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Tax

Benefits of reforms to reach masses ‘soon’: Farrukh

FAISALABAD: State Minister for Information and Broadcasting Farrukh Habib has said that people will soon start...

Published 13 Dec, 2021 06:45am

Business & Finance

POS-integrated Tier-1 retail outlets: FBR launches much-awaited prize scheme for shoppers

ISLAMABAD: Federal Board of Revenue (FBR) has launched the much-awaited prize scheme for the shoppers from...

Published 13 Dec, 2021 06:45am

Business & Finance

New valuation of properties: FBR to engage SBP experts

ISLAMABAD: The FBR has decided to engage top property valuation experts of the State Bank of Pakistan to have...

Published 07 Dec, 2021 06:29am

Pakistan

PAJCCI welcomes Asif Jah’s appointment as FTO

PESHAWAR: Vice President, Pak-Afghan Joint Chamber of Commerce and Industry (PAJCCI), Ziaul-Haq Sarhadi has welcomed...

Published 06 Dec, 2021 06:19am

Editorials

‘Elite capture’ challenge

EDITORIAL: Prime Minister Imran Khan while giving an interview to Hamza Yusuf, President, Zaytuna College,...

Published 30 Nov, 2021 05:23am

Pakistan

Tax breaks kick country’s electric car shift into higher gear

ISLAMABAD: Businessman Nawabzada Kalam Ullah Khan had been planning to swap his family’s petrol-powered cars for...

Published 23 Nov, 2021 03:54am

Business & Finance

IT refunds: FTO issues order against CTOL

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued a landmark order against an Inland Revenue Commissioner of the...

Published 22 Nov, 2021 05:31am

Business & Finance

All imports of Afghanistan: SAARC chamber hails decision to abolish tax

ISLAMABAD: SAARC Chamber of Commerce and Industry Sunday expressed its gratitude to Pakistan for abolishing tax on...

Published 15 Nov, 2021 05:42am

Pakistan

Corrupt taxmen: Delays in inquiries will cost FBR officials dearly

ISLAMABAD: The Federal Board of Revenue (FBR) will withdraw special allowance of the inquiry officials, who will ...

Published 12 Nov, 2021 04:46am

Opinion

'Tax havens'

This is apropos a Business Recorder op-ed "Tax havens" carried by the newspaper sometime ago. The writer, Farhat ...

Published 08 Nov, 2021 05:19am

Business & Finance

Shift to digital mode of payments: FBR extends deadline to November 30

Extension comes after 40-day grace period granted earlier expired on October 31

Updated 01 Nov, 2021 07:19pm

Business & Finance

BankIslami declares Rs1.85bn PAT for 9 months

KARACHI: BankIslami Pakistan announced financial results for the nine months ended September 30, 2021. Despite...

Published 29 Oct, 2021 05:05am

Business & Finance

After KTBA, FPCCI also criticises FBR's 'digital payments' measure

Writes letter to FBR chairman, says amendment made without taking business community on board

Updated 26 Oct, 2021 09:11pm

Business & Finance

KTBA calls FBR's digital payments measure 'anti-business, contradictory'

Writes letter to FBR chairman, argues provision of law is anti-business; sans due diligence and is incorporated without taking the stakeholders into confidence

Updated 25 Oct, 2021 08:58pm

Business & Finance

UK's Sunak says inflation, rates feed into budget thinking

LONDON: British finance minister Rishi Sunak said on Sunday that the outlook for interest rates and inflation will...

Updated 24 Oct, 2021 02:46pm

Business & Finance

China to expand property tax trial to check speculation

BEIJING: China is set to expand pilot property tax reforms, state media reported, as the government battles real...

Published 24 Oct, 2021 10:09am

Editorials

Income tax amendment Ordinance issues

EDITORIAL: The fifteen days extended date for filing of Income tax returns has ended on 15th October. The rationale...

Published 18 Oct, 2021 04:42am

World

Panama fears could be hit by new ICIJ 'Pandora Papers' leak

PANAMA CITY: Panama fears the publication Sunday of a new expose about financial secrecy in global tax havens could...

Published 03 Oct, 2021 01:54pm

BR Research

Filing returns!

The FBR gave in and extended the tax submission deadline by 15 days as reports of the system choking grew on the ...

Published 01 Oct, 2021 07:25am

Business & Finance

El Salvador: Foreign investors exempt from tax on bitcoin profits

SAN SALVADOR: El Salvador will exempt foreign investors from taxes on profits on bitcoin speculation in the country,...

Published 12 Sep, 2021 03:55am

World

UK's PM breaks tax pledge to fund new care for elderly

LONDON: Breaking an election pledge not to raise taxes, British Prime Minister Boris Johnson on Tuesday announced...

Published 07 Sep, 2021 05:42pm

Real estate sector: PALSP urges FBR to conduct audit of tax contributions

ISLAMABAD: The documented steel sector has asked the Federal Board of Revenue (FBR) to conduct audit of the income...

Published 07 Sep, 2021 06:29am

European banks active in tax havens despite scandals: survey

Brussels: European banks have not reduced their presence in tax havens, despite several scandals that have revealed...

Updated 07 Sep, 2021 10:09am

Business & Finance

PM Imran confident of 'comfortably acheiving' Rs5.82tn annual tax target

Prime Minister Imran Khan is optimistic that the Federal Board of Revenue (FBR) will ‘comfortably achieve’ the...

Published 01 Sep, 2021 12:37pm

Business & Finance

Half-year financial results: FCEPL posts revenue growth

KARACHI: Friesland Campina Engro Pakistan Limited (FCEPL) announced its financial results for the half year ended...

Published 22 Aug, 2021 04:09am

Pakistan

Tax on agri income in Sindh declines

KARACHI: The tax on agriculture income in Sindh fell to Rs607 million in the financial year ended on June 30, 2021...

Published 19 Aug, 2021 04:15am

Pakistan

ATIR summons LTO Islamabad officer over income tax matter

ISLAMABAD: The Appellate Tribunal Inland Revenue Pakistan (ATIR) has taken a serious notice of a tax matter and...

Published 09 Aug, 2021 05:05am

Markets

Russia mulls pegging tax on mining firms

MOSCOW: Russia is considering pegging a mineral extraction tax (MET) levied on its metals producers to the global...

Published 01 Aug, 2021 04:46am

Business

FBR forms committee for tax base expansion

LAHORE: The Federal Board of Revenue (FBR) has formed a committee for tax base expansion throughout integration of...

Published 28 Jul, 2021 04:45am

Over Rs25,000 power bill/month: 7.5pc tax to be imposed on non-filers

ISLAMABAD: The government has made electricity 7.5 percent more expensive for domestic non-filer consumers whose...

Updated 27 Jul, 2021 09:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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