Trends - illicit trade - Business Recorder

illicit trade

Sectors including tobacco: ‘Illicit trade continues to be Achilles heel for revenue collectors’

LAHORE: As the federal government gears up to present the FY 2025–26 budget today, illicit trade in sectors...

Published 10 Jun, 2025 06:07am

Pakistan

Tax evasion, smuggling: MoC and PRIME update Senate panel

ISLAMABAD: The meeting of the sub-committee of the Senate Standing Committee on Commerce, chaired by Senator Sarmad...

Published 07 Jun, 2025 04:59am

Illicit trade, smuggling: MoC says it doesn’t maintain any related data

Suggests a 'Whole-of-Government' approach to address the issue comprehensively

Updated 06 Jun, 2025 02:51pm

Opinion

Tobacco industry distraction?

As Pakistan grapples with economic instability and a looming revenue shortfall, the tobacco industry has once again...

Updated 24 May, 2025 08:13am

Editorials

Pakistan’s smuggling epidemic

EDITORIAL: For decades, illicit trade and smuggling of goods across multiple sectors have imposed a crippling drain...

Updated 21 May, 2025 07:41am

Pakistan loses Rs750bn tax revenue to illicit trade, smuggling yearly: report

ISLAMABAD: Pakistan loses Rs 750 billion in tax revenue per annum due to illicit trade and smuggling, reflecting...

Updated 02 May, 2025 09:04am

Business & Finance

FBR’s efforts to stop tax leakages commendable

LAHORE: The government's recognition and efforts to curb tax evasion across the country are commendable; however,...

Published 01 Nov, 2024 08:08am

Business & Finance

Call for taking action against illicit trade

LAHORE: Without expanding the tax base and strict implementing a comprehensive track and trace system, the ...

Published 29 Jul, 2024 06:37am

Pakistan

Health professionals assail trade of illicit, sub-standard tea

LAHORE: Terming the health risks associated with the illicit and sub-standard tea, health professionals said that...

Published 15 Jul, 2024 07:33am

Business & Finance

TRACIT recommends ‘Anti-Illicit Trade Coordinator’ to deal with challenge of illicit trade

ISLAMABAD: The Transnational Alliance to Combat Illicit Trade (TRACIT) recommended “Anti-Illicit Trade...

Published 07 May, 2024 08:05am

Need stressed to implement much delayed TTS

ISLAMABAD: Prime Minister Shehbaz Sharif’s recent commitment to robust tax enforcement has underscored the urgent...

Updated 06 May, 2024 09:02am

Business & Finance

Enhancement of tax-to-GDP ratio: ‘Govt should curtail tax evasion, illicit trade in major sectors’

LAHORE: “The government could enhance the tax-to-GDP ratio, increase tax collection and reduce the budget deficit...

Published 30 Mar, 2024 08:03am

Business & Finance

Tobacco revenue may cross $2bn mark by curbing illicit trade

LAHORE: The government has the potential to generate $2 billion revenue from the legitimate tobacco industry by...

Published 09 Mar, 2024 04:59am

Illicit trade: Cigarette makers question FBR’s performance

ISLAMABAD: Leading cigarette manufacturers Friday raised serious questions over the performance of the Federal Board...

Updated 22 Jul, 2023 09:45am

Pakistan

Expert underscores need for dealing with illicit trade challenge

LAHORE: Terming inaccurate statistics regarding illicit trade in Pakistan as a significant barrier to making...

Published 22 May, 2023 06:23am

Business & Finance

Govt considering imposing Rs300 FED on tobacco at GLT stage

ISLAMABAD: The government is considering a budget proposal of the documented tobacco industry to impose Rs300 ...

Published 04 Jun, 2022 04:18am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 8	284.42
USD PKR Interbank Buying / Jul 8	284.22
USD to Japanese Yen / Jul 9	146.94
USD to Swiss Franc / Jul 9	0.80
Pound Sterling to USD / Jul 9	1.36
Euro to USD / Jul 9	1.17
UK LIBOR % / Jul 8	4.96

Stock	Volume
S&P 500 / Jul 8	6,225.52
Nasdaq / Jul 8	20,418.46
Dow Jones / Jul 8	44,240.76
India Sensex / Jul 9	83,757.09
Tokyo Nikkei / Jul 9	39,795.58
Hang Seng / Jul 9	23,834.86
FTSE 100 / Jul 9	8,869.48
Germany DAX 30 / Jul 9	24,314.96
France CAC40 / Jul 9	7,801.25

