Topic

Supertax

Super tax: Constitution doesn’t permit arbitrary legislation, lawyer submits before SC

Published 23 Sep, 2025 05:48am

ISLAMABAD: The Constitutional Bench of the Supreme Court was informed on Monday that Super Tax under Section 4C of...

Well-organised documented sectors: PBC urges FBR to rationalise ‘super tax’

Published 03 May, 2024 06:29am

ISLAMABAD: Pakistan Business Council (PBC) has proposed the Federal Board of Revenue (FBR) to rationalise ‘super...

Budget proposals: PBC calls for mining FBR data to identify new taxpayers

Updated 02 May, 2024 10:41pm

The Pakistan Business Council (PBC), the country’s largest corporate sector advocacy platform, has urged the...

Supertax on rich: SC concerned at ‘no final decision’ by high courts

Updated 24 Apr, 2024 09:24am

ISLAMABAD: The Supreme Court expressed concern over no final decision by high courts on supertax on high-earning...

Super tax: SC to resume hearing on Tuesday

Published 21 Apr, 2024 04:10am

ISLAMABAD: The Supreme Court will resume hearing the case regarding super tax on high earning persons imposed vide...

Dividends payable to US firm: SC helps settle row over rebate against supertax

Updated 10 Apr, 2024 09:49am

ISLAMABAD: The Supreme Court of Pakistan has settled the controversy regarding the rebate available against supertax...

Is Super Tax payable on dividend?

Updated 03 Jan, 2024 06:07am

Introduction, 1- This note has been prepared to dispel the incorrect perception that Super Tax under Section (4C) of...

Super tax: IHC says section 4C ‘as it stands now’ ultra-vires constitution

Updated 20 Jul, 2023 09:01pm

The Islamabad High Court (IHC) on Thursday approved the petitions filed by various companies and organisations and...

Super tax and tax on bonus: misinterpretation of basic accounting–II

Updated 06 Jul, 2023 06:24am

Now, if the rationale, intention and equitability have to prevail, the following will be the answer: the tax super...

Local, foreign assets: Rs9bn CVT collected so far

Updated 20 May, 2023 12:30pm

ISLAMABAD: The government has so far collected Rs9 billion on account of capital value tax (CVT) on local and...

KSE-100 companies post 22% higher profit in FY22, but index struggles

Updated 24 Sep, 2022 09:36pm

Dividend payout down 3% YoY to Rs392 billion in FY22, says Topline report

Super tax on banking industry – is it wise?

Published 18 Aug, 2022 05:27am

Demanding higher returns on government treasury bills is nothing unusual. It is the right of the banks (and in fact...

Miftah directs immediate meeting to consider SOEs declaring 'healthy dividends'

Updated 10 Aug, 2022 09:41am

PSX hosts meeting with finance minister, who sets up three committees to coordinate on issues including interest rates, taxation, review of listings of DFIs among others

Super Tax: FMPAC rejects Sindh agri chamber’s claim

Published 16 Jul, 2022 04:20am

KARACHI: The Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) on Friday dismissed the assertion of ...

Imposition of supertax: Prgmea conveys its reservations to Miftah

Published 15 Jul, 2022 06:20am

ISLAMABAD: Pakistan Readymade Garments Manufacturers and Exporters Association (Prgmea) on Thursday conveyed its...

Speculators driving dollar value upwards: Shaukat Tarin

Updated 07 Jul, 2022 08:30pm

Former finance minister says currency, based on REER, should not be over Rs185 per dollar
Criticises govt for not securing fuel shipments and resorting to load-shedding

Value-added textile associations reject supertax

Published 07 Jul, 2022 05:35am

KARACHI: Scores of value-added textile associations Wednesday termed the 10 percent supertax “harsh and...

Withdrawal of 10pc supertax on 13 sectors demanded

Published 06 Jul, 2022 07:11am

KARACHI: Patron-in-Chief of Korangi Association of Trade and Industry (KATI) SM Muneer and President Salman Aslam...

Exorbitant tax on formal sector to make the nation poorer

Published 05 Jul, 2022 05:19am

The annual ritual of budget presentation was completed on June 29 with the passage of the Finance Act 2022 by the...

Imposition of supertax

Published 04 Jul, 2022 06:17am

Finance Minister Miftah Ismail has repeatedly said that the government has imposed supertax even on the factories...

15 sectors: 10pc supertax imposed on income exceeding Rs300m

Updated 30 Jun, 2022 10:44am

ISLAMABAD: The amended Finance Bill 2022 has imposed a 10 percent supertax for the Tax Year 2022 on persons...

Finance Bill 2022: amendment to increase petroleum levy adopted

Updated 29 Jun, 2022 06:28pm

National Assembly also green lights super tax, rescinds relief granted to salaried class

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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