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tax collection

September LTO Karachi collection shows 23pc growth

KARACHI: Large Taxpayers Office (LTO), Karachi has collected Rs 456.4 billion during the period July 2022 —...

Published 01 Oct, 2022 04:20am

Editorials

Why is FBR not cooperating?

EDITORIAL: Regrettably, the Federal Board of Revenue (FBR) continues to undermine its own functioning. Needless...

Published 30 Sep, 2022 05:52am

Business & Finance

‘GDP to shrink by 3pc’: Govt urged to initiate reforms to bring about economic stability

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) former president and Businessmen Panel ...

Published 19 Sep, 2022 06:17am

Pakistan

Alvi links prosperity to better tax collection

PESHAWAR: President Dr Arif Alvi here Monday said that economic prosperity of the country was linked with increasing...

Published 06 Sep, 2022 04:08am

Opinion

Elephant in the courtroom

The devastation from the floods has taken the shine off the resumption of the IMF (International Monetary Fund)...

Published 01 Sep, 2022 05:50am

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

Business & Finance

KPRA holds workshop for public sector withholding agents

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) held a training workshop for the public sector withholding...

Published 22 Aug, 2022 06:33am

Business & Finance

Inordinate delays in dispute resolution impair overall tax governance: SC

ISLAMABAD: The Supreme Court held and declared that Rule 22(1) of Appellate Tribunal Inland Revenue Rules, 2010 to...

Published 07 Aug, 2022 05:44am

Business & Finance

Move to streamline collections, deposits: FBR to introduce SWAPS to large WHT agents

System will check practice of large withholding tax agents who are depositing withholding tax through a single receipt for multiple taxpayers

Updated 26 Jul, 2022 12:00pm

Business & Finance

Sales tax evasion: FBR asked to take action against big retailers

ISLAMABAD: The Federal Tax Ombudsman (FTO) on Thursday directed the Federal Board of Revenue (FBR) to take action...

Published 22 Jul, 2022 06:07am

Miftah gives a detailed account: How country saved itself from bankruptcy

Finance Minister says country expecting $4 billion from friendly countries to bridge the external financing gap

Updated 17 Jul, 2022 03:51pm

IMF for strengthening of anti-graft institutions including NAB: Tarin

Says a committee will be formed that will oversee changes in NAB laws and their implementation

Updated 15 Jul, 2022 10:24am

Business & Finance

RTO Lahore surpasses revenue target for FY21-22

LAHORE: The Regional Tax Office Lahore has surpassed revenue target for the fiscal year 2021-22, collecting Rs...

Published 08 Jul, 2022 06:40am

FBR set to achieve Rs6.1trn revised tax collection target

ISLAMABAD: The Federal Board of Revenue (FBR) is all set to achieve the upward revised target of Rs6,100 billion for...

Updated 29 Jun, 2022 09:41am

Opinion

A directionless budget

The budget is built on expectations and assumptions (prayers) of global commodities to move out of the super cycle ...

Published 13 Jun, 2022 06:19am

Budget

Budget an attempt to appease IMF, say analysts

KARACHI: The Budget FY23 is an attempt to satisfy IMF on key matters relating to revenue collection, subsidy...

Updated 11 Jun, 2022 10:11am

Business & Finance

Economic Survey: Indirect taxes account for 60pc of FBR’s total collection

ISLAMABAD: The indirect taxes (sales tax, customs duty, and Federal Excise Duty) contribution is over 60 percent of...

Published 10 Jun, 2022 06:16am

Pakistan

Road checking campaign: E&T dept collects Rs40.57m

KARACHI: Sindh Excise and Taxation Department has checked about 42,000 vehicles and made Rs40.57 million tax...

Published 03 Jun, 2022 08:02am

Experts see no major adverse impact on tax collection

ISLAMABAD: The Federal Board of Revenue’s revenue collection at the import stage would not have any significant...

Updated 20 May, 2022 10:16am

Business & Finance

Recovery drive: Sindh E&T dept collects Rs2.4m on first day

KARACHI: Sindh Excise and Taxation department has made a tax recovery of Rs2.4 million during the first day of the...

Published 18 May, 2022 05:54am

Business & Finance

4QFY22 targets: FBR officers asked to sharpen their focus

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a complete ban on leave to the FBR officers/officials till...

Published 12 May, 2022 06:49am

Withholding agents: FBR to automate process of tax collection, deposit

ISLAMABAD: The Federal Board of Revenue (FBR) will automate the entire process of collection and depositing of tax...

Updated 08 May, 2022 01:10pm

Business & Finance

Drive to check vehicle tax evaders from 16th

KARACHI: Sindh Excise and Taxation (E&T) department is going to launch a road checking campaign by May 16 to nab...

Published 06 May, 2022 05:03am

Business & Finance

FBR to hold POS balloting on 15th

LAHORE: The Federal Board of Revenue (FBR) will hold the balloting of Point of Sale (POS) in the city on April 15,...

Published 09 Apr, 2022 04:39am

PM says govt has mopped up taxes as best as it could

There is record tax collection, increase in exports and remittance, adds PM

Updated 12 Mar, 2022 09:59am

Business & Finance

Dilapidated roads, shortages of gas, power and water: KCCI accuses federal govt of ignoring Karachi

KARACHI: Karachi Chamber of Commerce & Industry (KCCI) President Muhammad Idrees, while slamming the federal...

