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Federal Excise Duty

Audit through parametric computer ballot: FBR approves new policy for case selection

Certain cases may be outsourced to the third party for audit purposes

Updated 03 Oct, 2021 11:15am

Rising CAD a big concern: Regulatory duty will be imposed on EVs, raised on other imported cars

ISLAMABAD: Worried with the sudden increase in Current Account Deficit (CAD), the government has decided to impose...

Updated 25 Sep, 2021 11:47am

Pakistan

Industries in ex-FATA/PATA regions: Steel melters oppose FED abolishment

LAHORE: The government has put the last nail in the coffin of the steel industry by abolishing Federal Excise Duty ...

Published 01 Sep, 2021 03:59am

Business & Finance

Former Fata/Pata: Steel sector feels betrayed by removal of FED

ISLAMABAD: The government has totally ignored the documented steel sector in the recent budget (2021-22) by removing...

Published 26 Aug, 2021 04:52am

Pakistan

Misuse of concessions to Fata, Pata: Steel producers approach Tarin for monitoring body

ISLAMABAD: The large steel producers have approached Finance Minister Shaukat Tarin for immediate constitution of a...

Published 12 Aug, 2021 04:34am

Monthly FBR target achieved on July 30 by ‘big margin’

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over and above Rs410 billion during July...

Published 31 Jul, 2021 02:54am

Business

Single identifier number for domestic taxes launched

ISLAMABAD: The Federal Board of Revenue (FBR) has launched a single identifier number for all domestic taxes. ...

Published 29 Jul, 2021 04:48am

Erstwhile Fata: Tax exemptions given to mainstream geographic areas: FBR

ISLAMABAD: Pakistan has a unique case of exemptions in erstwhile Federally Administered Tribal Areas (Fata), where...

Published 24 Jul, 2021 02:30am

Business & Finance

Fiscal measures to boost investor confidence: ABC

KARACHI: The American Business Council (ABC) of Pakistan has said that the government's fiscal measures will boost...

Published 14 Jul, 2021 03:59am

Opinion

Auto policy: the balancing act

A new auto policy is in the offing. Expected price reductions in local and imported cars are making rounds on the...

Published 04 Jul, 2021 03:41am

BR Research

Autos loans: Getting on the fast lane

Auto loans are continuing to shine bright with average monthly net borrowings over the past 11 months standing at...

Published 02 Jul, 2021 07:35am

Over Rs100bn taxes withdrawn

ISLAMABAD: The government has withdrawn taxes of over and above Rs100 billion following withdrawal of the proposed...

Published 30 Jun, 2021 03:54am

Business & Finance

Govt likely to slash ACD, FED on auto-related imports

KARACHI: The government is likely to slash Additional Customs Duty (ACD) by 5 percent and Federal Excise Duty (FED)...

Published 30 Jun, 2021 03:54am

Markets

PALSP rejects impression of selling steel bars at exorbitant rates

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) Sunday conveyed to the government that the...

Published 28 Jun, 2021 04:38am

Pakistan

SPCD hosts webinar on cigarette taxation in Pakistan

KARACHI: The Social Policy and Development Centre (SPDC) hosted a webinar on ‘Cigarette Taxation in Pakistan.’...

Published 25 Jun, 2021 04:20am

Markets

Removal of FED on tribal areas: Govt move to destroy steel sector, other industries: PALSP

ISLAMABAD: The government decision of removal of the Federal Excise Duty (FED) on erstwhile tribal areas will be ...

Published 25 Jun, 2021 04:20am

BR Research

Auto policy revs up

After much fanfare of its predecessor that expires this month, a new automobile development policy is in...

Published 23 Jun, 2021 07:25am

Concealment of income tax: IR officers’ powers to arrest any person withdrawn

ISLAMABAD: The government has taken the final decision to delete all income tax provisions from the Finance Bill,...

Published 19 Jun, 2021 03:23am

Business & Finance

Steel units in Fata/Pata: Proposed withdrawal of 17pc FED to cost kitty Rs50bn/annum: PALSP

ISLAMABAD: All major steel industry associations Thursday said that the proposed measure of withdrawal of 17 percent...

Published 18 Jun, 2021 04:16am

Business & Finance

Erstwhile FATA/PATA regions: Steel industry urges govt to withdraw proposal of abolishing FED

LAHORE: Steel industry stakeholders have urged the government to withdraw the proposal of abolishing Federal Excise...

Published 17 Jun, 2021 03:27am

BR Research

EV anxieties

Having big dreams is sexy, but only if there is a plan working quietly in the background to realize them. That’s...

