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GST

GST collection by FBR, SRB: PBC seeks clarity from Tarin

ISLAMABAD: The Pakistan Business Council (PBC) has approached Finance Minister Shaukat Tarin for clarity apropos,...

Updated 13 Oct, 2021 09:47am

GST dispute on power subsidy: ECC to give its decision on legality

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is to give its verdict on legality of...

Published 29 Sep, 2021 03:00am

July: Over Rs65bn GST on crude oil import collected

ISLAMABAD: The Federal Board of Revenue (FBR) has collected over Rs65 billion sales tax on the import of crude oil...

Updated 28 Aug, 2021 01:39pm

Fertilizer industry input-output GST mismatch: Amendment to Finance Act can help resolve issue

ISLAMABAD: The Federal Board of Revenue (FBR) may address the issue of sales tax collection mechanism on fertilizer...

Updated 19 Aug, 2021 10:58pm

FED, GST deadlines extended

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for payment and submission of sales tax and...

Published 15 Aug, 2021 03:06am

Ex-depot prices of petrol, kerosene oil increased

ISLAMABAD: The federal government Saturday announced raise in the ex-depot prices of petrol by 1.4 percent and...

Published 01 Aug, 2021 04:34am

PL cut, waiver on POL products: Rs10bn negative revenue impact projected

ISLAMABAD: The government reduced the rate of petroleum levy (PL) on High Speed Diesel (HSD) - from Rs 3.61 per ...

Updated 24 Jul, 2021 10:44am

Opinion

Overriding ‘doctrine of mutuality’

Through the Finance Act, 2021 [“the Act”], the Parliament has made an amendment with retrospective application ...

Published 09 Jul, 2021 04:25am

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

Fixed GST on SIM cards withdrawn

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn fixed sales tax on SIM cards of the mobile phones from...

Published 02 Jul, 2021 04:19am

Markets

Ogra seeks hike in POL products' prices

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has recommended a hike in the ex-depot prices of petrol and...

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

Business & Finance

Tax exemption on manufacturing of cold storages demanded

KARACHI: Vice President of Pakistan Businesses Forum (PBF) Ahmad Jawad has demanded of the federal government to...

Published 25 Jun, 2021 04:20am

Business

Withdrawal of GST on agri equipment, apparatus suggested

ISLAMABAD: The sub-committee of the National Assembly Special Committee on Agricultural Products has recommended...

Published 24 Jun, 2021 03:36am

Pakistan

Incorporating in Finance Bill: NA body to suggest recommendations to Tarin

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue has begun – for the first time – ...

Published 23 Jun, 2021 04:26am

Waqar rejects budget criticism

ISLAMABAD: Prime Minister Special Assistant on Finance and Revenue, Dr. Waqar Masood has said that criticism on...

Published 22 Jun, 2021 04:46am

BR Research

Sales tax conundrum for online marketplaces

In its attempt to digitize, document and bring the sellers and retailers in the tax ambit, the government has...

Published 17 Jun, 2021 07:35am

Business & Finance

Fertilizer industry seeks harmonisation of GST

ISLAMABAD: The fertilizer industry has urged the government for the harmonisation of the general sales tax (GST) by...

Published 17 Jun, 2021 03:27am

Business

Precious stones, dairy products: Senate body opposes move to increase ST

ISLAMABAD: The Senate Standing Committee on Finance has strongly opposed the government’s move to increase sales...

Published 17 Jun, 2021 03:27am

Pakistan

Growers reject Punjab budget

LAHORE: Growers organizations have claimed that an additional burden of Rs 25-30 billion has been imposed on farmers...

Published 16 Jun, 2021 03:40am

Prices of petrol, diesel raised to achieve PL target

ISLAMABAD: The government has raised the ex-depot prices of petroleum products, on Tuesday, in a bid to achieve a...

Published 16 Jun, 2021 03:39am

Markets

Ogra proposes raise in prices of petrol, HSD

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra), on Monday, recommended 3.8 percent increase in the price of...

Published 15 Jun, 2021 03:30am

Business & Finance

Around 2,102 small, medium exporters closed businesses in last two years: Bilwani

KARACHI: As against the government claim to facilitate exporters to boost country’s exports, some 2,102 small and...

Published 15 Jun, 2021 03:30am

GST on sugar proposed to be levied on retail price basis

ISLAMABAD: Sales tax on sugar is proposed to be levied on retail price basis by including it in the Third Schedule ...

Published 13 Jun, 2021 03:56am

17pc GST hike on crude oil import proposed

ISLAMABAD: The federal government has proposed to raise the rate of GST on import of crude oil by 17 percent in a ...

Published 13 Jun, 2021 03:56am

Farmers' associations term budget 'unsatisfactory'

ISLAMABAD: The farmers' associations on Saturday termed the budget 2021-22 unsatisfactory for the agriculture ...

Published 13 Jun, 2021 03:56am

Budget

Growth-focused budget: IMF acquiescence, not consent?

• Rs8.49trn FY22 outlay is based on 4.8pc growth target and increased spending on public sector development • ...

Published 12 Jun, 2021 06:04am

Budget

17pc GST on sales via online marketplace

ISLAMABAD: The sales of goods through an online marketplace have been subjected to 17 percent sales tax by...

Published 12 Jun, 2021 05:04am

Business

Sales tax integration: FBR study seeks necessary constitutional amendments

ISLAMABAD: A study of the Federal Board of Revenue (FBR) on sales tax integration suggested necessary constitutional...

Published 28 May, 2021 04:08am

Business & Finance

Revival of industries: PBC publishes checklist for policymakers

KARACHI: As the government has embarked on a fresh impetus to revive industrial growth, Pakistan Business Council...

Published 27 May, 2021 03:40am

Gainers
Losers
Leaders

Stock	Price
786 Investments / Oct 16 786 Investments Limited(786)	7.12 ▼ 0.00 (0.00%)
AL- Abbas / Oct 16 Al-Abbas Sugar Mills Limited(AABS)	282.01 ▼ 0.00 (0.00%)
Agro Allianz / Oct 16 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 16 Allied Bank Limited(ABL)	78.15 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 16 Abbott Laboratories (Pakistan) Limited(ABOT)	780.00 ▼ 0.00 (0.00%)
Abson Ind. / Oct 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 16 Attock Cement Pakistan Limited(ACPL)	137.00 ▼ 0.00 (0.00%)
Adam Sugar / Oct 16 Adam Sugar Mills Limited(ADAMS)	31.24 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Oct 16 786 Investments Limited(786)	7.12 ▼ 0.00 (0.00%)
AL- Abbas / Oct 16 Al-Abbas Sugar Mills Limited(AABS)	282.01 ▼ 0.00 (0.00%)
Agro Allianz / Oct 16 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 16 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 16 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 16 Allied Bank Limited(ABL)	78.15 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 16 Abbott Laboratories (Pakistan) Limited(ABOT)	780.00 ▼ 0.00 (0.00%)
Abson Ind. / Oct 16 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Oct 16 Attock Cement Pakistan Limited(ACPL)	137.00 ▼ 0.00 (0.00%)
Adam Sugar / Oct 16 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

GST

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