Trends - Federal Board of Revenue

Federal Board of Revenue

National Tax Council meets to discuss tax reforms, harmonisation

Meeting's agenda focuses on fostering collaboration between federal, provincial authorities to enhance tax systems, improve compliance, and boost revenue collection, Finance Division says

Updated 04 Dec, 2024 10:35pm

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

Markets

‘War on tax fraud’: Pakistan faces revenue gap of Rs3.4tr due to tax evasion & fraud, says finance ministry

Finance & Revenue Division cites FBR study pertaining to iron & steel, beverages, batteries, textile, and cement sectors

Updated 10 Oct, 2024 09:18pm

Markets

TY24: FBR extends deadline for filing tax returns till October 14

Decision taken on requests from trade bodies, tax bar associations, and general public, Federal Board of Revenue says

Updated 01 Oct, 2024 01:37am

Markets

FBR’s digitisation, improved enforcement vital for economic reforms: PM Shehbaz

Enhanced tax receipts will upgrade service delivery, social sector, prime minister says

Updated 20 Sep, 2024 10:48pm

Markets

Higher sales tax threatens government’s EV promotion efforts: EDB official

An official from the Engineering Development Board (EDB) warned that raising the general sales tax (GST) on electric...

Published 11 Sep, 2024 12:44pm

Markets

APTMA urges govt to end ‘regressive taxation policies’

The All Pakistan Textile Mills Association (APTMA) has urged the government to end its ‘regressive taxation...

Updated 23 Aug, 2024 09:19pm

Business & Finance

Millat Tractors stops production, says govt has failed to address issues

Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, said on Thursday it has ceased production...

Updated 22 Aug, 2024 08:11pm

BR Research

E-Invoicing: FBR’s digital leap for Pakistan

The Federal Board of Revenue (FBR) in Pakistan has taken a significant step towards digitizing the economy by...

Published 06 Aug, 2024 06:52am

Technology

Blocking mobile SIMs: explore alternative strategies to enhance tax collection, GSMA urges FBR

GSMA says move could potentially disrupt vital services, especially during disasters and climate-related events

Updated 09 May, 2024 10:29pm

Business & Finance

FBR notifies transfers of 12 key officers to Admin Pool

The Federal Board of Revenue (FBR) has notified transfers of 12 officers of the Inland Revenue Service and Pakistan...

Published 26 Apr, 2024 10:48pm

Business & Finance

FBR, Karandaaz sign pact to work on digitisation of tax system

The Federal Board of Revenue (FBR) signed an agreement with Karandaaz Pakistan for digitisation of the tax system, a...

Published 15 Mar, 2024 09:23pm

Rs16bn money-laundering case: probe suspended

KARACHI: The Federal Board of Revenue (FBR) has reportedly suspended investigations against four shell companies...

Updated 06 Jan, 2024 05:18pm

FBR set to block mobile phones of non-filers

Tax body will issue Income Tax General order by January 15

Updated 03 Jan, 2024 03:26pm

Editorials

Despite a 146pc FED hike on cigarettes

EDITORIAL: Going by FBR (Federal Board of Revenue) revenue figures, it has successfully busted the great tobacco...

Published 16 Dec, 2023 05:49am

145 govt organisations: FBR defines ‘economic transaction’ for maintaining data

ISLAMABAD: The Federal Board of Revenue (FBR) will maintain record of economic transactions of transfers of gifts...

Updated 09 Dec, 2023 09:09am

Business & Finance

FBR creates new post of Member (Digital Initiatives)

ISLAMABAD: The Federal Board of Revenue (FBR) has created a new post of the Member (Digital Initiatives) to...

Published 17 Oct, 2023 06:41am

Business & Finance

FBR confirms tax return filing deadline extended by 1 month

The Federal Board of Revenue (FBR) on Saturday said the date of date of filing income tax returns for Tax Year 2023...

Published 30 Sep, 2023 11:54pm

Markets

FBR asks TPL Trakker to install tracking devices on transhipment cargo

FBR asks company to begin operations at all customs stations across the country where transhipment consignments are being originated from or designated to

Published 22 Mar, 2023 12:31pm

Business & Finance

Tax officials asked to update personal profiles

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all tax officials to update their personal profiles under...

Published 11 Feb, 2023 07:14am

Business & Finance

Baggage Rules revised: FBR fixes forex limit for outgoing passengers of 18 years or above

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday fixed a maximum limit of $5,000 (per visit) and $30,000...

Published 14 Dec, 2022 05:57am

Technology

Taxation-related issues of IT sector: FBR nominates IR Commissioners as focal persons

ISLAMABAD: The Federal Board of Revenue (FBR), for the first time, nominated Chief Commissioners (Inland Revenue) as...

Updated 03 Dec, 2022 11:52am

Pakistan

Budget 2022-23: here are revised tax rates and slabs for the salaried income group

Govt targets 'ultra' rich with new taxation slabs

Published 10 Jun, 2022 11:02pm

Business & Finance

Excessive tax demands fall under definition of maladministration: FTO

ISLAMABAD: The Federal Tax Ombudsman (FTO) Office on Wednesday said that the Federal Board of Revenue’s creation ...

Published 14 Apr, 2022 04:55am

‘Trade facilitation is top priority after revenue generation’: FBR chief

KARACHI: Federal Board of Revenue Chairman Dr Muhammad Ashfaq Ahmed has said trade facilitation is a top priority...

Updated 24 Mar, 2022 10:36am

Editorials

Federal, provincial fiscal operations

EDITORIAL: The release of the federal and provincial fiscal operations show that the economy July-December is on...

Published 14 Feb, 2022 06:47am

Pakistan

Under-declaration, under-filing: some taking undue advantage of ‘flaw’ in law

LAHORE: Some, not all, individuals carrying out freelancer consultancy services are involved in under declaration ...

Published 13 Feb, 2022 05:48am

Business & Finance

RTO Peshawar surpasses Q2 tax collection target

PESHAWAR: The Regional Tax Office (RTO), Federal Board of Revenue (FBR) has achieved its tax-collection target in ...

Published 10 Jan, 2022 07:02am

FBR collects Rs287bn more revenue

ISLAMABAD: The Federal Board of Revenue (FBR) has collected net revenue of Rs2,920 billion during July-December...

Updated 01 Jan, 2022 10:01am

Business & Finance

Re1 service charge on all invoices: FBR rebuts disinformation on social media

ISLAMABAD: Federal Board of Revenue (FBR) has strongly rebutted disinformation being spread on the social media...

Published 14 Dec, 2021 06:40am

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

Federal Board of Revenue

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