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Fraudsters including FBR guard held for illegal search

ISLAMABAD: A group of fraudsters including an armed guard of Inland Revenue, Federal Board of Revenue ((FBR) has ...

Published 17 Nov, 2024 05:10am

Business & Finance

Rs237bn FED collected from cigarettes in 2023-24

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 237 billion as federal excise duty (FED) from...

Updated 11 Nov, 2024 09:24am

Business & Finance

Volumes of market leader cigarette making co significantly decline

ISLAMABAD: The volumes of market leader cigarette manufacturing company significantly declined from 7.1 billion...

Published 08 Nov, 2024 06:41am

Pakistan

Crackdown launched on retailers selling non-tax-paid cigarettes

LAHORE: To address the escalating issue of illicit cigarette trade in Pakistan, a crackdown has been launched on...

Published 12 Sep, 2024 03:48am

BR Research

Pakistan Tobacco Company Limited

Pakistan Tobacco Company Limited (PSX: PAKT) was incorporated in Pakistan as a public limited company in 1947. The...

Published 13 Jun, 2024 08:06am

Pakistan

World No-Tobacco Day marked: Smoking causes over 250,000 deaths in Pakistan annually

LAHORE: With the theme-protecting the young generation from smoking, the World No-Tobacco Day was marked here on...

Published 01 Jun, 2024 06:59am

Pakistan

Illicit cigarettes destroyed

ISLAMAABAD: A ceremony for destruction of massive quantity of illicit/ smuggled/ counterfeit cigarettes was held by...

Published 30 May, 2024 06:19am

Business & Finance

FED on cigarettes likely to be increased in budget

ISLAMABAD: The government is likely to increase Federal Excise Duty on cigarettes in coming budget (2024-25). It is...

Published 28 May, 2024 05:30am

Business & Finance

Anti-tobacco activists for hiking FED on cigarettes

ISLAMABAD: Anti-tobacco activists have warned that the government would lose revenue and benefits gained through tax...

Published 26 May, 2024 02:56am

Business & Finance

Hike in FED, GST on tobacco in budget: Shehla urges MPs, stakeholders to join efforts

ISLAMABAD: Member National Assembly Shehla Raza Friday asked the parliamentarians and stakeholders to join efforts...

Published 18 May, 2024 05:45am

Business & Finance

Illicit cigarette market not as large as tobacco industry claims: WHO

ISLAMABAD: The World Health Organisation’s (WHO) new study found that there is no evidence that Pakistan’s...

Published 17 May, 2024 05:50am

Business & Finance

SPARC says seeks increased taxation on cigarettes

ISLAMABAD: Society for the Protection of the Rights of the Child (SPARC) has proposed Federal Board of Revenue (FBR)...

Published 16 May, 2024 06:28am

Business & Finance

Illicit cigarettes supply chain: FBR to focus on enforcement at all stages

ISLAMABAD: The Federal Board of Revenue (FBR) will now focus on enforcement at all stages of the illicit supply ...

Published 16 May, 2024 06:28am

Business & Finance

Cigarettes: Experts for gradual implementation of uniform FED rate

ISLAMABAD: Health experts have strongly recommended gradual implementation of a uniform Federal Excise Duty (FED)...

Published 12 May, 2024 03:09am

Business & Finance

IMF asks govt to raise taxes on luxury goods

ISLAMABAD: International Monetary Fund (IMF) has asked government to progressively raise excises on luxury goods...

Published 11 May, 2024 06:22am

Business & Finance

Taxes on cigarettes: think tank for taking health cost into account

ISLAMABAD: Capital Calling, an Islamabad-based think tank on Wednesday strongly proposed that the taxes on...

Published 09 May, 2024 03:11am

Business & Finance

Domestic cigarette sales: Khyber Tobacco urges FBR to address persistent decline

ISLAMABAD: Khyber Tobacco Company Limited (KTC) has asked the Federal Board of Revenue (FBR) to address the...

Published 04 May, 2024 05:48am

Business & Finance

Retail volume sales of cigarettes fall after higher taxes

ISLAMABAD: The retail volume sales of cigarettes were decreased in Pakistan due to higher taxes and awareness ...

Published 26 Apr, 2024 04:15am

Pakistan

FBR seizes 1,235 packerites of cigarettes worth Rs96m

ISLAMABAD: The Federal Board of Revenue (FBR) has seized 1,235 packerites of cigarettes having approximate value of...

Published 23 Apr, 2024 03:41am

Business & Finance

Cigarettes, sugar, fertilizer: Verification of digital tax stamps launched

ISLAMABAD: At the time when nearly 63 percent of the Pakistani market has been captured by illicit cigarettes,...

Published 21 Apr, 2024 04:10am

Business & Finance

Cigarettes remain top revenue spinner of FED

ISLAMABAD: The cigarettes remained top revenue spinner of federal excise duty (FED) after raise of FED rates on...

Published 19 Apr, 2024 05:07am

Pakistan

Higher taxes lower cigarette consumption: study

ISLAMABAD: The consumption of cigarettes in Pakistan has witnessed a decline after the government took a bold...

Published 18 Apr, 2024 03:24am

Business & Finance

PMPKL demands govt deal with growing challenge of illegal cigarettes

ISLAMABAD: Philip Morris Pakistan Limited (PMPKL) on Wednesday disclosed that the total share of illicit cigarettes...

Published 18 Apr, 2024 03:24am

Business & Finance

Cigarettes: experts recommend single-tier tax structure

ISLAMABAD: To effectively check cigarette consumption in Pakistan, experts and health advocates have strongly...

Published 13 Apr, 2024 03:49am

Business & Finance

Cigarettes: Aurat Foundation proposes 26pc hike in FED

ISLAMABAD: Aurat Foundation Thursday proposed the budget makers to raise Federal Excise Duty (FED) on cigarettes by...

Published 05 Apr, 2024 04:50am

Business & Finance

Health activists for increasing taxes on cigarettes

ISLAMABAD: Health activists on Tuesday emphasised the critical need for the government to prioritize health and...

Published 03 Apr, 2024 05:29am

Business & Finance

SPARC urges govt to increase taxes on cigarettes

ISLAMABAD: The Society for the Protection of the Rights of the Child (SPARC) on Thursday urged the government to...

Published 29 Mar, 2024 04:45am

Pakistan

Consumption of cigarettes declines after rise in taxes

ISLAMABAD: The International Monetary Fund (IMF) has said that the consumption of cigarettes in Pakistan has...

Published 26 Mar, 2024 04:20am

Business & Finance

Budget FY25: ex-minister for raising taxes on cigarettes

ISLAMABAD: Former Federal Minister for National Health Services, Dr Nadeem Jan, Saturday, called for a significant...

Published 17 Mar, 2024 02:49am

Business & Finance

Rise in illicit sale of cigarettes inflicting losses on national exchequer: PTC

ISLAMABAD: The Pakistan Tobacco Company (PTC) Tuesday sharing the latest market trends said the sale of illicit...

Published 13 Mar, 2024 06:31am

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
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

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

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