Trends - Taxation - Business Recorder

Taxation

Beyond growth: Pakistan’s war against poverty, privilege, and the digital divide

Let’s not sugarcoat it — Pakistan is a land of jarring contrasts. In one part of town, a billionaire is escorted...

Published 24 Jun, 2025 06:33am

Business & Finance

Food sector: PVMA Chairman terms Federal Budget disappointing

KARACHI: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has termed the...

Published 14 Jun, 2025 06:04am

Budget 2025-26

Tariff cuts to cause Rs200bn revenue loss

ISLAMABAD: The tariff rationalization including changes in import duties slabs, abolition/reduction in customs...

Updated 13 Jun, 2025 09:35am

Technology

Federal ministers propose revision in e-commerce taxation framework to support SMEs

Govt proposed 18% sales tax on sales of goods to be sold by e-commerce platforms

Published 12 Jun, 2025 08:19pm

Budget 2025-26

Budget to spell doom for Pakistan’s IT industry: P@SHA

KARACHI: Outrightly rejecting the budget 2025-26, IT industry said budget has fatally ignored Pakistan’s IT and...

Updated 12 Jun, 2025 12:00pm

Business & Finance

Pakistan traders, consumers, politicians reject taxation measures

PESHAWAR: Traders, consumers and politicians have rejected the federal budget and warned that imposition of massive...

Updated 12 Jun, 2025 12:05pm

Budget 2025-26

Finance Bill 2025 nearly done: Rs200bn new tax measures of GST, FED expected

ISLAMABAD: The Federal Board of Revenue (FBR) has almost finalized Finance Bill (2025-26) and expected to announce...

Updated 06 Jun, 2025 09:20am

Business & Finance

Ride-hailing sector calls for fair taxation

KARACHI: Ride-hailing sector in Pakistan has called for fair and progressive taxation framework in the coming fiscal budget. ...

Updated 31 May, 2025 07:27am

Budget 2025-26

Engine capacity above 1300cc: FBR proposes increase in WHT rates on vehicles

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to increase withholding tax rates on vehicles having...

Updated 28 May, 2025 05:25pm

Budget 2025-26

FPCCI extends tenure of officebearers by a year

KARACHI: Executive Committee and general body of the Federation of Pakistan Chamber of Commerce and Industry (FPCCI)...

Updated 26 May, 2025 08:46am

Editorials

Taxation system needs fundamental reform

EDITORIAL: Reportedly, the World Bank (WB) deferred the approval of additional International Development Association...

Published 26 May, 2025 05:56am

Business & Finance

Illegal cigarette trade constitutes revenue, regulatory challenge

LAHORE: The rise of illicit cigarette manufacturing and sales has emerged as one of Pakistan’s most serious ...

Published 26 May, 2025 05:56am

Budget 2025-26

Budget 2025-26: Traders for elimination of double taxation, cut in ST rate on services

PESHAWAR: Traders through various proposals for the Khyber Pakhtunkhwa fiscal budget for 2025-26, has urged the...

Updated 26 May, 2025 08:46am

Business trust improves significantly: OICCI’s survey

ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) on Thursday unveiled the results of its...

Updated 23 May, 2025 09:23am

Pakistan

Budget FY26: govt to continue fiscal consolidation, follow IMF guidelines, says Topline

The government is likely to continue fiscal consolidation in the upcoming budget and is expected to closely align...

Updated 22 May, 2025 10:55pm

Business & Finance

Pakistan’s tobacco exporters urge competitive tax model, cite challenges for smaller firms

Pakistan tobacco exporters have warned that the current tax structure ‘poses a challenge’, especially for smaller...

Published 20 May, 2025 12:02pm

Editorials

The IMF nod, and after

EDITORIAL: The International Monetary Fund’s (IMF’s) approval of USD 2.4 billion in financing for Pakistan...

