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tax revenues

Finance Bill 2025–26: CAP urges govt to overhaul retail tax structure

LAHORE: Pakistan’s organized retail sector on Friday urged the government to overhaul the current retail taxation...

Published 31 May, 2025 05:56am

Editorials

Bridging policy gaps in IT sector

EDITORIAL: The increasingly pivotal role that the country’s IT sector plays in driving national development — by...

Published 23 May, 2025 06:12am

Business & Finance

Pakistan’s tax-to-GDP ratio declines in FY2024–25, says think tank

ISLAMABAD: An economic thinktank has claimed that the tax-to-gross domestic product (GDP) ratio of the Federal Board...

Updated 20 May, 2025 08:52am

Budget 2025-26

IMF sets 11 new structural benchmarks for Pakistan under $7bn EFF

ISLAMABAD: The International Monetary Fund (IMF) has set eleven new structural benchmarks (SBs) for the ongoing $7...

Updated 19 May, 2025 09:52am

World Bank rates $118m KP project as ‘moderately satisfactory’

ISLAMABAD: The World Bank has rated the implementation progress of the “Khyber Pakhtunkhwa Revenue Mobilization and...

Updated 11 May, 2025 09:49am

Pakistan

PDP assails govts over poor infrastructure of Karachi

KARACHI: Poor infrastructure of the megacity Karachi is the main hindrance to its development but sadly the federal...

Published 31 Mar, 2025 04:08am

ACT Alliance report: Tax regime inflicts huge losses on economy

ISLAMABAD: Pakistan’s economy is losing over a staggering Rs300 billion annually due to an unsustainable tax regime,...

Updated 13 Mar, 2025 08:43am

Opinion

Unravelling cigarette tax revenue mystery

The first half of fiscal year 2025 has painted a perplexing picture of Pakistan’s cigarette industry. The latest...

Published 11 Mar, 2025 06:25am

Editorials

EFF arrangement: the first review

EDITORIAL: The IMF (International Monetary Fund) mission is currently in Pakistan to conduct the first review under...

Updated 07 Mar, 2025 06:35am

BR Research

Fiscal gains with pain

The fiscal consolidation continues. In 1HFY25, the government posted the lowest fiscal deficit as a percentage of...

Published 11 Feb, 2025 08:54am

Editorials

Controlling smuggling

EDITORIAL: Prime Minister Shehbaz Sharif’s call for enhanced technological measures to check smuggling is not only...

Published 22 Jan, 2025 06:15am

Pakistan

Global poll: ‘Almost half of taxpayers don’t see their taxes being spent for public good’

KARACHI: Across the globe taxpayers support the idea of a fiscal contract – citizens agreeing to pay tax in...

Published 22 Dec, 2024 02:57am

Opinion

Falling industrial production

The statistics on the Quantum Index of Manufacturing (QIM) has been released recently for the first quarter of...

Updated 03 Dec, 2024 06:30am

FCDO supports reforms programme: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired a meeting with Melinda Bohannon,...

Updated 03 Dec, 2024 09:20am

Standardising financial regimes: Aurangzeb highlights importance

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with a delegation of...

Updated 27 Nov, 2024 09:21am

BR Research

IMF: Steady does it

The IMF’s “no surprises” visit comes to a close and the team has gone back. The mission was here for a stock-taking...

Published 18 Nov, 2024 08:49am

Business & Finance

LoI to IMF: govt pledges fiscal discipline

ISLAMABAD: The government has committed to the International Monetary Fund (IMF) that it would contain non-priority...

Published 12 Oct, 2024 06:17am

Opinion

Will Pakistan ever break free from the IMF cycle?

“You can’t solve a problem with the same mindset that created it.” This quotation, attributed to Albert...

Updated 04 Oct, 2024 08:34am

Business & Finance

CG praises role of American businesses in Pakistan

KARACHI: The Consul General of the United States of America in Karachi Scott Urbom has said that American businesses...

Published 04 Oct, 2024 06:46am

Finally, $7bn EFF approved by IMF board

First loan tranche of nearly $1.1 billion is likely to be received by September 30

Updated 26 Sep, 2024 02:21pm

Pakistan

PDP leader says federal budget won’t help improve economy

KARACHI: This budget like the previous ones is also dictated by the International Monetary Fund (IMF) and it would ...

Published 15 Jun, 2024 06:57am

BR Research

Too far gone!

The stability of the Pakistani economy—and ultimately its frequent collapses—hinges greatly on how subsequent...

Published 13 Jun, 2024 08:12am

Business & Finance

Most of budget targets in line with IMF guidelines: analysts

KARACHI: The federal budget will continue the fiscal consolidation seen last year and most of the targets are in ...

Published 13 Jun, 2024 06:22am

Opinion

Need for a balanced revenue-sharing framework

One of the key demands of the IMF is to increase the tax-to-GDP ratio to 13-14 percent by the end of the upcoming...

Updated 20 May, 2024 06:21am

Opinion

Tax reforms: Aurangzeb has a difficult road ahead

Reportedly, the IMF expects FBR tax revenues to grow by over 30 percent in the upcoming fiscal year (FY25). However,...

Published 13 May, 2024 06:08am

9MFY24 collection: Provinces given 53pc of total revenue under NFC Award

ISLAMABAD: The provinces were transferred 53 percent of the total tax revenue collected during the first nine months...

Updated 03 May, 2024 09:31am

Editorials

Fiscal house needs repairs

EDITORIAL: The fiscal summary is a mixed bag in 1HFY24 (first six months of fiscal year 2023-24) as the government...

