Trends - FBR - Business Recorder

FBR

Islamabad Electric Supply Company case: IHC issues latest order

ISLAMABAD: Islamabad High Court (IHC) observed that the federal government and its Revenue Division (FBR) engaging ...

Published 09 May, 2024 03:11am

Business & Finance

Transit Trade Inquiry Report: Many Customs officials facing prospect of suspension

ISLAMABAD: The federal government is likely to suspend many Customs officials on the recommendation of the Transit...

Published 09 May, 2024 03:11am

Pakistan

Political stability: IPI calls for national reconciliation process

ISLAMABAD: Islamabad Policy Institute (IPI) on Wednesday called for a national reconciliation process to restore...

Published 09 May, 2024 03:11am

Business & Finance

Seeking stay from court against recovery: 30pc of disputed tax will be deposited with FBR under new Act

ISLAMABAD: Taxpayers have to deposit 30 percent of the determined tax with the Federal Board of Revenue (FBR) in...

Published 09 May, 2024 03:11am

Business & Finance

Renewal of GSP Plus status to Pakistan: Aurangzeb praises French govt support

ISLAMABAD: The Ambassador of France to Pakistan Nicholas Galey, called on Minister for Finance and Revenue Senator...

Published 09 May, 2024 03:11am

Digitalisation: World Bank VP briefed on FBR’s initiatives

ISLAMABAD: The Vice President of World Bank Martin Raiser visited the Federal Board of Revenue (FBR) HQ Wednesday...

Updated 09 May, 2024 10:24am

Rs3.2trn cases stuck in courts: ‘Loopholes’ mar FBR’s legal operation: AGP

Attorney General of Pakistan office raises serious concerns over FBR’s system of pursuing cases in courts

Updated 09 May, 2024 11:43am

Pakistan

Economy suffered due to poor planning, negligence: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has said the economy of the country has suffered due to poor planning and...

Published 08 May, 2024 06:43am

Pakistan

Income tax refunds’ e-processing: IHC issues notice to Member IR FBR

ISLAMABAD: The Islamabad High Court (IHC) has issued a notice to Member Inland Revenue (Policy) Federal Board of...

Published 08 May, 2024 06:43am

Editorials

Tax targets for FY25

EDITORIAL: The first quarterly review report on the recently concluded Stand-By Arrangement (SBA) available on the...

Published 08 May, 2024 06:43am

Tax system digitalisation: FBR forms project management team

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a project management team for tax system...

Updated 08 May, 2024 08:50am

Erstwhile tribal areas: Tax, duty exemptions not to be extended beyond June 30

ISLAMABAD: The government has decided not to further extend the exemption from duties and taxes for the erstwhile...

Updated 08 May, 2024 09:19am

Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue (IR) field formations to recover sales...

Updated 08 May, 2024 08:51am

ST registered persons: FBR modifies requirement of filing balance sheet

ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, modified a controversial requirement for filing balance...

Updated 08 May, 2024 09:17am

2022-23 period: Army paid Rs100bn duties, taxes: DG ISPR

ISLAMABAD: Director General Inter-Services Public Relations (DG ISPR) Maj-Gen Ahmed Sharif on Tuesday said the...

Updated 08 May, 2024 09:18am

Liquidation of appeals before IR, ATIR: Tax Laws Act to be effective from May 6

ISLAMABAD: The government has enforced the Tax Laws (Amendment) Act, 2024 from May 6, 2024, in an attempt to...

Updated 08 May, 2024 08:48am

BR Research

Loadshedding: Discos in a bind!

Pakistan’s power sector is in a constant state of flux. It has its weird cycles of its own- a period of severe power...

Published 08 May, 2024 06:39am

Business & Finance

‘No new laws should be made for existing taxpayers’: LCCI

LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Kashif Anwar has said that no new laws ...

Published 07 May, 2024 06:27am

International investors meet Aurangzeb

ISLAMABAD: A delegation of international investors called on Federal Minister for Finance and Revenue Senator...

Updated 07 May, 2024 09:10am

Business & Finance

Services by provinces: Jul-Mar GST collection soars 23pc to Rs353.223bn YoY

ISLAMABAD: There has been an increase of 23 percent in the collection of sales tax on services (GST) by the ...

Published 07 May, 2024 06:05am

Business & Finance

SIMs of non-filers: Cellular cos/telecom operators apprise ministry about their concerns

ISLAMABAD: The cellular companies/telecom operators have collectively raised their concerns with the Ministry of IT...

Published 07 May, 2024 06:05am

Business & Finance

PTA invites electronic bids for taxation services

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has invited electronic bids for taxation services for the...

Published 07 May, 2024 06:05am

Editorials

State of the economy

EDITORIAL: The April Monthly Economic Update and Outlook uploaded on the Finance Division website begins on a...

Published 07 May, 2024 06:05am

Business & Finance

Raising tobacco taxes: experts say significant progress made

ISLAMABAD: Pakistan has made significant progress in raising tobacco taxes with new recommendations of the World...

Updated 07 May, 2024 08:02am

Opinion

The quest for recovery of Rs2.7 trillion revenue

That the tax litigation system in Pakistan has long been afflicted by inordinate delays, bureaucratic hurdles, and a...

Published 06 May, 2024 05:30am

Fast-track solar PV projects by Arab countries: FBR asked to amend sales tax, income tax laws

The government is actively working towards the development of solar PV projects utilizing the G2G mode

Updated 06 May, 2024 09:25am

Blocking SIMs of non-filers: FBR decides to summon telcos’ operators

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to call all telecom operators at the FBR Headquarters to...

Updated 06 May, 2024 09:18am

Editorials

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.57
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.07

Stock	Volume
S&P 500 / May 8	5187.67
Nasdaq / May 8	16302.76
FTSE 100 / May 8	8354.05
Dow Jones / May 8	39056.39
Germany DAX 30 / May 8	18498.38
France CAC40 / May 8	8131.41
India Sensex / May 9	72965.17
Tokyo Nikkei / May 9	38260.75

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 8	205075
Petrol/Litre / May 9	288.49
Crude Oil USD/Barrel / May 9	79.44
Gold Spot USD/Ounce / May 9	2318.17
Diesel/Litre / May 9	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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