Taxes

ICT jurisdiction: Scope of ‘IT & IT-enabled services’ expanded for 16pc tax collection

ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of “IT services” and “IT-enabled...

Published 22 Jan, 2021 04:47am

Taxes

Non-resident or overseas Pakistanis: FBR mulling extending certain benefits

ISLAMABAD: The Federal Board of Revenue (FBR) is reviewing various proposals to grant certain benefits to the...

Published 20 Jan, 2021 04:29am

Taxes

'Over Rs1m duties, taxes will be paid only through e-payment system from today'

LAHORE: Mohsin Rafique, Collector of Customs Appraisement, Lahore, has said that from January 20, 2021 all duties ...

Published 20 Jan, 2021 04:29am

Taxes

Trading across Border Index: Pakistan improves 31 positions on rank

ISLAMABAD: In a major achievement towards ensuring ease of doing business, Pakistan has improved 31 positions (from...

Published 20 Jan, 2021 04:29am

Taxes

Federal budget: FBR’s priority is to get rid of excessive taxation: official

KARACHI: Member Inland Revenue, Operations, Federal Board of Revenue (FBR), Dr. Muhammad Ashfaq Ahmad, has said that...

Updated 16 Jan, 2021 03:28am

Taxes

PM informed about growing construction activities

ISLAMABAD: The chairman of Federal Board of Revenue (FBR) has informed the Prime Minister that there was ...

Updated 15 Jan, 2021 09:26pm

Taxes

FBR, PRAs meeting rescheduled for 18th

ISLAMABAD: The meeting between the Federal Board of Revenue (FBR) and the provincial revenue authorities (PRAs) on...

Updated 13 Jan, 2021 04:23am

Taxes

FBR holds session on boosting immune system

ISLAMABAD: Facilitation and Taxpayers' Education Wing (FATE) of Federal Board of Revenue (FBR) arranged a one day...

Updated 13 Jan, 2021 04:23am

Taxes

No payment limit on duties, taxes fixed through e-payment

KARACHI: The payment of custom duties and taxes of over Rs 1 million will also be accepted now through e-payment by...

Updated 14 Jan, 2021 06:37pm

Taxes

E-payment facility introduced for all FBR taxes

ISLAMABAD: In continuation of the FBR reforms and modernisation drive, e-payment facility for payment of all FBR...

Updated 12 Jan, 2021 03:26am

Taxes

Tax defaulters advised to deposit taxes immediately

KARACHI: Sindh Minister for Excise & Taxation and Narcotics Control department & Parliamentary Affairs ...

Updated 12 Jan, 2021 03:26am

Taxes

New units at highways, motorways to be taxed from July

MULTAN: The Excise, Taxation and Narcotics department has constituted teams for survey to identify units at highways...

Published 11 Jan, 2021 02:58am

Taxes

UK's Sunak looking to delay tax rises

LONDON: British finance minister Rishi Sunak is expected to delay plans for tax rises until late this year, The ...

Updated 10 Jan, 2021 02:59am

Taxes

Study suggests steps to streamline tobacco tax regime

ISLAMABAD: The government should take strict measures to curtail immense influence of the tobacco lobby over all the...

Updated 10 Jan, 2021 02:54am

Taxes

Study shows Punjab revenue collection better than other provinces

LAHORE: Governance reforms in Punjab have had a positive impact on tax collection targets in the most populous...

Updated 08 Jan, 2021 03:16am

Taxes

KPRA begins implementing RIMS in restaurants

PESHAWAR: In a step towards transparency, the Khyber Pakhtunkhwa Revenue Authority (KPRA) has started implementing...

Updated 08 Jan, 2021 03:17am

Taxes

STARR system, ERS: Registered persons allowed to file non-export related refund claims

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed registered persons to file non-export related refund ...

Published 05 Jan, 2021 03:14am

Taxes

Income tax returns: Updated ATL to be issued after March 1

ISLAMABAD: The Federal Board of Revenue (FBR) Monday announced that the FBR will issue the updated Active Taxpayer...

Published 05 Jan, 2021 03:14am

Taxes

FED collected from cigarettes remains lowest: SDPI study

ISLAMABAD: The federal excise duty (FED) collected from cigarettes in Pakistan remains the lowest as compared to the...

Published 05 Jan, 2021 03:14am

Taxes

Notification

ISLAMABAD: The Establishment Division Monday issued a notification on appointment of Javed Ghani as chairman Federal...

Published 05 Jan, 2021 03:14am

Taxes

FBR launches E-filing of Appeals from 1st Jan 2021

The Federal Board of Revenue has started electronic filing of appeals from the 1st of January, 2021.

