Topic

Tax refunds

Issues facing exporters: MoC to prepare actionable solutions for PM’s review

Published 22 Oct, 2026 05:52am

ISLAMABAD: The Ministry of Commerce is to consolidate sector-specific and cross-cutting issues confronting exporters...

TMA for reforms to restore export competitiveness

Published 16 Oct, 2026 06:42am

KARACHI: Omer Anwar Lari, Vice Chairman of the Towel Manufacturers’ Association of Pakistan (TMA), has called for...

Reliable energy supply sought for export industries

Published 08 Oct, 2026 06:55am

KARACHI: President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and All Karachi Industrial Alliance,...

Investment confidence: Still waiting for commitment

Updated 01 Oct, 2026 07:21am

Pakistan’s investment indicators are sending mixed signals. FDI has picked up in the opening months of FY27, profit...

OICCI members’ pending tax refunds exceed Rs102bn

Updated 24 Sep, 2026 07:06am

KARACHI: Pending Income Tax and Sales Tax refunds of the Overseas Investors Chamber of Commerce and Industry (OICCI)...

FBR’s 5.2pc direct-tax illusion

Published 28 Aug, 2026 06:29am

Celebrations at Federal Board of Revenue (FBR) headquarters on July 1, 2026 were unusually theatrical. Finance...

Swift issuance of refunds: KTBA urges FBR chairman to simplify procedure

Published 07 Aug, 2026 06:30am

KARACHI: Karachi Tax Bar Association (KTBA) has requested the Chairman, Federal Board of Revenue (FBR), to introduce...

July exports surge by 10pc YoY

Updated 05 Aug, 2026 09:13am

ISLAMABAD: Pakistan’s exports made a strong start in the first month fiscal year 2026-27, with total exports rising...

PM hails FBR for unprecedented collection

Published 03 Jul, 2026 05:13am

ISLAMABAD: Prime Minister Shehbaz Sharif declared the Federal Board of Revenue’s (FBR’s) record-breaking tax haul a...

President rejects FBR’s presentation against FTO

Updated 25 May, 2026 08:02am

ISLAMABAD: President Asif Ali Zardari has dismissed a representation filed by the Federal Board of Revenue (FBR)...

PBC warns of deep-rooted challenges

Updated 22 Apr, 2026 09:39am

ISLAMABAD: The Pakistan Business Council (PBC) has warned that the country is grappling with deep-rooted structural...

FBR chief tells KCCI members: Tax refunds claims to be processed efficiently

Published 27 Mar, 2026 06:40am

KARACHI: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial gave assurances to Karachi business...

Textile Mills Association for adjusting super tax liability against pending refunds

Updated 03 Feb, 2026 07:21am

KARACHI: All Pakistan Textile Mills Association (APTMA) has urged the FBR to adjust the Super Tax liability...

APTMA urges FBR to adjust super tax against pending refunds

Published 02 Feb, 2026 04:54pm

APTMA Chairman Kamran Arshad says the export-oriented textile industry is facing serious liquidity constraints due to a prolonged slowdown in export orders

New policy for FBR: Small refunds to be paid in 8-10 days: FTO

Published 25 Jan, 2026 06:01am

RAWALPINDI: Federal Tax Ombudsman (FTO) Zafar Hijazi announced that small-amount tax refunds will be processed and...

IHC slaps Rs0.1m fine on CIR

Published 15 Jan, 2026 06:31am

ISLAMABAD: The Islamabad High Court (IHC) has slapped a Rs100,000 fine on Commissioner Inland Revenue, Islamabad...

TMA lauds PM’s directive on export facilitation and refunds

Updated 09 Jan, 2026 08:17am

KARACHI: The Towel Manufacturers Association of Pakistan (TMA) has lauded the firm resolve of the Honourable Prime...

PM sacks senior IR officer for corruption, misconduct

Published 14 Oct, 2025 08:10am

ISLAMABAD: Prime Minister Shahbaz Sharif has dismissed from service a senior official of Inland Revenue Service in a...

AGP detects discrepancies in tax, refund figures of FBR, SBP

Published 08 Oct, 2025 07:13am

LAHORE: The Auditor General of Pakistan (AGP) office has found variations of millions of rupees in the collection...

‘This isn’t just poor policy, it is economic self-sabotage’

Published 15 Jul, 2025 06:43am

Doing honest, formal business in Pakistan has become untenable. The latest move of raising withholding tax on...

LTO Karachi posts record Rs2.807trn collection

Updated 06 Jun, 2025 09:37am

KARACHI: The Large Taxpayers Office (LTO) Karachi has displayed a robust performance in revenue collection during...

Automated income tax refund system: FBR has failed to enforce IHC’s directive

Updated 12 May, 2025 02:53pm

ISLAMABAD: The Islamabad High Court’s landmark judgment for effective enforcement of an automated income tax refund...

Japanese car makers concern over delay in tax refunds

Updated 27 Feb, 2025 08:59am

ISLAMABAD: Japanese automobile makers, Wednesday, expressed serious concerns over delay in tax refunds and problems...

‘FTO disposes of record-breaking 12,914 complaints in 2024’

Published 09 Jan, 2025 06:19am

KARACHI: “The Federal Tax Ombudsman (FTO) has achieved unprecedented success in 2024, maintaining an impressive...

Refunds, adjustments: FBR’s SRZs fail to deliver?

Updated 30 Nov, 2024 02:26pm

ISLAMABAD/ KARACHI: The creation of Special Refund Zones (SRZs) by the Federal Board of Revenue (FBR) has failed to...

‘FBR has authority to conduct post-sanction audits of refund claims’

Published 26 Nov, 2024 07:40am

LAHORE: The Federal Board of Revenue (FBR) has the authority to conduct post-sanction audits of refund claims under...

Tax refunds not favour but legitimate right of business community: FTO

Published 18 Oct, 2024 06:10am

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has said that the tax refunds are not a favour but ...

FBR’s ‘speed money scheme’ exposed by Langrial

Updated 17 Oct, 2024 09:13am

KARACHI: Rashid Mahmood Langrial, Chairman Federal Board of Revenue (FBR) revealed widespread corruption within FBR...

Tractor maker proves ‘application’ of SRO as mala fide of FBR

Published 21 Sep, 2024 06:43am

LAHORE: A tractor manufacturer has proved that the entire exercise of issuance of SRO No. 563 (I)/2022 dated...

Current year’s liability: Tax dept fails to object to adjustment of unverified refund

Published 06 Sep, 2024 07:04am

LAHORE: The tax department has failed to object to adjustment of unverified refund towards current year’s...

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BR30
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KMI30

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 14	330
Diesel/Litre / Nov 14	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

Tax refunds

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