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customs

Customs Tribunal rules in favour of vehicle owner, waives penalty

LAHORE: The Customs Appellate Tribunal has dismissed an appeal filed by the Collectorate, upholding the decision of...

Published 17 Jan, 2025 02:56am

Business & Finance

Glass refills for vacuum flacks: New customs values fixed

ISLAMABAD: The Directorate General of Customs Valuation Karachi has issued new customs values on the import of glass...

Published 12 Jan, 2025 02:44am

Corporate sector contributes Rs3,061bn as income tax

ISLAMABAD: The corporate sector contributed Rs 3,061 billion as income tax during 2023-24, according to a new...

Updated 09 Jan, 2025 02:10pm

Pakistan

Customs dept secures ruling of upholding confiscation of smuggled goods

LAHORE: In a significant ruling, the Customs department has secured a decision in its favour regarding upholding the...

Published 08 Jan, 2025 07:51am

PSW unifies 7 large govt entities for data sharing

ISLAMABAD: Pakistan Single Window (PSW) has integrated seven large government organisations, including provincial...

Updated 04 Jan, 2025 11:54am

Business & Finance

FAS implementation: Pakistan Customs posts 27pc revenue increase in Dec

KARACHI: The revenue of Pakistan Customs saw a remarkable increase of 27 percent in December 2024 following the...

Updated 02 Jan, 2025 08:27am

PCA unearths Rs2.4bn tax fraud ‘committed’ by cement maker

KARACHI: The Post Clearance Audit (PCA) South has detected a tax fraud amounting to Rs. 2.4 billion against a...

Updated 30 Dec, 2024 09:23am

FBR issues new procedure for customs agents’ licences

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a new procedure for grant/ renewal of customs agents...

Updated 28 Dec, 2024 02:40pm

EFS, money laundering: PCA South uncovers another Rs478m scam

KARACHI: Post Clearance Audit (PCA) South has uncovered another Export Facilitation Scheme (EFS) and money...

Updated 24 Dec, 2024 09:39am

Business & Finance

PCA South uncovers Rs340m tax fraud

KARACHI: The Post Clearance Audit (PCA) South has exposed a massive financial fraud involving a phantom company that...

Updated 23 Dec, 2024 09:47am

Business & Finance

Import clearance: FPCCI body urges FBR to restore green channel

KARACHI: The Convener of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Standing Committee on...

Published 17 Dec, 2024 08:00am

Backing FBR operationalisation: Federal Cabinet approves setting up of ‘NTC’

National Targeting Centre employs advanced technologies and intelligence analysis to identify and prioritise potential threats related to the movement of passengers and cargo

Updated 17 Dec, 2024 02:54pm

Meat, bone meal imported from Brazil: customs values revised

ISLAMABAD: Directorate General Customs Valuation Karachi has revised customs values on the import of meat & bone...

Updated 16 Dec, 2024 04:08pm

Pakistan

‘Currency smugglers take advantage of no counter of declaration at border’

LAHORE: Currency smugglers are taking advantage of the absence of a counter of declaration and facility of...

Published 14 Dec, 2024 08:50am

APTMA urges FBR to revisit new customs system

ISLAMABAD: All Pakistan Textile Mills Association (Aptma) has urged the Federal Board of Revenue (FBR) to review new...

Updated 12 Dec, 2024 09:07am

Business & Finance

Branches opening on Saturdays: FBR directives to Chief Collectors of Customs

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Chief Collectors of Customs to establish liaison with the...

Published 12 Dec, 2024 06:01am

Business & Finance

FBR establishes ‘Faceless Customs Assessment’

ISLAMABAD: The Federal Board of Revenue (FBR) has established Faceless Customs Assessment (FCA) to improve the...

Published 11 Dec, 2024 08:02am

Baggage rules: FBR withdraws draft notification

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday withdrew draft notification i.e. SRO 2028(I)/2024, proposing...

Updated 11 Dec, 2024 09:02am

Limiting value to $1,200: FBR decides to tighten baggage rules

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to tighten baggage rules to check misuse of this facility...

Updated 10 Dec, 2024 03:56pm

Business & Finance

PSW’s latest initiatives, future projects highlighted

KARACHI: Deputy Collector Customs & Domain Officer Pakistan Single Window (PSW) Muhammad Asim Awan, while...

Published 06 Dec, 2024 07:43am

Pakistan

Importers question transparency in redemption of vehicles

LAHORE: A recent confiscation of a vehicle has raised questions about the effectiveness of Customs enforcement and...

Published 05 Dec, 2024 08:11am

Customs/export value of fruits revised

ISLAMABAD: The Directorate General of Customs Valuation Karachi has revised the customs/export value of seasonal...

Updated 05 Dec, 2024 08:38am

Pakistan

Customs confiscation raises questions about transparency

LAHORE: A recent vehicle confiscation has raised questions about the effectiveness of customs enforcement and the...

Updated 29 Nov, 2024 08:33am

Intelligence-sharing: FD to ink MoU with FMU and FIU of Belarus

ISLAMABAD: The Finance Division would sign memorandum of understanding (MoU) with Financial Monitoring Unit and...

Updated 26 Nov, 2024 09:35am

Taftan border to NLC Dry Port: Bank guarantees made mandatory for Iranian carriers

ISLAMABAD: Iranian transport operators have been bound to submit bank guarantees to Pakistani customs authorities on...

Updated 23 Nov, 2024 09:39am

Pakistan

Heavy sports bikes, vehicles worth Rs440.51m recovered

KARACHI: The Collectorate of Customs Enforcement, Karachi has conducted a major anti-smuggling operation, recovering...

Published 20 Nov, 2024 07:33am

Business & Finance

FBR limits role of DGI&I (Customs)

ISLAMABAD: The Federal Board of Revenue (FBR) has limited the role and functions of Directorate General of...

Published 16 Nov, 2024 07:20am

FBR seizes smuggled goods worth Rs106.08bn in 2023-24

Pakistan

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	155.80
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 21	6,049.24
India Sensex / Jan 21	75,838.36
Tokyo Nikkei / Jan 21	39,604.71
Nasdaq / Jan 21	19,756.78
Hang Seng / Jan 21	19,872.36
FTSE 100 / Jan 21	8,548.29
Dow Jones / Jan 21	44,025.81
Germany DAX 30 / Jan 21	21,042

Item	Value
Crude Oil USD/Barrel / Jan 21	75.89
Karachi Cotton PKR/37.32 KG / Jan 21	18,485
Gold 10 Grams PKR / Jan 21	242,798
Gold Spot USD/Ounce / Jan 21	2,749.13
Cotton US¢/pound / Jan 21	67.43
Petrol/Litre / Jan 22	256.13

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

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Budget 2024-25: income tax calculator for FY25

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