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tax returns

Nod from IR Commissioner not needed: Tax returns can be revised within 60 days: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the FBR system is allowing taxpayers to revise...

Updated 08 Nov, 2023 10:04am

Business & Finance

FBR confirms tax return filing deadline extended by 1 month

The Federal Board of Revenue (FBR) on Saturday said the date of date of filing income tax returns for Tax Year 2023...

Published 30 Sep, 2023 11:54pm

Business & Finance

FBR should provide 90 days for submission of tax returns: PTBA

LAHORE: The Pakistan Tax Bar Association (PTBA) has demanded that the chairman of the Federal Board of Revenue ...

Published 29 Sep, 2023 06:24am

Business & Finance

KTBA complains about ‘problematic’ IRIS portal

KARACHI: Taxpayers are still facing difficulties in complying with tax filing requirements due to persistent issues...

Updated 07 Sep, 2023 06:46am

Business & Finance

PTBA points out multiple errors & glitches in IRIS portal

LAHORE: The Pakistan Tax Bar Association (PTBA) has pointed out multiple errors and glitches in the online filing of...

Published 07 Sep, 2023 06:21am

PTBA asks FBR to take notice of sudden change in IRIS module

LAHORE: Pakistan Tax Bar Association (PTBA) leadership has urged Chairman Federal Board of Revenue (FBR) to look...

Updated 04 Sep, 2023 09:37am

CCP analysis on SME sector: ‘Complex regulatory regime pushes up cost of doing business’

ISLAMABAD: The Competition Commission of Pakistan (CCP) has declared that the complex regulatory regime has created...

Updated 16 Jul, 2023 09:22am

Income tax: Govt likely to introduce e-assessment scheme

ISLAMABAD: The government is likely to introduce an electronic-assessment scheme in the budget (2023-24) to conduct...

Updated 28 May, 2023 09:58am

Business & Finance

Tax officials accused of ignoring rules while charging WWF out of audit proceedings

LAHORE: The tax authorities are accused of ignoring the condition of passing a written order while dealing with...

Published 28 Apr, 2023 06:08am

Pakistan

Records seized: SRB raids club for recovery of SST dues

KARACHI: Sindh Revenue Board (SRB) has carried out a raid on a luxurious club located in a posh area of Karachi. The...

Published 24 Mar, 2023 05:55am

Business & Finance

SST amounts, returns: SRB extends deadlines

KARACHI: Sindh Revenue Board (SRB) has extended the date of e-depositing the amounts of Sindh Sales Tax (SST) and...

Published 15 Mar, 2023 07:07am

Business & Finance

‘Taxpayers’ Satisfaction Survey (2023)’ 53pc of businesspeople file tax returns without any help

ISLAMABAD: Around 53 percent of business community has filed their annual income tax returns without any help from...

Updated 11 Mar, 2023 08:52am

Business & Finance

SHC dismisses petitions challenging tax on foreign assets

ISLAMABAD: The Sindh High Court (SHC) has dismissed the petitions challenging the levy of tax on foreign assets of a...

Updated 01 Jan, 2023 10:09am

Opinion

PARTLY FACETIOUS: A case of assets beyond means?

“So now what?” “So now shut up about Dar sahib’s case of assets beyond means.” “I thought he said...

Published 16 Nov, 2022 05:50am

Senate body members accuse FBR of harassing people

ISLAMABAD: Members of the Senate Standing Committee on Finance have accused the Federal Board of Revenue (FBR) of...

Updated 12 Nov, 2022 09:35am

Business & Finance

FBR urges LCCI members to submit tax returns on time

LAHORE: The Federal Board of Revenue has urged the Lahore Chamber of Commerce and Industry (LCCI) to ask its members...

Published 12 Nov, 2022 05:55am

Business & Finance

Tax returns: KCCI seeks extension in last date

KARACHI: The president of Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf has requested the...

