Trends - FBR - Business Recorder

FBR

Restaurants and eateries: RTO Islamabad launches crackdown

ISLAMABAD: The Regional Tax (RTO) Islamabad has launched crackdown against the restaurants and eateries who are...

Updated 10 Feb, 2021 09:43am

FBR reviews fertilizer sector’s tax exemption proposal

ISLAMABAD: The Federal Board of Revenue (FBR) is reviewing a proposal of the fertiliser sector to grant exemption...

Published 10 Feb, 2021 04:12am

Pakistan

Status of FBR tribunals: Parliamentary panel seeks briefing from law ministry

ISLAMABAD: A parliamentary panel sought detailed briefing on the status of the Federal Board of Revenue (FBR)...

Updated 09 Feb, 2021 10:10am

Opinion

Budgetary outcome in 1HFY21

The Federal Budget for 2020-21 which was presented to the National Assembly contains some moderately ambiguous...

Published 09 Feb, 2021 04:43am

Opinion

Benefits of digitizing documents

The puzzle of documentation is not getting solved. The cash (or more broadly the informal) economy is growing ...

Published 07 Feb, 2021 04:07am

Presidential Ordinance: Corporate sector IT exemptions may be withdrawn

ISLAMABAD: The government is likely to withdraw the corporate sector income tax exemptions through a Presidential...

Published 07 Feb, 2021 04:07am

FBR delineates applicability of AMLA

ISLAMABAD: The Anti-Money Laundering Act applies to lawyers and law firms, notaries, other legal professionals,...

Published 07 Feb, 2021 04:07am

Govt mulling slapping additional taxes on cars from next week

ISLAMABAD: The government is considering promulgation of tax amendment ordinance next week, it was learnt on ...

Published 06 Feb, 2021 04:06am

Appeal for enforcement of any provision of Customs Act, 1969: SC urged to decide whether any order can be passed by IPT, high court

ISLAMABAD: The Supreme Court has been urged to decide whether any order can be passed by the Intellectual Property...

Published 06 Feb, 2021 04:06am

Business & Finance

Duty-Free Imports Of Electric 2-3 Wheelers Allowed in Pakistan: FBR

FBR announced exemptions from Additional Customs Duty (ACD) on imports of electric 2-3 wheelers till the 30th of June, 2025.

Published 05 Feb, 2021 03:29pm

Business & Finance

Highest technical score: FBR body ready to redress complaints of bidders

ISLAMABAD: To ensure transparency in addressing any concerns of the bidders, the Federal Board of Revenue (FBR)’s...

Updated 05 Feb, 2021 11:49pm

FBR abolishes additional duty

ISLAMABAD: The Federal Board of Revenue (FBR) has abolished additional customs duty on the import of electric...

Published 04 Feb, 2021 04:13am

Business

Import of 52 fire fighting vehicles exempted from ST

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted the import of 52 fire fighting vehicles from payment of ...

Published 04 Feb, 2021 04:13am

Business

Monthly sales tax returns software: FBR directs PRAL to include 3rd schedule items

LAHORE: The Federal Board of Revenue (FBR) has directed the Pakistan Revenue Automation (Pvt) Limited (PRAL) to...

Published 04 Feb, 2021 04:13am

Business & Finance

FBR urges Taxpayers to resolve cases through ADRC

Even prior to launching of E-filing, disposal of cases have been surpassing the assigned targets as per the Performance Agreement.

Published 03 Feb, 2021 03:21pm

Business & Finance

Double digit growth in OMCs volume sales continue

“We attribute continues uptick in HSD to government efforts in curbing HSD smuggling along with resumption of economic activities. Up till now, FBR has sealed 1556 retail outlets across the country from 2094 illegal retail outlets,” stated the report.

Published 03 Feb, 2021 12:21pm

Pakistan

Oct-Dec 2020: Higher courts dispose of 934 tax cases

ISLAMABAD: The higher courts, including the Supreme Court of Pakistan, have disposed of 934 tax cases involving...

Updated 03 Feb, 2021 09:29am

Justice Isa’s cell phone hacked

ISLAMABAD: The Supreme Court on Tuesday notified that Justice Qazi Faez Isa’s cell phone has been hacked. The SC...

Published 03 Feb, 2021 04:35am

Pakistan

FBR finalizes evaluation of applications for Track & Trace System of specified goods

Initially 11 bids were received out of which 8 bids were technically qualified, said FBR statement issued here.

Published 02 Feb, 2021 09:07pm

Business & Finance

Track and Trace System: FBR completes Application Evaluation

Federal Board of Revenue (FBR) has finalized the evaluation of applications for Track & Trace System for Tobacco, Cement, Sugar and Fertilizer.

Published 02 Feb, 2021 09:41am

FBR abolishes 2pc ACD on import of 152 items

ISLAMABAD: The Federal Board of Revenue (FBR) has abolished two percent Additional Customs Duty (ACD) on the import...

Published 31 Jan, 2021 03:35am

Pakistan

FBR surpasses tax collection target, collects Rs 2570bn in 7 months

This is the first double-digit monthly growth during the fiscal year.

Published 30 Jan, 2021 08:17pm

Business & Finance

Alvi lashes out at FBR, orders to recover over Rs.14mn in bogus tax refunds case

The President on Friday rejected FBR's representation against the order of Federal Tax Ombudsman (FTO) in a case of bogus tax refunds worth over 14 million rupees made to a fake Registered Person.

Published 29 Jan, 2021 03:34pm

Markets

Volume of business remains low on cotton market

KARACHI: The local cotton market remained stable on Thursday. Market sources told that trading volume was low....

Published 29 Jan, 2021 04:55am

Editorials

The taxation puzzle

EDITORIAL: In a webinar last week, Punjab Revenue Authority (PRA) chairman said that high rates of taxes remained ...

Published 29 Jan, 2021 04:55am

Business

Mandatory online filing of tax appeals: IHC bench accepts plea challenging FBR decision

ISLAMABAD: A single bench of the Islamabad High Court (IHC) has accepted the petition challenging the decision of ...

Published 28 Jan, 2021 04:40am

Pakistan

Islamabad MCC marks Int’l Customs Day

ISLAMABAD: To mark the International Customs Day on 26th January, a small ceremony was held in Model Customs...

Updated 27 Jan, 2021 09:50am

Pakistan

Network selling illegal cigarettes busted

ISLAMABAD: Azad Kashmir police Tuesday busted a network of unscrupulous elements selling counterfeit cigarettes in...

Published 27 Jan, 2021 04:59am

FBR exempts WHT on import of 3,000MT of wheat

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted withholding tax on the import of 300,000 Metric Tons of...

Published 27 Jan, 2021 04:59am

Business

Member Customs FBR optimistic about achieving revenue target

KARACHI: Member Customs FBR Syed Tariq Huda has appeared optimistic to achieve a revenue target of Rs 2 trillion...

Published 27 Jan, 2021 04:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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