Trends - tax system - Business Recorder

tax system

Expert for enforcing tax writ firmly

ISLAMABAD: Former chairman Federal Board of Revenue (FBR) Shabbar Zaidi categorically said that the government has ...

Updated 29 Aug, 2022 09:47am

Business & Finance

KP traders call for simpler tax system

PESHAWAR: KP business community blamed the present cumbersome procedures and documentation process as the main ...

Published 25 Aug, 2022 06:08am

Business & Finance

PBF urges govt to incentivise investors, broaden tax net

KARACHI: President of Pakistan Businesses Forum (PBF) Mian Usman Zulfiqar has proposed to the economic managers to...

Published 02 Jun, 2022 07:00am

Opinion

A programme for economic prosperity

The answer to Pakistan’s dilemma must rely almost exclusively on the intrinsic resources and the people of...

Published 26 May, 2022 05:26am

Business & Finance

Proposals for budget: OICCI for simplification of tax system

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed to the government to simplify ...

Updated 15 May, 2022 08:30am

Presentation to PM being finalised by FBR

ISLAMABAD: The Federal Board of Revenue (FBR) will brief Prime Minister Shehbaz Sharif on the revenue...

Updated 13 Apr, 2022 10:24am

OICCI urges FBR to simplify tax system

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the Federal Board of Revenue...

Updated 31 Mar, 2022 10:13am

Opinion

FBR — making tax digital and beyond—I

For the first time in the history of the country FBR is keeping pace with changes taking place on the tax landscape...

Updated 28 Jan, 2022 06:02am

Editorials

Removal of distortions

EDITORIAL: Dr Muhammad Ashfaq, Chairman Federal Board of Revenue (FBR), while briefing the Senate Standing Committee...

Updated 10 Jan, 2022 09:14am

PM, noted economist discuss tax system

ISLAMABAD: Prime Minister Imran Khan said on Thursday that the government is trying to bring about improvement and...

Updated 19 Nov, 2021 09:43am

Business & Finance

G7 leaders vow to end ‘race to bottom’ on taxes

CARBIS BAY, (United Kingdom): The G7 on Sunday advanced a plan to impose a global minimum corporation tax and a...

Published 14 Jun, 2021 03:39am

Business & Finance

Dr Haq terms budget 2021-22 'regressive, anti-growth'

LAHORE: Renowned tax expert Dr Ikram Ul Haq has termed the budget 2021-22 regressive and anti-growth as usual, ...

Published 13 Jun, 2021 03:56am

Business & Finance

Taxation may reduce tobacco consumption

LAHORE: Tobacco is a highly lethal and addictive substance endangering millions of lives every year. Consumed in any...

Published 02 Jun, 2021 04:29am

Pakistan

Tobacco products: Government urged to introduce single-tier tax system

ISLAMABAD: Anti-tobacco activists and experts on Tuesday urged the government to introduce a single-tier taxation...

Published 19 May, 2021 06:00am

Business & Finance

Simplifying tax system priority of the govt, PM Khan

PM Khan has directed the Economic Advisory Council to present a road-map envisaging short, medium and long-term measures for economic stability and sustainable growth.

Published 22 Apr, 2021 03:10pm

Business & Finance

Pakistan’s powerful groups enjoy economic privileges of over $17bn: UNDP Report

The report highlights that the poorest and richest Pakistanis live in completely different countries, with literacy levels, health outcomes, and living standards that are poles apart.
Pakistan’s tax system does not contribute significantly to reducing inequality in the country due to low share of direct taxation, which is under 20 percent.

Updated 14 Apr, 2021 11:56am

PM asks FBR to focus on seven major areas

ISLAMABAD: Prime Minister Imran Khan Friday directed the Federal Board of Revenue (FBR) to focus on seven major...

