Taxes

Undocumented sectors: FBR to conduct physical survey of retailers

ISLAMABAD: The Federal Board of Revenue (FBR) will conduct physical surveys of retailers operating in the...

Published 26 May, 2022 07:13am

Taxes

Tractor industry: FBR not following timelines in processing refund claims, says FTO

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah observed on Tuesday that the timelines given in the...

Published 25 May, 2022 04:40am

Taxes

Rs 252 m collected during E&T dept’s drive

KARACHI: Sindh Minister for Excise, Taxation and Narcotics Control Mukesh Kumar Chawla has said his department’s...

Published 26 May, 2022 05:26am

Taxes

FTO urges retailers to help FBR document economy

ISLAMABAD: The Federal Tax Ombudsman (FTO) has advised the traders, retailers to voluntarily come forward to accept...

Published 26 May, 2022 05:26am

Taxes

Import of various products: DGCV Karachi revises customs values

ISLAMABAD: Directorate General of Customs Valuation, Karachi has revised customs values on the import of...

Published 25 May, 2022 04:40am

Taxes

USC upgrades its POS system

ISLAMABAD: Utility Stores Corporation (USC) in collaboration with the Government of Pakistan is taking measures to...

Published 25 May, 2022 04:40am

Taxes

‘Removal of 17pc GST will reduce price of solar systems by 30pc’

LAHORE: Removal of 17 percent General Sales Tax (GST) would reduce the price of solar systems by 30%, said energy...

Updated 24 May, 2022 09:28pm

Taxes

Fixed tax scheme being worked out: Only small shopkeepers, not Tier-I retailers, to be covered

ISLAMABAD: The Federal Board of Revenue (FBR) is working on a simplified fixed tax scheme for small traders in the...

Published 24 May, 2022 05:35am

Taxes

POS invoicing prize scheme: RTO’s IR inspector caught misusing authority

ISLAMABAD: An Inland Revenue inspector of the Regional Tax Office (RTO) Bahawalpur, deputed at a sweet shop to...

Published 24 May, 2022 05:35am

Taxes

PTC contributed Rs133bn tax revenues in 2021

ISLAMABAD: Pakistan Tobacco Company (PTC) has contributed Rs133 billion tax revenues during 2021. A research report...

Published 23 May, 2022 06:55am

Taxes

ST post-refund audit has limited scope: AT

ISLAMABAD: Appellate Tribunal (AT) in a landmark judgment has held that sales tax post-refund audit has limited ...

Published 23 May, 2022 07:11am

Taxes

Hazara region: KPRA registers over 200 service providers

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) has registered over 200 service providers in Hazara region...

Published 23 May, 2022 08:02am

Taxes

GST refund to over 9000 cars’ buyers: FTO places comprehensive mechanism for FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has placed a comprehensive mechanism for the Federal Board of Revenue...

Published 22 May, 2022 06:03am

Taxes

Pharmaceutical companies: FBR body agrees to resolve ST refunds-related issues

ISLAMABAD: The Issues Resolution Committee of the Federal Board of Revenue (FBR) has agreed to resolve sales tax...

Published 19 May, 2022 06:14am

Taxes

Ban on luxury items: Business community doubtful about outcomes

KARACHI: The leadership of Businessmen Group (BMG), while referring to FBR’s recommendations to impose ban on...

Published 20 May, 2022 05:15am

Taxes

FBR to upgrade its data centres, says report on ‘Reforms-2022’

ISLAMABAD: The Federal Board of Revenue (FBR) will upgrade its data centres to the latest, state-of-the-art...

Published 23 May, 2022 06:15am

Taxes

DII (IR) official removed from service for ‘aiding’ accused

ISLAMABAD: The Federal Board of Revenue (FBR) has dismissed from services, an official of the Directorate of...

Published 19 May, 2022 06:58am

Taxes

Recovery drive: Sindh E&T dept collects Rs2.4m on first day

KARACHI: Sindh Excise and Taxation department has made a tax recovery of Rs2.4 million during the first day of the...

Published 18 May, 2022 05:54am

Taxes

Faulty integration of Tier-1 retailers: FTO has received over 100 complaints against FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has received over 100 individual complaints of the newly integrated ...

Published 19 May, 2022 05:29am

Taxes

Raw materials, finished goods’ tariffs: FBR to remove anomalies from federal tax laws

ISLAMABAD: The Federal Board of Revenue (FBR) will remove anomalies from the federal tax laws, specifically...

Published 17 May, 2022 05:39am

Taxes

FBR urged to defer effective date of SRO 567(1)/2022 until July 1

KARACHI: Karachi Customs Agents Association (KCAA) has requested the Federal Board of Revenue (FBR) to defer the...

Published 17 May, 2022 05:39am

Taxes

GST concession on tractors: Farmers not happy with new SRO

ISLAMABAD: The country’s farming community has strongly reacted to the government decision for not extending GST...

Published 16 May, 2022 06:36am

Taxes

PKI opposes 17pc sales tax on tractors

LAHORE: The Pakistan Kissan Ittehad (PKI) has strongly opposed the Federal Board of Revenue’s (FBR) SRO-563 issued...

Published 16 May, 2022 06:59am

Taxes

FBR’s clarification withdrawal decision hailed

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Irfan Iqbal Sheikh and Regional...

Published 15 May, 2022 05:35am

Taxes

DHA Gujranwala: FBR revises ‘fair market value’ of residential properties

ISLAMABAD: The Federal Board of Revenue (FBR) has revised fair market value of residential immoveable properties of...

Published 15 May, 2022 05:35am

Taxes

‘Own motion’ cases: FTO completes investigations

ISLAMABAD: The Federal Tax Ombudsman (FTO) has completed investigations in several own motion cases including misuse...

Published 15 May, 2022 06:43am

Taxes

1,000 items: expert underscores need for withdrawing GST

LAHORE: Renowned economist and academician Dr Qais Aslam has advised the government to withdraw General Sales Tax...

Published 14 May, 2022 04:05am

Taxes

India tax authority froze $478m of Xiaomi funds in Feb

NEW DELHI: Indian tax officials froze $478 million worth of deposits lying in local bank accounts of China’s ...

Published 13 May, 2022 05:59am

Taxes

Facility of input tax adjustment of big retailers: FBR implements electronic system

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented an electronic system from May 10, 2022, to restore the...

Updated 14 May, 2022 02:10pm

Taxes

FBR clarification

ISLAMABAD: The Federal Board of Revenue (FBR) on Saturday clarified that the FBR is not under immediate cyber attack...

Published 15 May, 2022 05:35am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 26	201.80
USD PKR Interbank Buying / May 26	201.30
USD to Japanese Yen / May 26	127.41
USD to Swiss Franc / May 26	0.96
Pound Sterling to USD / May 26	1.26
Euro to USD / May 26	1.07
UK LIBOR % / May 26	0.82

Stock	Volume
S&P 500 / May 26	3978.73
India Sensex / May 26	53749.26
Tokyo Nikkei / May 26	26653.80
Nasdaq / May 26	11434.74
Hang Seng / May 26	19952.81
FTSE 100 / May 26	7522.75
Dow Jones / May 26	32120.28
Germany DAX 30 / May 26	14007.93
France CAC40 / May 26	6298.64

Item	Value
Crude Oil USD/Barrel / May 26	110.44
Karachi Cotton PKR/37.32 KG / May 26	21180.00
Gold 10 Grams PKR / May 26	120700.00
Gold Spot USD/Ounce / May 26	1849.73
Cotton US¢/pound / May 26	122.20

Taxes

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