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ATIR

No super tax payable on income falling under FTR: Karachi ATIR

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), Karachi, has declared that no super tax is payable on...

Updated 23 May, 2024 08:45am

Pakistan

Reserved appeals/applications: ATIR chairman directs judicial members to write judgments

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) chairman has directed judicial members, whose tenure will...

Published 15 May, 2024 05:47am

ATIR rules approved: Special body formed to consult on PECA amendments

ISLAMABAD: The federal cabinet has decided to set up a special committee for consultation on amendments in Pakistan...

Updated 15 May, 2024 08:53am

Liquidation of appeals before IR, ATIR: Tax Laws Act to be effective from May 6

ISLAMABAD: The government has enforced the Tax Laws (Amendment) Act, 2024 from May 6, 2024, in an attempt to...

Updated 08 May, 2024 08:48am

Pakistan

NA passes tax law amendment bill amid ruckus

ISLAMABAD: Amid uproar and walkouts by Pakistan Tehreek-e-Insaf (PTI)-backed Sunni Ittehad Council (SIC) lawmakers,...

Published 30 Apr, 2024 03:43am

Appointment of ATIR members: No procedure prescribed as per rules: IHC

ISLAMABAD: The Islamabad High Court (IHC) observed that no procedure has been prescribed for appointment of members...

Updated 29 Apr, 2024 09:22am

Opinion

Realignment of appellate forums

Introduction A bill under the title the Tax Laws (Amendment) Act, 2024 has been laid down before the National...

Published 28 Apr, 2024 02:56am

Business & Finance

Pending litigation cases: nearly 80% amount with Appellate Tribunal, Collectors/Commissioners (Appeal)

Contrary to what authorities would have you believe, an amount of nearly Rs2.88 trillion remained stuck in the...

Published 25 Apr, 2024 06:57pm

Liquidation of certain appellate fora: Cabinet approves amendments to tax laws

Cabinet informed that FBR had been constantly trying to ensure prompt disposal of litigation cases

Updated 25 Apr, 2024 09:42am

Pakistan

ATIR members: Law ministry asked to initiate appointment process

ISLAMABAD: The Federal Ministry of Law and Justice has been asked to initiate the process for the appointment of...

Published 05 Apr, 2024 04:50am

Business & Finance

Tax advisers write to FBR: ‘Abolition of Commissioner’s post won’t improve ATIR’s working’

ISLAMABAD: Tax advisers have apprehended that the abolition of the post of Commissioner Inland Revenue (Appeals) ...

Published 04 Apr, 2024 04:56am

Pakistan

ATIR’s appointment: IHC summons law secretary

ISLAMABAD: Chief Justice of Islamabad High Court has summoned Law Secretary to submit the relevant record in a...

Published 26 Feb, 2024 05:07am

Appointment of ATIR chief, judicial members: LHC DB suspends its single-member bench’s judgment

ISLAMABAD: A division bench of the Lahore High Court (LHC) suspended its single-judge judgment regarding the...

Updated 25 Jan, 2024 09:10am

‘Implementation of ATIR’s orders’: President rejects appeal of LTO Islamabad

ISLAMABAD: President Arif Alvi has rejected the stance of Large Taxpayer Office (LTO) Islamabad and declared that...

Updated 01 Jan, 2024 09:21am

Business & Finance

ATIR Lahore explains how foreign companies should approach

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Lahore has unanimously held that the foreign companies have...

Published 31 Dec, 2023 03:04am

ATIR’s orders: FTO explains what actually constitutes maladministration

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is in...

Updated 22 Dec, 2023 09:03am

Appointment Rules of 2020: LHC declares appointment of chairman, members ATIR illegal

ISLAMABAD: The Lahore High Court (LHC) declared the appointment of members and chairman Appellate Tribunal, Inland...

Updated 20 Dec, 2023 09:22am

Case of getting inadmissible tax refunds: ATIR turns down rectification plea filed by Chinese firm

ISLAMABAD: The Full Bench of the Appellate Tribunal Inland Revenue (ATIR) has imposed costs and dismissed...

