Trends - sales tax exemptions - Business Recorder

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Feb 07, 2023 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

sales tax exemptions

IT sector, freelancers and startups: FBR ‘drafting’ ordinance aimed at extending incentives

ISLAMABAD: The Federal Board of Revenue (FBR) is drafting a Presidential Ordinance to extend grant incentives,...

Updated 19 Mar, 2022 04:23pm

NTDC seeks PD’s support for restoration of sales tax exemption

ISLAMABAD: National Transmission and Despatch Company (NTDC) has sought support from the Power Division to restore...

Updated 06 Mar, 2022 10:13am

Goods imported by diplomats, missions: Senate panel supports imposition of 17pc GST

ISLAMABAD: Senate Standing Committee on Finance Thursday supported imposition of 17 percent sales tax on goods...

Updated 07 Jan, 2022 09:39am

FY23 budget: Remaining GST exemptions to be withdrawn: FBR chief

ISLAMABAD: Chairman FBR/Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed said Wednesday that the government will...

Updated 06 Jan, 2022 09:32am

BR Research

MPS: finally, getting the signaling right!

Its 100bps increase to 9.75 percent! Forward guidance is also much clearer: “end goal of mildly positive real...

Published 15 Dec, 2021 09:24am

Electric vehicles, kits: sales tax exemptions retained

ISLAMABAD: The government has decided to retain sales tax exemptions on electric vehicles and kits imported by local...

Updated 11 Dec, 2021 09:27am

FBR to withdraw Rs330bn ST exemptions

ISLAMABAD: The "Income Tax (Second Amendment) Bill, 2021” issued subsequent to its passage through the Finance ...

Updated 23 Nov, 2021 09:35am

Law Div vets Tax Laws (4th Amendment) Ordinance, 2021

ISLAMABAD: The draft of the Tax Laws (4th Amendment) Ordinance, 2021 has been vetted by the Law Division to withdraw...

Updated 08 Nov, 2021 09:51am

Diplomats, missions and privileged persons: Sales tax exemptions likely to be abolished

ISLAMABAD: The sales tax exemptions available to diplomats, diplomatic missions, and privileged persons may also be...

Updated 28 Oct, 2021 09:45am

Rs330bn sales tax exemptions: Presidential Ordinance on the cards

ISLAMABAD: A presidential ordinance is on the cards to withdraw sales tax exemptions, zero-rating, and reduced sales...

Published 14 Oct, 2021 03:08am

Gainers
Losers
Leaders

Stock	Price
Suraj Cotton / Feb 7 Suraj Cotton Mills Limited(SURC)	145.02 ▲ 10.11 (7.49%)
Oilboy Energy / Feb 7 Oilboy Energy Limited(OBOY)	7.31 ▲ 0.49 (7.18%)
Ellcot Spinning / Feb 7 Ellcot Spinning Mills Limited(ELSM)	139 ▲ 9.25 (7.13%)
Oil & Gas Dev. / Feb 7 Oil & Gas Development Company Limited(OGDC)	98.01 ▲ 5.63 (6.09%)
Silk Bank Ltd / Feb 7 Silkbank Limited(SILK)	0.94 ▲ 0.05 (5.62%)
Allied Bank / Feb 7 Allied Bank Limited(ABL)	68.90 ▲ 2.87 (4.35%)
Century Paper / Feb 7 Century Paper & Board Mills Limited(CEPB)	43 ▲ 1.75 (4.24%)
Pak Petroleum / Feb 7 Pakistan Petroleum Limited(PPL)	83.40 ▲ 3.25 (4.05%)
Cres.Star Ins. / Feb 7 Crescent Star Insurance Limited(CSIL)	1.47 ▲ 0.05 (3.52%)
Invest Bank / Feb 7 Invest Capital Investment Bank Limited(ICIBL)	1.18 ▲ 0.04 (3.51%)

Stock	Price
Service Textile / Feb 7 Service Industries Textiles Limited(SERT)	6.68 ▲ -0.92 (-12.11%)
Indus Motor Co / Feb 7 Indus Motor Company Limited(INDU)	834.05 ▲ -25.73 (-2.99%)
Dolmen City / Feb 7 Dolmen City REIT(DCR)	13.41 ▲ -0.24 (-1.76%)
AGP Limited / Feb 7 AGP Limited(AGP)	55.45 ▲ -0.98 (-1.74%)
TPL Insurance / Feb 7 TPL Insurance Limited(TPLI)	19.50 ▲ -0.33 (-1.66%)
Inter.Steel Ltd / Feb 7 International Steels Limited(ISL)	40.51 ▲ -0.61 (-1.48%)
Ghandhara Ind. / Feb 7 Ghandhara Industries Limited(GHNI)	89.60 ▲ -1.27 (-1.40%)
Sanghar Sugar / Feb 7 Sanghar Sugar Mills Limited(SANSM)	12.05 ▲ -0.15 (-1.23%)
P.S.O. / Feb 7 Pakistan State Oil Company Limited(PSO)	138.01 ▲ -1.00 (-0.72%)
Hascol Petrol / Feb 7 Hascol Petroleum Limited(HASCOL)	6 ▲ -0.04 (-0.66%)

Stock	Volume
Pak Petroleum / Feb 7 Pakistan Petroleum Limited(PPL)	21,833,048 ▼ 3.25
Sui North Gas / Feb 7 Sui Northern Gas Pipelines Limited(SNGP)	13,436,966 ▼ 0.12
Oil & Gas Dev. / Feb 7 Oil & Gas Development Company Limited(OGDC)	10,552,549 ▼ 5.63
K-Electric Ltd. / Feb 7 K-Electric Limited(KEL)	8,977,024 ▼ 0.00
Sui South Gas / Feb 7 Sui Southern Gas Company Limited(SSGC)	7,745,500 ▼ 0.09
Cnergyico PK / Feb 7 Cnergyico PK Limited(CNERGY)	6,095,602 ▼ 0.06
WorldCall Telecom / Feb 7 Worldcall Telecom Limited(WTL)	5,880,506 ▼ 0.00
P.T.C.L. / Feb 7 Pakistan Telecommunication Company Ltd(PTC)	5,531,000 ▼ 0.00
Hub Power Co. / Feb 7 The Hub Power Company Limited(HUBC)	5,499,666 ▼ 0.96
TRG Pak Ltd / Feb 7 TRG Pakistan Limited(TRG)	4,501,421 ▲ -0.23

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 6	277.40
USD PKR Interbank Buying / Feb 6	275.40
USD to Japanese Yen / Feb 7	132.35
USD to Swiss Franc / Feb 7	0.93
Pound Sterling to USD / Feb 7	1.20
Euro to USD / Feb 7	1.07
UK LIBOR % / Feb 6	4.55

Stock	Volume
S&P 500 / Feb 6	4111.08
Nasdaq / Feb 6	11887.45
FTSE 100 / Feb 6	7836.71
Dow Jones / Feb 6	33891.02
Germany DAX 30 / Feb 6	15345.91
France CAC40 / Feb 6	7173.10
India Sensex / Feb 7	60578.67
Tokyo Nikkei / Feb 7	27701.09
Hang Seng / Feb 7	21399.43

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 6	22235
Gold 10 Grams PKR / Feb 6	175154
Crude Oil USD/Barrel / Feb 7	74.87
Gold Spot USD/Ounce / Feb 7	1872.69
Cotton US¢/pound / Feb 7	84.61