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Commissioner Inland Revenue

Federation, FBR and CIR party to 650+ connected cases: Maintainability objection ought to be rejected, FCC told

Published 25 Jan, 2026 06:01am

ISLAMABAD: The Federal Constitutional Court (FCC) was informed that in over 650 connected cases wherein federation,...

IHC slaps Rs0.1m fine on CIR

Published 15 Jan, 2026 06:31am

ISLAMABAD: The Islamabad High Court (IHC) has slapped a Rs100,000 fine on Commissioner Inland Revenue, Islamabad...

Matters of registered taxpayers: FBR reduces time limit for granting condonation

Published 10 Jan, 2026 06:29am

ISLAMABAD: Taking a policy measure against taxpayers, the Federal Board of Revenue (FBR) has reduced the time limit...

Lawyers seek LHC’s support: Police refuse to register FIR against CIR despite judicial order

Published 09 Jan, 2026 07:53am

ISLAMABAD: Punjab Police had allegedly refused to register an First Information Report (FIR) against a Commissioner...

What legal right or pecuniary interest FBR has to challenge statutory provisions before HC, counsel for taxpayers asks

Published 08 Jan, 2026 06:20am

ISLAMABAD: Makhdoom Ali Khan, a counsel for taxpayers, questioned what legal right or pecuniary interest the Federal...

ASJ orders registration of FIR against CIR

Published 06 Jan, 2026 06:22am

ISLAMABAD: The Court of Additional Sessions Judge, Lahore (ASJ) has directed IG Police, Punjab to immediately...

Dept’s doors always open for traders, taxpayers: RTO

Published 14 Nov, 2025 07:54am

PESHAWAR: Commissioner Inland Revenue, Peshawar Zone, Regional Tax Office (RTO) Peshawar, Dr Syed Farooq Jamil, has...

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...

Executive can’t override policy decisions: LHC

Published 26 Oct, 2025 05:51am

LAHORE: The Lahore High Court (LHC) held that an executive authority cannot override, alter or limit a policy...

Industrial connections of electricity, gas: Discos/Gascos barred from changing NTNs, STRNs sans CIR permission

Updated 23 Oct, 2025 08:53am

ISLAMABAD: The Federal Board of Revenue (FBR) has barred utility providing companies (Discos/ GASCOs) from changing...

Amendments to orders for accuracy: Commissioner IR has powers under Sec 221(1) of IT law: SC

Updated 07 Jun, 2025 03:21pm

ISLAMABAD: The Supreme Court ruled that the Commissioner Inland Revenue has jurisdiction under Section 221(1) of...

Income Tax Ordinance 2001: Commissioner does not fall under definition of ‘person’: ATIR Islamabad

Updated 14 Dec, 2024 01:07pm

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad has ruled that commissioner does not fall under...

CIR empowered to condone time-limits

Published 13 Sep, 2024 06:13am

ISLAMABAD: The Federal Board of Revenue (FBR) has empowered Commissioner-Inland Revenue (IR) to condone time-limits...

Commissioner IR tells APTMA member mills: FBR devises three automated systems to streamline payment system

Published 30 Aug, 2024 06:08am

LAHORE: Raza Ashfaq Sheikh, Commissioner Inland Revenue and Member Sales Tax Appellate Tribunal Punjab, has ...

FTO orders’ implementation: IHC issues show cause notice to CIR for filing false statements

Published 20 Aug, 2024 06:55am

ISLAMABAD: Islamabad High Court (IHC) has issued a show cause notice to the Commissioner-Inland Revenue (IR)...

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

Updated 08 May, 2024 08:48am

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

Tax law amendment bill to prove another piece of ineffective legislation?

Updated 26 Apr, 2024 09:20am

ISLAMABAD: On the face of it, The Tax Law Amendment Bill, 2024, is all set to prove another piece of ineffective...

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

Published 25 Apr, 2024 06:57pm

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

Random selection of figures: Commissioner Appeals disapproves assessment order

Published 24 Apr, 2024 03:50am

LAHORE: A commissioner Inland Revenue (Appeals) has disapproved the assessment order after finding that the tax...

Over 27,000 tax-related cases pending: Ord likely to reduce forums of appeals

Updated 31 Mar, 2024 09:47pm

ISLAMABAD: The government is likely to promulgate a Presidential Ordinance to reduce forums of appeals to decide...

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

Published 19 May, 2023 06:17am

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

Ignoring grounds of appeals tantamount to maladministration: FTO

Published 12 Mar, 2023 05:55am

ISLAMABAD: Federal Tax Ombudsman (FTO) has issued an important ruling that the act of non-consideration of all...

IHC refers FBR ‘malpractice’ case to FTO

Updated 22 Aug, 2022 09:34am

ISLAMABAD: Islamabad High Court (IHC) has referred a case to Dr. Asif Mahmood Jah Federal Tax Ombudsman (FTO) to...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

Commissioner Inland Revenue

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