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Tax policy

‘Learning From Others’—V

Power Sector: Power sector was the major negative influence on India’s economy as well. The problems and ...

Published 28 May, 2023 03:34am

Opinion

Paradigm shift in tax policy

‘The impact of economic growth on the lives of people is partly a matter of income distribution, but it also...

Published 26 May, 2023 06:48am

World Bank ties recurrent budget shortfall to low fiscal revenue

ISLAMABAD: Persistent low fiscal revenue is one of the drivers of Pakistan’s recurrent budget shortfall, as total...

Updated 14 Apr, 2023 12:35pm

Editorials

Economy still in deep trouble

EDITORIAL: Federal Finance Minister Ishaq Dar, along with the Special Assistant to the Prime Minister on Finance,...

Published 13 Dec, 2022 05:58am

Opinion

Pakistan’s taxation regime discourages self-employment and small businesses

Pakistan’s tax policy discourages individuals from self-employment or running small businesses. While salaried...

Published 18 May, 2022 05:54am

Business & Finance

FBR’s new reform plan likely to establish sectoral benchmarks

ISLAMABAD: The Federal Board of Revenue (FBR)’s new reform plan would establish sectoral benchmarks to identify ...

Published 20 Apr, 2022 05:12am

Editorials

To control inflation and help the vulnerable

EDITORIAL: The Khan administration’s overarching objective to help the poor and vulnerable cannot be faulted and...

Published 23 Feb, 2022 04:54am

Business & Finance

FBR to present new tax policy framework to cabinet

ISLAMABAD: To end the policy of tax exemptions in the future, the Federal Board of Revenue (FBR) Chairman, Dr...

Published 11 Jan, 2022 06:33am

Markets

Wall Street Week Ahead: Investors bet on second wind for lagging US small-caps

NEW YORK: Some investors believe the stars are aligning for small-cap stocks, as the category stands to benefit from...

Published 22 Nov, 2021 05:31am

Editorials

The way forward

EDITORIAL: Pakistan has been focusing on revenue generation, inclusive of reforming the Federal Board of Revenue...

Published 08 Sep, 2021 04:06am

Opinion

Taxes and social democracy

“The perks culture has also held real estate development hostage for decades as officials seek to reward ...

Published 24 Jul, 2021 04:27am

Business & Finance

Budget prepared without taking business community on board: FPCCI

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has termed the federal budget...

Published 24 Jun, 2021 03:36am

Opinion

Restructuring of tax system: a blueprint

“A comprehensive strategy had been formulated to shift the gear and move to higher economic growth. I do not...

Published 07 May, 2021 04:35am

Business

SPDC proposes tobacco tax reform

KARACHI: Social Policy and Development Centre (SPDC) has proposed tobacco tax reform that would greatly help the...

Published 21 Apr, 2021 03:21am

Business

FBR considering reduction in number of WHT lines

ISLAMABAD: The Federal Board of Revenue’s major guiding principles of tax policy included reduce dependence on...

Published 21 Apr, 2021 03:21am

Business

Mixed reaction on promulgation of Tax Laws Ord

ISLAMABAD: Dr Muhammad Iqbal, a former member Tax Policy of the Federal Board of Revenue (FBR) said that Tax Laws...

Published 12 Apr, 2021 03:59am

Business

Automated payment system: FBR remits 71pc amount of drawback claims

LAHORE: The Federal Board of Revenue (FBR) has remitted 71 percent of the amount of duty drawback claims while...

Published 19 Mar, 2021 05:32am

Business & Finance

World Bank & CDPR Unlock Pakistan’s Income Tax Potential in a New Webinar Series

The Pakistan Development Policy series 2021 is a set of policy discussions organized by CDPR and the World Bank to discuss key reform areas critical to Pakistan’s economic, social and development growth.

Updated 02 Mar, 2021 01:08pm

Tax policy: Waqar convenes meeting on creation of ‘TPU’

ISLAMABAD: Special Assistant to the Prime Minister on Revenue, Dr Waqar Masood has convened a meeting on the ...

Published 27 Jan, 2021 04:59am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▼ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▼ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▲ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▲ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▲ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▲ 0.00 (0.00%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.00
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.00
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	15,788,641 ▲ 0.00
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▲ 0.00
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.00
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.00
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.00
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	6,313,500 ▲ 0.00
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.00
Fauji Cement / Jun 9 Fauji Cement Company Limited(FCCL)	4,608,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

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