Trends - Nonfilers - Business Recorder

Nonfilers

Too far gone!

The stability of the Pakistani economy—and ultimately its frequent collapses—hinges greatly on how subsequent...

Published 13 Jun, 2024 08:12am

Business & Finance

NOTES ON CLAUSES

CUSTOMS ACT, 1969 (IV OF 1969) Clause 3 (1) (a) Seeks to add new clause in ...

Published 13 Jun, 2024 06:43am

Finance Bill 2024: New ‘late filers’ category introduced

Category created to attract higher rate of tax for late filing of income tax return

Updated 13 Jun, 2024 03:48pm

Prepaid internet, phone cards: Govt increases income tax rate for non-filers

ISLAMABAD: The government has increased the income tax rate for non-filers purchasing prepaid internet and phone...

Updated 13 Jun, 2024 09:34am

Business & Finance

Fear comes alive: all salaried persons earning over Rs50k a month to bear higher taxation in FY25

Govt maintains number of tax slabs at 6 and exemption till Rs50,000, but increases tax liability for all other salary earners

Updated 12 Jun, 2024 10:15pm

Major changes in tax laws expected through Finance Bill 2024

Enforcement measures of Rs 300-400 billion expected in 2024-25

Updated 27 May, 2024 01:32pm

Pakistan

Non-filers: Govt decision to block SIMs still in effect: IHC

ISLAMABAD: The Islamabad High Court (IHC) stated on Wednesday that the decision of the federal government pertaining...

Updated 23 May, 2024 09:18am

Not stopped from blocking SIM cards: FBR only barred from taking coercive steps against telcos: IHC

ISLAMABAD: The Islamabad High Court (IHC) clarified it had not stopped the Federal Board of Revenue (FBR) from...

Updated 18 May, 2024 04:59pm

Immovable properties: Hike in advance tax on purchase likely

Taxation on real estate discussed during ongoing meetings between FBR and IMF

Updated 17 May, 2024 11:39am

Non-filers: FBR proposes WHT raise on cash withdrawal from banks

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to raise withholding tax on cash withdrawal from the...

Updated 16 May, 2024 11:50am

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

Business & Finance

FBR starts process of blocking mobile SIMs of non-filers

First batch comprising 5,000 non-filers has been communicated to telecom operators for disabling their mobile phone SIMs, board says

Updated 11 May, 2024 12:29am

Technology

Blocking mobile SIMs: explore alternative strategies to enhance tax collection, GSMA urges FBR

GSMA says move could potentially disrupt vital services, especially during disasters and climate-related events

Updated 09 May, 2024 10:29pm

Business & Finance

SIMs of non-filers: Cellular cos/telecom operators apprise ministry about their concerns

ISLAMABAD: The cellular companies/telecom operators have collectively raised their concerns with the Ministry of IT...

Published 07 May, 2024 06:05am

Blocking SIMs of non-filers: FBR decides to summon telcos’ operators

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to call all telecom operators at the FBR Headquarters to...

Updated 06 May, 2024 09:18am

Business & Finance

Blocking SIMs of over 0.5m non-filers: PTA yet to decide on FBR decision

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) is yet to decide on the Federal Board of Revenue’s (FBR’s)...

Published 03 May, 2024 06:29am

FBR issues ‘final’ notices to non-filers

Senior FBR official says blockage of mobile phones will be done positively this month, but 'not necessarily on January 15, 2024'

Updated 11 Jan, 2024 10:52am

Editorials

Broadening tax net: will FBR win big?

EDITORIAL: For years, FBR (Federal Board of Revenue) has tried and failed to expand the tax base, leading to an...

Updated 05 Jan, 2024 12:02pm

FBR set to block mobile phones of non-filers

Tax body will issue Income Tax General order by January 15

Updated 03 Jan, 2024 03:26pm

Non-filers: FBR to initiate punitive actions next month: chairman

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana Saturday said the blocking of mobile phone...

Updated 31 Dec, 2023 09:50am

Editorials

FBR’s hunt for non-filers

EDITORIAL: It seems FBR (Federal Board of Revenue) is throwing the kitchen sink at non-filers in its latest,...

Published 30 Dec, 2023 06:28am

Income tax returns: FBR warns non-filers of account freeze

Starts a countrywide survey of business and commercial units for registration of non-filers

Updated 25 Dec, 2023 05:56pm

Non-filers of tax returns: FBR to identify bureaucrats, bankers, others

FBR apprehends that many senior government officials in different ministries and departments including police etc are non-filers of income tax returns

Updated 12 Dec, 2023 10:13am

Non-filers: DTOs authorised to disconnect utility connections

ISLAMABAD: The government on Friday established 145 District Tax Offices (DTOs) across the country for bringing 1.5...

Updated 18 Nov, 2023 08:48pm

Business & Finance

IMF loan termed a short-term solution to help country avert default

KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian...

Published 18 Nov, 2023 06:03am

Non-filers, documentation of economy: FBR shares strategy with Shamshad

ISLAMABAD: The caretaker Finance Minister Dr Shamshad Akhtar has directed the Federal Board of Revenue (FBR) to...

Updated 03 Nov, 2023 08:59am

The mystery of cash in circulation decline

BR Research

Through Income Tax Circular 2 of 2023, FBR has explained important amendments made in the Income Tax Ordinance, 2001 (the Ordinance) through Finance Act 2023

Updated 30 Jul, 2023 09:49am

RRMC recommendation: Section 7E of IT Ord should be equally applicable to non-filers

ISLAMABAD: The Reforms and Resource Mobilization Commission Saturday recommended the government to bring clarity in...

Updated 01 May, 2023 08:59am

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

Markets →

Budget 2024-25: income tax calculator for FY25

Nonfilers

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