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Taxes

FBR’s e-portal has no direct linkage with govt’s withholding agent

ISLAMABAD: The Federal Board of Revenue’s automated database (FBR’s e-portal) has no direct electronic linkage with...

Updated 29 May, 2024 09:20am

Business & Finance

Experts suggest 40pc raise in tobacco taxes

ISLAMABAD: Health experts have strongly proposed the Federal Board of Revenue (FBR) to raise taxes on all kinds of...

Published 29 May, 2024 06:05am

Opinion

Budget 2024-25: expectations

A budget is not merely a document of aggregated information on revenues, capital, and external receipts and on the...

Published 28 May, 2024 05:30am

Farmers propose ‘fixed tax regime’ for agri sector

Demand government to ensure a dedicated track and trace system to bring the retailers, and businesses from the informal sectors with progressive taxes into the tax net

Updated 28 May, 2024 09:26am

Upcoming budget: FBR to issue new rules to process pending refund applications

ISLAMABAD: The Federal Board of Revenue (FBR) will issue new rules and regulations in budget 2024-25 to...

Updated 28 May, 2024 08:35am

Business & Finance

Real estate sector: Property dealers oppose further taxation

LAHORE: Reacting to the hint dropped by the government that it may levy more taxes on the real estate sector on the...

Published 27 May, 2024 05:52am

18,371 shopkeepers enrolled under Tajir Dost Scheme

ISLAMABAD: A total of 18,371 shopkeepers/retailers have been registered under the Tajir Dost scheme. According to...

Updated 27 May, 2024 08:48am

Business & Finance

PRA to bring unregistered architect firms into tax net

LAHORE: The Punjab Revenue Authority (PRA) has launched an initiative to bring unregistered architect firms in ...

Published 25 May, 2024 05:55am

Pakistan

KP CM against tax on ‘naswar’

PESHAWAR: Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur Friday opposed taxing Naswar in the upcoming budget of...

Published 25 May, 2024 05:32am

Business & Finance

High tobacco taxes strengthen illegal market: study

ISLAMABAD: The government’s dramatic increase in cigarette taxes has unexpectedly catalyzed a booming illegal...

Published 24 May, 2024 06:25am

Many zero-rated items: FBR proposes standard rate of 18pc sales tax

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a standard rate of 18 percent sales tax on a wide range...

Updated 24 May, 2024 11:29pm

Opinion

Budgets 2024: thinking afresh

“Simplify taxes, reduce the cost of excessive documentation, open the economy for higher growth and employment,...

Updated 24 May, 2024 05:49am

No super tax payable on income falling under FTR: Karachi ATIR

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), Karachi, has declared that no super tax is payable on...

Updated 23 May, 2024 08:45am

Aurangzeb tells PRBC team: FBR digitalisation to broaden tax net

ISLAMABAD: Finance Minister Muhammad Aurangzeb Tuesday informed Pakistan Retail Business Council (PRBC) that...

Updated 22 May, 2024 09:27am

Business & Finance

PBF for simplification of tax system

KARACHI: Pakistan Business Forum (PBF) has recommended the federal government to simplify the tax system to reduce...

Published 22 May, 2024 05:54am

BR Research

Interview with Ali Majid - General Manager, LONGi Pakistan Branch

‘LONGi's market share in Pakistan has been the highest among other players’ Ali Majid is a seasoned marketing...

Published 20 May, 2024 08:39am

Pakistan

Erstwhile Pata, Fata: PPP vows to resist levy of taxes

PESHAWAR: Pakistan Peoples Party (PPP) has announced to resist the levy of taxes to the erstwhile Pata and Fata and...

Published 20 May, 2024 05:44am

Opinion

Need for a balanced revenue-sharing framework

One of the key demands of the IMF is to increase the tax-to-GDP ratio to 13-14 percent by the end of the upcoming...

Updated 20 May, 2024 06:21am

Govt eyeing new steps to achieve Rs1trn plus taxation

Budget makers are considering further increasing difference of withholding tax rates between filers and non-filers of returns

Updated 20 May, 2024 07:05pm

Business & Finance

KPRA continues crackdown on non-compliant taxpayers

PESHAWAR: To improve tax compliance and discourage tax evasion, the Khyber Pakhtunkhwa Revenue Authority (KPRA)...

Published 20 May, 2024 05:44am

FATA, PATA regions: No law under study to grant tax relief: Aurangzeb

ISLAMABAD: Federal Minister for Finance Senator Muhammad Aurangzeb said there is no legislation under government...

Updated 17 May, 2024 09:07am

Technology

Rs63bn taxes/duties collected: DIRBS registers all GSMA-valid mobile devices

ISLAMABAD: The Device Identification Registration and Blocking System (DIRBS) registered all GSMA-valid mobile...

Published 17 May, 2024 05:50am

MoF asked to make CPEC SEZs tax-free

ISLAMABAD: The federal cabinet has directed Finance Ministry to clear dividends owed to Chinese firms operating in...

Updated 17 May, 2024 09:05am

Editorials

FBR must stop leaning on crutches

EDITORIAL: In a fresh indicator of the Federal Board of Revenue’s (FBR’s) utter inability to carry out its basic job...

Published 17 May, 2024 05:50am

PD gets PM’s nod for power tariff hike

Federal Board of Revenue in consultation with Ministry of Finance to review overall taxes applicable on electricity consumers

Updated 16 May, 2024 09:45am

Business & Finance

All services under PRA will be brought under tax net: Minister

LAHORE: In order to facilitate the documentation of the economy in Punjab, all services under the Punjab Revenue...

Published 16 May, 2024 06:28am

Business & Finance

Illicit cigarettes supply chain: FBR to focus on enforcement at all stages

ISLAMABAD: The Federal Board of Revenue (FBR) will now focus on enforcement at all stages of the illicit supply ...

Published 16 May, 2024 06:28am

Petition against property tax revision: IHC issues notices to ECP and MCI

Pakistan

Chalks out plan including additional taxes, withdrawal of exemptions and zero-ratings and taxation of real estate/retail sectors

Updated 15 May, 2024 10:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	278.43
USD PKR Interbank Buying / May 27	278.23
USD to Japanese Yen / May 28	157.24
USD to Swiss Franc / May 28	0.91
Pound Sterling to USD / May 28	1.28
Euro to USD / May 28	1.08

Stock	Volume
S&P 500 / May 28	5306.04
India Sensex / May 28	75170.45
Tokyo Nikkei / May 28	38790.40
Nasdaq / May 28	17019.88
Hang Seng / May 28	18612.70
FTSE 100 / May 28	8254.18
Dow Jones / May 28	38852.86
Germany DAX 30 / May 28	18677.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 27	19935
Crude Oil USD/Barrel / May 28	80.12
Gold 10 Grams PKR / May 28	206018
Gold Spot USD/Ounce / May 28	2358.18
Cotton US¢/pound / May 28	78.80
Petrol/Litre / May 29	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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