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FBR

Tax reforms: Aurangzeb will bell the cat?

It is indeed heartening to note that the country’s external account position is gradually improving amid reports...

Published 14 May, 2024 05:18am

Telcos assure Aurangzeb: 5,000 SIM cards of non-filers will be blocked daily

ISLAMABAD: The telecom companies have given assurance to Finance Minister Muhammad Aurangzeb that the mobile phone...

Updated 14 May, 2024 09:36am

Business & Finance

TDS registration: RTO Pindi honours first four traders

RAWALPINDI: The Regional Tax Office (RTO) Rawalpindi hosted a momentous ceremony on Monday to honor the pioneering...

Published 14 May, 2024 05:18am

Business & Finance

IMF briefed about tax gap, revenue collection position

ISLAMABAD: The Federal Board of Revenue (FBR) Monday briefed the International Monetary Fund (IMF) on the existing...

Published 14 May, 2024 05:18am

Business & Finance

Enactment of Tax Laws (Amendment) Act, 2024: ATIR members raise serious questions over benches’ legitimacy

ISLAMABAD: Judicial members of the Appellate Tribunal (Inland Revenue) have apprehended that Tax Laws (Amendment)...

Published 14 May, 2024 05:18am

Business & Finance

PCJCCI holds awareness session about role & functions of FTO

LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) organized an awareness session for ...

Published 14 May, 2024 05:18am

Business & Finance

Call to raise tobacco taxes up to 70pc to minimise consumption

ISLAMABAD: Malik Imran Ahmed, country head of “The Campaign for Tobacco Free Kids” (CTFK) has urged the...

Published 14 May, 2024 05:18am

Opinion

Tax reforms: Aurangzeb has a difficult road ahead

Reportedly, the IMF expects FBR tax revenues to grow by over 30 percent in the upcoming fiscal year (FY25). However,...

Published 13 May, 2024 06:08am

FPCCI seeks comprehensive tax reforms

LAHORE: To address the issue of tax collection, Federation of Pakistan Chambers of Commerce and Industry (FPCCI)...

Updated 13 May, 2024 09:03am

Economist urges broader reforms in tax administration

LAHORE: Former Finance Minister Dr Hafiz A Pasha has expressed the hope that Pakistan might achieve 13 percent tax...

Updated 13 May, 2024 09:04am

Govt urged to adopt QR code-based TTS

ISLAMABAD: Pakistan Polypropylene Woven Sack Manufactures Association has proposed the government that QR code-based...

Updated 13 May, 2024 09:04am

Blocking SIM cards of non-filers: LTO Islamabad to assist FBR

ISLAMABAD: Large Taxpayer Office (LTO) Islamabad would fully assist the Federal Board of Revenue (FBR) to enforce...

Updated 13 May, 2024 09:26am

Experts for energy conservation, industrialisation

LAHORE: During a session on “Powering Pakistan’s Future: Strategies to Address the Energy Crisis” jointly organized...

Updated 13 May, 2024 09:28am

Opinion

Growth model needs to be long term

Pakistan has never achieved impressive growth rates in its history with the highest rate (average) achieved in the...

Published 13 May, 2024 06:08am

Business & Finance

PAJCCI for simplification of tax collection procedure

PESHAWAR: Coordinator Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Zia ul Haq Sarhadi has laid stress...

Published 13 May, 2024 06:08am

Editorials

Taxation: maybe we need a rethink

EDITORIAL: The IMF (International Monetary Fund) may ask the government to enhance the tax collection to reach 13...

Published 13 May, 2024 06:08am

AGP tells SC: Steps will be taken to make FBR policy board functional

ISLAMABAD: The Attorney General for Pakistan (AGP) told the Supreme Court that immediate steps will be taken soon to...

Updated 12 May, 2024 01:32pm

PM forms body to address issues hindering implementation of ‘Tajir Dost Scheme’

ISLAMABAD: Prime Minister Shehbaz Sharif has constituted a committee comprising chairman Federal Board of Revenue...

Updated 12 May, 2024 10:27pm

Pakistan

Customs seizes smuggled goods worth Rs22.5m

KARACHI: In a major crackdown on smuggling activities, the Collectorate of Customs Enforcement Karachi have seized a...

Published 11 May, 2024 06:22am

11MFY24: KP PA passes over Rs1.360trn surplus budget

PESHAWAR: The provincial assembly of Khyber Pakhtunkhwa passed a surplus budget of Rs 1,360.37 billion for 11 months...

Updated 11 May, 2024 09:02am

Business & Finance

Upcoming budget: Pakistan may impose Rs1.3trn additional taxes

KARACHI: For further negotiation with our global lenders for extended fund facilities, the multilateral and ...

Published 11 May, 2024 06:22am

Business & Finance

FY25 budget: OICCI for allocating major portion of FBR resources towards broadening tax base

ISLAMABAD: The Overseas Investors Chambers of Commerce and Industry (OICCI) has submitted recommendations for...

Published 11 May, 2024 06:22am

IMF for taking agreed contingency revenue measures

ISLAMABAD: The International Monetary Fund (IMF) has urged the Pakistani authorities to take agreed contingency...

Updated 11 May, 2024 08:10pm

SBA: performance against end-Dec benchmarks satisfactory

ISLAMABAD: The Pakistani authorities’ overall performance against end-December quantitative performance criteria...

Updated 11 May, 2024 01:43pm

Over 10 years and beyond: PPIB proposes 10pc duty on solar PV modules import

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has proposed 10 percent duty on import of solar PV...

Updated 11 May, 2024 04:01pm

Business & Finance

Telecos agree to start blocking SIMs of non-filers

ISLAMABAD: The cellular companies’/ telecom operators have agreed with the Federal Board of Revenue (FBR) to...

Published 11 May, 2024 06:22am

Business & Finance

Digitalisation of tax system: Contract signed with McKinsey

ISLAMABAD: Finance Minister Muhammad Aurangzeb Friday said the digital transformation is a key priority for the...

Published 11 May, 2024 06:22am

Business & Finance

FBR starts process of blocking mobile SIMs of non-filers

First batch comprising 5,000 non-filers has been communicated to telecom operators for disabling their mobile phone SIMs, board says

Updated 11 May, 2024 12:29am

Opinion

Transforming FBR

In the light of dynamic shifts in business and advancements in technology, it is opportune for the Federal Board of...

Published 10 May, 2024 04:17am

Business & Finance

Illicit cigarette market inflicting Rs300bn annual loss on national exchequer: study

ISLAMABAD: The illicit sector now holds a major share of 54 percent of the cigarette market in Pakistan as compared...

Published 10 May, 2024 04:17am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.42
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 13	5221.42
Nasdaq / May 13	16388.24
FTSE 100 / May 13	8414.99
Dow Jones / May 13	39431.51
Germany DAX 30 / May 13	18742.22
France CAC40 / May 13	8209.28
India Sensex / May 14	72853.85
Tokyo Nikkei / May 14	38227.19

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	19935
Gold 10 Grams PKR / May 13	207733
Petrol/Litre / May 14	288.49
Crude Oil USD/Barrel / May 14	79.23
Gold Spot USD/Ounce / May 14	2344.20
Diesel/Litre / May 14	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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