Topic

Capital Value Tax

The Budget

Updated 13 Jun, 2026 06:44am

EDITORIAL: The federal finance minister, Senator Muhammad Aurangzeb, presented yesterday the third budget of the...

CVT on foreign assets may go: Rs400-500bn tax measures cleared after IMF nod

Updated 17 May, 2026 05:12pm

New tax policies for FY2026-27, approved by IMF, target Rs 400-500 billion through digital invoicing, expanded sales tax, and enhanced data utilization.

PBC warns of deep-rooted challenges

Updated 22 Apr, 2026 09:39am

ISLAMABAD: The Pakistan Business Council (PBC) has warned that the country is grappling with deep-rooted structural...

Tola suggests MAT via CVT

Published 05 Jun, 2025 06:53am

LAHORE: Taxonomist Ashfaq Yousuf Tola has suggested introduction of Minimum Asset Tax (MAT) via Capital Value Tax...

Housing sector: task force finalises recommendations

Updated 03 Feb, 2025 03:07pm

ISLAMABAD: Task Force for development of housing sector has recommended abolition of section 7E of the Income Tax...

FED on transfer of immoveable property

Updated 12 Jul, 2024 08:55am

“Accordingly CVT was abolished through the Finance Act 2010 as charge and levy of CVT became a provincial subject....

AMENDMENTS ENACTED BY FINANCE ACT, 2024: VIS-À-VIS THOSE PROPOSED IN FINANCE BILL, 2024

Published 01 Jul, 2024 07:01am

The Federal Government presented Finance Bill, 2024 (‘FB’) in the National Assembly on June 12, 2024. After debate...

‘The Federation, in light of Entry 50, cannot tax the capital value of immovable property at all’

Updated 28 Mar, 2024 09:38am

ISLAMABAD: Advocate Raashid Anwer argued that the federation, in light of Entry 50, could not tax the capital value...

FBR collects Rs10bn CVT under different heads in 2022-23

Published 01 Dec, 2023 04:43am

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Capital Value Tax (CVT) of Rs 10 billion under different...

Recovery of CVT under Finance Act 2022: Taxmen’s orders are without jurisdiction: former FBR chief

Updated 24 Oct, 2023 09:38am

ISLAMABAD: All the orders passed by the taxation officers/Inland Revenue officers for the recovery of Capital Value...

FBR refuses to share Politically-Exposed Persons’ data

Updated 07 Aug, 2023 11:44am

Refusal letter says section 216 prohibits disclosure of taxpayer’s information to any individual or authority except those mentioned explicitly in sub section 3 of section 21 of the Ordinance

Sindh CS assures KCCI of resolution of pending issues

Published 15 Jun, 2023 06:03am

KARACHI: Sindh Chief Secretary Dr Muhammad Sohail Rajput has assured KCCI that all important issues pertaining to...

Why accounting methods alone aren’t enough?

Published 01 Jun, 2023 03:34am

EDITORIAL: There are 7.6 million registered direct taxpayers in the country, according to FBR (Federal Board of...

Local, foreign assets: Rs9bn CVT collected so far

Updated 20 May, 2023 12:30pm

ISLAMABAD: The government has so far collected Rs9 billion on account of capital value tax (CVT) on local and...

Finance Act challenged: Taxpayers pay Rs3bn court fees for 6,000 petitions against FBR

Updated 19 Mar, 2023 09:45am

ISLAMABAD: Taxpayers have paid huge amounts of Rs2.5 billion to Rs3 billion as fees for filing 6,000 petitions in...

Over 200 super rich people in Karachi: Recovery proceedings initiated

Updated 18 Mar, 2023 02:08pm

ISLAMABAD: The government has initiated recovery proceedings against over 200 super-rich people of Karachi, who were...

‘Breach of tax amnesty’ IHC issues notices to FBR, AGP

Published 26 Jan, 2023 07:04am

ISLAMABAD: The Islamabad High Court (IHC) issued notices to the Federal Board of Revenue (FBR) and the Attorney...

Rs300bn taxation measures thru Ord on the way

Updated 26 Jan, 2023 09:49am

FBR drafts proposals of new taxation measures to be enforced through the promulgation of the Tax Laws Amendments Ordinance, 2023

LHC has held that Section 8(2) (b) of Finance Act is valid

President Dr Arif Alvi gives approval to the Ordinance on the advice of the prime minister under Article 89(1) of the Constitution

Finance bill further amended

Updated 29 Jun, 2022 10:34am

Amended bill 2022 may reduce 17 per cent sales tax to only one per cent on the import of active pharmaceutical ingredients with continuation of the zero-rating scheme on local sales

Rewriting the finance bill 2022

Updated 27 Jun, 2022 06:30am

EDITORIAL: Never before has a finance bill after its presentation in parliament been revised, nay re-written, and...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 24	278.07
USD PKR Interbank Buying / Jul 24	277.87
USD to Japanese Yen / Jul 24	163.83
USD to Swiss Franc / Jul 24	0.82
Pound Sterling to USD / Jul 24	1.33
Euro to USD / Jul 24	1.14
SOFR % / Jul 24	3.57

