Trends - NTC - Business Recorder

NTC

Power transmission as ‘service’

The federal government has finally relented to pressure and agreed to treat power transmission as a service from the...

Updated 12 Apr, 2023 07:25am

Collection of sales tax on services: Centre, provinces agree on ‘place of supply rules’

ISLAMABAD: The federation and provinces were unanimous on the common rules in place of supply (Place of Supply ...

Updated 29 Mar, 2023 09:10am

Pakistan

Sindh’s concerns about digital census discussed threadbare

ISLAMABAD: A virtual meeting between Minister for Planning, Development and Special Initiatives Ahsan Iqbal and ...

Published 16 Mar, 2023 06:01am

Business & Finance

Single GST return system: FBR, provinces likely to discuss delay soon

ISLAMABAD: The Federal Board of Revenue (FBR) and provinces are expected to sit together during the current week to...

Published 14 Mar, 2023 03:18am

Non-implementation of single GST return: Provinces to move NTC against FBR

ISLAMABAD: Provinces will take up the issue of the delay in the implementation of the single sales tax return system...

Updated 12 Feb, 2023 09:42am

Pakistan

Technology field: NTC trying to develop 40 programmes: chairman

KARACHI: “National Technology Council (NTC) is trying to develop forty programmes in Pakistan in the technology...

Published 20 Jan, 2023 07:47am

Business & Finance

Desk opened on LCCI premises to act as hotline with businesses: NTC chief

LAHORE: Chairperson National Tariff Commission Anjum Asad Amin and President of the Lahore Chamber of Commerce and...

Published 11 Jan, 2023 05:53am

Business & Finance

Evasion of anti-dumping duties: $120m investment being harmed by dumped imports, say PFY manufacturers

KARACHI: The local manufacturers of polyester filament yarn (PFY) have said that the investment of 120 million...

Published 09 Dec, 2022 05:58am

Pakistan

President approves 3 bills

ISLAMABAD: President Dr Arif Alvi, Tuesday, signed three bills including “The Trade Organization (Amendment) Bill,...

Published 02 Nov, 2022 04:37am

Pakistan

NA passes two crucial bills

ISLAMABAD: The National Assembly, Friday, passed two bills, “The Anti-Dumping Duties (Amendment) Bill, 2022”, to...

Published 08 Oct, 2022 03:25am

Markets

Senate’s sub-committee set up to devise mechanism for import of gold

ISLAMABAD: Senate Standing Committee on Commerce on Wednesday constituted a Sub-Committee to devise a mechanism for...

Published 30 Jun, 2022 06:07am

Business & Finance

Govt hasn’t suffered major revenue loss due to tariff rationalisation: NTC

ISLAMABAD: Chairperson National Tariff Commission (NTC) Robina Ather on Thursday informed the Senate Standing...

Published 17 Jun, 2022 06:37am

Business & Finance

‘Issue of declaring production/transmission of electricity as ‘goods’ must be referred to CCI’

ISLAMABAD: The Senate Standing Committee on Finance has recommended that the issue of declaring...

Published 15 Jun, 2022 08:22am

Business & Finance

Steel bars: Senate panel concerned at increase in ADD

ISLAMABAD: The Senate Standing Committee on Commerce Friday expressed concern over the increase in anti-dumping duty...

Published 04 Jun, 2022 04:18am

Suggestions of APTMA: PM for initiating consultation process

ISLAMABAD: Prime Minister Shehbaz Sharif has directed concerned ministries to convene meetings of relevant...

Updated 31 May, 2022 10:13am

Business & Finance

NTC meeting on ‘harmonisation of sales tax’ deferred

ISALAMABAD: The meeting of the National Tax Council (NTC) convened on harmonisation of sales tax between federal...

Published 27 May, 2022 05:50am

Pakistan

Minister urges all govt depts to shift data towards NTC’s secure system

ISLAMABAD: Federal Minister for IT and Telecommunication Syed Aminul Haque has urged all government departments to...

