Trends - FBR - Business Recorder

FBR

All airports: Collectors directed to conduct snap checks

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the Collectors of Customs to conduct snap checks and...

Published 03 Jun, 2022 08:22am

Business & Finance

Miftah assures jewellers of providing maximum relief in taxation

ISLAMABAD: Jewellers’ community has proposed to Finance Minister Miftah Ismail to resolve the taxation related...

Published 03 Jun, 2022 07:18am

Pakistan

Steps taken by PTI govt need to be revisited, govt tells Senate

ISLAMABAD: The federal government informed the Senate on Thursday that the steps taken by the former government like...

Published 03 Jun, 2022 06:35am

Business & Finance

Financial institutions: FBR to conduct compliance audit, inspections

ISLAMABAD: The Commissioners Inland Revenue (IR) Automatic Exchange of Information (AEOI) Zones would conduct...

Published 03 Jun, 2022 06:26am

Business & Finance

SECP proposes amendment to Section 100B of ITO

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed measures to the Federal Board of...

Published 03 Jun, 2022 06:26am

Recovery of due taxes from unregistered sugar buyers made easy

ISLAMABAD: The Federal Board of Revenue (FBR) had challenged the order of the Federal Tax Ombudsman (FTO) with...

Updated 03 Jun, 2022 09:59am

Pakistan

Total cadre strength of PCS officials increases to 597

ISLAMABAD: The total cadre strength of the Pakistan Customs Service (PCS) officials has been increased to 597 as of...

Published 02 Jun, 2022 06:19am

Essential telecom services: Mobile companies seek reduction in WHT

ISLAMABAD: Cellular Mobile Companies said to have sought a reduction in withholding tax on essential telecom ...

Updated 02 Jun, 2022 09:55am

Business & Finance

FBR extends deadline

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline by June 15, 2022, for the filing of...

Published 02 Jun, 2022 06:19am

Pakistan

Security Operations Centre inaugurated at FBR HQs

ISLAMABAD: Building further on its ongoing drive for a digital FBR, Chairman FBR/Secretary Revenue Division, Asim...

Published 01 Jun, 2022 05:53am

Import ban doesn’t apply to industrial inputs: ministry

Commerce Ministry issues an office memorandum regarding SRO598(1) 2022 dated 19 May 2022, whereby, the import of certain luxury and non-essential items has been prohibited

Updated 01 Jun, 2022 09:57am

FY23: FBR considering SECP’s proposals

ISLAMABAD: The Federal Board of Revenue (FBR) is seriously considering the budget proposals of the Securities and...

Updated 01 Jun, 2022 10:10am

Business & Finance

July 2021-May 2022: Karachi LTO collects record Rs1,396bn revenue

KARACHI: Large Taxpayers Office (LTO) Karachi has shown remarkable achievement by collecting revenue of Rs1,396,189...

Updated 01 Jun, 2022 09:53pm

Business & Finance

Jul '21-May '22: Provisional tax collection stands at Rs5.349trn

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected net revenue of Rs. 5,349 billion during...

Published 01 Jun, 2022 05:53am

Technology

FY23: Minister says $5bn IT export target set

ISLAMABAD: The government will target $5 billion in exports of the information technology (IT) sector for the next...

Published 01 Jun, 2022 05:53am

Business & Finance

Banned items: FBR nominates focal persons for airports

ISLAMABAD: In the wake of the issuance of SRO 598 (dated May 19) on banned items by the Ministry of Commerce, the...

Published 31 May, 2022 05:11am

Business & Finance

Change of guard in FBR leads to end of creating excessive tax demands

LAHORE: A change of guard in the Federal Board of Revenue (FBR) has led to an end to the culture of creating...

Published 31 May, 2022 05:11am

Business & Finance

FBR directed to bring unregistered sugar dealers into tax net

ISLAMABAD: President Dr Arif Alvi on Monday directed the Federal Board of Revenue (FBR) to bring into the tax net ...

Published 31 May, 2022 05:11am

Editorials

State of the economy

EDITORIAL: Monthly Economic Update for April uploaded by the Finance Division on its website accurately notes that...

Published 31 May, 2022 05:11am

Sales tax on specified goods: FTO directs FBR to recover the amount evaded in last three years

ISLAMABAD: The Federal Tax Ombudsman (FTO), while deciding its own motion investigation has ordered the Federal...

Updated 31 May, 2022 10:11am

Business & Finance

Miftah praises proposals presented by businesspeople

ISLAMABAD: Federal Minister for Finance and Revenue, Miftah Ismail held a meeting with a delegation of businessmen ...

Updated 31 May, 2022 11:36am

Fate of 7th IMF EFF review dependent on FY23 budget composition

Technical level talks on the budget proposals will commence from today

Updated 31 May, 2022 10:07am

2pc additional duties on palm oil import to go

ISLAMABAD: The government has decided to abolish two percent additional custom duties on the import of palm oil for...

Updated 31 May, 2022 10:03am

Banks: govt mulling raising super tax rate

ISLAMABAD: The Federal Board of Revenue (FBR) will propose “Super Tax” on certain sectors having annual turnover...

Updated 31 May, 2022 10:11am

Suggestions of APTMA: PM for initiating consultation process

ISLAMABAD: Prime Minister Shehbaz Sharif has directed concerned ministries to convene meetings of relevant...

Updated 31 May, 2022 10:13am

Business & Finance

Budget FY23: Tobacco industry submits four major proposals

ISLAMABAD: The documented tobacco industry has submitted four major proposals in the coming budget (2022-23)...

Published 31 May, 2022 05:11am

Business & Finance

Steel melters urge govt to review stance on track, trace system

LAHORE: Pakistan Steel Melters Association on Monday said that the government should review its decision of...

Published 31 May, 2022 05:11am

Business & Finance

Compulsory ST registration: Treating lawyer as retailer wrong application of law: FTO

ISLAMABAD: Federal Tax Ombudsman (FTO) has declared that the compulsory sales tax registration of a professional...

Published 30 May, 2022 06:32am

Opinion

Federal govt must not fuel provincialism

In 1997 general elections PML-N won a two third majority in parliament bagging 137 seats with PPP trailing with 18...

Published 30 May, 2022 05:53am

Potential sectors evading taxes: Finance Bill may introduce ‘windfall levy’

FBR will collect 'Windfall Levy' from sectors earning extraordinary profits during the last few years

Updated 29 May, 2022 04:52pm

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

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