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Meat, bone meal imported from Brazil: customs values revised

ISLAMABAD: Directorate General Customs Valuation Karachi has revised customs values on the import of meat & bone...

Updated 16 Dec, 2024 04:08pm

Business & Finance

Customs reduces values of imported power tools

LAHORE: In a stunning reversal, the customs valuation department has effectively reduced the custom values of power...

Updated 10 Dec, 2024 09:13am

Pakistan

Importers question transparency in redemption of vehicles

LAHORE: A recent confiscation of a vehicle has raised questions about the effectiveness of Customs enforcement and...

Published 05 Dec, 2024 08:11am

Pakistan

Customs dept under fire for issuing time-barred notices

LAHORE: The customs department is facing intense criticism for issuing time-barred notices, creating unnecessary...

Published 09 Nov, 2024 06:36am

PSA takes strong steps to check substandard solar imports

KARACHI: Pakistan Solar Association (PSA) is doing its utmost to ensure a stable and reliable supply of solar panels...

Published 31 Aug, 2024 06:55am

Business & Finance

APTMA, German importers agree to boost bilateral trade expansion

LAHORE: The All Pakistan Textile Mills Association (APTMA) and a visiting delegation of German importers have agreed...

Published 27 Aug, 2024 06:44am

Nine iron, steel importers laundered money

KARACHI: Some nine iron and steel importers have been caught in a massive money laundering worth a staggering Rs 9.7...

Updated 10 Aug, 2024 04:23pm

Misclassification of steel products: FBR urged to recover taxes from importers

ISLAMABAD: The documented steel sector has conveyed to the Federal Board of Revenue (FBR) that misclassification of...

Updated 07 Aug, 2024 08:00am

TDRO fails to provide relief to importers, exporters

ISLAMABAD: Commerce Ministry’s Trade Dispute Resolution Organisation (TDRO) is said to have failed to provide any...

Updated 05 Jun, 2024 08:55am

Directorate of PCA (South) Karachi: FTO for withdrawal of illegal audit notices to importers

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Directorate of Post-Clearance Audit Karachi to withdraw...

Updated 25 May, 2024 08:42am

Supplies by importers: Reduced rate of 1-4pc for purpose of tax withholding likely

ISLAMABAD: The government is planning to introduce a reduced rate of 1-4 percent for the purpose of tax withholding...

Updated 12 May, 2024 01:30pm

Regularisation of un-registered mobile phones: FBR issues procedure for commercial importers

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a procedure for the commercial importers for regularization...

Updated 25 Mar, 2024 08:51am

Importers, manufacturers and wholesalers: FBR allows e-invoice integration with its digital system

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed importers, manufacturers and wholesalers/ dealers/...

Updated 03 Feb, 2024 02:48pm

Business & Finance

A think tank for amending laws to improve agri sector

LAHORE: The Agriculture Republic, a think-tank that brainstorms agricultural issues and suggests remedies, says the...

Published 26 Dec, 2023 04:30am

Business & Finance

Fast-moving consumer goods: FBR issues SRO

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all importers, manufacturers, wholesalers/ dealers/...

Published 13 Dec, 2023 05:33am

Importer booked for evasion of Rs30m duty

ISLAMABAD: Collectorate of Customs Appraisement- South Asia Pakistan Terminal (SAPT), Karachi has booked an importer...

Updated 11 Dec, 2023 09:50am

Business & Finance

Release of goods on provisional assessment: Importers no more at liberty to escape liability of duty

LAHORE: Importers are no more at liberty to escape the liability of proceedings for recovery of duty, taxes or ...

Published 09 Dec, 2023 05:46am

Customs values of various goods changed

ISLAMABAD: The Directorate General of Customs Valuation Karachi has revised customs values on the import of Hot Melt...

Updated 07 Dec, 2023 09:20am

Pakistan

Getting goods released on provisional assessment basis: importers accused of violating law

LAHORE: Some importers are allegedly violating law by getting released goods on the basis of provisional assessment...

Published 17 Oct, 2023 05:51am

Business & Finance

Pakistan, South Africa: Al Baraka Bank holds webinar to connect exporters to importers

KARACHI: Al Baraka Bank (Pakistan) Limited hosted the first of its kind webinar on the launch of Al Baraka Group...

Published 14 Sep, 2023 06:07am

Fake/flying invoices: Taxmen told to conduct probe into cases of big cos

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the tax officials to investigate cases of commercial...

Updated 09 Sep, 2023 09:01am

Business & Finance

Economist argues PKR slide hurting market equilibrium

KARACHI: The burning problems of the common man, business & industrial community whether small or large are...

Published 04 Sep, 2023 06:21am

Ampoule manufacturing: Glass tubing subjected to 20pc customs duty: FBR

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that the glass...

Updated 09 Aug, 2023 08:41am

Business & Finance

KCCI urges SBP to take notice of banks’ denial to issue LCs

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf, while referring to deep...

Published 25 Jul, 2023 06:20am

Inward flows of dollars to create breathing space: ministry

ISLAMABAD: The Ministry of Industries and Production (MoI&P) Tuesday said it is still clueless about lifting of...

Updated 12 Jul, 2023 08:51am

Rate of advance income tax for commercial importers hiked

KARACHI: The government has increased the rate of advance income tax for commercial importers from 5.5% to 6%....

Updated 05 Jul, 2023 08:55am

Special Technology Zones: FBR imposes conditions on importers

ISLAMABAD: The goods imported for the Special Technology Zones (STZs) must be retained for a period of at least ten...

Updated 11 May, 2023 08:49am

Business & Finance

Mishandling of refund claims worries importers

LAHORE: Importers have expressed concerns over not attending their refund claims in correct factual and legal...

Published 21 Apr, 2023 05:56am

Business & Finance

Frustrated cargoes: No NOC required from SBP & MoC, FTO tells DGTT Karachi

ISLAMABAD: The Federal Tax Ombudsman (FTO) has barred the Directorate General of Transit Trade Karachi from asking...

Published 08 Apr, 2023 07:18am

Business & Finance

Dollar-rupee fluctuation: Importers demand across-the-board hike in drug prices

KARACHI: Pakistan is facing an extreme shortage of imported medical products such as those related to general...

Published 21 Mar, 2023 06:29am

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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

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