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Federal Excise Duty

Increase in FED on cigarettes: Health advocates call for implementation of World Bank’s recommendation

ISLAMABAD: Health advocates called for immediate implementation of the latest recommendation of the World Bank (WB)...

Published 18 Nov, 2023 06:03am

FBR shares collection data with IMF

ISLAMABAD: The Federal Board of Revenue (FBR) Friday shared tax-wise data of revenue collection with the...

Updated 04 Nov, 2023 04:06pm

Business & Finance

Tobacco industry to fully install ‘track & trace system’ by year-end

ISLAMABAD: The electronic monitoring track and trace system of the Federal Board of Revenue (FBR) is expected to be...

Published 16 Oct, 2023 05:47am

‘Illicit cigarettes to inflict Rs300bn annual loss on kitty’

ISLAMABAD: The documented tobacco industry has estimated to pay Rs242 billion federal excise duty/sales tax in the...

Updated 13 Oct, 2023 08:46am

Business & Finance

Insurance industry paid Rs34.3bn against taxes, duties in 2022

ISLAMABAD: The insurance industry has paid taxes/duties of Rs34.3 billion to the exchequer during 2022 including...

Updated 03 Oct, 2023 08:43am

Domestic collection improvement: FBR presents strategy to Shamshad

ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, presented a plan before the Ministry of Finance to improve...

Updated 13 Sep, 2023 08:53am

Business & Finance

July-August: Rs24bn surge in revenue collection

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 1,207 billion during the first two...

Updated 01 Sep, 2023 09:10am

Business & Finance

Multinational cigarette makers accused of creating misunderstanding about FED hike

ISLAMABAD: Capital Calling, a network of academic researchers and professionals, has stated that the government is...

Published 24 Aug, 2023 06:22am

Business & Finance

Sale of cigarettes below minimum price: PTC clarifies FBR’s enforcement action does not pertain to its operations

ISLAMABAD: The Pakistan Tobacco Company Limited (PTC) on Wednesday categorically clarified that the Federal Board of...

Published 24 Aug, 2023 06:22am

Business & Finance

650 cartons impounded: FBR initiates crackdown on mispricing of cigarettes

KARACHI: The Federal Board of Revenue (FBR) has launched a crackdown on mispricing of cigarettes and has impounded...

Published 23 Aug, 2023 05:50am

Share of smuggled cigarettes further increases: Documented sector demands govt take action

Pakistan Tobacco Company (PTC) apprehends that the market share of the illicit tobacco sector would further cross 53 percent in the next quarter of 2023-24

Updated 21 Aug, 2023 09:58am

Opinion

Broadening the tax net-II: A solution to taxation woes?

The narrative highlighting the importance of enhancing the number of tax filers also fails to take into account the...

Published 18 Aug, 2023 06:06am

ST, FED return form: FTO directs FBR to rectify errors

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to rectify errors in the...

Updated 12 Aug, 2023 09:10am

Rs9.4trn revenue collection target: FBR required to rely on policy, some other steps

ISLAMABAD: The Federal Board of Revenue (FBR) will heavily rely on policy and administrative/ enforcement measures...

Updated 09 Aug, 2023 09:27am

Editorials

Track-and-trace system loses its own track

EDITORIAL: The tobacco manufacturing industry is the single largest contributor to the Federal Board of Revenue’s...

Published 05 Aug, 2023 06:00am

Business & Finance

Khyber Tobacco asks FBR to implement T&T system ‘flawlessly’

ISLAMABAD: A leading national tobacco manufacturer has asked the Federal Board of Revenue (FBR) to implement the...

Published 15 Jul, 2023 06:08am

FBR to ‘sell’ excise rules, general orders, departmental rulings to public

ISLAMABAD: The Federal Board of Revenue (FBR) will “sell” federal excise rules, general orders and departmental...

Updated 06 Jul, 2023 08:39am

Value of Rs5m or more: 3pc advance tax to be collected on registration of EVs

ISLAMABAD: The advance tax at the rate of 3 percent would be collected at the time of registration of electric...

Updated 04 Jul, 2023 09:11am

Business & Finance

Amendments enacted by Finance Act, 2023 vis-à-vis those proposed in Finance Bill 2023–II

SALES TAX
INCREASE IN RATE OF FURTHER TAX

Published 29 Jun, 2023 04:19am

Business & Finance

Need for better ‘track and trace’ system underscored to ensure provision of fertilizers at official rates

LAHORE: Agriculture Republic, a think tank for brainstorming on issues faced by the agricultural sector, has...

