Trends - tax reforms - Business Recorder

tax reforms

FBR informs IMF of its plan to register 1m non-filers

ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed the International Monetary Fund (IMF) that tax...

Updated 28 Nov, 2023 09:09am

Editorials

Reverse migration

EDITORIAL: One by one the social spillovers of the financial meltdown are beginning to show. Now there’s a very...

Published 18 Oct, 2023 06:09am

Taskforce on FBR reforms yet to become fully functional

ISLAMABAD: The task force on tax and Federal Board of Revenue (FBR) reforms, constituted by the finance minister has...

Updated 15 Oct, 2023 09:35am

Shamshad-led task force to introduce tax reforms

ISLAMABAD: A task force has been formed for tax reforms, and caretaker Finance Minister Dr Shamshad Akhtar has been...

Updated 29 Sep, 2023 03:01pm

Business & Finance

Tax system being digitised under reform process: PM

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar Thursday stated the country’s tax system is being digitised...

Updated 08 Sep, 2023 09:22am

PM lays focus on tax reforms, sell-off process

Says increasing tax collection is the foremost priority of the government

Updated 07 Sep, 2023 09:51am

Steps to broaden tax base: FY24 budget advances primary surplus of 0.4pc of GDP: IMF

ISLAMABAD: The fiscal year 2024 budget advances a primary surplus of around 0.4 percent of GDP by taking some steps...

Updated 14 Jul, 2023 09:27am

Business & Finance

Speakers underscore need for taking concrete steps aimed at improving housing affordability

ISLAMABAD: Speakers at an event have urged the government to introduce serious policy, institutional, financing, and...

Published 13 Jul, 2023 04:50am

Editorials

‘Reliable, consistent’ tax regime

EDITORIAL: Tax reforms, rather the need for them, is (understandably) all the rage these days, considering the...

Published 08 Jul, 2023 06:20am

Editorials

Living up to our own track record

EDITORIAL: We have yet again failed to complete an IMF programme, which perhaps was the toughest one for the...

Published 03 Jul, 2023 06:04am

Opinion

Budget-2023-24: Yet another ritualistic exercise

Majority of the Pakistanis are going to be dejected after hearing the second budget of the outgoing alliance...

Updated 09 Jun, 2023 07:00am

Editorials

NEC decisions

EDITORIAL: Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, while briefing the media...

Published 08 Jun, 2023 06:30am

Opinion

Budget, taxes, revival & growth

Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are ...

Published 19 May, 2023 06:17am

RRMC takes stock of economic situation

ISLAMABAD: Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday chaired the meeting of...

Updated 30 Apr, 2023 09:21am

Markets

Dar directs energy sector to resolve liquidity issues at the earliest

Minister for Finance and Revenue Ishaq Dar has directed authorities in the energy sector including Petroleum...

Updated 29 Apr, 2023 06:41pm

Govt fails to implement WB-recommended tax reforms

ISLAMABAD: The government has failed to fully implement the World Bank recommended major tax reforms for enhancing...

Updated 20 Apr, 2023 08:35am

Pension, subsidies & cut in SOEs’ losses: ‘Structural reforms’ being introduced thru budget: Dar

Proposed austerity measures come under consideration during Federal Cabinet meeting

Updated 03 Mar, 2023 11:46am

Opinion

IMF conditionalities: fiscal reforms

The International Monetary Fund (IMF) typically imposes a series of conditions on countries that receive financial...

Published 01 Mar, 2023 06:21am

Business & Finance

FTO directs FBR to disallow audit of incomplete returns

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Information Technology (IT) wing of the...

Published 03 Feb, 2023 06:17am

Importance of ‘RRMC’ in taxation issues highlighted

ISLAMABAD: The government has highlighted the importance of the Reforms and Resource Mobilisation Commission (RRMC)...

Updated 21 Jan, 2023 08:49am

‘All is not well’ on economic front: Aisha

Minister of State for Finance and Revenue acknowledges country is under stress, but will not default on the external obligation

Updated 17 Dec, 2022 08:52pm

Tax reforms recommendations to FBR: Supertax has successful large businesses: PBC

ISLAMABAD: The Pakistan Business Council (PBC) has observed that the supertax has penalised successful large...

