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FBR

FBR chief has pledged to withdraw notices against exchange companies: Malik Bostan

FBR chief has pledged to withdraw notices against exchange companies: Malik Bostan

ECAP chairman says imposition of 16% FED will encourage public towards 'black market'

Updated 22 Jan, 2022 05:26pm

Local supply of plants, machineries: Sales tax zero-rating withdrawn

Print

Local supply of plants, machineries: Sales tax zero-rating withdrawn

FBR says the zero-rating to crude oil, which was withdrawn through Finance Act, 2021 has also been restored from January 16, 2022

Updated 21 Jan, 2022 09:32am

Pharmaceutical sector: FBR says ‘no’ to ST refund at purchase stage

Print

Pharmaceutical sector: FBR says ‘no’ to ST refund at purchase stage

ISLAMABAD: The Federal Board of Revenue (FBR), Thursday, outrightly rejected a demand of the pharmaceutical sector ...

Updated 21 Jan, 2022 11:35am

Restaurants, bakeries, caterers: FBR to charge 17pc sales tax

Print

Restaurants, bakeries, caterers: FBR to charge 17pc sales tax

ISLAMABAD: The Federal Board of Revenue (FBR) will charge 17 percent sales tax on the food, food stuff, and...

Updated 21 Jan, 2022 09:27am

FBR takes major step towards broadening tax base

Business & Finance

FBR takes major step towards broadening tax base

ISLAMABAD: The Federal Board of Revenue (FBR) has finally decided to document the supply chains of wholesalers,...

Updated 21 Jan, 2022 11:41am

Newly-opened, re-designated business accounts: Banks are bound to provide info: FBR

Business & Finance

Newly-opened, re-designated business accounts: Banks are bound to provide info: FBR

ISLAMABAD: Banks are now bound to provide information of newly-opened or re-designated business bank accounts to the...

Updated 21 Jan, 2022 11:24am

Rotten to the core

Editorials

Rotten to the core

EDITORIAL: It was indeed gracious of President Arif Alvi to apologise on behalf of his government to the 83-year-old...

Published 21 Jan, 2022 05:27am

FBR reduces annual turnover threshold for cottage industry

Business & Finance

FBR reduces annual turnover threshold for cottage industry

In order to facilitate general consumers, condition of CNIC has been withdrawn in case of payment made through debit/credit card or digital mode

Updated 21 Jan, 2022 11:34am

‘Mini-budget’: concern voiced over ‘unnecessary’ amendments

Pakistan

‘Mini-budget’: concern voiced over ‘unnecessary’ amendments

RAWALPINDI: “The Federal Board of Revenue (FBR) has introduced a number of unnecessary amendments in the Finance...

Published 20 Jan, 2022 04:21am

Deal with taxpayers fairly, SC tells FBR

Pakistan

Deal with taxpayers fairly, SC tells FBR

ISLAMABAD: The Supreme Court asked the Federal Board of Revenue (FBR) to act fairly in dealing with the taxpayers ...

Published 20 Jan, 2022 04:21am

KTBA concerned over ‘anomalies’ in SSTR

Pakistan

KTBA concerned over ‘anomalies’ in SSTR

KARACHI: Karachi Tax Bar Association (KTBA) on Wednesday said that Federal Board of Revenue (FBR) has uploaded ...

Published 20 Jan, 2022 04:21am

Tobacco products: tax stamps/UIMs made mandatory

Business & Finance

Tobacco products: tax stamps/UIMs made mandatory

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the cigarette manufactures not to remove tobacco products...

Published 20 Jan, 2022 04:21am

Documentation, reporting: Tier-I retailers told to install debit, credit card machines

Business & Finance

Documentation, reporting: Tier-I retailers told to install debit, credit card machines

ISLAMABAD: To avoid cash transactions, the Federal Board of Revenue (FBR) has directed all integrated Tier-I...

Published 20 Jan, 2022 04:21am

Number of SECP-registered companies increases to 158,577: TY2020: 58,779 companies file returns

Business & Finance

Number of SECP-registered companies increases to 158,577: TY2020: 58,779 companies file returns

ISLAMABAD: The registered companies with the Securities and Exchange Commission of Pakistan (SECP) increased to...

Published 20 Jan, 2022 04:21am

Declaration filed thru PSW system: Condition of upfront payment of duties, taxes waived

Business & Finance

Declaration filed thru PSW system: Condition of upfront payment of duties, taxes waived

ISLAMABAD: To facilitate importers, the Federal Board of Revenue (FBR) Tuesday announced that the condition of...

Published 19 Jan, 2022 06:15am

FBR cuts ST on petrol

Business & Finance

FBR cuts ST on petrol

ISLAMABAD: The Federal Board of Revenue (FBR) has reduced sales tax on petrol from 4.77 percent to 2.50 percent from...

