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ATIR

Veg ghee mill: ATIR annuls Rs1.5bn GST demand by Peshawar RTO

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has annulled sales tax demand amounting to Rs1.5 billion...

Published 23 Mar, 2025 05:26am

Pakistan

Hiring process of ATIR members: IHC issues notice to MoL&J, others

ISLAMABAD: Islamabad High Court (IHC) has issued notices to secretary Ministry of Law and Justice, chairman Federal...

Published 20 Mar, 2025 07:33am

Commissioner (Appeals): ATIR reprimands FBR officials for challenging competence

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) in a landmark judgment has reprimanded Federal Board of Revenue...

Updated 10 Mar, 2025 08:41am

Cabinet approves amendments to ATIR rules

ISLAMABAD: The federal cabinet has approved amendments to the Appellate Tribunal Inland Revenue (Appointments, Terms...

Updated 10 Mar, 2025 02:42pm

Pakistan

Reconstituted benches unlawful and biased, claim senior ATIR members

ISLAMABAD: Senior members of the Appellate Tribunal Inland Revenue (ATIR) have approached the chairman ATIR, ...

Published 27 Feb, 2025 08:37am

ATIR assessment framework: FBR directs IR officers to adhere to procedure

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all Inland Revenue assessing officers to follow the...

Updated 21 Feb, 2025 09:33am

Appellate Tribunal: Govt to revisit process for appointment of members

ISLAMABAD: In a significant development before Islamabad High Court (IHC), the government has decided to reconsider...

Updated 16 Feb, 2025 09:40am

Tax authorities: Structured procedural framework drafted

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad Bench-I has drafted a structured procedural...

Updated 13 Feb, 2025 09:28am

Business & Finance

ATIR directs fertiliser co to deposit GIDC funds into kitty

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has directed a leading fertiliser company to promptly ...

Published 21 Jan, 2025 06:12am

Business & Finance

ATIR urges FBR to act efficiently in executing tax demands

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has held that long silence and inaction by Federal Board of...

Published 03 Jan, 2025 07:35am

Business & Finance

ATIR refers case to FBR chief against assessing officers

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) in a landmark decision has referred a case to the chairman,...

Published 01 Jan, 2025 03:03am

Business & Finance

‘Tax Laws (Amendment) Act’ has failed to achieve its objectives: PTBA

ISLAMABAD: The objective of the Tax Laws (Amendment) Act, 2024, for streamlining the tax appeal system under tax ...

Published 31 Dec, 2024 07:29am

Resident Pakistanis in UAE, UK: Rental income, capital gain not taxable: ATIR DB

ISLAMABAD: A division bench of Appellate Tribunal Inland Revenue (ATIR) has held that under the tax treaties of...

Updated 23 Dec, 2024 09:40am

Income Tax Ordinance 2001: Commissioner does not fall under definition of ‘person’: ATIR Islamabad

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad has ruled that commissioner does not fall under...

Updated 14 Dec, 2024 01:07pm

Pakistan

Ministry holding tests for appointment of 20 members of ATIR

ISLAMABAD: Ministry of Law and Justice on the directions of the prime minister is organizing a Qualifying Skills ...

Published 09 Dec, 2024 07:14am

Pakistan

ATIR members: IHC restrains law ministry from making final appointments

ISLAMABAD: The Islamabad High Court (IHC) has issued an interim order restraining the Law Ministry from making final...

Updated 07 Dec, 2024 08:29am

Business & Finance

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

Business & Finance

Tax Laws (Amendment) Act 2024: Dysfunctional ATIR: PTBA urges Law minister to form oversight body

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has expressed serious concern that Tax Laws (Amendment) Act 2024...

Published 15 Nov, 2024 06:20am

Pakistan

Cases pending before single bench of ATIR: Govt decides to increase value from Rs1m to Rs50m

ISLAMABAD: The federal government has decided to considerably increase value from Rs 1 million to Rs 50 million for...

Published 17 Sep, 2024 06:33am

Section 122 (2) of ITO: ATIR reconciles apparently conflicting provisions

ISLAMABAD: In a landmark judgement, Appellate Tribunal Inland Revenue, Islamabad has reconciled the apparently...

Updated 16 Sep, 2024 03:12pm

Business & Finance

MTBA asks ATIR chairman to transfer urgent cases back to Multan Bench

ISLAMABAD: The Multan Tax Bar Association (MTBA) has formally requested the chairman of the Appellate Tribunal ...

Published 07 Sep, 2024 06:59am

Business & Finance

Fair trials: ATIR’s overwhelming caseload threatening taxpayers’ rights

KARACHI: The Appellate Tribunal Inland Revenue (ATIR) is facing an overwhelming caseload and insufficient resources...

Published 28 Aug, 2024 07:51am

Foreign assets: Lahore ATIR issues order in favour of taxpayer

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Lahore has declared that any undisclosed foreign asset or...

Updated 23 Aug, 2024 09:12am

Business & Finance

Deterioration of ATIR working: PTBA urges law minister to form oversight body

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has asked the Minister for Law and Justice to intervene and form...

Published 13 Aug, 2024 07:02am

‘Adventure in the nature of trade’: Burden of proof for taxing lies with FBR: ATIR

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) has ruled that the burden of proof lies with the Federal Board...

Updated 12 Aug, 2024 09:21am

Business & Finance

Blacklisting, suspension: FBR empowers CC-IR to review orders

ISLAMABAD: The Federal Board of Revenue (FBR) has empowered the Chief Commissioners (Inland Revenue) to review the...

Published 07 Aug, 2024 05:38am

ATIR rules: ‘Islamabad taxmen conducted proceedings in unprofessional way’

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) has held that Islamabad tax officers have conducted tax...

Updated 05 Aug, 2024 09:06am

LTO fails to deduct tax on transfer from CWIP to fixed assets

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 29	255.63
Diesel/Litre / Mar 29	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

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