Topic

Sales Tax

FBR reveals Tax Expenditure Report: POL consumers paying levy in lieu of sales tax

Updated 15 Jul, 2026 09:11am

ISLAMABAD: The Federal Board of Revenue (FBR) has endorsed that the consumers of petroleum products (POL) are paying...

RISE: IEG delivers mixed verdict

Updated 14 Jul, 2026 09:18am

ISLAMABAD: The World Bank’s Independent Evaluation Group (IEG) has delivered a mixed verdict on Pakistan’s USD 856...

Punjab rolls out simplified digital tax system

Published 11 Jul, 2026 05:06am

LAHORE: The Punjab government has launched a simplified digital tax deduction system designed to promote...

Visibility of price, sales tax on products mandatory: FBR

Published 07 Jul, 2026 05:32am

ISLAMABAD: The Federal Board of Revenue (FBR) has directed manufacturers and importers of 56 goods/products...

Hybrid vehicles supply, import: 25pc ST rate will now be applicable

Published 07 Jul, 2026 04:24am

ISLAMABAD: Higher rate of 25 percent sales tax would now be applicable on the import and local supply of hybrid...

Taxes reforms remain a dream

Updated 06 Jul, 2026 04:34am

The heavy reliance on indirect taxes in the budget for 2026-27, regressive taxes whose incidence on the poor is...

Steel sector: New procedure to charge sales tax issued

Published 30 Jun, 2026 05:08am

ISLAMABAD: Finance Act 2026 has issued a new procedure for the steel sector to charge sales tax on the basis of per...

FTO defies own order?

Updated 29 Jun, 2026 10:48am

ISLAMABAD: Till Federal Board of Revenue’s (FBR’s) representation is decided by the President, the Federal Tax...

CAP warns Third Schedule expansion will overtax consumers

Published 23 Jun, 2026 06:59am

KARACHI: The Chainstore Association of Pakistan (CAP) has expressed serious concern over the proposed inclusion of...

Video monitoring systems at mills: APTMA rejects FBR’s proposal

Updated 20 Jun, 2026 09:27am

LAHORE: The All Pakistan Textile Mills Association (APTMA) on Friday rejected the Federal Board of Revenue’s (FBR)...

PIA aircraft, parts imports: NA panel defers ST relief proposal

Updated 19 Jun, 2026 09:23am

ISLAMABAD: The National Assembly Standing Committee on Finance Thursday deferred a major budgetary proposal to...

PVMA concerned over new sales tax mechanism

Published 18 Jun, 2026 05:37am

KARACHI: Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), Sheikh Umer Rehan, has expressed...

Stationery items: Senate body recommends ST relief

Updated 17 Jun, 2026 09:34am

ISLAMABAD: The Senate Standing Committee on Finance on Tuesday accepted a major proposal of the stationery industry...

FBR barred from cancelling ST registration, blacklisting units

Published 17 Jun, 2026 05:36am

ISLAMABAD: National Assembly Standing Committee on Finance Tuesday stopped the Federal Board of Revenue (FBR) from...

Refineries’ upgradation: Sales tax waived on capital goods imports

Updated 14 Jun, 2026 07:39am

ISLAMABAD: The government has granted an exemption of sales tax on import of capital goods for upgradation and...

IR officials get enhanced sales tax audit powers

Published 14 Jun, 2026 05:20am

ISLAMABAD: Finance Bill 2026 has increased sales tax audit powers of the Inland Revenue officials from July 1, 2026....

Rs650bn in enforcement & tax policy steps introduced

Updated 13 Jun, 2026 09:15am

ISLAMABAD: The government has taken enforcement and tax policy measures of nearly Rs 650 billion including...

Scope of sales tax withholding expanded

Published 13 Jun, 2026 06:17am

ISLAMABAD: The federal government has proposed a major amendment in the Finance Bill 2026-27, expanding the scope of...

