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Senate Standing Committee on Finance

Senate body approves Customs (Amendment) Bill 2026

Published 20 May, 2026 02:34am

ISLAMABAD: The Senate Standing Committee on Finance approved the Customs (Amendment) Bill, 2026, to give effect to...

Withdrawal of Super Tax: Kayani doesn’t confirm any possibility

Updated 15 May, 2026 09:14am

ISLAMABAD: Minister of State for Finance Bilal Azhar Kayani Thursday did not confirm any possibility of the...

Missing silver case: Senior customs officials nearing arrest?

Updated 15 May, 2026 08:18am

ISLAMABAD: Federal Board of Revenue (FBR) Member Customs (Operations) Syed Shakeel Shah has said the Federal...

Patchwork economics

Published 15 May, 2026 06:03am

EDITORIAL: The flood of sector-specific demands placed before the Senate Standing Committee on Finance ahead of the...

Cash management framework under strain

Published 24 Apr, 2026 06:40am

EDITORIAL: When parliament enacted the Public Finance Management (PFM) Act 2019, it sought to overhaul a deeply...

Asset declarations by govt servants: ED, FBR under fire for non-implementation of laws

Published 17 Apr, 2026 06:16am

ISLAMABAD: The Senate Standing Committee on Finance expressed serious reservations over the non-implementation of...

Superior courts: Ministry, AGP affirm FBR’s right to challenge President’s orders

Updated 06 Apr, 2026 08:49am

ISLAMABAD: Ministry of Law and Justice and Attorney General for Pakistan have ruled that the Federal Board of...

Dispute resolution: FBR chief takes step aimed at facilitating importers

Published 02 Apr, 2026 06:03am

ISLAMABAD: Chairman of the Federal Board of Revenue (FBR), Rashid Mahmood Langrial, on Wednesday, took a major step...

Support to ADRC mechanism: FBR moves President against FTO’s order, Senate panel told

Published 15 Mar, 2026 02:21am

ISLAMABAD: Senate Standing Committee on Finance has been informed that the Federal Board of Revenue (FBR) has filed...

Panel orders probe into alleged embezzlement in NAVTTC

Updated 12 Feb, 2026 06:05am

ISLAMABAD: In a sharp rebuke to the National Vocational and Technical Training Commission (NAVTTC), a parliamentary...

PRAL CEO draws Rs5.2m salary, 5pc ‘Mobility Allowance’?

Published 06 Feb, 2026 06:27am

ISLAMABAD: The newly appointed Chief Executive Officer (CEO) of Pakistan Revenue Automation Limited (PRAL) is ...

FBR says has not breached financial privacy of taxpayers

Updated 06 Feb, 2026 08:16am

ISLAMABAD: The Federal Board of Revenue (FBR) has not breached the financial privacy of taxpayers by sending text...

Govt to review tax rates for highest salary slab

Updated 05 Feb, 2026 09:17am

ISLAMABAD: Finance Minister Muhammad Aurangzeb Wednesday said the government will review the tax rates on the...

Super Tax to be recovered in instalments: FBR announces major relief for corporate sector

Updated 05 Feb, 2026 09:21am

ISLAMABAD: Chairman Federal Board of Revenue (FBR), Rashid Mahmood Langrial on Wednesday announced major relief for...

CCP says it reduced court pendency by 50%, imposed Rs1bn fines in a year

Published 28 Aug, 2025 06:12pm

The Competition Commission of Pakistan (CCP) said on Thursday it had halved its court pendency and recovered...

Businessmen voice concerns over trade challenges at Iran, Afghanistan borders

Published 01 Aug, 2025 07:05pm

ISLAMABAD: The representatives of Quetta Chamber of Commerce informed the Senate Standing Committee on Finance at...

Finance Bill 2024: Senate proposes whopping 128 recommendations to National Assembly

Updated 24 Jun, 2024 11:02pm

Senate Standing Committee on Finance unanimously rejects increase in tax on low-tier salaried class, Chairman Saleem Mandviwalla says

Govt’s non-developmental/recurring expenditure: Senate body may take up issue of ways, means

Published 17 Jan, 2024 06:02am

ISLAMABAD: A meeting of the Senate Standing Committee on Finance is likely to take up the issue of ways and means to...

Raise in FBR tax collection target

Published 21 Feb, 2023 05:57am

EDITORIAL: Additional taxation measures of 170 billion rupees tabled in parliament on 15 February by Finance ...

Fiscal year 2022-23: Tax target raised to Rs7.64trn

Updated 17 Feb, 2023 10:15pm

Revenue collection target has been increased after additional revenue measures of Rs170 billion, says Federal Board of Revenue Chairman Asim Ahmad

MoS Aisha terms ‘structural reforms’ need of the hour

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

Senate Standing Committee on Finance

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