Topic

Tax Laws

FBR issues notifications for ‘independent case scrutiny panels’

Published 29 Jul, 2026 05:14am

ISLAMABAD: Federal Board of Revenue (FBR) has issued four notifications for creation of the “Independent Case...

Special tax procedure - back to square one—II

Updated 23 Jul, 2026 06:50am

Illustration A A tyre manufacturer produces tyres worth Rs 5 billion where the margin of profit is say 25 percent....

Updated tax laws omit footnotes on replaced legal provisions

Published 20 Jul, 2026 05:50am

ISLAMABAD: The updated Sales Tax Act, 1990 and Federal Excise Act, 2005 has not mentioned brief explanatory...

PRA accelerates business registration

Published 18 Jul, 2026 05:03am

LAHORE: The Punjab Revenue Authority (PRA) has accelerated implementation of its province-wide business registration...

NA body approves key safeguards

Published 22 Jun, 2026 05:36am

ISLAMABAD: The National Assembly Standing Committee on Finance approved a number of key amendments including...

PRA seals 14 business premises

Published 16 Jun, 2026 04:12am

LAHORE: In enforcement operations against tax evasion and non-compliance across the province, the Punjab Revenue...

FBR: taxing views, not incomes!

Updated 04 Apr, 2026 08:24am

“When tax policy begins to target hypothetical income, it stops being taxation and starts becoming confiscation”....

PRA registration made mandatory for food businesses

Published 17 Mar, 2026 05:57am

LAHORE: The Punjab Revenue Authority (PRA) has made it mandatory for food businesses to obtain registration with the...

FCC upholds parliament’s authority to pass tax laws with retrospective, prospective effects

Published 28 Jan, 2026 05:34am

ISLAMABAD: In a landmark ruling, the Federal Constitutional Court (FCC) on Tuesday upheld the Super Tax under...

FBR seeks new measures for increasing tax on affluent classes

Published 13 Jan, 2026 06:32am

ISLAMABAD: The Federal Board of Revenue (FBR) has asked the business community to suggest new taxation measures for...

President issues another ruling against FTO

Updated 10 Jan, 2026 09:01am

ISLAMABAD: President Asif Ali Zardari Friday issued another ruling against the Federal Tax Ombudsman (FTO) that the...

FTO cannot assume the role of revenue maximiser or taxation policymaker: President

Published 09 Jan, 2026 05:41am

ISLAMABAD: President Asif Ali Zardari has categorically declared that the Federal Tax Ombudsman (FTO) cannot assume...

TPO session on budget proposals: Business community highlights anomalies in taxation system

Published 08 Jan, 2026 06:20am

PESHAWAR: Business community pointed out several anomalies in the existing taxation system, stating that...

Asian Development Bank tells Pakistan how to tap fintech potential

Updated 06 Jan, 2026 07:17am

Says country can leverage fintech to expand financial inclusion and drive economic growth, but only if fiscal bottlenecks are addressed

IHC rules all tax reference pleas to be sent to ATIR as pending appeals

Updated 15 Nov, 2025 09:27am

ISLAMABAD: The Islamabad High Court (IHC) has held that all tax reference applications filed directly before it...

Tax irregularities: PRA seizes records of restaurants, cafés

Published 07 Nov, 2025 06:27am

LAHORE: The Punjab Revenue Authority (PRA) has seized the business records of several restaurants and cafés across...

Back to tax basics

Published 15 Sep, 2025 07:10am

No matter how simple taxation laws are enacted in the beginning but they tend to turn into a cobweb of complexities...

Definition of ‘Tax fraud’ & procedure for ‘arrest’: There will be no amendment in Act: MoS

Updated 25 Jul, 2025 09:11am

ISLAMABAD: Minister of State for Finance, Bilal Azhar Kayani Thursday said the government will not amend Finance Act...

Strike call over tax measures

Published 16 Jul, 2025 05:47am

EDITORIAL: The nationwide strike call by the country’s major chambers of commerce for July 19, in protest against...

Trade bodies urge PM to abolish all ‘black laws’

Published 15 Jul, 2025 07:09am

KARACHI: Leaders of trade bodies have urged the Prime Minister Shehbaz Sharif to abolish all black laws like Section...

SC rules coercive tax recovery not allowed without due notice

Updated 15 Jul, 2025 09:27am

ISLAMABAD: The Supreme Court held that Section 140 of the Tax Ordinance, 2001 does not permit immediate coercive...

Tax, financial matters: CPs to be decided by HC Div benches: NJPMC

Updated 12 Jul, 2025 09:22am

ISLAMABAD: The National Judicial (Policy Making) Committee (NJPMC) decided that all constitutional petitions...

ST, duty exemptions on imported cotton, yarn being withdrawn, Aurangzeb tells NA

Updated 24 Jun, 2025 11:18am

ISLAMABAD: Finance Minister Muhammad Aurangzeb informed the National Assembly on Monday that the government has...

FBR chief urges Senate body to abolish 7th Schedule of ITO, bring banks into normal tax regime applicable to companies

Updated 20 Jun, 2025 09:39am

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial, Thursday, strongly recommended Senate...

Tax laws: PM directs formation of arrest powers review panel

Updated 17 Jun, 2025 09:40am

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed the formation of a special committee to review the...

IHC tax bench’s order: All SOE references be routed thru ADRC

Updated 03 Jun, 2025 09:06am

ISLAMABAD: The special tax division bench of the Islamabad High Court has ordered that all tax references filed by...

Tax ordinance will be reviewed, SAPM tells FPCCI

Updated 24 May, 2025 10:57am

KARACHI: Haroon Akhtar Khan, Special Assistant to Prime Minister (SAPM) for Industries & Production, has assured...

NA panel defers Income Tax (Second Amendment) Bill, 2025

Updated 23 May, 2025 09:23am

ISLAMABAD: The Standing Committee on Finance on Thursday deferred “The Income Tax (Second Amendment) Bill, 2025” — a...

Construction sector: builders, developers call for 15-year tax policy

Published 22 May, 2025 09:14pm

The Association of Builders and Developers of Pakistan (ABAD) has called for a long-term 15-year tax policy for the...

FBR endorses viewpoint of Senate panel: Undue taxation relocating businesses to Dubai

Updated 22 May, 2025 09:00am

ISLAMABAD: The Federal Board of Revenue (FBR) on Wednesday endorsed the viewpoint of Senate Standing Committee on...

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BR30
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KSE30
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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

Tax Laws

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