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Inland Revenue

Challenges before FBR’s new chairman

FBR (Federal Board of Revenue) has failed to meet original tax targets for the last six fiscal years, three of the...

Published 06 Sep, 2024 07:23am

Revenue collection: FBR evaluating commissioner-wise performance

ISLAMABAD: Chairman Federal Board of Revenue (FBR) is closely monitoring performance of each Commissioner Inland...

Updated 01 Sep, 2024 02:47pm

Finally, FBR reaches out to traders

Meeting to be held on August 27

Updated 26 Aug, 2024 09:28am

Admin pool: Notifications of transfers, postings still intact: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has categorically conveyed to the Inland Revenue field formations that...

Updated 24 Aug, 2024 09:29am

Business & Finance

Dr Hamid made new Member Inland Revenue Policy

ISLAMABAD: The government has appointed a seasoned tax official of the Inland Revenue Service Dr Hamid Ateeq Sarwar...

Published 16 Aug, 2024 06:56am

Business & Finance

Battargram-Silk/Karakoram road: FBR establishes check post of IR officers

ISLAMABAD: The Federal Board of Revenue (FBR) has established a check post of Inland Revenue officers at district...

Published 09 Aug, 2024 06:56am

Business & Finance

Blacklisting, suspension: FBR empowers CC-IR to review orders

ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Chief Commissioners (Inland Revenue) to review the...

Published 07 Aug, 2024 05:38am

Business & Finance

Registered persons: Commissioner IR authorised to conduct GST audit

ISLAMABAD: The Commissioner, Inland Revenue has been authorized to conduct sales tax audit of any registered person....

Published 06 Aug, 2024 06:40am

Pakistan

Tax refunds to large taxpayer companies: FIA issues another notice to Member IR (Operation)

ISLAMABAD: Federal Investigation Agency (FIA) has issued another notice to Mir Badshah Khan Wazir Member Inland...

Published 05 Aug, 2024 08:24am

Business & Finance

Ex-parte orders passed by IR officers: FBR chief moved against arbitrary tax demands

ISLAMABAD: Tax advisers have approached the Federal Board of Revenue (FBR) chairman against the arbitrary tax ...

Published 12 Jul, 2024 05:48am

Defamation suit: ADSJ Lahore summons FBR officers

ISLAMABAD: Additional District and Sessions Judge, Lahore (ADSJ) has summoned Chief Commissioner Inland Revenue, and...

Updated 08 Jul, 2024 09:03am

Major urban cities: Valuation of immovable properties to be increased to 90pc

ISLAMABAD: The Federal Board of Revenue (FBR) Friday informed the Senate Standing Committee on Finance that the...

Updated 22 Jun, 2024 05:37pm

Business & Finance

Enactment of Tax Laws (Amendment) Act, 2024: ATIR members raise serious questions over benches’ legitimacy

ISLAMABAD: Judicial members of the Appellate Tribunal (Inland Revenue) have apprehended that Tax Laws (Amendment)...

Published 14 May, 2024 05:18am

Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue (IR) field formations to recover sales...

Updated 08 May, 2024 08:51am

Blocking SIMs of non-filers: FBR decides to summon telcos’ operators

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to call all telecom operators at the FBR Headquarters to...

Updated 06 May, 2024 09:18am

Business & Finance

Finance Bill 2024: Policy Cell to compile IR budget proposals

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Policy Cell for compilation of Inland Revenue budget...

Published 01 May, 2024 04:14am

Major shuffle in FBR ahead of budget preparation exercise

ISLAMABAD: In a major reshuffling before budget preparation exercise for 2024-25, the Federal Board of Revenue (FBR)...

Updated 27 Apr, 2024 09:02am

Tax law amendment bill introduced in NA

ISLAMABAD: The government, Wednesday, introduced the Tax Law Amendment Bill, 2024, in the National Assembly,...

