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customs duty

FBR allows temporary import of vehicles by tourists

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed temporary import of vehicles by tourists without payment ...

Published 03 Dec, 2024 06:09am

Customs duty in 2023-24: Petroleum sector, imported vehicles top contributors

ISLAMABAD: Two top contributors of customs duty were the petroleum sector and imported vehicles during 2023-24. The...

Updated 11 Nov, 2024 02:40pm

Business & Finance

Import of ‘High Pressure Washer’ to attract zero percent customs duty

ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) declared that zero percent...

Published 25 Sep, 2024 08:51am

Tax collection at import stage: share in total collection reduces

ISLAMABAD: The tax collection at import stage constituted 35 percent and domestic tax collection’s share was 65...

Updated 23 Sep, 2024 03:24pm

Business & Finance

4G MiFi modem and WiFi modem: 11pc duty applicable on import

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has ruled that 11 percent...

Updated 21 Aug, 2024 09:34am

MoC says taking efforts to bring down ACD to zero

ISLAMABAD: Commerce Ministry said on Monday it is fighting at the highest level to bring down Additional Customs...

Updated 20 Aug, 2024 08:51am

Business & Finance

Tyre importer secures duty after proving assessment

LAHORE: A tyre importer has secured duty after proving that the customs department has assessed the goods in terms ...

Published 18 Aug, 2024 06:19am

Business & Finance

Non-filers, tax evaders: Data sharing among key stakeholders under way: McKinsey

ISLAMABAD: The global consulting firm, McKinsey & Company Tuesday informed that data sharing among key...

Published 14 Aug, 2024 06:40am

Educational, health institutions: Senate panel tells FBR to give details of tax, duty relief

ISLAMABAD: The Senate Standing Committee on Finance has sought details of the educational and health institutions...

Updated 07 Aug, 2024 08:36am

Misclassification of steel products: FBR urged to recover taxes from importers

ISLAMABAD: The documented steel sector has conveyed to the Federal Board of Revenue (FBR) that misclassification of...

Updated 07 Aug, 2024 08:00am

Karachi Port: Leakage of Rs1.2trn duty must be plugged: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has directed that tax pilferages such as the leakage of almost Rs1.2...

Updated 25 Jul, 2024 12:21pm

New taxation steps come into effect today

Government enforces new taxation measures of Rs1.761 trillion

Updated 01 Jul, 2024 09:23am

Import of items under FTAs, PTAs during 2022-23: Major decrease in duty exemptions/concessions witnessed

ISLAMABAD: The Federal Board of Revenue (FBR) has witnessed a major decrease in customs duty exemptions/concessions...

Updated 17 Jun, 2024 02:32pm

14-seater sightseeing bus: 30pc duty on electric vehicle import imposed

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has imposed 30 percent customs...

Updated 24 May, 2024 02:28pm

Business & Finance

Customs Dept: Businessmen concerned over anti-smuggling functions

KARACHI: Atif Ikram Sheikh, President FPCCI, has apprised that the business community had grievances with the...

Published 23 May, 2024 05:16am

Chocolate ingredient: 20pc customs duty imposed on import

ISLAMABAD: The Customs classification committee of the Federal Board of Revenue (FBR) has imposed a 20 percent...

Updated 09 Apr, 2024 09:45am

Business & Finance

Multivitamins, natural health products: FBR imposes 20pc duty on import

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) on Wednesday imposed 20...

Updated 28 Mar, 2024 08:48am

Local automobile industry in deep trouble: PAMA

KARACHI: The local automobile industry, already grappling with myriad of challenges, is now being severely impacted...

Updated 27 Mar, 2024 09:34am

Business & Finance

Scooties for kids: 20pc customs duty imposed

ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has imposed 20 percent customs...

Updated 14 Feb, 2024 09:50am

PVC table mats: New customs’ values determined

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has determined new customs...

Updated 06 Feb, 2024 09:53am

FBR CCC’s ruling: Solar DC fan subject to 20pc customs duty

ISLAMABAD: The Customs Classification Committee (CCC) of the Federal Board of Revenue (FBR) has ruled that the...

Updated 06 Feb, 2024 09:52am

Business & Finance

Collectorate of Customs Gwadar surpasses revenue target

QUETTA: Collectorate of Customs, Gwadar has exceeded the assigned revenue target by 114 percent during the first ...

Published 06 Jan, 2024 05:17am

Business & Finance

Availing exemption from RD: Importers of motor spirit fail to establish presence of consignments on the high seas

LAHORE: Importers of motor spirit have failed to establish presence of their consignments on the high seas to avail...

Published 20 Dec, 2023 06:00am

Business & Finance

PSF manufacturer fails to secure blanket cover of law

LAHORE: A polyester staple fibre (PSF) manufacturer has failed to secure blanket cover of the law on protection of...

Published 16 Dec, 2023 05:49am

Business & Finance

FBR pays refunds/customs rebates of Rs335.6bn in 2022-23

ISLAMABAD: The Federal Board of Revenue (FBR) has paid refunds/customs rebates of Rs335.6 billion during 2022-23 as...

Published 29 Nov, 2023 05:09am

Opinion

Budgetary outcome in first quarter

The information on fiscal operations in the first quarter of 2023-24 by the Federal and the four Provincial...

Published 31 Oct, 2023 05:26am

Afghanistan transit trade agreement: MoC allows transportation of goods already landed at Karachi

ISLAMABAD: Ministry of Commerce has allowed transportation of fabrics, tyres, black tea, cosmetics, toiletries,...

Updated 05 Oct, 2023 09:43am

Afghan transit commercial goods: FBR slaps 10pc processing fee on 5 categories

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed 10 percent processing fee on five major categories of...

Updated 04 Oct, 2023 09:04am

Business & Finance

‘Customs denying exemption to importers of HEVs’

LAHORE: Customs authorities are allegedly denying exemption to the importers of Hybrid Electric Vehicles (HEVs) ...

Published 04 Oct, 2023 06:20am

Opinion

Improving tax compliance

The caretaker government has set up a tax reforms taskforce to come up with recommendations to close the ‘tax...

Published 03 Oct, 2023 06:02am

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

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