Major package of tax and customs tariff reforms unveiled

Updated 13 Jun, 2026 09:17am

ISLAMABAD: The government Friday announced major package of tax and customs tariff reforms, offering relief to...

Additional ST introduced: New measures proposed to curb abuse of import concessions

Published 13 Jun, 2026 06:17am

ISLAMABAD: The federal government has proposed new measures to curb abuse of import concessions by manufacturers,...

‘Faceless’ system to modernise sales tax enforcement: expert

Published 13 Jun, 2026 06:17am

ISLAMABAD: The Federal Government has proposed the introduction of a faceless Audit, Assessment and Appeal system...

21 new items to come under GST net

Updated 13 Jun, 2026 09:18am

ISLAMABAD: The federal government has proposed a significant expansion in the scope of goods subject to sales tax on...

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...

Stock market, stationery items and solar panels: Tax rates to remain unchanged

Updated 11 Jun, 2026 09:13am

ISLAMABAD: The taxation on stock market, stationery items and solar panels would remain the same in budget...

Only 55-60pc ST taxpayers file returns

Published 10 Jun, 2026 05:53am

ISLAMABAD: Pakistani tax experts said that, based on the historical trend, only 55 to 60 percent of the country’s...

Budget: tax on hybrid cars may stay unchanged; up to 25pc sales tax on import of EVs likely

Updated 10 Jun, 2026 09:26am

Sources tell Business Recorder several sales tax exemptions are set to expire on June 30, 2026

Taxes & enforcement: Finance Bill may introduce Rs1trn measures

Updated 09 Jun, 2026 09:09am

ISLAMABAD: Finance Bill 2026 is likely to introduce tax policy and enforcement measures of nearly Rs 1 trillion in...

FASTER refund system: Govt to curb payments to non-compliant taxpayers

Updated 06 Jun, 2026 09:22am

ISLAMABAD: The federal government has decided to impose major restrictions on the payment of refunds under the...

18pc ST to be imposed on stationery items

Published 05 Jun, 2026 05:48am

ISLAMABAD: The government has decided to impose 18 percent sales tax on stationery items through Finance Bill 2026....

Budget 2026-27: FABATI urges govt to announce special package

Updated 05 Jun, 2026 07:13am

KARACHI: Federal B. Area Association of Trade & Industry (FABATI) has urged the government to announce a special...

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1D 5D 3M 6M 1Y

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	162.42
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 16	7,533.77
Nasdaq / Jul 16	25,881.95
Dow Jones / Jul 16	52,552.97
India Sensex / Jul 17	77,920.51
Tokyo Nikkei / Jul 17	63,896.48
Hang Seng / Jul 17	24,579.70
FTSE 100 / Jul 17	10,593.72
Germany DAX 30 / Jul 17	24,817.28
France CAC40 / Jul 17	8,343.48

Item	Value
Crude Oil USD/Barrel / Jul 17	79.10
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	3,989.08
Cotton US¢/pound / Jul 17	78.11
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%)
Maqbool Textile / Jul 17 Maqbool Textile Mills Limited(MQTM)	37.27 ▲ 3.39 (10.01%)
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%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.72 ▲ 9.79 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.95 ▲ 2.54 (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%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.61 ▼ -0.98 (-27.3%)
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%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.25 ▼ -16.69 (-10%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.81 ▼ -1.2 (-9.99%)
Nadeem Tex. / Jul 17 Nadeem Textile Mills Limited(NATM)	77 ▼ -8.16 (-9.58%)
Azgard Nine (Non-Voti) / Jul 17 Azgard Nine (Non-Voti)(ANLNV)	7.54 ▼ -0.78 (-9.38%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	85,782,795 ▲ 0.17
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,049,582 ▼ -0.58
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,330,537 ▲ 2.9
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	21,918,262 ▼ -0.03
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,198,734 ▼ -0.26
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,536,542 ▼ -1.23
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,404,498 ▼ -0.3
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,314,007 ▼ -0.39
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,439,447 ▼ -0.13
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,367,016 ▲ 0.47

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