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Taxes

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 05:18pm

Editorials

Stagnation and reform

EDITORIAL: Pakistan’s economy remains mired in stagnation, weighed down by structural inefficiencies and policy...

Published 23 Mar, 2025 05:26am

Business & Finance

Budget FY26: PBF submits proposals to MoF

KARACHI: President of the Pakistan Business Forum (PBF), Khawaja Mahboob Rahman, has submitted budget proposals for...

Published 20 Mar, 2025 08:03am

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

Business & Finance

KTBA urges FBR to extend ST return filing deadline

KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to extend the sales...

Published 19 Mar, 2025 05:36am

Pakistan

‘Late document submission doesn't void self-assessment benefit’

LAHORE: A tax appellate forum has declared that failure on the part of an assessee to submit documents within...

Published 18 Mar, 2025 08:08am

Opinion

Provincial revenue mobilisation

The previous article had focused on the overall fiscal performance of Provincial governments in the first six months...

Published 18 Mar, 2025 07:03am

Editorials

Staff Level Agreement: misplaced optimism?

EDITORIAL: The International Monetary Fund (IMF) on the last day of its first review mission to Pakistan - from 24...

Published 18 Mar, 2025 06:46am

SLA delay: Trust deficit cited as possible cause

ISLAMABAD: The delay in reaching a staff level agreement under the International Monetary Fund’s ongoing Extended...

Updated 18 Mar, 2025 09:29am

Opinion

Policy rate unchanged

The Monetary Policy Committee (MPC), met under the chairmanship of the Governor State Bank of Pakistan (SBP) on 10...

Published 17 Mar, 2025 06:37am

Automated income tax refund system: FBR fails to implement IHC judgement

ISLAMABAD: The Islamabad High Court’s landmark judgment for effective enforcement of an automated income tax refund...

Updated 17 Mar, 2025 08:48am

Incumbent KP govt hasn’t taken any loan, says Gandapur

PESHAWAR: KP Chief Minister of Khyber Pakhtunkhwa, Ali Amin Khan Gandapur has said that over last one year, the...

Updated 17 Mar, 2025 09:46am

Constitution bars double taxation implicitly, lawyer tells apex court

ISLAMABAD: Makhdoom Ali Khan submitted that various judgments of the Supreme Court have restricted the word “fee”...

Updated 15 Mar, 2025 09:44am

Opinion

The dark side of disinflation

“If the price of everything is going down, that’s going to include wages as well. People will have an incentive...

Published 14 Mar, 2025 06:42am

Jul-Feb tax collection falls short of target

Federal Board of Revenue collects Rs7,346 billion during the first eight months

Updated 14 Mar, 2025 04:48pm

Sections 4B and 4C of Income Tax law: IHC, LHC ordered to transfer pending ICAs to SC

ISLAMABAD: The Islamabad High Court (IHC) and the Lahore High Court (LHC) were ordered to transfer pending...

Updated 13 Mar, 2025 08:44am

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

Opinion

Fiscal performance of provincial govts

The information on fiscal operations by the four provincial governments in the first half of 2024-25 has been...

Updated 11 Mar, 2025 06:02am

Editorials

One-year achievements

EDITORIAL: Prime Minister Shehbaz Sharif highlighted his government’s one-year achievements though he hastened to...

Updated 10 Mar, 2025 06:16am

Business & Finance

Adviser to finance minister explains how govt successfully salvaged economy

ISLAMABAD: Advisor to Finance Minister, Khurram Schehzad said here n Sunday that country’s economy has successfully...

Published 10 Mar, 2025 05:22am

Editorials

Inequitable as well as unsustainable

EDITORIAL: The latest tax collection data confirms the uncomfortable truth that Pakistan’s salaried class is...

Updated 10 Mar, 2025 06:17am

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

ST returns to 21 cos paid on behalf of non-residents: FBR directs PRAL to allow input tax adjustment

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Pakistan Revenue Automation Limited (PRAL) to remove the...

Updated 07 Mar, 2025 08:47am

Beverages, tobacco and real estate sector: FBR proposes reduction in tax rates

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed reduction in tax rates on beverages, tobacco and real...

Updated 07 Mar, 2025 08:45am

Removal of GST on POL products: Oil refineries seek minister’s intervention

ISLAMABAD: Pakistan’s oil refineries have called on Finance Minister Senator Muhammad Aurangzeb to urgently...

Updated 06 Mar, 2025 04:08pm

Rs312bn GST row: PAC refers audit paras back to FBR wing

ISLAMABAD: In an attempt to tighten the noose around the black sheep, the Public Accounts Committee (PAC) of...

Updated 06 Mar, 2025 02:47pm

Profitability of listed banks rises 5pc YoY

KARACHI: The profitability of listed banks increased by 5 percent YoY to Rs597 billion in 2024, mainly driven by a 9...

Updated 04 Mar, 2025 09:10am

Opinion

TPO: A test of reform

Pakistan’s taxation and trade enforcement systems remain highly inefficient. The Federal Board of Revenue (FBR) has...

Updated 04 Mar, 2025 06:58am

PRAL, IT Wing accused of facilitating fake invoices

ISLAMABAD: Multan Tax Bar Association (MTBA) has accused Pakistan Revenue Automation Limited (PRAL) and the IT Wing...

