Trends - Finance Bill 2021 - Business Recorder

Finance Bill 2021

'Mini-budget': National Assembly passes Finance (Supplementary) Bill 2021

Finance minister Shaukat Tarin argues govt is looking to bring structural reforms

Updated 14 Jan, 2022 12:36am

Pakistan

SBP's independence in Pakistan's interest: Fawad

Information minister says financial stability is returning to the country

Updated 02 Jan, 2022 02:37pm

Pakistan

Meeting on tax laws: Absence of FBR chief irks Senate panel

ISLAMABAD: The Senate Standing Committee on Finance Wednesday expressed displeasure over the absence of the chairman...

Published 15 Jul, 2021 04:03am

Business

FBR withdraws provision of Common Identifier Number

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn the provision of Common Identifier Number through an...

Published 01 Jul, 2021 04:09am

Business & Finance

Willful defaults: Amended Finance Bill specifies tax arrest body

ISLAMABAD: A committee comprising the finance minister, the chairman Federal Board of Revenue (FBR) and the FBR's...

Published 30 Jun, 2021 03:54am

Over Rs100bn taxes withdrawn

ISLAMABAD: The government has withdrawn taxes of over and above Rs100 billion following withdrawal of the proposed...

Published 30 Jun, 2021 03:54am

Over Rs25m tax liability: Action would be considered: Tarin

ISLAMABAD: Finance Minister Shaukat Tarin on Tuesday said the government would go after the wilful tax defaulters as...

Published 30 Jun, 2021 03:54am

Minimum turnover tax: SMEs excluded from purview

ISLAMABAD: The government has excluded small and medium enterprises (SMEs) from the purview of minimum turnover tax...

Published 30 Jun, 2021 03:54am

Pakistan

National Assembly approves amended Finance Bill 2021

Finance Minister Shaukat Tarin says focus remains on agriculture sector
Roadmap made to lift 4 million households out of poverty, adds Tarin

Published 29 Jun, 2021 07:55pm

Business & Finance

Telecom industry: Mobile operators collectively raise voice against tax proposals

ISLAMABAD: All telecom operators have collectively cautioned Finance Minister Shaukat Tarin that the implementation...

Published 29 Jun, 2021 03:24am

'Amended' Finance Bill 2021 may be laid in NA today

ISLAMABAD: The amended Finance Bill 2021 is expected to be tabled in the National Assembly today (Monday), with...

Updated 28 Jun, 2021 09:23am

FBR finalises amendments

ISLAMABAD: The Federal Board of Revenue (FBR) finalised amendments in the Finance Bill 2021 late Friday night. It is...

Published 26 Jun, 2021 03:24am

Pakistan

Salaried employees: Income tax exemption being restored on medical reimbursement

ISLAMABAD: The government has decided to restore income tax exemption on the medical allowances/reimbursement...

Updated 25 Jun, 2021 12:23pm

Tarin explains IMF challenge

Finance minister says Pakistan presented alternate plan and Fund accepted that it possessed weightage
Adds powers to arrest willful tax defaulters would rest with him and FBR chairman

Updated 25 Jun, 2021 12:34pm

Business & Finance

Finance Bill 2021: Senate adopts nearly 300 recommendations

ISLAMABAD: Senate Thursday adopted its nearly 300 recommendations including those related to Finance Bill 2021 as...

Published 25 Jun, 2021 04:20am

Business & Finance

LCCI holds post budget convention: Chambers call for withdrawal of anti-business budget clauses

LAHORE: As many as 25 chambers of commerce and industry, at a two-day Post Budget Convention under the umbrella of...

Published 25 Jun, 2021 04:20am

Pakistan

Incorporating in Finance Bill: NA body to suggest recommendations to Tarin

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue has begun – for the first time – ...

Published 23 Jun, 2021 04:26am

Opinion

Towards an end to tax harassment

On the basis of my thirty years of tax practice I can assure you that the abuse of the under-mentioned three lines...

Published 22 Jun, 2021 04:46am

Amendment to Finance Bill 2021: FBR explains minimum tax rates, right of appeal

ISLAMABAD: The Federal Board of Revenue (FBR) Sunday clarified that the table prescribing tax rates for minimum tax...

Updated 21 Jun, 2021 09:49am

Tax exemptions: Senate panel asks FBR to give details of entities

ISLAMABAD: The Senate Standing Committee on Finance has sought from the Federal Board of Revenue (FBR) complete...

Published 20 Jun, 2021 03:39am

Senate body rejects tax exemption to political parties

ISLAMABAD: The Senate Standing Committee on Finance on Friday rejected proposed tax exemption to the political...

Published 19 Jun, 2021 03:23am

Concealment of income tax: IR officers’ powers to arrest any person withdrawn

ISLAMABAD: The government has taken the final decision to delete all income tax provisions from the Finance Bill,...

Published 19 Jun, 2021 03:23am

Opinion

Salaried class and tax brutality

The proposed taxation of salary income on gross basis, for the first time in Subcontinent since the introduction of...

Published 18 Jun, 2021 04:16am

Business & Finance

Appeal against assessment: Taxpayers shocked over ‘harsh’ tax amendment proposal

ISLAMABAD: Taxpayers are shocked over a harsh and unjustified income tax amendment to the Finance Bill 2021, under...

Published 18 Jun, 2021 04:16am

Opinion

Budget: Out-of-the-box actions

In the following paragraphs I will only discuss three major proposals in the proposed Finance Bill, 2021, two of...

Published 17 Jun, 2021 03:27am

Pakistan

Selling smuggled goods: Retailers will be penalised, imprisoned

ISLAMABAD: The retailers engaged in the selling of smuggled goods would be heavily penalised and imprisoned under ...

Published 16 Jun, 2021 03:40am

Arrest for concealment of income: Senate panel turns down proposed changes in tax law

ISLAMABAD: The Senate Standing Committee on Finance has unanimously turned down the proposed changes in the income...

Published 16 Jun, 2021 03:39am

Charges of concealment of income: IR officers empowered to arrest any person

ISLAMABAD: The Inland Revenue officers have been empowered to arrest any person on the charges of concealment of...

Published 15 Jun, 2021 03:30am

Business & Finance

Punjab cabinet approves budgetary proposals for FY2021-22

LAHORE: The Punjab cabinet, which met here on Monday with Chief Minister Sardar Usman Buzdar in the chair, accorded...

Published 15 Jun, 2021 03:30am

ACD cut on goods falling under 2,436 tariff lines: RD on 80 non-essential, luxury items increased

ISLAMABAD: The Federal Board of Revenue (FBR) has increased the regulatory duties on the import of 80...

Published 12 Jun, 2021 05:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

Markets →

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Finance Bill 2021

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