News stories for Muhammad Ali - Business Recorder

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New vehicles: No notification yet on lifting of curbs on non-filers

The federal government has so far not issued any notification regarding the abolishment of restriction imposed on non-filers for the purchase of new vehicles. The government through Finance Supplementary (Second Amendment Bill) 2019 proposed Clause 4(8) a

Published 08 Feb, 2019 12:00am

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Collection not to exceed Rs 4.1 trillion, FBR tells Umar

The Federal Board of Revenue (FBR) has reportedly informed the finance minister that the revenue collection would remain not more than Rs4,100 billion in ongoing financial year; it is learnt. According to sources, the FBR apprised the finance minister tha

Published 06 Feb, 2019 12:00am

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Collection not to exceed Rs 4.1 trillion, FBR tells Umar

The Federal Board of Revenue (FBR) has reportedly informed the finance minister that the revenue collection would remain not more than Rs4,100 billion in ongoing financial year; it is learnt. According to sources, the FBR apprised the finance minister tha

Published 06 Feb, 2019 12:00am

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Collection not to exceed Rs 4.1 trillion, FBR tells Umar

The Federal Board of Revenue (FBR) has reportedly informed the finance minister that the revenue collection would remain not more than Rs4,100 billion in ongoing financial year; it is learnt. According to sources, the FBR apprised the finance minister tha

Published 06 Feb, 2019 12:00am

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Filers who availed amnesty scheme: FBR suspends notices about source of investment

The Federal Board of Revenue (FBR) has suspended all notices issued to inquire source of investment from filers who availed amnesty scheme; it is learnt. According to sources, field formations across the country have started issuing notices to filers, ask

Published 02 Feb, 2019 12:00am

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Filers who availed amnesty scheme: FBR suspends notices about source of investment

The Federal Board of Revenue (FBR) has suspended all notices issued to inquire source of investment from filers who availed amnesty scheme; it is learnt. According to sources, field formations across the country have started issuing notices to filers, ask

Published 02 Feb, 2019 12:00am

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Filers who availed amnesty scheme: FBR suspends notices about source of investment

The Federal Board of Revenue (FBR) has suspended all notices issued to inquire source of investment from filers who availed amnesty scheme; it is learnt. According to sources, field formations across the country have started issuing notices to filers, ask

Published 02 Feb, 2019 12:00am

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Customs to levy 22-30 percent tax on import of mobile devices by mid-February

The customs department will begin collecting at least 22 to 30 percent duty/taxes on the imports of mobile devices as the PTA plans only compliant mobile devices business in the country. Pakistan Telecommunication Authority (PTA) with the approval of the

Published 30 Jan, 2019 12:00am

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FBR receives 240,343 less tax returns for TY18

The Federal Board of Revenue (FBR) has received 1,552,287 returns for Tax Year 2018 as compared to 1,792,630 returns filed in Tax Year 2017. This was stated by Pakistan Tax Bar Association (PTBA) in its letter sent to the Finance Minister Asad Umar here.

Published 19 Jan, 2019 12:00am

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FBR receives 240,343 less tax returns for TY18

The Federal Board of Revenue (FBR) has received 1,552,287 returns for Tax Year 2018 as compared to 1,792,630 returns filed in Tax Year 2017. This was stated by Pakistan Tax Bar Association (PTBA) in its letter sent to the Finance Minister Asad Umar here.

Published 19 Jan, 2019 12:00am

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FBR receives 240,343 less tax returns for TY18

The Federal Board of Revenue (FBR) has received 1,552,287 returns for Tax Year 2018 as compared to 1,792,630 returns filed in Tax Year 2017. This was stated by Pakistan Tax Bar Association (PTBA) in its letter sent to the Finance Minister Asad Umar here.

Published 19 Jan, 2019 12:00am

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Taxmen get arrest warrants for employee, employer

Federal Board of Revenue (FBR) has started tightening the noose around persons, involved in investing millions in the names of their employees for concealing income and depriving exchequer of due amount of tax. In its latest action, the tax department (Zo

Published 18 Jan, 2019 12:00am

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Taxmen get arrest warrants for employee, employer

Federal Board of Revenue (FBR) has started tightening the noose around persons, involved in investing millions in the names of their employees for concealing income and depriving exchequer of due amount of tax. In its latest action, the tax department (Zo

Published 18 Jan, 2019 12:00am

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Taxmen get arrest warrants for employee, employer

Federal Board of Revenue (FBR) has started tightening the noose around persons, involved in investing millions in the names of their employees for concealing income and depriving exchequer of due amount of tax. In its latest action, the tax department (Zo

Published 18 Jan, 2019 12:00am

Markets

Imported vehicles: payment of duty, taxes in forex made mandatory

The Ministry of Commerce and Textile has declared that payment of duty and taxes in foreign exchange is mandatory for the clearance of imported new & used vehicles. The decision is aimed at alleviating pressure and strengthening foreign exchange reserves,

Published 17 Jan, 2019 12:00am

Markets

Imported vehicles: payment of duty, taxes in forex made mandatory

The Ministry of Commerce and Textile has declared that payment of duty and taxes in foreign exchange is mandatory for the clearance of imported new & used vehicles. The decision is aimed at alleviating pressure and strengthening foreign exchange reserves,

Published 17 Jan, 2019 12:00am

Markets

Imported vehicles: payment of duty, taxes in forex made mandatory

The Ministry of Commerce and Textile has declared that payment of duty and taxes in foreign exchange is mandatory for the clearance of imported new & used vehicles. The decision is aimed at alleviating pressure and strengthening foreign exchange reserves,

Published 17 Jan, 2019 12:00am

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LTU makes Rs 1.285 billion recovery

Large Taxpayers Unit (LTU), Karachi, has made a huge tax recovery of Rs 1.285 billion during outgoing calendar year from National Insurance Company Limited (NICL); it was learnt here. Official sources told Business Recorder that the zone-III, unit-

Published 01 Jan, 2019 12:00am

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LTU makes Rs 1.285 billion recovery

Large Taxpayers Unit (LTU), Karachi, has made a huge tax recovery of Rs 1.285 billion during outgoing calendar year from National Insurance Company Limited (NICL); it was learnt here. Official sources told Business Recorder that the zone-III, unit-

Published 01 Jan, 2019 12:00am

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LTU makes Rs 1.285 billion recovery

Large Taxpayers Unit (LTU), Karachi, has made a huge tax recovery of Rs 1.285 billion during outgoing calendar year from National Insurance Company Limited (NICL); it was learnt here. Official sources told Business Recorder that the zone-III, unit-

Published 01 Jan, 2019 12:00am

Currency	Rate
USD PKR Interbank Selling / Oct 31	277.92
USD PKR Interbank Buying / Oct 31	277.72
USD to Japanese Yen / Oct 31	152.20
USD to Swiss Franc / Oct 31	0.86
Pound Sterling to USD / Oct 31	1.30
Euro to USD / Oct 31	1.09

Stock	Volume
S&P 500 / Oct 30	5,813.67
Nasdaq / Oct 30	18,607.93
Dow Jones / Oct 30	42,141.54
India Sensex / Oct 31	79,453.59
Tokyo Nikkei / Oct 31	39,081.25
Hang Seng / Oct 31	20,382.25
FTSE 100 / Oct 31	8,105.12
Germany DAX 30 / Oct 31	19,158.33

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Petrol/Litre / Oct 31	247.03
Crude Oil USD/Barrel / Oct 31	69
Gold Spot USD/Ounce / Oct 31	2,781.74
Diesel/Litre / Oct 31	251.29

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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