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FBR

FTO orders FBR to initiate probe into ‘tractor fraud’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued an order in favour of poor growers/ farmers community of Sindh...

Updated 13 Feb, 2023 09:19am

Presidential directives: FBR to give explanation to FTO

ISLAMABAD: On the directions of President Arif Alvi, the Federal Board of Revenue (FBR) is bound to give an...

Updated 13 Feb, 2023 09:07am

Editorials

The review: not yet successful

EDITORIAL: The Secretary Finance put a positive spin on the final day of discussions/negotiations with the...

Published 13 Feb, 2023 05:57am

Pakistan

Reprocessing waste transformer oil: Tax notices withdrawn against Pakistan Wapda Foundation

LAHORE: The Federal Board of Revenue (FBR) has withdrawn notices of excise duty and sales tax against Pakistan Wapda...

Published 12 Feb, 2023 03:56am

Non-implementation of single GST return: Provinces to move NTC against FBR

ISLAMABAD: Provinces will take up the issue of the delay in the implementation of the single sales tax return system...

Updated 12 Feb, 2023 09:42am

Business & Finance

Reforms aimed at enhancing productivity can help economy grow sustainably, says World Bank

ISLAMABAD: Pakistan’s economy can grow sustainably only if the country introduces productivity-enhancing reforms...

Published 11 Feb, 2023 07:41am

Business & Finance

Tax officials asked to update personal profiles

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all tax officials to update their personal profiles under...

Published 11 Feb, 2023 07:14am

Business & Finance

PBC underscores need for taxing untaxed sectors

KARACHI: Chief Executive of Pakistan Business Council (PBC) Ehsan Malik has forwarded suggestions to Federal Finance...

Published 11 Feb, 2023 06:26am

Business & Finance

SC asks govt to curb currency smuggling

ISLAMABAD: The Supreme Court directed the federal government to take measures to control the smuggling of foreign...

Published 11 Feb, 2023 06:20am

Increase in price of Paracetamol okayed

ECC also approves circular debt management plan, extra surcharge on power

Updated 11 Feb, 2023 09:03am

Unregistered Tier-1 retailers asked to integrate with POS

ISLAMABAD: The Federal Board of Revenue (FBR) has directed 124 unregistered retailers (Tier-1) to integrate them ...

Updated 11 Feb, 2023 08:56am

Opinion

Sinking revenues and IMF conditionalities

The International Monetary Fund (IMF) and Pakistani authorities have been unable to reach a staff-level agreement...

Published 11 Feb, 2023 05:57am

Business & Finance

Refund systems of FASTER: FTO recommends FBR to develop adequate safeguards

ISLAMABAD: Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to conduct...

Published 11 Feb, 2023 05:57am

IMF-govt talks give birth to ‘mini-budget’

Finance Minister Ishaq Dar says government has agreed to impose Rs170 billion in additional taxes

Updated 11 Feb, 2023 05:15pm

Opinion

FBR, IMF & revenue targets

The federal budget for fiscal year (FY) 2022-23 assigned an ambitious target of Rs. 7.470trillion to the Federal...

Published 10 Feb, 2023 03:56am

Business & Finance

Undue harassment by tax officials: FTO vows to help resolve issues raised by traders

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah Thursday assured business community that the FTO will ...

Published 10 Feb, 2023 03:56am

New taxation measures of nearly Rs300bn finalised

ISLAMABAD: The Federal Board of Revenue (FBR) has finalised proposals for new taxation measures of nearly Rs 300...

Updated 10 Feb, 2023 08:55am

Business & Finance

FTO terms delay in changing taxpayers’ jurisdiction ‘maladministration’

LAHORE: Inordinate delay in changing the jurisdiction of taxpayers is tantamount to maladministration, said Federal...

Published 09 Feb, 2023 06:02am

Pakistan

Dar meets senior officers at FBR headquarters

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar visited the headquarters of Federal...

Published 09 Feb, 2023 06:02am

Opinion

PARTLY FACETIOUS: His empire is too limited

“It has piqued my interest too.” “What? That Ishaq Dar was allowed to expand his empire by inducting four new...

Published 09 Feb, 2023 06:02am

Editorials

The only way forward

EDITORIAL: Credible media reports, local as well as international, indicate that there is a massive disconnect...

Published 09 Feb, 2023 06:02am

IMF talks: ‘Some understanding’ reached: MoS Pasha

ISLAMABAD: Minister of State for Finance Dr Aisha Ghaus Pasha has stated that some understanding has been reached...

Updated 09 Feb, 2023 08:42am

First six months: Fiscal deficit swells to 2pc of GDP

ISLAMABAD: Fiscal deficit has been recorded at two per cent of the GDP or Rs1,683 billion during the first six ...

Updated 09 Feb, 2023 08:41am

Real estate owned by overseas Pakistanis: UAE authorities do not share info

ISLAMABAD: The tax authorities of the United Arab Emirates (UAE) have shared only twice financial information...

Updated 09 Feb, 2023 08:48am

Business & Finance

‘Every sector should set target to increase exports’: Minister assures exporters of all-out support

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has reiterated that the...

Published 08 Feb, 2023 07:46am

Opinion

Governance reforms anchored in civil service reforms — I

A common refrain these days is that we need to urgently embark upon long overdue structural reforms, allied with...

Published 08 Feb, 2023 07:29am

Dar inducts four new members into ‘RRMC’

ISLAMABAD: Finance Minister Ishaq Dar has included four new members in the Reforms and Resource Mobilization...

Updated 08 Feb, 2023 09:15am

FY24 budget: FBR invites proposals on income tax

ISLAMABAD: The income tax budget (2023-24) would focus on policy for taxation of real income, phasing out of tax...

Updated 08 Feb, 2023 09:12am

Business & Finance

FTO tells FBR to assist WHT agents through IT solutions

ISLAMABAD: The Federal Tax Ombudsman has directed the Federal Board of Revenue (FBR) to facilitate withholding ...

Published 08 Feb, 2023 06:10am

Business & Finance

FBR field formations start blocking release of refund claims

LAHORE: Field formations of the Federal Board of Revenue (FBR) have once again started blocking the release of ...

Published 08 Feb, 2023 06:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.75
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
India Sensex / Apr 23	73738.45
Tokyo Nikkei / Apr 23	37552.16
Nasdaq / Apr 23	15696.64
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8044.81
Dow Jones / Apr 23	38503.69
Germany DAX 30 / Apr 23	18137.65

Item	Value
Crude Oil USD/Barrel / Apr 23	83.54
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Gold Spot USD/Ounce / Apr 23	2323.25
Cotton US¢/pound / Apr 23	81.72
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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