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GST

Sugar mills: PM orders CCTV surveillance

ISLAMABAD: In an effort to crackdown on ‘sugar mafia’ ahead of the sugar crushing season, Prime Minister Shehbaz...

Published 20 Nov, 2024 06:45am

Editorials

Surcharge on fossil fuels

EDITORIAL: It’s been learnt that one of the key measures under consideration to increase the tax-to-GDP ratio, as...

Updated 17 Nov, 2024 06:07am

Opinion

Countering sales tax frauds

Globally, tax crimes have always been a significant threat to economic stability and governance. These offences that...

Updated 15 Nov, 2024 08:11am

PSMA seeks nod to export more sugar

ISLAMABAD: The Pakistan Sugar Mills Association (PSMA) has sought government’s permission to export more sugar,...

Updated 08 Nov, 2024 09:53am

Incidence of GST to go down: Minimum value of 4 steel goods drastically cut

ISLAMABAD: The Federal Board of Revenue (FBR) has drastically cut the minimum value of supply of four...

Updated 25 Oct, 2024 09:25am

Opinion

Squeezing lemons: the fallout of lazy reforms

The government is resorting to lazy reforms, putting pressure on the known and compliant while ignoring systemic...

Published 21 Oct, 2024 06:44am

GST fraud allegations: Leading cos’ CFOs go into hiding

ISLAMABAD: The chief financial officers (CFOs) of companies allegedly involved in sales tax fraud have apparently...

Updated 18 Oct, 2024 02:53pm

Govt may collect Rs300bn from agri tax

FBR asks provinces to adopt federal schedule of income tax for collection of agricultural income tax

Updated 14 Oct, 2024 03:17pm

EFS ends: Exporters now to pay regular income tax: IMF

ISLAMABAD: Exporters will be brought into the regular income tax regime, Exporters Facilitation Scheme terminated,...

Updated 12 Oct, 2024 09:50pm

Petrol price likely to remain unchanged

ISLAMABAD: The federal government is considering maintaining the current price of petrol while implementing a slight...

Updated 28 Sep, 2024 08:48am

Markets

Petrol price cut by Rs10, HSD’s by Rs13.06

ISLAMABAD: The federal government announced a substantial reduction in prices of petroleum products on Sunday,...

Published 16 Sep, 2024 06:08am

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

Business & Finance

Economic challenges, GST imposition badly hurt industry of transport parts

LAHORE: The tractor parts industry, a vital sector supporting the country’s agricultural backbone, is on the brink...

Published 07 Sep, 2024 06:59am

GST relief on scrap: Steel industry urges FBR to implement policy decision

ISLAMABAD: The documented steel industry has asked the Federal Board of Revenue (FBR) to implement policy decision...

Updated 03 Sep, 2024 08:58am

Business & Finance

Higher taxation: BMP says govt has failed to pass on oil price decline to consumers

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has sought reduction in...

Updated 02 Sep, 2024 09:12am

Markets

India collects $21bn in goods and services tax in August

NEW DELHI: India collected 1.75 trillion rupees ($20.87 billion) in goods and services tax (GST) in July, a rise of...

Published 01 Sep, 2024 08:14pm

Business & Finance

Millat Tractors Association urges clear policy regarding GST

LAHORE: The Millat Tractors Association of Pakistan has made a strong appeal to the government to promptly provide a...

Published 01 Sep, 2024 02:46am

Date for filing GST, federal excise returns extended

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the last date for filing of sales tax and federal excise...

Updated 18 Aug, 2024 09:44am

Opinion

Bring back zero-rating

Should the government ensure implementation of sales tax at the point-of-sale, ~Rs 293 billion in tax revenue could...

Updated 13 Aug, 2024 07:51am

Business & Finance

Millat Tractors warns of shutdown amid GST dispute and plummeting sales

Millat Tractors Limited (MTL), Pakistan’s largest tractor manufacturer, has signaled that it may have to shut down...

Updated 12 Aug, 2024 10:15pm

Business & Finance

Tractor industry on brink of shutdown: PAAPAM

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has announced that the...

Updated 10 Aug, 2024 07:38am

Govt mulling raising GST on tractors to 14pc

ISLAMABAD: The federal government is planning to raise sales tax on tractors from 10 to 14 percent. In the last...

Updated 04 Aug, 2024 09:53am

Conditions for GST payment, tax returns relaxed

ISLAMABAD: The Federal Board of Revenue (FBR) has relaxed conditions for sales taxpayers and requirement to file...

Updated 02 Aug, 2024 09:45am

Auction for serviceable old cars: No 18pc GST if tax paid at import stage: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) will not charge 18 percent sales tax on auction of serviceable old and...

Updated 01 Aug, 2024 09:20am

Input goods for finished items: EFS users required to pay GST on supply: FBR

ISLAMABAD: Manufacturers-cum-exporters (users) of “Export Facilitation Scheme” (EFS) would now be required to pay...

Updated 19 Jul, 2024 10:16am

Business & Finance

FBR asked to bring all hidden issues before PM immediately

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to immediately bring all...

Updated 15 Jul, 2024 09:23am

Business & Finance

Alternative medicines: PCDA seeks withdrawal of 18pc GST immediately

KARACHI: The Pakistan Chemists and Druggists Association (PCDA) strongly condemned the imposition of an 18% general...

Published 11 Jul, 2024 07:37am

Business & Finance

PAAPAM demands RD on all old, used vehicles

ISLAMABAD: Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM), led by Chairman Abdul...

Updated 10 Jul, 2024 09:32am

Business & Finance

25-30pc sales tax on essential healthcare products assailed

ISLAMABAD: The Healthcare Devices Association of Pakistan (HDAP) expresses profound concern and frustration on ...

Published 27 Jun, 2024 06:52am

Business & Finance

PPA, Veterinary Pharmaceutical body, traders visit LCCI

LAHORE: Delegations from the Veterinary Pharmaceutical Association, farmers, pharmaceutical stakeholders, traders,...

Published 27 Jun, 2024 06:52am

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
Gold 10 Grams PKR / Nov 20	238,940
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 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

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