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Sales Tax

ICAP says AOB in finance bill may not be appropriate forum

KARACHI: The Institute of Chartered Accountants of Pakistan (ICAP) has reviewed the discussions held during the...

Published 23 Jun, 2025 06:29am

Business & Finance

PYMA slams duty structures, policy ambiguities in federal budget

KARACHI: Muhammad Saqib Goodluck, Chairman of The Pakistan Yarn Merchants Association (PYMA), has risen significant...

Published 23 Jun, 2025 05:45am

Budget 2025-26

Import of up to 5-year-old used vehicles allowed with 40% extra tariff

ISLAMABAD: The government has allowed import of up to five-year-old/used vehicles imported in commercial quantities...

Updated 21 Jun, 2025 02:59pm

Budget 2025-26

Pakistan budget for 2025-26 to consolidate economic gains, NA told

ISLAMABAD: Amid criticism from opposition lawmakers, Minister of State for Finance Bilal Azhar Kayani on Friday said...

Updated 21 Jun, 2025 02:59pm

Budget 2025-26

Arrests for tax fraud: major changes made in sales tax law thru Finance Bill

Bill currently being discussed in National Assembly, among various business circles, says FBR

Updated 21 Jun, 2025 03:00pm

Opinion

Between optics and austerity

Pakistan’s economic policies resemble a car with two drivers, each pulling the wheel in opposite directions. One...

Published 19 Jun, 2025 06:56am

Budget 2025-26

Solar power: Curb the bigger beast of net-metering first

News is out that the National Assembly Standing Committee on Finance has unanimously rejected the proposed 18 ...

Updated 19 Jun, 2025 09:08am

Business & Finance

Sales Tax cut on solar panels import: Rs20bn revenue hit expected

ISLAMABAD: The government is all set to abolish sales tax on the import of solar panels having revenue impact of Rs...

Published 19 Jun, 2025 05:53am

Business & Finance

Digital sales tax stays with provinces, solar GST cut to 10%: Dar

Deputy Prime Minister and Foreign Minister, Senator Muhammad Ishaq Dar on Wednesday said that the digital sales tax...

Published 18 Jun, 2025 06:07pm

Perspectives

Sustainable path to $100 billion textile exports

The Government of Pakistan appreciates the proactive engagement of textile sector associations in highlighting the...

Published 18 Jun, 2025 05:34pm

Business & Finance

Mian Zahid concerned over proposed 18pc tax on solar panels

KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...

Published 18 Jun, 2025 06:59am

Markets

NA panel rejects 18pc GST on solar panels

ISLAMABAD: The National Assembly Standing Committees on Finance and Revenue, unanimously, rejected the proposal of...

Published 18 Jun, 2025 06:10am

Business & Finance

Tax-related issues facing APTMA will be resolved, CC LTO Lahore tells office-bearers

LAHORE: Sajjad Tasleem Azam, Chief Commissioner Large Tax Office (LTO) Lahore, has assured APTMA members of solving...

Published 18 Jun, 2025 06:10am

Editorials

Govt could have done more in the budget

EDITORIAL: The tailwind is with them — the economy is stabilising, elections are three years away, and the...

Published 17 Jun, 2025 03:11am

Business & Finance

Punjab Finance Bill aims at rationalising ST on services structure

LAHORE: With a view to rationalise the structure of sales tax on services in Punjab and to deal with the matters...

Published 17 Jun, 2025 03:11am

Budget 2025-26

Senate body backs zero ST on stationery, okays tax on e-commerce

ISLAMABAD: The Senate Standing Committee on Finance and Revenue recommended to reduce the sales tax on stationery...

Updated 16 Jun, 2025 09:00am

Editorials

Sindh budget

EDITORIAL: The Sindh budget for 2025-26 was considerably more realistic relative to the federal budget on four...

