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 / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98
Hang Seng / Jan 21	20,098.89
FTSE 100 / Jan 21	8,529.98
Germany DAX 30 / Jan 21	20,988.55

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Equity Modaraba / Jan 21 First Equity Modaraba(FEM)	3.54 ▲ 0.34 (10.62%)
Waves Home Appliances / Jan 21 Waves Home Appliances Limited(WAVESAPP)	11.30 ▲ 1.03 (10.03%)
786 Invest Ltd / Jan 21 786 Investments Limited(786)	10.98 ▲ 1.00 (10.02%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
Shahtaj Sugar / Jan 21 Shahtaj Sugar Mills Limited(SHJS)	108.90 ▲ 9.90 (10.00%)

Stock	Price
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	45.21 ▼ -5.02 (-9.99%)
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	16.62 ▼ -1.62 (-8.88%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	64.32 ▼ -6.22 (-8.82%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9 ▼ -0.81 (-8.26%)
Dadabhoy Cement / Jan 21 Dadabhoy Cement Industries Limited(DBCI)	5.10 ▼ -0.43 (-7.78%)
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	23.05 ▼ -1.94 (-7.76%)
ZIL Limited / Jan 21 ZIL Limited(ZIL)	226.01 ▼ -18.99 (-7.75%)
Khyber Textile / Jan 21 Khyber Textile Mills Limited(KHYT)	526 ▼ -43.96 (-7.71%)
Gulistan Sp. / Jan 21 Gulistan Spinning Mills Limited(GUSM)	13 ▼ -1.03 (-7.34%)

Stock	Volume
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	111,866,059 ▲ 0.44
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	69,297,556 ▲ 0.05
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	64,182,488 ▼ -0.09
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.94
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	51,882,881 ▲ 0.34
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.39
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	23,353,008 ▼ -1.60
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -5.02
Ghani Chem. Ind. / Jan 21 Ghani Chemical Industries Limited(GCIL)	21,890,802 ▼ -1.62

Markets →

Budget 2024-25: income tax calculator for FY25

Asim Ahmed

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