Trends - FBR - Business Recorder

FBR

FBR considering reduction in number of WHT lines

ISLAMABAD: The Federal Board of Revenue’s major guiding principles of tax policy included reduce dependence on...

Published 21 Apr, 2021 03:21am

Business

Tax exemption violation in erstwhile FATA: Senate chairman seeks report from FBR, ministries

ISLAMABAD: Chairman Senate Sadiq Sanjrani Tuesday sought a report from Federal Board of Revenue (FBR) and ministries...

Published 21 Apr, 2021 03:21am

Pakistan

Sanjarni seeks report on violation of tax exemption extended erstwhile FATA

The Chairman has sought a report from the Ministry of Law, Ministry of Finance, and FBR in that regard and in the light of the demands of the trade delegation.

Published 20 Apr, 2021 06:28pm

Opinion

Budgetary framework in IMF programme

The IMF Programme which remained suspended for almost one year has become operational once again. Effectively the...

Published 20 Apr, 2021 04:00am

Business & Finance

Tax evasion in tobacco industry: Experts surprised over claims of Mardan-based company

ISLAMABAD: Leading tax experts and tax advisors are surprised over the claims of a Mardan-based company, which...

Updated 20 Apr, 2021 10:03am

Business & Finance

FBR devises new complaint redressal mechanism against corruption

LAHORE: The Federal Board of Revenue (FBR) has devised a new complaint redressal mechanism to address the complaints...

Updated 20 Apr, 2021 10:03am

Business & Finance

Hackers scamming taxpayers through fake emails, warns FBR

As per details, these fake emails instruct the targeted taxpayers to check the attached Income Tax Defaulters List for their details.

Published 19 Apr, 2021 10:11am

July-March (2020-21): Country imports mobile phones worth $1.535bn: PBS

ISLAMABAD: Pakistan imported mobile phones worth $1.535 billion during July-March (2020-21) compared to $979.965...

Published 18 Apr, 2021 03:09am

Business & Finance

FBR seizes 6m counterfeit cigarettes

ISLAMABAD: The Federal Board of Revenue (FBR) has seized two truckloads of six million counterfeit cigarettes,...

Updated 18 Apr, 2021 10:30am

Business & Finance

FBR drafting new rules to curb sale of unregistered cigarette brands in Pakistan

From July 1, 2021, Track & Trace System would be rolled out to cover tobacco manufacturing across the country, and the AJK Government had approached the Federal Board of Revenue to extend the scope of the Track & Track System to cigarette manufacturing units located inside AJK territory.

Published 17 Apr, 2021 11:49am

Business & Finance

WB, FBR discuss ‘Pakistan Raises Revenue’ program

Asim Ahmad gave an update on the progress of the reforms agenda covering 10 Disbursement Linked Indicators (DLIs) and also shared concerns regarding the difficulties being encountered in progress on reform interventions involving data sharing with provinces and the Sindh High Court stay on the Track and Trace process.

Published 17 Apr, 2021 10:08am

Editorials

Welcome advice from PBC

EDITORIAL: Finance Minister Hammad Azhar should welcome the advice, however unsolicited, that came from the Pakistan...

Published 17 Apr, 2021 03:28am

Pakistan

Cabinet told: Two-pronged approach to be adopted to deal with tax system

ISLAMABAD: The federal cabinet has been informed that a two-pronged approach will be adopted to deal with the narrow...

Updated 16 Apr, 2021 09:56am

Pakistan

CNIC/NTN requirement: Distributors, wholesalers face problem

LAHORE: Distributors and whole-sellers are facing problems in implementation of CNIC/NTN requirement by the Federal...

Updated 16 Apr, 2021 09:57am

Pakistan

Govt urged to cut size of undocumented economy

KARACHI: Chairman of National Business Group and President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian...

Updated 16 Apr, 2021 09:57am

POL products’ prices slashed

ISLAMABAD: The federal government has announced, on Thursday, a reduction in ex-depot prices of petroleum products...