Published 02 Feb, 2024 05:20am

‘Innovative’ plan set to reduce circular debt

ISLAMABAD: Caretaker Minister for Power and Petroleum, Muhammad Ali, has set an extremely ambitious circular debt...

Updated 31 Jan, 2024 09:32am

BR Research

Circular debt settlement plan

The circular debt settlement plan of Rs1,268 billion developed by the Ministry of Energy (MoE) is making rounds in...

Published 24 Jan, 2024 07:53am

Business & Finance

Rs66bn more than target: Jul-Oct provisional collection stands at Rs2.748trn

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs2,748 billion during the first four...

Updated 01 Nov, 2023 09:05am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 19	283.73
USD PKR Interbank Buying / Jun 19	283.53
USD to Japanese Yen / Jun 19	145.26
USD to Swiss Franc / Jun 19	0.82
Pound Sterling to USD / Jun 19	1.34
Euro to USD / Jun 19	1.15
UK LIBOR % / Jun 18	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 19	81,415.69
Tokyo Nikkei / Jun 19	38,488.34
Hang Seng / Jun 19	23,203.65
FTSE 100 / Jun 19	8,808.78
Germany DAX 30 / Jun 19	23,175.77
France CAC40 / Jun 19	7,594.91

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 18	16,785
Gold 10 Grams PKR / Jun 18	307,831
Petrol/Litre / Jun 19	258.43
Crude Oil USD/Barrel / Jun 19	75.58
Gold Spot USD/Ounce / Jun 19	3,356.54
Diesel/Litre / Jun 19	262.59
Cotton US¢/pound / Jun 19	66.67

Gainers
Losers
Leaders

Stock	Price
Equity Modaraba / Jun 19 First Equity Modaraba(FEM)	3.89 ▲ 0.63 (19.33%)
Askari Life Assur. / Jun 19 Askari Life Assurance Company Limited(ALAC)	7.40 ▲ 1 (15.63%)
Grays Leasing / Jun 19 Grays Leasing Limited(GRYL)	6.82 ▲ 0.8 (13.29%)
Yousuf Weaving / Jun 19 Yousaf Weaving Mills Limited(YOUW)	4.63 ▲ 0.51 (12.38%)
Ghazi Fabrics / Jun 19 Ghazi Fabrics International Limited(GFIL)	10.07 ▲ 1 (11.03%)
Invest Bank / Jun 19 Invest Capital Investment Bank Limited(ICIBL)	8.74 ▲ 0.83 (10.49%)
Escorts Bank / Jun 19 Escorts Investment Bank Limited(ESBL)	6.08 ▲ 0.57 (10.34%)
Crescent Textile / Jun 19 The Crescent Textile Mills Limited(CRTM)	20.85 ▲ 1.9 (10.03%)
Service Textile / Jun 19 Service Industries Textiles Limited(SERT)	21.64 ▲ 1.97 (10.02%)
Int. Knit. / Jun 19 International Knitwear Limited(INKL)	22.41 ▲ 2.04 (10.01%)

Stock	Price
PIA Holding Co.B / Jun 19 PIA Holding Company Limited B(PIAHCLB)	12,393.10 ▼ -1377.05 (-10%)
Pakgen Power / Jun 19 Pakgen Power Limited(PKGP)	192.29 ▼ -21.36 (-10%)
Sardar Chemical / Jun 19 Sardar Chemical Industries Limited(SARC)	62.45 ▼ -6.94 (-10%)
Pak Synthetics / Jun 19 Pakistan Synthetics Limited(PSYL)	60.78 ▼ -6.75 (-10%)
Shadman Cotton / Jun 19 Shadman Cotton Mills Limited(SHCM)	55.87 ▼ -6.21 (-10%)
Mughal Iron & Steel(C) / Jun 19 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	45.02 ▼ -4.55 (-9.18%)
ECOPACK Ltd / Jun 19 Ecopack Limited(ECOP)	68.30 ▼ -5.5 (-7.45%)
F.Credit & Inv / Jun 19 First Credit and Investment Bank Limited(FCIBL)	9.16 ▼ -0.71 (-7.19%)
Agritech Limited / Jun 19 Agritech Limited(AGL)	54.64 ▼ -3.92 (-6.69%)
Faisal Sp. / Jun 19 Faisal Spinning Mills Limited(FASM)	280.10 ▼ -19.29 (-6.44%)

Stock	Volume
WorldCall Telecom / Jun 19 Worldcall Telecom Limited(WTL)	39,196,770 ▼ -0.02
Sui South Gas / Jun 19 Sui Southern Gas Company Limited(SSGC)	27,626,141 ▼ -0.64
First Prudential Mod. / Jun 19 First Prudential Modaraba(PMI)	23,598,338 ▲ 0.06
Pervez Ahmed Consultancy / Jun 19 Pervez Ahmed Consultancy Services Ltd.(PASL)	18,224,998 ▲ 0.1
PIA Holding Co.Ltd / Jun 19 PIA Holding Company Limited(PIAHCLA)	15,756,662 ▼ -0.51
Invest Bank / Jun 19 Invest Capital Investment Bank Limited(ICIBL)	12,168,818 ▲ 0.83
Yousuf Weaving / Jun 19 Yousaf Weaving Mills Limited(YOUW)	11,001,524 ▲ 0.51
K-Electric Ltd. / Jun 19 K-Electric Limited(KEL)	10,362,516 ▼ -0.12
Merit Packaging / Jun 19 Merit Packaging Limited(MERIT)	10,009,371 ▼ -0.81
Secure Logistics / Jun 19 Secure Logistics Group Limited(SLGL)	10,002,357 ▲ 0.69

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