Topic

Finance Act 2024

Entry-151 of Sixth Schedule to STA: SC CB grants status quo, restores amendment

Updated 15 May, 2025 09:35am

ISLAMABAD: The Constitutional Bench of the Supreme Court granting status quo, restored and maintained the amendment...

SHC could initiate proceedings against CTO IR chief

Published 20 Mar, 2025 05:30am

ISLAMABAD: Sindh High Court (SHC) will initiate proceedings against Chief Commissioner Corporate Tax Office (CTO),...

Removal of GST on POL products: Oil refineries seek minister’s intervention

Updated 06 Mar, 2025 04:08pm

ISLAMABAD: Pakistan’s oil refineries have called on Finance Minister Senator Muhammad Aurangzeb to urgently...

OCAC asks govt to revise OMCs’ margin

Published 25 Jan, 2025 06:22am

ISLAMABAD: The Oil Companies Advisory Council (OCAC) asked the federal government to revise Oil Marketing Companies...

NTC Appellate Tribunal: ECC directs ministry to expedite formation

Updated 24 Jan, 2025 09:37am

ISLAMABAD: The Economic Coordination Committee (ECC) has directed the Ministry of Law and Justice to expedite the...

FED on allotment or transfer of commercial properties challenged

Updated 28 Sep, 2024 09:21am

ISLAMABAD: The federal excise duty (FED), recently levied through the Finance Act, 2024, on transfer of plots and...

Higher returns thru Islamic banking perturb Senate panel?

Updated 26 Sep, 2024 09:03am

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad, Wednesday, said that inflation is expected to remain...

Tax collection under Finance Act 2024: KTBA urges FBR to clarify new amendments

Updated 20 Aug, 2024 08:49am

KARACHI: The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to clarify the...

Imported goods specified in Third Schedule: FBR empowered to fix value of supply

Updated 06 Aug, 2024 09:07am

ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to fix the value of supply in case of imported...

Petroleum products into sales Tax exemption: Change of status of zero-rating to benefit FBR worth Rs20bn

Published 31 Jul, 2024 06:40am

ISLAMABAD: The change of status of zero-rating of petroleum products into sales tax exemption would benefit Federal...

FBR tells banks: Only bad debts classified as loss are expense

Updated 31 Jul, 2024 09:29am

ISLAMABAD: The Federal Board of revenue (FBR) has conveyed to banks that only bad debts classified as loss...

The fast-eroding trust of taxpayers

Updated 29 Jul, 2024 07:06am

EDITORIAL: A multitude of tax revenue measures introduced in the FY25 budget are unraveling piece by piece. The...

25pc tax slapped on imported mobile phones in CBU condition

Updated 25 Jul, 2024 01:21pm

Updated Sales Tax Act reveals 25 percent sales tax would be charged on the import of mobile phones or satellite phones on the basis of import value (exceeding USD 500) per set, or equivalent value in rupees in case of supply by the manufacturer

Business community urges PM to review ‘negative’ measures in Finance Act

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

Finance Act 2024

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