Business & Finance » Taxes

Taxes

‘Late document submission doesn't void self-assessment benefit’

LAHORE: A tax appellate forum has declared that failure on the part of an assessee to submit documents within...

Published 18 Mar, 2025 08:08am

Taxes

Education board employees get relief from FTO

LAHORE: Thousands of teachers and staff associated with the secondary education boards have received a significant...

Published 16 Mar, 2025 02:50am

Taxes

FBR online system: SAI president concerned at issues faced by IRIS users

KARACHI: Ahmed Azeem Alvi, President of the SITE Association of Industry, has expressed serious concerns over the...

Published 16 Mar, 2025 02:50am

Taxes

PE&TD announces crackdown on property tax defaulters

LAHORE: The Punjab Excise And Taxation Department has announced a decisive crackdown on property tax defaulters as...

Published 15 Mar, 2025 06:30am

Taxes

KTBA requests FBR to resolve technical glitches, remove anomalies in IRIS portal

KARACHI: Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to resolve technical...

Published 15 Mar, 2025 05:22am

Taxes

FBR establishes Customs warehousing station at District Buner

ISLAMABAD: The Federal Board of Revenue (FBR) has established a Customs warehousing station at District Buner. The...

Published 11 Mar, 2025 05:35am

Taxes

Govt eyes insurance sector to diversify lending sources: Aurangzeb

Finance Minister Muhammad Aurangzeb on Monday said the government seeks to diversify beyond the banking sector for...

Updated 10 Mar, 2025 11:33pm

Taxes

Sections 4B & 4C of Income Tax law: SC will hear petitions from tomorrow

ISLAMABAD: A five-judge of constitutional bench of Supreme Court will hear petitions regarding Section 4B and 4C of...

Published 09 Mar, 2025 05:17am

Taxes

Punishment to taxmen: FBR fails to act on FTO’s key recommendations

ISLAMABAD: The Federal Board of Revenue (FBR) has failed to implement the key recommendations of the Federal Tax...

Published 08 Mar, 2025 02:48am

Taxes

FY26 budget: Govt urged to introduce fixed tax regime for traders

KARACHI: Malik Khuda Bakhsh, Convener of the FPCCI Energy Committee and President of the Pakistan Business Forum...

Published 08 Mar, 2025 02:48am

Cotton & Textile

Pakistan Textile Council voices concerns over proposed amendments to EFS

The Pakistan Textile Council (PTC), a not-for-profit research and advocacy platform, has voiced concerns over the...

Updated 06 Mar, 2025 10:46pm

Taxes

Supervisory, invigilation duties: FTO asks FBR to insulate teachers from paying WT under Sec 153

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure all salary...

Published 04 Mar, 2025 06:30am

Taxes

First public-sector tax agency: SRB attains ICAP’s TOoP status

KARACHI: The government of Sindh has announced that the Institute of Chartered Accountants of Pakistan (ICAP) has...

Published 01 Mar, 2025 06:28am

Taxes

Sindh increases penalties: Late registration could cost vehicle owners up to Rs200,000

The Sindh government’s Motor Registration Authority has raised the penalty for late vehicle registration by up...

Updated 28 Feb, 2025 08:29pm

Taxes

FBR suspends two Customs officers

ISLAMABAD: The Federal Board of Revenue (FBR) has suspended two Customs officers at Taftan (Pakistan-Iran border)...

Published 28 Feb, 2025 06:24am

Taxes

Transit to Afghanistan: FBR to clear DAP consignments through Gwadar Port

ISLAMABAD: The Federal Board of Revenue (FBR) will clear consignments of Di-Ammonium Phosphate (DAP) in transit to...

Published 27 Feb, 2025 08:48am

Taxes

Windfall tax: FBR recovers Rs 23bn from 16 banks

ISLAMABAD: The Federal Board of Revenue (FBR) has recovered Rs 23 billion from 16 banks on account of windfall tax...

Published 24 Feb, 2025 06:23am

Business & Economy

Govt plans to reduce financial burden on salaried class in upcoming budget: FM Aurangzeb

Finance Minister Muhammad Aurangzeb has announced his government’s intention to reduce the financial burden on the...

