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global tax

India asks whether global tax deal can work after US withdrawal

NEW DELHI: India is assessing whether a global corporate tax deal agreed between 140 nations can work following U.S....

Published 03 Feb, 2025 02:09pm

Editorials

Tackling inequality

EDITORIAL: In a perfect reflection of the way global income and wealth disparities have grown exponentially in our...

Published 02 Aug, 2024 05:55am

Opinion

OECD, Pakistan & tax evasion

The Organisation for Economic Co-operation and Development (OECD), an international organization dedicated to...

Updated 26 Jul, 2024 08:22am

Business & Finance

Failure to tax world’s richest means global tax needed

PARIS: The failure of rich countries to tax the world’s billionaires has made it necessary to introduce a global...

Updated 27 Jun, 2024 08:50am

World

US negotiating R&D tax credit as part of global tax deal: Yellen

WASHINGTON: Treasury Secretary Janet Yellen said on Tuesday that the United States is in talks with other countries...

Published 01 May, 2024 04:14am

World

Australia upbeat on global tax talks at G20 in India

SYDNEY: Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul...

Published 15 Jul, 2023 10:52am

World

France, Germany to sidestep Hungary on global tax

PRAGUE: Germany, France and three other top European economies said Friday they would implement an international...

Published 09 Sep, 2022 06:20pm

World

Hungary parliament panel reiterates opposition to global minimum tax

BUDAPEST: Hungary’s parliamentary economic affairs panel on Monday reiterated the ruling Fidesz party’s opposition...

Published 11 Jul, 2022 06:17pm

World

Poland blocks EU compromise on global minimum corporate tax deal

PARIS: Poland on Tuesday blocked a French-proposed compromise on how to implement a minimum corporate tax across the...

Published 05 Apr, 2022 05:28pm

Opinion

Global tax deal leaves billion-dollar loopholes

Leaders of the world’s largest economies hailed a recent agreement to overhaul global corporate tax rules as key...

Published 04 Dec, 2021 04:23am

World

G20 leaders approve global tax reform deal

Some 136 countries representing more than 90 percent of global GDP have signed a OECD-brokered deal to more fairly tax multinational companies and enact a minimum tax on global corporations of 15 percent

Published 30 Oct, 2021 09:50pm

Opinion

Pandora's box

The Greek myth of Pandora's box seems to have come true with a vengeance by the revelations gleaned by the...

Published 05 Oct, 2021 04:34am

Business & Finance

Nobel laureate Stiglitz says global tax plan should aim higher

CERNOBBIO, (Italy): Nobel economics prize laureate Joseph Stiglitz praised international backing for a global tax on...

Published 07 Sep, 2021 06:25am

G20 endorses historic global tax reform

VENICE: G20 finance ministers on Saturday gave their backing to a historic deal to overhaul the way multinational...

Published 11 Jul, 2021 05:54am

Opinion

Bargaining over global tax enters key stage

Nearly 140 countries will haggle over key details of a global corporate tax plan this week, with some concerned ...

Published 28 Jun, 2021 04:38am

World

Indonesia, South Africa, Mexico back G7 global tax reform proposal

G7 finance ministers agreed on Saturday on a system to make multinational companies pay more tax in countries where they operate, alongside a minimum global corporate tax rate of at least 15%.

Published 10 Jun, 2021 06:49pm

Business & Finance

Global tax still far from becoming reality

The country has a 25 percent corporate tax rate which drops to 15 percent for high-tech companies.

Published 09 Jun, 2021 11:36am

World

EXCLUSIVE G7 to back minimum global corporate tax and support economy - draft

"We commit to not withdrawing policy support too soon and investing to promote growth, create high-quality jobs and address climate change and inequalities," the draft communique, seen by Reuters, said.

Published 31 May, 2021 10:17pm

World

US drops demand for 'safe harbor' regime in global tax talks

Secretary Yellen announced that we will engage robustly to address both Pillars of the OECD project, and that that the United States is no longer advocating for "safe harbor" implementation of Pillar 1.

Published 26 Feb, 2021 09:19pm

World

France hails US shift on tech tax

French Finance Minister hailed Yellen's comments as marking "a real change in position on the taxation of digital giants."

