Topic

Tax credit

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 / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Petrol/Litre / Sep 30	387.54
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Diesel/Litre / Sep 30	402.24
Cotton US¢/pound / Sep 30	79.18

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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