Published 12 May, 2022 05:40am

FBR asked to help resolve Centre-PRAs disputes

ISLAMABAD: Minister of State for Finance. Dr Aisha Ghaus Pasha has directed the Federal Board of Revenue (FBR) to...

Updated 12 May, 2022 10:01am

Pakistan

KP govt, NTC to establish PEHEL control centre

PESHAWAR: A memorandum of understanding (MoU) was signed between National Telecommunication Corporation (NTC) and...

Published 27 Dec, 2021 06:45am

ST on toll manufacturing to be collected

ISLAMABAD: The Federal Board of Revenue (FBR) has directed its field formations to start collecting sales tax on ...

Published 29 Oct, 2021 03:49am

Rising CAD a big concern: Regulatory duty will be imposed on EVs, raised on other imported cars

ISLAMABAD: Worried with the sudden increase in Current Account Deficit (CAD), the government has decided to impose...

Updated 25 Sep, 2021 11:47am

Lenders to be picked thru bidding: Govt guarantee to banks for KPP will now be 50pc

ISLAMABAD: A meeting of Joint Steering Committee and Advisory Board of Kamyab Pakistan Program (KPP) has decided to...

Updated 18 Sep, 2021 10:24am

FBR to get operational, financial autonomy: Tarin

ISLAMABAD: The government is fully committed to granting operational and financial autonomy to the Federal Board of...

Published 18 Sep, 2021 04:03am

Opinion

Need for National Tax Academy—I

On March 12, 2020, as per Press release of Ministry of Finance, the National Tax Council [NTC] was established and...

Published 17 Sep, 2021 03:52am

Ministry starting new round of tariff rationalisation for industry: Dawood

PM's advisor says focus will be on iron, steel, auto, packaging material, agriculture, footwear and plastic

Updated 04 Sep, 2021 12:57pm

Business

Ivy Leaves, Tribulus: NTC begins probe into import of herbal extracts

ISLAMABAD: The National Tariff Commission (the “Commission”) has initiated an inquiry under Section 8 of The...

Published 02 Sep, 2021 04:21am

Cabinet appoints ‘disputed’ person as member NTC

ISLAMABAD: The Federal Cabinet has appointed a person as Member National Tariff Commission (NTC), an arm of Commerce...

Published 12 Aug, 2021 02:52am

Pakistan

NTC, Khazana Enterprise & eDU SMARTZ enter into digital services solution deal

ISLAMABAD: Federal Minister of Information Technology and Telecommunication Syed Aminul Haque, on Monday, witnessed...

Published 29 Jun, 2021 03:24am

Business & Finance

APPMA urges govt to reduce customs duty on paper, paperboard

KARACHI: All Pakistan Paper Merchants Association (APPMA) has requested the Federal Minister of Finance & ...

Published 01 Jun, 2021 04:59am

Pakistan

HEC announces overseas scholarships in higher education

ISLAMABAD: Higher Education Commission (HEC) has announced the Overseas Scholarships 2022 for PhD in selected fields...

Published 17 May, 2021 06:14am

Gainers
Losers
Leaders

Stock	Price
Power Cem(Pref) / Jun 10 Power Cement (Pref)(POWERPS)	6 ▲ 1.00 (20.00%)
Pak Gulf Leasing / Jun 10 Pak-Gulf Leasing Company Limited(PGLC)	7.55 ▲ 1.00 (15.27%)
PICIC Ins.Ltd. / Jun 10 PICIC Insurance Limited(PIL)	0.68 ▲ 0.09 (15.25%)
Sindh Modaraba / Jun 10 Sindh Modaraba(SINDM)	8.20 ▲ 1.00 (13.89%)
Sec. Inv. Bank / Jun 10 Security Investment Bank Limited(SIBL)	5.50 ▲ 0.54 (10.89%)
Hala Enterprise / Jun 10 Hala Enterprises Limited(HAEL)	7.05 ▲ 0.65 (10.16%)
Merit Packaging / Jun 10 Merit Packaging Limited(MERIT)	8.80 ▲ 0.79 (9.86%)
Popular Islamic / Jun 10 Popular Islamic Modaraba(PIM)	10.95 ▲ 0.96 (9.61%)
Next Capital / Jun 10 Next Capital Limited(NEXT)	5.44 ▲ 0.45 (9.02%)
Ist.Dawood Bank / Jun 10 First Dawood Investment Bank Limited(FDIBL)	1.70 ▲ 0.14 (8.97%)

