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Budgets

Tax proposals: PBC calls for ‘out of box solutions’

The Pakistan Business Council (PBC), one of the country’s largest corporate sector advocacy platforms, has urged...

Updated 20 May, 2024 03:37pm

Taxes

KPRA continues crackdown on non-compliant taxpayers

PESHAWAR: To improve tax compliance and discourage tax evasion, the Khyber Pakhtunkhwa Revenue Authority (KPRA)...

Published 20 May, 2024 05:44am

Taxes

Delay in issuance of tax refund for 2013-14: CTO involved in justice maladministration: FTO

ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah in a landmark judgment has declared that Corporate ...

Published 20 May, 2024 05:44am

2024-05-20-02-07

Erstwhile Pata, Fata: PPP vows to resist levy of taxes

PESHAWAR: Pakistan Peoples Party (PPP) has announced to resist the levy of taxes to the erstwhile Pata and Fata and...

Published 20 May, 2024 05:44am

Taxes

Customs seizes Rs250m of contraband medicines

KARACHI: Collectorate of Customs Enforcement, Karachi on Saturday seized a huge quantity of foreign-origin and...

Published 19 May, 2024 03:00am

2024-05-18-02-40

Blocking SIM cards of non-filers: JWG constituted to streamline process

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Joint Working Group (JWG) of tax officials and...

Updated 18 May, 2024 08:41am

Taxes

Hike in FED, GST on tobacco in budget: Shehla urges MPs, stakeholders to join efforts

ISLAMABAD: Member National Assembly Shehla Raza Friday asked the parliamentarians and stakeholders to join efforts...

Published 18 May, 2024 05:45am

Taxes

Revised proposals from tax and non-tax depts approved

LAHORE: The Cabinet Committee on Resource Mobilization for the fiscal year 2024-25 has approved the revised ...

Published 18 May, 2024 05:45am

Business & Economy

PBC calls for the removal of 1% CVT on foreign assets

The Pakistan Business Council (PBC), the country’s largest corporate sector advocacy platform, has called for the...

Updated 17 May, 2024 05:55pm

Taxes

Bakhtiar Muhammad appointed as FBR spokesperson

ISLAMABAD: Bakhtiar Muhammad, a BS-21 officer of Inland Revenue Service, presently posted as Member (PR), Federal...

Published 17 May, 2024 05:50am

Taxes

AG KP agrees to withhold ST on services from bills

PESHAWAR: Director General KPRA held a meeting with Accountant General Khyber Pakhtunkhwa to discuss issues relating...

Published 17 May, 2024 05:50am

Taxes

All services under PRA will be brought under tax net: Minister

LAHORE: In order to facilitate the documentation of the economy in Punjab, all services under the Punjab Revenue...

Published 16 May, 2024 06:28am

Taxes

SPARC says seeks increased taxation on cigarettes

ISLAMABAD: Society for the Protection of the Rights of the Child (SPARC) has proposed Federal Board of Revenue (FBR)...

Published 16 May, 2024 06:28am

Taxes

Federal cabinet approves rules to expedite disposal of pending tax cases

The Inland Revenue Appellate Tribunals' member appointments will be governed by approved regulations

Published 15 May, 2024 04:31pm

Taxes

NGO for tax reforms in cigarette manufacturing sector

ISLAMABAD: Capital Calling, an Islamabad-based think tank, has pointed out that cigarette manufacturing is one of ...

Published 15 May, 2024 05:47am

Taxes

Filing of reference before high court: Mandatory payment of 30pc may be withdrawn: PTBA

KARACHI: Pakistan Tax Bar Association (PTBA) has urged the ministry of law and justice to withdraw the mandatory...

Published 15 May, 2024 05:47am

Taxes

OIR fails to prove wrong adjustment of tax refund

LAHORE: An Officer of Inland Revenue (OIR) could not prove that a private limited company engaged in production ...

Published 15 May, 2024 05:47am

Taxes

Case involving release of vehicle: FBR directed to investigate allegations of maladministration by Taftan, Quetta customs

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued directives to the Federal Board of Revenue (FBR) to ...

Published 15 May, 2024 05:47am

Taxes

IPSOS report highlights alarming issues in Pakistan’s tobacco industry

ISLAMABAD: A latest report of significant credibility, published by IPSOS, an esteemed international surveying...

Published 14 May, 2024 05:18am

Taxes

Call to raise tobacco taxes up to 70pc to minimise consumption

ISLAMABAD: Malik Imran Ahmed, country head of “The Campaign for Tobacco Free Kids” (CTFK) has urged the...

Published 14 May, 2024 05:18am

Taxes

Drive against unregistered, tax-defaulting vehicles intensified

KARACHI: On the instructions of Sindh’s Senior Minister and Provincial Minister for Information, Excise, Taxation,...

Published 14 May, 2024 05:18am

Taxes

Tribunal sets aside orders of OIR for not following directions of Commissioner-IR Appeals

LAHORE: An Income Tax Tribunal has set-aside the orders of an Officer Inland Revenue (OIR) for not following the...

Published 12 May, 2024 03:09am

Taxes

Telecos agree to start blocking SIMs of non-filers

ISLAMABAD: The cellular companies’/ telecom operators have agreed with the Federal Board of Revenue (FBR) to...

Published 11 May, 2024 06:22am

Taxes

IMF asks govt to raise taxes on luxury goods

ISLAMABAD: International Monetary Fund (IMF) has asked government to progressively raise excises on luxury goods...

Published 11 May, 2024 06:22am

Taxes

PRA takes action against ‘tax evader’

LAHORE: The Rawalpindi Commissionerate of Punjab Revenue Authority (PRA) has sealed the license of a manpower...

Published 11 May, 2024 06:22am

Taxes

FBR starts process of blocking mobile SIMs of non-filers

First batch comprising 5,000 non-filers has been communicated to telecom operators for disabling their mobile phone SIMs, board says

Updated 11 May, 2024 12:29am

Taxes

Tajir Dost Scheme: First phase limited to only registration: FBR

PESHAWAR: Chief Commissioner Inland Revenue, Regional Tax Office (RTO) Peshawar, Zafar Iqbal Khan has said that the...

Published 10 May, 2024 04:17am

Taxes

Seeking stay from court against recovery: 30pc of disputed tax will be deposited with FBR under new Act

ISLAMABAD: Taxpayers have to deposit 30 percent of the determined tax with the Federal Board of Revenue (FBR) in...

Published 09 May, 2024 03:11am

Taxes

Taxes on cigarettes: think tank for taking health cost into account

ISLAMABAD: Capital Calling, an Islamabad-based think tank on Wednesday strongly proposed that the taxes on...

Published 09 May, 2024 03:11am

Taxes

Raising tobacco taxes: experts say significant progress made

ISLAMABAD: Pakistan has made significant progress in raising tobacco taxes with new recommendations of the World...

Updated 07 May, 2024 08:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	278.30
USD PKR Interbank Buying / May 20	278.10
USD to Japanese Yen / May 20	155.76
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 17	5303.27
India Sensex / May 17	73917.03
Nasdaq / May 17	16685.97
Dow Jones / May 17	40003.59
Tokyo Nikkei / May 20	39197.34
Hang Seng / May 20	19650.18
FTSE 100 / May 20	8442.03
Germany DAX 30 / May 20	18754.68

Item	Value
Karachi Cotton PKR/37.32 KG / May 17	19935
Petrol/Litre / May 20	273.10
Crude Oil USD/Barrel / May 20	80.09
Gold 10 Grams PKR / May 20	214678
Gold Spot USD/Ounce / May 20	2436.84
Diesel/Litre / May 20	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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