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ATIR

Court-protected period: ATIR DB Islamabad annuls Super Tax default surcharge

Published 08 Jul, 2026 05:27am

ISLAMABAD: A two-member Bench of Appellate Tribunal Inland Revenue Islamabad has set aside default surcharge on...

WHT credit allowed despite CPR section code error: ATIR

Published 08 Jun, 2026 02:29am

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) Islamabad has categorically held that a taxpayer cannot be...

Order passed by commissioner under Sec 111 of IT Ord: ATIR makes major ruling

Published 22 May, 2026 06:05am

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), in a significant ruling, has held that an order passed by...

Lawyers move PM against reinstatement of ATIR Chairman

Updated 04 May, 2026 08:56am

ISLAMABAD: A group of High Court advocates has formally filed a petition with the Prime Minister Shahbaz Sharif,...

ATIR Member Judicial: LHC dismisses intra-court appeal against appointment

Published 26 Apr, 2026 02:16am

ISLAMABAD: The Lahore High Court, Rawalpindi Bench, has dismissed an intra-court appeal challenging the appointment...

Tax cases backlog

Published 24 Apr, 2026 06:50am

Pakistan’s tax litigation crisis is routinely described as a function of capacity constraints—too many cases, too...

Bank granted relief by ATIR Lahore: Minimum tax cannot be imposed without ‘actual tax payable’

Updated 22 Apr, 2026 09:40am

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), Lahore has ruled that minimum tax under Section 113 cannot...

Foreign remittance tax exemption case: ATIR grants relief to software exporter

Published 20 Apr, 2026 05:29am

ISLAMABAD: In a major development for Pakistan’s information technology export sector, the Appellate Tribunal Inland...

Substitution of Sec 11B of Sales Tax law: ATIR flags consequences of legislative errors

Published 17 Apr, 2026 07:37am

ISLAMABAD: In a landmark judgment, the Appellate Tribunal Inland Revenue (ATIR), has outlined the consequences of...

Provinces, not Centre, to levy agri income tax: LHC

Published 16 Apr, 2026 07:38am

ISLAMABAD: The Lahore High Court, Multan Bench, has categorically held that agricultural income is beyond the taxing...

Procedural flaw in Rs880m IT case: ATIR recalls order despite reference pending before LHC

Published 15 Apr, 2026 06:01am

ISLAMABAD: A procedural issue has been witnessed in a high-value income tax case worth approximately Rs 880 million,...

FTO upholds taxpayers’ right to tax record

Published 09 Mar, 2026 05:05am

ISLAMABAD: In order to promote transparency, rule of law, and taxpayer’s empowerment, the Federal Tax Ombudsman...

Capacity payments & minimum tax: IPPs flag concern over ITO reinterpretation

Updated 05 Mar, 2026 09:06am

ISLAMABAD: The country’s Independent Power Producers (IPPs) are raising concerns over the reinterpretation of the...

Tax notices, ATIR ruling: Saif Power can pursue legal remedies: PPIB

Published 05 Mar, 2026 05:31am

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has stated that if Saif Power Limited (SPL) believes...

Failure to produce records before court: ATIR Lahore asks FBR to take strict action against taxmen

Published 04 Mar, 2026 03:57am

ISLAMABAD: Appellate Tribunal of Inland Revenue, Lahore, has directed the Chairman of the Federal Board of Revenue...

CTO: Landmark ATIR judgement exposes ‘conduct’

Updated 02 Mar, 2026 09:14am

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has issued a landmark judgment, exposing the conduct of a...

Strike of ATIR staff brings appellate process to a standstill

Published 17 Feb, 2026 07:22am

KARACHI: A pen-down strike by employees of the Appellate Tribunal Inland Revenue (ATIR), Karachi, has effectively...

Minority lawyer files plea: SC Commission takes action against ATIR Member

Published 19 Jan, 2026 06:59am

ISLAMABAD: The Commission constituted by the Supreme Court of Pakistan to safeguard minority rights in Pakistan, has...