Updated 23 Feb, 2025 10:48pm

Business & Economy

Govt won’t support ‘plots and files’ business, says Aurangzeb

Finance Minister Muhammad Aurangzeb on Saturday reiterated the government’s commitment towards structural reforms,...

Updated 22 Feb, 2025 09:12pm

Taxes

ICC Champions Trophy 2025: ECC approves income tax exemption for ICC

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved income tax exemption for the...

Published 21 Feb, 2025 06:49am

Taxes

Real estate sector: FBR asked to grant tax relief incentives

ISLAMABAD: A foreign investor in the real estate sector on Wednesday proposed the Federal Board of Revenue (FBR) for...

Published 20 Feb, 2025 07:21am

Taxes

Duty and Tax Remission on Exports: Taxpayer avails duty & taxes applicable on damaged goods

LAHORE: A taxpayer has succeeded in availing duty and taxes applicable on damaged goods under Duty and Tax Remission...

Published 20 Feb, 2025 06:44am

Taxes

PVMA chief slams tax exemption policy for FATA/PATA

KARACHI: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has strongly...

Published 20 Feb, 2025 06:44am

Taxes

Taxpayer allowed ‘evaded’ tax for mentioning ‘wrong’ provision of law in notice

LAHORE: A higher appellate forum has allowed taxpayer to keep evaded tax for mentioning wrong provision of law in...

Published 18 Feb, 2025 03:01am

Taxes

FAPUASA urges FBR to halt revoking 25pc tax rebate for teachers

LAHORE: The Federation of All Pakistan Universities Academic Staff Associations (FAPUASA) has urgently called on the...

Published 17 Feb, 2025 03:09am

Taxes

Delaying tactics in refunds: Taxpayers being forced to withdraw complaints filed with FTO: experts

ISLAMABAD: Tax advisers have reported incidents where tax officials are allegedly pressurizing taxpayers to withdraw...

Published 14 Feb, 2025 08:56am

2025-02-13-01-36

Issuance of refunds: Taxpayers being pressurized to withdraw complaint

ISLAMABAD: Tax advisers have reported incidents where tax officials are allegedly pressurizing taxpayers to withdraw...

Published 13 Feb, 2025 07:55am

2025-02-10-02-01

Joint body to be reactivated to address taxpayers’ issues

PESHAWAR: A joint advisory committee between traders and Regional Tax Office (RTO) Peshawar, Federal Board of ...

Published 10 Feb, 2025 05:35am

Taxes

‘Vessels, ships procured or purchased must be exempted from ST’

KARACHI: Standing Committee meeting on Maritime Affairs met under the Chairmanship of Abdul Qadir Patel, MNA. Taking...

Published 08 Feb, 2025 06:30am

Taxes

Tax experts accuse IR officials of misusing power

ISLAMABAD: Tax experts have expressed concern that deputation of Inland Revenue officials at business/manufacturing...

Published 07 Feb, 2025 08:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 17	280.20
USD PKR Interbank Buying / Mar 17	280
USD to Japanese Yen / Mar 17	148.87
USD to Swiss Franc / Mar 17	0.88
Pound Sterling to USD / Mar 17	1.29
Euro to USD / Mar 17	1.09
UK LIBOR % / Mar 14	4.96

Stock	Volume
S&P 500 / Mar 14	5,638.94
Nasdaq / Mar 14	17,754.09
Dow Jones / Mar 14	41,488.19
India Sensex / Mar 17	74,169.95
Tokyo Nikkei / Mar 17	37,396.52
Hang Seng / Mar 17	24,145.57
FTSE 100 / Mar 17	8,646.06
Germany DAX 30 / Mar 17	23,033.59
France CAC40 / Mar 17	8,051.37

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 14	17,285
Gold 10 Grams PKR / Mar 14	269,204
Crude Oil USD/Barrel / Mar 17	67.74
Gold Spot USD/Ounce / Mar 17	2,990.19
Cotton US¢/pound / Mar 17	67.49
Petrol/Litre / Mar 18	255.63
Diesel/Litre / Mar 18	258.64

