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taxpayers

Deemed income on capital assets: Taxpayers required to file new form separately

ISLAMABAD: All taxpayers who have furnished their annual Income Tax Returns and wealth statements before the...

Updated 02 Dec, 2022 09:49am

Business & Finance

Steps to boost coordination among provinces: World Bank notes slow progress on exchange of taxpayers’ data with FBR

ISLAMABAD: The World Bank has noted slow progress in measures to strengthen provincial coordination on exchange of...

Published 29 Nov, 2022 05:57am

Tax reforms recommendations to FBR: Supertax has successful large businesses: PBC

ISLAMABAD: The Pakistan Business Council (PBC) has observed that the supertax has penalised successful large...

Updated 27 Nov, 2022 09:41am

Taxation of rental income from properties held in UAE: Islamabad, Lahore ATIRs issue ‘opposite’ judgments

ISLAMABAD: Appellate Tribunal Inland Revenue, Islamabad and the Appellate Tribunal Inland Revenue, Lahore have...

Updated 25 Nov, 2022 09:57am

FBR concedes collecting significant amount of revenue thru power bills

ISLAMABAD: The Federal Board of Revenue (FBR) has conceded before a parliamentary panel of collecting a significant...

Updated 24 Nov, 2022 09:45am

Business & Finance

Officers who access IT returns can be identified easily: FBR can check all its past logs

ISLAMABAD: The Federal Board of Revenue (FBR) is equipped with a system to check past logs for identifying all tax...

Published 22 Nov, 2022 03:23am

Business & Finance

Gap between the haves and the have-nots creates distortions: FCCI

FAISALABAD: Dr. Khurram Tariq President Faisalabad Chamber of Commerce & Industry (FCCI) has welcomed the court...

Published 21 Nov, 2022 07:13am

IT, ST, FED: FBR plans ballot to select cases for audit

ISLAMABAD: The Federal Board of Revenue (FBR) is planning to conduct computerised balloting for selecting the cases...

Updated 21 Nov, 2022 12:29pm

Determined IT refund: Scam involving tax officials unearthed

ISLAMABAD: Federal Tax Ombudsman Dr Asif Mahmood Jah has unearthed a unique kind of scam involving tax officials, ...

Updated 21 Nov, 2022 09:35am

Business & Finance

RTO Lahore receives 477,000 IT returns worth Rs4bn

LAHORE: The Regional Tax Office (RTO) Lahore has received 477,000 income tax returns till date with revenue worth ...

Published 18 Nov, 2022 05:53am

Pakistan

FTO disposes of 5000 tax complaints in 10 months

LAHORE: As many as 5000 tax complaints have been disposed of by the office of Federal Tax Ombudsman (FTO) during the...

Published 11 Nov, 2022 05:54am

The place of supply rules: NTC fully endorses viewpoint of provinces

ISLAMABAD: The National Tax Council (NTC), Monday, fully endorsed the viewpoint of provinces over the common rules...

Updated 08 Nov, 2022 09:37am

Tax evasion: FBR lacks capacity to analyze big data: World Bank

ISLAMABAD: The Federal Board of Revenue (FBR) lacks the capacity to analyze big data to detect tax evasion and also...

Updated 08 Nov, 2022 09:45am

Business & Finance

Registration of potential taxpayers, HNWIs: FBR revives Directorate General of BTB

ISLAMABAD: The Federal Board of Revenue (FBR) has revived the Directorate General of Broadening the Tax-Base Unit...

Published 05 Nov, 2022 06:24am

Business & Finance

Persons not appearing on ATL: Commissioners told to enforce collection of higher rates of WHT by banks

ISLAMABAD: The Federal Board of Revenue (FBR) Chairman Asim Ahmad Friday directed Chief Commissioners Inland Revenue...

Updated 05 Nov, 2022 11:31am

Business & Finance

Income tax return deadline extended till Nov 30

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 512 billion in October 2022 against the...

Updated 01 Nov, 2022 10:47am

Status change from FTR to MTR: AGP asks FBR to recover about Rs2bn taxes

ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly recommended the Federal Board of Revenue (FBR) to...

Updated 31 Oct, 2022 10:28am

PTBA urges FBR to remove bottlenecks

ISLAMABAD: Pakistan Tax Bar Association (PTBA) has raised serious issues in the filing of income tax return for tax...

Updated 29 Oct, 2022 09:43am

Business & Finance

KTBA says IT return form needs corrections

KARACHI: Karachi Tax Bar Association (KTBA) has termed the income tax return form incomplete, which needs several...

Published 28 Oct, 2022 07:01am

Business & Finance

Clients, taxpayers: FBR to ensure extra security for data protection

ISLAMABAD: The Federal Board of Revenue (FBR) will ensure extra security for data protection of the FBR’s clients...

Published 28 Oct, 2022 06:50am

Pakistan

JI accuses Sindh govt of committing corruption in roads carpeting

KARACHI: Chief of Karachi chapter of the Jamaat-e-Islami (JI) Engr Hafiz Naeemur Rehman lambasted the PPP government...

Published 26 Oct, 2022 05:52am

Business & Finance

Failure to issue tax relief orders: FTO unearths hundreds of cases involving LTOs and RTOs

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed hundreds of cases involving Large Tax Offices (LTOs) and...

