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tax officials

PPA opposes ‘draconian powers’ to tax officials

ISLAMABAD: Pakistan Poultry Association (PPA) has expressed serious concern that tax authorities are being given...

Published 20 Jun, 2025 07:13am

Business & Finance

Tax officials’ new powers: FPCCI mulling moving the court

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has unequivocally rejected the new...

Updated 20 Jun, 2025 07:02am

Pakistan govt unveils revised tax fraud punishment procedure

ISLAMABAD: Finance Minister Muhammad Aurangzeb, Wednesday, presented revised procedure for penalty, arrest and...

Updated 18 Jun, 2025 08:06am

Budget 2025-26

Arrest for tax fraud: Senate panel for defining a threshold

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

Updated 16 Jun, 2025 09:27am

Business & Finance

Mohmand Chamber opposes unlimited powers for taxmen

PESHAWAR: The President of the Mohmand Chamber of Commerce and Industry, Haji Amir Muhammad Khan Tuesday rejected ...

Published 07 May, 2025 06:06am

Taxation machinery: PM proclaims carrot-and-stick approach

Warns that those who will not work, will be subjected to penalties

Updated 19 Apr, 2025 03:30pm

IRS & PCS officials: Transfer to admin pool not on any directive by PM

ISLAMABAD: The Federal Board of Revenue’s transfer orders (during April 2024) of over a dozen senior officers of the...

Updated 25 Mar, 2025 09:28am

FBR lays down procedure of placing tax officers in ‘admin pool’

ISLAMABAD: The Federal Board of Revenue (FBR) has decided that tax officials currently placed on the “Admin Pool”...

Updated 14 Mar, 2025 08:43am

Business & Finance

Punishment to tax officials modified by FTO office

ISLAMABAD: Federal Tax Ombudsman (FTO) has converted the punishment of disciplinary proceedings against the tax...

Published 03 Feb, 2025 06:41am

FBR tracks tax officials facing NAB proceedings

ISLAMABAD: The Federal Board of Revenue (FBR) is compiling details of tax officials against whom National...

Updated 08 Jan, 2025 09:09am

Business & Finance

FBR’s Transformation Plan: FBR chief shares key features with senior tax officials

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Friday shared key features of FBR’s...

Published 21 Sep, 2024 07:45am

Business & Finance

FBR suspends officials found ‘involved’ in refund scam

ISLAMABAD: The Federal Board of Revenue (FBR) has suspended Commissioner-Inland Revenue (Refunds), Regional Tax...

Published 04 Sep, 2024 07:48am

Choice posting: FBR chairman takes action against officer

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood has taken disciplinary action against a BS-18...

Updated 27 Aug, 2024 08:55am

Lahore refund scam: Probe over, errant taxmen will be punished: FBR

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Wednesday said the FBR has completed inquiry...

Updated 22 Aug, 2024 09:35am

Choice postings: FBR chief issues warning to officials exerting pressure

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood, Tuesday, issued his first administrative...

Updated 21 Aug, 2024 09:33am

CTO actions undermine taxation system’s integrity: ATIR

ISLAMABAD: Appellate Tribunal Inland Revenue Islamabad (ATIR) has declared that actions by the Corporate Tax Office...

Updated 25 Jul, 2024 09:56am

FBR to sideline dozens of its ‘corrupt’ officials

ISLAMABAD: The Federal Board of Revenue (FBR) is likely to place dozens of senior officials, allegedly involved in...

Updated 04 Jul, 2024 08:49am

11,252 SIM cards of non-filers blocked so far

ISLAMABAD: The Federal Board of Revenue (FBR) has so far blocked 11,252 SIMs of non-filers of income tax returns....

Updated 24 May, 2024 09:17am

Business & Finance

Blocking SIM cards of non-filers: JWG constituted to streamline process

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Joint Working Group (JWG) of tax officials and...

Updated 18 May, 2024 08:41am

Business & Finance

Fraudulent sales tax refunds: FTO urges FBR to take on corrupt officials

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to initiate criminal...

