Trends - Asim Ahmed - Business Recorder

Asim Ahmed

National Sales Tax Return module: PTBA urges FBR chief to remove glitches

LAHORE: The Pakistan Tax Bar Association (PTBA) approached the chairman of the Federal Board of Revenue (FBR) for...

Published 23 Jul, 2023 03:25am

Editorials

Tax targets for FY24

EDITORIAL: Chairman Federal Board of Revenue, Asim Ahmed, while talking exclusively to Business Recorder, subsequent...

Updated 25 May, 2023 07:04am

Editorials

Raise in FBR tax collection target

EDITORIAL: Additional taxation measures of 170 billion rupees tabled in parliament on 15 February by Finance ...

Published 21 Feb, 2023 05:57am

Supplements

International Customs Day: Messages from Asim Ahmed Chairman FBR

TEXT: It is a matter of immense pleasure for me to extend my warmest greetings to the officers of Pakistan Customs ...

Published 27 Jan, 2023 06:15am

Pakistan

FBR chief asks CCIRs to meet revenue targets

KARACHI: Asim Ahmed, Chairman Federal Board of Revenue (FBR) on Saturday held a meeting with Chief Commissioners of...

Published 22 Jan, 2023 03:08am

Importance of ‘RRMC’ in taxation issues highlighted

ISLAMABAD: The government has highlighted the importance of the Reforms and Resource Mobilisation Commission (RRMC)...

Updated 21 Jan, 2023 08:49am

Pakistan

Leakage of Bajwa’s tax record: FBR extends inquiry to more officers to locate IP addresses

LAHORE: After suspending two deputy commissioners over former army chief Bajwa’s tax record leakage, the Federal...

Published 02 Dec, 2022 05:47am

Business & Finance

FBR to overcome expected revenue shortfall: chairman

KARACHI: Ruling out the possibilities of a minimum budget in the ongoing financial year, Chairman FBR Asim Ahmed ...

Published 06 Nov, 2022 03:44am

PTBA urges FBR to remove bottlenecks

ISLAMABAD: Pakistan Tax Bar Association (PTBA) has raised serious issues in the filing of income tax return for tax...

Updated 29 Oct, 2022 09:43am

US official, FBR chief discuss new scope for US firms

ISLAMABAD: A senior official of the United States Embassy in Islamabad met Federal Board of Revenue (FBR) Chairman...

Updated 19 Oct, 2022 09:42am

Business & Finance

Neighbouring countries: Obstacles in legal trade to be removed: FBR chief

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmed has said that the FBR is taking facilitative measures...

Published 23 Jul, 2022 04:10am

Staff-level deal with IMF in a few days: minister

ISLAMABAD: Finance Minister Miftah Ismail Friday said a staff-level agreement with the International Monetary Fund...

Updated 02 Jul, 2022 09:53am

Essential food items: Tax exemptions will continue: FBR

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Asim Ahmed said Wednesday that the policy measures to be taken in...

Updated 12 May, 2022 09:43am

Company ‘involved’ in under-invoicing: PML-N govt to investigate ex-FBR chief?

ISLAMABAD: The PML-N government has reportedly decided to probe former chairman FBR, Dr Ashfaq Ahmad for extending...

Updated 03 May, 2022 09:12am

Cabinet decides to review, revive NAP

ISLAMABAD: The Federal Cabinet has approved appointment of Asim Ahmed as the new chairman of the Federal Board of...

Updated 28 Apr, 2022 10:14am

New FBR Chairman: Cabinet may consider appointment today

ISLAMABAD: The meeting of the federal cabinet scheduled to be held on Wednesday (today) is likely to consider...

Updated 27 Apr, 2022 10:21am

Technology

Purchase of software, IT-related equipment: Govt urged to declare operational emergency

ISLAMABAD: The Revenue Division has requested the federal government to declare operational emergency for immediate...

Published 14 Sep, 2021 03:55am

Business

Financial year 2020-21: FBR disposes of 25,323 appeals involving Rs899.6bn revenue

ISLAMABAD: The Federal Board of Revenue (FBR) has disposed of 25,323 appeals involving tax revenue of Rs899.6 ...

Published 12 Aug, 2021 04:34am

Business & Finance

Fiscal measures to boost investor confidence: ABC

KARACHI: The American Business Council (ABC) of Pakistan has said that the government's fiscal measures will boost...

Published 14 Jul, 2021 03:59am

Business

FBR urged to extend dates of ST and FE return submission

KARACHI: Hanif Lakhany, Vice President, Federation of Pakistan Chambers of Commerce & Industry (FPCCI) &...

Published 20 May, 2021 04:26am

Business & Finance

WB, FBR discuss ‘Pakistan Raises Revenue’ program

Asim Ahmad gave an update on the progress of the reforms agenda covering 10 Disbursement Linked Indicators (DLIs) and also shared concerns regarding the difficulties being encountered in progress on reform interventions involving data sharing with provinces and the Sindh High Court stay on the Track and Trace process.

Published 17 Apr, 2021 10:08am

Business & Finance

Govt appoints Asim Ahmed as FBR Chairman

The FBR Chairman, Javed Ghani, was set to retire on April 10th, i.e., two months before the announcement of the federal budget.