Misuse of system by officials: ATIR directs FBR to take steps to safeguard integrity of e-system

Published 17 Dec, 2025 06:12am

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) has directed the Federal Board of Revenue (FBR) to disable...

IHC rules all tax reference pleas to be sent to ATIR as pending appeals

Updated 15 Nov, 2025 09:27am

ISLAMABAD: The Islamabad High Court (IHC) has held that all tax reference applications filed directly before it...

Section 25 of Sales Tax Act 1990: ATIR annuls commissioner’s audit selection

Updated 03 Nov, 2025 09:27am

ISLAMABAD: In landmark judgement, the Appellate Tribunal Inland Revenue (ATIR) has declared the selection for audit...

FBR has failed to implement ATIR order

Updated 20 Oct, 2025 09:26am

ISLAMABAD: The Federal Board of Revenue (FBR) has failed to implement a key direction issued by the Appellate...

BAA to again become non-functional

Updated 10 Oct, 2025 09:22am

ISLAMABAD: The Benami Adjudicating Authority (BAA) would again become non-functional after six months’ period...

Benami adjudicating authority revived

Updated 09 Oct, 2025 09:22am

ISLAMABAD: The federal government Wednesday made Benami Adjudicating Authority, Islamabad functional and appointed...

Section 147 of Income Tax Ordinance 2001: Taxpayers must deposit 90pc advance tax: ATIR Multan

Updated 29 Sep, 2025 09:32am

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), Multan Bench, in a landmark judgment, has held that...

Income derived from foreign currency account: Resident company doesn’t enjoy exemption: IHC

Updated 23 Sep, 2025 09:22am

ISLAMABAD: The Islamabad High Court (IHC) held that the resident company in Pakistan did not enjoy exemption on...

WHT statements defaults: LHC directs ATIR to issue order on FBR’s penalties

Published 17 Sep, 2025 06:20am

ISLAMABAD: The Lahore High Court (LHC) has passed a landmark order in favour of FBR regarding the deletion of...

Rs50,000 court fee per reference: Taxpayers likely to get big relief

Updated 05 Sep, 2025 09:27am

ISLAMABAD: The federal government is considering ending a major violation of Constitution of Pakistan committed by...

Serving notices to taxpayers: ATIR says IRIS is not ‘legally prescribed medium’

Published 26 Aug, 2025 05:32am

ISLAMABAD: A two-member bench of Appellate Tribunal Inland Revenue Islamabad has categorically declared that the...

FED related cases: FBR allows direct ATIR appeals

Updated 15 Aug, 2025 08:43am

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed sales taxpayers to directly file an appeal against the FBR...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 7	278.30
USD PKR Interbank Buying / Jul 7	278.10
USD to Japanese Yen / Jul 7	162.30
USD to Swiss Franc / Jul 7	0.81
Pound Sterling to USD / Jul 7	1.34
Euro to USD / Jul 7	1.14
SOFR % / Jul 7	3.66

Stock	Volume
S&P 500 / Jul 7	7,503.85
India Sensex / Jul 7	78,180.72
Tokyo Nikkei / Jul 7	68,256.96
Nasdaq / Jul 7	25,818.69
Hang Seng / Jul 7	23,496.89
FTSE 100 / Jul 7	10,665.88
Dow Jones / Jul 7	52,925.15
Germany DAX 30 / Jul 7	25,465.25
France CAC40 / Jul 7	8,436.24

Item	Value
Crude Oil USD/Barrel / Jul 7	72.38
Karachi Cotton PKR/37.32 KG / Jul 7	17,880
Gold 10 Grams PKR / Jul 7	372,887
Gold Spot USD/Ounce / Jul 7	4,105.43
Cotton US¢/pound / Jul 7	81.29
Petrol/Litre / Jul 8	297.53
Diesel/Litre / Jul 8	309.50

