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tax exemptions

Tax exemptions cost govt over Rs1.757trn

ISLAMABAD: The total tax exemptions, concessions and special tax treatments to various businesses,...

Updated 10 Jun, 2022 09:22am

PESCO seeks help against imposition of property tax

ISLAMABAD: Peshawar Electric Supply Company (PESCO) has sought help from Power Division against imposition of...

Updated 08 Jun, 2022 10:05am

Business & Finance

‘Misuse’ of tax exemptions by industries in FATA/PATA: LCCI urges govt to take urgent steps

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has expressed deep concern over misuse of tax ...

Published 23 Feb, 2022 04:54am

$6bn EFF: 6th review to be high on IMF board’s agenda for today’s meeting

ISLAMABAD: The International Monetary Fund’s Executive Board will take the sixth review of the $6 billion Extended...

Updated 02 Feb, 2022 10:44am

Business & Finance

Expert speaks about criticality of industrial growth

KARACHI: Industry set up in Pakistan, especially in Karachi, has become almost impossible because of exorbitant land...

Published 29 Jan, 2022 06:05am

IPPs: PPIB irked by withdrawal of tax exemptions

ISLAMABAD: Private Power and Infrastructure Board (PPIB) is reportedly unhappy at the government’s decision...

Updated 29 Jan, 2022 09:40am

Business & Finance

Import of solar panels, other items: govt urged to restore tax exemptions

KARACHI: The federal government has removed tax exemptions on the import of solar panels and its products in the...

Published 26 Jan, 2022 04:41am

Business & Finance

LCCI chief says withdrawal of tax exemptions will add to economic woes

LAHORE: President of the Lahore Chamber of Commerce & Industry Mian Nauman Kabir while expressing concern on the...

Published 12 Jan, 2022 04:25am

Tax exemptions: Two AJK hydropower projects concerned at proposed withdrawal

ISLAMABAD: Two hydropower projects of cumulative capacity of 1824.7MW being established in Azad Jammu and Kashmir...

Updated 10 Jan, 2022 09:26am

Opinion

Memorandum on the Finance (Supplementary) Bill, 2021

BACKGROUND AND HIGHLIGHTS OF THE FINANCE (SUPPLEMENTARY) BILL, 2021 The Government claims to have presented the...

Published 06 Jan, 2022 04:13am

Pakistan

Tarin rejects opposition's claims, says 'mini-budget' will not hike inflation

Says Pakistan’s sovereignty will not be compromised due to the State Bank of Pakistan autonomy bill

Published 30 Dec, 2021 08:02pm

Editorials

Ending tax exemptions

EDITORIAL: The pledge made repeatedly by the Advisor to the Prime Minister on Finance Shaukat Tarin subsequent to ...

Published 14 Dec, 2021 06:40am

Tax exemptions to go: Tarin

KARACHI: Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin Friday said the government will not...

Updated 27 Nov, 2021 12:32pm

International Sukuk issuance: FBR grants tax exemptions

ISLAMABAD: The Federal Board of Revenue (FBR) has granted tax exemptions in respect of International Sukuk Issuance...

Updated 13 Nov, 2021 09:40am

BR Research

IMF review: balancing act?

The IMF review is in the final stage. Yet not everything is final. There is nothing new or out of the blue which is...

Published 08 Nov, 2021 07:25am

BR Research

Can STZA fly?

The current government’s experiment to attract FDI specifically in technology sectors (with an eye on boosting...

Published 05 Oct, 2021 07:35am

Economic Survey 2020-21: Tax exemptions, concessions cause massive govt loss

ISLAMABAD: The total tax exemptions and concessions to various businesses, sectors/industries, lobbies/ groups and...

Published 11 Jun, 2021 03:41am

Business

Tax exemption violation in erstwhile FATA: Senate chairman seeks report from FBR, ministries

ISLAMABAD: Chairman Senate Sadiq Sanjrani Tuesday sought a report from Federal Board of Revenue (FBR) and ministries...

Published 21 Apr, 2021 03:21am

Business

Oman to boost VAT exemptions, hike subsidies

DUBAI: Oman plans to widen exemptions to a value-added tax (VAT) it will introduce this month and increase certain...

Published 09 Apr, 2021 04:51am

Business & Finance

Withdrawal of tax exemptions to take toll on trade & industry, say experts

The government has withdrawn a wide range of income tax exemptions to the emerging sectors and industries including IT sector; exemption on profit and gains derived by LNG terminal operators and terminal owners and exemption available to the Pakistan Mortgage Refinance Company under the Tax Laws (Second Amendment) Ordinance, 2021.

Published 05 Apr, 2021 01:38pm

Business & Finance

Govt decides to end Rs 140bn tax exemptions with upcoming ordinance

As per details, the federal government will bring in an ordinance to meet the IMF requirement, which will eliminate income tax exemption of up to Rs 140 billion for various sectors.

Published 20 Mar, 2021 11:19am

Business & Finance

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

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.

Published 13 Mar, 2021 01:52pm

Movement of goods from tax exempt areas to taxable areas: Persons required to get registered under ST Act

ISLAMABAD: Persons bringing taxable goods from tax exempt areas of Azad Jammu and Kashmir, Gilgit-Baltistan and...