Published 13 May, 2025 06:15am

Agreed with IMF for RSF: MoF urges ministries to implement taxation measures

ISLAMABAD: The Ministry of Finance has urged the concerned ministries to ensure implementation of taxation measures...

Updated 10 Apr, 2025 09:28am

Editorials

The high cost of punitive taxation

EDITORIAL: The fundamentally flawed nature of the tax regime operational in Pakistan is both well-documented and...

Published 19 Mar, 2025 05:48am

Opinion

Pakistan’s taxation trap: overburdening formal economy feeds the informal

Tax compliance in Pakistan has been dismal for decades, and every increase in tax rates or the imposition of new...

Published 17 Mar, 2025 06:37am

BR Research

How overregulation is strangling Pakistan’s formal sector

In Pakistan’s evolving business landscape, the contrast between the formal and informal sectors is stark. On one...

Published 13 Mar, 2025 07:02am

Business & Finance

Rising costs, taxes dampen construction activity: ABAD

ISLAMABAD: The rising costs of construction materials, coupled with high taxation, have slowed construction activity...

Updated 09 Mar, 2025 07:07am

Business & Finance

BMP for curbing capital flight, brain drain

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) on Monday...

Published 04 Mar, 2025 06:30am

Supplements

Excise, Taxation, and Narcotics Control Department:

A Year of Landmark Achievements Under CM Punjab Maryam Nawaz Sharif Under the visionary leadership of Chief ...

Published 27 Feb, 2025 06:44am

Transfer of raw material to sister co does not qualify as sale: SC

ISLAMABAD: The Supreme Court of Pakistan, while dismissing an appeal of the Federal Board of Revenue (FBR), ruled...

Updated 21 Feb, 2025 09:00am

Pakistan

Pakistan cannot afford ‘free riders’: Aurangzeb calls for fairer tax contribution

Stresses on documentation of parallel economy

Updated 20 Feb, 2025 09:56pm

Markets

Aurangzeb says Pakistan’s taxation, stabilisation measures offer lessons for other developing economies

Country addressing structural inefficiencies in revenue collection, energy, SOEs, and privatisation, finance minister writes in World Economic Forum

Updated 21 Jan, 2025 10:16pm

Business & Finance

LCCI holds seminar titled ‘real estate taxation’

LAHORE: The Lahore Chamber of Commerce and Industry has organized an important seminar on “Real Estate Taxation”...

Published 16 Jan, 2025 03:04am

Business & Finance

FBR invites proposals for budget FY2025-26

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue field formations and business community to...

Published 09 Jan, 2025 07:26am

Pakistan

PBC urges govt to avoid past mistakes, identifies five risks to Pakistan’s economy

The Pakistan Business Council (PBC), the country’s leading corporate advocacy platform, highlighted five major...

Updated 02 Jan, 2025 06:11pm

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 14	284.77
USD PKR Interbank Buying / Jul 14	284.52
USD to Japanese Yen / Jul 14	147.66
USD to Swiss Franc / Jul 14	0.80
Pound Sterling to USD / Jul 14	1.34
Euro to USD / Jul 14	1.17
UK LIBOR % / Jul 14	4.96

Stock	Volume
S&P 500 / Jul 14	6,268.56
India Sensex / Jul 14	82,253.46
Tokyo Nikkei / Jul 14	39,502.44
Nasdaq / Jul 14	20,640.33
Hang Seng / Jul 14	24,238.51
FTSE 100 / Jul 14	8,998.06
Dow Jones / Jul 14	44,459.65
Germany DAX 30 / Jul 14	24,160.64
France CAC40 / Jul 14	7,808.17

Item	Value
Crude Oil USD/Barrel / Jul 14	66.60
Karachi Cotton PKR/37.32 KG / Jul 14	16,585
Gold 10 Grams PKR / Jul 14	308,384
Gold Spot USD/Ounce / Jul 14	3,357.40
Cotton US¢/pound / Jul 14	67.96
Petrol/Litre / Jul 15	266.79
Diesel/Litre / Jul 15	272.98

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