Trends - Dr Muhammad Ashfaq Ahmed

Dr Muhammad Ashfaq Ahmed

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

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

Published 29 Nov, 2022 05:57am

Business & Finance

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

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

Published 26 Jun, 2022 05:44am

Business & Finance

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

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

Published 31 May, 2022 05:11am

New FBR Chairman: Cabinet may consider appointment today

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

Updated 27 Apr, 2022 10:21am

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

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

Updated 21 Apr, 2022 10:30am

Tax targets agreed with IMF must stay on track: PM

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

Updated 16 Apr, 2022 10:37am

Fertilizer firms being issued show-cause notices despite SRO compliance

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

Updated 02 Apr, 2022 10:28am

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

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

Updated 24 Mar, 2022 10:36am

Business & Finance

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

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

Published 16 Mar, 2022 05:40am

Pakistan

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

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

Published 25 Feb, 2022 06:19am

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

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

Updated 17 Feb, 2022 10:08am

Business & Finance

FBR chief lauds fast-paced infrastructure development under PSW

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

Published 16 Feb, 2022 06:20am

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

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

Updated 11 Feb, 2022 09:47am

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

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

Updated 09 Feb, 2022 09:45am

Business & Finance

Inland Revenue Code: FBR chief reviews progress

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

Published 30 Jan, 2022 04:04am

Business & Finance

FBR signs MoU with CBR AJ&K

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

Published 29 Jan, 2022 06:05am

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

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

Updated 28 Jan, 2022 09:34am

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

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

Updated 16 Jan, 2022 09:58am

Finance (Supplementary) Act, 2022 enforced

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

Updated 17 Jan, 2022 09:49am

Business & Finance

FBR to present new tax policy framework to cabinet

ISLAMABAD: To end the policy of tax exemptions in the future, the Federal Board of Revenue (FBR) Chairman, Dr...

Published 11 Jan, 2022 06:33am

FY23 budget: Remaining GST exemptions to be withdrawn: FBR chief

ISLAMABAD: Chairman FBR/Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed said Wednesday that the government will...

Updated 06 Jan, 2022 09:32am

Pakistan

Redressal of problems: FBR chief advises taxpayers to visit RTO, collectorate of customs

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed has advised the taxpayers to visit their...

Published 02 Jan, 2022 05:05am

GST at standard rate of 17pc: ‘Unpopular’ and ‘politically tough’ decisions taken, says FBR

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed said Friday that the government took...

Updated 01 Jan, 2022 12:18pm

Zero-rating regime for pharma sector: Drug prices should come down by 15-20pc: FBR chief

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed Friday said that the prices of the...

Updated 01 Jan, 2022 10:21am

Only Rs2bn impact on the common man: Tarin says IMF programme ‘vital for economy’

ISLAMABAD: Finance Minister Shaukat Tarin on Thursday said that the International Monetary Fund (IMF) programme is...

Updated 31 Dec, 2021 10:18am

FBR chief condemns attack on IRS officer, his friend

ISLAMABAD: Chairman FBR/Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed has condemned the firing incident in...

Updated 28 Dec, 2021 10:16am

Pakistan

Anti-smuggling measures at borders: FBR chief decides to beef up manpower

ISLAMABAD: Dr Muhammad Ashfaq Ahmed, Chairman FBR/Secretary Revenue Division has decided to enhance the manpower of...

Published 20 Dec, 2021 06:29am

Discrepancies in manual data: FBR to switch real-time WHT collection from power consumers

ISLAMABAD: Federal Board of Revenue (FBR) has decided to switch real time collection of withholding tax from...

Updated 11 Dec, 2021 12:37pm

Business & Finance

FBR chief informs envoy: Iranian vehicles’ movement restricted on NCOC’s direction

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed Friday informed Iranian ambassador ...

Published 05 Dec, 2021 04:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Dr Muhammad Ashfaq Ahmed

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