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FBR

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

Taxpayer can’t be forced to produce record for tax year beyond six years: SC

ISLAMABAD: The Supreme Court of Pakistan has held that the taxpayer cannot be compelled to produce the record for a...

Updated 21 Apr, 2022 10:33am

Business & Finance

FBR constitutes ‘Issues Resolution Committee’ for pharma firms

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a “Issues Resolution Committee” for resolution of...

Published 21 Apr, 2022 05:26am

Business & Finance

RTO postpones ‘POS balloting’

LAHORE: The Regional Tax Office (RTO) Lahore has postponed planned balloting of Point of Sale (POS) in the city on...

Published 21 Apr, 2022 05:26am

Business & Finance

IRS Reform Plan launched: Tax admin to be improved in 4 strategic reform areas

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday launched Inland Revenue Strategic Reform Plan (2021-25)...

Published 21 Apr, 2022 05:26am

Business & Finance

FBR’s IRS Reform Plan launched: Taxpayers to get complete history, summary and snapshots

ISLAMABAD: The Federal Board of Revenue (FBR) will provide complete history, summary and snapshots to taxpayers in a...

Updated 21 Apr, 2022 01:58pm

Business & Finance

Tax evasion: FBR relying on third-party databases

ISLAMABAD: The Federal Board of Revenue (FBR) will be heavily relying on third-party databases including banks,...

Published 21 Apr, 2022 05:26am

Opinion

Back to square one?

After an eventful night in Islamabad the country is back to square one. After three and half years’ rule of...

Updated 20 Apr, 2022 10:43pm

Data exchange / linkages: Economic activities to be documented

ISLAMABAD: The Federal Board of Revenue (FBR) will document economic activities through data exchange/ linkages, to...

Updated 20 Apr, 2022 10:16am

Business & Finance

Transactions across borders: FBR to conduct ‘transfer pricing’ audits

ISLAMABAD: The Federal Board of Revenue (FBR) has drafted an ambitious audit plan to enhance its capacity to conduct...

Published 20 Apr, 2022 05:12am

Business & Finance

FBR’s new reform plan likely to establish sectoral benchmarks

ISLAMABAD: The Federal Board of Revenue (FBR)’s new reform plan would establish sectoral benchmarks to identify ...

Published 20 Apr, 2022 05:12am

Business & Finance

Selected undocumented sectors: FBR plans to conduct physical surveys

ISLAMABAD: The Federal Board of Revenue (FBR) has planned to conduct physical surveys of selected undocumented...

Published 20 Apr, 2022 05:12am

Business & Finance

Compendium on FBR reforms reveals organisational weaknesses

ISLAMABAD: The Federal Board of Revenue (FBR) has accepted that no mechanism exists to conduct independent ...

Published 20 Apr, 2022 05:12am

Business & Finance

PBC urges PM to revive IMF programme, withdraw fuel subsidy

Don’t allow country to experience challenges confronting Sri Lanka, says Pakistan Business Council

Updated 19 Apr, 2022 02:38pm

Opinion

Managing the BoP

Pakistan today faces an incipient financial crisis. Gross foreign exchange reserves of the SBP stand at $10.8 ...

Published 19 Apr, 2022 05:32am

IRS Strategic Reform Plan 2021-24 chalked out

ISLAMABAD: The Federal Board of Revenue (FBR) has chalked out an Inland Revenue Service Strategic Reform Plan...

Updated 19 Apr, 2022 10:38am

Business & Finance

Toll manufacturing on import of input goods: New conditions imposed on user holding contracts

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed new conditions for the user holding contracts for toll...

Published 19 Apr, 2022 05:32am

Business & Finance

Sick industrial units: Tax expert highlights incentives for revival

PESHAWAR: Tax expert Muhammad Umair Zeb has said that the Federal Board of Revenue (FBR) has offered tax incentives...

Published 18 Apr, 2022 06:16am

FBR yet to implement some major reforms

ISLAMABAD: The Federal Board of Revenue (FBR) has yet to implement some major reform initiatives of the former PTI...

Updated 18 Apr, 2022 10:28am

Business & Finance

FY23 Budget proposals: PBC for discouraging cash economy

ISLAMABAD: The Pakistan Business Council (PBC) has proposed to the Federal Board of Revenue (FBR) to introduce...

Updated 17 Apr, 2022 02:22pm

64 units of erstwhile Fata/Pata: FBR unveils import quota details

ISLAMABAD: The Federal Board of Revenue (FBR) has issued unit-wise details of the import quota of raw materials...

Updated 17 Apr, 2022 09:12am

Business & Finance

Name of SPR&S Wing changed

ISLAMABAD: The Federal Board of Revenue (FBR) has changed the name of the Strategic Planning Reforms and Statistics...

Published 16 Apr, 2022 04:10am

Business & Finance

CDPR holds workshop on ‘tax reforms for inclusive, sustainable growth’

LAHORE: The Consortium for Development Policy Research (CDPR) in collaboration with the British High Commission’s...

Published 16 Apr, 2022 04:10am

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

Pakistan

Customs values of branded chocolate spread enhanced

ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has considerably increased customs values up to...

Published 15 Apr, 2022 05:29am

Govt entities: FBR to take policy decision on FTNs

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to take a policy decision on the issuance of Free Tax...

Updated 15 Apr, 2022 10:45am

Business & Finance

FBR deploys Virtual Assessment Module at ports

ISLAMABAD: The Federal Board of Revenue (FBR) has deployed the “Virtual Assessment Module” at ports for...

Published 15 Apr, 2022 05:29am

Business & Finance

FBR asked to deduct IT from salaried employees under Sec 149

KARACHI: Federal Tax Ombudsman (FTO) Karachi on Thursday directed the Federal Board of Revenue (FBR) to deduct ...

Published 15 Apr, 2022 05:29am

Editorials

Pharma sector problems

EDITORIAL: It seems that the pharmaceutical sector is ready to fall head first into a completely unnecessary crisis...

Published 14 Apr, 2022 04:55am

Markets

DGCV revises Customs value of fresh dates

KARACHI: Directorate General Customs Valuation (DGCV) has revised the Customs value of fresh dates under Section 25...

Published 14 Apr, 2022 04:55am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 3 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 3 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 3 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 3 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 3 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 3 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 3 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 3 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 3 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 3 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 3 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 3 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 3 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 3 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 30	204.90
USD PKR Interbank Buying / Jun 30	204.70
USD to Japanese Yen / Jul 1	135.21
USD to Swiss Franc / Jul 1	0.96
Pound Sterling to USD / Jul 1	1.21
Euro to USD / Jul 1	1.04
UK LIBOR % / Jul 1	1.58

Stock	Volume
S&P 500 / Jul 1	3825.33
India Sensex / Jul 1	52907.93
Tokyo Nikkei / Jul 1	26935.62
Nasdaq / Jul 1	11127.84
Hang Seng / Jul 1	21859.79
FTSE 100 / Jul 1	7168.65
Dow Jones / Jul 1	31097.26
Germany DAX 30 / Jul 1	12813.03
France CAC40 / Jul 1	5931.06

Item	Value
Crude Oil USD/Barrel / Jul 1	108.43
Karachi Cotton PKR/37.32 KG / Jul 1	17380.00
Gold 10 Grams PKR / Jul 1	119100.00
Gold Spot USD/Ounce / Jul 1	1811.43
Cotton US¢/pound / Jul 1	97.48

FBR

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