Updated 27 Nov, 2022 09:41am

Business & Finance

Tax reforms give capital market a level-playing field: SECP chief

ISLAMABAD/KARACHI: Securities and Exchange Commission of Pakistan (SECP) Chairman Aamir Khan Wednesday informed the...

Updated 15 Sep, 2022 09:53am

Business & Finance

CDPR holds workshop on ‘tax reforms for inclusive, sustainable growth’

LAHORE: The Consortium for Development Policy Research (CDPR) in collaboration with the British High Commission’s...

Published 16 Apr, 2022 04:10am

Business & Finance

‘Reversal’ of tax reforms to hit economy: GSMA

ISLAMABAD: The Global System for Mobile Communications (GSMA) has stated that the reversal of 2021-22 tax reforms in...

Published 27 Jan, 2022 04:05am

Editorials

World

UN condemns 'excessive' use of force in Colombia protests

The rights office called for calm on all sides ahead of a planned mass protest on Wednesday, and stressed that security forces should only use firearms as a last resort.

Published 04 May, 2021 04:15pm

Opinion

Simplification of taxes for growth — II

The government of Pakistan Tehreek-i-Insaf (PTI) has been reminded in these columns time and again that no agenda ...

Published 26 Mar, 2021 05:22am

Gainers
Losers
Leaders

Stock	Price
F. Nat.Equities / Dec 5 First National Equities Limited(FNEL)	6.28 ▲ 1.00 (18.94%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.25 ▲ 0.50 (18.18%)
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	7.15 ▲ 1.00 (16.26%)
Aisha Steel(ConPS) / Dec 5 Aisha Steel(ConPS)(ASLPS)	8 ▲ 0.85 (11.89%)
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	7.93 ▲ 0.76 (10.60%)
HBL Invest Fund / Dec 5 HBL Investment Fund(HIFA)	3.43 ▲ 0.31 (9.94%)
Trust Sec.& Brok. / Dec 5 Trust Securities & Brokerage Limited(TSBL)	11 ▲ 0.94 (9.34%)
Waves Home Appliances / Dec 5 Waves Home Appliances Limited(WHALE)	8.75 ▲ 0.72 (8.97%)
Jubilee Spinning / Dec 5 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	6.94 ▲ 0.54 (8.44%)
Al-Shaheer Corp / Dec 5 Al Shaheer Corporation Limited(ASC)	9.90 ▲ 0.77 (8.43%)

Stock	Price
Asim Textile / Dec 5 Asim Textile Mills Limited(ASTM)	12.70 ▼ -1.03 (-7.50%)
Universal Network (GEM) / Dec 5 Universal Network Systems Limited (GEM)(GEMUNSL)	28.23 ▼ -2.29 (-7.50%)
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	243.94 ▼ -19.78 (-7.50%)
Pak Suzuki / Dec 5 Pak Suzuki Motor Company Limited(PSMC)	504.39 ▼ -40.90 (-7.50%)
Janana D Mal / Dec 5 Janana De Malucho Textile Mills Limited(JDMT)	63.82 ▼ -5.17 (-7.49%)
Reliance Ins. / Dec 5 Reliance Insurance Company Limited(RICL)	8.80 ▼ -0.70 (-7.37%)
Pak Gulf Leasing / Dec 5 Pak-Gulf Leasing Company Limited(PGLC)	7.18 ▼ -0.57 (-7.35%)
JS Investments / Dec 5 JS Investments Limited(JSIL)	16.02 ▼ -1.23 (-7.13%)
Masood Textile / Dec 5 Masood Textile Mills Limited(MSOT)	50.20 ▼ -3.80 (-7.04%)
AEL Textile / Dec 5 AEL Textile Limited(AEL)	20 ▼ -1.50 (-6.98%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,056,586 ▲ 0.04
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▼ -0.61
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,923,500 ▲ 1.29
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.07
Fauji Fert Bin / Dec 5 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.14
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,778,132 ▲ 5.13
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,491,106 ▲ 5.48
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,637,629 ▲ 0.38
Hum Network / Dec 5 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.06
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
India Sensex / Dec 4	68865.12
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

Calculate your monthly liability in FY24

tax reforms

Most Popular Articles