Topic

tax evasion

Video monitoring systems at mills: APTMA rejects FBR’s proposal

Updated 20 Jun, 2026 09:27am

LAHORE: The All Pakistan Textile Mills Association (APTMA) on Friday rejected the Federal Board of Revenue’s (FBR)...

Production data: Parallel monitoring systems resulting in duplication

Published 09 Jun, 2026 04:58am

ISLAMABAD: The Federal Board of Revenue’s production monitoring system is being implemented alongside the already...

PM urged to scrap proposed fixed tax on retailers

Published 03 Jun, 2026 02:34am

LAHORE: The Chairman of the Supreme Council of All Pakistan Anjuman Tajran, Muhammad Naeem Mir, has called on Prime...

Steel melters for abolishing WHT on local scrap purchases

Published 02 Jun, 2026 04:58am

LAHORE: The Pakistan Steel Melters Association (PSMA) has urged the government to abolish withholding tax on local...

Illegal tobacco industry: ‘Firm, action against tax evasion must for protecting revenue base’

Published 22 May, 2026 06:55am

ISLAMABAD: Mubashir Akram, Country Director, ACT Alliance Pakistan, has appreciated the Government of Pakistan,...

FTO dismisses Rs70m tax evasion complaints, rejects frivolous cases

Published 05 May, 2026 06:01am

ISLAMABAD: A complaint involving alleged tax evasion of over Rs 70 million and the suspension of a sales tax...

PRA tightens crackdown against tax evasion

Published 23 Apr, 2026 02:22am

LAHORE: The Punjab Revenue Authority (PRA) has intensified its enforcement drive against tax evasion, delayed...

The essentials of crypto taxation

Published 03 Apr, 2026 06:08am

The global financial system is undergoing a structural transformation driven by the rapid rise of crypto assets,...

PRA seals farmhouse, fines outlets for tax evasion

Published 31 Mar, 2026 05:24am

LAHORE: The Punjab Revenue Authority (PRA), during enforcement operations in various areas of the provincial...

PRA to launch campaign against tax evasion

Published 13 Mar, 2026 09:17am

LAHORE: The Punjab Revenue Authority (PRA) has decided to launch a public awareness campaign across province aimed...

Tax evasion intolerable, says FBR chief

Updated 01 Mar, 2026 11:16am

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has categorically conveyed to the...

‘Shadow economy’ primary hurdle for economic recovery

Updated 18 Jan, 2026 08:19am

Real estate sector alone accounts for approximately Rs500 billion in annual tax losses
Because these sectors operate largely outside documented net, fiscal pressure is unfairly shifted onto small pool of compliant taxpayers, says one analyst

FBR seals two chutes of Chanar Sugar Mill

Published 07 Jan, 2026 07:50am

KARACHI: Pursuing its zero-tolerance policy against tax evasion in the sugar sector, the Federal Board of Revenue...

Tax evasion involving actress unearthed

Published 30 Dec, 2025 07:07am

ISLAMABAD: The Lifestyle Monitoring Cell of the Federal Board of Revenue (FBR) has detected tax evasion, involving a...

FBR seals two sugar mills on agency’s report

Published 30 Dec, 2025 05:48am

ISLAMABAD: Following a report of an intelligence agency, the Federal Board of Revenue (FBR) has sealed two sugar...

FBR seals two sugar mills in central Punjab over tax violations

Published 29 Dec, 2025 08:53pm

Bureau says action taken over breaches of Section 40C of the Sales Tax Act, 1990

IR, Customs officers: FTO’s key recommendation remains unimplemented

Published 24 Dec, 2025 06:21am

ISLAMABAD: A key recommendation issued by the Federal Tax Ombudsman (FTO) against Inland Revenue and Customs...

‘The G-20 summit sans America’

Published 07 Dec, 2025 02:38am

This is apropos three letters to the Editor from this writer carried by the newspaper on Thursday, Friday and...

Customs foils Rs167m tax evasion bid

Published 04 Dec, 2025 06:04am

KARACHI: The Federal Board of Revenue (FBR) has claimed that the Collectorate of Customs, Enforcement Karachi...

Roadmap to raise tax-to-GDP ratio evolved: FBR chief

Published 28 Nov, 2025 06:17am

ISLAMABAD: Federal Board of Revenue Chairman Rashid Mehmood Langrial Thursday said the government has evolved a...

The dangerous rise of distrust

Updated 26 Nov, 2025 07:10am

Scepticism. Cynicism. False. Fake. Put on. Lip service. These are words that were viral on the social media. People...

Beauty clinics: PRA intensifies crackdown on tax evasion

Published 24 Nov, 2025 04:59am

LAHORE: Beauty clinics in Punjab, particularly in major cities like Lahore and Karachi, have been generating crores...

