Topic

IRS

Myth of untaxed traders

Published 12 Jun, 2026 06:08am

On the eve of the federal budget 2026-27, the government has announced ‘Fixed Tax Assan Scheme’ [no details yet...

FBR gives July 8 deadline to tax officials

Published 10 Jun, 2026 05:53am

ISLAMABAD: The Federal Board of Revenue (FBR) has given a deadline of July 8, 2026 to all tax officials to submit...

LHC to hear plea against FBR’s reward rules case on June 4

Published 31 May, 2026 02:34am

ISLAMABAD: The Lahore High Court (LHC) will hear the writ petition against the Federal Board of Revenue’s (FBR’s)...

Business leaders and experts call for one-page IT return form

Updated 27 May, 2026 10:14am

ISLAMABAD: A major proposal to radically simplify Pakistan’s cumbersome tax filing system has been unveiled, with...

Superior courts: Ministry, AGP affirm FBR’s right to challenge President’s orders

Updated 06 Apr, 2026 08:49am

ISLAMABAD: Ministry of Law and Justice and Attorney General for Pakistan have ruled that the Federal Board of...

FBR chief tells KCCI members: Tax refunds claims to be processed efficiently

Published 27 Mar, 2026 06:40am

KARACHI: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial gave assurances to Karachi business...

Taxmen told to declare assets by 9th

Published 03 Mar, 2026 05:24am

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all the officers/officials of Inland Revenue Service and...

Big retailers’ data: 80pc Tier-1 branches marked as ‘disconnected’

Updated 21 Feb, 2026 11:14am

ISLAMABAD: The Federal Board of Revenue’s data on registered Tier-1 (big) retailers revealed that 80 percent of the...

Deeper and wider tax net: Aurangzeb asks FBR to intensify efforts

Updated 03 Jan, 2026 07:23am

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb Friday directed the Federal Board of...

Aurangzeb urges FBR to intensify enforcement, expand tax net

Published 02 Jan, 2026 10:42am

FBR collected Rs1,427.1 billion in December 2025, achieving 99% of its monthly target

IR, Customs officers: FTO’s key recommendation remains unimplemented

Published 24 Dec, 2025 06:21am

ISLAMABAD: A key recommendation issued by the Federal Tax Ombudsman (FTO) against Inland Revenue and Customs...

Faceless, clueless, hopeless

Updated 31 May, 2025 07:37am

EDITORIAL: For all the noise around digital reform and anti-corruption efforts, Pakistan’s Faceless Customs...

Probationary officers of IRS visit FBR

Published 30 Apr, 2025 06:24am

ISLAMABAD: The probationary officers of the Inland Revenue Service (IRS) from the 51st Specialized Training Program...

KCCI urges FBR to adopt pragmatic, tech-driven approach

Published 22 Apr, 2025 07:23am

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI), Muhammad Jawed Bilwani has expressed serious...

Sardar Irshad Shaheen passes away

Published 15 Feb, 2025 05:54am

ISLAMABAD: Sardar Irshad Shaheen, a distinguished former bureaucrat of the prestigious Inland Revenue Service (IRS),...

IRS, PCS: FBR seeks asset details of all Grade-17 to -22 officers

Published 16 Aug, 2024 06:56am

ISLAMABAD: The Federal Board of Revenue (FBR) has sought asset details of all Grade-17 to 22 officers of Inland...

Streamlining the FBR in haste?

Published 19 Jan, 2024 05:37am

We are fast approaching the general elections, scheduled for February 08, 2024. However, the post-election landscape...

‘IRS Reporting System’ registers 600m dengue control activities

Published 07 Sep, 2023 06:21am

LAHORE: The ‘Larvaciding and Fogging/IRS Reporting System’, developed by the Punjab Information Technology Board...

Assigning assessment-related duties: FTO asks FBR to restrain IRS Audit Cadre officers

Updated 05 Sep, 2023 09:09am

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to bar the officers of...

Reducing Rs2.3trn litigation: FBR starts process of appointing lawyers’ panel

Published 18 Jul, 2023 05:51am

ISLAMABAD: In order to reduce litigations of Rs2.3 trillion in courts, the Federal Board of Revenue (FBR) has ...

Declaration of assets & liabilities: FBR sets deadline

Updated 11 Jul, 2023 08:54am

ISLAMABAD: The Federal Board of Revenue (FBR) has given a deadline of July 15, 2023 to all the officers of Inland...

FBR establishes IRS Common Pool Fund

Published 02 Feb, 2023 06:12am

ISLAMABAD: In line with the Customs Common Pool Fund, the Federal Board of Revenue (FBR) has established the Inland...

DGIP will now report to FBR member

Published 29 Jul, 2022 06:14am

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the Directorate General of Immovable Property to now...

FBR directs officers of IRS, PCS to submit details of assets, liabilities today

Published 15 Jul, 2022 06:20am

ISLAMABAD: The Federal Board of Revenue (FBR) has given the deadline of July 15, 2022, to all the officers of the...

FBR asked to make old undecided refund case part of training syllabus

Published 06 Jun, 2022 05:57am

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to teach a 19-years old...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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