Taxes

AML/CFT-related cases pertaining to Customs: FBR’s Directorate of CBCM designated as data repository

ISLAMABAD: The Federal Board of Revenue’s Directorate of Cross Border Currency Movement (CBCM) has been designated...

Published 23 Mar, 2023 05:47am

Only 50% of deemed income tax be paid at the moment: SC grants interim order

Top court directs FBR to expand tax base rather than enhancing taxes on compliant citizens

Published 22 Mar, 2023 06:29pm

Taxes

FBR asks its LTOs, MTOs and RTOs to observe extended work hours

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all Large Taxpayer Offices (LTOs), Medium Tax Offices...

Published 22 Mar, 2023 06:24am

Taxes

FBR launches various modules of Export Facilitation Scheme

LAHORE: Director General (DG) Customs Automation and Reforms, Federal Board of Revenue, Syed Shakeel Shah launched...

Published 22 Mar, 2023 06:24am

Tax matters: Appellate Tribunal is final forum for determination of facts: SC

ISLAMABAD: The Supreme Court held that the Appellate Tribunal is the final forum for the determinations of the facts...

Published 19 Mar, 2023 03:33am

Taxes

OECD team visits FBR Headquarters

ISLAMABAD: The Directorate General of International Taxes, Federal Board of Revenue, received Global Forum’s ...

Published 21 Mar, 2023 06:29am

Taxes

Taxpayers exploiting FTO forum to defeat hierarchy of tax laws

LAHORE: Taxpayers are exploiting the forum of Federal Tax Ombudsman (FTO) to defeat a complete mechanism and...

Published 18 Mar, 2023 06:14am

Taxes

Cyclostyle replies against POS integration notices adding to miseries of taxpayers, dept

LAHORE: Filing of cyclostyle replies against Point of Sale (POS) integration notices for Tier-1 Retailers (T-1Rs) ...

Published 17 Mar, 2023 06:15am

Taxes

Experts for imposition of tax on Toshakhana gifts on deemed income basis

ISLAMABAD: Gifts including jewelry/gold received/purchased by politicians from Toshakhana should be charged to ...

Published 17 Mar, 2023 06:16am

Taxes

Import of goods from Uzbekistan: FBR allows concessionary/reduced rates of duty

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed concessionary/ reduced rates of customs duty, additional...

Published 16 Mar, 2023 06:01am

Taxes

Sugar sector: FBR chief asks senior LTO Lahore team to maximise revenue

ISLAMABAD: Federal Board of Revenue Chairman Asim Ahmad, Wednesday, directed the senior management of the Large...

Published 16 Mar, 2023 06:01am

Taxes

‘Weights and measures’ fee: Punjab govt collects record tax revenue

LAHORE: The Punjab government has collected record tax revenue of Rs27 million in lieu of ‘weights and measures’...

Published 16 Mar, 2023 06:01am

Taxes

SST amounts, returns: SRB extends deadlines

KARACHI: Sindh Revenue Board (SRB) has extended the date of e-depositing the amounts of Sindh Sales Tax (SST) and...

Published 15 Mar, 2023 07:07am

Taxes

Mobile Facilitation Stations: FBR opens major reform initiative

ISLAMABAD: The Federal Board of Revenue (FBR) has launched a major reform initiative by enhancing its outreach...

Published 14 Mar, 2023 03:18am

Taxes

Computerised arms licences: FBR asked to confirm sales tax chargeability

ISLAMABAD: The Federal Tax Ombudsman (FTO) on Tuesday directed the Federal Board of Revenue (FBR) to confirm the...

Published 15 Mar, 2023 06:01am

Taxes

Customs launches PassTrack App for international passengers

ISLAMABAD: Pakistan Customs has launched the PassTrack App to facilitate international passengers departing from or...

Published 15 Mar, 2023 06:01am

Taxes

Single GST return system: FBR, provinces likely to discuss delay soon

ISLAMABAD: The Federal Board of Revenue (FBR) and provinces are expected to sit together during the current week to...

