Trends - Finance Act 2024 - Business Recorder

Finance Act 2024

Tax collection under Finance Act 2024: KTBA urges FBR to clarify new amendments

KARACHI: The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to clarify the...

Updated 20 Aug, 2024 08:49am

Imported goods specified in Third Schedule: FBR empowered to fix value of supply

ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to fix the value of supply in case of imported...

Updated 06 Aug, 2024 09:07am

Business & Finance

Petroleum products into sales Tax exemption: Change of status of zero-rating to benefit FBR worth Rs20bn

ISLAMABAD: The change of status of zero-rating of petroleum products into sales tax exemption would benefit Federal...

Published 31 Jul, 2024 06:40am

FBR tells banks: Only bad debts classified as loss are expense

ISLAMABAD: The Federal Board of revenue (FBR) has conveyed to banks that only bad debts classified as loss...

Updated 31 Jul, 2024 09:29am

Editorials

The fast-eroding trust of taxpayers

EDITORIAL: A multitude of tax revenue measures introduced in the FY25 budget are unraveling piece by piece. The...

Updated 29 Jul, 2024 07:06am

25pc tax slapped on imported mobile phones in CBU condition

Updated Sales Tax Act reveals 25 percent sales tax would be charged on the import of mobile phones or satellite phones on the basis of import value (exceeding USD 500) per set, or equivalent value in rupees in case of supply by the manufacturer

Updated 25 Jul, 2024 01:21pm

Business community urges PM to review ‘negative’ measures in Finance Act

ISLAMABAD: The business community of Lahore and Peshawar have approached Prime Minister Shehbaz Sharif against harsh...

Updated 21 Jul, 2024 10:07am

Business & Finance

Finance Act, 2024: FBR official explains changes made to Sales Tax

LAHORE: Raza Ashfaq, Commissioner, Inland Revenue and Member Sales Tax Appellate Tribunal Punjab, has explained...

Published 16 Jul, 2024 06:26am

Cement dealers go on countrywide strike against taxes

ISLAMABAD: Cement dealers in Pakistan begin their countrywide strike for an indefinite period against higher...

Updated 16 Jul, 2024 01:49pm

FBR fails to achieve Rs9.4trn collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs9.3 trillion during the whole fiscal year 2023-24,...

Updated 13 Jul, 2024 10:17pm

Tajir Dost Scheme: CC offers alternative plan to FBR

ISLAMABAD: As the Federal Board of Revenue (FBR) is ready to issue a notification to impose tax on shopkeepers/...

Updated 11 Jul, 2024 08:32am

Editorials

Rebellion by unregistered business entities

EDITORIAL: The stubborn resistance of the country’s unregistered sector to yet another attempt by the authorities...

Published 09 Jul, 2024 05:31am

Business & Finance

Finance Act 2024: FBR SROs to cause business closures: LCCI

LAHORE: The Lahore Chamber of Commerce and Industry has urged the government to address the concerns of business...

Published 06 Jul, 2024 06:48am

Business & Finance

Value-added textile exporters demand resumption of FTR

LAHORE: Expressing serious concerns over the Finance Act 2024, the value-added textile exporters have urged the...

Published 06 Jul, 2024 06:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 11	278.65
USD PKR Interbank Buying / Sep 11	278.40
USD to Japanese Yen / Sep 11	142.41
USD to Swiss Franc / Sep 11	0.85
Pound Sterling to USD / Sep 11	1.30
Euro to USD / Sep 11	1.10

Stock	Volume
S&P 500 / Sep 11	5,536.66
India Sensex / Sep 11	81,523.16
Tokyo Nikkei / Sep 11	35,619.77
Nasdaq / Sep 11	17,395.53
Hang Seng / Sep 11	17,108.71
FTSE 100 / Sep 11	8,193.94
Dow Jones / Sep 11	40,861.71
Germany DAX 30 / Sep 11	18,330.27

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 10	18,735
Crude Oil USD/Barrel / Sep 11	67.07
Gold 10 Grams PKR / Sep 11	226,337
Gold Spot USD/Ounce / Sep 11	2,512.70
Cotton US¢/pound / Sep 11	69.61
Petrol/Litre / Sep 12	259.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 12 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 12 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 12 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 12 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 12 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 12 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 12 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 12 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 12 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 12 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 12 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 12 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 12 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 12 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 12 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 12 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 12 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 12 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 12 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 12 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 12 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 12 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Finance Act 2024

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