Published 03 Feb, 2021 04:35am

Gwadar Tax Free Zone Rules 2021 issued

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday issued Gwadar Tax Free Zone Rules, 2021, explaining the tax...

Published 21 Jan, 2021 04:23am

Gainers
Losers
Leaders

Stock	Price
Agritech Limited / Jun 30 Agritech Limited(AGL)	6.65 ▲ 1.00 (17.70%)
Kohinoor Power / Jun 30 Kohinoor Power Company Limited(KOHP)	4.05 ▲ 0.57 (16.38%)
Unicap Modaraba / Jun 30 Unicap Modaraba(UCAPM)	1.90 ▲ 0.24 (14.46%)
First Tri-Star Mod. / Jun 30 First Tri-Star Modaraba(FTSM)	8.00 ▲ 1.00 (14.29%)
Bawany Air Products / Jun 30 Bawany Air Products Limited(BAPL)	9.50 ▲ 1.00 (11.76%)
Int. Knit. / Jun 30 International Knitwear Limited(INKL)	10.00 ▲ 1.00 (11.11%)
786 Invest Ltd / Jun 30 786 Investments Limited(786)	5.33 ▲ 0.51 (10.58%)
Shaheen Ins. / Jun 30 Shaheen Insurance Company Limited(SHNI)	3.40 ▲ 0.28 (8.97%)
First AL-Noor Mod. / Jun 30 First Al-Noor Modaraba(FANM)	3.50 ▲ 0.27 (8.36%)
Allawasaya Tex / Jun 30 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1419.00 ▲ 99.00 (7.50%)

Stock	Price
Elite Cap.Mod / Jun 30 First Elite Capital Modaraba(FECM)	2.70 ▲ -0.30 (-10.00%)
Jubilee Spinning / Jun 30 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	3.01 ▲ -0.29 (-8.79%)
Dewan Sugar / Jun 30 Dewan Sugar Mills Limited(DWSM)	2.19 ▲ -0.20 (-8.37%)
Imperial Limited / Jun 30 Imperial Limited(IML)	11.00 ▲ -1.00 (-8.33%)
Orient Rental / Jun 30 Orient Rental Mod(ORM)	7.35 ▲ -0.63 (-7.89%)
Olympia Mills / Jun 30 Olympia Mills Limited(OML)	16.65 ▲ -1.35 (-7.50%)
Baba Farid / Jun 30 Baba Farid Sugar Mills Limited(BAFS)	44.50 ▲ -3.60 (-7.48%)
Shams Textile / Jun 30 Shams Textile Mills Limited(STML)	45.24 ▲ -3.66 (-7.48%)
TPL Insurance / Jun 30 TPL Insurance Limited(TPLI)	30.00 ▲ -2.42 (-7.46%)
Thal Ind.Corp. / Jun 30 Thal Industries Corporation Limited(TICL)	250.01 ▲ -19.99 (-7.40%)

Stock	Volume
K-Electric Ltd. / Jun 30 K-Electric Limited(KEL)	14,286,500 ▼ 0.00
Agritech Limited / Jun 30 Agritech Limited(AGL)	13,786,000 ▼ 0.00
Pak Refinery / Jun 30 Pakistan Refinery Limited(PRL)	7,786,865 ▼ 0.00
WorldCall Telecom / Jun 30 Worldcall Telecom Limited(WTL)	7,629,000 ▼ 0.00
Pak Elektron / Jun 30 Pak Elektron Limited(PAEL)	6,917,000 ▼ 0.00
TPL Properties / Jun 30 TPL Properties Limited(TPLP)	5,999,049 ▼ 0.00
Pak Petroleum / Jun 30 Pakistan Petroleum Limited(PPL)	5,868,234 ▼ 0.00
Cnergyico PK / Jun 30 Cnergyico PK Limited(CNERGY)	5,777,607 ▼ 0.00
D.G.K.Cement / Jun 30 D.G. Khan Cement Company Limited(DGKC)	4,893,472 ▼ 0.00
Oil & Gas Dev. / Jun 30 Oil & Gas Development Company Limited(OGDC)	4,267,985 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 29	205.50
USD PKR Interbank Buying / Jun 29	205.30
USD to Japanese Yen / Jun 29	136.63
USD to Swiss Franc / Jun 29	0.95
Pound Sterling to USD / Jun 29	1.21
Euro to USD / Jun 29	1.05
UK LIBOR % / Jun 29	1.57

Stock	Volume
S&P 500 / Jun 29	3818.83
India Sensex / Jun 29	53026.97
Tokyo Nikkei / Jun 29	26536.82
Nasdaq / Jun 29	11177.89
Hang Seng / Jun 29	22058.97
FTSE 100 / Jun 29	7312.32
Dow Jones / Jun 29	31029.31
Germany DAX 30 / Jun 29	13003.35
France CAC40 / Jun 29	6031.48

Item	Value
Crude Oil USD/Barrel / Jun 29	110.28
Karachi Cotton PKR/37.32 KG / Jun 29	18480.00
Gold 10 Grams PKR / Jun 29	121700.00
Gold Spot USD/Ounce / Jun 29	1820.88
Cotton US¢/pound / Jun 29	96.60

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