Trends - FBR - Business Recorder

FBR

To facilitate incoming passengers, FBR decides to amend customs baggage rules

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to amend customs baggage rules for enhancing the baggage...

Updated 20 Jun, 2022 10:49am

Business & Finance

FBR’s plea against LHC order in sales tax reference: Order void if matter is decided after prescribed time: SC

SC declares that the timeframe set out in Section 45-B (2) of the Sales Tax Act, 1990 for deciding the appeal is mandatory

Updated 19 Jun, 2022 09:16am

Business & Finance

Pharma companies: FBR officials directed to issue refunds manually

ISLAMABAD: In a major development to issue sales tax refunds to the pharmaceutical sector, Chairman Federal Board of...

Published 19 Jun, 2022 06:06am

Budget

FBR chairman explains importance of increase in tax rates for salaried people

Says issue involved in the taxation of the salaried class is not revenue generation, but reform of the income tax slabs

Updated 19 Jun, 2022 07:58pm

FBR has played key role

ISLAMABAD: Like many other governmental organizations, the FBR has played a key role in completing the FATF actions...

Updated 19 Jun, 2022 08:58am

Budget

Finance Bill 2022: Exemption to IPPs limited

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad Saturday informed the Senate Standing Committee on...

Updated 19 Jun, 2022 09:00am

Budget

Cellular mobile operators for reducing customs duty on fibre-optic cable, taxes

Say situation would result in the closure of mobile phone service for hours and ATM services might also face disruption

Updated 18 Jun, 2022 12:25pm

FBR officers observe pen-down strike

KARACHI: The Federal Board of Revenue (FBR) is likely to face hardships in meeting its revenue target as the ...

Updated 18 Jun, 2022 09:54am

Editorials

Taxing foreign lenders

EDITORIAL: Interestingly, the Federal Board of Revenue (FBR) seems to have quite an appetite for novelties; just not...

Published 18 Jun, 2022 06:00am

Pakistan

Harassment of taxpayer: President reprimands FBR

ISLAMABAD: President Dr Arif Alvi has reprimanded the Federal Board of Revenue (FBR) for harassing a taxpayer who...

Published 17 Jun, 2022 08:25am

Business & Finance

Govt hasn’t suffered major revenue loss due to tariff rationalisation: NTC

ISLAMABAD: Chairperson National Tariff Commission (NTC) Robina Ather on Thursday informed the Senate Standing...

Published 17 Jun, 2022 06:37am

Business & Finance

Senate panel agrees to FBR’s plan for disabling mobile phones, SIMs to force filing of returns

ISLAMABAD: A meeting of the Senate Standing Committee on Finance has agreed to the Federal Board of Revenue (FBR) to...

Published 17 Jun, 2022 06:37am

Business & Finance

Deposits as advance booking: AGP, FBR asked to audit accounts of auto manufacturers

ISLAMABAD: A parliamentary panel on Wednesday tasked the Auditor General of Pakistan (AGP) and the Federal Board of...

Published 16 Jun, 2022 08:19am

Business & Finance

Three major revenue measures may be challenged in court: Shabbar

ISLAMABAD: Three major revenue measures (direct taxes) of the Finance Bill, 2022, having accumulated revenue impact...

Published 16 Jun, 2022 06:55am

Supplies to unregistered persons: FBR defends waiver of CNIC condition

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday strongly defended the withdrawal of the condition to provide...

Updated 16 Jun, 2022 09:49am

Business & Finance

Property deals by filers: Senate panel rejects FBR proposal to raise advance tax

ISLAMABAD: The Senate Standing Committee on Finance has declined the Federal Board of Revenue’s proposal to...

Published 16 Jun, 2022 06:03am

Business & Finance

Income Tax Ordinance, 2001 Experts concerned over proposed amendment

KARACHI: Tax experts have expressed concerns over the proposed amendment (section 214A) in the Income Tax Ordinance,...

Published 16 Jun, 2022 06:03am

Business & Finance

‘Issue of declaring production/transmission of electricity as ‘goods’ must be referred to CCI’

ISLAMABAD: The Senate Standing Committee on Finance has recommended that the issue of declaring...

Published 15 Jun, 2022 08:22am

Business & Finance

FBR reviewing tax relief of Rs47bn to salaried class

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad said Tuesday that the FBR is reviewing the tax relief...

Updated 15 Jun, 2022 07:37pm

Business & Finance

Anomalies in Finance Bill, 2022: Anomaly committees constituted

ISLAMABAD: The Chairman, Federal Board of Revenue/Secretary Revenue Division has constituted two Anomaly Committees...

Published 15 Jun, 2022 06:30am

Budget

Salaried class tax structure: govt in a fix

ISLAMABAD: The government is in a fix to either heavily tax the salaried class under the amended Finance Bill, 2022...

Updated 15 Jun, 2022 09:58am

Budget

Fixed Tax Scheme: 2.5m retailers to be brought into tax net

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmad on Saturday said the FBR has estimated to bring 2.5...

Published 12 Jun, 2022 06:55am

Budget

FBR links Rs7004bn revenue collection to economic health, better enforcement

ISLAMABAD: The Federal Board of Revenue (FBR) has said that the achievement of the Rs7,004 billion revenue ...

Published 12 Jun, 2022 06:55am

Budget

Finance Bill 2022: Rate of proposed tax on deemed rental income to be 20pc

Proposed tax on deemed income from an unutilised property above Rs25 million not applicable on land where agriculture activity is carried out

Updated 12 Jun, 2022 03:00pm

Budget

FBR unveils Tax Expenditure Report: Cost of tax exemptions ‘much higher’

ISLAMABAD: Pakistan has a tax expenditure (cost of tax exemptions) equal to 2.8 percent of the Gross Domestic ...

Updated 12 Jun, 2022 11:00am

Fiscal consolidation high priority: Miftah

ISLAMABAD: Finance Minister Miftah Ismail stated on Saturday that fiscal consolidation is the first and foremost...

Updated 12 Jun, 2022 11:02am

Budget

10pc Regulatory Duty imposed on MS import

The Finance Bill proposes to add various penalties for unauthorized access to information

Updated 11 Jun, 2022 10:14am

Budget

FED on cigarettes and air travel enhanced

ISLAMABAD: The Federal Board of Revenue (FBR) has raised the Federal Excise Duty (FED) on cigarettes and air travel...

Published 11 Jun, 2022 06:41am

Budget

Lower income salaried class gets tax relief

ISLAMABAD: A major relief has been provided to the lower income salaried class taxpayers by increasing the basic tax...

Published 11 Jun, 2022 06:41am

Business & Finance

FBR releases Tax Expenditure Report 2022

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday released the Tax Expenditure Report 2022, revealing that the...

Published 11 Jun, 2022 06:14am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 4 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 4 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 4 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 4 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 4 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 4 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 4 Attock Cement Pakistan Limited(ACPL)	67.13 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 4 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 4 Al-Abbas Sugar Mills Limited(AABS)	272.50 ▼ 0.00 (0.00%)
Agro Allianz / Jul 4 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 4 Allied Bank Limited(ABL)	69.05 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 4 Abbott Laboratories (Pakistan) Limited(ABOT)	666.00 ▼ 0.00 (0.00%)
Abson Ind. / Jul 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 4 Alfalah Consumer Index ETF.(ACIETF)	7.84 ▼ 0.00 (0.00%)
Attock Cement / Jul 4 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

Most Popular Articles