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tax system

Anomalies in Finance Bill: FBR forms two committees

ISLAMABAD: The Federal Board of Revenue (FBR) has formed two anomaly committees to identify and remove the technical...

Updated 14 Jun, 2025 09:28am

Direct taxes’ share jumps to 48.7% in Pakistan

ISLAMABAD: The share of direct taxes in overall tax collection of the Federal Board of Revenue (FBR) rose to 48.7...

Updated 10 Jun, 2025 10:41am

Business & Finance

Tola suggests MAT via CVT

LAHORE: Taxonomist Ashfaq Yousuf Tola has suggested introduction of Minimum Asset Tax (MAT) via Capital Value Tax...

Published 05 Jun, 2025 06:53am

Budget 2025-26

ACCA releases budget proposal for FY 2025–26

KARACHI: ACCA Pakistan has released its Budget Proposal for FY 2025–26, offering a strategic, reform-driven ...

Published 24 May, 2025 07:43am

PM assures presidents of chambers of commerce: Steps being taken to ensure access to easy business loans

Premier stresses efforts to lower electricity costs

Updated 24 May, 2025 10:41am

Business & Finance

Tax system termed barrier to economic growth

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

Published 21 May, 2025 06:28am

National Targeting System unveiled to combat sales tax evasion

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday issued stern directives to overhaul the Federal Board of Revenue...

Updated 21 May, 2025 09:57am

Pakistan

Green Leaf Threshing (GLT) unit: Govt planning to deploy FC personnel for monitoring

ISLAMABAD: The government is planning to deploy Frontier Constabulary force in Khyber Pakhtunkhwa to ...

Published 16 May, 2025 03:06am

China, KSA, UAE briefed about economy

Minister for Finance and Revenue Muhammad Aurangzeb hold meetings on sidelines of the IMF-World Bank Spring Meetings in Washington

Updated 25 Apr, 2025 09:20am

Editorials

A tax framework designed to fail

EDITORIAL: The country’s fundamentally flawed tax system has long undermined the business environment, slowed...

Published 28 Mar, 2025 06:24am

Business & Finance

PM chairs meeting on performance of FBR

ISLAMABAD: On his return from Saudi Arabia, Prime Minister Muhammad Shehbaz Sharif Saturday chaired a meeting on the...

Published 23 Mar, 2025 05:26am

World Bank likely to approve additional IDA credit to PRR

$70 million in additional investment financing for the Federal Board of Revenue will support its new Transformation Plan

Updated 23 Mar, 2025 10:26pm

Tax system digitalisation: FBR reconstitutes project management team

ISLAMABAD: The Federal Board of Revenue (FBR) has reconstituted a project management team for tax system...

Updated 13 Mar, 2025 08:44am

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

Opinion

Striking delicate balance between transparency and dispute resolution

Alternative dispute resolution (ADR) has become an essential mechanism for resolving tax disputes efficiently and...

Published 26 Feb, 2025 06:30am

Business & Finance

Govt urged to simplify tax system

KARACHI: Former Chairman of UBG and business leader Iftikhar Ali Malik has emphasized that the government must...

Published 13 Feb, 2025 08:13am

Opinion

India’s budget: a forward thinking, citizen friendly approach to salaried class

India Finance Minister Nirmala Sitharaman presented the Indian Union Budget in the Lok Sabha in Delhi on February 1,...

Updated 04 Feb, 2025 07:10am

Business & Finance

Improved tax system: Furniture Association presents suggestions

LAHORE: The Furniture Association presented recommendations to improve the tax system and reaffirmed its commitment...

Published 22 Jan, 2025 06:06am

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

Technology

Revenue monitoring: Dashboard to be developed for transparency

LAHORE: In collaboration with the Punjab Information Technology Board (PITB), the Punjab Excise and Taxation...

Published 11 Jan, 2025 02:48am

FBR infrastructure described as ‘critical infrastructure’

Objective of this to protect FBR’s highly sensitive data from cyber attacks such as hacking and any unlawful intervention

Updated 08 Jan, 2025 03:27pm

Business & Finance

PBF demands govt restructure tax machinery

LAHORE: Pakistan Business Forum (PBF) has called on the federal government to restructure the Federal Board of...

Published 31 Dec, 2024 06:32am

Aurangzeb for bringing elite class into tax net

FAISALABAD: Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb said on Sunday that the elite...

Updated 30 Dec, 2024 02:42pm

Tax laws bill gets Senate panel’s nod

ISLAMABAD: The Senate Standing Committee on Finance and Revenue, on Thursday, unanimously, recommended the “Tax Laws...

Updated 27 Dec, 2024 03:15pm

Aurangzeb vows to overhaul tax machinery

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb has reiterated the government’s...

