Trends - taxpayers - Business Recorder

taxpayers

ADB praises FBR’s efforts to maximize revenue potential

ISLAMABAD: An important meeting with the Asian Development Bank (ADB) officials was held in the Federal Board of...

Published 18 Nov, 2021 03:58am

Minimum tax computation: LHC issues contempt notice to FBR

ISLAMABAD: The Lahore High Court (LHC) has issued contempt notices to the Federal Board of Revenue (FBR) over ...

Updated 08 Nov, 2021 09:49am

Pakistan

Commissioner IR (Appeals) decided 25,000 cases in FY21

ISLAMABAD: Commissioner Inland Revenue (Appeals) decided 25,000 cases of aggrieved taxpayers and granted tax relief...

Published 06 Nov, 2021 03:57am

Retailers, consumers: FBR clarifies discount on standardised tax invoice

ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the cash discount given by retailers to the...

Updated 15 Oct, 2021 10:44am

Opinion

PARTLY FACETIOUS: Nature versus nurture

“What’s the opposite of right?” “Wrong.” “I meant right as in not correct, but right as in...

Published 14 Oct, 2021 04:14am

Attachment of bank accounts: FBR directs officials to avoid taking ‘coercive’ steps

ISLAMABAD: The Federal Board of Revenue (FBR), Wednesday, directed Chief Commissioners that the coercive measures...

Updated 14 Oct, 2021 09:30am

Taxpayers express satisfaction over ATIR order

ISLAMABAD: Taxpayers have expressed satisfaction over the orders of Appellate Tribunal Inland Revenue (ATIR) that is...

Updated 11 Oct, 2021 09:39am

Tata regains control of troubled Air India

NEW DELHI: Tata Sons will take charge of Air India after a winning bid of $2.4 billion, including equity and debt,...

Updated 09 Oct, 2021 09:06am

No further extension in deadline beyond Oct 15: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) announced on Saturday that the FBR’s IT system has been further...

Updated 03 Oct, 2021 12:02pm

BR Research

Filing returns!

The FBR gave in and extended the tax submission deadline by 15 days as reports of the system choking grew on the ...

Published 01 Oct, 2021 07:25am

FBR receives 150,000 tax returns in a single day

ISLAMABAD: The Federal Board of Revenue (FBR) has received record number of 150,000 income tax returns in a single...

Updated 30 Sep, 2021 09:35am

Business & Finance

Govt urged to extend tax returns filing deadline

PESHAWAR: President Markazi Tanzeem-e-Tajran KP Malik Mehr Elahi and Ghulamn Bilal Javed, president Traders Alliance...

Published 28 Sep, 2021 05:12am

Business & Finance

E-Kutchery at FBR HQs today

ISLAMABAD: As a sequel to E-Kachehries held on monthly basis to comply with the directions of the Prime Minister of...

Published 27 Sep, 2021 05:51am

Pakistan

FTO asks FBR to carry out departmental probe into 'bribery' case

ISLAMABAD: Federal Tax Ombudsman (FTO) Mushtaq Sukhera has directed the Federal Board of Revenue (FBR) to conduct a...

Published 20 Sep, 2021 05:48am

Business & Finance

ABAD welcomes assets declaration Ord

KARACHI: Association of Builders and Developers of Pakistan (ABAD) Chairman Fayyaz Ilyas Friday termed a recent...

Published 18 Sep, 2021 04:02am

Pakistan

Dual modules of FBR create problems for taxpayers

KARACHI: Federal Board of Revenue (FBR) has started issuing audit and late-filing notices, creating serious...

Updated 16 Sep, 2021 12:11pm

Business

E-filing of tax returns fails to gain momentum

LAHORE: The process of e-filing of tax returns has failed to gain momentum despite all out efforts of the Federal...

Published 16 Sep, 2021 04:02am

Business

Key enforcement, administrative measures: IR Chief Commissioners to brief FBR chief on 18th

ISLAMABAD: Chief Commissioners Inland Revenue (IR) would brief Federal Board of Revenue (FBR) Chairman Dr Muhammad...

Published 14 Sep, 2021 03:55am

Assets Declaration Ord: Taxpayers making payment to get one-time opportunity: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to grant one-time opportunity to taxpayers who paid their...

Updated 11 Sep, 2021 10:19am

Business

New requirements to cause problems for Tier-1 retailers: expert

KARACHI: The requirements of paid-up capital and migration are the serious challenges that will hinder the...

Published 10 Sep, 2021 04:41am

Business

No extension in returns filing date: FBR

ISLAMABAD: The FBR has announced no extension in returns filing date after 30th September. Improvement of tax...

Published 10 Sep, 2021 04:41am

FTO probes 'misuse' of powers by Large Taxpayer Office

Federal Tax Ombudsman directs Revenue Division secretary and chief commissioner LTO to appear on September 13

Updated 06 Sep, 2021 10:07am

Business

FBR can address all systemic issues by using IT, automation: FTO

ISLAMABAD: Federal Tax Ombudsman (FTO) Mushtaq Ahmad Sukhera said, Thursday, that the Federal Board of Revenue (FBR)...

Published 03 Sep, 2021 04:58am

Tax reforms: Businessmen will be taken into confidence: Ashfaq

ISLAMABAD: The newly-appointed Federal Board of Revenue (FBR) Chairman Dr Muhammad Ashfaq Ahmed Wednesday assured...

Updated 26 Aug, 2021 09:14pm

Business & Finance

TY 2020: Govt to process pending refund claims of up to Rs50m by Sept 15

LAHORE: The federal government has decided to process the pending income tax refund claims up to Rs 50 million for...

Published 21 Aug, 2021 04:21am

Tax Laws (Third) Amend Ord being promulgated: Anomalies in Finance Act 2021 to be rectified

ISLAMABAD: The government has decided to promulgate Tax Laws (Third) Amendment Ordinance, 2021, to introduce some...

Published 19 Aug, 2021 02:56am

Business

FBR to disallow 60pc input tax of identified non-integrated Tier-1 retailers

LAHORE: The Federal Board of Revenue (FBR) would disallow input tax to all the Tier-1 retailers from August 15 in...

Published 10 Aug, 2021 04:39am

Pakistan

Customs intelligence restrained from taking action against IBR Enterprises

LAHORE: The Lahore High Court on Thursday restrained the officials of customs intelligence from carrying out any...

Published 06 Aug, 2021 04:18am

Pakistan

Agenda of good governance: FTO playing instrumental role: president

ISLAMABAD: President Dr Arif Alvi has said that the Federal Tax Ombudsman (FTO) was playing an instrumental role in...

Published 31 Jul, 2021 04:05am

Manufacturing units in zones: FBR announces new procedure

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a new procedure for the manufacturing units operating in...

Published 27 Jul, 2021 02:40am

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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