Updated 16 Jun, 2025 07:56am

Budget 2025-26

Only SRB submits Finance Bill feedback to Senate panel

ISLAMABAD: Except Sindh Revenue Board (SRB), provinces have not submitted their observations on the Finance Bill...

Updated 16 Jun, 2025 09:27am

Budget 2025-26

Budget: LCCI urges govt to address concerns ahead of NA debate

LAHORE: The Lahore Chamber of Commerce and Industry (LCCI) has urged the government to ensure immediate ...

Published 13 Jun, 2025 06:58am

Budget 2025-26

Aurangzeb tells Senate body: Govt eyes $2bn loan to boost reserves

ISLAMABAD: Amid expectation of borrowing $2 billion from commercial banks to shore up reserves to $14 billion by the...

Updated 13 Jun, 2025 09:25am

Budget 2025-26

Tariff cuts to cause Rs200bn revenue loss

ISLAMABAD: The tariff rationalization including changes in import duties slabs, abolition/reduction in customs...

Updated 13 Jun, 2025 09:35am

Business & Finance

DRAP STRN deregistration case: FTO orders swift conclusion

ISLAMABAD: Federal Tax Ombudsman (FTO) has instructed the Large Taxpayers Office (LTO), Islamabad to promptly...

Published 13 Jun, 2025 05:59am

Budget 2025-26

Retail sector woes prompt tax on digital platforms: FBR

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial Wednesday said tax has been imposed on...

Updated 12 Jun, 2025 09:38am

Budget 2025-26

Imported cotton yarn: APTMA hails 18pc sales tax imposition

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has appreciated imposing 18 percent sales tax on...

Updated 12 Jun, 2025 08:47am

Budget 2025-26

Analysis: More of the same, just tighter

If the tax rate on bank deposit income is increased by one-third, what exactly is bold about this budget? There is ...

Published 11 Jun, 2025 06:04am

Budget 2025-26

Rs17.6trn FY26 Budget unveiled under the shadows of IMF conditions, US tariff tensions and war threat

Federal expenditure cut by a hefty 7%

Published 11 Jun, 2025 06:04am

Budget 2025-26

Over Rs623bn new taxes unveiled

ISLAMABAD: The government has introduced first of its kind of Finance Bill 2025-26 with extraordinary enforcement...

Updated 11 Jun, 2025 11:11am

Business & Finance

Accelerating sell-off: GST waiver on aircraft leasing for PIA announced

KARACHI: The federal government has announced to introduce sales tax exemptions on aircraft imports and leasing for...

Published 11 Jun, 2025 06:04am

Budget 2025-26

Taxmen get more powers to target unregistered taxpayers

ISLAMABAD: The government, through the Finance Bill 2025-26, has proposed to grant extensive discretionary powers to...

Published 11 Jun, 2025 06:04am

Budget 2025-26

Banks to act as WHT agents: ‘Digital levy’ introduced in Pakistan

KARACHI: The federal government has introduced “Digital Transactions Proceeds Levy” along with necessary changes in...

Updated 11 Jun, 2025 11:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 23	283.90
USD PKR Interbank Buying / Jun 23	283.60
USD to Japanese Yen / Jun 23	147.27
USD to Swiss Franc / Jun 23	0.82
Pound Sterling to USD / Jun 23	1.34
Euro to USD / Jun 23	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
Nasdaq / Jun 20	19,447.41
Dow Jones / Jun 20	42,206.82
India Sensex / Jun 23	81,805.29
Tokyo Nikkei / Jun 23	38,354.09
Hang Seng / Jun 23	23,650.62
FTSE 100 / Jun 23	8,779.33
Germany DAX 30 / Jun 23	23,247.79
France CAC40 / Jun 23	7,558.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Petrol/Litre / Jun 23	258.43
Crude Oil USD/Barrel / Jun 23	74.78
Gold Spot USD/Ounce / Jun 23	3,353.56
Diesel/Litre / Jun 23	262.59
Cotton US¢/pound / Jun 23	66.65