Published 16 Jun, 2021 07:35am

Business & Finance

KP business community terms Budget FY22 balanced

PESHAWAR: Business community here on Friday termed the federal budget for fiscal year 2021-22, as a 'balanced',...

Updated 12 Jun, 2021 05:36am

Budget

Around Rs506bn taxation measures unveiled

ISLAMABAD: The government has taken measures of around Rs506 billion, including taxation measures of Rs264 billion...

Published 12 Jun, 2021 05:04am

No FED levy on internet data usage: Azhar

ISLAMABAD: Federal Minister for Energy Hammad Azhar said the prime minister or the Cabinet did not approve the...

Published 12 Jun, 2021 05:04am

Business & Finance

Budget 2021-22: FBR estimates it will collect Rs127bn taxes from tobacco industry

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect Rs127 billion taxes from the tobacco industry...

Published 11 Jun, 2021 03:41am

Pakistan

Govt may fix Rs5,800bn as collection target for 2021-22

ISLAMABAD: The government may fix Rs 5800 billion as revenue collection target for the Federal Board of Revenue ...

Published 03 Jun, 2021 04:13am

Business & Finance

Budget 2021-22: Govt urged to ensure single-tier tax system on tobacco products

ISLAMABAD: Anti-tobacco activists and tax experts on Saturday said that the introduction of single-tier taxation...

Published 30 May, 2021 03:51am

Business & Finance

Beverages: Tax-related decision to be taken in light of people's wellbeing: Tarin

ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin on Friday conveyed to the beverage industry that...

Published 29 May, 2021 03:59am

Business

Services sector: Share of taxes hovered at 3.4 to 5pc over the last few years: FBR report

ISLAMABAD: The share of sales tax collected from services sector was hovering around 3.4 percent to 5.0 percent...

Published 28 May, 2021 04:08am

BR Research

Tobacco FED: battle of narratives

Come budget season, different industries become active to secure favorable tax treatment from the government. The...

Published 24 May, 2021 07:30am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Oct 18 786 Investments Limited(786)	7.12 ▼ 0.00 (0.00%)
AL- Abbas / Oct 18 Al-Abbas Sugar Mills Limited(AABS)	282.01 ▼ 0.00 (0.00%)
Agro Allianz / Oct 18 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 18 Allied Bank Limited(ABL)	78.15 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 18 Abbott Laboratories (Pakistan) Limited(ABOT)	780.00 ▼ 0.00 (0.00%)
Abson Ind. / Oct 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 18 Attock Cement Pakistan Limited(ACPL)	137.00 ▼ 0.00 (0.00%)
Adam Sugar / Oct 18 Adam Sugar Mills Limited(ADAMS)	31.24 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Oct 18 786 Investments Limited(786)	7.12 ▼ 0.00 (0.00%)
AL- Abbas / Oct 18 Al-Abbas Sugar Mills Limited(AABS)	282.01 ▼ 0.00 (0.00%)
Agro Allianz / Oct 18 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 18 Allied Bank Limited(ABL)	78.15 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 18 Abbott Laboratories (Pakistan) Limited(ABOT)	780.00 ▼ 0.00 (0.00%)
Abson Ind. / Oct 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 18 Attock Cement Pakistan Limited(ACPL)	137.00 ▼ 0.00 (0.00%)
Adam Sugar / Oct 18 Adam Sugar Mills Limited(ADAMS)	31.24 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 16	171.25
USD PKR Interbank Buying / Oct 16	171.15
USD to Japanese Yen / Oct 16	114.22
USD to Swiss Franc / Oct 16	0.92
Pound Sterling to USD / Oct 16	1.38
Euro to USD / Oct 16	1.16
UK LIBOR % / Oct 16	0.07

Stock	Volume
S&P 500 / Oct 16	4471.37
India Sensex / Oct 16	61305.95
Tokyo Nikkei / Oct 16	29068.63
Nasdaq / Oct 16	14897.34
Hang Seng / Oct 16	25330.96
FTSE 100 / Oct 16	7234.03
Dow Jones / Oct 16	35294.76
Germany DAX 30 / Oct 16	15587.36
France CAC40 / Oct 16	6727.52

Item	Value
Crude Oil / Oct 16	82.28
Karachi Cotton Assoc. / Oct 16	14280.00
Gold 10 Grams / Oct 16	98600.00
Gold Spot / Oct 16	1767.62
Cotton / Oct 16	107.33

Federal Excise Duty

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