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Ali Pervaiz Malik

Govt aims to lower tax rates for formal sectors: MoS

ISLAMABAD: Admitting that Pakistan is amongst the countries which has the highest tax rates, Minister of State for...

Updated 20 Nov, 2024 03:17pm

Salaried class: Govt explains how tax burden can be lessened

Will reduce tax burden on salaried class and withdraw tax on milk if FBR is able to recover Rs 300 billion to Rs 350 billion of tax evasion from non-duty paid and smuggled cigarettes

Updated 15 Nov, 2024 02:55pm

Pakistan

CCP to take up issue of pending court cases/stay orders with AGP

ISLAMABAD: State Minister for Finance and Revenue Ali Pervaiz Malik Wednesday assured the Competition Commission of...

Published 31 Oct, 2024 06:18am

‘No proposal under study on ADR tax exemption for banks’

ISLAMABAD: Minister of State for Finance Ali Perveiz Malik said Wednesday that there is no proposal under...

Updated 24 Oct, 2024 09:36am

Pakistan

NA passes two bills

ISLAMABAD: The National Assembly, Friday, passed “The Deposit Protection Corporation (Amendment) Bill, 2024” to...

Published 19 Oct, 2024 06:48am

APTMA, minister discuss issues facing textile industry

ISLAMABAD: A high-level delegation from the All Pakistan Textile Mills Association (APTMA) on Tuesday held a meeting...

Updated 02 Oct, 2024 09:32am

10-member task force on FBR digitalisation formed

ISLAMABAD: The Prime Minister has constituted a 10-member Task Force on digitalization of Federal Board of Revenue...

Updated 05 Aug, 2024 09:07am

Business & Finance

Major reforms inevitable to create economic stability: Ali Pervaiz

ISLAMABAD: Minister of State for Finance, Revenue and Power Ali Pervaiz Malik said on Sunday that the government...

Published 08 Jul, 2024 06:03am

Markets

LESCO summons meeting of ‘truncated’ BoD

LAHORE: In order to circumvent full scrutiny by its Board of Directors (BoD), the Lahore Electric Supply Company...

Published 06 Jul, 2024 06:48am

Editorials

The budget and the IMF

EDITORIAL: The Minister for State for Finance and Revenue Ali Pervaiz Malik has stated that the point of pushing...

Published 05 Jul, 2024 03:17am

Pakistan

Pakistan has met all requirements for IMF bailout deal, finance official says

Malik says no major issues left to address as Pakistan seeks over $6bn bailout

Updated 03 Jul, 2024 04:41pm

Budget to protect salaried, low-income classes: govt

ISLAMABAD: Minister of State for Finance, Revenue, and Power Division, Ali Pervaiz Malik, said on Sunday that the...

Updated 10 Jun, 2024 08:40am

FBR digitalisation: Aurangzeb discusses ‘quick wins’ with McKinsey head

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday said the government is committed to improving tax...

Updated 04 Jun, 2024 08:52am

Business & Finance

FBR digitisation: Aurangzeb calls for utilisation of PRAL, REMIT data

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has called for using data from PRAL (Pakistan...

Published 03 Jun, 2024 03:23pm

Revenue-based power load-shedding to continue: govt

ISLAMABAD: Minister for Power, Sardar Awais Leghari on Thursday acknowledged that the government is applying revenue...

Updated 31 May, 2024 08:57am

Markets

Power loadshedding to continue on high-loss feeders, says Leghari

Providing electricity to such feeders will add to power sector losses, energy minister says

Updated 30 May, 2024 08:05pm

Markets

Net metering policy likely to be revisited: Leghari

LAHORE: Federal Minister of Energy Sardar Awais Ahmad Khan Leghari has said the government is all committed to...

Published 20 May, 2024 05:44am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.63 ▲ 0.93 (16.32%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.90 ▲ 0.79 (11.11%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
J.K.Spinning / Dec 18 J.K. Spinning Mills Limited(JKSM)	58.50 ▼ -6.50 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Ismail Ind. / Dec 18 Ismail Industries Limited(ISIL)	1,702 ▼ -188.33 (-9.96%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.08
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.04
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.22
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.18
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.45
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.01
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.20
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -1.92
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.10

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Ali Pervaiz Malik

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