Gainers
Losers
Leaders

Stock	Price
Tariq Corp. (R) / Jul 7 Tariq Corporation Limited(Right)(TCORPR2)	6.42 ▲ 1 (18.45%)
Hira Textile / Jul 7 Hira Textile Mills Limited(HIRAT)	8 ▲ 0.96 (13.64%)
Azgard Nine (Non-Voti) / Jul 7 Azgard Nine (Non-Voti)(ANLNV)	9 ▲ 1 (12.5%)
Ittefaq Iron Ind / Jul 7 Ittefaq Iron Industries Limited(ITTEFAQ)	9.70 ▲ 1 (11.49%)
First Punjab Modaraba / Jul 7 First Punjab Modaraba(FPJM)	9.23 ▲ 0.86 (10.27%)
AN Textile Mills / Jul 7 AN Textile Mills Limited(ANTM)	54.84 ▲ 4.99 (10.01%)
Samba Bank / Jul 7 Samba Bank Limited(SBL)	12.64 ▲ 1.15 (10.01%)
EMCO Industries / Jul 7 Emco Industries Limited(EMCO)	54.53 ▲ 4.96 (10.01%)
Baba Farid Sugar / Jul 7 Baba Farid Sugar Mills Limited(BAFS)	356.50 ▲ 32.41 (10%)
Cresent Jute / Jul 7 Crescent Jute Products Limited(CJPL)	15.29 ▲ 1.39 (10%)

Stock	Price
Dewan Farooque Sp. / Jul 7 Dewan Farooque Spinning Mills Limited(DFSM)	29.58 ▼ -3.29 (-10.01%)
Hala Enterprise / Jul 7 Hala Enterprises Limited(HAEL)	33.02 ▼ -3.67 (-10%)
Khairpur Sug. / Jul 7 Khairpur Sugar Mills Limited(KPUS)	1,911.22 ▼ -212.36 (-10%)
S.G.Power / Jul 7 S.G. Power Limited(SGPL)	105.61 ▼ -11.73 (-10%)
Tandlianwala Sugar / Jul 7 Tandlianwala Sugar Mills Limited(TSML)	809.92 ▼ -89.99 (-10%)
First Fid. Leasing / Jul 7 First Fidelity Leasing Modaraba(FFLM)	19.47 ▼ -2.16 (-9.99%)
Dewan Textile / Jul 7 Dewan Textile Mills Limited(DWTM)	10.11 ▼ -1.12 (-9.97%)
Chashma / Jul 7 Chashma Sugar Mills Limited(CHAS)	119.48 ▼ -12.01 (-9.13%)
Burshane LPG / Jul 7 Burshane LPG (Pakistan) Limited(BPL)	52.20 ▼ -3.28 (-5.91%)
Sardar Chemical / Jul 7 Sardar Chemical Industries Limited(SARC)	90 ▼ -5.51 (-5.77%)

Stock	Volume
TPL REIT Fund I / Jul 7 TPL REIT Fund I(TPLRF1)	75,603,990 ▲ 0.15
TPL Properties / Jul 7 TPL Properties Limited(TPLP)	72,310,395 ▲ 0.83
B.O.Punjab / Jul 7 The Bank of Punjab(BOP)	60,291,992 ▲ 0.29
LSE Capital / Jul 7 LSE Capital Limited(LSECL)	37,457,945 ▲ 0.38
TPL Corp Ltd / Jul 7 TPL Corp Limited(TPL)	28,590,253 ▲ 0.5
Cnergyico PK / Jul 7 Cnergyico PK Limited(CNERGY)	28,117,353 ▲ 0.01
Pak Elektron / Jul 7 Pak Elektron Limited(PAEL)	26,932,075 ▲ 0.51
Siddiqsons Tin / Jul 7 Siddiqsons Tin Plate Limited(STPL)	26,041,247 ▲ 0.31
Thatta Cement / Jul 7 Thatta Cement Company Limited(THCCL)	20,366,443 ▲ 5.12
Agha Steel Ind. / Jul 7 Agha Steel Ind.Ltd(AGHA)	18,254,907 ▲ 0.2

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