Published 16 Apr, 2021 03:40am

Personal income tax: FBR trying to reduce number of slabs to 5

ISLAMABAD: The Federal Board of Revenue (FBR) is working on different options to bring down the number of personal...

Published 16 Apr, 2021 03:40am

Business

FBR assures documented steel sector of maximum relief

ISLAMABAD: The Federal Board of Revenue (FBR) has assured the documented steel sector of fixation of minimum value ...

Published 16 Apr, 2021 03:40am

Business

Claiming service input tax: KTBA urges FBR to gradually phase out old system

KARACHI: Federal Board of Revenue (FBR) should phase out old system for claiming service input tax gradually instead...

Published 16 Apr, 2021 03:40am

Pakistan

Mandviwalla hopes Fazl will resolve issues with PPP, ANP

ISLAMABAD: Former Senate deputy chairman Saleem Mandviwalla, on Wednesday, expressed his optimism that the chief of...

Published 15 Apr, 2021 03:22am

Unregistered buyers: CNICs numbers to be retained in FY22 budget

ISLAMABAD: The government’s biggest documentation measure to provide Computerized National Identity Card (CNICs)...

Published 15 Apr, 2021 03:22am

Opinion

Actions should suit resources

We are back into the IMF’s 3-year $6 billion Extended Fund Facility (EFF) arrangement having received a $500...

Published 14 Apr, 2021 03:21am

Foreign investors promised tax relief, incentives in FY22 budget

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday assured top foreign investors maximum tax relief and ...

Updated 14 Apr, 2021 10:10am

Availability of essential items: PM for strict vigilance

ISLAMABAD: Prime Minister Imran Khan Tuesday directed for a strict vigilance over availability of essential...

Updated 14 Apr, 2021 10:11am

Smuggling, parallel trade of food items: Customs taking steps towards enforcement of SRO

ISLAMABAD: The Customs authorities are taking appropriate steps for the enforcement of SRO237(I)/2019 to check...

Published 14 Apr, 2021 03:21am

Business & Finance

Income tax returns increase 8pc for tax year 2020

LAHORE: Income tax returns for tax year 2020 have reached 2.8 million compared to 2.6 million last year, showing an...

Updated 14 Apr, 2021 10:11am

Pakistan

PM directs strict vigilance of daily commodities during Ramazan

He was chairing a high-level meeting to review availability of daily use items and their prices during the holy month of Ramazan, PM office media wing in a press release said.

Updated 14 Apr, 2021 12:02am

Business & Finance

FBR assures full support to business community

The Chief Commissioner welcomed RCCI budget proposals, including extension in integration of POS systems, tax audits, updating profiles for Active Tax Payers List (ATL), recovery notices and payments on installments.

Published 13 Apr, 2021 10:37am

Pakistan

Shaukat Tarin visits FBR

ISLAMABAD: Member Economic Advisory Council (EAC) Shaukat Tarin, Monday, visited the Federal Board of Revenue (FBR)...

Updated 13 Apr, 2021 09:32am

Opinion

Correction or collection?

The Pakistan Tehrik-e-Insaf (PTI) government is trapped in the dilemma of ‘correction or collection’ especially...

Published 13 Apr, 2021 04:31am

Gainers
Losers
Leaders

Stock	Price
Agritech Limited / Jul 1 Agritech Limited(AGL)	6.65 ▲ 1.00 (17.70%)
Kohinoor Power / Jul 1 Kohinoor Power Company Limited(KOHP)	4.05 ▲ 0.57 (16.38%)
Unicap Modaraba / Jul 1 Unicap Modaraba(UCAPM)	1.90 ▲ 0.24 (14.46%)
First Tri-Star Mod. / Jul 1 First Tri-Star Modaraba(FTSM)	8.00 ▲ 1.00 (14.29%)
Askari Life Assur. / Jul 1 Askari Life Assurance Company Limited(ALAC)	6.29 ▲ 0.78 (14.16%)
First AL-Noor Mod. / Jul 1 First Al-Noor Modaraba(FANM)	3.62 ▲ 0.39 (12.07%)
Bawany Air Products / Jul 1 Bawany Air Products Limited(BAPL)	9.50 ▲ 1.00 (11.76%)
Int. Knit. / Jul 1 International Knitwear Limited(INKL)	10.00 ▲ 1.00 (11.11%)
786 Invest Ltd / Jul 1 786 Investments Limited(786)	5.33 ▲ 0.51 (10.58%)
Shaheen Ins. / Jul 1 Shaheen Insurance Company Limited(SHNI)	3.40 ▲ 0.28 (8.97%)

