Business & Finance » Taxes

Taxes

FBR gives legal cover to PM approved rewards to IR officials

ISLAMABAD: The Federal Board of Revenue (FBR) will give cash rewards to the Inland Revenue officials as directed by...

Published 21 Nov, 2024 07:17am

Taxes

LTOs, MTOs & RTOs to work on 23rd, 30th

ISLAMABAD: The Federal Board of Revenue (FBR) has announced that all Large Taxpayer Offices (LTOs), Medium Taxpayer...

Published 21 Nov, 2024 07:15am

Taxes

RTO’s online open court for taxpayers on Friday

PESHAWAR: An online open court for the redressal of the genuine problems of the taxpayers would be held on Friday at...

Published 21 Nov, 2024 05:51am

Taxes

Curbs on Iranian border trade affect FBR collection

ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a huge revenue loss on account of restrictions on border...

Published 20 Nov, 2024 06:45am

Taxes

Tax-related issues to be resolved on priority: FTO

KARACHI: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has committed to prioritising and resolving tax-related...

Updated 20 Nov, 2024 07:08am

Taxes

Over 11,000 tax-related complaints received this year: FTO

KARACHI: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah announced that over 11,000 tax-related complaints were...

Published 20 Nov, 2024 07:24am

Taxes

Sugar sector: PM orders crackdown on tax evaders, hoarders

Prime Minister Shehbaz Sharif on Tuesday directed authorities including the Federal Board of Revenue (FBR), Federal...

Updated 19 Nov, 2024 09:24pm

2024-11-19-02-47

SDPI holds seminar: Speakers highlight need for robust tobacco tax policy

ISLAMABAD: Speakers at a seminar on Monday expressed serious concern that the absence of taxation on smokeless...

Published 19 Nov, 2024 06:34am

Taxes

Tax evasion termed big threat to economy

KARACHI: Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and Intellectuals...

Published 18 Nov, 2024 02:54am

Taxes

Former Senior VP FPCCI underscores need for urgent tax reforms

KARACHI: Syed Mazhar Ali Nasir,former Senior Vice President of the Federation of Chambers of Commerce and Industry...

Published 17 Nov, 2024 05:10am

Europe

Farmers target PM Starmer in protest against new UK tax rules

LONDON: Hundreds of farmers, many in tractors, gathered in Wales on Saturday to protest against UK Prime Minister...

Published 17 Nov, 2024 05:10am

Taxes

Fraudsters including FBR guard held for illegal search

ISLAMABAD: A group of fraudsters including an armed guard of Inland Revenue, Federal Board of Revenue ((FBR) has ...

Published 17 Nov, 2024 05:10am

2024-11-17-01-16

PRA tightens grip on wedding halls, event complexes

LAHORE: The Punjab Revenue Authority (PRA) has tightened its grip on wedding halls and event complexes in Lahore by...

Published 17 Nov, 2024 05:10am

Taxes

PTBA urges CJP to help resolve high-profile pending tax matters

KARACHI: The Pakistan Tax Bar Association (PTBA) has formally approached the newly appointed Chief Justice of...

Published 17 Nov, 2024 05:51am

Business & Economy

IMF calls for reduced govt intervention, energy reforms in Pakistan’s economy

Washington-based lender's mission led by Nathan Porter states conclusion of a staff visit to Pakistan from November 12 to 15, 2024

Updated 16 Nov, 2024 04:30pm

Taxes

‘Recent tax shortfall should be addressed without imposing additional burdens’

LAHORE: “In light of the tremendous challenges faced by our citizens, who have endured a staggering 60% inflation...

Published 16 Nov, 2024 07:26am

Taxes

Cut wood from trees declared exempted from sales tax

LAHORE: In a significant setback to the sales tax department, a recent tribunal ruling has declared that cut wood...