Published 09 Apr, 2021 04:18pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.81
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.32
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 16	4.96

Stock	Volume
S&P 500 / Apr 16	5,275.70
Nasdaq / Apr 16	16,307.16
Dow Jones / Apr 16	39,669.39
India Sensex / Apr 17	77,621.26
Tokyo Nikkei / Apr 17	34,285.53
Hang Seng / Apr 17	21,352.47
FTSE 100 / Apr 17	8,207.23
Germany DAX 30 / Apr 17	21,240.89
France CAC40 / Apr 17	7,290.96

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	16,985
Gold 10 Grams PKR / Apr 16	298,353
Crude Oil USD/Barrel / Apr 17	63.25
Gold Spot USD/Ounce / Apr 17	3,331.95
Cotton US¢/pound / Apr 17	66.66
Petrol/Litre / Apr 18	254.63
Diesel/Litre / Apr 18	258.64

Gainers
Losers
Leaders

Stock	Price
Ghazi Fabrics / Apr 17 Ghazi Fabrics International Limited(GFIL)	8.36 ▲ 1 (13.59%)
UDL International / Apr 17 UDL International Limited(UDLI)	8.52 ▲ 1 (13.3%)
Escorts Bank / Apr 17 Escorts Investment Bank Limited(ESBL)	6.84 ▲ 0.76 (12.5%)
Chakwal Spinning / Apr 17 Chakwal Spinning Mills Limited(CWSM)	57.93 ▲ 5.27 (10.01%)
United Brands / Apr 17 United Brands Limited(UBDL)	23.18 ▲ 2.11 (10.01%)
S.S.Oil / Apr 17 S.S.Oil Mills Limited(SSOM)	244.59 ▲ 22.24 (10%)
Pak Gulf Leasing / Apr 17 Pak-Gulf Leasing Company Limited(PGLC)	21.89 ▲ 1.99 (10%)
PIA Holding Co.B / Apr 17 PIA Holding Company Limited B(PIAHCLB)	1,928.97 ▲ 175.36 (10%)
Trust Sec.& Brok. / Apr 17 Trust Securities & Brokerage Limited(TSBL)	13.97 ▲ 1.27 (10%)
Bolan Casting / Apr 17 Bolan Castings Limited(BCL)	104.06 ▲ 9.46 (10%)

Stock	Price
Oilboy Energy(R) / Apr 17 Oilboy Energy Limited(R)(OBOYR2)	1.07 ▼ -0.31 (-22.46%)
Gulshan Sp. / Apr 17 Gulshan Spinning Mills Limited(GSPM)	3.48 ▼ -0.46 (-11.68%)
Blue-Ex Ltd / Apr 17 Blue-Ex Limited (GEM)(GEMBLUEX)	56.69 ▼ -6.29 (-9.99%)
Int. Knit. / Apr 17 International Knitwear Limited(INKL)	14.84 ▼ -1.56 (-9.51%)
Jubilee Gen. Ins. / Apr 17 Jubilee General Insurance Limited(JGICL)	49.52 ▼ -4.7 (-8.67%)
Bawany Air Products / Apr 17 Bawany Air Products Limited(BAPL)	32.39 ▼ -2.92 (-8.27%)
Asim Textile / Apr 17 Asim Textile Mills Limited(ASTM)	13.40 ▼ -1.2 (-8.22%)
Jahangir Sidd(Pref) / Apr 17 Jahangir Sidd(Pref)(JSCLPSA)	8.85 ▼ -0.6 (-6.35%)
Sanghar Sugar / Apr 17 Sanghar Sugar Mills Limited(SANSM)	50.83 ▼ -3.24 (-5.99%)
The Thal Ind.Corp. / Apr 17 The Thal Industries Corporation Limited(TICL)	340.04 ▼ -19.97 (-5.55%)

Stock	Volume
Maple Leaf Cement / Apr 17 Maple Leaf Cement Factory Limited(MLCF)	23,794,610 ▲ 3.81
B.O.Punjab / Apr 17 The Bank of Punjab(BOP)	23,321,095 ▲ 0.15
Cnergyico PK / Apr 17 Cnergyico PK Limited(CNERGY)	17,945,036 ▲ 0.02
Fauji Cement / Apr 17 Fauji Cement Company Limited(FCCL)	16,949,781 ▲ 1.19
National Bank / Apr 17 National Bank of Pakistan(NBP)	16,604,549 ▲ 4.2
WorldCall Telecom / Apr 17 Worldcall Telecom Limited(WTL)	14,865,718 ▲ 0
Pace (Pak) Ltd. / Apr 17 Pace (Pakistan) Limited(PACE)	14,613,210 ▲ 0.21
Sui South Gas / Apr 17 Sui Southern Gas Company Limited(SSGC)	11,876,679 ▲ 1.06
Hascol Petrol / Apr 17 Hascol Petroleum Limited(HASCOL)	10,975,030 ▲ 0.09
United BankXD / Apr 17 United Bank Limited(UBL)	10,968,701 ▲ 16.02

Markets →

Budget 2024-25: income tax calculator for FY25

Asim Ahmed

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