Stock	Price
Elite Cap.Mod / Jul 1 First Elite Capital Modaraba(FECM)	2.70 ▲ -0.30 (-10.00%)
Jubilee Spinning / Jul 1 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	3.01 ▲ -0.29 (-8.79%)
Dewan Sugar / Jul 1 Dewan Sugar Mills Limited(DWSM)	2.19 ▲ -0.20 (-8.37%)
Orient Rental / Jul 1 Orient Rental Mod(ORM)	7.35 ▲ -0.63 (-7.89%)
Olympia Mills / Jul 1 Olympia Mills Limited(OML)	16.65 ▲ -1.35 (-7.50%)
Baba Farid / Jul 1 Baba Farid Sugar Mills Limited(BAFS)	44.50 ▲ -3.60 (-7.48%)
Shams Textile / Jul 1 Shams Textile Mills Limited(STML)	45.24 ▲ -3.66 (-7.48%)
Pak Hotels / Jul 1 Pakistan Hotels Developers Limited(PHDL)	135.00 ▲ -10.64 (-7.31%)
Chakwal Spinning / Jul 1 Chakwal Spinning Mills Limited(CWSM)	1.72 ▲ -0.13 (-7.03%)
AEL Textile / Jul 1 AEL Textile Limited(AEL)	14.00 ▲ -1.05 (-6.98%)

Stock	Volume
K-Electric Ltd. / Jul 1 K-Electric Limited(KEL)	17,294,500 ▼ 0.00
Agritech Limited / Jul 1 Agritech Limited(AGL)	13,786,500 ▼ 0.00
Fauji Cement / Jul 1 Fauji Cement Company Limited(FCCL)	12,055,500 ▼ 0.00
WorldCall Telecom / Jul 1 Worldcall Telecom Limited(WTL)	9,392,000 ▼ 0.00
Pak Refinery / Jul 1 Pakistan Refinery Limited(PRL)	7,985,160 ▼ 0.00
Pak Elektron / Jul 1 Pak Elektron Limited(PAEL)	7,070,000 ▼ 0.00
Pak Int.Bulk / Jul 1 Pakistan International Bulk Terminal(PIBTL)	6,848,500 ▼ 0.00
TPL Properties / Jul 1 TPL Properties Limited(TPLP)	6,408,040 ▼ 0.00
Pak Petroleum / Jul 1 Pakistan Petroleum Limited(PPL)	6,018,939 ▼ 0.00
Cnergyico PK / Jul 1 Cnergyico PK Limited(CNERGY)	6,008,471 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 29	205.50
USD PKR Interbank Buying / Jun 29	205.30
USD to Japanese Yen / Jun 29	136.63
USD to Swiss Franc / Jun 29	0.95
Pound Sterling to USD / Jun 29	1.21
Euro to USD / Jun 29	1.05
UK LIBOR % / Jun 29	1.57

Stock	Volume
S&P 500 / Jun 29	3818.83
India Sensex / Jun 29	53026.97
Tokyo Nikkei / Jun 29	26536.82
Nasdaq / Jun 29	11177.89
Hang Seng / Jun 29	22058.97
FTSE 100 / Jun 29	7312.32
Dow Jones / Jun 29	31029.31
Germany DAX 30 / Jun 29	13003.35
France CAC40 / Jun 29	6031.48

Item	Value
Crude Oil USD/Barrel / Jun 29	110.28
Karachi Cotton PKR/37.32 KG / Jun 29	18480.00
Gold 10 Grams PKR / Jun 29	121700.00
Gold Spot USD/Ounce / Jun 29	1820.88
Cotton US¢/pound / Jun 29	96.60

FBR

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