Taxes

Tobacco industry: FBR is all set to fully implement T&T system

ISLAMABAD: The Federal Board of Revenue (FBR) is all set to fully implement the track and trace (T&T) system at...

Published 05 Jul, 2022 05:19am

Taxes

Small gift parcels: FTO asks FBR to formulate proper rules

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to adopt a more...

Published 05 Jul, 2022 05:19am

Taxes

South Region: Customs Appraisement brings about 32pc revenue growth

ISLAMABAD: Customs Appraisement (South) Region has achieved an extraordinary growth of 32% in Customs Duty(CD)...

Published 04 Jul, 2022 06:17am

Taxes

Capital assets: Tax on deemed income applicable to TY22, onwards

ISLAMABAD: The Finance Act 2022 has clarified that the tax on deemed income would be applicable for Tax Year 2022...

Updated 02 Jul, 2022 12:12pm

Taxes

FBR expands scope of definition of IT, IT-enabled services

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

Published 01 Jul, 2022 06:13am

Taxes

GST, IT and export rebate: FBR has paid off pending claims: Miftah

ISLAMABAD: Finance Minister Miftah Ismail Thursday said that the Federal Board of Revenue (FBR) has paid all...

Published 01 Jul, 2022 06:13am

Taxes

FTO directs FBR to settle refund claim of complainant

ISLAMABAD: The Federal Tax Ombudsman (FTO), while disposing of the complaint of a customer of the telecom company ...

Published 30 Jun, 2022 06:07am

Taxes

Removal of goods without payment of duty: FTO unearths containers clearance scam

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed a scam of removal of non-duty paid goods in the garb of...

Published 30 Jun, 2022 06:07am

Taxes

PRA surpasses revised ST on services target

LAHORE: The Punjab government has surpassed the upward revised sales tax on services target of Rs.165.5 billion for...

Published 30 Jun, 2022 06:07am

Taxes

Rs7.4trn FY23 target: Tola urges govt to ‘streamline’ taxation system

LAHORE: Leading tax expert Ashfaq Tola has urged the government to streamline its taxation system to attain a tax...

Published 30 Jun, 2022 06:07am

Taxes

Manufacturers given Oct 1 deadline: Tax stamps, UIMs needed for removing cement bags from factory: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the cement manufacturers not to remove cement bags from...

Published 29 Jun, 2022 07:27am

Taxes

‘Govt should not impose supertax on existing taxpayers’

LAHORE: “Though the country is passing through a critical time but the government will have to act wisely and...

Published 28 Jun, 2022 06:10am

Taxes

Federal Capital: Majority of restaurants, eateries involved in ST evasion

ISLAMABAD: A majority of restaurants and eateries in the federal capital are involved in massive sales tax evasion...

Updated 28 Jun, 2022 02:13pm

Taxes

Salaried individuals: Expert urges govt to revisit hike in tax liabilities

KARACHI: Economic & financial analyst, Ateeq Ur Rehman has urged the government to revisit its decision about...

Published 28 Jun, 2022 06:10am

Taxes

FBR asks Nadra to improve profiles of non-filers

ISLAMABAD: The Federal Board of Revenue (FBR), Monday, conveyed to the National Database and Registration Authority...

Published 28 Jun, 2022 06:10am

Taxes

FBR forms body to implement IR strategic reform plan

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Steering Committee for implementation of Inland...

Published 28 Jun, 2022 07:13am

Taxes

Supertax timing nullified benefit of Chinese loan: PIAF

LAHORE: The Pakistan Industrial and Traders Associations Front (PIAF) newly-elected Chairman Faheem Ur Rehman Saigol...

Published 27 Jun, 2022 06:06am

Taxes

PHMA chairman slams 10pc supertax on major industries

FAISALABAD: Mian Kashif Zia Chairman of the Pakistan Hosiery Manufacturers and Exporters Association (North Zone),...

Published 26 Jun, 2022 05:44am

Taxes

‘No electronic selection of tax cases for audit during FY2021-22 by FBR’

LAHORE: The Federal Board of Revenue (FBR) had not selected tax cases for audit electronically during the fiscal ...