Published 30 Oct, 2022 03:57am

Pakistan

Non-compliance allegation: SRB seals restaurant over sales tax returns

KARACHI: Sindh Revenue Board (SRB) on Friday sealed a restaurant located in the posh area of Clifton, Karachi,...

Published 14 May, 2022 04:05am

Business & Finance

KTBA takes strong exception to FBR’s show-cause notices

KARACHI: The Federal Board of Revenue (FBR) has started issuing notices, asking the taxpayers to show why the tax...

Published 26 Apr, 2022 05:20am

Opinion

State gifts, tax evasion and rule of law

“Qui sentit commodum, sentire debet et onus” This famous legal maxim states that those who receive an advantage must...

Published 22 Apr, 2022 05:36am

Editorials

Broadening the tax base

EDITORIAL: It seems the time when the magic of data and technology would combine to expand the country’s tax base...

Updated 26 Mar, 2022 10:44am

Pakistan

Process of e-filing tax returns: Befiler wins grant from Karandaaz to encourage women

ISLAMABAD: Befiler has won a grant for a digital experiment from Karandaaz Pakistan to encourage electronic return...

Published 30 Nov, 2021 05:23am

FBR receives record 2.6m tax returns with Rs48.6bn deposits

ISLAMABAD: The Federal Board of Revenue (FBR) has received a staggering number of 2.6 million returns and collected...

Updated 16 Oct, 2021 09:35am

Business & Finance

Tax Year 2021: FBR receives record number of 2.163m tax returns so far

ISLAMABAD: The Federal Board of Revenue (FBR) has received record number of 2.163 million income tax returns for the...

Published 12 Oct, 2021 04:44am

Pakistan

Deadline to file tax returns extended till October 15

FBR's Iris portal had earlier faced hours-long non-functionality

Updated 30 Sep, 2021 10:12pm

Tax returns: Computation formulae to be corrected without delay: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has assured the tax lawyers/advisers that the tax computation formulas...

Updated 28 Sep, 2021 10:32am

Tax returns: FBR urged to extend deadline

ISLAMABAD: Tax bar associations, chartered accountants, tax advisers/lawyers and taxpayers have approached the...

Updated 25 Sep, 2021 03:32pm

E-depositing of SST: SRB extends last date

KARACHI: Sindh Revenue Board (SRB) has extended the last date for e-depositing of Sindh Sales Tax (SST) to July 27,...

Published 20 Jul, 2021 02:38am

Business & Finance

FBR seeks suggestions for changes in IT rules

LAHORE: The Federal Board of Revenue (FBR) has amended the Income Tax Rules 2002 to incorporate changes in the...

Published 18 Jun, 2021 04:16am

Business

Payment of SST for April: SRB extends deadline till 24th

KARACHI: Sindh Revenue Board (SRB) has extended the last date for paying the Sindh Sales Tax (SST) for the April ...

Published 18 May, 2021 05:05am

Gainers
Losers
Leaders

Stock	Price
Haseeb Waqas / Nov 30 Haseeb Waqas Sugar Mills Limited(HWQS)	10.38 ▲ 1.00 (10.66%)
Bela Auto / Nov 30 Bela Automotives Limited(BELA)	8.79 ▲ 0.81 (10.15%)
Dewan Sugar / Nov 30 Dewan Sugar Mills Limited(DWSM)	2.70 ▲ 0.21 (8.43%)
Sec. Inv. Bank / Nov 30 Security Investment Bank Limited(SIBL)	6.50 ▲ 0.46 (7.62%)
Bannu Woollen / Nov 30 Bannu Woollen Mills Limited(BNWM)	30.21 ▲ 2.11 (7.51%)
Chashma / Nov 30 Chashma Sugar Mills Limited(CHAS)	65.58 ▲ 4.58 (7.51%)
Crescent Steel / Nov 30 Crescent Steel & Allied Products Limited(CSAP)	43.53 ▲ 3.04 (7.51%)
IBL HealthCare / Nov 30 IBL HealthCare Limited(IBLHL)	39.95 ▲ 2.79 (7.51%)
Atlas Honda Ltd / Nov 30 Atlas Honda Limited(ATLH)	373.27 ▲ 26.04 (7.50%)
MithchellsFruit / Nov 30 Mitchells Fruit Farms Limited(MFFL)	245.32 ▲ 17.12 (7.50%)

