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WHT

Imposition of 10pc WHT on sale of shares: Expert identifies ‘serious’ legal flaws in proposed provision of bill

ISLAMABAD: There are serious legal flaws in the proposed provision of the Finance (Supplementary) Bill, 2023 on...

Published 19 Feb, 2023 03:19am

10pc WHT imposed on sales of shares for documentation

ISLAMABAD: The government has imposed a 10 percent withholding tax at the time of sales of shares of the companies...

Updated 18 Feb, 2023 08:57am

Non-filers: Govt considering imposing WHT on banking transactions

ISLAMABAD: The government is considering to impose withholding tax on banking transactions of non-filers of income...

Updated 24 Jan, 2023 09:01am

Telecom sector: Ministry takes up WHT issue with Finance Division, FBR

ISLAMABAD: The Ministry of Information Technology and Telecommunication has taken up the issue of withholding tax on...

Updated 24 Nov, 2022 09:41am

Business & Finance

WHT on passenger transport vehicles: FBR issues ‘legal’ clarification

ISLAMABAD: Taking prompt action on transporters’ complaints, the Federal Board of Revenue (FBR) Wednesday night...

Published 01 Sep, 2022 05:50am

Exam paper marking work: FTO terms 10pc WHT on teaching community ‘discriminatory’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has declared that the imposition of 10 percent withholding tax by the...

Updated 20 Aug, 2022 10:17am

Business & Finance

FPCCI for cut in duty on polyester yarn

KARACHI: Suleman Chawla, Acting President FPCCI, has proposed that custom duty on polyester filament yarn should be...

Published 31 May, 2022 05:11am

Business & Finance

WHT revision under study to reduce cost of doing business: FBR chief

KARACHI: FBR Chairman Dr Ashfaq Ahmad Monday said the federal government is contemplating revising the Withholding...

Published 22 Mar, 2022 05:21am

WHT revision under study to reduce cost of doing business: FBR chief

KARACHI: FBR Chairman Dr Ashfaq Ahmad Monday said the federal government is contemplating revising the Withholding...

Updated 22 Mar, 2022 09:36am

Business & Finance

NA body told: There’s no change in tax, concessionary WHT regime for jewelers

ISLAMABAD: Despite withdrawal of sales tax exemption on jewellery under the Finance (Supplementary) Act, 2022, there...

Published 17 Feb, 2022 06:37am

Govt seeks a way to reduce WHT for Chinese IPPs

ISLAMABAD: The Government is reportedly finding an innovative mode to reduce Withholding Tax (WHT) for Chinese IPPs...

Updated 08 Feb, 2022 09:58am

Mobile phone calls: 10pc to 15pc WHT hike proposed

ISLAMABAD: The government has proposed to increase withholding tax on mobile telephone calls from 10 to 15 percent....

Updated 31 Dec, 2021 10:19am

Discrepancies in manual data: FBR to switch real-time WHT collection from power consumers

ISLAMABAD: Federal Board of Revenue (FBR) has decided to switch real time collection of withholding tax from...

Updated 11 Dec, 2021 12:37pm

WHT on import of drones donated by China abolished

ISLAMABAD: The Federal Board of Revenue (FBR) has abolished withholding tax on the import of drones donated by the...

Published 02 Nov, 2021 03:50am

WHT collection: Decline from cash withdrawals from banks witnessed

ISLAMABAD: The Federal Board of Revenue (FBR) has witnessed a negative 0.2 percent growth in withholding tax...

Updated 17 Sep, 2021 09:51am

Wapda projects: AGP detects Rs3bn malfeasance in deduction, payment of WHT

ISLAMABAD: The Auditor General of Pakistan (AGP) has detected discrepancies of around Rs3 billion in deduction and...

Updated 24 Aug, 2021 01:30pm

Import of 61 items: WHT exemption extended up to Dec 31

ISLAMABAD: The Federal Board of Revenue (FBR) has extended period for exemption of withholding tax on the import of...

Updated 14 Aug, 2021 11:44am

Business

FBR to apply WHT on online marketplaces from next month

LAHORE: The Federal Board of Revenue (FBR) has set September 1, 2021 as the effective date for the withholding of ...

Published 13 Aug, 2021 04:44am

Business & Finance

Cut in CGT, deletion of WHT positive for capital market: analysts

KARACHI: With the reduction in Capital Gains Tax to 12.5 percent and deletion of WHT, the Federal Budget for FY22 is...