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 23 Crescent Jute Products Limited(CJPL)	7.49 ▲ 1 (15.41%)
AN Textile Mills / Jun 23 AN Textile Mills Limited(ANTM)	25.70 ▲ 2.34 (10.02%)
Leather Up Ltd. / Jun 23 Leather Up Limited(LEUL)	42.90 ▲ 3.9 (10%)
Rupali polyester / Jun 23 Rupali Polyester Limited(RUPL)	27.07 ▲ 2.46 (10%)
Frontier Ceram / Jun 23 Frontier Ceramics Limited(FRCL)	36.30 ▲ 3.3 (10%)
Karam Ceramics / Jun 23 Karam Ceramics Limited(KCL)	66.80 ▲ 6.07 (10%)
Shams Textile / Jun 23 Shams Textile Mills Limited(STML)	34.67 ▲ 3.15 (9.99%)
First Elite Cap.Mod / Jun 23 First Elite Capital Modaraba(FECM)	36.88 ▲ 3.35 (9.99%)
Jubilee Spinning / Jun 23 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	12.35 ▲ 1.12 (9.97%)
Fazal Cloth / Jun 23 Fazal Cloth Mills Limited(FZCM)	205.54 ▲ 18.54 (9.91%)

Stock	Price
United BankXD / Jun 23 United Bank Limited(UBL)	261.81 ▼ -262.38 (-50.05%)
First Prudential Mod. / Jun 23 First Prudential Modaraba(PMI)	3.49 ▼ -0.61 (-14.88%)
First Fid. Leasing / Jun 23 First Fidelity Leasing Modaraba(FFLM)	2.31 ▼ -0.34 (-12.83%)
Invest Bank / Jun 23 Invest Capital Investment Bank Limited(ICIBL)	7.21 ▼ -0.98 (-11.97%)
Askari Life Assur. / Jun 23 Askari Life Assurance Company Limited(ALAC)	6.99 ▼ -0.95 (-11.96%)
Ghani Chemworld / Jun 23 Ghani Chemworld Limited(GCWL)	7.98 ▼ -1 (-11.14%)
Yousuf Weaving / Jun 23 Yousaf Weaving Mills Limited(YOUW)	4.22 ▼ -0.52 (-10.97%)
F.Credit & Inv / Jun 23 First Credit and Investment Bank Limited(FCIBL)	7.75 ▼ -0.88 (-10.2%)
LSE Financial Serv. / Jun 23 LSE Financial Services Limited(LSEFSL)	32.36 ▼ -3.6 (-10.01%)
Chashma / Jun 23 Chashma Sugar Mills Limited(CHAS)	57.60 ▼ -6.4 (-10%)

Stock	Volume
WorldCall Telecom / Jun 23 Worldcall Telecom Limited(WTL)	53,303,035 ▼ -0.1
Sui South Gas / Jun 23 Sui Southern Gas Company Limited(SSGC)	35,996,379 ▼ -4.2
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	24,022,793 ▼ -0.12
K-Electric Ltd. / Jun 23 K-Electric Limited(KEL)	23,740,292 ▼ -0.24
Kohinoor Spining / Jun 23 Kohinoor Spinning Mills Limited(KOSM)	22,523,059 ▼ -0.54
Fauji Cement / Jun 23 Fauji Cement Company Limited(FCCL)	16,264,731 ▼ -4.16
Cnergyico PK / Jun 23 Cnergyico PK Limited(CNERGY)	14,226,103 ▼ -0.48
Maple Leaf Cement / Jun 23 Maple Leaf Cement Factory Limited(MLCF)	14,036,410 ▼ -5.02
Dewan Cement / Jun 23 Dewan Cement Limited(DCL)	13,766,080 ▼ -1.36
B.O.Punjab / Jun 23 The Bank of Punjab(BOP)	13,746,025 ▼ -0.36

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