Topic

tax authorities

Govt outlines big mandate for MFPU

Updated 28 Jul, 2026 09:07am

ISLAMABAD: The government has outlined an ambitious mandate for the newly established Macro-Fiscal Policy Unit...

Sections 11D, 11E operate in separate fields: ATIR Islamabad

Updated 13 Jul, 2026 09:05am

ISLAMABAD: In a landmark ruling clarifying the scope of penal and recovery provisions under the Sales Tax Act, 1990,...

Tax cases backlog

Published 24 Apr, 2026 06:50am

Pakistan’s tax litigation crisis is routinely described as a function of capacity constraints—too many cases, too...

Raids without prior notice: FCC upholds tax authorities’ power

Published 27 Feb, 2026 05:11am

ISLAMABAD: The Federal Constitutional Court (FCC) has ruled that tax authorities are legally empowered to conduct...

Govt focusing on expanding SMEs’ access to credit

Updated 17 Jan, 2026 09:35am

ISLAMABAD: The government has decided to facilitate Small and Medium Enterprises (SMEs) especially resolving their...

ADB flags high digital taxes, unfriendly analog tax processes

Updated 15 Jul, 2025 09:27am

ISLAMABAD: The Asian Development Bank (ADB), while terming high taxation on Pakistan’s digital infrastructure as a...

The high cost of punitive taxation

Published 19 Mar, 2025 05:48am

EDITORIAL: The fundamentally flawed nature of the tax regime operational in Pakistan is both well-documented and...

Tax authorities: Structured procedural framework drafted

Updated 13 Feb, 2025 09:28am

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad Bench-I has drafted a structured procedural...

Pakistan’s top 5% earners liable to pay Rs1.6trn in taxes, says FBR chief

Updated 26 Dec, 2024 10:53pm

During press conference alongside finance minister, Langrial says income tax evasion happening at massive scale

Aurangzeb throws light on people’s approach to tax obligations

Updated 25 Dec, 2024 09:22am

ISLAMABAD: Finance Minister Muhammad Aurangzeb, Tuesday, disclosed that people are ready to pay more money (tax),...

Countering sales tax frauds

Updated 15 Nov, 2024 08:11am

Globally, tax crimes have always been a significant threat to economic stability and governance. These offences that...

Reissuance of show-cause notices after 19 years illegal: FTO

Published 27 Sep, 2024 06:26am

LAHORE: The Federal Tax Ombudsman (FTO) has held that reissuing show-cause notices after 19 years, without...

Refund cannot be blocked for pendency of tax reference: IHC

Updated 09 Sep, 2024 09:31am

ISLAMABAD: The Islamabad High Court (IHC) has rejected an order passed by the Federal Tax Ombudsman (FTO) and ruled...

FBR asked to bring all hidden issues before PM immediately

Updated 15 Jul, 2024 09:23am

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to immediately bring all...

‘Hurdles’ to copper ingots’ export to China: Exporters move SIFC against FBR

Updated 23 Jan, 2024 09:08am

ISLAMABAD: Exporters have approached the Special Investment Facilitation Council (SIFC) against the Federal Board of...

‘Tax authorities have failed to issue supplementary show-cause notice’

Published 26 Oct, 2023 06:08am

LAHORE: Tax authorities allegedly fail to issue supplementary show-cause notice in case taxpayers raise new factual...

Tax authorities accused of misinterpreting global tax conventions

Published 15 Aug, 2023 06:30am

LAHORE: Tax authorities are accused of misinterpreting international tax conventions instead of implementing them...

Tax authorities pass assessment orders on incorrect assumptions?

Published 29 Jun, 2023 04:19am

LAHORE: Departmental store owners have alleged that the income tax authorities pass the assessment orders without...

FTO takes strong exception to delay in clearance of refunds

Published 11 Mar, 2023 03:16am

LAHORE: The Federal Tax Ombudsman (FTO) has taken strong exception to delay in clearance or refunds on preconceived...

Exchange fluctuations: Foreign firms’ subsidiaries not allowed to cut income

Published 09 Mar, 2023 06:23am

LAHORE: Tax authorities are not allowing subsidiaries of foreign companies to deduct the loss on income from ...

Tax authorities accused of prejudging tax evasion as bid to launder money

Published 20 Jan, 2023 06:10am

LAHORE: The Intelligence and Investigation (I&I) Wing of the Inland Revenue is prejudging tax evasion as an...

Imports: Dar rejects ‘flood levy’ proposal

Updated 31 Dec, 2022 08:46am

ISLAMABAD: Finance Minister Ishaq Dar has rejected the proposal to impose flood levy on the import of non-essential...

