Topic

Tax credit

FBR imposes new conditions on units seeking tax credit

Published 08 Oct, 2026 05:42am

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday imposed new conditions and restrictions on units intended...

FCC allows super tax adjustment against tax credit

Updated 18 Aug, 2026 09:19am

ISLAMABAD: The Federal Constitutional Court (FCC) has held that income tax in general, and super tax in particular,...

E-resources: Tax credit equal to 10pc of investment introduced

Updated 13 Jun, 2026 09:18am

ISLAMABAD: Finance Bill 2026 has introduced a tax credit equal to 10 percent of investment made in electronic...

EFS ends: Exporters now to pay regular income tax: IMF

Updated 12 Oct, 2024 09:50pm

ISLAMABAD: Exporters will be brought into the regular income tax regime, Exporters Facilitation Scheme terminated,...

10pc tax credit allowed by SC to persons who imported, installed machinery till June 2019

Updated 19 Sep, 2024 09:25am

ISLAMABAD: The Supreme Court of Pakistan (SC) has allowed 10 percent tax credit to the persons who have imported and...

SC asks whether or not govt can promise tax credit and then take it away retrospectively?

Updated 08 Jul, 2024 09:03am

ISLAMABAD: The Supreme Court was asked to decide whether the government can first encourage businesses to make fresh...

Tax credit regime for NPOs massively misused: FTO

Published 05 Dec, 2023 03:01am

ISLAMABAD: The Federal Board of Revenue’s tax credit regime for Non-Profit Organisations (NPOs) has been massively...

Rectification of tax credit : FTO seeks clarification from FBR

Updated 14 May, 2022 09:48am

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue a clarification...

Amnesty scheme: FBR empowers Commissioner IR to re-compute tax

Updated 07 Mar, 2022 09:59am

ISLAMABAD: The government has empowered the Commissioner Inland Revenue to re-compute the tax payable by the...

The Income Tax Amendment Ordinance 2022: govt’s plan to promote industries

Published 04 Mar, 2022 04:37am

[These notes have been prepared on the basis of draft of the law as provided by Super Law Updates] General A...

Denial of 60pc input tax credit: Non-issuance of STGOs costs FBR dearly

Updated 29 Jan, 2022 09:41am

ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a huge revenue loss to the tune of billions for not ...

FBR to start disbursing refunds by end of 2nd quarter

Published 07 Dec, 2021 06:29am

LAHORE: The Federal Board of Revenue (FBR) will start disbursing income tax refunds of Rs100 million and below for...

Canada says proposed US EV tax credit could harm sector, mulls possible challenge

Published 25 Oct, 2021 05:35am

WASHINGTON/OTTAWA: Canada said on Friday that US proposals to create new electric vehicle tax credits for...

1,136 big retailers required to be integrated with POS system by 10th

Updated 06 Oct, 2021 09:46am

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 1,136 big retailers (Tier-1), which are required...

AOPs/companies asked to pay advance income tax by 25th

Published 22 Sep, 2021 03:48am

LAHORE: The Federal Board of Revenue (FBR) has sought all the Association of Persons (AOPs) or a company to pay ...

Carry forward-based: LTUs, RTOs directed to process non-export refunds

Updated 12 Sep, 2021 12:54pm

ISLAMABAD: The Federal Board of Revenue (FBR) has issued instructions to the Large Taxpayer Units (LTUs) and ...

Persons registered in AJK, GB: FBR to allow input tax credit against e-data of supplies

Published 25 Aug, 2021 04:43am

ISLAMABAD: The Federal Board of Revenue (FBR) will allow input tax credit against electronic data of supplies by the...

Manufacturing units, industrial undertakings: FBR initiates probe into wrongly claimed tax credit

Updated 21 Aug, 2021 03:47pm

ISLAMABAD: The Federal Board of Revenue (FBR) has started an investigation against the manufacturing units and...

Non-integration by 15th: 6,763 retailers will be denied 60pc input tax credit

Published 04 Aug, 2021 04:06am

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 6,763 big retailers (Tier-1), which are not...

FBR urged to follow tax-base broadening timelines

Published 13 Jul, 2021 02:48am

ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed Finance Minister Shaukat Tarin on the operational...

The Tax Laws (Second Amendment) Ordinance, 2021

Updated 07 Apr, 2021 09:51am

EXECUTIVE SUMMARY Following are the key changes made through the Amendment Ordinance:

Tax exemptions - mixed signals

Published 14 Mar, 2021 04:13am

A money bill (amendments in Income Tax Ordinance) is making rounds over social media. Initially-proposed by the...

How will govt Income Tax (Amendment) Bill 2021 impact industry?

Published 13 Mar, 2021 01:52pm

Regarding the removal of tax exemption on the sale of immovable property to REITs, the report was of the view that this will not impact listed REITs.
However, this may have a negative impact on potential REIT listings.

Corporate income tax exemptions: Withdrawal causes Rs10bn revenue impact

Updated 12 Mar, 2021 10:07am

ISLAMABAD: The withdrawal of corporate income tax exemptions available to the industrial undertakings under section...

What's in the $900 billion US COVID-19 aid package?

Published 21 Dec, 2020 09:03am

Minority-owned businesses: $12 billion for minority owned and very small businesses that struggled to access earlier Payroll Protection Program financing.

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 16	330
Diesel/Litre / Nov 16	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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