Trends - LTO - Business Recorder

LTO

Major reshuffle in FBR

ISLAMABAD: In a major reshuffling, the Federal Board of Revenue (FBR) has transferred and posted 18 top Inland...

Published 02 Nov, 2024 06:15am

Hefty penalty imposed on manufacturer: FBR begins scrutinising cement sector

KARACHI: The Federal Board of Revenue (FBR) has started scrutinizing the cement sector after imposing a hefty...

Updated 29 Oct, 2024 09:29am

Minimum tax payment: KE’s fuel cost, subsidy recoveries should be treated as turnover: SHC

ISLAMABAD: Sindh High Court (SHC) Monday ruled that the subsidy and fuel cost recovered by Karachi Electric Supply...

Updated 01 Oct, 2024 08:53am

Business & Finance

FBR chief pays surprise visit to LTO Islamabad

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood paid a surprise visit to Large Taxpayer Office...

Published 27 Sep, 2024 07:23am

Business & Finance

Refund relief given by appellate forums: FTO orders probe against FBR, its wing for violation

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation against the Federal Board of Revenue (FBR),...

Published 08 Sep, 2024 02:42am

Pakistan

Tax refunds to large taxpayer companies: FIA issues another notice to Member IR (Operation)

ISLAMABAD: Federal Investigation Agency (FIA) has issued another notice to Mir Badshah Khan Wazir Member Inland...

Published 05 Aug, 2024 08:24am

Business & Finance

LTO fails to deduct tax on transfer from CWIP to fixed assets

LAHORE: The Lahore Tax Office (LTO) failed to deduct tax on transfer from construction work in progress (CWIP) to...

Published 03 Aug, 2024 06:46am

Business & Finance

Income tax refunds: Company says taxmen never demanded gratification

ISLAMABAD: A company being assessed at Large Taxpayer Office (LTO) Lahore has informed the Federal Investigation...

Published 29 Jul, 2024 06:37am

Pakistan

FIA summons FBR Member Operations

ISLAMABAD: The Federal Investigation Agency has summoned the Federal Board of Revenue (FBR) Member Operations Mir...

Published 27 Jul, 2024 07:16am

Monitoring, recovery of WHT: FBR advised to give field teams access to softwares of banks

ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to provide access of...

Updated 16 Jul, 2024 09:32am

Blocking SIM cards of non-filers: LTO Islamabad to assist FBR

ISLAMABAD: Large Taxpayer Office (LTO) Islamabad would fully assist the Federal Board of Revenue (FBR) to enforce...

Updated 13 May, 2024 09:26am

PM suspends CCIR for ‘deliberate delay in tax cases’

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday suspended Chief Commissioner-Inland Revenue (IR), Large...

Updated 24 Apr, 2024 09:25am

Sales tax evasion of nearly Rs5bn: LTO Karachi registers FIR against corporate entity

ISLAMABAD: The Large Taxpayers Office (LTO), Karachi, for the first time in the history of the Federal Board of...

Updated 26 Mar, 2024 08:50am

Business & Finance

Despite existence of ADTT, LTO orders deduction of tax against offshore co

LAHORE: The Large Tax Office (LTO) has gotten egg on face by deducting tax against an offshore company in presence ...

Published 16 Mar, 2024 06:26am

‘Disallowing TA/DA’: LTO Lahore officials approach LHC

ISLAMABAD: The Inland Revenue Audit Officers/ Assistant Directors (Audit) of Large Taxpayer Office Lahore have...

Updated 13 Mar, 2024 08:51am

Business & Finance

LTO refunds over Rs2bn to IESCO on IHC’s order

ISLAMABAD: Following directions of the Islamabad High Court (IHC), the Large Taxpayer Office (LTO), Islamabad has...

Published 01 Mar, 2024 02:59am

Recovery from Discos thru account attachments: IHC seeks names of LTO officers

ISLAMABAD: The Islamabad High Court (IHC) has taken serious notice of the persistent breach of its orders in the...

Updated 26 Feb, 2024 09:04am

Attachment of Discos’ bank accounts: IHC issues notices to FBR chief, others

ISLAMABAD: Islamabad High Court (IHC) has issued notices to Chairman Federal Board of Revenue (FBR), Member...

Updated 19 Feb, 2024 09:31am

Business & Finance

FBR chief visits LTO Karachi

ISLAMABAD: Chairman FBR Malik Amjed Zubair Tiwana and Member-IR (Operations) Mir Badshah Khan Wazir visited Large...

Published 17 Feb, 2024 05:51am

Business & Finance

LTO willing to return illegally recovered amount to IESO

ISLAMABAD: Due to strict intervention by the Islamabad High Court (IHC), Large Taxpayer Office (LTO) Islamabad is...

Published 29 Jan, 2024 04:37am

Withdrawal of approval of non-NPO status: LHC upholds order of LTO Lahore

ISLAMABAD: Lahore High Court (LHC) has upheld the order of the Large Taxpayer Office (LTO) Lahore to withdraw the...

Updated 26 Jan, 2024 08:45am

Plugging revenue leakages: LTO deploys officers at Sindh sugar mills

KARACHI: The Large Taxpayers Office (LTO) has again deployed its officers at sugar mills in Sindh to monitor...

Updated 24 Jan, 2024 10:00am

Pakistan

Action against LTO officers: IHC summons CCIR, Member Operations FBR for initiating proceedings

ISLAMABAD: Islamabad High Court (IHC) has summoned Member Operations Federal Board of Revenue (FBR) and Chief...

Published 23 Jan, 2024 05:14am

Business & Finance

LTO crosses Rs1trn mark in six months

KARACHI: The Large Taxpayers Office (LTO) has set a new benchmark for tax collection by crossing Rs 1 trillion mark...

Published 04 Jan, 2024 05:41am

Business & Finance

FTO monitoring LTO for timely completion of ongoing audit of MTL

ISLAMABAD: The Federal Tax Ombudsman (FTO) is monitoring the Large Tax Office (LTO), Lahore to ensure the timely...

Published 03 Jan, 2024 05:32am

‘Implementation of ATIR’s orders’: President rejects appeal of LTO Islamabad

ISLAMABAD: President Arif Alvi has rejected the stance of Large Taxpayer Office (LTO) Islamabad and declared that...

Updated 01 Jan, 2024 09:21am

ATIR’s orders: FTO explains what actually constitutes maladministration

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is in...

Updated 22 Dec, 2023 09:03am

Rs940bn target for Dec: FBR chief starts meetings to review progress

KARACHI: The Federal Board of Revenue (FBR) is likely to struggle hitting its revenue target of Rs. 940 billion for...

Updated 13 Dec, 2023 08:50am

Business & Finance

LTO Islamabad refunds Rs2bn to IESCO

ISLAMABAD: Large Taxpayer Office (LTO) Islamabad has refunded an amount of Rs 2 billion to the Islamabad Electric...

Published 04 Dec, 2023 05:35am

Business & Finance

Chief Commissioner LTO vows to help resolve issues facing APTMA

LAHORE: Syed Mahmood Hussain Jafri, Chief Commissioner Large Tax Office (LTO) Lahore, has assured the Aptma members...

Published 26 Oct, 2023 06:08am

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

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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