Trends - Ali Pervaiz Malik - Business Recorder

Ali Pervaiz Malik

Govt aims to lower tax rates for formal sectors: MoS

ISLAMABAD: Admitting that Pakistan is amongst the countries which has the highest tax rates, Minister of State for...

Updated 20 Nov, 2024 03:17pm

Salaried class: Govt explains how tax burden can be lessened

Will reduce tax burden on salaried class and withdraw tax on milk if FBR is able to recover Rs 300 billion to Rs 350 billion of tax evasion from non-duty paid and smuggled cigarettes

Updated 15 Nov, 2024 02:55pm

Pakistan

CCP to take up issue of pending court cases/stay orders with AGP

ISLAMABAD: State Minister for Finance and Revenue Ali Pervaiz Malik Wednesday assured the Competition Commission of...

Published 31 Oct, 2024 06:18am

‘No proposal under study on ADR tax exemption for banks’

ISLAMABAD: Minister of State for Finance Ali Perveiz Malik said Wednesday that there is no proposal under...

Updated 24 Oct, 2024 09:36am

Pakistan

NA passes two bills

ISLAMABAD: The National Assembly, Friday, passed “The Deposit Protection Corporation (Amendment) Bill, 2024” to...

Published 19 Oct, 2024 06:48am

APTMA, minister discuss issues facing textile industry

ISLAMABAD: A high-level delegation from the All Pakistan Textile Mills Association (APTMA) on Tuesday held a meeting...

Updated 02 Oct, 2024 09:32am

10-member task force on FBR digitalisation formed

ISLAMABAD: The Prime Minister has constituted a 10-member Task Force on digitalization of Federal Board of Revenue...

Updated 05 Aug, 2024 09:07am

Business & Finance

Major reforms inevitable to create economic stability: Ali Pervaiz

ISLAMABAD: Minister of State for Finance, Revenue and Power Ali Pervaiz Malik said on Sunday that the government...

Published 08 Jul, 2024 06:03am

Markets

LESCO summons meeting of ‘truncated’ BoD

LAHORE: In order to circumvent full scrutiny by its Board of Directors (BoD), the Lahore Electric Supply Company...

Published 06 Jul, 2024 06:48am

Editorials

The budget and the IMF

EDITORIAL: The Minister for State for Finance and Revenue Ali Pervaiz Malik has stated that the point of pushing...

Published 05 Jul, 2024 03:17am

Pakistan

Pakistan has met all requirements for IMF bailout deal, finance official says

Malik says no major issues left to address as Pakistan seeks over $6bn bailout

Updated 03 Jul, 2024 04:41pm

Budget to protect salaried, low-income classes: govt

ISLAMABAD: Minister of State for Finance, Revenue, and Power Division, Ali Pervaiz Malik, said on Sunday that the...

Updated 10 Jun, 2024 08:40am

FBR digitalisation: Aurangzeb discusses ‘quick wins’ with McKinsey head

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday said the government is committed to improving tax...

Updated 04 Jun, 2024 08:52am

Business & Finance

FBR digitisation: Aurangzeb calls for utilisation of PRAL, REMIT data

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has called for using data from PRAL (Pakistan...

Published 03 Jun, 2024 03:23pm

Revenue-based power load-shedding to continue: govt

ISLAMABAD: Minister for Power, Sardar Awais Leghari on Thursday acknowledged that the government is applying revenue...

Updated 31 May, 2024 08:57am

Markets

Power loadshedding to continue on high-loss feeders, says Leghari

Providing electricity to such feeders will add to power sector losses, energy minister says

Updated 30 May, 2024 08:05pm

Markets

Net metering policy likely to be revisited: Leghari

LAHORE: Federal Minister of Energy Sardar Awais Ahmad Khan Leghari has said the government is all committed to...

