Topic

Tax Laws

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...

‘Tax Law Ordinance can negatively impact businessmen’

Published 15 May, 2025 05:42am

KARACHI: Chairman of the Businessmen Panel (BMP) and former FPCCI president Mian Anjum Nisar stated that the ...

Tax laws termed ‘death warrants for industries’

Published 14 May, 2025 05:56am

KARACHI: Industrialists categorically rejected the recently introduced Tax Laws (Amendment) Ordinance, 2025,...

BMP says new Tax Ordinance could stifle investment growth

Published 12 May, 2025 05:51am

LAHORE: The Businessmen Panel (BMP) of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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