Move to bring 2m retailers into tax net: Senate body clears bill on tax laws

Updated 23 Dec, 2022 08:44am

ISLAMABAD: The Senate Standing Committee on Finance has cleared the Tax Laws (Second Amendment) Bill, 2022 with some...

Tax evasion: FBR lacks capacity to analyze big data: World Bank

Updated 08 Nov, 2022 09:45am

ISLAMABAD: The Federal Board of Revenue (FBR) lacks the capacity to analyze big data to detect tax evasion and also...

Rs536.53bn target for Nov: ‘Pull your socks up,’ FBR chief tells Chief Commissioners

Updated 04 Nov, 2022 09:42am

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Asim Ahmad Thursday directed Chief Commissioners of field...

Recovery of CVT on foreign assets: SHC asks tax authorities to comply with relevant laws

Updated 16 Sep, 2022 09:51am

ISLAMABAD: The Sindh High Court (SHC) has asked tax authorities that before proceeding for the recovery of the...

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1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Sep 30	157.84
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.33
Euro to USD / Sep 30	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
India Sensex / Sep 30	72,480.29
Tokyo Nikkei / Sep 30	66,753.72
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
FTSE 100 / Sep 30	10,606
Dow Jones / Sep 30	50,906.05
Germany DAX 30 / Sep 30	25,199.19
France CAC40 / Sep 30	7,964.51

Item	Value
Crude Oil USD/Barrel / Sep 30	90.56
Karachi Cotton PKR/37.32 KG / Sep 30	18,680
Gold 10 Grams PKR / Sep 30	378,631
Gold Spot USD/Ounce / Sep 30	4,154.77
Cotton US¢/pound / Sep 30	78.52
Petrol/Litre / Oct 1	387.54
Diesel/Litre / Oct 1	402.24

Gainers
Losers
Leaders

Stock	Price
Ellcot Spinning / Oct 1 Ellcot Spinning Mills Limited(ELSM)	196.28 ▲ 17.84 (10%)
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Ghazi Fabrics / Oct 1 Ghazi Fabrics International Limited(GFIL)	28.69 ▲ 2.31 (8.76%)
D.M. Corporation / Oct 1 D.M. Corporation Limited(DMC)	179 ▲ 13.67 (8.27%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	122.95 ▲ 8.99 (7.89%)
Security Investment Bank / Oct 1 Security Investment Bank Limited(SIBL)	7.10 ▲ 0.49 (7.41%)
ARM Green Industries / Oct 1 ARM Green Industries Limited(ARMG)	52.50 ▲ 3.49 (7.12%)
First IBL Mod. / Oct 1 First IBL Modaraba(FIBLM)	15.84 ▲ 1 (6.74%)
Int. Knit. / Oct 1 International Knitwear Limited(INKL)	103 ▲ 6.5 (6.74%)
Ali Asghar / Oct 1 Ali Asghar Textile Mills Limited(AATM)	44.99 ▲ 2.8 (6.64%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	125 ▼ -39.01 (-23.79%)
Azgard Nine (Non-Voti) / Oct 1 Azgard Nine (Non-Voti)(ANLNV)	7.50 ▼ -0.94 (-11.14%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
Mughal Energy / Oct 1 Mughal Energy Limited(GEM)(GEMMEL)	37 ▼ -4 (-9.76%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	46.40 ▼ -4.17 (-8.25%)
Karam Ceramics / Oct 1 Karam Ceramics Limited(KCL)	161.29 ▼ -10.16 (-5.93%)
AN Textile Mills / Oct 1 AN Textile Mills Limited(ANTM)	76.05 ▼ -4.47 (-5.55%)
Dewan Textile / Oct 1 Dewan Textile Mills Limited(DWTM)	9.20 ▼ -0.52 (-5.35%)
JS Mom. Factor ETF / Oct 1 JS Momentum Factor ETF(JSMFETF)	10.90 ▼ -0.45 (-3.96%)
First Tri-Star Mod. / Oct 1 First Tri-Star Modaraba(FTSM)	47 ▼ -1.92 (-3.92%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	11,221,527 ▲ 0.09
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	11,031,914 ▲ 0.29
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	9,259,139 ▼ -2.9
Oilboy Energy / Oct 1 Oilboy Energy Limited(OBOY)	4,357,007 ▲ 1
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	2,682,390 ▲ 0.55
Aisha Steel Mills / Oct 1 Aisha Steel Mills Limited(ASL)	2,266,348 ▲ 0.57
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	2,030,010 ▲ 0.73
Yousuf Weaving / Oct 1 Yousaf Weaving Mills Limited(YOUW)	1,559,385 ▲ 0.13
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	1,546,840 ▲ 0
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	1,340,591 ▲ 0.02

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