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 8	16,585
Gold 10 Grams PKR / Jul 8	303,926
Petrol/Litre / Jul 9	266.79
Crude Oil USD/Barrel / Jul 9	68.13
Gold Spot USD/Ounce / Jul 9	3,290.62
Diesel/Litre / Jul 9	272.98
Cotton US¢/pound / Jul 9	67.40

Gainers
Losers
Leaders

Stock	Price
TPL Trakker Ltd / Jul 9 TPL Trakker Limited(TPLT)	9.02 ▲ 1 (12.47%)
Trust Mod. / Jul 9 Trust Modaraba(TRSM)	9.72 ▲ 1 (11.47%)
Habib Ins. / Jul 9 Habib Insurance Company Limited(HICL)	10.47 ▲ 1 (10.56%)
Kohinoor Energy / Jul 9 Kohinoor Energy Limited(KOHE)	21.18 ▲ 1.93 (10.03%)
First Treet Manuf / Jul 9 First Treet Manufacturing Modaraba(FTMM)	19.43 ▲ 1.77 (10.02%)
Kohinoor Mills / Jul 9 Kohinoor Mills Limited(KML)	82.01 ▲ 7.46 (10.01%)
Khairpur Sug. / Jul 9 Khairpur Sugar Mills Limited(KPUS)	147 ▲ 13.36 (10%)
Clover Pakistan / Jul 9 Clover Pakistan Limited(CLOV)	45.85 ▲ 4.17 (10%)
Gatron Ind. / Jul 9 Gatron (Industries) Limited(GATI)	176.74 ▲ 16.07 (10%)
Hafiz Ltd. / Jul 9 Hafiz Limited(HAFL)	329.71 ▲ 29.97 (10%)

Stock	Price
Alfalah ETF. / Jul 9 Alfalah Consumer Index ETF.(ACIETF)	15.94 ▼ -1.71 (-9.69%)
Ideal Spinning / Jul 9 Ideal Spinning Mills Limited(IDSM)	27.87 ▼ -2.73 (-8.92%)
Tata Textile / Jul 9 Tata Textile Mills Limited(TATM)	195 ▼ -18.37 (-8.61%)
Apna Microfin. / Jul 9 Apna Microfinance Bank Limited(AMBL)	14.22 ▼ -1.07 (-7%)
J.A.Textile / Jul 9 J.A. Textile Mills Limited(JATM)	26.62 ▼ -1.88 (-6.6%)
Haseeb Waqas / Jul 9 Haseeb Waqas Sugar Mills Limited(HWQS)	23.50 ▼ -1.42 (-5.7%)
Pak Synthetics / Jul 9 Pakistan Synthetics Limited(PSYL)	67 ▼ -3.82 (-5.39%)
Zephyr Textile / Jul 9 Zephyr Textiles Limited(ZTL)	16.60 ▼ -0.93 (-5.31%)
Elahi Cotton / Jul 9 Elahi Cotton Mills Limited(ELCM)	127 ▼ -6.87 (-5.13%)
Sardar Chemical / Jul 9 Sardar Chemical Industries Limited(SARC)	61.10 ▼ -2.93 (-4.58%)

Stock	Volume
TPL Properties / Jul 9 TPL Properties Limited(TPLP)	60,777,339 ▲ 0.03
Kohinoor Spining / Jul 9 Kohinoor Spinning Mills Limited(KOSM)	49,927,828 ▲ 0.23
Treet Battery / Jul 9 Treet Battery Limited(TBL)	35,243,211 ▲ 0.98
PIA Holding Co.Ltd / Jul 9 PIA Holding Company Limited(PIAHCLA)	28,810,651 ▲ 1.76
Hascol Petrol / Jul 9 Hascol Petroleum Limited(HASCOL)	28,458,617 ▲ 0.02
WorldCall Telecom / Jul 9 Worldcall Telecom Limited(WTL)	25,124,279 ▲ 0
Dewan Cement / Jul 9 Dewan Cement Limited(DCL)	23,079,705 ▲ 0.8
Treet Corp / Jul 9 Treet Corporation Limited(TREET)	17,223,929 ▲ 0.89
Pervez Ahmed Consultancy / Jul 9 Pervez Ahmed Consultancy Services Ltd.(PASL)	17,158,659 ▲ 0.08
Image Pakistan / Jul 9 Image Pakistan Limited(IMAGE)	16,917,512 ▼ -0.65

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