Topic

sales tax returns

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...

FBR considering two options to resolve PMLTC payment issues

Updated 17 Feb, 2026 09:12am

ISLAMABAD: The Federal Board of Revenue (FBR) is considering two options to amend the Second Schedule to the Income...

LHC’s orders on confrontation of alleged differential values in sales tax returns with income tax returns

Published 10 Dec, 2025 03:28am

ISLAMABAD: The Lahore High Court (LHC) has categorically held that the confrontation of alleged differential values...

Failure to integrate invoicing system: FBR likely to issue huge penalty notices from today

Updated 01 Sep, 2025 09:11am

ISLAMABAD: The Federal Board of Revenue’s (FBR’s) field formations are legally empowered to issue notices of...

KPRA advises wedding halls to pay taxes, file ST returns

Updated 08 Aug, 2025 08:02am

PESHAWAR: A team of Khyber Pakhtunkhwa Revenue Authority (KPRA) headed by Assistant Collector Hizbullah Khan held a...

KTBA requests FBR to extend e-filing deadline

Updated 17 Jul, 2025 09:30am

KARACHI: Karachi Tax Bar Association (KTBA has requested the Federal Board of Revenue (FBR) to extend the e-filing...

ST returns: PCDMA urges FBR to extend deadline to May 31

Published 01 May, 2025 06:03am

KARACHI: The Pakistan Chemicals & Dyes Merchants Association (PCDMA) has requested the Federal Board of Revenue...

Registered persons: FBR expands scope of sales tax suspension

Updated 23 Apr, 2025 09:25am

ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of sales tax suspension of registered persons....

Taxpayers irked as IRS incorrectly marks them as ‘non-active’

Updated 22 Apr, 2025 08:54am

ISLAMABAD: The “IRS” system of the Federal Board of Revenue (FBR) is incorrectly marking taxpayers as “non-active”...

Sales tax, federal excise: FBR extends date of filing returns

Updated 19 Apr, 2025 09:28am

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of submission of Sales Tax and Federal Excise...

Held-up GST returns: FTO bars FBR from imposing penalties on registered persons

Updated 16 Apr, 2025 02:24pm

ISLAMABAD: In a major development, the Federal Tax Ombudsman (FTO) has barred Federal Board of Revenue (FBR) from...

KTBA urges FBR to extend ST return filing deadline

Published 19 Mar, 2025 05:36am

KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to extend the sales...

ST returns to 21 cos paid on behalf of non-residents: FBR directs PRAL to allow input tax adjustment

Updated 07 Mar, 2025 08:47am

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Pakistan Revenue Automation Limited (PRAL) to remove the...

GST return: KTBA voices concern over missing key annexures

Updated 08 Feb, 2025 09:45am

ISLAMABAD: Karachi Tax Bar Association (KTBA) Friday expressed serious concern over non-availability of key...

Online Sales Tax return format: KTBA says concerned at recent changes

Updated 05 Feb, 2025 09:16am

KARACHI: Karachi Tax Bar Association (KTBA) has raised concerns over recent changes to the online Sales Tax Return...

‘Complicated’ filing requirements irk KCCI

Published 01 Feb, 2025 06:30am

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani has said that the recent...

Sales tax returns: KCCI demands suspension of affidavit requirement

Published 11 Nov, 2024 06:03am

KARACHI: President Karachi Chamber of Commerce and Industry (KCCI) Muhammad Jawed Bilwani, while vehemently...

CFOs can file Sept GST returns without affidavit: SHC

Updated 19 Oct, 2024 06:44pm

ISLAMABAD: Sindh High Court (SHC) has directed the Federal Board of Revenue (FBR) to ensure that sales tax returns...

Tax returns filed by CFOs: FBR lifts affidavit filing condition

Updated 18 Oct, 2024 09:25am

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn a major condition of filing of affidavits (tax period...

FBR reconstitutes SSTR committee

Updated 28 Sep, 2024 08:55am

ISLAMABAD: The Federal Board of Revenue (FBR) has reconstituted Single Sales Tax Return (SSTR) Committee for filing...

Conditions for GST payment, tax returns relaxed

Updated 02 Aug, 2024 09:45am

ISLAMABAD: The Federal Board of Revenue (FBR) has relaxed conditions for sales taxpayers and requirement to file...

LHC suspends operation of SRO 350 (I)/2024

Updated 22 Jul, 2024 08:29am

ISLAMABAD: Lahore High Court (LHC) has suspended operation of SRO 350(I)/2024 and directed the Federal Board of...

LCCI members urged to submit pending sales tax returns, WWF payments

Published 08 Jun, 2024 07:00am

LAHORE: President of the Lahore Chamber of Commerce & Industry (LCCI), Kashif Anwar, in a meeting with Focal...

E-filers face problems after new amendments to ST rules

Published 18 Apr, 2024 03:24am

KARACHI: Taxpayers are facing difficulties in e-filing sales tax returns after new amendments to the Sales Tax Rules...

Forging ST returns of registered taxpayers: FTO directs FBR to take action against hackers

Updated 30 Dec, 2023 03:14pm

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take action against...

FBR gets data of unregistered sugar buyers

Updated 29 Nov, 2023 08:53am

ISLAMABAD: The Federal Board of Revenue (FBR) has obtained data of unregistered buyers of sugar from Sales Tax...

Sales tax returns filing: KCCI asks FBR to rectify technical errors

Published 24 Nov, 2023 05:29am

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has asked the Federal...

Restriction imposed by FBR: Traders facing issues while filing sales tax returns

Updated 21 Oct, 2023 09:47am

ISLAMABAD: The importers and traders are facing serious technical problems in filing of sales tax returns due to...

Exporters trapped in GST refunds: TMA urges govt to restore SRO 1125(I)/2011 in true letter and spirit

Updated 04 Aug, 2023 09:56am

KARACHI: Senior Vice Chairman of the Towel Manufacturers Association of Pakistan Syed Usman Ali has expressed severe...

DI&IR Lahore detects ‘tax fraud’ by a company

Published 27 Jun, 2023 06:15am

ISLAMABAD: Directorate of Intelligence & Investigation (IR) Lahore has detected a tax fraud committed by a...

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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 20	316.15
Diesel/Litre / Jul 20	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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