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tax rates

Govt urged to revise approach to current expenditure

KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...

Published 30 Mar, 2025 05:34am

BR Research

Pakistan’s tax burden: Who pays the price?

Some things you know, but when you see them laid out on a broader canvas, the picture hits differently. That’s...

Published 13 Mar, 2025 07:08am

Beverages, tobacco and real estate sector: FBR proposes reduction in tax rates

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed reduction in tax rates on beverages, tobacco and real...

Updated 07 Mar, 2025 08:45am

Profitability of listed banks rises 5pc YoY

KARACHI: The profitability of listed banks increased by 5 percent YoY to Rs597 billion in 2024, mainly driven by a 9...

Updated 04 Mar, 2025 09:10am

Editorials

A bloated cabinet

EDITORIAL: While most Pakistanis — particularly lower-income groups, the salaried class and the corporate sector...

Published 03 Mar, 2025 06:28am

Opinion

India’s budget: a forward thinking, citizen friendly approach to salaried class

India Finance Minister Nirmala Sitharaman presented the Indian Union Budget in the Lok Sabha in Delhi on February 1,...

Updated 04 Feb, 2025 07:10am

Business & Finance

Centre asked to reduce property transfer tax rates like KP govt

PESHAWAR: Advisor to the KP Chief Minister on Finance and Inter Provincial Coordination (IPC) Muzammil Aslam said on...

Published 04 Feb, 2025 06:29am

Business & Finance

Housing & real estate sectors: FPCCI proposes cut in taxes to single digits

KARACHI: Atif Ikram Sheikh, President FPCCI, has proposed that taxes on housing and real estate sectors should be...

Published 04 Feb, 2025 06:29am

Editorials

Govt must rethink its tax strategy

EDITORIAL: Increasing the tax base in Pakistan has remained a huge challenge. Tax rates, both direct and indirect ...

Published 03 Feb, 2025 06:41am

Editorials

Move to facilitate overseas Pakistanis

EDITORIAL: In a move purported to be for the benefit of overseas Pakistanis, the FBR has announced the launch of an...

Updated 31 Dec, 2024 06:57am

Investments in real estate: Overseas Pakistanis now eligible for exemption from higher tax rates

KARACHI: In a significant move to attract foreign investments in the real estate sector, overseas Pakistanis are now...

Updated 27 Dec, 2024 03:15pm

Business & Finance

What is Tax Laws (Amendment) Bill, 2024 introduced in National Assembly?

Finance Minister Muhammad Aurangzeb introduced the Tax Laws (Amendment) Bill, 2024 in the National Assembly (NA) on...

Published 18 Dec, 2024 09:06pm

Tax rates can be reduced if revenue generated effectively: FBR chief

LAHORE: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has agreed with Lahore Chamber of Commerce...

Updated 18 Dec, 2024 03:43pm

FBR imposes new condition on overseas Pakistanis

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a new condition on overseas Pakistanis to obtain approval...

Updated 02 Dec, 2024 02:18pm

Opinion

Punjab Agricultural Income Tax (Amendment) Bill 2024

The Punjab Agricultural Income Tax (Amendment) Bill 2024 is a significant legislative initiative aimed at ...

Updated 20 Nov, 2024 08:29am

Govt aims to lower tax rates for formal sectors: MoS

ISLAMABAD: Admitting that Pakistan is amongst the countries which has the highest tax rates, Minister of State for...

Updated 20 Nov, 2024 03:17pm

BR Research

MCB banks on high CASA

MCB Bank Limited (MCB), true to its reputation and much to the shareholders’ delight, announced another interim...

Published 28 Oct, 2024 08:51am

Business & Finance

High tax rates, spiraling costs forcing Pakistan’s major companies to pursue the layoff route

KARACHI: High tax rates and spiraling costs have compelled major listed corporations in Pakistan to reduce headcount...

Updated 01 Oct, 2024 02:00pm

Editorials

Tax revenue conundrum

EDITORIAL: As expected, the FBR (Federal Board of Revenue) is falling short of ambitious revenues targets in an...

Updated 09 Sep, 2024 07:47am

In case tax collection shortfall continues: FBR suggests 1pc hike in WHT rates

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed one percent increase in all withholding taxes rates from...

Updated 03 Sep, 2024 09:18am

FBR to introduce market-level review mechanism

ISLAMABAD: The Federal Board of Revenue (FBR) will introduce a market-level review mechanism having representation...

Updated 28 Aug, 2024 02:54pm

Traders stick to guns, go on strike as planned

ISLAMABAD: Despite Federal Board of Revenue’s (FBR) assurance to traders’ community to amend the “Tajir Dost Scheme”...

Updated 28 Aug, 2024 05:58pm

Property deals, salaries, car purchase: FBR notifies change in WHT provisions

New category of late filers has been introduced for persons who are appearing on ATL but have not filed return by the extended due date

Updated 10 Jul, 2024 10:24am

Pakistan

Property transactions: Progressive tax rates announced

ISLAMABAD: The government has announced progressive tax rates on purchases and sales of properties, categorised into...

Published 13 Jun, 2024 03:32am

World

Russia proposes raising extraction tax rates on diamonds, gold, iron ore

MOSCOW: Russia’s finance ministry on Monday proposed increasing mineral extraction rents from next year on ...

Published 04 Jun, 2024 06:28am

Business & Finance

Budget 2024-25: PBC for documenting economy as per Indian model

ISLAMABAD: Pakistan Business Council (PBC) has strongly proposed Finance Minister Muhammad Aurangzeb to implement...

