Trends - FBR - Business Recorder

FBR

Saturday, Sunday: FBR extends working hours

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all Large Taxpayer Offices (LTOs), Medium Tax Offices...

Published 18 Apr, 2023 06:21am

Pakistan

Govt urged to stick to new FED rate on cigarettes

ISLAMABAD: Health activists have urged the government to remain steadfast on its decision to double the Federal...

Published 17 Apr, 2023 06:41am

Supply of Thar coal to industry: Tax amendments on the cards

ISLAMABAD: Prime Minister Office (PMO) has directed Federal Board of Revenue (FBR) to alter/ amend Income Tax...

Updated 17 Apr, 2023 08:48am

Transportation services or carriage of goods thru roads: Provinces notify formula for sales tax

ISLAMABAD: All four provinces have notified that the amount of sales tax would be equally shared by those provinces...

Updated 17 Apr, 2023 08:49am

FTO’s jurisdiction: IHC sets aside President’s order

ISLAMABAD: The Islamabad High Court (IHC) has ruled that the President of Pakistan has misapplied the law to...

Updated 17 Apr, 2023 08:47am

Business & Finance

President upholds FTO’s decision

ISLAMABAD: President Dr Arif Alvi has upheld the decision of the Federal Tax Ombudsman (FTO) directing FBR to ...

Published 17 Apr, 2023 06:41am

GST harmonization: FBR, provinces notify uniform ‘Place of Provision of Services Rules-2023’

ISLAMABAD: In a major breakthrough between the Federation and provinces on harmonisation of sales tax, the Federal...

Updated 16 Apr, 2023 10:06am

Business & Finance

Remaining period of 2022-23: FBR can overcome shortfall through recovery steps: FTO

ISLAMABAD: The Federal Tax Ombudsman (FTO) on Friday strongly recommended the Federal Board of Revenue (FBR) to...

Published 15 Apr, 2023 06:58am

Opinion

‘Resilience, helplessness or loss of trust?’

This is apropos a Business Recorder op-ed ‘Resilience, helplessness or loss of trust?’ carried by the newspaper...

Published 15 Apr, 2023 06:19am

RISE-2 programme: Dar briefs Raiser on WB-backed reforms

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar held a meeting with Martin Raiser,...

Updated 15 Apr, 2023 08:51am

Business & Finance

EPO 2022 modified: Angoor Adda included as customs station

ISLAMABAD: The government has modified Export Policy Order (EPO) 2022 to include Angoor Adda as customs station,...

Published 15 Apr, 2023 06:19am

Pakistan

Huge rise in FED on cigarettes: govt urged to remain ‘steadfast’

ISLAMABAD: Health activists urged the government to remain steadfast on its major decision of doubling the Federal...

Published 14 Apr, 2023 05:59am

Pakistan

Over 210,000 smokers die annually due to health issues: report

ISLAMABAD: Over 210,000 people die every year in Pakistan due to smoking-related health issues, according to a...

Published 14 Apr, 2023 05:59am

Opinion

Resilience, helplessness or loss of trust?—II

In other words, the country is on the verge of a sovereign default. This recognition is an admission for cure; ...

Updated 14 Apr, 2023 07:16am

Business & Finance

Punjab meets 74pc of revenue target

LAHORE: The Punjab Revenue Authority (PRA) has collected 74% of the assigned target of Rs190 billion by collecting...

Published 14 Apr, 2023 05:59am

Business & Finance

State warehouses: FTO orders FBR to ensure safe custody of valuables

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure safe custody of...

Published 14 Apr, 2023 05:59am

20pc duty imposed on import of tea whiteners

ISLAMABAD: The Customs classification committee of the Federal Board of Revenue (FBR) has imposed 20 percent Customs...

Updated 14 Apr, 2023 08:36am

World Bank ties recurrent budget shortfall to low fiscal revenue

ISLAMABAD: Persistent low fiscal revenue is one of the drivers of Pakistan’s recurrent budget shortfall, as total...

Updated 14 Apr, 2023 12:35pm

Editorials

IMF bailout in sight: misplaced optimism?

EDITORIAL: A statement issued by the Ministry of Finance has revealed that the economic team led by Finance Minister...

Updated 14 Apr, 2023 06:49am

Opinion

Resilience, helplessness or loss of trust?–I

The Pakistanis are battling an inflation rate of over 35 percent, a policy rate of 21 percent, depletion in value of...

Updated 13 Apr, 2023 07:20am

Move to incentivise e-bikes: ECC set to consider three options today

ISLAMABAD: The Economic Coordination Committee of the Cabinet, which is scheduled to meet on Thursday (Apr 13), is...

Updated 13 Apr, 2023 08:44am

Duties/taxes-free vehicles import: FBR proposes changes in motor vehicles rules

ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for Customs officials to communicate particulars...

Updated 13 Apr, 2023 08:40am

Business & Finance

Refund claim: FTO unearths maladministration by RTO officials

ISLAMABAD: Federal Tax Ombudsman (FTO) has unearthed serious maladministration committed by the officials of the...

Published 13 Apr, 2023 06:37am

Opinion

Power transmission as ‘service’

The federal government has finally relented to pressure and agreed to treat power transmission as a service from the...

Updated 12 Apr, 2023 07:25am

155,027 women filers appearing on ‘Active Taxpayers List’: FBR

ISLAMABAD: A total of 155,027 women engaged in businesses/women entrepreneurs in Pakistan are filers of income tax...

Updated 12 Apr, 2023 08:44am

Opinion

Economic projections

The World Bank (WB) and the Asian Development Bank (ADB) have both released economic projections of Pakistan. Both...

Published 11 Apr, 2023 03:44am

Pakistan

Country being steered towards stability: minister

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Monday said the...

Published 11 Apr, 2023 03:44am

ST through power bills: Only 0.133m retailers file tax returns

ISLAMABAD: Only 0.133 million retailers filed their income tax returns out of 2.3 million retailers who paid sales...

Updated 11 Apr, 2023 10:07am

Pakistan

Experts hail govt’s decision to enhance tax rate on cigarettes

ISLAMABAD: The social activists and health experts Sunday highly appreciated government’s decision of higher...

Published 10 Apr, 2023 06:45am

Business & Finance

Tax expert criticises FBR for removing taxpayers’ names from ATL

PESHAWAR: A leading tax expert of KP, Muhammad Umair Zeb told Business Recorder on Sunday that Federal Board of...

Published 10 Apr, 2023 06:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Cotton US¢/pound / May 2	77.01
Petrol/Litre / May 3	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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