Topic

FBR and taxes

FBR’s tax collection hits Rs7tr, says Dar

Updated 27 Jun, 2023 05:40pm

The Federal Board of Revenue (FBR) has collected Rs7 trillion in tax revenue till June 26, said Finance Minister...

Pakistan will look to impose Rs215bn additional taxes after IMF talks: Dar

Updated 25 Jun, 2023 09:00pm

Finance minister says 'we have ensured impact of these taxes will not be passed to downtrodden' in address to wind up Federal Budget 2023-24 debate in National Assembly

Sales tax evasion worth billions of rupees detected

Published 22 Jun, 2023 05:45am

ISLAMABAD: The Directorate of Intelligence & Investigation (Inland Revenue) Lahore has detected sales tax ...

FBR introduces new tax return form for SMEs

Published 22 Jun, 2023 05:45am

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a new income tax return form for the Small and Medium...

Collection of duties & taxes: FBR field formations to observe extended working hours

Published 21 Jun, 2023 05:21am

ISLAMABAD: All field formations of the Federal Board of Revenue (FBR) will remain open on June 24 (Saturday) and ...

Point of sale: FBR directed to issue instructions to field formations

Published 09 Jun, 2023 06:20am

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue instructions to...

Sindh Revenue Board collects Rs18bn in May, up 28.2% YoY

Published 01 Jun, 2023 03:05pm

During the first 11 months (July-May), SRB collected Rs161.3 billion

FTO proposes FBR to abolish Section 8B of Sales Tax Act

Published 01 Jun, 2023 03:34am

ISLAMABAD: The Federal Tax Ombudsman (FTO) has proposed the Federal Board of Revenue (FBR) to abolish section 8B of...

Market says likelihood of tax on companies’ reserves getting green signal ‘low’

Published 31 May, 2023 06:31pm

Market experts on Wednesday said the likelihood of the government imposing a tax on undistributed profits – reserves...

How deduction for bad debt can be allowed?

Published 31 May, 2023 03:56am

LAHORE: No taxpayer can seek a deduction for a debt as bad debt unless it is treated in the books and accounts as ...

Pakistan will not default, reiterates Ishaq Dar

Published 24 May, 2023 06:00pm

Finance minister says Pakistan will escape current difficult economic circumstances

Field formations can’t deny benefit of exemption to entitled taxpayers

Published 23 May, 2023 06:14am

LAHORE: Field formations of the Federal Board of Revenue (FBR) cannot deny the benefit of an exemption if the...

Pharma sector: FBR likely to come up with tax relief measures

Published 23 May, 2023 06:14am

ISLAMABAD: The Federal Board of Revenue (FBR) is working on tax relief measures for the pharmaceutical sector to be...

Small tax base, high non-compliance incidence causing massive tax evasion

Published 14 May, 2023 03:24am

LAHORE: A relatively small tax base and high levels of non-compliance has resulted in massive tax evasion in ...

FY24: PBC urges govt to set ‘realistic’ tax target for FBR

Published 12 May, 2023 05:59am

ISLAMABAD: Pakistan Business Council (PBC) has asked the government to set a realistic tax target for the Federal...

Towards achieving revenue target

Published 28 Apr, 2023 06:08am

EDITORIAL: The Chairman Federal Board of Revenue (FBR) reportedly shared a detailed plan with Finance Minister Ishaq...

Collection of govt duties, taxes: Banks to stay open on 29th & 30th

Published 27 Apr, 2023 06:24am

KARACHI: Bank branches and field offices of SBP Banking Services Corporation (SBP-BSC) will remain open on 29th and...

Saturday, Sunday: FBR extends working hours

Published 18 Apr, 2023 06:21am

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all Large Taxpayer Offices (LTOs), Medium Tax Offices...

‘Resilience, helplessness or loss of trust?’

Published 15 Apr, 2023 06:19am

This is apropos a Business Recorder op-ed ‘Resilience, helplessness or loss of trust?’ carried by the newspaper...

PHMA urges FBR to expedite disbursement of sales tax refunds

Published 02 Apr, 2023 03:02am

LAHORE: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Saturday asked the Federal Board of...

Single GST return system: FBR, provinces likely to discuss delay soon

Published 14 Mar, 2023 03:18am

ISLAMABAD: The Federal Board of Revenue (FBR) and provinces are expected to sit together during the current week to...

Business community fears FBR harassment: survey

Published 11 Mar, 2023 03:16am

ISLAMABAD: Business community fears harassment by Federal Board of Revenue (FBR), according to the Taxpayers’...

What’s behind lower revenue collection?

Published 10 Mar, 2023 03:46am

EDITORIAL: The shortfall in Federal Board of Revenue’s (FBR’s) collection for the first eight months of the...

Jul-Feb: FBR collection shows Rs240bn shortfall

Updated 05 Mar, 2023 01:42pm

After the imposition of taxes of Rs 170 billion in the mini-budget, the new annual tax target of the FBR fixed at Rs7.64 trillion

Releasing refunds is not wrong, says Shabbar Zaidi

Published 04 Mar, 2023 07:32pm

Former FBR chief says they are handled by field officers

FBR imposes sales tax on import of printed materials

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

FBR and taxes

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