Updated 18 Dec, 2023 09:14am

Pakistan

ATIR members: Expat requests CJP to order probe into appointment

ISLAMABAD: An overseas Pakistani barrister of Lincoln’s Inn, UK has requested the chief justice of Pakistan to...

Published 22 Nov, 2023 05:48am

Working on contract basis: Ministry asked to serve notices on 10 judicial members

ISLAMABAD: The Chief Justice Islamabad High Court (IHC) has observed that non-filing of replies/ comments by ten...

Updated 20 Nov, 2023 09:04am

LHC dismisses plea against ATIR member’s appointment

ISLAMABAD: The Lahore High Court (LHC), on Wednesday, dismissed a petition filed against the appointment of the...

Updated 02 Nov, 2023 09:31am

Pakistan

Delay in refund payment despite ATIR order: IHC directs FBR to pay adjournment cost to counsels

ISLAMABAD: Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) to pay an adjournment cost of...

Published 01 Nov, 2023 05:57am

Taxpayers’ queries: FTO concerned at FBR Member’s lack of response

ISLAMABAD: Federal Tax Ombudsman (FTO) has regretted that the Federal Board of Revenue (FBR) Member Legal has wasted...

Updated 17 Oct, 2023 08:29am

Clarification of ATIR orders: FTO summons FBR’s Member Legal (IR) over ‘inaction’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Member Legal (Inland Revenue) Federal Board of Revenue (FBR)...

Updated 22 Aug, 2023 08:57am

Without recovery notice: ATIR allows admission of fresh stay applications

KARACHI: Appeals Tribunal Inland Revenue (ATIR) has now allowed the admission of fresh stay applications without...

Updated 19 Aug, 2023 08:44am

Stay pleas sans recovery notice being rejected by ATIR: KTBA

KARACHI: Appeals Tribunal Inland Revenue (ATIR) has started refusing to admit stay applications without recovery...

Updated 16 Aug, 2023 10:44am

Business & Finance

FTO to conduct probe against FBR’s Member Legal IR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has decided to conduct an investigation against the Member Legal Inland...

Published 01 Aug, 2023 06:19am

‘Appointment of ineligible person’: LHC issues notices to PM, others

ISLAMABAD: Lahore High Court (LHC) has issued notices to Prime Minister Shehbaz Sharif, Secretaries Establishment...

Updated 29 Jun, 2023 09:12am

Pakistan

Appointment of ATIR: IHC issues notices to PM, others

ISLAMABAD: The Islamabad High Court (IHC) chief justice has issued notices to Prime Minister Shehbaz Sharif,...

Published 23 Jun, 2023 06:00am

Pakistan

Non-implementation of ATIR order: IHC issues notices to Member IRO FBR, and others

ISLAMABAD: The Islamabad High Court (IHC) has issued notices to Member Inland Revenue Operations, Federal Board of...

Published 19 May, 2023 06:17am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 22	278.62
USD PKR Interbank Buying / May 22	278.42
USD to Japanese Yen / May 22	156.82
USD to Swiss Franc / May 22	0.92
Pound Sterling to USD / May 22	1.27
Euro to USD / May 22	1.08

Stock	Volume
S&P 500 / May 22	5307.01
India Sensex / May 22	74221.06
Tokyo Nikkei / May 22	38876.82
Nasdaq / May 22	16801.54
Hang Seng / May 22	19024.41
FTSE 100 / May 22	8370.33
Dow Jones / May 22	39671.04
Germany DAX 30 / May 22	18680.20

Item	Value
Crude Oil USD/Barrel / May 22	76.88
Karachi Cotton PKR/37.32 KG / May 22	19935
Gold 10 Grams PKR / May 22	212791
Gold Spot USD/Ounce / May 22	2371.48
Cotton US¢/pound / May 22	79
Petrol/Litre / May 23	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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