Trends - income tax - Business Recorder

income tax

Hydel projects: KP seeks tax relief on par with private sector & AJK

ISLAMABAD: The Khyber Pakhtunkhwa government has sought Income Tax exemptions for its hydel projects at par with...

Updated 2 days ago

SC CB asks whether super tax is a ‘tax’ or ‘fee’

ISLAMABAD: Supreme Court Judge Justice Muhammad Ali Mazhar has said that if the apex court concludes that the levy...

Updated 16 Apr, 2025 08:55am

Salaried class: Call for revision of tax slabs, rise in exemption limits

ISLAMABAD: The Salaried Class Alliance Pakistan has called for a revision of tax slabs, an increase in exemption...

Updated 14 Apr, 2025 08:56am

Budget FY26: Relief for salaried people, cut in power rates likely

Finance Minister Muhammad Aurangzeb says efforts under way to lower power bills by July, or earlier

Updated 12 Apr, 2025 02:55pm

Business & Finance

FY26 budget: salaried class urges govt to raise tax exemption limit to Rs1.2 million

As the government commenced preparations for the upcoming budget, the tax-burdened salaried individuals have jointly...

Updated 10 Apr, 2025 09:50pm

SC to take up pleas against Super Tax tomorrow

ISLAMABAD: The constitutional bench of the Supreme Court will take up petitions against Sections 4B and 4C of the...

Updated 06 Apr, 2025 11:28am

Opinion

‘Unconstitutional’ windfall tax—II

Discriminatory without intelligible differentia [Points 7 & 8] The Supreme Court of Pakistan in Federation of...

Published 30 Mar, 2025 06:17am

Teachers: federal cabinet restores 25pc income tax rebate

ISLAMABAD: Following intervention of the Federal Tax Ombudsman (FTO), the Federal Cabinet has restored 25 percent...

Updated 28 Mar, 2025 02:10pm

First review of $7bn EFF, and new $1.3bn RSF arrangement: SLA reached; IMF praises performance

Government can unlock the $1.3billion under a new climate resilience loan programme spanning 28 months

Updated 27 Mar, 2025 03:13pm

Editorials

The high cost of punitive taxation

EDITORIAL: The fundamentally flawed nature of the tax regime operational in Pakistan is both well-documented and...

Published 19 Mar, 2025 05:48am

Automated income tax refund system: FBR fails to implement IHC judgement

ISLAMABAD: The Islamabad High Court’s landmark judgment for effective enforcement of an automated income tax refund...

Updated 17 Mar, 2025 08:48am

Editorials

SMEs and the high cost of formal economy

EDITORIAL: In yet another attempt in a long line of programmes aimed at promoting the SME sector, the Small and...

Published 28 Feb, 2025 06:49am

Iron, steel scrap importers: FBR withdraws EFS facility

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn facility of Export Facilitation Scheme (EFS) 2021 from...

Updated 26 Feb, 2025 02:59pm

Solar net metering consumers: Discovering Rs9.8bn loss, FTO orders 18pc GST levy

ISLAMABAD: The Federal Tax Ombudsman (FTO) discovering huge revenue loss of Rs9.8 billion, passed the order for...

Updated 25 Feb, 2025 08:11pm

Business & Finance

Windfall tax: FBR recovers Rs 23bn from 16 banks

ISLAMABAD: The Federal Board of Revenue (FBR) has recovered Rs 23 billion from 16 banks on account of windfall tax...

Published 24 Feb, 2025 06:23am

Business & Finance

ADR amendments: Banks deposited Rs72bn by Dec 31st: FBR chief

ISLAMABAD: Federal Board Revenue (FBR) Chairman Rashid Mahmood Langrial Wednesday said banks have deposited Rs72...

Published 20 Feb, 2025 06:44am

Credits against tax WH: FBR issuing notices to salaried individuals: KTBA

KARACHI: The Federal Board of Revenue (FBR) has reportedly started issuing notices to salaried individuals, alleging...

Updated 14 Feb, 2025 09:30am

Pakistan

Teachers protest against tax deductions on salaries

ISLAMABAD: Joint Action Committee (JAC), a body of all the employees of Federal Directorate of Education (FDE), has...

Published 05 Feb, 2025 08:15am

SRB will be sole authority for collection, enforcement

KARACHI: Sindh Revenue Board (SRB) has been designated as the authority responsible for the collection and...

Updated 04 Feb, 2025 09:30am

Pakistan

Taxation measure: reluctant Sindh approves Agricultural Income Tax Bill 2025

Livestock sector, however, remains excluded from agri income tax

Updated 03 Feb, 2025 11:14pm

Salaried individuals: FBR issues ‘frivolous’ tax recovery notices

ISLAMABAD: The Federal Board of Revenue’s field formations have issued frivolous tax recovery notices to the...

Updated 30 Jan, 2025 06:06pm

Agriculture income: LHC disposes of plea challenging assessment

LAHORE: The Lahore High Court disposed of a petition filed by Mian Ilyas Meraj challenging the assessment of...

Updated 30 Jan, 2025 08:45am

Markets

Subsidy paid to Cotton Export Corporation liable to income tax

LAHORE: An appellate forum has held that a subsidy paid by the federal government to the Cotton Export Corporation ...