Updated 21 Dec, 2024 02:47pm

Business & Finance

What is Tax Laws (Amendment) Bill, 2024 introduced in National Assembly?

Finance Minister Muhammad Aurangzeb introduced the Tax Laws (Amendment) Bill, 2024 in the National Assembly (NA) on...

Published 18 Dec, 2024 09:06pm

Opinion

Lack of awareness of IMF conditions

Pakistan’s private sector elite in industry and the farm sectors, major non-institutional recipients of budgeted...

Updated 16 Dec, 2024 07:42am

Business & Finance

Banking sector’s ADR climbs to nearly 48% as of Nov 29

The banking sector’s gross Advance-to-Deposit Ratio (ADR) maintained its upward trajectory, hitting nearly 48% as of...

Updated 11 Dec, 2024 11:01pm

Business & Finance

‘Clever’ taxpayer fails to bypass established procedures

LAHORE: A ‘clever’ taxpayer has failed to bypass the established procedures for resolving tax disputes, as the...

Published 11 Dec, 2024 08:38am

Business & Finance

Mian Zahid terms tax system ‘inefficient’

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

Published 16 Nov, 2024 06:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	146.09
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
India Sensex / Jun 20	82,408.17
Tokyo Nikkei / Jun 20	38,403.23
Nasdaq / Jun 20	19,447.41
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,774.65
Dow Jones / Jun 20	42,206.82
Germany DAX 30 / Jun 20	23,350.55
France CAC40 / Jun 20	7,589.66

Item	Value
Crude Oil USD/Barrel / Jun 20	74.93
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Gold Spot USD/Ounce / Jun 20	3,368.39
Cotton US¢/pound / Jun 20	66.70
Petrol/Litre / Jun 21	258.43
Diesel/Litre / Jun 21	262.59

Gainers
Losers
Leaders

Stock	Price
The Thal Ind.Corp. / Jun 20 The Thal Industries Corporation Limited(TICL)	356 ▲ 40.99 (13.01%)
Faisal Sp. / Jun 20 Faisal Spinning Mills Limited(FASM)	313.91 ▲ 33.82 (12.07%)
First Elite Cap.Mod / Jun 20 First Elite Capital Modaraba(FECM)	33.53 ▲ 3.42 (11.36%)
Burj Clean Energy Modaraba / Jun 20 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.90 ▲ 1 (11.24%)
Crescent Fib. / Jun 20 Crescent Fibres Limited(CFL)	50.25 ▲ 5 (11.05%)
Hala Enterprise / Jun 20 Hala Enterprises Limited(HAEL)	25.43 ▲ 2.33 (10.09%)
Shams Textile / Jun 20 Shams Textile Mills Limited(STML)	31.52 ▲ 2.87 (10.02%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Macter Int. Ltd / Jun 20 Macter International Limited(MACTER)	621.82 ▲ 56.53 (10%)

Stock	Price
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.92 ▼ -2.14 (-14.21%)
Sindh Abadgar / Jun 20 Sindh Abadgar's Sugar Mills Limited(SASML)	61.07 ▼ -7.82 (-11.35%)
Nets Internat.Comm. / Jun 20 Nets International Communication Limited(GEMNETS)	41 ▼ -4.9 (-10.68%)
Shadman Cotton / Jun 20 Shadman Cotton Mills Limited(SHCM)	50.28 ▼ -5.59 (-10.01%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.83 ▼ -1239.27 (-10%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	173.06 ▼ -19.23 (-10%)
Sardar Chemical / Jun 20 Sardar Chemical Industries Limited(SARC)	56.21 ▼ -6.24 (-9.99%)
Int. Knit. / Jun 20 International Knitwear Limited(INKL)	20.18 ▼ -2.23 (-9.95%)
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	2.49 ▼ -0.27 (-9.78%)
Calcorp Ltd / Jun 20 Calcorp Limited(CASH)	40.61 ▼ -4.39 (-9.76%)

Stock	Volume
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	42,791,268 ▼ -0.04
TRG Pak Ltd / Jun 20 TRG Pakistan Limited(TRG)	26,664,589 ▼ -4.92
Pervez Ahmed Consultancy / Jun 20 Pervez Ahmed Consultancy Services Ltd.(PASL)	25,526,681 ▼ -0.26
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	24,497,580 ▲ 0.29
K-Electric Ltd. / Jun 20 K-Electric Limited(KEL)	14,445,689 ▲ 0.08
Sui South Gas / Jun 20 Sui Southern Gas Company Limited(SSGC)	13,554,568 ▼ -0.06
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	9,805,036 ▼ -0.27
Dewan Cement / Jun 20 Dewan Cement Limited(DCL)	9,257,161 ▼ -0.86
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	8,867,595 ▼ -0.26
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	8,518,206 ▲ 0.01

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