Published 14 Mar, 2023 03:18am

Taxes

More tax on luxury goods lauded

KARACHI: Imposing of 25% sales tax on the import and local supply Of luxury items is a wonderful step to discourage...

Updated 13 Mar, 2023 06:44pm

Taxes

Achievement of revised target of Rs7.641trn: FBR chief asks Karachi taxmen to enforce additional taxation steps

ISLAMABAD: Federal Board of Revenue Chairman Asim Ahmad has directed the senior Inland Revenue officials of Karachi...

Published 12 Mar, 2023 05:55am

Taxes

Expert stresses need to increase tax-to-GDP ratio

ISLAMABAD: The government’s decision to increase sales tax rate from 17 to 18 per cent is a temporary measure, as...

Published 13 Mar, 2023 07:37am

Taxes

Ignoring grounds of appeals tantamount to maladministration: FTO

ISLAMABAD: Federal Tax Ombudsman (FTO) has issued an important ruling that the act of non-consideration of all...

Published 12 Mar, 2023 05:55am

Taxes

‘Taxpayers’ Satisfaction Survey (2023)’ 53pc of businesspeople file tax returns without any help

ISLAMABAD: Around 53 percent of business community has filed their annual income tax returns without any help from...

Updated 11 Mar, 2023 08:52am

Taxes

FBR survey: Businesses find it difficult to file GST returns compared to IT returns

ISLAMABAD: A survey of the business community conducted by the Federal Board of Revenue (FBR) revealed that...

Published 11 Mar, 2023 03:16am

Taxes

Taxpayers’ Satisfaction Survey 2023: Effective communications strategy recommended

ISLAMABAD: The Taxpayers’ Satisfaction Survey (2023) of the Federal Board of Revenue (FBR) has strongly ...

Published 11 Mar, 2023 03:16am

Taxes

FBR covers 550 firms for its taxpayers’ satisfaction survey

ISLAMABAD: The Taxpayers’ Satisfaction Survey (2023) of the Federal Board of Revenue (FBR) has covered 550 firms/...

Published 11 Mar, 2023 03:16am

Taxes

FTO takes strong exception to delay in clearance of refunds

LAHORE: The Federal Tax Ombudsman (FTO) has taken strong exception to delay in clearance or refunds on preconceived...

Published 11 Mar, 2023 03:16am

Taxes

Effective from March 8th: 25pc ST on luxury goods notified

ISLAMABAD: The Federal Board of Revenue (FBR), from March 8, imposed 25 percent sales tax on the import and local...

Updated 09 Mar, 2023 08:51am

Taxes

KPRA collects Rs20.21bn in 8 months

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) records 31% growth in the first 8 months of the financial...

Published 09 Mar, 2023 06:23am

Taxes

Refund claim: FTO directs FBR to revisit ‘condonation’ order

ISLAMABAD: The Federal Tax Ombudsman (FTO) on Wednesday directed the Federal Board of Revenue (FBR) to revisit...

Published 09 Mar, 2023 06:23am

Taxes

Tier-1 retailers unhappy with direct imposition of ‘highest’ penalty

LAHORE: The Tier-1 Retailers (T-1Rs) are offended with direct imposition of the highest degree of penalty by the...