Published 16 Nov, 2024 07:50am

Taxes

Appeal system becomes dysfunctional: Uncertainty surrounds Rs2.7trn tax litigations: PTBA

KARACHI: The country’s tax appeal system has fallen into “dysfunction” phase six months after major reforms were...

Updated 15 Nov, 2024 09:23am

Taxes

Govt urged to tax high earning ‘sacred cows’ amid revenue shortfall

Former Caretaker Federal Minister for Commerce Dr Gohar Ejaz urged the government to meet its collection target by...

Updated 14 Nov, 2024 11:00pm

Taxes

Importance of open discussion on implementing agri tax emphasized

LAHORE: Speaker Punjab Assembly Malik Muhammad Ahmad Khan on Wednesday emphasized the importance of open discussion...

Updated 14 Nov, 2024 08:25am

Taxes

FTO disposes of 2,747 consignments of goods

ISLAMABAD: On the directives of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) has disposed of...

Published 14 Nov, 2024 06:33am

Taxes

Tribunal upholds tax authority’s right to correct erroneous assessment

LAHORE: A tax tribunal has upheld the tax authority’s right to correct erroneous assessment orders even if the...

Published 13 Nov, 2024 08:20am

Taxes

Draft bill to amend Punjab Agri Income Tax 2024 presented in PA

LAHORE: A draft bill to amend the Punjab Agricultural Income Tax 2024 was presented in the Punjab Assembly on ...

Published 12 Nov, 2024 07:48am

Taxes

Senior customs official : FTO directs FBR to issue appreciation letter

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed Chairman Federal Board of Revenue (FBR) to issue an appreciation...

Published 13 Nov, 2024 06:33am

Taxes

FTO directs FBR to address discriminatory sales tax registration

LAHORE: The Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to...

Published 12 Nov, 2024 06:38am

Taxes

FBR collects Rs11.854bn under head of Workers’ Welfare Fund in 2023-24

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 11.854 billion under the head of Worker’s Welfare...

Published 12 Nov, 2024 06:38am

Taxes

Over Rs16bn revenue loss prevented by busting gangs of cyber criminals using foreign IPs/VPN/proxy servers

ISLAMABAD: Directorate General of Intelligence and Investigation-Inland Revenue (IR) has prevented revenue loss of...

Published 09 Nov, 2024 07:18am

Taxes

RTO-II team ‘held hostage’ by marriage hall staff

KARACHI: A team of the Federal Board of Revenue (FBR) officials from RTO-II, Zone V were taken hostage at a marriage...

Published 07 Nov, 2024 06:16am

Taxes

Negligence of tax dept exposed

LAHORE: The Regional Tax Office (RTO) negligence has led to the invalidation of default surcharge notices issued to ...

Published 06 Nov, 2024 05:50am

Taxes

Tax collectors: FBR special team to develop new kind of ‘dash board’

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a special team to develop a new kind of “dash...

Published 05 Nov, 2024 03:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 20	278.13
USD PKR Interbank Buying / Nov 20	277.93
USD to Japanese Yen / Nov 20	154.96
USD to Swiss Franc / Nov 20	0.88
Pound Sterling to USD / Nov 20	1.27
Euro to USD / Nov 20	1.06

Stock	Volume
S&P 500 / Nov 20	5,917.11
India Sensex / Nov 20	77,578.38
Tokyo Nikkei / Nov 20	38,072.42
Nasdaq / Nov 20	18,966.14
Hang Seng / Nov 20	19,668.80
FTSE 100 / Nov 20	8,085.07
Dow Jones / Nov 20	43,408.47
Germany DAX 30 / Nov 20	19,004.78

Item	Value
Crude Oil USD/Barrel / Nov 20	68.87
Karachi Cotton PKR/37.32 KG / Nov 20	17,885
Gold 10 Grams PKR / Nov 20	238,940
Gold Spot USD/Ounce / Nov 20	2,655.46
Cotton US¢/pound / Nov 20	70.41
Petrol/Litre / Nov 21	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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