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Dr Muhammad Ashfaq Ahmed

Amount involved in pending court cases touches Rs2.58trn mark

Published 29 Nov, 2022 05:57am

ISLAMABAD: The amount involved in tax-related cases under litigation now stands at nearly Rs2,582 billion and the...

‘No electronic selection of tax cases for audit during FY2021-22 by FBR’

Published 26 Jun, 2022 05:44am

LAHORE: The Federal Board of Revenue (FBR) had not selected tax cases for audit electronically during the fiscal ...

Change of guard in FBR leads to end of creating excessive tax demands

Published 31 May, 2022 05:11am

LAHORE: A change of guard in the Federal Board of Revenue (FBR) has led to an end to the culture of creating...

New FBR Chairman: Cabinet may consider appointment today

Updated 27 Apr, 2022 10:21am

ISLAMABAD: The meeting of the federal cabinet scheduled to be held on Wednesday (today) is likely to consider...

Identification of non-filers, under-filers: Protocols being finalised to integrate data with Nadra: FBR

Updated 21 Apr, 2022 10:30am

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed Wednesday said the Board is still in the...

Tax targets agreed with IMF must stay on track: PM

Updated 16 Apr, 2022 10:37am

Prime Minister Shehbaz Sharif directs Federal Board of Revenue to achieve upward revised revenue collection target of Rs6.1 trillion for 2021-22

Fertilizer firms being issued show-cause notices despite SRO compliance

Updated 02 Apr, 2022 10:28am

ISLAMABAD: In spite of due compliance of relevant SRO, the Federal Board of Revenue (FBR)’s field formations are...

‘Trade facilitation is top priority after revenue generation’: FBR chief

Updated 24 Mar, 2022 10:36am

KARACHI: Federal Board of Revenue Chairman Dr Muhammad Ashfaq Ahmed has said trade facilitation is a top priority...

Tax compliance: Only 20pc of retail sector turnover visible to FBR: Ashfaq

Published 16 Mar, 2022 05:40am

ISLAMABAD: Chairman FBR/ Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed said Tuesday that the annual business...

Allegations of favouring six big companies: PAC accepts FBR’s ‘clean chit’ to Shabbar Zaidi’s response

Published 25 Feb, 2022 06:19am

ISLAMABAD: The Public Accounts Committee (PAC), on Thursday, accepted the response of the Federal Board of Revenue...

Rs3.5bn revenue stuck: New IR court to expedite tax-related litigation processes: Dr Ashfaq

Updated 17 Feb, 2022 10:08am

ISLAMABAD: The government will establish a new court of Inland Revenue to expedite the process of tax-related...

FBR chief lauds fast-paced infrastructure development under PSW

Published 16 Feb, 2022 06:20am

ISLAMABAD: Chairman FBR/Secretary Revenue Division Dr Muhammad Ashfaq Ahmed said the fast paced infrastructure...

Purported favour to 6 big firms: FBR gives its ex-chairman Zaidi a clean chit

Updated 11 Feb, 2022 09:47am

ISLAMABAD: The Federal Board of Revenue (FBR),Thursday, gave a clean chit to the former chairman FBR and top...

Matters relating to sales tax, income tax, FED: FY23 budget to envisage ‘one’ document for business community, general public

Updated 09 Feb, 2022 09:45am

ISLAMABAD: Business community and general public would be able to have ‘’one’’ tax document in budget...

Inland Revenue Code: FBR chief reviews progress

Published 30 Jan, 2022 04:04am

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed, Saturday, reviewed the progress on the...

FBR signs MoU with CBR AJ&K

Published 29 Jan, 2022 06:05am

ISLAMABAD: After the successful launch of its digitised National Sales Tax Return last month, the FBR achieved one...

FBR assures retailers: Issue of input tax adjustment to be resolved soon

Updated 28 Jan, 2022 09:34am

ISLAMABAD: The Federal Board of Revenue (FBR), Thursday, assured the retailers that the issue of input tax ...

FBR chief tells Customs Day gathering: Govt heavily relying on tax machinery

Updated 27 Jan, 2022 09:43am

Fraudulent retailers: FBR chief hints at shutting down businesses

Updated 16 Jan, 2022 09:58am

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed said Saturday that the FBR will close...

Finance (Supplementary) Act, 2022 enforced

Updated 17 Jan, 2022 09:49am

Will withdraw sales tax exemptions to the tune of Rs343 billion from January 16

FBR to present new tax policy framework to cabinet

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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

Dr Muhammad Ashfaq Ahmed

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