Published 20 May, 2024 05:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 12	278.30
USD PKR Interbank Buying / Dec 12	278.05
USD to Japanese Yen / Dec 12	153.02
USD to Swiss Franc / Dec 12	0.89
Pound Sterling to USD / Dec 12	1.28
Euro to USD / Dec 12	1.05

Stock	Volume
S&P 500 / Dec 12	6,051.25
India Sensex / Dec 12	81,289.96
Tokyo Nikkei / Dec 12	39,383
Nasdaq / Dec 12	19,902.84
Hang Seng / Dec 12	20,057.76
FTSE 100 / Dec 12	8,311.76
Dow Jones / Dec 12	44,914.12
Germany DAX 30 / Dec 12	20,426.27

Item	Value
Crude Oil USD/Barrel / Dec 12	70.11
Karachi Cotton PKR/37.32 KG / Dec 12	17,585
Gold 10 Grams PKR / Dec 12	243,659.90
Gold Spot USD/Ounce / Dec 12	2,686.82
Cotton US¢/pound / Dec 12	69.62
Petrol/Litre / Dec 13	252.10

Gainers
Losers
Leaders

Stock	Price
Pak Agro Pack. (GEM) / Dec 13 Pak Agro Packaging Limited (GEM)(GEMPAPL)	10 ▲ 1.00 (11.11%)
LSE Financial Serv. / Dec 13 LSE Financial Services Limited(LSEFSL)	15.14 ▲ 1.38 (10.03%)
United Brands / Dec 13 United Brands Limited(UBDL)	24.84 ▲ 2.26 (10.01%)
Arpak Int. / Dec 13 Arpak International Investments Ltd.(ARPAK)	76.32 ▲ 6.94 (10.00%)
Data Agro / Dec 13 Data Agro Limited(DAAG)	104.61 ▲ 9.51 (10.00%)
MCB Invest. Managmt. / Dec 13 MCB Investment Management Limited(MCBIM)	71.50 ▲ 6.50 (10.00%)
MithchellsFruit / Dec 13 Mitchells Fruit Farms Limited(MFFL)	231.48 ▲ 21.04 (10.00%)
Pakistan Cables / Dec 13 Pakistan Cables Limited(PCAL)	180.14 ▲ 16.38 (10.00%)
Masood Textile / Dec 13 Masood Textile Mills Limited(MSOT)	58.15 ▲ 5.28 (9.99%)

Stock	Price
Blue-Ex Ltd / Dec 13 Blue-Ex Limited (GEM)(GEMBLUEX)	32.99 ▼ -3.66 (-9.99%)
F.Credit & Inv / Dec 13 First Credit and Investment Bank Limited(FCIBL)	7.06 ▼ -0.63 (-8.19%)
Bhanero Textile / Dec 13 Bhanero Textile Mills Limited(BHAT)	790 ▼ -60.00 (-7.06%)
Pakistan Hotels Developers / Dec 13 Pakistan Hotels Developers Limited(PHDL)	56.20 ▼ -4.09 (-6.78%)
Saritow Spinning / Dec 13 Saritow Spinning Mills Limited(SSML)	8.65 ▼ -0.60 (-6.49%)
Ghani Chem. Ind. / Dec 13 Ghani Chemical Industries Limited(GCIL)	15.30 ▼ -0.98 (-6.02%)
Calcorp Ltd / Dec 13 Calcorp Limited(CASH)	25.55 ▼ -1.48 (-5.48%)
Hallmark Co. / Dec 13 Hallmark Company Limited(HCL)	757.60 ▼ -42.93 (-5.36%)
Trust Mod. / Dec 13 Trust Modaraba(TRSM)	3.73 ▼ -0.20 (-5.09%)

Stock	Volume
WorldCall Telecom / Dec 13 Worldcall Telecom Limited(WTL)	232,925,553 ▲ 0.03
Cnergyico PK / Dec 13 Cnergyico PK Limited(CNERGY)	80,186,381 ▼ -0.19
Pak Int.Bulk / Dec 13 Pakistan International Bulk Terminal(PIBTL)	70,681,266 ▲ 0.32
K-Electric Ltd. / Dec 13 K-Electric Limited(KEL)	59,689,845 ▼ -0.17
Fauji Foods Ltd / Dec 13 Fauji Foods Limited(FFL)	49,273,861 ▼ -0.15
Lotte Chemical / Dec 13 Lotte Chemical Pakistan Limited(LOTCHEM)	45,989,291 ▼ -0.84
Sui South Gas / Dec 13 Sui Southern Gas Company Limited(SSGC)	38,442,527 ▼ -1.31
Treet Corp / Dec 13 Treet Corporation Limited(TREET)	30,726,759 ▲ 0.71
Hascol Petrol / Dec 13 Hascol Petroleum Limited(HASCOL)	29,707,822 ▼ -0.49

Markets →

Budget 2024-25: income tax calculator for FY25

Ali Pervaiz Malik

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