Published 29 Jan, 2024 04:37am

Profiles of field formation officials: FBR concerned over delay in updating data

ISLAMABAD: The Federal Board of Revenue (FBR) has expressed serious concern over the delay in updating data of the...

Updated 16 Jan, 2024 08:53am

2023: FTO provides Rs17.74bn relief to taxpayers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has provided a relief of Rs17.74 billion to taxpayers in 2023 as compared...

Updated 11 Jan, 2024 08:52am

FBR takes action against 93 tax personnel

ISLAMABAD: The Federal Board of Revenue (FBR) has taken disciplinary action against 93 tax officials during 2022-23...

Updated 08 Jan, 2024 09:44am

Non-filers of tax returns: FBR to identify bureaucrats, bankers, others

FBR apprehends that many senior government officials in different ministries and departments including police etc are non-filers of income tax returns

Updated 12 Dec, 2023 10:13am

Fake/flying invoices: Taxmen told to conduct probe into cases of big cos

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the tax officials to investigate cases of commercial...

Updated 09 Sep, 2023 09:01am

Clarification of ATIR orders: FTO summons FBR’s Member Legal (IR) over ‘inaction’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Member Legal (Inland Revenue) Federal Board of Revenue (FBR)...

Updated 22 Aug, 2023 08:57am

FBR surpasses July revenue collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs538 billion during July 2023 against the...

Updated 02 Aug, 2023 09:09am

Business & Finance

Tax officials accused of ignoring rules while charging WWF out of audit proceedings

LAHORE: The tax authorities are accused of ignoring the condition of passing a written order while dealing with...

Published 28 Apr, 2023 06:08am

Action against errant taxmen: FBR fails to implement FTO’s key recommendation

ISLAMABAD: The Federal Board of Revenue (FBR) has failed to implement a key recommendation by the Federal Tax...

Updated 26 Apr, 2023 08:45am

Business & Finance

Tax officials asked to update personal profiles

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all tax officials to update their personal profiles under...

Published 11 Feb, 2023 07:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Cotton US¢/pound / Jun 20	66.53
Petrol/Litre / Jun 21	258.43
Diesel/Litre / Jun 21	262.59

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)
Zahid Jee Textile / Jun 20 Zahidjee Textile Mills Limited(ZAHID)	43.66 ▲ 3.97 (10%)
J.A.Textile / Jun 20 J.A. Textile Mills Limited(JATM)	29.18 ▲ 2.65 (9.99%)
Shahzad Tex. / Jun 20 Shahzad Textile Mills Limited(SZTM)	46.57 ▲ 4.23 (9.99%)
Service Textile / Jun 20 Service Industries Textiles Limited(SERT)	23.80 ▲ 2.16 (9.98%)
Chenab Ltd (Pref) / Jun 20 Chenab Limited (Pref)(CLCPS)	3.34 ▲ 0.3 (9.87%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)
Orient Rental / Jun 20 Orient Rental Mod(ORM)	9.40 ▼ -0.7 (-6.93%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	181 ▼ -11.29 (-5.87%)
Kohat Textile / Jun 20 Kohat Textile Mills Limited(KOHTM)	92.18 ▼ -4.82 (-4.97%)
Biafo Ind. / Jun 20 Biafo Industries Limited(BIFO)	163.55 ▼ -8.46 (-4.92%)
Sapphire Textile / Jun 20 Sapphire Textile Mills Limited(SAPT)	1,105 ▼ -45 (-3.91%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	279,001 ▲ 0.13
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	232,709 ▲ 1
PIA Holding Co.Ltd / Jun 20 PIA Holding Company Limited(PIAHCLA)	187,358 ▲ 0.5
Bunnys Limited / Jun 20 Bunnys Limited(BNL)	184,782 ▲ 2
Crescent Textile / Jun 20 The Crescent Textile Mills Limited(CRTM)	148,384 ▲ 0.54

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