Published 05 Mar, 2023 03:36am

Gainers
Losers
Leaders

Stock	Price
Pak Gen.Ins. / Mar 24 The Pakistan General Insurance Co. Ltd.(PKGI)	4.25 ▲ 0.39 (10.10%)
KASB Modaraba / Mar 24 KASB Modaraba(KASBM)	1.25 ▲ 0.11 (9.65%)
Khyber Tex. / Mar 24 Khyber Textile Mills Limited(KHYT)	297.60 ▲ 20.76 (7.50%)
Shield Corp. / Mar 24 Shield Corporation Limited(SCL)	244.99 ▲ 17.09 (7.50%)
Sapphire Fibres / Mar 24 Sapphire Fibres Limited(SFL)	1026.39 ▲ 71.60 (7.50%)
Tandlianwala Sugar / Mar 24 Tandlianwala Sugar Mills Limited(TSML)	83.72 ▲ 5.84 (7.50%)
Khairpur / Mar 24 Khairpur Sugar Mills Limited(KPUS)	57.38 ▲ 4.00 (7.49%)
Pakistan Services / Mar 24 Pakistan Services Limited(PSEL)	1277 ▲ 89.00 (7.49%)
Shahtaj Textile / Mar 24 Shahtaj Textile Limited(STJT)	84.22 ▲ 5.87 (7.49%)
Shakarganj / Mar 24 Shakarganj Limited(SML)	33.50 ▲ 2.33 (7.48%)

Stock	Price
Dewan Sugar / Mar 24 Dewan Sugar Mills Limited(DWSM)	2.22 ▼ -0.29 (-11.55%)
Pak Agro Pack. (GEM) / Mar 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	7.88 ▼ -1.00 (-11.26%)
HBL Invest Fund / Mar 24 HBL Investment Fund(HIFA)	1.55 ▼ -0.15 (-8.82%)
Kohat Textile / Mar 24 Kohat Textile Mills Limited(KOHTM)	10.55 ▼ -1.00 (-8.66%)
Colony Tex.Mills Ltd / Mar 24 Colony Textile Mills Limited(CTM)	2.41 ▼ -0.21 (-8.02%)
D.S. Ind. Ltd. / Mar 24 D.S. Industries Limited(DSIL)	2.22 ▼ -0.18 (-7.50%)
Gadoon Textile / Mar 24 Gadoon Textile Mills Limited(GADT)	193.33 ▼ -15.67 (-7.50%)
Philip Morris Pak. / Mar 24 Philip Morris (Pakistan) Limited(PMPK)	471.75 ▼ -38.25 (-7.50%)
Quetta Textile / Mar 24 Quetta Textile Mills Limited(QUET)	15.67 ▼ -1.27 (-7.50%)
Masood Textile / Mar 24 Masood Textile Mills Limited(MSOT)	41.42 ▼ -3.33 (-7.44%)

Stock	Volume
Fauji Cement / Mar 24 Fauji Cement Company Limited(FCCL)	17,487,500 ▼ -0.23
WorldCall Telecom / Mar 24 Worldcall Telecom Limited(WTL)	11,071,860 ▼ -0.02
Thatta Cement / Mar 24 Thatta Cement Company Limited(THCCL)	9,211,500 ▼ -0.16
Fauji Foods Ltd / Mar 24 Fauji Foods Limited(FFL)	7,792,084 ▼ -0.14
Ghani Glo Hol / Mar 24 Ghani Global Holdings Limited(GGL)	5,968,150 ▼ -0.59
Telecard Limited / Mar 24 Telecard Limited(TELE)	5,558,000 ▼ -0.52
Hascol Petrol / Mar 24 Hascol Petroleum Limited(HASCOL)	4,387,500 ▼ -0.11
Meezan Bank / Mar 24 Meezan Bank Limited(MEBL)	3,700,308 ▼ -0.27
Cnergyico PK / Mar 24 Cnergyico PK Limited(CNERGY)	3,587,106 ▼ -0.06
Maple Leaf Cement / Mar 24 Maple Leaf Cement Factory Limited(MLCF)	3,522,701 ▼ -0.31

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.13
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.23
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 23	3948.72
Nasdaq / Mar 23	11787.40
Dow Jones / Mar 23	32105.25
India Sensex / Mar 24	57895.48
Tokyo Nikkei / Mar 24	27326.43
Hang Seng / Mar 24	19970.42
FTSE 100 / Mar 24	7408.41
Germany DAX 30 / Mar 24	15034.97
France CAC40 / Mar 24	7056.60

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.79
Gold Spot USD/Ounce / Mar 24	1989.92
Cotton US¢/pound / Mar 24	77.60

Taxes

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