Taxes

E-filing certificate: Taxmen given Dec 6 deadline

ISLAMABAD: The Federal Board of Revenue (FBR) has given a deadline of December 6, 2023, to tax officers (BS-17 and...

Published 05 Dec, 2023 03:01am

Taxes

Tax credit regime for NPOs massively misused: FTO

ISLAMABAD: The Federal Board of Revenue’s tax credit regime for Non-Profit Organisations (NPOs) has been massively...

Published 05 Dec, 2023 03:01am

Taxes

FTO asks FBR to review ED regime

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to review whole regime of...

Updated 01 Dec, 2023 09:12am

Taxes

FBR collects Rs10bn CVT under different heads in 2022-23

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Capital Value Tax (CVT) of Rs 10 billion under different...

Published 01 Dec, 2023 04:43am

Taxes

Bank account attachment of Discos, others: FBR endorses referring matter to Member (IR) Operations

ISLAMABAD: The Federal Board of Revenue (FBR) has endorsed that the matter of attachment of bank accounts of power...

Published 30 Nov, 2023 04:53am

Taxes

Share of cigarettes in FED collection rises

ISLAMABAD: The share of cigarettes in overall Federal Excise Duty (FED) collection has increased to 40 percent ...

Published 29 Nov, 2023 05:09am

Taxes

FTO directs FBR to streamline IT process

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to ...

Published 25 Nov, 2023 05:19am

Taxes

Data analytics, mathematical modelling: FBR forms body

KARACHI: The Federal Board of Revenue (FBR) has decided to develop data analytics and mathematical modelling using...

Published 29 Nov, 2023 05:09am

Taxes

‘Non-compliance’ with tax laws: SRB takes punitive action against restaurant chain

KARACHI: The Sindh Revenue Board (SRB) on Thursday sealed two locations of the popular Red Apple restaurant chain...

Published 24 Nov, 2023 05:29am

Taxes

Sales tax returns filing: KCCI asks FBR to rectify technical errors

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has asked the Federal...

Published 24 Nov, 2023 05:29am

Taxes

Manufacturing premises: FBR refuses DA to IR staff

ISLAMABAD: The Federal Board of Revenue (FBR) has refused to grant daily allowance (DA) to the officers/ staff of...

Published 23 Nov, 2023 03:19am

Taxes

No tax required to be withheld against payments representing discounts, inter-company account settlements

LAHORE: No tax is required to be withheld against the payments representing discounts and inter-company account...

Published 22 Nov, 2023 05:48am

Taxes

Increase in FED on cigarettes: Health advocates call for implementation of World Bank’s recommendation

ISLAMABAD: Health advocates called for immediate implementation of the latest recommendation of the World Bank (WB)...

Published 18 Nov, 2023 06:03am

Taxes

Court matters: FBR Policy Wing IR refuses to give policy viewpoint

ISLAMABAD: The Federal Board of Revenue (FBR) Policy Wing of Inland Revenue has refused to give policy viewpoint in...

Published 17 Nov, 2023 06:06am

Taxes

Rs12bn tax refund ‘fraud’: Alvi directs FBR to restore probe against MTL

ISLAMABAD: President Arif Alvi has directed the Federal Board of Revenue (FBR) to restore investigation against M/s...

Published 16 Nov, 2023 05:39am

Taxes

Windfall income of banks: SRO will be issued to impose 40pc additional tax

ISLAMABAD: The Federal Board of Revenue (FBR) will issue a Statutory Regulatory Order (SRO) to impose 40 percent...

Published 16 Nov, 2023 05:39am

Taxes

For future probationary officers of IRS: FTO forwards case of ‘classic maladministration’ to develop case study

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has forwarded a case of maladministration to Directorate of...

Published 16 Nov, 2023 05:39am

Taxes

Verification of IT refund claims: FTO asks FBR to take uniform approach

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue necessary...

Published 15 Nov, 2023 06:09am

Taxes

Cigarette prices in Pakistan lowest in the region due to lenient tax policy?

ISLAMABAD: Pakistan stands out in the region for remarkably low cigarette prices due to the country’s lenient tax...

Published 14 Nov, 2023 05:08am

Taxes

Mobile operators in Pakistan may levy ‘SIM Disowning Charge’ from January 1

Cellular mobile operators in Pakistan may levy a disowning charge on SIMs having less than a six-month retention...

Updated 10 Nov, 2023 10:50pm

Taxes

Raid at office of private housing society: PRA unearths tax evasion worth billions of rupees

LAHORE: The Rawalpindi Commissionerate of Punjab Revenue Authority (PRA) has unearthed tax evasion worth billions of...

