Trends - Broadening tax base - Business Recorder

Broadening tax base

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

IMF team looks at fiscal performance

IMF staff led by Nathan Porter, is likely to meet the finance minister today

Updated 12 Nov, 2024 09:32am

FBR will impose new surcharge on fossil fuels

ISLAMABAD: The Federal Board of Revenue (FBR) will impose a new surcharge on fossil fuels to generate additional...

Updated 09 Nov, 2024 02:59pm

Markets

PM Shehbaz urges FBR to use technology to improve revenue collection

Premier seeks roadmap for reconstruction of Pakistan Revenue Automation Limited

Updated 24 Oct, 2024 11:47pm

IMF briefed about array of reforms

WASHINGTON: Pakistani delegation comprising Secretary Finance Imdad Ullah Bosal and Governor State Bank of Pakistan...

Updated 23 Oct, 2024 09:25am

Jam urges KP govt to revisit levy of infrastructure cess

ISLAMABAD: Commerce Minister Jam Kamal has requested the Khyber Pakhtunkhwa government to reconsider imposition of...

Updated 27 Sep, 2024 08:42am

Lack of coordination between depts: FBR’s efforts aimed at broadening tax base hit a snag

KARACHI: The Federal Board of Revenue’s efforts to broaden the tax base have hit a snag due to a lack of...

Updated 05 Jun, 2024 09:35am

Broadening tax base: PM seeks report on phase-wise economic reforms

ISLAMABAD: Prime Minister Shehbaz Sharif presiding over a high-level meeting on Wednesday to discuss proposals with...

Updated 21 Mar, 2024 09:54am

FBR-Nadra body tasked to broaden tax base

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday constituted a high-level technical committee of National...

Updated 24 Nov, 2023 09:18am

Broadening tax base: IT ministry to lend a helping hand to FBR

ISLAMABAD: The Ministry of IT and Telecommunication would fully assist the Federal Board of Revenue (FBR) in...

Updated 15 Sep, 2023 08:53am

Opinion

Broadening the tax net-II: A solution to taxation woes?

The narrative highlighting the importance of enhancing the number of tax filers also fails to take into account the...

Published 18 Aug, 2023 06:06am

Opinion

Broadening the tax net — I: A solution to taxation woes?

In recent years the word “narratives’ and the phrase “narrative building” have come to occupy a prominent...

Published 14 Aug, 2023 06:29am

BTB registration: 210,437 unregistered persons respond to FBR notices

ISLAMABAD: As many as 210,437 unregistered persons responded to 216,601 notices of the Federal Board of Revenue...

Updated 11 Aug, 2023 09:30am

Steps to broaden tax base: FY24 budget advances primary surplus of 0.4pc of GDP: IMF

ISLAMABAD: The fiscal year 2024 budget advances a primary surplus of around 0.4 percent of GDP by taking some steps...

Updated 14 Jul, 2023 09:27am

Editorials

Budget doesn’t help govt broaden tax base

EDITORIAL: The International Monetary Fund (IMF) has lamented the missed opportunity to broaden the tax base in the...

Published 19 Jun, 2023 07:08am

Business & Finance

Tax base boost task: RRMC recommends deployment of at least 30pc of FBR workforce

ISLAMABAD: The Reforms and Revenue Mobilisation Commission (RRMC) has strongly recommended the Federal Board of...

Published 26 May, 2023 06:48am

Business & Finance

KP traders call for steps to simplify tax system, broaden tax base

PESHAWAR: Traders community in Khyber Pakhtunkhwa demanded the government and Federal Board of Revenue (FBR) to take...

Published 19 Dec, 2022 06:00am

Business & Finance

Broadening tax base: FBR negligence tantamount to misrule: FTO

Investigation concludes field formations are not vigilant in procuring information related to unregistered buyers of sugar

Updated 30 Jul, 2022 11:59am

Markets

QatarEnergy, ConocoPhillips tie up for LNG expansion project

DOHA: QatarEnergy on Monday signed a deal with ConocoPhillips for the Gulf state’s North Field East expansion, the...

Published 20 Jun, 2022 04:50pm

Pakistan

Speakers suggest ways to take country out of crises

KARACHI: The Karachi Citizens Forum organized a seminar on Friday, 17th June 2022 on the topic “The Way Out of...

Published 20 Jun, 2022 05:51am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Broadening tax base

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