Published 09 Mar, 2022 06:44am

Business & Finance

July 2021 to January 2022: LTO Lahore registers Rs50bn decline in tax collection

LAHORE: The Large Taxpayers Office (LTO) Lahore has registered a decline of nearly Rs 50 billion in tax collection...

Published 02 Mar, 2022 04:35am

Provisional figures: Feb tax collection stands at Rs443bn

ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the assigned monthly revenue collection target of Rs441...

Updated 01 Mar, 2022 09:50am

Editorials

FBR’s past shenanigans

EDITORIAL: It’s about time somebody, in this case the Auditor General of Pakistan (AGP), took “serious notice”...

Published 26 Feb, 2022 04:37am

Rapid industrialization objective: Tarin says govt undertaking wholesale planning

ISLAMABAD: Finance Minister Shaukat Tarin has blamed previous governments in the last 45 years for...

Updated 25 Feb, 2022 09:51am

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Oct 4 Tri-Star Power Limited(TSPL)	4.59 ▲ 0.59 (14.75%)
Flying Cement / Oct 4 Flying Cement Company Limited(FLYNG)	8.19 ▲ 1.00 (13.91%)
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	1.24 ▲ 0.13 (11.71%)
F.Treet Manuf / Oct 4 First Treet Manufacturing Modaraba(FTMM)	10.47 ▲ 0.97 (10.21%)
Bilal Fibres / Oct 4 Bilal Fibres Limited(BILF)	2.60 ▲ 0.21 (8.79%)
G3 Technologies / Oct 4 G3 Technologies Limited(GTECH)	8.90 ▲ 0.71 (8.67%)
First Prudential Mod. / Oct 4 First Prudential Modaraba(PMI)	1.85 ▲ 0.13 (7.56%)
Bal. Wheel / Oct 4 Baluchistan Wheels Limited(BWHL)	70.60 ▲ 4.92 (7.49%)
Gatron Ind. / Oct 4 Gatron (Industries) Limited(GATI)	381 ▲ 26.50 (7.48%)
Clover Pakistan / Oct 4 Clover Pakistan Limited(CLOV)	22.89 ▲ 1.59 (7.46%)

Stock	Price
Sapphire Textile / Oct 4 Sapphire Textile Mills Limited(SAPT)	1063.01 ▲ -85.99 (-7.48%)
EMCO Industries / Oct 4 Emco Industries Limited(EMCO)	21.93 ▲ -1.77 (-7.47%)
Gillette Pak / Oct 4 Gillette Pakistan Limited(GLPL)	120.50 ▲ -9.48 (-7.29%)
AN Textile Mill / Oct 4 AN Textile Mills Limited(ANTM)	10 ▲ -0.75 (-6.98%)
Masood Textile / Oct 4 Masood Textile Mills Limited(MSOT)	44 ▲ -3.09 (-6.56%)
Gadoon Textile / Oct 4 Gadoon Textile Mills Limited(GADT)	216 ▲ -14.50 (-6.29%)
Premium Textile / Oct 4 Premium Textile Mills Limited(PRET)	750 ▲ -49.99 (-6.25%)
AKD Securities / Oct 4 AKD Securities Limited(AKDSL)	25.03 ▲ -1.46 (-5.51%)
Chakwal Spinning / Oct 4 Chakwal Spinning Mills Limited(CWSM)	1.60 ▲ -0.09 (-5.33%)
OLP Modaraba / Oct 4 OLP Modaraba Limited(OLPM)	15.30 ▲ -0.73 (-4.55%)

Stock	Volume
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	30,948,500 ▼ 0.00
Flying Cement / Oct 4 Flying Cement Company Limited(FLYNG)	14,105,500 ▼ 0.00
Hub Power Co. / Oct 4 The Hub Power Company Limited(HUBC)	8,206,286 ▼ 0.00
TPL Properties / Oct 4 TPL Properties Limited(TPLP)	6,550,508 ▼ 0.00
G3 Technologies / Oct 4 G3 Technologies Limited(GTECH)	6,304,000 ▼ 0.00
Agritech Limited / Oct 4 Agritech Limited(AGL)	3,234,500 ▼ 0.00
Cnergyico PK / Oct 4 Cnergyico PK Limited(CNERGY)	2,637,709 ▼ 0.00
TRG Pak Ltd / Oct 4 TRG Pakistan Limited(TRG)	2,410,409 ▼ 0.00
Sui North Gas / Oct 4 Sui Northern Gas Pipelines Limited(SNGP)	2,326,630 ▼ 0.00
Unity Foods Ltd / Oct 4 Unity Foods Limited(UNITY)	2,261,104 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 4	225.53
USD PKR Interbank Buying / Oct 4	225.26
USD to Japanese Yen / Oct 4	144.82
USD to Swiss Franc / Oct 4	0.99
Pound Sterling to USD / Oct 4	1.13
Euro to USD / Oct 4	0.98
UK LIBOR % / Oct 3	3.06

Stock	Volume
S&P 500 / Oct 3	3678.43
India Sensex / Oct 3	56788.81
Tokyo Nikkei / Oct 3	26215.79
Nasdaq / Oct 3	10815.43
Hang Seng / Oct 3	17079.51
FTSE 100 / Oct 3	6908.76
Dow Jones / Oct 3	29490.89
Germany DAX 30 / Oct 3	12209.48
France CAC40 / Oct 3	5794.15

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 3	19235
Gold 10 Grams PKR / Oct 3	125429
Cotton US¢/pound / Oct 3	84.20
Crude Oil USD/Barrel / Oct 4	83.87
Gold Spot USD/Ounce / Oct 4	1698.30

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