Published 02 Jan, 2021 07:49pm

Taxes

2020: Financial difficulties provided chances for reforms: minister

LAHORE: Punjab Finance Minister Makhdoom Hashim Jawan Bakht has said that the year 2020 has been painful due to the...

Published 02 Jan, 2021 03:04am

Taxes

Punjab finalizes 5-year plan to improve tax collection

LAHORE: The Punjab government has finalized a five-year financial plan to improve tax collection in the province,...

Published 02 Jan, 2021 03:04am

Taxes

Transfer from one station to another: FBR issues procedure for Grade-1 to 15 officials of IR

ISLAMABAD: The Federal Board of Revenue (FBR) has issued procedure for the Grade-1 to 15 officials of the Inland...

Published 30 Dec, 2020 03:19am

Taxes

FBR chief for early nomination of appellate tribunals' members

ISLAMABAD: Early nomination for members of appellate tribunals would help it recover half of Rs456 billion involved...

Updated 29 Dec, 2020 03:51am

Taxes

Extension urged in date of filing tax returns

HYDERABAD: Hyderabad Chamber of Small Traders and Small Industry president Saleemuddin Qureshi has demanded the FBR...

Updated 29 Dec, 2020 11:22am

Taxes

40 percent of registered taxpayers do not file forms: SAPM

LAHORE: Some 40 percent of the taxpayers registered with the sales tax directorate do not file their forms and...

Updated 27 Dec, 2020 03:29am

Taxes

Value of seized smuggled goods: Considerable progress witnessed: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a press release, wherein, it has been stated that...

Published 26 Dec, 2020 02:58am

Taxes

Field formations directed to pay all refunds by January 31

ISLAMABAD: The FBR has directed the field formations to immediately pay all pending income tax refunds filed under...

Published 26 Dec, 2020 02:58am

Taxes

FBR field formations: CCs, DGs directed to stop granting additional charge positions

ISLAMABAD: The Federal Board of Revenue (FBR) Monday directed all chief commissioners/director generals (Inland...

Updated 22 Dec, 2020 04:06am

Gainers
Losers
Leaders

Stock	Price
First Punjab Mod. / Jan 25 First Punjab Modaraba(FPJM)	2.70 ▲ 0.20 (14.89%)
Ghani Auto Ind. / Jan 25 Ghani Automobile Industries Limited(GAIL)	6.80 ▲ 0.69 (13.33%)
Habib Ins. / Jan 25 Habib Insurance Company Limited(HICL)	8.50 ▲ 0.69 (13.18%)
Bawany Air / Jan 25 Bawany Air Products Limited(BAPL)	22.38 ▲ 1.89 (11.34%)
Unicap Mod. / Jan 25 Unicap Modaraba(UCAPM)	1.10 ▼ -0.01 (10.00%)
Hi-Tech Lubricants / Jan 25 Hi-Tech Lubricants Limited(HTL)	60.28 ▲ 7.55 (9.66%)
Pak Datacom Ltd / Jan 25 Pak Datacom Limited(PAKD)	113.50 ▲ 4.58 (9.03%)
Fazal Cloth / Jan 25 Fazal Cloth Mills Limited(FZCM)	229.68 ▲ 30.92 (7.50%)
Dewan Sugar / Jan 25 Dewan Sugar Mills Limited(DWSM)	3.03 ▼ -0.10 (6.32%)
B.R.R. Mod. / Jan 25 B.R.R. Guardian Modaraba(BRR)	14.00 ▲ 0.46 (5.98%)

Stock	Price
Hala Enterpries / Jan 25 Hala Enterprises Limited(HAEL)	10.81 ▼ 0.97 (-11.76%)
Saritow Sp. / Jan 25 Saritow Spinning Mills Limited(SSML)	9.90 ▼ 0.86 (-11.61%)
Grays Leas. / Jan 25 Grays Leasing Limited(GRYL)	5.17 ▼ 0.69 (-10.86%)
PICIC Insurance / Jan 25 PICIC Insurance Limited(PIL)	1.38 ▼ 0.11 (-9.80%)
First Pak Modaraba / Jan 25 First Pak Modaraba(PAKMI)	2.12 ▼ 0.27 (-9.40%)
First Prud Mod. / Jan 25 First Prudential Modaraba(PMI)	2.10 ▼ 0.35 (-8.70%)
Altern Energy / Jan 25 Altern Energy Limited(ALTN)	27.25 ▼ 1.75 (-8.40%)
Summit Bank / Jan 25 Summit Bank Limited(SMBL)	1.83 ▼ 0.14 (-8.04%)
Saudi Pak Leas. / Jan 25 Saudi Pak Leasing Company Limited(SPLC)	1.74 ▼ 0.25 (-7.94%)
Khurshid Spinng / Jan 25 Khurshid Spinning Mills Limited(KHSM)	19.86 ▼ 0.00 (-7.46%)