Updated 25 Apr, 2024 08:53am

PM suspends CCIR for ‘deliberate delay in tax cases’

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday suspended Chief Commissioner-Inland Revenue (IR), Large...

Updated 24 Apr, 2024 09:25am

FBR finalises draft Tax Law (First Amendment) Ord

ISLAMABAD: The Tax Law (First Amendment) Ordinance 2024 has proposed that the appeals filed before the Appellate...

Updated 08 Apr, 2024 08:38am

Business & Finance

Finance Bill 2024: major changes likely in IR Statutes

ISLAMABAD: The Finance Bill 2024 will issue major changes in Inland Revenue Statutes for Harmonization and...

Updated 06 Apr, 2024 08:47am

Business & Finance

Field formations to remain open on 30th & 31st

ISLAMABAD: The Federal Board of Revenue (FBR) has directed field formations to remain open on Saturday (March 30) ...

Published 28 Mar, 2024 06:30am

Business & Finance

Capricious tax officer rectifies order after settlement by relevant forums

LAHORE: A capricious tax officer has proceeded to rectify the very order-in-original despite the matter having been...

Published 20 Mar, 2024 03:00am

‘Disallowing TA/DA’: LTO Lahore officials approach LHC

ISLAMABAD: The Inland Revenue Audit Officers/ Assistant Directors (Audit) of Large Taxpayer Office Lahore have...

Updated 13 Mar, 2024 08:51am

Business & Finance

IT, ST-related budget proposals sought

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue field formations to submit income tax and...

Published 23 Feb, 2024 06:36am

Key issues behind low revenue identified: Cabinet concerned at ‘integrity’ of FBR board members?

ISLAMABAD: The caretaker Federal Cabinet has reportedly expressed its concerns over the integrity of private members...

Updated 08 Feb, 2024 10:11am

Business & Finance

Turnover tax recovery: FBR launches drive against Discos

ISLAMABAD: The Federal Board of Revenue (FBR) has launched an enforcement drive against power distribution companies...

Published 02 Jan, 2024 05:21am

‘Simultaneous’ probe of same taxpayer: IHC seeks explanation from FBR

ISLAMABAD: Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) to explain that how different...

Updated 28 Dec, 2023 08:53am

Pakistan

Directorate of I&I: ‘IOs not following SOPs for issuing call-up notices to money launderers’

LAHORE: The Investigating Officers (IOs) of the Directorate of Intelligence and Investigation (I&I) Inland...

Published 23 Nov, 2023 03:19am

Attachment of bank account: LHC takes notice of ‘illegal’ recovery by FBR

ISLAMABAD: The Lahore High Court (LHC) has taken notice of illegal recovery by the Federal Board of Revenue (FBR)...

Updated 12 Nov, 2023 09:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 12	278.53
USD PKR Interbank Buying / Sep 12	278.33
USD to Japanese Yen / Sep 12	140.95
USD to Swiss Franc / Sep 12	0.85
Pound Sterling to USD / Sep 12	1.31
Euro to USD / Sep 12	1.11

Stock	Volume
S&P 500 / Sep 12	5,595.76
India Sensex / Sep 12	82,962.71
Tokyo Nikkei / Sep 12	36,507.10
Nasdaq / Sep 12	17,569.68
Hang Seng / Sep 12	17,427.44
FTSE 100 / Sep 12	8,240.97
Dow Jones / Sep 12	41,096.77
Germany DAX 30 / Sep 12	18,518.39

Item	Value
Crude Oil USD/Barrel / Sep 12	69.27
Karachi Cotton PKR/37.32 KG / Sep 12	18,735
Gold 10 Grams PKR / Sep 12	225,480
Gold Spot USD/Ounce / Sep 12	2,566.21
Cotton US¢/pound / Sep 12	70.31
Petrol/Litre / Sep 13	259.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 13 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 13 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 13 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 13 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 13 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 13 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 13 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 13 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 13 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 13 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 13 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 13 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 13 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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