Published 19 Jan, 2022 06:15am

New tables to be re-notified on Feb 1: Property valuation rates held in abeyance

Print

New tables to be re-notified on Feb 1: Property valuation rates held in abeyance

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday held in abeyance the new property valuation rates notified...

Updated 19 Jan, 2022 09:26am

Foreign investors operating in EPZ: FBR ‘inadvertently’ withdraws tax exemption

Print

Foreign investors operating in EPZ: FBR ‘inadvertently’ withdraws tax exemption

ISLAMABAD: The Federal Board of Revenue (FBR) has inadvertently withdrawn sales tax exemption to the foreign...

Updated 18 Jan, 2022 09:45am

Deadline for filing of ST returns extended

Print

Deadline for filing of ST returns extended

ISLAMABAD: The Federal Board of Revenue (FBR) has extended dates for filing of Annex-C, payment and filing of sales...

Updated 18 Jan, 2022 09:23am

Cabinet refuses extension to EDB CEO

Print

Cabinet refuses extension to EDB CEO

ISLAMABAD: Ministry of Industries and Production (MoI&P) is said to have failed to get Federal Cabinet’s nod...

Updated 18 Jan, 2022 09:26am

PRA extends tax payment deadline to 24th

Business & Finance

PRA extends tax payment deadline to 24th

LAHORE: The Punjab Revenue Authority (PRA) has extended payment date of sales tax up to 24th January 2022. ...

Published 18 Jan, 2022 04:20am

Leather exporters paid tax refunds of Rs1.60bn

Business & Finance

Leather exporters paid tax refunds of Rs1.60bn

KARACHI: Leather exporters have received tax refunds of total Rs1.60 billion in the last six months, compared to Rs1...

Published 18 Jan, 2022 04:20am

President dismayed by shabby treatment of 82-year-old taxpayer by FBR

Pakistan

President dismayed by shabby treatment of 82-year-old taxpayer by FBR

ISLAMABAD: President Dr Arif Alvi has expressed dismay over the treatment of an 82 years old tax payer by Federal...

Published 17 Jan, 2022 07:06am

Note on the Finance (Supplementary) Act, 2022

Opinion

Note on the Finance (Supplementary) Act, 2022

The National Assembly has passed the Finance (Supplementary) Bill on...

Published 17 Jan, 2022 07:06am

Valuation of properties: FBR has not yet notified revised rates

Print

Valuation of properties: FBR has not yet notified revised rates

ISLAMABAD: The Federal Board of Revenue (FBR) has yet to notify the revised property valuation rates, following the...

Updated 17 Jan, 2022 10:34am

STPF 2020-25: A review—II

Opinion

STPF 2020-25: A review—II

Like previous documents TDAP’s role to enhance and develop Pakistan’s exports has yet again been emphasized. But...

Published 16 Jan, 2022 04:17am

FBR, Ogra, Irsa: LCCI advocates private sector’s representation

Business & Finance

FBR, Ogra, Irsa: LCCI advocates private sector’s representation

LAHORE: The Lahore Chamber of Commerce & Industry has urged the government to ensure adequate representation of...

Published 16 Jan, 2022 04:17am

Finance (Supplementary) Act, 2022 enforced

Print

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

Govt’s powers in relation to SBP explained

Print

Govt’s powers in relation to SBP explained

Hammad Azhar says federal government would own the entire assets of SBP while appointments and removals of governor, deputy governor, and board of directors were also in the domain of the government

Updated 16 Jan, 2022 11:44am

Fraudulent retailers: FBR chief hints at shutting down businesses

Print

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Dow Jones / Apr 26	38239.66
India Sensex / Apr 29	74257.68
Hang Seng / Apr 29	17861.75
FTSE 100 / Apr 29	8179.85
Germany DAX 30 / Apr 29	18202.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold 10 Grams PKR / Apr 29	209105
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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No intention to impose fixed tax on solar, Power Division clarifies

No intention to impose fixed tax on solar, Power Division clarifies

NJLI Sarmaya Growth Fund Rates

Foreign Minister Ishaq Dar appointed as Deputy Prime Minister of Pakistan

Foreign Minister Ishaq Dar appointed as Deputy Prime Minister of Pakistan

Net metering consumers: PD presents buyback rate cut mechanism to prime minister

Net metering consumers: PD presents buyback rate cut mechanism to prime minister

Non-customs duty paid cars

Non-customs duty paid cars

63 vehicles taken away, 51 mobile phones snatched in Islamabad

63 vehicles taken away, 51 mobile phones snatched in Islamabad

Mobile phones: Jul-Mar imports soar 181.26pc to $1.301bn YoY

Mobile phones: Jul-Mar imports soar 181.26pc to $1.301bn YoY

SECP introduces new digital platform

SECP introduces new digital platform

Efforts to outsource airports get good response

Efforts to outsource airports get good response