Published 09 Nov, 2023 05:38am

Taxes

Recording of advance tax: SECP proposes amendments to insurance regulatory framework

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed amendments to insurance regulatory...

Published 08 Nov, 2023 05:42am

Taxes

‘e-Pay Punjab upgraded to ensure effortless tax payments’

LAHORE: Punjab Information Technology Board (PITB) Chairman Faisal Yousaf has said that e-Pay Punjab, a mobile...

Published 08 Nov, 2023 05:42am

Taxes

A tug of war between tax dept and welfare organisation over surplus income from investments

LAHORE: Welfare organisations utilising the surplus income out of their investments for their own beneficiaries are...

Published 07 Nov, 2023 06:33am

Taxes

Recovery notices under Sec 138: FTO orders probe against FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation against the Federal Board of Revenue (FBR)...

Published 05 Nov, 2023 03:10am

Taxes

South Africa seeks tax boost as higher debt peak forecast

CAPE TOW: South Africa’s finance minister will propose tax changes next year as part of an effort to stabilise...

Published 02 Nov, 2023 03:15am

Taxes

Rs66bn more than target: Jul-Oct provisional collection stands at Rs2.748trn

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs2,748 billion during the first four...

Updated 01 Nov, 2023 09:05am

Taxes

FBR receives over 2.9m income tax returns

ISLAMABAD: The Federal Board of Revenue (FBR) has received over 2.9 million income tax returns for the tax year 2023...

Published 01 Nov, 2023 05:57am

Taxes

FBR seizes record 16m non-duty paid/counterfeit cigarette sticks

ISLAMABAD: The designated teams of Federal Board of Revenue (FBR) have conducted 429 raids across the country and...

Published 01 Nov, 2023 05:57am

Taxes

FBR starts PRAL restructuring without approval of BoDs

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted sub-groups for restructuring and revitalisation of...

Published 31 Oct, 2023 05:26am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 6 786 Investments Limited(786)	5.87 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 6 Al-Abbas Sugar Mills Limited(AABS)	518.38 ▼ 0.00 (0.00%)
Agro Allianz / Dec 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 6 Allied Bank Limited(ABL)	84.74 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 6 Abbott Laboratories (Pakistan) Limited(ABOT)	480 ▼ 0.00 (0.00%)
Abson Ind. / Dec 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 6 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 6 Attock Cement Pakistan Limited(ACPL)	103.28 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 6 786 Investments Limited(786)	5.87 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 6 Al-Abbas Sugar Mills Limited(AABS)	518.38 ▲ 0.00 (0.00%)
Agro Allianz / Dec 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 6 Allied Bank Limited(ABL)	84.74 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 6 Abbott Laboratories (Pakistan) Limited(ABOT)	480 ▲ 0.00 (0.00%)
Abson Ind. / Dec 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 6 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 6 Attock Cement Pakistan Limited(ACPL)	103.28 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 6 Cnergyico PK Limited(CNERGY)	82,309,654 ▲ 0.00
Pak Refinery / Dec 6 Pakistan Refinery Limited(PRL)	53,701,236 ▲ 0.00
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	37,662,460 ▲ 0.00
P.T.C.L. / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	36,098,500 ▲ 0.00
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	31,493,000 ▲ 0.00
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	31,154,943 ▲ 0.00
Pak Petroleum / Dec 6 Pakistan Petroleum Limited(PPL)	26,934,622 ▲ 0.00
Fauji Cement / Dec 6 Fauji Cement Company Limited(FCCL)	23,813,500 ▲ 0.00
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	21,786,544 ▲ 0.00
National Bank / Dec 6 National Bank of Pakistan(NBP)	16,987,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	284.60
USD PKR Interbank Buying / Dec 5	284.20
USD to Japanese Yen / Dec 5	147.23
USD to Swiss Franc / Dec 5	0.87
Pound Sterling to USD / Dec 5	1.26
Euro to USD / Dec 5	1.08
UK LIBOR % / Dec 5	5.46

Stock	Volume
S&P 500 / Dec 5	4567.18
India Sensex / Dec 5	69296.14
Tokyo Nikkei / Dec 5	33041.24
Nasdaq / Dec 5	14229.91
Hang Seng / Dec 5	16327.86
FTSE 100 / Dec 5	7489.84
Dow Jones / Dec 5	36124.56
Germany DAX 30 / Dec 5	16533.11
France CAC40 / Dec 5	7386.99

Item	Value
Crude Oil USD/Barrel / Dec 5	72.16
Karachi Cotton PKR/37.32 KG / Dec 5	17235
Gold 10 Grams PKR / Dec 5	189043
Gold Spot USD/Ounce / Dec 5	2019.74
Cotton US¢/pound / Dec 5	79.68

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