Gainers
Losers
Leaders

Stock	Price
Universal Ins. / Mar 17 The Universal Insurance Company Limited(UVIC)	10.02 ▲ 1 (11.09%)
Bunnys Limited / Mar 17 Bunnys Limited(BNL)	15.90 ▲ 1.45 (10.03%)
Kohinoor Ind. / Mar 17 Kohinoor Industries Limited(KOIL)	13.17 ▲ 1.2 (10.03%)
PIA Holding Co.B / Mar 17 PIA Holding Company Limited B(PIAHCLB)	942.61 ▲ 85.69 (10%)
Frontier Ceram / Mar 17 Frontier Ceramics Limited(FRCL)	22.98 ▲ 2.09 (10%)
At-Tahur Ltd. / Mar 17 At-Tahur Limited(PREMA)	51.79 ▲ 4.71 (10%)
Fazal Cloth / Mar 17 Fazal Cloth Mills Limited(FZCM)	163.71 ▲ 14.88 (10%)
Agritech Limited / Mar 17 Agritech Limited(AGL)	62.05 ▲ 5.64 (10%)
Chakwal Spinning / Mar 17 Chakwal Spinning Mills Limited(CWSM)	51.96 ▲ 4.72 (9.99%)
Int. Knit. / Mar 17 International Knitwear Limited(INKL)	17.96 ▲ 1.63 (9.98%)

Stock	Price
B.O.Punjab / Mar 17 The Bank of Punjab(BOP)	11.65 ▼ -1.44 (-11%)
AN Textile Mill / Mar 17 AN Textile Mills Limited(ANTM)	10.08 ▼ -1.11 (-9.92%)
D.M. Textile / Mar 17 D.M. Textile Mills Limited(DMTX)	57 ▼ -6 (-9.52%)
Shahtaj Sugar / Mar 17 Shahtaj Sugar Mills Limited(SHJS)	100.11 ▼ -9.79 (-8.91%)
Fateh Sports / Mar 17 Fateh Sports Wear Limited(FSWL)	71 ▼ -6.93 (-8.89%)
Barkat Frisian Agro / Mar 17 Barkat Frisian Agro Limited(BFAGRO)	27.16 ▼ -2.32 (-7.87%)
F.Credit & Inv / Mar 17 First Credit and Investment Bank Limited(FCIBL)	7.70 ▼ -0.6 (-7.23%)
EFU General / Mar 17 EFU General Insurance Limited(EFUG)	121.60 ▼ -9.46 (-7.22%)
EFU Life Assr / Mar 17 EFU Life Assurance Limited(EFUL)	151 ▼ -10.46 (-6.48%)
First Punjab Modaraba / Mar 17 First Punjab Modaraba(FPJM)	3.74 ▼ -0.25 (-6.27%)

Stock	Volume
Pak Elektron / Mar 17 Pak Elektron Limited(PAEL)	48,037,327 ▲ 2.86
B.O.Punjab / Mar 17 The Bank of Punjab(BOP)	46,428,647 ▼ -1.44
Pak Int.Bulk / Mar 17 Pakistan International Bulk Terminal(PIBTL)	42,700,806 ▲ 0.2
Fauji Foods Ltd / Mar 17 Fauji Foods Limited(FFL)	25,615,139 ▲ 0.14
WorldCall Telecom / Mar 17 Worldcall Telecom Limited(WTL)	19,236,322 ▼ -0.01
Fauji Cement / Mar 17 Fauji Cement Company Limited(FCCL)	18,756,398 ▲ 0.92
Maple Leaf Cement / Mar 17 Maple Leaf Cement Factory Limited(MLCF)	18,454,533 ▲ 0.39
Silk Bank Ltd / Mar 17 Silkbank Limited(SILK)	16,324,496 ▲ 0.02
PIA Holding Co.Ltd / Mar 17 PIA Holding Company Limited(PIAHCLA)	14,192,483 ▲ 1.45
Pak Refinery / Mar 17 Pakistan Refinery Limited(PRL)	12,993,166 ▲ 1.23

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