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taxpayers

Recovery of tax arrears: ATIR detects serious violations of law by FBR

ISLAMABAD: The Appellate Tribunal Inland Revenue, Islamabad (ATIR) has found some serious violations of law in the...

Updated 05 Sep, 2022 09:35am

Business & Finance

‘FBR, PRA to introduce single ST return soon’

LAHORE: The Federal Board of Revenue (FBR) and the Punjab Revenue Authority (PRA) would soon be introducing single...

Published 04 Aug, 2022 05:43am

Business & Finance

FTO asks FBR to evolve proper mechanism for issuing exemption certificates

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to evolve...

Published 18 Jul, 2022 06:22am

Business & Finance

ST, federal excise returns: FBR extends submission date till 20th

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of payment and submission of sales tax and...

Published 16 Jul, 2022 04:20am

Opinion

Finance Act, 2022: Comments

General: This note contains the comments on the Finance Act, 2022 as passed by the National Assembly. These are...

Updated 02 Jul, 2022 12:33pm

Business & Finance

‘Govt should not impose supertax on existing taxpayers’

LAHORE: “Though the country is passing through a critical time but the government will have to act wisely and...

Published 28 Jun, 2022 06:10am

Business & Finance

FBR issues draft IT return forms

ISLAMABAD: The Federal Board of Revenue (FBR) has issued the draft Income Tax Return Forms for salaried persons, the...

Published 22 Jun, 2022 05:58am

Budget 2021-22

Finance Bill 2022: Exemption to IPPs limited

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Asim Ahmad Saturday informed the Senate Standing Committee on...

Updated 19 Jun, 2022 09:00am

Business & Finance

Income Tax Ordinance, 2001 Experts concerned over proposed amendment

KARACHI: Tax experts have expressed concerns over the proposed amendment (section 214A) in the Income Tax Ordinance,...

Published 16 Jun, 2022 06:03am

Business & Finance

President asks FTO to raise awareness among taxpayers

ISLAMABAD: President Dr Arif Alvi has asked the Federal Tax Ombudsman (FTO) to raise awareness among the taxpayers...

Published 14 Jun, 2022 05:56am

Pakistan

Taxpayers’ problems: Facilitation cell to be established in DC office

FAISALABAD: Facilitation cell will be established in Deputy Commissioner Office to resolve the problems of the...

Published 08 Jun, 2022 06:19am

Business & Finance

FTO directs FBR to keep record of WWF refunds

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to maintain a separate...

Published 08 Jun, 2022 06:19am

Business & Finance

SRB integrates 56 more restaurants with POS system

KARACHI: Chairman Sindh Revenue Board Dr Wasif Ali Memon, in appreciation of compliant taxpayers of the Restaurant...

Published 08 Jun, 2022 06:19am

Pakistan

‘FTO provided relief to over 1,900 taxpayers in five months’

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mehmood Jah has said that his office has provided relief to more than...

Published 22 May, 2022 06:03am

Business & Finance

FTO disposed of 2,900 complaints against FBR in 2021

ISLAMABAD: The Federal Tax Ombudsman (FTO) received record 3,500 complaints of the aggrieved taxpayers against the...

Published 11 May, 2022 04:58am

Broadening the tax base: FBR urged to use data available with PSX

ISLAMABAD: Pakistan Business Council (PBC) has asked the Federal Board of Revenue (FBR) to effectively use financial...

Updated 07 May, 2022 10:07am

Salaried class: FTO tells FBR to bring down tax slabs, thresholds in FY23 budget

ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to bring down...

Updated 06 May, 2022 10:06am

Business & Finance

PRA registers highest-ever collection in April

LAHORE: After crossing the mark of 100,000 taxpayers within nine years of its transfer from the Federal Board of...

Published 06 May, 2022 05:03am

Business & Finance

FBR chief directs taxmen to abstain from private practices

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Asim Ahmad has issued the first enforcement directive to the...

Published 01 May, 2022 05:11am

Business & Finance

FTO says 90pc of his decisions accepted by complainants, FBR

LAHORE: Federal Tax Ombudsman Dr Asif Mahmood Jah said on Monday that about 90 percent of the decisions announced by...

Published 26 Apr, 2022 05:20am

Business & Finance

FBR’s IRS Reform Plan launched: Taxpayers to get complete history, summary and snapshots

ISLAMABAD: The Federal Board of Revenue (FBR) will provide complete history, summary and snapshots to taxpayers in a...

Updated 21 Apr, 2022 01:58pm

Data exchange / linkages: Economic activities to be documented

ISLAMABAD: The Federal Board of Revenue (FBR) will document economic activities through data exchange/ linkages, to...

Updated 20 Apr, 2022 10:16am

Business & Finance

FBR’s new reform plan likely to establish sectoral benchmarks

ISLAMABAD: The Federal Board of Revenue (FBR)’s new reform plan would establish sectoral benchmarks to identify ...

Published 20 Apr, 2022 05:12am

IRS Strategic Reform Plan 2021-24 chalked out

ISLAMABAD: The Federal Board of Revenue (FBR) has chalked out an Inland Revenue Service Strategic Reform Plan...

Updated 19 Apr, 2022 10:38am

Business & Finance

FBR barred from issuance of manual notices: President endorses decision of FTO

ISLAMABAD: The president has endorsed a major decision of the Federal Tax Ombudsman (FTO) to bar the Federal Board ...

Published 13 Apr, 2022 06:03am

World

Biden administration proposes minimum tax on wealthiest households

WASHINGTON: The wealthiest American taxpayers would pay a minimum tax on their income each year under a budget...

Published 28 Mar, 2022 08:34pm

Maryam accuses PM of using taxpayers’ money to organise his rallies

LAHORE: Pakistan Muslim League-Nawaz (PML-N) Vice-President Maryam Nawaz has said that there will be no clash of...

Updated 28 Mar, 2022 12:07pm

Business & Finance

KPRA conducts registration drive in Nowshera

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) conducted a day-long registration drive in Nowshera to...

Published 25 Mar, 2022 05:46am

H1 tax refund payments down 29.4pc YoY

ISLAMABAD: The Federal Board of Revenue (FBR) paid income tax refunds of Rs 5.142 billion during first six months...

Updated 23 Mar, 2022 09:44am

Business & Finance

Complaints against FBR: FTO provides relief to a number of taxpayers

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has provided relief to a number of taxpayers in ...

Published 23 Mar, 2022 04:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.50
USD PKR Interbank Buying / May 20	278.30
USD to Japanese Yen / May 20	156.25
USD to Swiss Franc / May 20	0.91
Pound Sterling to USD / May 20	1.27
Euro to USD / May 20	1.09

Stock	Volume
S&P 500 / May 20	5308.13
India Sensex / May 20	74005.94
Tokyo Nikkei / May 20	38069.68
Nasdaq / May 20	16794.88
Hang Seng / May 20	19636.22
FTSE 100 / May 20	8424.20
Dow Jones / May 20	39806.77
Germany DAX 30 / May 20	18768.96

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Crude Oil USD/Barrel / May 20	79.65
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2430.25
Cotton US¢/pound / May 20	76.03
Petrol/Litre / May 21	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 21 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 21 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 21 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 21 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 21 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 21 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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