Published 12 Jun, 2021 05:04am

Cabinet exempts Railways business partners from 10pc WHT

ISLAMABAD: The Federal Cabinet has exempted Pakistan Railways' business partners from 10 percent Withholding Tax of...

Published 11 May, 2021 04:39am

Offshore supply contractors in AJK under CPEC: ECC set to approve tax exemption

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is all set to approve exemption in taxes for...

Updated 05 May, 2021 10:36am

Business & Finance

Telecom sector proposes abolishment of WHT

ISLAMABAD: Aimed at making the internet and data services affordable to low-income groups, the telecom sector has...

Published 05 May, 2021 04:01am

Private parties engaged in business with Railways: Exemption of 10pc WHT opposed by FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has opposed exemption of private parties from 10 percent Withholding...

Published 04 May, 2021 04:26am

Business

Attachment of bank accounts of taxpayers: FTO for restricting powers of tax officials

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

Published 28 Apr, 2021 03:18am

Business

FBR considering reduction in number of WHT lines

ISLAMABAD: The Federal Board of Revenue’s major guiding principles of tax policy included reduce dependence on...

Published 21 Apr, 2021 03:21am

Business

Budget proposals: OICCI recommends unified sales tax rate of 13pc

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted comprehensive taxation...

Published 01 Apr, 2021 04:10am

Pakistan

Business community hails Govt decision to reduce turnover tax and WHT to 0.25 percent for high-volume sector

He urged FBR to rationalize tax rates in consultation with chambers of commerce and Industry and other trade bodies.

Published 09 Mar, 2021 07:03pm

Business & Finance

FBR grants relief from WHT on NTC services

ISLAMABAD: The Federal Board of Revenue (FBR) has granted exemption from withholding tax on services provided by the...

Updated 16 Feb, 2021 09:32am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 23 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 23 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▼ 0.00 (0.00%)
Agro Allianz / Mar 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 23 Allied Bank Limited(ABL)	64.85 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 23 Abbott Laboratories (Pakistan) Limited(ABOT)	399 ▼ 0.00 (0.00%)
Abson Ind. / Mar 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 23 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 23 Attock Cement Pakistan Limited(ACPL)	58.87 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 23 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 23 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▲ 0.00 (0.00%)
Agro Allianz / Mar 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 23 Allied Bank Limited(ABL)	64.85 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 23 Abbott Laboratories (Pakistan) Limited(ABOT)	399 ▲ 0.00 (0.00%)
Abson Ind. / Mar 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 23 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 23 Attock Cement Pakistan Limited(ACPL)	58.87 ▲ 0.00 (0.00%)

Stock	Volume
Fauji Cement / Mar 23 Fauji Cement Company Limited(FCCL)	17,487,500 ▲ 0.00
WorldCall Telecom / Mar 23 Worldcall Telecom Limited(WTL)	11,071,860 ▲ 0.00
Thatta Cement / Mar 23 Thatta Cement Company Limited(THCCL)	9,211,500 ▲ 0.00
Fauji Foods Ltd / Mar 23 Fauji Foods Limited(FFL)	7,792,084 ▲ 0.00
Ghani Glo Hol / Mar 23 Ghani Global Holdings Limited(GGL)	5,968,150 ▲ 0.00
Telecard Limited / Mar 23 Telecard Limited(TELE)	5,558,000 ▲ 0.00
Hascol Petrol / Mar 23 Hascol Petroleum Limited(HASCOL)	4,387,500 ▲ 0.00
Meezan Bank / Mar 23 Meezan Bank Limited(MEBL)	3,700,308 ▲ 0.00
Cnergyico PK / Mar 23 Cnergyico PK Limited(CNERGY)	3,587,106 ▲ 0.00
Maple Leaf Cement / Mar 23 Maple Leaf Cement Factory Limited(MLCF)	3,522,701 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 23	130.66
USD to Swiss Franc / Mar 23	0.92
Pound Sterling to USD / Mar 23	1.23
Euro to USD / Mar 23	1.09
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 22	3936.97
Nasdaq / Mar 22	11669.96
FTSE 100 / Mar 22	7566.84
Dow Jones / Mar 22	32030.11
Germany DAX 30 / Mar 22	15216.19
France CAC40 / Mar 22	7131.12
India Sensex / Mar 23	58237.40
Tokyo Nikkei / Mar 23	27437.56
Hang Seng / Mar 23	19839.01

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 23	70.15
Gold Spot USD/Ounce / Mar 23	1979.86
Cotton US¢/pound / Mar 23	78.84

WHT

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