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shabbar zaidi

PARTLY FACETIOUS: Miftah Ismail is the new Shabbar Zaidi?

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

Published 05 Jun, 2024 06:41am

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

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

Updated 28 Oct, 2023 09:49am

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

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

Updated 24 Oct, 2023 09:38am

Business & Finance

Tax expert accused of harming reputation of FBR officers

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

Published 01 Aug, 2023 06:19am

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

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

Updated 14 May, 2023 10:11am

Business & Finance

Foreign companies: expert explains SECP’s steps

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

Published 11 May, 2023 05:54am

Pakistan

Country being steered towards stability: minister

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

Published 11 Apr, 2023 03:44am

Opinion

PARTLY FACETIOUS: Shehbaz yet to defy his elder brother

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

Updated 18 Mar, 2023 06:48am

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

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

Updated 24 Feb, 2023 08:50am

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

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

Published 19 Feb, 2023 03:19am

Business & Finance

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

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

Published 05 Jan, 2023 05:58am

Pakistan

Caretaker govt to be formed by March, says Shabbar

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

Published 04 Jan, 2023 06:02am

Opinion

PARTLY FACETIOUS: Caretaker setup may be in place?

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

Published 30 Dec, 2022 05:50am

Notice issued to Shabbar withdrawn on FTO’s order

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

Updated 30 Dec, 2022 08:42am

Assets declared under two statutes not subject to CVT: expert

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

Updated 29 Oct, 2022 09:46am

Pakistan

Revoke FTAs to tackle current account deficit: Shabbar Zaidi

Recommends imposing 10-year economic emergency in Pakistan

Published 15 Oct, 2022 11:06pm

Business & Finance

Tax expert criticises ‘overstaffed’ FBR

ISLAMABAD: Former chairman Federal Board of Revenue (FBR) Shabbar Zaidi has said that the FBR is collecting most of...

Updated 19 Sep, 2022 09:24am

Expert for enforcing tax writ firmly

ISLAMABAD: Former chairman Federal Board of Revenue (FBR) Shabbar Zaidi categorically said that the government has ...

Updated 29 Aug, 2022 09:47am

Pakistan

ZU holds interactive debate on economic problems, solutions

KARACHI: Ziauddin University presented the 13th interactive series of ZU Dialogues, on “Pakistan’s Economic...

Published 09 Jul, 2022 03:57am

Business & Finance

Finance bill 2022: Fundamental policy for IPPs changed, points out tax expert

ISLAMABAD: The Federal Board of Revenue (FBR) has placed a time limitation on the income tax exemption of the power...

Published 22 Jun, 2022 05:58am

Business & Finance

Three major revenue measures may be challenged in court: Shabbar

ISLAMABAD: Three major revenue measures (direct taxes) of the Finance Bill, 2022, having accumulated revenue impact...

Published 16 Jun, 2022 06:55am

Above Rs50,000 purchase: Shabbar Zaidi concerned at likely withdrawal of CNIC condition

ISLAMABAD: Former Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has expressed serious concern over the...

Updated 09 May, 2022 09:43am

Pakistan

Allegations of favouring six big companies: PAC accepts FBR’s ‘clean chit’ to Shabbar Zaidi’s response

ISLAMABAD: The Public Accounts Committee (PAC), on Thursday, accepted the response of the Federal Board of Revenue...

Published 25 Feb, 2022 06:19am

BR Research

IPP WHT revision: good move, poor optics?

In a summary moved to ECC, the government has sought approval to reduce the WHT on IPPs under 2015 policy for ...

Published 11 Feb, 2022 08:17am

Purported favour to 6 big firms: FBR gives its ex-chairman Zaidi a clean chit

ISLAMABAD: The Federal Board of Revenue (FBR),Thursday, gave a clean chit to the former chairman FBR and top...

Updated 11 Feb, 2022 09:47am

Foreign investors operating in EPZ: FBR ‘inadvertently’ withdraws tax exemption

ISLAMABAD: The Federal Board of Revenue (FBR) has inadvertently withdrawn sales tax exemption to the foreign...

Updated 18 Jan, 2022 09:45am

Business & Finance

'Misreported': Shabbar Zaidi’s ‘Pakistan is bankrupt’ statement stirs controversy

Former FBR chief says three minutes of his speech have been 'cherry-picked'

Published 16 Dec, 2021 05:29pm

Business & Finance

Pakistan Cables wins Award

KARACHI: Pakistan Cables won the prestigious Corporate Excellence Award 2021 in the Cables and Electrical Goods...

Published 11 Nov, 2021 05:20am

Attachment of bank accounts: FBR yet to withdraw orders despite Senate panel’s directives

ISLAMABAD: Despite clear directions of the Senate Standing Committee on Finance, the Federal Board of Revenue (FBR)...

Published 04 Nov, 2021 04:16am

Pakistan

Corporate compliances: Former FBR chairman explains how higher growth can be achieved

KARACHI: The Management Association of Pakistan (MAP) has organised 36th Corporate Excellence Awards here at local...

Published 29 Oct, 2021 05:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 12	278.72
USD PKR Interbank Buying / Jun 12	278.47
USD to Japanese Yen / Jun 12	157.24
USD to Swiss Franc / Jun 12	0.90
Pound Sterling to USD / Jun 12	1.27
Euro to USD / Jun 12	1.07

Stock	Volume
S&P 500 / Jun 11	5375.32
Nasdaq / Jun 11	17343.55
Dow Jones / Jun 11	38747.42
India Sensex / Jun 12	76895.82
Tokyo Nikkei / Jun 12	38876.71
Hang Seng / Jun 12	17987.80
FTSE 100 / Jun 12	8203.88
Germany DAX 30 / Jun 12	18489.75

Item	Value
Petrol/Litre / Jun 12	268.36
Crude Oil USD/Barrel / Jun 12	78.46
Karachi Cotton PKR/37.32 KG / Jun 12	19935
Gold 10 Grams PKR / Jun 12	207390
Gold Spot USD/Ounce / Jun 12	2315.02
Diesel/Litre / Jun 12	270.22

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 12 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 12 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 12 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 12 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 12 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 12 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 12 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 12 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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