Published 20 Jan, 2021 05:39pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 28	281.12
USD PKR Interbank Buying / Apr 28	280.92
USD to Japanese Yen / Apr 28	143.49
USD to Swiss Franc / Apr 28	0.83
Pound Sterling to USD / Apr 28	1.33
Euro to USD / Apr 28	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
Nasdaq / Apr 25	17,382.94
Dow Jones / Apr 25	40,113.50
India Sensex / Apr 28	79,923.27
Tokyo Nikkei / Apr 28	35,842.14
Hang Seng / Apr 28	21,998.78
FTSE 100 / Apr 28	8,435.69
Germany DAX 30 / Apr 28	22,309.26
France CAC40 / Apr 28	7,567.10

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Petrol/Litre / Apr 28	254.63
Crude Oil USD/Barrel / Apr 28	63.38
Gold Spot USD/Ounce / Apr 28	3,288.65
Diesel/Litre / Apr 28	258.64
Cotton US¢/pound / Apr 28	68.37

Gainers
Losers
Leaders

Stock	Price
Ruby Textile / Apr 28 Ruby Textile Mills Limited(RUBY)	7.98 ▲ 0.78 (10.83%)
ECOPACK Ltd / Apr 28 Ecopack Limited(ECOP)	34.71 ▲ 3.16 (10.02%)
PIA Holding Co.B / Apr 28 PIA Holding Company Limited B(PIAHCLB)	3,610.52 ▲ 328.23 (10%)
Shezan Inter. / Apr 28 Shezan International Limited(SHEZ)	223.33 ▲ 20.3 (10%)
MCB Invest. Managmt. / Apr 28 MCB Investment Management Limited(MCBIM)	93.80 ▲ 8.53 (10%)
S.S.Oil / Apr 28 S.S.Oil Mills Limited(SSOM)	392.76 ▲ 35.71 (10%)
GOC (Pak) / Apr 28 GOC (Pak) Limited.(GOC)	66.02 ▲ 6 (10%)
Sunrays Textile / Apr 28 Sunrays Textile Mills Limited(SUTM)	172.02 ▲ 15.64 (10%)
Shakarganj / Apr 28 Shakarganj Limited(SML)	43.54 ▲ 3.92 (9.89%)
Kohinoor Mills / Apr 28 Kohinoor Mills Limited(KML)	34.12 ▲ 3.05 (9.82%)

Stock	Price
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	369.50 ▼ -1381.95 (-78.9%)
Tariq Corp.Pref. / Apr 28 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.45 ▼ -0.87 (-11.89%)
Dewan Textile / Apr 28 Dewan Textile Mills Limited(DWTM)	6.50 ▼ -0.8 (-10.96%)
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	7.16 ▼ -0.84 (-10.5%)
Bunnys Limited / Apr 28 Bunnys Limited(BNL)	30.75 ▼ -3.42 (-10.01%)
Matco Foods Ltd / Apr 28 Matco Foods Limited(MFL)	39.84 ▼ -4.43 (-10.01%)
Bawany Air Products / Apr 28 Bawany Air Products Limited(BAPL)	25.83 ▼ -2.87 (-10%)
At-Tahur Ltd. / Apr 28 At-Tahur Limited(PREMA)	78.07 ▼ -8.67 (-10%)
Tata Textile / Apr 28 Tata Textile Mills Limited(TATM)	41.38 ▼ -4.6 (-10%)
Imperial Limited / Apr 28 Imperial Limited(IML)	15.30 ▼ -1.7 (-10%)

Stock	Volume
Power Cement / Apr 28 Power Cement Limited(POWER)	16,118,553 ▼ -0.55
B.O.Punjab / Apr 28 The Bank of Punjab(BOP)	16,055,484 ▼ -0.21
Pak Elektron / Apr 28 Pak Elektron Limited(PAEL)	13,862,275 ▼ -1.61
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	11,019,536 ▼ -0.84
Maple Leaf Cement / Apr 28 Maple Leaf Cement Factory Limited(MLCF)	10,327,593 ▲ 1.19
At-Tahur Ltd. / Apr 28 At-Tahur Limited(PREMA)	8,710,552 ▼ -8.67
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	8,671,550 ▲ 0
Sui North Gas / Apr 28 Sui Northern Gas Pipelines Limited(SNGP)	8,274,931 ▲ 0.24
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	8,009,686 ▼ -1381.95
Dewan Cement / Apr 28 Dewan Cement Limited(DCL)	7,807,747 ▲ 0.27

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