Stock	Volume
TRG Pak. / Jan 25 TRG Pakistan Limited(TRG)	29,686,000 ▼ 8.01
K-Electric Ltd / Jan 25 K-Electric Limited(KEL)	25,544,000 ▼ 0.11
Invest Cap. Bank / Jan 25 Invest Capital Investment Bank Limited(ICIBL)	17,052,500 ▼ 0.87
Unity Foods / Jan 25 Unity Foods Limited(UNITY)	16,920,978 ▼ 1.02
Fauji Foods / Jan 25 Fauji Foods Limited(FFL)	15,931,500 ▼ 0.35
Fauji Fert. Bin / Jan 25 Fauji Fertilizer Bin Qasim Limited(FFBL)	12,716,500 ▼ 1.75
Pak Int.Bulk Ter / Jan 25 Pakistan International Bulk Terminal Limited(PIBTL)	10,876,500 ▼ 0.31
Hum Network / Jan 25 Hum Network Limited(HUMNL)	10,747,500 ▼ 0.17
Aisha Steel / Jan 25 Aisha Steel Mills Limited(ASL)	9,137,500 ▼ 1.32
Jahangir Sid. Co. / Jan 25 Jahangir Siddiqui & Co. Ltd.(JSCL)	8,165,000 ▼ 0.75

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 23	160.75
USD PKR Interbank Buying / Jan 23	160.65
USD to Japanese Yen / Jan 23	103.81
USD to Swiss Franc / Jan 23	0.89
Pound Sterling to USD / Jan 23	1.37
Euro to USD / Jan 23	1.22

Stock	Volume
S&P 500 / Jan 23	3850.96
India Sensex / Jan 23	48878.54
Tokyo Nikkei / Jan 23	28631.45
Nasdaq / Jan 23	13559.29
Hang Seng / Jan 23	29447.85
FTSE 100 / Jan 23	6695.07
Dow Jones / Jan 23	31048.96
Germany DAX 30 / Jan 23	13873.97
France CAC40 / Jan 23	5559.57

Indicator	Value
UK LIBOR % / Jan 23	0.09

Taxes

ICT jurisdiction: Scope of ‘IT & IT-enabled services’ expanded for 16pc tax collection

Non-resident or overseas Pakistanis: FBR mulling extending certain benefits

'Over Rs1m duties, taxes will be paid only through e-payment system from today'

Trading across Border Index: Pakistan improves 31 positions on rank

Federal budget: FBR’s priority is to get rid of excessive taxation: official

PM informed about growing construction activities

FBR, PRAs meeting rescheduled for 18th

FBR holds session on boosting immune system

No payment limit on duties, taxes fixed through e-payment

E-payment facility introduced for all FBR taxes

Tax defaulters advised to deposit taxes immediately

New units at highways, motorways to be taxed from July

UK's Sunak looking to delay tax rises

Study suggests steps to streamline tobacco tax regime

Study shows Punjab revenue collection better than other provinces

KPRA begins implementing RIMS in restaurants

STARR system, ERS: Registered persons allowed to file non-export related refund claims

Income tax returns: Updated ATL to be issued after March 1

FED collected from cigarettes remains lowest: SDPI study

Notification

FBR launches E-filing of Appeals from 1st Jan 2021

2020: Financial difficulties provided chances for reforms: minister

Punjab finalizes 5-year plan to improve tax collection

Transfer from one station to another: FBR issues procedure for Grade-1 to 15 officials of IR

FBR chief for early nomination of appellate tribunals' members

Extension urged in date of filing tax returns

40 percent of registered taxpayers do not file forms: SAPM

Value of seized smuggled goods: Considerable progress witnessed: FBR

Field formations directed to pay all refunds by January 31

FBR field formations: CCs, DGs directed to stop granting additional charge positions

Most Popular Articles

Pakistan eyes to enter $90bn gaming industry with upcoming program

Chughtai Lab and Pfizer Partner to establish Vaccination Centers across Pakistan

Pakistan sees 'light at the end of the tunnel’ as domestic activity indicators pickup: Baqir

MPCL enters into JV Agreement for Potential Mining Projects in Balochistan

Pakistan’s First Ever Motorsports Arena to be Build in KPK

PM vows to provide full support to textile industry amid historic demand