Trends - tax reforms - Business Recorder

tax reforms

No truths and a lie

If there is one thing governments do really well, it is self-congratulation at minor victories that mask deeper...

Updated 12 Jun, 2025 08:15am

OICCI demands implementation of tax reforms

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has called on the government to immediately...

Updated 04 Jun, 2025 09:31am

Markets

Govt to introduce ‘bold measures’ in the upcoming budget, says Aurangzeb

Pakistan to present federal budget for FY2025-26 on June 10

Updated 26 May, 2025 10:15pm

Opinion

Pharma industry: a case for smart tax reforms

Pakistan’s economy is at an inflection point. Amid shifting global dynamics and domestic fiscal pressures, the...

Updated 26 May, 2025 07:40am

Editorials

Taxation system needs fundamental reform

EDITORIAL: Reportedly, the World Bank (WB) deferred the approval of additional International Development Association...

Published 26 May, 2025 05:56am

World

Bangladesh government workers protest tax authority reform

DHAKA: Bangladesh security forces surrounded the national tax authority headquarters on Sunday as its employees...

Published 25 May, 2025 08:15pm

Budget 2025-26

PM optimistic about growth prospects

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday reiterated his government’s commitment to fast-tracking...

Updated 23 May, 2025 08:49am

Business & Finance

Sweeping tax reforms needed for sustainable economy: Mian Zahid

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

Published 07 May, 2025 06:06am

Budget 2025-26

OICCI seeks key tax reforms to increase tax-to-GDP ratio

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has released its recommendations for the...

Published 30 Apr, 2025 05:57am

Business & Finance

KATI president recommends reforms to expand tax net

KARACHI: Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), has recommended that tax...

Published 25 Mar, 2025 06:51am

Opinion

TPO: A test of reform

Pakistan’s taxation and trade enforcement systems remain highly inefficient. The Federal Board of Revenue (FBR) has...

Updated 04 Mar, 2025 06:58am

Markets

Tax Policy Office to be operationalised ‘in a few days’: Aurangzeb

Govt committed to broadening tax base, advancing with focused approach to make Pakistan export-led country, says finance minister

Published 26 Feb, 2025 09:39pm

Pakistan

Govt plans to reduce financial burden on salaried class in upcoming budget: FM Aurangzeb

Finance Minister Muhammad Aurangzeb has announced his government’s intention to reduce the financial burden on the...

Updated 23 Feb, 2025 10:48pm

Markets

Windfall tax: govt collected Rs23bn from 16 banks in a single day, says Finance Division

Pakistan government collected a total of Rs23 billion in windfall tax from 16 banks in a single day, a statement...

Updated 23 Feb, 2025 10:49pm

Editorials

Potential versus reality

EDITORIAL: During their initial months in power nearly all Pakistani administrations exhibit a level of optimism ...

Published 21 Feb, 2025 06:49am

Markets

‘Financial needs’: govt committed to increasing tax on bank profits, Senate body told

Banks must play their part in helping govt, FM Aurangzeb says

Published 19 Feb, 2025 09:50pm

Pakistan

Downsizing of govt depts hailed

KARACHI: Chairman of National Business Group Pakistan, President of Pakistan Businessmen and Intellectuals Forum,...

Published 13 Jan, 2025 03:06am

Business & Finance

NTC reviews provincial tax reforms

ISLAMABAD: National Tax Council (NTC) Wednesday reviewed provincial tax reforms including measures to enhance...

Published 05 Dec, 2024 08:43am

Markets

National Tax Council meets to discuss tax reforms, harmonisation

Meeting's agenda focuses on fostering collaboration between federal, provincial authorities to enhance tax systems, improve compliance, and boost revenue collection, Finance Division says

Updated 04 Dec, 2024 10:35pm

Business & Finance

Former Senior VP FPCCI underscores need for urgent tax reforms

KARACHI: Syed Mazhar Ali Nasir,former Senior Vice President of the Federation of Chambers of Commerce and Industry...

Published 17 Nov, 2024 05:10am

Editorials

Surcharge on fossil fuels

EDITORIAL: It’s been learnt that one of the key measures under consideration to increase the tax-to-GDP ratio, as...

Updated 17 Nov, 2024 06:07am

Editorials

Disturbing revelations

EDITORIAL: Of all the things Finance Minister Muhammad Aurangzeb mentioned at the Islamabad literature festival the...

Published 13 Nov, 2024 07:00am

Islamabad striving for 13.5pc tax-to-GDP ratio, US told

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, Thursday, while reiterating the...

Updated 18 Oct, 2024 09:24am

Business & Finance

Minister for tax reforms to promote business growth

LAHORE: Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman noted the disparities in the tax burden, saying that...

Published 18 Oct, 2024 06:10am

Reforms in agri income tax regimes: IMF urges provinces to implement commitment

ISLAMABAD: The International Monetary Fund (IMF) has stated that provinces must decisively implement their...

Updated 12 Oct, 2024 02:52pm

Editorials

Establishing fiscal discipline

EDITORIAL: In a landmark move, the federal and four provincial governments have agreed on a National Fiscal Pact...

Published 11 Oct, 2024 06:30am

Business & Finance

‘Mini-budget possibility decreasing due to tax reforms’

KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen...

Published 09 Oct, 2024 08:50am

Editorials

Tax reforms: more of the same?

EDITORIAL: The taxation bureaucracy’s knack of coming up with measures that claim to tackle the inefficiencies of...