Stock	Volume
S&P 500 / Jul 24	7,411.98
India Sensex / Jul 24	76,059.77
Tokyo Nikkei / Jul 24	64,611.15
Nasdaq / Jul 24	24,975.82
Hang Seng / Jul 24	24,963.23
FTSE 100 / Jul 24	10,736.23
Dow Jones / Jul 24	51,947.25
Germany DAX 30 / Jul 24	25,099
France CAC40 / Jul 24	8,372.28

Item	Value
Crude Oil USD/Barrel / Jul 24	89.31
Karachi Cotton PKR/37.32 KG / Jul 24	18,680
Gold 10 Grams PKR / Jul 24	366,457
Gold Spot USD/Ounce / Jul 24	4,052.79
Cotton US¢/pound / Jul 24	79.98
Petrol/Litre / Jul 25	331.52
Diesel/Litre / Jul 25	378.66

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Jul 24 Media Times Limited(MDTL)	6.38 ▲ 1 (18.59%)
First Punjab Modaraba / Jul 24 First Punjab Modaraba(FPJM)	10.44 ▲ 0.97 (10.24%)
First Fid. Leasing / Jul 24 First Fidelity Leasing Modaraba(FFLM)	14.92 ▲ 1.36 (10.03%)
First IBL Mod. / Jul 24 First IBL Modaraba(FIBLM)	15.15 ▲ 1.38 (10.02%)
Metro Steel / Jul 24 Metropolitan Steel Corporation Limited(MSCL)	22.41 ▲ 2.04 (10.01%)
UDL International / Jul 24 UDL International Limited(UDLI)	21.77 ▲ 1.98 (10.01%)
Asia Ins. / Jul 24 Asia Insurance Company Limited(ASIC)	54.95 ▲ 5 (10.01%)
Olympia Mills / Jul 24 Olympia Mills Limited(OML)	173.26 ▲ 15.75 (10%)
Fateh Sports / Jul 24 Fateh Sports Wear Limited(FSWL)	172.68 ▲ 15.7 (10%)
Ashfaq Textile / Jul 24 Ashfaq Textile Mills Limited(ASHT)	31.49 ▲ 2.86 (9.99%)

Stock	Price
Khairpur Sug. / Jul 24 Khairpur Sugar Mills Limited(KPUS)	1,105.08 ▼ -122.79 (-10%)
Shadman Cotton / Jul 24 Shadman Cotton Mills Limited(SHCM)	52.81 ▼ -5.84 (-9.96%)
Shams Textile / Jul 24 Shams Textile Mills Limited(STML)	53.26 ▼ -5.88 (-9.94%)
Power Cem(Pref) / Jul 24 Power Cement (Pref)(POWERPS)	23.51 ▼ -2.54 (-9.75%)
Janana De Malucho / Jul 24 Janana De Malucho Textile Mills Limited(JDMT)	139.77 ▼ -14.79 (-9.57%)
East West Ins. / Jul 24 East West Insurance Company Limited(EWIC)	48.10 ▼ -4.36 (-8.31%)
Elahi Cotton / Jul 24 Elahi Cotton Mills Limited(ELCM)	208.50 ▼ -18.84 (-8.29%)
J.A.Textile / Jul 24 J.A. Textile Mills Limited(JATM)	32.13 ▼ -2.85 (-8.15%)
Suhail Jute / Jul 24 Suhail Jute Mills Limited(SUHJ)	201.90 ▼ -17.58 (-8.01%)
Lotte Chemical / Jul 24 Lotte Chemical Pakistan Limited(LOTCHEM)	26.81 ▼ -2.31 (-7.93%)

Stock	Volume
Cnergyico PK / Jul 24 Cnergyico PK Limited(CNERGY)	59,327,773 ▲ 0.19
Trust Sec.& Brok. / Jul 24 Trust Securities & Brokerage Limited(TSBL)	36,977,902 ▲ 0
Kohinoor Spinning / Jul 24 Kohinoor Spinning Mills Limited(KOSM)	32,626,744 ▲ 0.51
Pak Refinery / Jul 24 Pakistan Refinery Limited(PRL)	24,565,429 ▲ 0.6
WorldCall Telecom / Jul 24 Worldcall Telecom Limited(WTL)	21,618,473 ▲ 0.01
B.O.Punjab / Jul 24 The Bank of Punjab(BOP)	20,591,638 ▼ -0.34
TPL Properties / Jul 24 TPL Properties Limited(TPLP)	19,232,151 ▼ -0.25
K-Electric Ltd. / Jul 24 K-Electric Limited(KEL)	18,140,027 ▲ 0.08
Media Times Ltd / Jul 24 Media Times Limited(MDTL)	15,731,176 ▲ 1
Waves Home Appliances / Jul 24 Waves Home Appliances Limited(WAVESAPP)	13,338,005 ▲ 0.56

Capital Value Tax

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