Topic

tax frauds

Tax frauds and smuggling gangs: FTO seeks action against FBR officers

Updated 18 Aug, 2025 09:03am

ISLAMABAD: A key recommendation of the Federal Tax Ombudsman (FTO) remained unimplemented by the Inland Revenue and...

Probe before any arrest: FBR wing legally bound to consult business reps

Updated 07 Aug, 2025 09:26am

ISLAMABAD: Fulfilling a major demand of the business community, the Federal Board of Revenue (FBR) Member (Inland...

Complaints of tax frauds: Businessmen laud formation of grievance-redressal bodies

Published 04 Aug, 2025 05:45am

ISLAMABAD: Business community has appreciated the constitution of Grievance Redressal Committees to first ...

Arrests for tax frauds: FPCCI urges govt to defer FBR’s new powers

Published 12 Jul, 2025 05:49am

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industries (FPCCI), Friday, asked the government to...

Online payment intermediaries: Penalties revised for tax fraud, non-filing

Updated 26 Jun, 2025 09:17am

ISLAMABAD: The amended Finance Bill (2025-26) has revised penalty regime for committing tax fraud and non-filing of...

FBR redrafts Sec 37A: Amended Finance Bill sets conditions for tax fraud arrests

Updated 25 Jun, 2025 08:51am

ISLAMABAD: The amended Finance Bill (2025-26) has bound Federal Board of Revenue (FBR) to constitute a three-member...

Arrest for tax fraud: Senate panel for defining a threshold

Updated 16 Jun, 2025 09:27am

ISLAMABAD: The Senate Standing Committee on Finance and Revenue on Sunday rejected a controversial proposal by the...

Tax frauds: FBR introduces major changes in tax laws

Published 11 Jun, 2025 06:04am

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced major changes in tax laws to check tax frauds with...

Countering sales tax frauds

Updated 15 Nov, 2024 08:11am

Globally, tax crimes have always been a significant threat to economic stability and governance. These offences that...

Over Rs16bn revenue loss prevented by busting gangs of cyber criminals using foreign IPs/VPN/proxy servers

Published 09 Nov, 2024 07:18am

ISLAMABAD: Directorate General of Intelligence and Investigation-Inland Revenue (IR) has prevented revenue loss of...

Non-filers, CFOs of wealthy units: Pay taxes, avoid input adjustment misuse, says Aurangzeb

Updated 11 Oct, 2024 09:17am

ISLAMABAD: The government has warned non-filers and Chief Financial Officers (CFOs) of wealthy manufacturing units...

Gang exploits dormant taxpayer identities to commit Rs81bn fraud

Updated 08 Oct, 2024 02:38pm

KARACHI: A cybercrime gang, allegedly facilitated by current and former PRAL and FBR officials, has exploited...

KP to reward tax fraud identifiers with cash

Updated 16 Sep, 2024 03:24pm

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has announced that it will offer cash rewards to individuals who...

President endorses FTO’s order against fake sales tax invoices

Updated 26 Aug, 2024 08:55am

ISLAMABAD: President Asif Ali Zardari has endorsed the Federal Tax Ombudsman’s (FTO) directions against the Federal...

Tax fraudsters to face jail

Updated 29 Jun, 2024 02:21pm

ISLAMABAD: Persons involved in tax frauds would face imprisonment up to five years (tax evaded amount less than Rs 1...

Case of getting inadmissible tax refunds: ATIR turns down rectification plea filed by Chinese firm

Updated 18 Dec, 2023 09:14am

ISLAMABAD: The Full Bench of the Appellate Tribunal Inland Revenue (ATIR) has imposed costs and dismissed...

I&I-IR detects illegal adjustments of Rs70bn input tax

Updated 15 Oct, 2023 09:37am

ISLAMABAD: The Directorate General Intelligence and Investigation Inland Revenue (I&I-IR)’s national...

Domestic collection improvement: FBR presents strategy to Shamshad

Updated 13 Sep, 2023 08:53am

ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, presented a plan before the Ministry of Finance to improve...

FBR needs to work harder to help country sustain its ‘off grey list’ status

Updated 08 May, 2023 09:03am

ISLAMABAD: The Federal Board of Revenue (FBR) is required to enhance its efforts to effectively deal with the cases...

ST dept accused of violating limitation period with FBR’s approval

Published 16 Feb, 2023 06:08am

LAHORE: The sales tax department is violating the limitation period of five years for issuing show cause notices to...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.42 ▲ 0.99 (13.32%)
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
Shahzad Tex. / Jun 4 Shahzad Textile Mills Limited(SZTM)	74.89 ▲ 6.51 (9.52%)
Jubilee Spinning / Jun 4 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	55.80 ▲ 3.85 (7.41%)
Din Tex. / Jun 4 Din Textile Mills Limited(DINT)	56.49 ▲ 3.84 (7.29%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	70.70 ▲ 4.68 (7.09%)
AKD Securities / Jun 4 AKD Securities Limited(AKDSL)	37.70 ▲ 2.36 (6.68%)

Stock	Price
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	1,966 ▼ -198.61 (-9.18%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	78 ▼ -4.48 (-5.43%)
Kohinoor Power / Jun 4 Kohinoor Power Company Limited(KOHP)	23.80 ▼ -1.21 (-4.84%)
Data Agro / Jun 4 Data Agro Limited(DAAG)	78.05 ▼ -3.69 (-4.51%)
Sapphire Textile / Jun 4 Sapphire Textile Mills Limited(SAPT)	1,331.01 ▼ -53.73 (-3.88%)
Diamond Ind. / Jun 4 Diamond Industries Limited(DIIL)	69 ▼ -2.48 (-3.47%)
Reliance Ins. / Jun 4 Reliance Insurance Company Limited(RICL)	11.30 ▼ -0.38 (-3.25%)
Intermarket Securities / Jun 4 Intermarket Securities Limited(IMS)	15.40 ▼ -0.51 (-3.21%)
Mandviwala / Jun 4 Mandviwala Mauser Plastic Industries(MWMP)	68.50 ▼ -2.22 (-3.14%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	23,927,448 ▲ 0.26
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	6,018,201 ▲ 0.22
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	5,386,208 ▲ 1.57
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	4,741,619 ▲ 0.34
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	4,494,370 ▲ 0.58
Telecard Limited / Jun 4 Telecard Limited(TELE)	3,658,442 ▲ 0.35
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	3,041,164 ▲ 0.24
TPL Corp Ltd / Jun 4 TPL Corp Limited(TPL)	2,876,012 ▲ 0.21
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	2,476,776 ▲ 0.85
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	2,184,922 ▲ 0.17

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