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PRA

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

Pakistan

PRA breaks its own collection record in March

LAHORE: The Punjab Revenue Authority (PRA) has achieved a significant milestone in revenue collection during the...

Published 04 Apr, 2024 04:56am

Business & Finance

Feb PRA records 23pc growth in revenue

LAHORE: Punjab Revenue Authority (PRA) has collected Rs19.1 billion during the month of February 2024, which is 23%...

Published 05 Mar, 2024 03:09am

Business & Finance

WHT return filing through agent not sufficient to prove tax payment: PRA

LAHORE: The Punjab Revenue Authority (PRA) has established its tax demand by proving that mere filing of tax return...

Published 14 Jan, 2024 03:13am

Pakistan

Raid at office of private housing society: PRA unearths tax evasion worth billions of rupees

LAHORE: The Rawalpindi Commissionerate of Punjab Revenue Authority (PRA) has unearthed tax evasion worth billions of...

Published 09 Nov, 2023 05:38am

Business & Finance

Timely, transparent receipt of taxes, levies: PRA to collaborate with FCCI

FAISALABAD: Punjab Revenue Authority (PRA) will fully collaborate with Faisalabad Chamber of Commerce & Industry...

Published 03 Nov, 2023 06:11am

Telecom sector: FBR to implement single portal for ST return filing

ISLAMABAD: The Federal Board of Revenue (FBR) will implement a single portal for filing of single sales tax returns...

Updated 22 Oct, 2023 05:47pm

Business & Finance

Multiple issues facing business community: minister vows support

ISLAMABAD: The Punjab Revenue Authority (PRA) has assured the business community to resolve the multiple issues of...

Published 12 Oct, 2023 05:57am

Business & Finance

PRA raids two beauty salons for recovery of sales tax

LAHORE: The Punjab Revenue Authority (PRA) raided two leading beauty salons in posh area of Gulberg on Friday to...

Published 19 Aug, 2023 06:36am

Business & Finance

PRA surpasses revenue target for 4th consecutive year

LAHORE: The Punjab Revenue Authority (PRA) has surpassed yet another upwards revised target of Rs.197 billion four...

Published 28 Jun, 2023 06:31am

Business & Finance

Punjab govt has added no new sector to ST on services domain

LAHORE: The Punjab government has neither imposed a new tax nor added any new sector to the domain of sales tax on...

Published 20 Jun, 2023 03:16am

Business & Finance

Housing societies defying registration to avoid ST

LAHORE: Housing societies in Punjab are defying registration with the Punjab Revenue Authority (PRA) to avoid sales...

Published 28 May, 2023 03:34am

GST harmonization: FBR, provinces notify uniform ‘Place of Provision of Services Rules-2023’

ISLAMABAD: In a major breakthrough between the Federation and provinces on harmonisation of sales tax, the Federal...

Updated 16 Apr, 2023 10:06am

Business & Finance

October Punjab tax collection rises 33pc to 14.55bn YoY

LAHORE: The Punjab government has surpassed its monthly target yet again collecting Rs14.548 billion during October,...

Published 12 Nov, 2022 05:55am

Business & Finance

Punjab registers 31pc revenue growth during Q1

LAHORE: The Punjab Revenue Authority has registered 31% higher revenue during the 1st quarter of the Fiscal Year...

Published 14 Oct, 2022 03:39am

Business & Finance

Punjab surpasses ST collection on services in July

LAHORE: The Punjab government has collected Rs.14.37 billion during the month of July 2022 which is 37.1 percent...

Published 13 Aug, 2022 05:21am

Business & Finance

PRA surpasses revised ST on services target

LAHORE: The Punjab government has surpassed the upward revised sales tax on services target of Rs.165.5 billion for...

Published 30 Jun, 2022 06:07am

Business & Finance

PRA crosses Rs150bn mark in 11 months

LAHORE: The Punjab Revenue Authority (PRA) has become the first provincial revenue collection agency in the history...

Published 02 Jun, 2022 06:19am

Business & Finance

PRA likey to surpass tax collection target

LAHORE: Punjab Revenue Authority will surpass the annual budget target of revenue collection of Rs155.9 billion...

Published 12 Jan, 2022 04:25am

Business & Finance

PRA taxpayers’ number crosses 100,000 mark within 9 years

LAHORE: The Punjab Revenue Authority (PRA) taxpayers’ number has crossed 100,000 within nine years of its transfer...

Published 05 Jan, 2022 05:36am

Markets

Fuel shortages remain in south east England but improvements elsewhere

LONDON: Gas stations in London and southeast England continue to suffer a lack of fuel although the situation has...

Published 03 Oct, 2021 04:16am

Bilawal criticises govt for sharp rise in prices of POL products

ISLAMABAD: Pakistan People’s Party (PPP) Chairman Bilawal Bhutto Zardari has rejected the sharp rise in prices of...

Published 17 Sep, 2021 02:45am

Business & Finance

Sales tax on services: Punjab govt revises budget estimate to Rs141.2bn

LAHORE: The Punjab government has revised the budget estimate for sales tax on services to Rs.141.2 billion. It is...

Published 02 Jun, 2021 04:29am

Business

PRA collects over 70pc higher ST on services in April

LAHORE: The Punjab government has collected over 70 percent higher sales tax on services in the month of April. As...

Published 04 May, 2021 04:26am

Business & Finance

FBR, PRA sign MoU on Single Portal/ Sales Tax Return

SAPM on Revenue further added that now persons associated with businesses would only have to file one Sales Tax Return instead of many returns. He further said that this step would help bring simplification in the tax system and procedure.

Published 08 Apr, 2021 10:27am

Business & Finance

Bank of England seeks to contain banking glitches, cyber attacks

At a time when Brexit is focusing minds on the future of financial services, this is an area of regulatory policy that provides an opportunity for UK financial services to gain competitive advantage on the global stage.
"The speed at which vulnerabilities are remediated should be commensurate with the potential impact that a disruption would cause, and will be an area of supervisory focus," the BoE said.

Published 29 Mar, 2021 06:26pm

Business & Finance

PRA seeks tax proposals from stakeholders

LAHORE: Punjab Revenue Authority (PRA) has sought tax proposals from all of its stakeholders for the upcoming budget...

Published 23 Feb, 2021 05:20am

Editorials

The taxation puzzle

EDITORIAL: In a webinar last week, Punjab Revenue Authority (PRA) chairman said that high rates of taxes remained ...

Published 29 Jan, 2021 04:55am

Business

High tax rates reason for non-compliance: PRA chief

ISLAMABAD: The Punjab Revenue Authority (PRA) chairman Zain Sahi said the high rates of taxes remained the primary...

Published 24 Jan, 2021 03:32am

Business

Six months: Punjab witnesses 9pc surge in indigenous revenue generation

LAHORE: Punjab Finance Minister Hashim Jawan Bakht said that the province witnessed an increase of 9 percent in...

Published 21 Jan, 2021 04:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.78
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 10	5222.68
India Sensex / May 10	72664.47
Tokyo Nikkei / May 10	38229.11
Nasdaq / May 10	16340.87
Hang Seng / May 10	18963.68
FTSE 100 / May 10	8433.76
Dow Jones / May 10	39512.84
Germany DAX 30 / May 10	18772.85

Item	Value
Crude Oil USD/Barrel / May 10	78.26
Gold Spot USD/Ounce / May 10	2360.50
Cotton US¢/pound / May 10	77.31
Petrol/Litre / May 11	288.49
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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