Published 18 Jan, 2025 05:45am

Editorials

Action against tax defaulters

EDITORIAL: Federal Board of Revenue (FBR) has decided to take strict action against tax defaulters and short-filers...

Updated 18 Jan, 2025 06:31am

FBR tax collection: Contribution of LTO Karachi highest

ISLAMABAD: The contribution of Large Taxpayer Office (LTO) Karachi in overall tax collection (income tax, sales tax,...

Updated 09 Jan, 2025 03:09pm

Corporate sector contributes Rs3,061bn as income tax

ISLAMABAD: The corporate sector contributed Rs 3,061 billion as income tax during 2023-24, according to a new...

Updated 09 Jan, 2025 02:10pm

Pakistan

‘Ineligible persons’: stock brokers urge Aurangzeb for consultation on Tax Law (Amendment) Act

KARACHI: Pakistan Stock Brokers Association (PSBA) has urged Finance Minister Muhammad Aurangzeb to consult...

Updated 07 Jan, 2025 10:12pm

FBR voices concern over disparities in tax compliance

ISLAMABAD: The Federal Board of Revenue (FBR) has expressed serious concern over significant disparities in tax...

Updated 06 Jan, 2025 09:30am

Business & Finance

Tax experts question new eligibility criteria for property transactions

LAHORE: The tax experts have questioned the new eligibility criteria introduced by the government for individuals ...

Published 05 Jan, 2025 02:45am

Business & Finance

Tax dept suggests CAA to opt for ADR path to claim tax exemption

LAHORE: The Income Tax department has proved that the Civil Aviation Authority (CAA), a state-owned enterprise ...

Published 03 Jan, 2025 07:20am

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%)
EMCO Industries / Apr 28 Emco Industries Limited(EMCO)	38.36 ▲ 3.49 (10.01%)
Sunrays Textile / Apr 28 Sunrays Textile Mills Limited(SUTM)	172.02 ▲ 15.64 (10%)
S.S.Oil / Apr 28 S.S.Oil Mills Limited(SSOM)	392.76 ▲ 35.71 (10%)
Shakarganj / Apr 28 Shakarganj Limited(SML)	43.58 ▲ 3.96 (9.99%)
PIA Holding Co.B / Apr 28 PIA Holding Company Limited B(PIAHCLB)	3,608.54 ▲ 326.25 (9.94%)
Popular Islamic / Apr 28 Popular Islamic Modaraba(PIM)	13.89 ▲ 1.25 (9.89%)
Supernet Ltd. / Apr 28 Supernet Limited (GEM)(GEMSPNL)	23.79 ▲ 1.96 (8.98%)
MCB Invest. Managmt. / Apr 28 MCB Investment Management Limited(MCBIM)	92.81 ▲ 7.54 (8.84%)

Stock	Price
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	358.88 ▼ -1392.57 (-79.51%)
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	7 ▼ -1 (-12.5%)
Dewan Textile / Apr 28 Dewan Textile Mills Limited(DWTM)	6.51 ▼ -0.79 (-10.82%)
Pak Gen.Ins. / Apr 28 The Pakistan General Insurance Co. Ltd.(PKGI)	8.74 ▼ -0.99 (-10.17%)
Matco Foods Ltd / Apr 28 Matco Foods Limited(MFL)	39.84 ▼ -4.43 (-10.01%)
Bunnys Limited / Apr 28 Bunnys Limited(BNL)	30.75 ▼ -3.42 (-10.01%)
Cyan Limited / Apr 28 Cyan Limited(CYAN)	36.20 ▼ -4.02 (-10%)
Atlas Battery / Apr 28 Atlas Battery Limited(ATBA)	292.11 ▼ -32.46 (-10%)
Dawood Lawrencepur / Apr 28 Dawood Lawrencepur Limited(DLL)	216.10 ▼ -24 (-10%)
At-Tahur Ltd. / Apr 28 At-Tahur Limited(PREMA)	78.07 ▼ -8.67 (-10%)

Stock	Volume
B.O.Punjab / Apr 28 The Bank of Punjab(BOP)	23,705,546 ▼ -0.41
Power Cement / Apr 28 Power Cement Limited(POWER)	21,585,733 ▼ -0.99
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	18,309,847 ▼ -0.03
Pak Elektron / Apr 28 Pak Elektron Limited(PAEL)	18,055,841 ▼ -2.41
Maple Leaf Cement / Apr 28 Maple Leaf Cement Factory Limited(MLCF)	14,648,408 ▼ -0.99
Sui North Gas / Apr 28 Sui Northern Gas Pipelines Limited(SNGP)	13,187,141 ▼ -4.28
Ghani Chemworld / Apr 28 Ghani Chemworld Limited(GCWL)	12,616,978 ▼ -1
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	12,357,232 ▼ -0.28
Sui South Gas / Apr 28 Sui Southern Gas Company Limited(SSGC)	11,366,687 ▼ -2.77
Lucky Cement / Apr 28 Lucky Cement Limited(LUCK)	9,953,480 ▼ -1392.57

Markets →

Budget 2024-25: income tax calculator for FY25

income tax

Most Popular