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taxpayers

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

Business & Finance

FBR lacks capacity to analyse big data

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

Updated 13 Mar, 2022 07:03am

Business & Finance

RTO Lahore recovered Rs25m from T-1Rs in Feb: chief commissioner

LAHORE: Regional Tax Office (RTO) Lahore has made a recovery of Rs 25 million against the penalties imposed on ...

Published 12 Mar, 2022 04:08am

Opinion

PARTLY FACETIOUS: It’s an algebra equation

“It’s not clear who the Chaudharys of Gujrat are going to support — The Khan or the ...

Published 03 Mar, 2022 04:39am

Business & Finance

114,405 NSTRs filed for January under national platform: FBR

ISLAMABAD: A total of 114,405 National Sales Tax Returns (NSTRs) have been filed for the month of January 2022 under...

Published 26 Feb, 2022 04:37am

Pakistan

FBR asked to act against officials providing consultancy services to taxpayers

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has issued instructions to the Federal Board of Revenue...

Published 25 Feb, 2022 06:19am

Tax amnesty: FBR won’t share details with NAB

Board-in-Council of FBR has endorsed the legal stance of its members

Updated 21 Feb, 2022 09:29am

Business & Finance

Expert suggests reducing tax rates instead of widening tax net

KARACHI: To Increase the “tax net”, Federal Board of Revenue (FBR) should reduce “tax rates” like in Russia...

Updated 13 Feb, 2022 02:19pm

Business & Finance

Inland Revenue Code: FBR chief reviews progress

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed, Saturday, reviewed the progress on the...

Published 30 Jan, 2022 04:04am

Opinion

Repercussions of ‘mini-budget’

Author Yuval Noah Harari in his book ‘Homo Deus’ writes, “Many thinkers and prophets concluded that famine,...

Published 28 Jan, 2022 04:45am

Pakistan

Deal with taxpayers fairly, SC tells FBR

ISLAMABAD: The Supreme Court asked the Federal Board of Revenue (FBR) to act fairly in dealing with the taxpayers ...

Published 20 Jan, 2022 04:21am

Pakistan

Many cases: FTO opts for informal resolution of complaints

ISLAMABAD: In order to facilitate the taxpayers and expeditiously resolve the complaints, the Federal Tax Ombudsman...

Published 20 Jan, 2022 04:21am

Opinion

PARTLY FACETIOUS: A battle royale is ongoing?

“There is a battle royale ongoing here…” “See it’s a battle of the kursi, chair, and in politics a kursi...

Published 06 Jan, 2022 04:13am

Pakistan

Tarin asks FBR to ensure security of taxpayers’ data

ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has directed the Federal Board of...

Published 23 Dec, 2021 04:23am

Business & Finance

POS integration: FBR likely to protect taxpayers from harassment

LAHORE: The Federal Board of Revenue (FBR) has taken notice of harassing taxpayers under the Point of Sale (POS)...

Published 23 Dec, 2021 04:23am

Business & Finance

Taxpayers: FBR decides to revise prescribed ‘Form’ for filing references

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to revise the prescribed “Form” for the taxpayers for...

Published 23 Dec, 2021 04:23am

Pakistan

Steps to improve taxpayers’ facilitation through early redressal of issues discussed

PESHAWAR: Meeting of advisory committee to the Federal Tax Ombudsman (FTO) was held at office of the Federal Tax...

Published 20 Dec, 2021 06:29am

Pakistan

FTO’s advisory body suggests steps to resolve issues facing taxpayers

ISLAMABAD: The advisory committee to the Federal Tax Ombudsman (FTO) has suggested measures to minimise the delays ...

Published 19 Dec, 2021 04:37am

Business & Finance

Taxpayers’ outstanding issues: FBR chief asks taxmen to pull their socks up

ISLAMABAD: Chairman Federal Board of Revenue (FBR)/Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed Friday...

Published 11 Dec, 2021 04:12am

Business & Finance

Jah explains mandate of FTO’s office

ISLAMABAD: The Federal Tax Ombudsman (FTO), Dr Asif Mahmood Jah, Thursday, clarified that his speech in Lahore to ...

