Topic

global tax

More than 145 countries agree on update to global minimum tax deal

Published 06 Jan, 2026 05:46am

PARIS: More than 145 countries agreed on Monday to amend a 2021 global minimum corporate tax agreement, addressing...

India asks whether global tax deal can work after US withdrawal

Published 03 Feb, 2025 02:09pm

NEW DELHI: India is assessing whether a global corporate tax deal agreed between 140 nations can work following U.S....

Tackling inequality

Published 02 Aug, 2024 05:55am

EDITORIAL: In a perfect reflection of the way global income and wealth disparities have grown exponentially in our...

OECD, Pakistan & tax evasion

Updated 26 Jul, 2024 08:22am

The Organisation for Economic Co-operation and Development (OECD), an international organization dedicated to...

Failure to tax world’s richest means global tax needed

Updated 27 Jun, 2024 08:50am

PARIS: The failure of rich countries to tax the world’s billionaires has made it necessary to introduce a global...

US negotiating R&D tax credit as part of global tax deal: Yellen

Published 01 May, 2024 04:14am

WASHINGTON: Treasury Secretary Janet Yellen said on Tuesday that the United States is in talks with other countries...

Australia upbeat on global tax talks at G20 in India

Published 15 Jul, 2023 10:52am

SYDNEY: Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul...

France, Germany to sidestep Hungary on global tax

Published 09 Sep, 2022 06:20pm

PRAGUE: Germany, France and three other top European economies said Friday they would implement an international...

Hungary parliament panel reiterates opposition to global minimum tax

Published 11 Jul, 2022 06:17pm

BUDAPEST: Hungary’s parliamentary economic affairs panel on Monday reiterated the ruling Fidesz party’s opposition...

Poland blocks EU compromise on global minimum corporate tax deal

Published 05 Apr, 2022 05:28pm

PARIS: Poland on Tuesday blocked a French-proposed compromise on how to implement a minimum corporate tax across the...

Global tax deal leaves billion-dollar loopholes

Published 04 Dec, 2021 04:23am

Leaders of the world’s largest economies hailed a recent agreement to overhaul global corporate tax rules as key...

G20 leaders approve global tax reform deal

Published 30 Oct, 2021 09:50pm

Some 136 countries representing more than 90 percent of global GDP have signed a OECD-brokered deal to more fairly tax multinational companies and enact a minimum tax on global corporations of 15 percent

G7 finance ministers agreed on Saturday on a system to make multinational companies pay more tax in countries where they operate, alongside a minimum global corporate tax rate of at least 15%.

Global tax still far from becoming reality

Published 09 Jun, 2021 11:36am

The country has a 25 percent corporate tax rate which drops to 15 percent for high-tech companies.

EXCLUSIVE G7 to back minimum global corporate tax and support economy - draft

Published 31 May, 2021 10:17pm

"We commit to not withdrawing policy support too soon and investing to promote growth, create high-quality jobs and address climate change and inequalities," the draft communique, seen by Reuters, said.

US drops demand for 'safe harbor' regime in global tax talks

Published 26 Feb, 2021 09:19pm

Secretary Yellen announced that we will engage robustly to address both Pillars of the OECD project, and that that the United States is no longer advocating for "safe harbor" implementation of Pillar 1.

France hails US shift on tech tax

Published 20 Jan, 2021 05:39pm

French Finance Minister hailed Yellen's comments as marking "a real change in position on the taxation of digital giants."

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Oct 1	158.32
USD to Swiss Franc / Oct 1	0.84
Pound Sterling to USD / Oct 1	1.32
Euro to USD / Oct 1	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
Dow Jones / Sep 30	50,906.05
India Sensex / Oct 1	71,770.30
Tokyo Nikkei / Oct 1	68,956.72
FTSE 100 / Oct 1	10,413.82
Germany DAX 30 / Oct 1	24,851.64
France CAC40 / Oct 1	7,827.14

Item	Value
Petrol/Litre / Oct 1	387.54
Crude Oil USD/Barrel / Oct 1	92.53
Karachi Cotton PKR/37.32 KG / Oct 1	18,480
Gold 10 Grams PKR / Oct 1	376,059
Gold Spot USD/Ounce / Oct 1	4,162.20
Diesel/Litre / Oct 1	402.24
Cotton US¢/pound / Oct 1	78.41

Gainers
Losers
Leaders

Stock	Price
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15.70 ▲ 1.43 (10.02%)
Arctic Textile / Oct 1 Arctic Textile Mills Limited(ARCTM)	57.33 ▲ 5.21 (10%)
Dewan Motors / Oct 1 Dewan Farooque Motors Limited(DFML)	17.49 ▲ 1.59 (10%)
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	196.28 ▲ 17.84 (10%)
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Fazal Cloth / Oct 1 Fazal Cloth Mills Limited(FZCM)	280.46 ▲ 25.5 (10%)
Mandviwala / Oct 1 Mandviwala Mauser Plastic Industries(MWMP)	84.78 ▲ 7.71 (10%)
Popular Islamic / Oct 1 Popular Islamic Modaraba(PIM)	65.60 ▲ 5.96 (9.99%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	125 ▲ 11.04 (9.69%)
F. Nat.Equities / Oct 1 First National Equities Limited(FNEL)	1.22 ▲ 0.1 (8.93%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	125 ▼ -39.01 (-23.79%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	45.51 ▼ -5.06 (-10.01%)
First Tri-Star Mod. / Oct 1 First Tri-Star Modaraba(FTSM)	44.03 ▼ -4.89 (-10%)
Pakistan Credit Rating Agency / Oct 1 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	43.67 ▼ -4.85 (-10%)
Hafiz Ltd. / Oct 1 Hafiz Limited(HAFL)	404.06 ▼ -44.9 (-10%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
Ghani Chemworld Limited(PRS) / Oct 1 Ghani Chemworld Limited(PRS)(GCWLPRS)	107.10 ▼ -11.73 (-9.87%)
Apna Microfin. / Oct 1 Apna Microfinance Bank Limited(AMBL)	18.01 ▼ -1.79 (-9.04%)
Mughal Energy / Oct 1 Mughal Energy Limited(GEM)(GEMMEL)	37.30 ▼ -3.7 (-9.02%)
Power Cem(Pref) / Oct 1 Power Cement (Pref)(POWERPS)	29.65 ▼ -2.84 (-8.74%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	87,751,059 ▲ 0.2
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	23,383,552 ▼ -0.05
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	22,508,491 ▼ -2.9
F. Nat.Equities / Oct 1 First National Equities Limited(FNEL)	22,435,340 ▲ 0.1
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	19,671,773 ▼ -0.22
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	17,479,808 ▲ 0.01
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	15,480,015 ▲ 1.43
WorldCall Telecom / Oct 1 Worldcall Telecom Limited(WTL)	14,879,091 ▲ 0
Oilboy Energy / Oct 1 Oilboy Energy Limited(OBOY)	12,863,319 ▲ 0.11
K-Electric Ltd. / Oct 1 K-Electric Limited(KEL)	12,782,952 ▲ 0.01

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