News stories for Dr Ikramul Haq

Dr Ikramul Haq

Opinion

Taxing what is not 'income'-II

In the Shahid Pervaiz v Ejaz Ahmad and others 2017 SCMR 206, 14-member bench of Supreme Court held: "....where the...

Published 13 Dec, 2020 02:44am

Opinion

'Services' & immovable property income taxation: Constitutional violations

The taxation of "services" mentioned in section 153(1)(b) of the Income Tax Ordinance, 2001 ["the Ordinance"] with...

Published 04 Dec, 2020 03:04am

Markets

Taxation: Doctrine of mutuality

It is an established principle that what is not "income" under the income tax law cannot be taxed, and where there ...

Published 27 Nov, 2020 03:08am

Opinion

Countering financial crimes

In recent days, Federal Board of Revenue (FBR) has taken many steps to enforce internal accountability mechanism to...

Published 20 Nov, 2020 03:04am

Markets

Achievements & challenges: Fiscal Front

It is heartening to note that despite the challenges faced by economy due to Covid-19, followed by complete and...

Published 13 Nov, 2020 02:57am

Markets

Unshackling debt shackles

It is now officially admitted that the coalition Government of Pakistan Tehreek-i-Insaf (PTI) secured over $13...

Published 06 Nov, 2020 02:59am

Markets

Reforming judicial system

It is a fact that nothing worthwhile has been done by Legislature-no matter whether under civilian or military...

Updated 26 Oct, 2020 09:17am

Opinion

Supreme Court's Annual Report 2018-19: Improving dispensation of justice

The purpose of annual reports published by the Supreme Court of Pakistan is to highlight its performance with ...

Published 16 Oct, 2020 02:45am

Opinion

Federation, taxes & distribution-II

There is something fundamentally wrong with the structure of distribution of taxing powers between the federation ...

Published 11 Oct, 2020 02:47am

Opinion

Federation, taxes & distribution - I

On April 27, 2020, the 9th National Finance Commission (NFC), like 8th NFC, remained fruitless as the federation and...

Published 09 Oct, 2020 02:37am

Markets

FBR's Tax Directory 2018 Analysis - I: Startling facts & fallacies

Reference two-part series (FBR's statistics: a critical analysis-I, Business Recorder, September 25, 2020 and FBR's...

Updated 02 Oct, 2020 03:25am

Opinion

FBR's statistics: a critical analysis - II

The same position prevailed for tax year 2017. Out of total registered companies, only 42% (37,130) filed returns! ...

Updated 27 Sep, 2020 02:57am

Markets

FBR's statistics: a critical analysis - I

On September 18, 2020, Federal Board of Revenue (FBR) released 'Parliamentarians' Tax Directory for Tax Year 2018',...

Published 25 Sep, 2020 02:45am

Opinion

Bewilderment over rational tax policy

There is a national consensus that the existing tax system needs to be completely restructured to provide an...

Published 18 Sep, 2020 02:59am

Opinion

Hidden agenda and 'deal' with Taliban-II

ARTICLE: George W. Bush appointed former aide to the American oil company UNOCAL, Afghan-born Zalmay Khalilzad, as...

Updated 13 Sep, 2020 02:57am

Markets

Hidden agenda and 'deal' with Taliban

ARTICLE: On September 11, 2001, nineteen years ago, humanity at large witnessed one of the most gruesome and heinous...

Published 11 Sep, 2020 02:42am

Opinion

Need to reconsider fiscal management

ARTICLE: Punjab is the most populous [110 million people] province of Pakistan with largest resources and budget ...

Published 04 Sep, 2020 02:57am

Opinion

Harmful taxation of IT/telecom sectors

ARTICLE: The Pakistan telecom sector contributes steady inflow of heavy tax collections under major heads like...

Published 28 Aug, 2020 02:02am

Opinion

Taxation hindering investment

ARTICLE: This survey shows that international and national evidence points out that taxation and growth are...

Published 21 Aug, 2020 03:10am

Opinion

Independence Day considerations

ARTICLE: Today we are celebrating 73rd Independence Day with a hope that the new government, after two years in...

Published 14 Aug, 2020 03:15am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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