Published 03 Dec, 2021 04:31am

Gainers
Losers
Leaders

Stock	Price
Data Textile / Feb 1 Data Textiles Limited(DATM)	7.08 ▲ 1.00 (16.45%)
Sec. Inv. Bank / Feb 1 Security Investment Bank Limited(SIBL)	4.85 ▲ 0.55 (12.79%)
Sindh Modaraba / Feb 1 Sindh Modaraba(SINDM)	7.75 ▲ 0.75 (10.71%)
Gammon Pak / Feb 1 Gammon Pakistan Limited(GAMON)	6 ▲ 0.54 (9.89%)
Ashfaq Textile / Feb 1 Ashfaq Textile Mills Limited(ASHT)	10.39 ▲ 0.89 (9.37%)
Leather Up Ltd. / Feb 1 Leather Up Limited(LEUL)	11.72 ▲ 1.00 (9.33%)
P.I.A.C.(A) / Feb 1 Pakistan International Airlines Corp(PIAA)	4.01 ▲ 0.31 (8.38%)
Next Capital / Feb 1 Next Capital Limited(NEXT)	5.15 ▲ 0.39 (8.19%)
Engro Poly(Pref / Feb 1 Engro Poly(Pref)(EPCLPS)	12.98 ▲ 0.98 (8.17%)
OLP Modaraba / Feb 1 OLP Modaraba Limited(OLPM)	13.50 ▲ 0.98 (7.83%)

Stock	Price
Kohinoor Power / Feb 1 Kohinoor Power Company Limited(KOHP)	3.70 ▲ -0.42 (-10.19%)
Sakrand Sugar / Feb 1 Sakrand Sugar Mills Limited(SKRS)	9.74 ▲ -0.84 (-7.94%)
Dawood Lawrencepur / Feb 1 Dawood Lawrencepur Limited(DLL)	207.76 ▲ -16.84 (-7.50%)
Pakistan Services / Feb 1 Pakistan Services Limited(PSEL)	2095.13 ▲ -169.87 (-7.50%)
Shahtaj Sugar / Feb 1 Shahtaj Sugar Mills Limited(SHJS)	45.79 ▲ -3.71 (-7.49%)
EFG Hermes Pak / Feb 1 EFG Hermes Pakistan Limited(EFGH)	12.49 ▲ -1.01 (-7.48%)
Dadex Eternit / Feb 1 Dadex Eternit Limited(DADX)	35.20 ▲ -2.78 (-7.32%)
Ist.Dawood Bank / Feb 1 First Dawood Investment Bank Limited(FDIBL)	1.53 ▲ -0.12 (-7.27%)
Faran Sugar / Feb 1 Faran Sugar Mills Limited(FRSM)	54.51 ▲ -4.24 (-7.22%)
Trust Sec.& Brok. / Feb 1 Trust Securities & Brokerage Limited(TSBL)	13 ▲ -1.00 (-7.14%)

Stock	Volume
WorldCall Telecom / Feb 1 Worldcall Telecom Limited(WTL)	13,426,966 ▼ 0.00
Pak Petroleum / Feb 1 Pakistan Petroleum Limited(PPL)	10,194,870 ▲ -0.93
Pak Refinery / Feb 1 Pakistan Refinery Limited(PRL)	7,748,506 ▼ 0.01
P.I.A.C.(A) / Feb 1 Pakistan International Airlines Corp(PIAA)	7,315,500 ▼ 0.31
Gul Ahmed / Feb 1 Gul Ahmed Textile Mills Limited(GATM)	7,266,387 ▼ 1.02
Maple Leaf Cement / Feb 1 Maple Leaf Cement Factory Limited(MLCF)	6,561,607 ▼ 0.14
Habib Bank / Feb 1 Habib Bank Limited(HBL)	4,875,909 ▲ -0.06
Fauji Cement / Feb 1 Fauji Cement Company Limited(FCCL)	4,779,500 ▼ 0.01
Oil & Gas Dev. / Feb 1 Oil & Gas Development Company Limited(OGDC)	4,506,916 ▲ -0.20
Hub Power Co. / Feb 1 The Hub Power Company Limited(HUBC)	4,097,554 ▼ 0.43

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 1	271
USD PKR Interbank Buying / Feb 1	269.25
USD to Japanese Yen / Feb 1	130.23
USD to Swiss Franc / Feb 1	0.92
Pound Sterling to USD / Feb 1	1.23
Euro to USD / Feb 1	1.09
UK LIBOR % / Jan 31	4.31

Stock	Volume
S&P 500 / Jan 31	4076.60
Nasdaq / Jan 31	11584.55
Dow Jones / Jan 31	34086.04
India Sensex / Feb 1	59963.63
Tokyo Nikkei / Feb 1	27345.74
Hang Seng / Feb 1	21902.35
FTSE 100 / Feb 1	7780.98
Germany DAX 30 / Feb 1	15120.54
France CAC40 / Feb 1	7085.19

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 31	20735
Gold 10 Grams PKR / Jan 31	172754
Crude Oil USD/Barrel / Feb 1	79.25
Gold Spot USD/Ounce / Feb 1	1925.87
Cotton US¢/pound / Feb 1	86.58

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