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Sales Tax

APSA urges govt to revert sales tax on mined salt

KARACHI: The All Pakistan Salt Association (APSA) has urged the government to revert the sales tax imposed in this...

Published 09 Jul, 2021 04:25am

GST assessment: FBR withdraws fixation of sugar price at Rs60/kg

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn the fixation of the domestic price of sugar at Rs60 per...

Published 09 Jul, 2021 02:31am

Sales tax on motor spirit reduced

ISLAMABAD: The Federal Board of Revenue (FBR) has reduced sales tax on motor spirit from 17 percent to 16.40 percent...

Updated 07 Jul, 2021 08:25am

Business

Customs Region (North) collects over Rs23bn during 2020-21

ISLAMABAD: The Customs Region (North) of the Federal Board of Revenue (FBR) has collected Rs23.334 billion as ...

Published 04 Jul, 2021 03:41am

Business & Finance

Textile sector: Duty on import of 580 items reduced, exempted from 1st

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted/reduced customs duty on the import of 580 items of ...

Published 03 Jul, 2021 03:19am

Business

ST collection on services: Punjab registers 62pc growth

LAHORE: The Punjab government has registered a growth of 62 percent in collection of sales tax on services in the...

Published 03 Jul, 2021 03:19am

Fixed GST on SIM cards withdrawn

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn fixed sales tax on SIM cards of the mobile phones from...

Published 02 Jul, 2021 04:19am

Goods being exported: Customs officials empowered to conduct profiling

ISLAMABAD: The customs officials have been empowered to conduct profiling of the goods being exported, through the...

Published 01 Jul, 2021 04:09am

Over Rs100bn taxes withdrawn

ISLAMABAD: The government has withdrawn taxes of over and above Rs100 billion following withdrawal of the proposed...

Published 30 Jun, 2021 03:54am

Business & Finance

Tax-exempt areas of Fata/Pata: 16pc GST levied on goods supplied to taxable areas

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed 16 percent sales tax on goods supplied from tax-exempt...

Published 30 Jun, 2021 03:54am

Pakistan

Countrywide gas suspension for seven days unacceptable: FPCCI

ISLAMABAD: FPCCI President Naseer Hayatt Magoon, on Monday, said a nationwide gas suspension for seven days is...

Updated 29 Jun, 2021 09:12am

Business & Finance

LCCI holds post budget convention: Chambers call for withdrawal of anti-business budget clauses

LAHORE: As many as 25 chambers of commerce and industry, at a two-day Post Budget Convention under the umbrella of...

Published 25 Jun, 2021 04:20am

BR Research

Autos make haste

Imports (in dollar value) are growing much faster than volumes here locally. Imported cars (in dollar value) in...

Published 24 Jun, 2021 07:35am

Pakistan

Opposition MNAs term budget ‘for the rich and by the rich’

ISLAMABAD: The opposition lawmakers in the National Assembly, on Wednesday, termed the federal budget for 2021-22...

Published 24 Jun, 2021 03:36am

Business

Warehouse operators: Bank statement showing sufficient funds to be made mandatory: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) will make it mandatory for any person or firm desirous of operating a...

Published 24 Jun, 2021 03:36am

Finance Bill, Sec 233A of income tax law: Suggestions finalised by Senate body

ISLAMABAD: The Senate Standing Committee on Finance has finalised its recommendations to the Finance Bill, 2021-22,...

Updated 24 Jun, 2021 12:01pm

Business & Finance

Erstwhile tribal areas: Steel units plan shutdown against FED removal plan

ISLAMABAD: Large steel producers and documented steel plants are planning to shutdown their operations and go for a...

Published 23 Jun, 2021 04:26am

Pakistan

Increasing inflation intensifying issue of food security: PBIF

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum...

Published 22 Jun, 2021 04:46am

Business

FBR informs Senate body: 17pc ST imposed on crude oil an adjustable tax

ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed the Senate Standing Committee on Finance that the 17...

Published 22 Jun, 2021 04:46am

Business

Flour mills’ turnover: Govt urged to withdraw 400pc hike in tax rate

ISLAMABAD: The business community Saturday asked the government to withdraw 400 percent hike in the income tax rate...

Published 20 Jun, 2021 03:39am

Govt defends overall approach to economy

ISLAMABAD: Federal Minister for Energy Hammad Azhar has said the economy of the country is moving in the right...

Updated 19 Jun, 2021 12:42pm

Cabinet’s directive to Revenue Division: Arrest of tax filer contingent on third party report

ISLAMABAD: The Federal Cabinet has directed Revenue Division to alter the wording of the draft amendment in the...

Published 18 Jun, 2021 04:16am

Business

Imposition of new tax on LNG to increase CNG price: APCNGA

ISLAMABAD: The government’s proposal to impose 17 percent general sales tax (GST) on imported LNG would increase...

Published 18 Jun, 2021 04:16am

BR Research

Sales tax conundrum for online marketplaces

In its attempt to digitize, document and bring the sellers and retailers in the tax ambit, the government has...

Published 17 Jun, 2021 07:35am

Business & Finance

FPCCI expresses serious reservations over some budget measures

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) on Wednesday expressed its serious...

Published 17 Jun, 2021 03:27am

Pakistan

PFMA threatens to go on strike

LAHORE: The Pakistan Flour Mills Association (PFMA) has warned to go on strike if the proposed increase in the ...

Published 16 Jun, 2021 03:40am

Business & Finance

Sales tax on services: Monitoring teams to collect information

LAHORE: The Punjab government has constituted monitoring teams to collect information about departments who have...

Published 16 Jun, 2021 03:39am

Pakistan

Expats sending more in remittances than exports of country: Bilawal

LAHORE: Chairman Pakistan People''s Party (PPP) Bilawal Bhutto-Zardari has termed it a tragedy that overseas...

Published 15 Jun, 2021 03:30am

Business

ST on two petroleum products reduced

ISLAMABAD: The Federal Board of Revenue (FBR) has reduced sales tax on two petroleum products, effective from June ...

Published 15 Jun, 2021 03:30am

Business

Tax Expenditure Report 2021: Revenue impact from IT exemption available to agri income missing

ISLAMABAD: The revenue impact from income tax exemption available to the agriculture income during 2019-20 is ...

Published 15 Jun, 2021 03:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Cotton US¢/pound / May 2	77.01
Petrol/Litre / May 3	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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