Stock	Price
Mod. Al-Mali (R) / Jun 10 Modaraba Al-Mali R(MODAMR1)	0.23 ▼ -0.25 (-52.08%)
F.Treet Manuf / Jun 10 First Treet Manufacturing Modaraba(FTMM)	5.36 ▼ -1.00 (-15.72%)
HBL Invest Fund / Jun 10 HBL Investment Fund(HIFA)	1.38 ▼ -0.22 (-13.75%)
Service Textile / Jun 10 Service Industries Textiles Limited(SERT)	6.50 ▼ -0.70 (-9.72%)
Tariq Corp.Pref. / Jun 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	9.49 ▼ -1.00 (-9.53%)
United Brands / Jun 10 United Brands Limited(UBDL)	10.20 ▼ -0.94 (-8.44%)
EFG Hermes Pak / Jun 10 EFG Hermes Pakistan Limited(EFGH)	11.50 ▼ -0.98 (-7.85%)
First IBL Mod. / Jun 10 First IBL Modaraba(FIBLM)	2.60 ▼ -0.22 (-7.80%)
Allawasaya Tex / Jun 10 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2764 ▼ -224.00 (-7.50%)
Ellcot Spinning / Jun 10 Ellcot Spinning Mills Limited(ELSM)	97.52 ▼ -7.91 (-7.50%)

Stock	Volume
Unity Foods Ltd / Jun 10 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.24
TPL Properties / Jun 10 TPL Properties Limited(TPLP)	19,470,263 ▲ 0.38
WorldCall Telecom / Jun 10 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.01
Faysal Bank / Jun 10 Faysal Bank Limited(FABL)	10,414,954 ▲ 1.25
Hascol Petrol / Jun 10 Hascol Petroleum Limited(HASCOL)	9,814,500 ▲ 0.23
Pak Refinery / Jun 10 Pakistan Refinery Limited(PRL)	9,600,621 ▼ -0.04
P.I.A.C.(A) / Jun 10 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.02
Pak Int.Bulk / Jun 10 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.12
Fauji Foods Ltd / Jun 10 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.01
Telecard Limited / Jun 10 Telecard Limited(TELE)	5,453,799 ▲ 0.15

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 9	286.95
USD PKR Interbank Buying / Jun 9	286.80
USD to Japanese Yen / Jun 9	139.36
USD to Swiss Franc / Jun 9	0.90
Pound Sterling to USD / Jun 9	1.25
Euro to USD / Jun 9	1.08
UK LIBOR % / Jun 8	5.07

Stock	Volume
S&P 500 / Jun 8	4293.93
Nasdaq / Jun 8	13238.52
Dow Jones / Jun 8	33833.61
India Sensex / Jun 9	62625.63
Tokyo Nikkei / Jun 9	32198.70
Hang Seng / Jun 9	19359.13
FTSE 100 / Jun 9	7602.26
Germany DAX 30 / Jun 9	15981.08
France CAC40 / Jun 9	7223.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 8	20235
Gold 10 Grams PKR / Jun 8	194616
Crude Oil USD/Barrel / Jun 9	70.85
Gold Spot USD/Ounce / Jun 9	1963.16
Cotton US¢/pound / Jun 9	81.53

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