Updated 03 Mar, 2025 02:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 21	280.46
USD PKR Interbank Buying / Mar 21	280.26
USD to Japanese Yen / Mar 21	149.32
USD to Swiss Franc / Mar 21	0.88
Pound Sterling to USD / Mar 21	1.29
Euro to USD / Mar 21	1.08
UK LIBOR % / Mar 20	4.96

Stock	Volume
S&P 500 / Mar 21	5,667.56
India Sensex / Mar 21	76,905.51
Tokyo Nikkei / Mar 21	37,677.06
Nasdaq / Mar 21	17,784.05
Hang Seng / Mar 21	23,689.72
FTSE 100 / Mar 21	8,646.79
Dow Jones / Mar 21	41,985.35
Germany DAX 30 / Mar 21	22,891.68
France CAC40 / Mar 21	8,042.95

Item	Value
Crude Oil USD/Barrel / Mar 21	68.31
Karachi Cotton PKR/37.32 KG / Mar 21	17,285
Gold 10 Grams PKR / Mar 21	273,319
Gold Spot USD/Ounce / Mar 21	3,028.10
Cotton US¢/pound / Mar 21	65.27
Petrol/Litre / Mar 23	255.63
Diesel/Litre / Mar 23	258.64

Gainers
Losers
Leaders

Stock	Price
Ist.Capital Sec / Mar 21 First Capital Securities Corporation(FCSC)	1.73 ▲ 0.25 (16.89%)
Lalpir Power / Mar 21 Lalpir Power Limited(LPL)	29.32 ▲ 2.67 (10.02%)
Bunnys Limited / Mar 21 Bunnys Limited(BNL)	23.16 ▲ 2.11 (10.02%)
Bela Auto / Mar 21 Bela Automotives Limited(BELA)	166.87 ▲ 15.17 (10%)
Sally Textile / Mar 21 Sally Textile Mills Limited(SLYT)	11 ▲ 1 (10%)
Agritech Limited / Mar 21 Agritech Limited(AGL)	73.59 ▲ 6.69 (10%)
S.S.Oil / Mar 21 S.S.Oil Mills Limited(SSOM)	122.16 ▲ 11.11 (10%)
Nishat Mills Ltd / Mar 21 Nishat Mills Limited(NML)	117.76 ▲ 10.71 (10%)
Suraj Cotton / Mar 21 Suraj Cotton Mills Limited(SURC)	122.32 ▲ 11.12 (10%)
Diamond Ind. / Mar 21 Diamond Industries Limited(DIIL)	27.96 ▲ 2.54 (9.99%)

Stock	Price
Elahi Cot. / Mar 21 Elahi Cotton Mills Limited(ELCM)	126.06 ▼ -13.99 (-9.99%)
Khyber Textile / Mar 21 Khyber Textile Mills Limited(KHYT)	435.56 ▼ -47.57 (-9.85%)
Hafiz Ltd. / Mar 21 Hafiz Limited(HAFL)	253.95 ▼ -27.73 (-9.84%)
Universal Ins. / Mar 21 The Universal Insurance Company Limited(UVIC)	9.80 ▼ -1 (-9.26%)
Noon Sugar / Mar 21 Noon Sugar Mills Limited(NONS)	73 ▼ -6.57 (-8.26%)
Sindh Abadgar / Mar 21 Sindh Abadgar's Sugar Mills Limited(SASML)	51.03 ▼ -4.08 (-7.4%)
Ellcot Spinning / Mar 21 Ellcot Spinning Mills Limited(ELSM)	110 ▼ -8.64 (-7.28%)
Askari Life Assur. / Mar 21 Askari Life Assurance Company Limited(ALAC)	5 ▼ -0.39 (-7.24%)
Tariq Corp.Pref. / Mar 21 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.5 (-6.67%)
Quetta Textile / Mar 21 Quetta Textile Mills Limited(QUET)	14.60 ▼ -0.99 (-6.35%)

Stock	Volume
Cnergyico PK / Mar 21 Cnergyico PK Limited(CNERGY)	163,976,906 ▼ -0.21
B.O.Punjab / Mar 21 The Bank of Punjab(BOP)	45,899,654 ▼ -0.15
Pak Refinery / Mar 21 Pakistan Refinery Limited(PRL)	45,149,230 ▼ -0.94
Fauji Foods Ltd / Mar 21 Fauji Foods Limited(FFL)	26,183,687 ▲ 0.48
Sui South Gas / Mar 21 Sui Southern Gas Company Limited(SSGC)	25,173,748 ▲ 0.42
PIA Holding Co.Ltd / Mar 21 PIA Holding Company Limited(PIAHCLA)	19,984,659 ▼ -1.09
Pak Elektron / Mar 21 Pak Elektron Limited(PAEL)	19,229,211 ▼ -0.13
Pak Int.Bulk / Mar 21 Pakistan International Bulk Terminal(PIBTL)	18,221,041 ▼ -0.25
WorldCall Telecom / Mar 21 Worldcall Telecom Limited(WTL)	17,981,776 ▼ -0.02
Hub Power Co. / Mar 21 The Hub Power Company Limited(HUBC)	14,711,439 ▼ -2.32

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