Published 06 Mar, 2021 05:01am

Gainers
Losers
Leaders

Stock	Price
Orient Rental / Sep 28 Orient Rental Mod(ORM)	6.80 ▲ 0.69 (11.29%)
Huffaz Seamless / Sep 28 Huffaz Seamless Pipe Industries Limited(HSPI)	10.40 ▲ 0.90 (9.47%)
TPL Corp Ltd / Sep 28 TPL Corp Limited(TPL)	8.60 ▲ 0.71 (9.00%)
Jah.Sidd. Co. / Sep 28 Jahangir Siddiqui & Co. Ltd.(JSCL)	13.56 ▲ 1.00 (7.96%)
Crescent Cotton / Sep 28 Crescent Cotton Mills Limited(CCM)	35.85 ▲ 2.50 (7.50%)
Ghandhara Ind. / Sep 28 Ghandhara Industries Limited(GHNI)	154.44 ▲ 10.77 (7.50%)
Ghand Nissan / Sep 28 Ghandhara Nissan Limited(GHNL)	60.92 ▲ 4.25 (7.50%)
AL-Noor Sugar / Sep 28 Al-Noor Sugar Mills Limited(ALNRS)	78.60 ▲ 5.48 (7.49%)
Clover Pakistan / Sep 28 Clover Pakistan Limited(CLOV)	22.09 ▲ 1.54 (7.49%)
Data Agro / Sep 28 Data Agro Limited(DAAG)	16.55 ▲ 1.15 (7.47%)

Stock	Price
Sapphire Fibres / Sep 28 Sapphire Fibres Limited(SFL)	1221 ▲ -99.00 (-7.50%)
Suraj Cotton / Sep 28 Suraj Cotton Mills Limited(SURC)	184.08 ▲ -14.92 (-7.50%)
The Thal Ind.Corp. / Sep 28 The Thal Industries Corporation Limited(TICL)	275.66 ▲ -22.34 (-7.50%)
Reliance Weaving / Sep 28 Reliance Weaving Mills Limited(REWM)	63.83 ▲ -5.17 (-7.49%)
Bal. Wheel / Sep 28 Baluchistan Wheels Limited(BWHL)	67.01 ▲ -5.38 (-7.43%)
Dewan Textile / Sep 28 Dewan Textile Mills Limited(DWTM)	2.50 ▲ -0.20 (-7.41%)
Shadab Textile / Sep 28 Shadab Textile Mills Limited(SHDT)	19.50 ▲ -1.55 (-7.36%)
B. F. Mod. / Sep 28 B.F. Modaraba(BFMOD)	5.05 ▲ -0.39 (-7.17%)
Dandot Cement / Sep 28 Dandot Cement Company Limited(DNCC)	7.25 ▲ -0.55 (-7.05%)
Pak Datacom / Sep 28 Pak Datacom Limited(PAKD)	59.65 ▲ -4.35 (-6.80%)

Stock	Volume
TPL Properties / Sep 28 TPL Properties Limited(TPLP)	26,874,846 ▼ 0.00
TRG Pak Ltd / Sep 28 TRG Pakistan Limited(TRG)	20,685,643 ▼ 0.00
K-Electric Ltd. / Sep 28 K-Electric Limited(KEL)	12,822,500 ▼ 0.00
Cnergyico PK / Sep 28 Cnergyico PK Limited(CNERGY)	12,511,360 ▼ 0.00
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	12,083,000 ▼ 0.00
Fauji Cement / Sep 28 Fauji Cement Company Limited(FCCL)	10,639,500 ▼ 0.00
Ghani Glo Hol / Sep 28 Ghani Global Holdings Limited(GGL)	9,498,996 ▼ 0.00
Unity Foods Ltd / Sep 28 Unity Foods Limited(UNITY)	8,175,837 ▼ 0.00
Pak Refinery / Sep 28 Pakistan Refinery Limited(PRL)	6,636,117 ▼ 0.00
TPL Corp Ltd / Sep 28 TPL Corp Limited(TPL)	4,820,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 27	234.85
USD PKR Interbank Buying / Sep 27	233.85
USD to Japanese Yen / Sep 27	144.75
USD to Swiss Franc / Sep 27	0.99
Pound Sterling to USD / Sep 27	1.07
Euro to USD / Sep 27	0.96
UK LIBOR % / Sep 26	3.07

Stock	Volume
S&P 500 / Sep 27	3626.57
India Sensex / Sep 27	57107.52
Tokyo Nikkei / Sep 27	26571.87
Nasdaq / Sep 27	10790
Hang Seng / Sep 27	17755.57
FTSE 100 / Sep 27	6984.59
Dow Jones / Sep 27	29118.51
Germany DAX 30 / Sep 27	12139.68
France CAC40 / Sep 27	5753.82

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 26	22235
Gold 10 Grams PKR / Sep 26	122857
Crude Oil USD/Barrel / Sep 27	77.79
Gold Spot USD/Ounce / Sep 27	1632.46
Cotton US¢/pound / Sep 27	88.12

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