Published 21 May, 2024 03:39am

Govt explains magnitude of SOE burden

Federal Minister for Privatisation says current state of the public sector is unsustainable and contributes to the deterioration in the business environment in the country

Updated 28 Nov, 2023 10:01am

Working out new rates of immovable properties: On Dar’s directive, FBR to hold talks with realtors today

ISLAMABAD: Finance Minister Ishaq Dar Friday directed the Federal Board of Revenue (FBR) to immediately convene a...

Updated 05 Aug, 2023 03:08pm

Sugar import: Cut in tax rates amongst reasons behind huge income tax exemptions cost

ISLAMABAD: The reduction in tax rates including withholding tax on the import of sugar is one of the reasons for...

Updated 12 Jun, 2023 08:43am

Opinion

Slump in industrial production

There is no end to the bad news on the on-going performance of the economy of Pakistan. Now we have been informed by...

Updated 23 May, 2023 06:36am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	280.70
USD PKR Interbank Buying / Apr 18	280.45
USD to Japanese Yen / Apr 18	142.18
USD to Swiss Franc / Apr 18	0.82
Pound Sterling to USD / Apr 18	1.33
Euro to USD / Apr 18	1.14
UK LIBOR % / Apr 18	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
India Sensex / Apr 17	78,553.20
Nasdaq / Apr 17	16,286.45
Hang Seng / Apr 17	21,395.14
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
Tokyo Nikkei / Apr 18	34,730.28

Item	Value
Crude Oil USD/Barrel / Apr 18	64.68
Karachi Cotton PKR/37.32 KG / Apr 18	16,985
Gold 10 Grams PKR / Apr 18	299,811
Gold Spot USD/Ounce / Apr 18	3,326.85
Cotton US¢/pound / Apr 18	67.13
Petrol/Litre / Apr 20	254.63
Diesel/Litre / Apr 20	258.64

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Apr 18 PICIC Insurance Limited(PIL)	3.44 ▲ 0.99 (40.41%)
Universal Ins. / Apr 18 The Universal Insurance Company Limited(UVIC)	10.36 ▲ 0.99 (10.57%)
Oilboy Energy / Apr 18 Oilboy Energy Limited(OBOY)	10.91 ▲ 1 (10.09%)
Popular Islamic / Apr 18 Popular Islamic Modaraba(PIM)	13.70 ▲ 1.25 (10.04%)
Safe Mix Con.Lt / Apr 18 Safe Mix Concrete Limited(SMCPL)	18.11 ▲ 1.65 (10.02%)
Bunnys Limited / Apr 18 Bunnys Limited(BNL)	26.91 ▲ 2.45 (10.02%)
Nimir Resins / Apr 18 Nimir Resins Limited(NRSL)	46.70 ▲ 4.25 (10.01%)
At-Tahur Ltd. / Apr 18 At-Tahur Limited(PREMA)	63.90 ▲ 5.81 (10%)
Bawany Air Products / Apr 18 Bawany Air Products Limited(BAPL)	35.63 ▲ 3.24 (10%)
Sunrays Textile / Apr 18 Sunrays Textile Mills Limited(SUTM)	97.10 ▲ 8.83 (10%)

Stock	Price
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	0.64 ▼ -0.43 (-40.19%)
Shaheen Ins. / Apr 18 Shaheen Insurance Company Limited(SHNI)	5.84 ▼ -1.33 (-18.55%)
Century Ins. / Apr 18 Century Insurance Company Limited(CENI)	41.25 ▼ -8.57 (-17.2%)
Escorts Bank / Apr 18 Escorts Investment Bank Limited(ESBL)	5.86 ▼ -0.98 (-14.33%)
Sec. Inv. Bank / Apr 18 Security Investment Bank Limited(SIBL)	9.50 ▼ -1.55 (-14.03%)
Habib Ins. / Apr 18 Habib Insurance Company Limited(HICL)	6.92 ▼ -0.69 (-9.07%)
Gulshan Sp. / Apr 18 Gulshan Spinning Mills Limited(GSPM)	3.18 ▼ -0.3 (-8.62%)
Trust Sec.& Brok. / Apr 18 Trust Securities & Brokerage Limited(TSBL)	12.87 ▼ -1.1 (-7.87%)
First Fid. Leasing / Apr 18 First Fidelity Leasing Modaraba(FFLM)	2 ▼ -0.16 (-7.41%)
Zephyr Textile / Apr 18 Zephyr Textiles Limited(ZTL)	11.56 ▼ -0.92 (-7.37%)

Stock	Volume
Sui South Gas / Apr 18 Sui Southern Gas Company Limited(SSGC)	38,238,255 ▲ 1.64
Pak Int.Bulk / Apr 18 Pakistan International Bulk Terminal(PIBTL)	30,965,499 ▲ 0.18
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	22,907,790 ▲ 0.09
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	17,544,373 ▲ 0.01
Maple Leaf Cement / Apr 18 Maple Leaf Cement Factory Limited(MLCF)	12,813,509 ▲ 0.94
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	11,614,194 ▲ 0
Pak Elektron / Apr 18 Pak Elektron Limited(PAEL)	10,998,433 ▼ -0.42
Habib Bank / Apr 18 Habib Bank Limited(HBL)	9,362,714 ▼ -5.52
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	9,098,065 ▼ -0.43
B.O.Punjab / Apr 18 The Bank of Punjab(BOP)	8,925,360 ▼ -0.09

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