Topic

tax authorities

LHC validates powers of tax authorities under AMLA

Published 04 Oct, 2026 02:23am

LAHORE: The Lahore High Court has held that the Anti-Money Laundering Act (AMLA) empowers the tax authorities to...

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...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 15	330
Diesel/Litre / Nov 15	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

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