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shabbar zaidi

A retrogressive step by FBR

EDITORIAL: It was for good reason that the first directive issued by former FBR Chairman Shabbar Zaidi mandated tax...

Published 16 Oct, 2021 04:49am

Attachment of bank account: FBR withdraws instructions issued by Shabbar

ISLAMABAD: The Federal Board of Revenue (FBR) Monday withdrew instructions issued by former FBR chairman Shabbar...

Updated 12 Oct, 2021 09:51am

Business & Finance

'Chinese contractors, sugar millers withdrew huge cash from banks during my tenure': ex-FBR chief

ISLAMABAD: Former chairman Federal Board of Revenue (FBR) Shabbar Zaidi said that during his tenure as the board's...

Published 27 Sep, 2021 05:51am

Pakistan

‘Economic policy success lies in benefits to common man’

ISLAMABAD: Economic policy cannot be successful until and unless it benefits the common man. This was the conclusion...

Published 10 Jul, 2021 03:42am

Pakistan

Inter-corporate dividends: PBC expresses disappointment over non-removal of double taxation

ISLAMABAD: Pakistan Business Council (PBC) has expressed its disappointment over not removing double taxation on...

Published 15 Jun, 2021 03:30am

Former FBR chief Shabbar makes budget proposals

ISLAMABAD: The government should introduce a case settlement scheme for out-of-court settlement, implement...

Published 28 May, 2021 04:08am

Pakistan

Govt urged to determine magnitude of illegal trade

KARACHI: The Stop Illegal Trade (SIT), an advisory forum for prevention of illicit trade in the country, has...

Published 27 May, 2021 03:40am

Business & Finance

PSO refutes reports, says not shifting Head Office to Islamabad from Karachi

“Pakistan State Oil would like to refute the news circulating on social media about its head office shifting to Islamabad. We will continue to run our operations from Karachi,” stated PSO in a statement on Monday.

Updated 08 Feb, 2021 12:37pm

Opinion

Zero-rating debate

This is apropos a Business Recorder op-ed “Zero-rating of sales tax on export-oriented sectors: It cannot be...

Published 29 Jan, 2021 04:55am

Editorials

The taxation puzzle

EDITORIAL: In a webinar last week, Punjab Revenue Authority (PRA) chairman said that high rates of taxes remained ...

Published 29 Jan, 2021 04:55am

Business & Finance

Former FBR Chief suggest govt to demonetize Rs 5,000 notes

The former chairman said it would improve the economy and stabilize banking while making bribery more difficult.

Published 23 Jan, 2021 04:24pm

Business & Finance

Mob comes after another top Pakistani professional with questionable allegations

*A media outlet reported that the Federal Board of Revenue (FBR) has begun investigating Arif Usmani, for his alleged offshore assets worth billions of rupees.

Published 06 Jan, 2021 09:14pm

Business & Finance

Shabbar Zaidi voice against reversing zero rating for Pakistan exports

“If this is done then we should forget about any tax system in Pakistan,” said Zaidi, while calling for an improvement in the refund system.
All Pakistan Textile Mills Association (APTMA) in a series of tweets on Wednesday, said that the withdrawal of zero-rating was one of the most regressive policies brought in by then FBR Chairman Shabbar Zaidi.

Published 06 Jan, 2021 01:57pm

Pakistan

Shabbar Zaidi dismisses ‘fake messages’ on social media, offers support to PM Khan

“I reiterate that IK supported me in all my actions. We all should come forward in helping him for eradicating Mafias in this country,” he tweeted.

Updated 18 Nov, 2020 11:19am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 22	278.53
USD PKR Interbank Buying / Apr 22	278.33
USD to Japanese Yen / Apr 22	154.79
USD to Swiss Franc / Apr 22	0.91
Pound Sterling to USD / Apr 22	1.23
Euro to USD / Apr 22	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
India Sensex / Apr 22	73648.62
Tokyo Nikkei / Apr 22	37438.61
Nasdaq / Apr 22	15451.31
Hang Seng / Apr 22	16511.69
FTSE 100 / Apr 22	8023.87
Dow Jones / Apr 22	38239.98
Germany DAX 30 / Apr 22	17860.80

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Crude Oil USD/Barrel / Apr 22	82.42
Gold 10 Grams PKR / Apr 22	213220
Gold Spot USD/Ounce / Apr 22	2328.37
Cotton US¢/pound / Apr 22	82.42
Petrol/Litre / Apr 23	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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