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GST

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

Govt agrees to key PBC budgetary proposal

ISLAMABAD: The government has agreed, in principle, to a key budget proposal of the Pakistan Business Council (PBC)...

Published 26 May, 2021 03:45am

Opinion

Perhaps the last chance

Prime Minister Imran Khan this week again said that the appointment of Shaukat Tarin as finance minister is aimed at...

Published 22 May, 2021 04:05am

Pakistan

LHC suspends notices issued to steel mills by Lesco

LAHORE: The Lahore High Court has suspended the notices issued by Lahore Electric Supply Company (Lesco) to various...

Published 21 May, 2021 05:04am

Supply of disposable syringes exempted from GST: ATIR

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has categorically declared that the supply of disposable...

Published 20 May, 2021 04:26am

Business & Finance

Budget proposals: FIC for cut in GST and WHT on fertilizers’ import

KARACHI: Fertilizer Importers Council (FIC) has proposed reduction of GST and Withholding Tax on the import of...

Updated 20 May, 2021 09:21am

Pakistan

Govt urged for finalizing upcoming budget in consultation with chambers, trade bodies

He said that 17 percent GST was a major factor for high cost of doing business and hike in inflation for the common man.

Published 19 May, 2021 08:35pm

Business & Finance

GST, e-filing of returns: KTBA requests FBR to extend deadlines

KARACHI: Karachi Tax Bar Association (KTBA) Tuesday requested the Federal Board of Revenue (FBR) to extend the date...

Published 19 May, 2021 06:00am

Purchases made from persons in Fata, Pata not liable to GST: ATIR

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has declared that the purchases made from the persons ...

Published 12 May, 2021 04:23am

Business

Filing of GST returns: FBR urged to extend deadline till 31st

KARACHI: Hanif Lakhany, Vice President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) &...

Published 06 May, 2021 03:49am

No GST chargeable on auction for serviceable old cars: FBR

ISLAMABAD: To avoid practice of double payment of sales tax on vehicles auction, the Federal Board of Revenue (FBR)...

Updated 30 Apr, 2021 09:28am

BR Research

What do exporters want?

During an active pandemic, Pakistan’s exports remain sticky around $2 billion per month level during 9MFY21. That...

Published 22 Apr, 2021 07:25am

POL products’ prices slashed

ISLAMABAD: The federal government has announced, on Thursday, a reduction in ex-depot prices of petroleum products...

Published 16 Apr, 2021 03:40am

Personal income tax: FBR trying to reduce number of slabs to 5

ISLAMABAD: The Federal Board of Revenue (FBR) is working on different options to bring down the number of personal...

Published 16 Apr, 2021 03:40am

Business & Finance

Govt pledges to bring GST, PIT reforms in next budget

ISLAMABAD: Tax revenues, net of refunds, grew 12 percent on year to year while the government has pledged to the...

Updated 09 Apr, 2021 09:19am

Business & Finance

3rd Schedule list: APMSPIDA for removal of motorcycle spare parts

KARACHI: Chairman All Pakistan Motorcycle Spare Parts Importer & Dealer Association (APMSPIDA), Khalid Waheed ...

Updated 08 Apr, 2021 09:06am

Business & Finance

Fake/flying invoices: Steel sector submits plan to FBR

ISLAMABAD: The documented steel sector (large steel producers) has offered the Federal Board of Revenue (FBR) to ...

Updated 07 Apr, 2021 09:50am

Business

FBR urged to lower duty on import of motorcycle spare parts

KARACHI: Chairman of the All Pakistan Motorcycle Spare Parts Importers and Dealers Association, Khalid Waheed has...

Published 30 Mar, 2021 05:45am

MoMA to challenge GST on CDC imposed by Sindh govt

ISLAMABAD: Ministry of Maritime Affairs (MoMA) is to challenge General Sales Tax (GST) on Channel Development Cess...

Published 29 Mar, 2021 06:05am

GST removal on locally-assembled units: Samsung, OPPO may start manufacturing cellphones

ISLAMABAD: M/s Samsung and M/s OPPO are likely to start local assembly in Pakistan soon after removal of sales tax ...

Published 11 Mar, 2021 05:25am

Business & Finance

‘NTC only a discussion forum’

LAHORE: The National Tax Council (NTC) lacks the constitutional cover like the General Sales Tax (GST) Council in...

Updated 24 Feb, 2021 09:39am

Import and supply: White sugar exempted from 17pc GST, 3pc VAT

ISLAMABAD: The Federal Board of Revenue (FBR) Friday exempted 17 percent sales tax and three percent minimum Value...

Published 20 Feb, 2021 04:52am

World

India committed to bring natural gas under GST, says PM Modi

He said India was spending 7.5 trillion rupees ($103.05 billion) over 5 years to build its oil and gas infrastructure.

Published 17 Feb, 2021 06:44pm

Remaining 40pc PL target to be met by June-end: officials

ISLAMABAD: The government will meet the remaining 40 percent of the Rs 450 billion budgeted petroleum levy (PL)...

Published 17 Feb, 2021 04:24am

Pakistan

No amendment introduced to IT Ordinance 2001

ISLAMABAD: Despite the commitment of the government, the Tax Laws Amendment Ordinance 2021 has not introduced any...

Updated 16 Feb, 2021 09:36am

Prices of POL products likely to surge

ISLAMABAD: The prices of POL products are likely to be increased in the second half of February due to significant...

Published 14 Feb, 2021 03:49am

Business

Grey areas: FBR finalising viewpoint on papers developed by provincial revenue authorities

ISLAMABAD: The Federal Board of Revenue (FBR) is finalising its viewpoint on the concept papers developed by the...

Published 11 Feb, 2021 04:34am

Opinion

Benefits of digitizing documents

The puzzle of documentation is not getting solved. The cash (or more broadly the informal) economy is growing ...

Published 07 Feb, 2021 04:07am

Business & Finance

‘Industrialization requires reduced cost of doing business’

KARACHI: National Business Group chairman and Pakistan Businessmen and Intellectuals Forum president Mian Zahid...

Published 31 Jan, 2021 03:35am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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