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shabbar zaidi

Zaidi urges startups to look beyond venture capital, study local success models

Published 10 May, 2026 11:36am

Says Pakistan’s entrepreneurial ecosystem should draw lessons from successful local examples

FIA withdraws corruption charges: Tax expert gets a clean chit from court

Updated 01 Nov, 2025 09:10am

ISLAMABAD: Special Court Karachi has outrightly dismissed a case against Shabbar Zaidi, a renowned tax expert and...

Shabbar criticises ‘institutional failures’ in country

Published 12 Oct, 2025 07:39am

KARACHI: Tax expert Shabbar Zaidi on Saturday criticized Pakistan’s institutional failures, saying that while...

SOT Events 2024 concludes in Karachi: Alumni of Beaconhouse School honoured with awards

Published 04 Nov, 2024 03:29am

KARACHI: Alumni of Beaconhouse School were honoured with awards in various categories for their outstanding...

Moving the capital back to Karachi

Published 11 Jul, 2024 05:52am

To save Jinnah’s Pakistan, voices are being raised to move the capital back to his city from where the journey had...

Tax expert proposes Karachi as country’s capital

Published 30 Jun, 2024 02:58am

KARACHI: Expressing his resentment over the lack of civic facilities in Karachi, former chairman of the Federal ...

Non-performing bank loans: Finance bill proposes amendments in 7th Schedule

Updated 24 Jun, 2024 08:47am

ISLAMABAD: Finance Bill 2024 has proposed amendments in Seventh Schedule (Banking Schedule) of the Income Tax...

PARTLY FACETIOUS: Miftah Ismail is the new Shabbar Zaidi?

Published 05 Jun, 2024 06:41am

“Prime Minister and his band of merry cabinet members are off to China and I think this may be an appropriate time...

Ultimate beneficial ownership: Requirements more stringent in income tax law than corporate one: expert

Updated 28 Oct, 2023 09:49am

ISLAMABAD: The requirements of ultimate beneficial ownership as laid down in the Income Tax law are more stringent...

Recovery of CVT under Finance Act 2022: Taxmen’s orders are without jurisdiction: former FBR chief

Updated 24 Oct, 2023 09:38am

ISLAMABAD: All the orders passed by the taxation officers/Inland Revenue officers for the recovery of Capital Value...

Tax expert accused of harming reputation of FBR officers

Published 01 Aug, 2023 06:19am

LAHORE: The Federal Board of Revenue (FBR) Deputy Commissioner Ali Saleh Hayat Kalyar has sent a legal notice to...

Original utility connection holders: Energy firms asked to collect tax data on CNIC basis

Updated 14 May, 2023 10:11am

ISLAMABAD: The Reforms and Resource Mobilisation Commission (RRMC) has recommended electricity/gas companies to...

Foreign companies: expert explains SECP’s steps

Published 11 May, 2023 05:54am

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken major measures to facilitate foreign...

Country being steered towards stability: minister

Published 11 Apr, 2023 03:44am

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal on Monday said the...

PARTLY FACETIOUS: Shehbaz yet to defy his elder brother

Updated 18 Mar, 2023 06:48am

“Ishaq Dar has DOG.” “I don’t think so - I mean if he had a pet we would have known right!” “How would...

Industries/sectors earning over Rs300m: SC directs payment of 4pc super tax within a week

Updated 24 Feb, 2023 08:50am

ISLAMABAD: The Supreme Court of Pakistan (SC) has directed the industries/sectors earning income above Rs300 ...

Imposition of 10pc WHT on sale of shares: Expert identifies ‘serious’ legal flaws in proposed provision of bill

Published 19 Feb, 2023 03:19am

ISLAMABAD: There are serious legal flaws in the proposed provision of the Finance (Supplementary) Bill, 2023 on...

In bid to enhance recovery, FBR speeds up issuing of notices to taxpayers

Published 05 Jan, 2023 05:58am

LAHORE: The Federal Board of Revenue (FBR) has sped up issuing of notices to taxpayers to enhance recovery efforts ...

Caretaker govt to be formed by March, says Shabbar

Published 04 Jan, 2023 06:02am

KARACHI: Former chairman of the Federal Board of Revenue (FBR) Shabbar Zaidi claimed Tuesday that a caretaker setup...

PARTLY FACETIOUS: Caretaker setup may be in place?

Published 30 Dec, 2022 05:50am

“The difference between an individual decision maker and an institution is that the former focuses only on Plan A...

Notice issued to Shabbar withdrawn on FTO’s order

Updated 30 Dec, 2022 08:42am

ISLAMABAD: The timely intervention of the Federal Tax Ombudsman (FTO) has resulted in the withdrawal of an illegal...

Assets declared under two statutes not subject to CVT: expert

Updated 29 Oct, 2022 09:46am

ISLAMABAD: Former chairman of the Federal Board of Revenue (FBR), Shabbar Zaidi Friday said that assets declared...

Revoke FTAs to tackle current account deficit: Shabbar Zaidi

Published 15 Oct, 2022 11:06pm

Recommends imposing 10-year economic emergency in Pakistan

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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

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