Updated 22 Oct, 2022 11:57am

Business & Finance

Dar urged to extend return filing deadline

ISLAMABAD: Finance Minister Ishaq Dar has been requested to extend the last date for filing of tax returns till 30th...

Published 21 Oct, 2022 07:23am

Transfer of jurisdiction caused hardship to taxpayers: FTO

ISLAMABAD: Federal Tax Ombudsman (FTO) has conveyed to the Federal Board of Revenue (FBR) that the transfer of...

Updated 17 Oct, 2022 09:58am

Tax on immovable properties: FBR prescribes relevant form for taxpayers

ISLAMABAD: The Federal Board of Revenue (FBR) has prescribed the relevant form for taxpayers with regard to payment...

Updated 05 Oct, 2022 09:55am

Business & Finance

FBR disposes of 40,058 appeals during ‘tax year 2022’

ISLAMABAD: The Federal Board of Revenue (FBR) has disposed of 40,058 appeals filed by taxpayers against the FBR...

Published 04 Oct, 2022 07:11am

Business & Finance

New LCCI officials vow to work for greater cause of trade, industry

LAHORE: New office-bearers of the Lahore Chamber of Commerce & Industry (LCCI) have assumed the charge with a...

Published 01 Oct, 2022 04:20am

Editorials

Why is FBR not cooperating?

EDITORIAL: Regrettably, the Federal Board of Revenue (FBR) continues to undermine its own functioning. Needless...

Published 30 Sep, 2022 05:52am

Business & Finance

Tax return form in IRIS: FBR enables refund adjustment tab

ISLAMABAD: The Federal Board of Revenue has enabled refund adjustment tab in the income tax return form. According...

Published 28 Sep, 2022 05:51am

Section 7E: Aggrieved filers to be given more time, FBR assures LHC

ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, assured the Lahore High Court (LHC) that it will give an...

Updated 28 Sep, 2022 10:03am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jan 28 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 28 Al-Abbas Sugar Mills Limited(AABS)	377 ▼ 0.00 (0.00%)
Agro Allianz / Jan 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jan 28 Allied Bank Limited(ABL)	65 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 28 Abbott Laboratories (Pakistan) Limited(ABOT)	348.44 ▼ 0.00 (0.00%)
Abson Ind. / Jan 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jan 28 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Jan 28 Attock Cement Pakistan Limited(ACPL)	55.56 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jan 28 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jan 28 Al-Abbas Sugar Mills Limited(AABS)	377 ▼ 0.00 (0.00%)
Agro Allianz / Jan 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jan 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jan 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jan 28 Allied Bank Limited(ABL)	65 ▼ 0.00 (0.00%)
Abbott Lab. / Jan 28 Abbott Laboratories (Pakistan) Limited(ABOT)	348.44 ▼ 0.00 (0.00%)
Abson Ind. / Jan 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jan 28 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Jan 28 Attock Cement Pakistan Limited(ACPL)	55.56 ▼ 0.00 (0.00%)

Stock	Volume
Pak Refinery / Jan 28 Pakistan Refinery Limited(PRL)	14,225,354 ▼ 0.00
Cnergyico PK / Jan 28 Cnergyico PK Limited(CNERGY)	13,167,971 ▼ 0.00
Fauji Foods Ltd / Jan 28 Fauji Foods Limited(FFL)	12,526,831 ▼ 0.00
WorldCall Telecom / Jan 28 Worldcall Telecom Limited(WTL)	9,891,019 ▼ 0.00
K-Electric Ltd. / Jan 28 K-Electric Limited(KEL)	9,686,092 ▼ 0.00
Hub Power Co. / Jan 28 The Hub Power Company Limited(HUBC)	8,819,700 ▼ 0.00
Habib Bank / Jan 28 Habib Bank Limited(HBL)	8,556,359 ▼ 0.00
Engro Polymer / Jan 28 Engro Polymer & Chemicals Limited(EPCL)	6,713,796 ▼ 0.00
Maple Leaf Cement / Jan 28 Maple Leaf Cement Factory Limited(MLCF)	5,509,833 ▼ 0.00
Lotte Chemical / Jan 28 Lotte Chemical Pakistan Limited(LOTCHEM)	5,393,473 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 27	265
USD PKR Interbank Buying / Jan 27	263
USD to Japanese Yen / Jan 27	129.88
USD to Swiss Franc / Jan 27	0.92
Pound Sterling to USD / Jan 27	1.24
Euro to USD / Jan 27	1.09
UK LIBOR % / Jan 27	4.31

Stock	Volume
S&P 500 / Jan 27	4070.56
India Sensex / Jan 27	59330.90
Tokyo Nikkei / Jan 27	27382.56
Nasdaq / Jan 27	11621.71
Hang Seng / Jan 27	22688.90
FTSE 100 / Jan 27	7765.15
Dow Jones / Jan 27	33978.08
Germany DAX 30 / Jan 27	15150.03
France CAC40 / Jan 27	7097.21

Item	Value
Crude Oil USD/Barrel / Jan 27	79.68
Karachi Cotton PKR/37.32 KG / Jan 27	20235
Gold 10 Grams PKR / Jan 27	173610
Gold Spot USD/Ounce / Jan 27	1928.04
Cotton US¢/pound / Jan 27	86.89

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