Published 25 Sep, 2024 06:48am

Business & Finance

No plans to shut down Utility Stores Corporation: Rana Tanveer

Minister for Industries and Production says various options being considered for restructuring of USC

Published 02 Sep, 2024 09:46pm

Pakistan

Shutter-down strike observed in twin cities

ISLAMABAD: To protest against the government’s tax reforms, traders like other parts of the country, observed a...

Published 29 Aug, 2024 06:53am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 13	283
USD PKR Interbank Buying / Jun 13	282.75
USD to Japanese Yen / Jun 13	143.75
USD to Swiss Franc / Jun 13	0.81
Pound Sterling to USD / Jun 13	1.36
Euro to USD / Jun 13	1.15
UK LIBOR % / Jun 12	4.96

Stock	Volume
S&P 500 / Jun 12	6,045.26
Nasdaq / Jun 12	19,662.48
Dow Jones / Jun 12	42,967.62
India Sensex / Jun 13	81,216.80
Tokyo Nikkei / Jun 13	37,834.25
Hang Seng / Jun 13	23,892.56
FTSE 100 / Jun 13	8,839.41
Germany DAX 30 / Jun 13	23,434.96
France CAC40 / Jun 13	7,687.50

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 12	16,485
Gold 10 Grams PKR / Jun 12	305,984
Petrol/Litre / Jun 13	253.63
Crude Oil USD/Barrel / Jun 13	72.11
Gold Spot USD/Ounce / Jun 13	3,421.89
Diesel/Litre / Jun 13	254.64
Cotton US¢/pound / Jun 13	67.63

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.87 ▲ 0.94 (48.7%)
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	2.61 ▲ 0.49 (23.11%)
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	7.11 ▲ 1 (16.37%)
Grays Leasing / Jun 13 Grays Leasing Limited(GRYL)	7.55 ▲ 0.94 (14.22%)
Ashfaq Textile / Jun 13 Ashfaq Textile Mills Limited(ASHT)	25.70 ▲ 2.34 (10.02%)
Shadman Cotton / Jun 13 Shadman Cotton Mills Limited(SHCM)	47.38 ▲ 4.31 (10.01%)
LSE Financial Serv. / Jun 13 LSE Financial Services Limited(LSEFSL)	42.97 ▲ 3.91 (10.01%)
AN Textile Mills / Jun 13 AN Textile Mills Limited(ANTM)	15.49 ▲ 1.41 (10.01%)
Dewan Motors / Jun 13 Dewan Farooque Motors Limited(DFML)	39.48 ▲ 3.59 (10%)
Nets Internat.Comm. / Jun 13 Nets International Communication Limited(GEMNETS)	31.35 ▲ 2.85 (10%)

Stock	Price
Shaheen Ins. / Jun 13 Shaheen Insurance Company Limited(SHNI)	4.57 ▼ -0.83 (-15.37%)
Kohinoor Power / Jun 13 Kohinoor Power Company Limited(KOHP)	6.01 ▼ -0.67 (-10.03%)
PIA Holding Co.B / Jun 13 PIA Holding Company Limited B(PIAHCLB)	18,889.10 ▼ -2098.79 (-10%)
Al-Khair Gadoon / Jun 13 Al-Khair Gadoon Limited(AKGL)	41.11 ▼ -4.57 (-10%)
Khyber Textile / Jun 13 Khyber Textile Mills Limited(KHYT)	1,794.55 ▼ -199.39 (-10%)
Reliance Weaving / Jun 13 Reliance Weaving Mills Limited(REWM)	123.76 ▼ -13.74 (-9.99%)
Calcorp Ltd / Jun 13 Calcorp Limited(CASH)	44.15 ▼ -4.85 (-9.9%)
Blue-Ex Ltd / Jun 13 Blue-Ex Limited (GEM)(GEMBLUEX)	59.14 ▼ -6.46 (-9.85%)
Redco Textile / Jun 13 Redco Textiles Limited(REDCO)	23.51 ▼ -2.48 (-9.54%)
Hala Enterprise / Jun 13 Hala Enterprises Limited(HAEL)	30.75 ▼ -3.17 (-9.35%)

Stock	Volume
Pervez Ahmed Consultancy / Jun 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	74,952,290 ▲ 0.94
WorldCall Telecom / Jun 13 Worldcall Telecom Limited(WTL)	19,550,583 ▲ 0
Ist.Capital Sec / Jun 13 First Capital Securities Corporation(FCSC)	17,233,230 ▲ 0.49
PIA Holding Co.Ltd / Jun 13 PIA Holding Company Limited(PIAHCLA)	17,174,194 ▲ 0.87
B.O.Punjab / Jun 13 The Bank of Punjab(BOP)	15,192,211 ▼ -0.33
K-Electric Ltd. / Jun 13 K-Electric Limited(KEL)	14,614,529 ▼ -0.1
Invest Bank / Jun 13 Invest Capital Investment Bank Limited(ICIBL)	13,712,770 ▲ 1
Maple Leaf Cement / Jun 13 Maple Leaf Cement Factory Limited(MLCF)	13,675,232 ▼ -0.45
Sui South Gas / Jun 13 Sui Southern Gas Company Limited(SSGC)	13,222,544 ▼ -0.62
Cnergyico PK / Jun 13 Cnergyico PK Limited(CNERGY)	11,403,453 ▼ -0.28

Markets →

tax reforms

Most Popular