinion

Unpaid refunds

ARTICLE: "The genius of our ruling class is that it has kept a majority of the people from ever questioning the...

Published 17 Jul, 2020 02:53am

Opinion

Finance Act 2020: Lack of initiatives & innovations - II

ARTICLE: The existing system imposes high taxes but yields low revenues. Only 2000 companies pay 75% of total taxes....

Published 10 Jul, 2020 02:47am

Markets

Finance Act 2020: Lack of initiatives & innovations - I

ARTICLE: The adoption of the Finance Bill 2020 on June 29, 2020 and exceeding the target by the Federal Board of...

Published 03 Jul, 2020 02:59am

Opinion

Analysing 'tax expenditure'

ARTICLE: "We don't do charity in Germany. We pay taxes. Charity is a failure of governments'...

Published 26 Jun, 2020 03:34am

Opinion

Finance Bill 2020: Muzzling right to justice

In the Finance Bill 2020, presented along with federal budget 2020-21, a highly lamentable-rather unconstitutional...

Published 19 Jun, 2020 03:27am

Opinion

Budget 2020-21: Illicit trade in tobacco products - II

ARTICLE: "...19.1 percent of Pakistani population, which includes 31.8 percent of men and 5.8 percent of women,...

Published 12 Jun, 2020 03:07am

Opinion

Budget 2020-21: Illicit trade in tobacco products - I

ARTICLE: This is the first part of a two-part series on how to counter illicit trade in tobacco products, recoup...

Updated 13 Jun, 2020 09:50am

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Dec 7 The Pakistan General Insurance Co. Ltd.(PKGI)	3.72 ▲ 0.63 (20.39%)
PICIC Ins.Ltd. / Dec 7 PICIC Insurance Limited(PIL)	1.14 ▲ 0.11 (10.68%)
Next Capital / Dec 7 Next Capital Limited(NEXT)	10.19 ▲ 0.98 (10.64%)
Pervez Ahmed Co / Dec 7 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.13 ▲ 0.10 (9.71%)
Nazir Cotton Mills / Dec 7 Nazir Cotton Mills Limited(NCML)	5.18 ▲ 0.38 (7.92%)
Kohinoor Energy / Dec 7 Kohinoor Energy Limited(KOHE)	38.50 ▲ 2.09 (5.74%)
Nishat Power / Dec 7 Nishat Power Limited(NPL)	17.50 ▲ 0.43 (2.52%)
Pakgen Power / Dec 7 Pakgen Power Limited(PKGP)	25.00 ▲ 0.49 (2.00%)
Pace (Pak) Ltd. / Dec 7 Pace (Pakistan) Limited(PACE)	4.09 ▲ 0.05 (1.24%)
Nimir Resins / Dec 7 Nimir Resins Limited(NRSL)	18.17 ▲ 0.14 (0.78%)

Stock	Price
Nestle PakistanXD / Dec 7 Nestle Pakistan Limited(NESTLE)	4948.75 ▲ -401.25 (-7.50%)
John&Philips / Dec 7 Johnson & Phillips (Pakistan) Limited(JOPP)	44.00 ▲ -3.50 (-7.37%)
National Refinery / Dec 7 National Refinery Limited(NRL)	234.20 ▲ -13.76 (-5.55%)
Pakistan Alumin / Dec 7 Pakistan Aluminium Beverage Cans Limited(PABC)	31.50 ▲ -1.13 (-3.46%)
Pak Reinsurance / Dec 7 Pakistan Reinsurance Company Limited(PAKRI)	21.50 ▲ -0.72 (-3.24%)
Nishat Mills Ltd / Dec 7 Nishat Mills Limited(NML)	80.00 ▲ -1.88 (-2.30%)
Kot Addu Power / Dec 7 Kot Addu Power Company Limited(KAPCO)	30.70 ▲ -0.72 (-2.29%)
Jah.Sidd. Co. / Dec 7 Jahangir Siddiqui & Co. Ltd.(JSCL)	14.55 ▲ -0.27 (-1.82%)
Netsol Tech. / Dec 7 NetSol Technologies Limited(NETSOL)	89.00 ▲ -1.37 (-1.52%)
Pak Int.Bulk / Dec 7 Pakistan International Bulk Terminal(PIBTL)	7.27 ▲ -0.11 (-1.49%)

Stock	Volume
Hascol Petrol / Dec 7 Hascol Petroleum Limited(HASCOL)	5,340,985 ▼ 0.00
Telecard Limited / Dec 7 Telecard Limited(TELE)	2,758,000 ▼ 0.00
WorldCall Telecom / Dec 7 Worldcall Telecom Limited(WTL)	2,401,500 ▼ 0.00
TRG Pak Ltd / Dec 7 TRG Pakistan Limited(TRG)	2,285,871 ▼ 0.00
Unity Foods Ltd / Dec 7 Unity Foods Limited(UNITY)	2,096,790 ▼ 0.00
TPL Properties / Dec 7 TPL Properties Limited(TPLP)	1,324,000 ▼ 0.00
Byco Petroleum / Dec 7 Byco Petroleum Pakistan Limited(BYCO)	1,122,500 ▼ 0.00
G3 Tech. / Dec 7 G3 Technologies Limited(GTECH)	1,085,000 ▼ 0.00
Fauji Foods Ltd / Dec 7 Fauji Foods Limited(FFL)	1,046,500 ▼ 0.00
Ghani Glo Hol / Dec 7 Ghani Global Holdings Limited(GGL)	964,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 6	176.58
USD PKR Interbank Buying / Dec 6	176.48
USD to Japanese Yen / Dec 6	113.50
USD to Swiss Franc / Dec 6	0.93
Pound Sterling to USD / Dec 6	1.33
Euro to USD / Dec 6	1.13
UK LIBOR % / Dec 6	0.08

Stock	Volume
S&P 500 / Dec 6	4591.67
India Sensex / Dec 6	56747.14
Tokyo Nikkei / Dec 6	28029.57
Nasdaq / Dec 6	15225.15
Hang Seng / Dec 6	23349.38
FTSE 100 / Dec 6	7232.28
Dow Jones / Dec 6	35227.03
Germany DAX 30 / Dec 6	15380.79
France CAC40 / Dec 6	6865.78

Item	Value
Crude Oil / Dec 6	69.69
Karachi Cotton Assoc. / Dec 6	17380.00
Gold 10 Grams / Dec 6	100500.00
Gold Spot / Dec 6	1781.30
Cotton / Dec 6	107.01

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