Published 26 Jun, 2022 05:44am

Taxes

FTO disposes of 2,500 complaints in nine months

LAHORE: Federal Tax Ombudsman (FTO) Dr Muhammad Asif Jah has disposed of 2,500 complaints in nine months of his...

Published 26 Jun, 2022 05:44am

Taxes

Under amended finance bill: Scope of IT and IT-enabled services expanded

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

Published 26 Jun, 2022 05:44am

Taxes

Supertax: revenue impact estimated at Rs80bn

Tax reliefs announced for salaried class on June 10 not only reversed but tax burden on salaried class also considerably increased

Updated 25 Jun, 2022 04:18pm

Taxes

Customs Karachi recover Rs170m smuggled goods

KARACHI: Anti Smuggling team of Customs Enforcement Collectorate Karachi has recovered smuggled goods worth over...

Published 25 Jun, 2022 04:42am

Business & Economy

Super tax a one-time levy, will help narrow budget deficit: Miftah Ismail

Finance minister says tax applicable for FY23, announces reduction in sales tax on large shops

Updated 24 Jun, 2022 05:58pm

Taxes

Pending refunds: FBR rejects pharma industry’s allegations

ISLAMABAD: The Federal Board of Revenue (FBR) has rejected the allegations of the pharmaceutical industry that the...

Published 24 Jun, 2022 06:15am

Taxes

PHMA slams FBR for delay in payment of ST refund claims

LAHORE: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) Central Chairman Shahzad Azam Khan has ...

Published 24 Jun, 2022 07:18am

Taxes

FBR issues draft IT return forms

ISLAMABAD: The Federal Board of Revenue (FBR) has issued the draft Income Tax Return Forms for salaried persons, the...

Published 22 Jun, 2022 05:58am

Taxes

President upholds FTO’s order

ISLAMABAD: The President of Pakistan has upheld the order of Federal Tax Ombudsman (FTO) and directed the Ministry ...

Published 24 Jun, 2022 06:15am

Taxes

FBR issues draft amendments about bonded carriers

ISLAMABAD: The Federal Board of Revenue (FBR) will suspend licences of bonded carriers in cases where their clearing...

Published 22 Jun, 2022 05:58am

Taxes

IT exports: FBR policies, SBP rules hindering growth: minister

ISLAMABAD: Federal Minister for Information Technology and Telecommunications Syed Aminul Haque on Monday said the...

Published 21 Jun, 2022 05:51am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 5 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 5 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 5 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 5 Allied Bank Limited(ABL)	69.13 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 5 Abbott Laboratories (Pakistan) Limited(ABOT)	660.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 5 Alfalah Consumer Index ETF.(ACIETF)	7.77 ▼ 0.00 (0.00%)
Attock Cement / Jul 5 Attock Cement Pakistan Limited(ACPL)	67.12 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 5 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 5 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 5 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 5 Allied Bank Limited(ABL)	69.13 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 5 Abbott Laboratories (Pakistan) Limited(ABOT)	660.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 5 Alfalah Consumer Index ETF.(ACIETF)	7.77 ▼ 0.00 (0.00%)
Attock Cement / Jul 5 Attock Cement Pakistan Limited(ACPL)	67.12 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 4	205.00
USD PKR Interbank Buying / Jul 4	204.80
USD to Japanese Yen / Jul 4	135.87
USD to Swiss Franc / Jul 4	0.96
Pound Sterling to USD / Jul 4	1.29
Euro to USD / Jul 4	1.04
UK LIBOR % / Jul 4	1.57

Stock	Volume
S&P 500 / Jul 4	3825.33
India Sensex / Jul 4	53234.77
Tokyo Nikkei / Jul 4	26153.81
Nasdaq / Jul 4	11127.84
Hang Seng / Jul 4	21830.35
FTSE 100 / Jul 4	7232.65
Dow Jones / Jul 4	31097.26
Germany DAX 30 / Jul 4	12773.38
France CAC40 / Jul 4	5954.65

Item	Value
Crude Oil USD/Barrel / Jul 4	110.43
Karachi Cotton PKR/37.32 KG / Jul 4	16880.00
Gold 10 Grams PKR / Jul 4	118900.00
Gold Spot USD/Ounce / Jul 4	1809.29
Cotton US¢/pound / Jul 4	97.48

Taxes

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