Trends - Federal Board of Revenue

Federal Board of Revenue

Economic body asked to provide clear road maps

ISLAMABAD: The Economic Advisory Council (EAC) has been asked to come up with short-, medium-, and long-term road...

Published 23 Apr, 2021 05:12am

Duty-free car import: FBR changes definition of word ‘tourists’

ISLAMABAD: The Federal Board of Revenue (FBR) has changed the definition of ‘tourists’ for allowing temporary...

Updated 23 Apr, 2021 09:38am

Pakistan

Sajidullah Siddiqui made FBR Member (IT)

KARACHI: Sajidullah Siddiqui, a BS-21 officer of IRS, has been appointed as Member (IT), Federal Board of Revenue...

Updated 22 Apr, 2021 09:50am

Business

Steel sector suggests check in massive mis-declaration

ISLAMABAD: The documented steel sector has proposed to the Federal Board of Revenue (FBR) to take measures to check...

Published 22 Apr, 2021 03:55am

Business

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

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

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

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

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

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

Asim made FBR chairman

ISLAMABAD: Asim Ahmad, FBR Member IT (BS-21 officer of Inland Revenue Service), has assumed the charge of chairman...

Published 10 Apr, 2021 04:34am

Business & Finance

TAS taxpayers’ info: FBR refusal may be challenged before PIC: LHC

ISLAMABAD: Lahore High Court (LHC) has observed that the Federal Board of Revenue's refusal to provide detail of...

Published 10 Apr, 2021 04:34am

Business & Finance

Govt appoints Asim Ahmed as FBR Chairman

The FBR Chairman, Javed Ghani, was set to retire on April 10th, i.e., two months before the announcement of the federal budget.

Published 09 Apr, 2021 04:18pm

Pakistan

Sindh to align its valuation table with FBR for CGT collection from Karachi, Hyderabad, Sukkur

It was pointed out that the FBR has issued valuation tables for three cities including Karachi, Hyderabad, and Sukkur, for Capital Gains Tax collection.

Updated 09 Apr, 2021 12:07am

Business & Finance

Fake/flying invoices: Steel sector submits plan to FBR

ISLAMABAD: The documented steel sector (large steel producers) has offered the Federal Board of Revenue (FBR) to ...

Updated 07 Apr, 2021 09:50am

Pakistan

SICPA vs FBR case: Next hearing to be held at SHC on 13th

ISLAMABAD: The next hearing on M/s SICPA versus the Federal Board of Revenue (FBR) case on the implementation of the...

Published 06 Apr, 2021 04:23am

Business

DNFBPs designated as appellate body for appeals hearing

ISLAMABAD: The Federal Board of Revenue (FBR) has designated Director General of Designated Non-Financial Business...

Published 06 Apr, 2021 04:23am

Registration rules revised: FBR expands scope of AEOs

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed integrated operators, warehouses, authorised couriers,...

Updated 04 Apr, 2021 09:54am

July-March (2020-21): FBR witnesses 10pc growth in collection

ISLAMABAD: The Federal Board of Revenue (FBR) has witnessed 10 percent growth in revenue collection during ...

Published 03 Apr, 2021 03:41am

FBR enforces convention to prevent profit shifting

ISLAMABAD: The Federal Board of Revenue (FBR) has enforced from April 1, 2021 multinational convention to implement...

Published 03 Apr, 2021 03:41am

Business & Finance

FBR clarifies

ISLAMABAD: The Federal Board of Revenue (FBR) has categorically said that the FBR has not taken any decision at the...

Published 03 Apr, 2021 03:41am

Rs404.2bn tax demands: FBR starts winning cases against sugar mills

ISLAMABAD: The Commissioners (Appeals) have started deciding tax evasion cases of sugar mills in favour of the...

Published 02 Apr, 2021 04:58am

APTTA extended for three months

ISLAMABAD: Pakistan and Afghanistan Thursday signed protocol for extension of Afghanistan-Pakistan Transit Trade...

Published 02 Apr, 2021 04:58am

Business

Mutilation of goods/items: Large steel producers oppose FBR’s move

ISLAMABAD: The large steel producers have opposed move by the Customs authorities of the Federal Board of Revenue ...

Published 02 Apr, 2021 04:58am

Business & Finance

PM Khan lauds FBR after ‘historic’ double-digit growth

The prime minister was of the view that the growth is clear signs of the broad-based economic recovery that has resulted from government policies.

Published 01 Apr, 2021 11:39am

Pakistan

IT & telecom sector: Minister concerned at issuance of tax notices

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Amin Ul Haque, on Wednesday, expressed deep concerns...

Updated 01 Apr, 2021 09:08am

July-March (2020-21): Over Rs100bn increase in collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected net revenue of Rs3,394 billion during...

Published 01 Apr, 2021 04:10am

Gainers
Losers
Leaders

Stock	Price
F. Nat.Equities / Dec 5 First National Equities Limited(FNEL)	6.28 ▲ 1.00 (18.94%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.25 ▲ 0.50 (18.18%)
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
Aisha Steel(ConPS) / Dec 5 Aisha Steel(ConPS)(ASLPS)	8 ▲ 0.85 (11.89%)
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	7.93 ▲ 0.76 (10.60%)
HBL Invest Fund / Dec 5 HBL Investment Fund(HIFA)	3.43 ▲ 0.31 (9.94%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Waves Home Appliances / Dec 5 Waves Home Appliances Limited(WHALE)	8.75 ▲ 0.72 (8.97%)
Jubilee Spinning / Dec 5 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.94 ▲ 0.54 (8.44%)
Al-Shaheer Corp / Dec 5 Al Shaheer Corporation Limited(ASC)	9.90 ▲ 0.77 (8.43%)

Stock	Price
Asim Textile / Dec 5 Asim Textile Mills Limited(ASTM)	12.70 ▼ -1.03 (-7.50%)
Universal Network (GEM) / Dec 5 Universal Network Systems Limited (GEM)(GEMUNSL)	28.23 ▼ -2.29 (-7.50%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Pak Suzuki / Dec 5 Pak Suzuki Motor Company Limited(PSMC)	504.39 ▼ -40.90 (-7.50%)
Janana D Mal / Dec 5 Janana De Malucho Textile Mills Limited(JDMT)	63.82 ▼ -5.17 (-7.49%)
Reliance Ins. / Dec 5 Reliance Insurance Company Limited(RICL)	8.80 ▼ -0.70 (-7.37%)
Pak Gulf Leasing / Dec 5 Pak-Gulf Leasing Company Limited(PGLC)	7.18 ▼ -0.57 (-7.35%)
JS Investments / Dec 5 JS Investments Limited(JSIL)	16.02 ▼ -1.23 (-7.13%)
Masood Textile / Dec 5 Masood Textile Mills Limited(MSOT)	50.20 ▼ -3.80 (-7.04%)
AEL Textile / Dec 5 AEL Textile Limited(AEL)	20 ▼ -1.50 (-6.98%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,056,586 ▲ 0.04
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.61
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,923,500 ▲ 1.29
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.07
Fauji Fert Bin / Dec 5 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.14
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,778,132 ▲ 5.13
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,491,106 ▲ 5.48
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,637,629 ▲ 0.38
Hum Network / Dec 5 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.06
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
India Sensex / Dec 4	68865.12
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

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