Stock	Price
Nazir Cotton Mills / Nov 30 Nazir Cotton Mills Limited(NCML)	3.07 ▼ -0.83 (-21.28%)
Trust Mod. / Nov 30 Trust Modaraba(TRSM)	1.43 ▼ -0.17 (-10.63%)
Dar-es-Salaam / Nov 30 Dar-es-Salaam Textile Mills Limited(DSML)	8.30 ▼ -0.95 (-10.27%)
Trust Sec.& Brok. / Nov 30 Trust Securities & Brokerage Limited(TSBL)	9.06 ▼ -0.94 (-9.40%)
Jahangir Sidd(Pref) / Nov 30 Jahangir Sidd(Pref)(JSCLPSA)	8.51 ▼ -0.74 (-8.00%)
Ideal Sp. / Nov 30 Ideal Spinning Mills Limited(IDSM)	14.66 ▼ -1.19 (-7.51%)
AKD Hospitality / Nov 30 AKD Hospitality Limited(AKDHL)	159.28 ▼ -12.91 (-7.50%)
Blessed Tex. / Nov 30 Blessed Textiles Limited(BTL)	317.28 ▼ -25.72 (-7.50%)
Universal Network (GEM) / Nov 30 Universal Network Systems Limited (GEM)(GEMUNSL)	32.99 ▼ -2.67 (-7.49%)
Metro Steel / Nov 30 Metropolitan Steel Corporation Limited(MSCL)	21.37 ▼ -1.73 (-7.49%)

Stock	Volume
B.O.Punjab / Nov 30 The Bank of Punjab(BOP)	50,052,966 ▼ -0.21
Cnergyico PK / Nov 30 Cnergyico PK Limited(CNERGY)	35,689,157 ▼ -0.07
Pak Refinery / Nov 30 Pakistan Refinery Limited(PRL)	35,409,231 ▼ -0.13
Fauji Fert Bin / Nov 30 Fauji Fertilizer Bin Qasim Limited(FFBL)	32,650,500 ▲ 1.67
WorldCall Telecom / Nov 30 Worldcall Telecom Limited(WTL)	30,751,189 ▼ -0.01
Fauji Foods Ltd / Nov 30 Fauji Foods Limited(FFL)	30,039,307 ▲ 0.58
Kohinoor Spining / Nov 30 Kohinoor Spinning Mills Limited(KOSM)	23,573,500 ▼ -0.20
The Searle Co. / Nov 30 The Searle Company Limited(SEARL)	21,694,598 ▼ -0.38
Dewan Cement / Nov 30 Dewan Cement Limited(DCL)	21,032,000 ▲ 0.07
Fauji Cement / Nov 30 Fauji Cement Company Limited(FCCL)	15,482,500 ▲ 0.67

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	147.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.27
Euro to USD / Nov 30	1.10
UK LIBOR % / Nov 29	5.46

Stock	Volume
S&P 500 / Nov 29	4550.58
Nasdaq / Nov 29	14258.49
Dow Jones / Nov 29	35430.42
India Sensex / Nov 30	66809.11
Tokyo Nikkei / Nov 30	33486.89
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7437.50
Germany DAX 30 / Nov 30	16203.24
France CAC40 / Nov 30	7279.08

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 29	17735
Gold 10 Grams PKR / Nov 29	185614
Crude Oil USD/Barrel / Nov 30	78.06
Gold Spot USD/Ounce / Nov 30	2044.28
Cotton US¢/pound / Nov 30	79.69

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