PM calls for sharper focus on tax evasion

Updated 16 Nov, 2025 09:57pm

Notes that efforts to modernise FBR and enhance transparency in tax administration yielding encouraging results

Prominent food chain ‘found involved’ in tax evasion

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 8	278.27
USD PKR Interbank Buying / Jul 8	278.07
USD to Japanese Yen / Jul 9	162.43
USD to Swiss Franc / Jul 9	0.81
Pound Sterling to USD / Jul 9	1.34
Euro to USD / Jul 9	1.14
SOFR % / Jul 8	3.64

Stock	Volume
S&P 500 / Jul 8	7,482.71
Nasdaq / Jul 8	25,870.65
FTSE 100 / Jul 8	10,489.04
Dow Jones / Jul 8	52,348.39
Germany DAX 30 / Jul 8	24,897.45
France CAC40 / Jul 8	8,252.66
India Sensex / Jul 9	76,957.90
Tokyo Nikkei / Jul 9	67,910.01
Hang Seng / Jul 9	24,037.16

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 8	18,080
Gold 10 Grams PKR / Jul 8	368,858
Petrol/Litre / Jul 9	297.53
Crude Oil USD/Barrel / Jul 9	74.37
Gold Spot USD/Ounce / Jul 9	4,065.81
Diesel/Litre / Jul 9	309.50
Cotton US¢/pound / Jul 9	79.61

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 9 Dadabhoy Cement Industries Limited(DBCI)	9.55 ▲ 1 (11.7%)
S.G.Power / Jul 9 S.G. Power Limited(SGPL)	104.56 ▲ 9.51 (10.01%)
AN Textile Mills / Jul 9 AN Textile Mills Limited(ANTM)	66.13 ▲ 6.01 (10%)
Baba Farid Sugar / Jul 9 Baba Farid Sugar Mills Limited(BAFS)	431.37 ▲ 39.22 (10%)
Fateh Sports / Jul 9 Fateh Sports Wear Limited(FSWL)	262.42 ▲ 23.86 (10%)
GOC (Pak) / Jul 9 GOC (Pak) Limited.(GOC)	139.14 ▲ 12.65 (10%)
Service Textile / Jul 9 Service Industries Textiles Limited(SERT)	52.46 ▲ 4.77 (10%)
Olympia Mills / Jul 9 Olympia Mills Limited(OML)	64.61 ▲ 5.87 (9.99%)
Next Capital / Jul 9 Next Capital Limited(NEXT)	19.07 ▲ 1.73 (9.98%)
Premier Insurance / Jul 9 Premier Insurance Limited(PINL)	13.99 ▲ 1.27 (9.98%)

Stock	Price
Din Tex. / Jul 9 Din Textile Mills Limited(DINT)	68 ▼ -7.5 (-9.93%)
Crescent Fib. / Jul 9 Crescent Fibres Limited(CFL)	56.61 ▼ -5.84 (-9.35%)
Pak. P.V.C. / Jul 9 Pakistan PVC Limited(PPVC)	27.51 ▼ -2.81 (-9.27%)
AL-Abbas Sugar / Jul 9 Al-Abbas Sugar Mills Limited(AABS)	820.15 ▼ -78.12 (-8.7%)
National Silk / Jul 9 The National Silk & Rayon Mills Limited(NSRM)	170.50 ▼ -14.76 (-7.97%)
Al-Khair Gadoon / Jul 9 Al-Khair Gadoon Limited(AKGL)	49.01 ▼ -4.07 (-7.67%)
Dewan Farooque Sp. / Jul 9 Dewan Farooque Spinning Mills Limited(DFSM)	24.60 ▼ -2.02 (-7.59%)
Gulshan Sp. / Jul 9 Gulshan Spinning Mills Limited(GSPM)	6.63 ▼ -0.5 (-7.01%)
JS Investments / Jul 9 JS Investments Limited(JSIL)	44.10 ▼ -3.3 (-6.96%)
Frontier Ceramics / Jul 9 Frontier Ceramics Limited(FRCL)	105 ▼ -7.71 (-6.84%)

Stock	Volume
Cnergyico PK / Jul 9 Cnergyico PK Limited(CNERGY)	39,804,421 ▲ 0.33
Pace (Pak) Ltd. / Jul 9 Pace (Pakistan) Limited(PACE)	18,373,174 ▲ 0.15
K-Electric Ltd. / Jul 9 K-Electric Limited(KEL)	13,713,577 ▲ 0.01
B.O.Punjab / Jul 9 The Bank of Punjab(BOP)	10,829,674 ▼ -0.19
LSE Capital / Jul 9 LSE Capital Limited(LSECL)	8,448,455 ▲ 0.01
WorldCall Telecom / Jul 9 Worldcall Telecom Limited(WTL)	7,737,904 ▼ -0.01
Pak Refinery / Jul 9 Pakistan Refinery Limited(PRL)	6,999,049 ▲ 0.69
Dewan Farooque Sp. / Jul 9 Dewan Farooque Spinning Mills Limited(DFSM)	6,421,678 ▼ -2.02
Pak Elektron / Jul 9 Pak Elektron Limited(PAEL)	4,326,839 ▼ -0.53
Maple Leaf Cement / Jul 9 Maple Leaf Cement Factory Limited(MLCF)	3,358,364 ▼ -0.55

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