Published 29 Jun, 2023 04:19am

Business & Finance

Fruit juice industry rejects 20pc FED

ISLAMABAD: The fruit juices industry has out rightly rejected 20 percent federal excise duty (FED) in amended ...

Published 26 Jun, 2023 06:38am

Bonus share, super tax: Senate panel rejects all sections of Finance Bill

All deferred items of Customs Act were accepted after due deliberation

Updated 17 Jun, 2023 12:37pm

Cigarettes, juices: FED reduction likely

ISLAMABAD: In an unexpected move, the amended Finance Bill 2023 to be announced on June 23 is expected to decrease...

Updated 16 Jun, 2023 08:59am

Business & Finance

Comments on FY2023-24 Budget

The Finance Bill 2023 did not bring any substantial change in the tax policy as all major revenue measures are aimed...

Updated 12 Jun, 2023 06:46am

Royalty, tech services fee added: Scope of FED on services enlarged

ISLAMABAD: The scope of Federal Excise Duty (FED) on services has been proposed to be enhanced by adding royalty and...

Published 10 Jun, 2023 04:28am

Tobacco industry: FBR anticipates Rs200bn collection on FED hike

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect around Rs200 billion from the tobacco...

Updated 22 May, 2023 09:09am

Business & Finance

Manufacturing unit: T&T system installation decreases overall sales of illicit cigarettes

ISLAMABAD: The installation of the track and trace system at the manufacturing units has decreased the overall sales...

Published 19 May, 2023 06:17am

Juices, aerated water: FBR reviewing FED structure in budget

ISLAMABAD: The Federal Board of Revenue (FBR) is reviewing federal excise duty (FED) structure on juices and aerated...

Updated 19 May, 2023 09:03am

Business & Finance

Cigarettes: FBR generates additional Rs11.3bn under FED

ISLAMABAD: The Federal Board of Revenue (FBR) has so far generated an additional amount of Rs11.3 billion under the...

Published 18 May, 2023 06:10am

Business & Finance

Market share of smuggled cigarettes likely to increase by 50pc

LAHORE: Illicit cigarette brands account for a significant portion of the market, and the tax discrepancy caused by...

Published 10 May, 2023 06:03am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 7 786 Investments Limited(786)	5.47 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 7 Al-Abbas Sugar Mills Limited(AABS)	525 ▼ 0.00 (0.00%)
Agro Allianz / Dec 7 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 7 Allied Bank Limited(ABL)	84.35 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 7 Abbott Laboratories (Pakistan) Limited(ABOT)	491.50 ▼ 0.00 (0.00%)
Abson Ind. / Dec 7 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 7 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 7 Attock Cement Pakistan Limited(ACPL)	107.42 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 7 786 Investments Limited(786)	5.47 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 7 Al-Abbas Sugar Mills Limited(AABS)	525 ▲ 0.00 (0.00%)
Agro Allianz / Dec 7 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 7 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 7 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 7 Allied Bank Limited(ABL)	84.35 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 7 Abbott Laboratories (Pakistan) Limited(ABOT)	491.50 ▲ 0.00 (0.00%)
Abson Ind. / Dec 7 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 7 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 7 Attock Cement Pakistan Limited(ACPL)	107.42 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 7 K-Electric Limited(KEL)	143,664,783 ▲ 0.00
WorldCall Telecom / Dec 7 Worldcall Telecom Limited(WTL)	56,892,842 ▲ 0.00
Hascol Petrol / Dec 7 Hascol Petroleum Limited(HASCOL)	54,500,000 ▲ 0.00
Pak Refinery / Dec 7 Pakistan Refinery Limited(PRL)	42,648,059 ▲ 0.00
Pak Petroleum / Dec 7 Pakistan Petroleum Limited(PPL)	35,324,615 ▲ 0.00
Cnergyico PK / Dec 7 Cnergyico PK Limited(CNERGY)	34,098,148 ▲ 0.00
The Searle Co. / Dec 7 The Searle Company Limited(SEARL)	28,896,273 ▲ 0.00
Oil & Gas Dev. / Dec 7 Oil & Gas Development Company Limited(OGDC)	28,693,019 ▲ 0.00
Ghani Global Holding / Dec 7 Ghani Global Holdings Limited(GGL)	25,361,208 ▲ 0.00
Treet Corp. (R) / Dec 7 Treet Corporation Limited (R)(TREETR2)	24,493,445 ▲ 0.00

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Stock	Volume

Item	Value

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