Trends - PALSP - Business Recorder

PALSP

PALSP says high energy tariffs brought steel sector to its knees

ISLAMABAD: Pakistan’s steel industry, the backbone of the country’s economy, is teetering on the edge of ...

Published 11 Dec, 2024 08:01am

Business & Finance

PALSP says steel industry in midst of ‘unprecedented’ crisis

ISLAMABAD: Pakistan’s steel industry, a critical pillar of the country’s economy, is in the midst of an...

Published 22 Nov, 2024 03:03am

Business & Finance

PALSP elects office-bearers for FY2024-26

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has elected Javaid Iqbal Malik as the new Chairman...

Published 01 Oct, 2024 06:49am

Business & Finance

Exemption of local scrap from sales tax: Delay in implementation causing over Rs 5bn revenue loss per month

ISLAMABAD: The delay in implementation of a key budgetary measure (2024-25) to exempt local scrap from sales tax has...

Published 25 Sep, 2024 06:48am

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

Fata and Pata: PALSP says tax exemptions will ‘destroy economy’

ISLAMABAD: Steel & Edible Oil & Ghee industries are deeply concerned over reports of govt’s intention to...

Published 24 Jun, 2024 07:00am

Business & Finance

PALSP greets govt steps to revive steel industry

ISLAMABAD: The measures taken by the government in budget 2024-25 especially gradual reduction in tax exemptions...

Published 16 Jun, 2024 02:40am

Business & Finance

Levying turnover tax: steel industry demands a non-discriminatory approach

ISLAMABAD: Tax experts and representatives of steel industry have stressed for an end to discrimination in the levy...

Published 22 May, 2024 05:54am

Business & Finance

Levy of turnover tax: PALSP urges govt to end discrimination

ISLAMABAD: Pakistan Association of Large Steel Producers has approached the Finance Minister, Muhammad Aurangzeb, ...

Published 04 May, 2024 05:48am

Business & Finance

PALSP urges govt to stop steel smuggling during Eid holidays

ISLAMABAD: The Steel industry appeals the govt to take pre-emptive measures to block smuggling of steel from Iran...

Updated 01 Apr, 2024 08:46am

Business & Finance

PALSP spells out reasons behind steel industry’s woes

ISLAMABAD: Pakistan Association of Large Steel Producers has raised alarms over the resumption of large-scale...

Published 22 Mar, 2024 04:57am

Sales tax assessment: FBR to fix minimum values of steel products on quarterly basis

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to fix minimum values of steel products on quarterly...

Updated 21 Mar, 2024 08:41am

Large steel sector’s value chain: EDB to furnish report on energy costs in coordination with ministries

ISLAMABAD: The country’s steel industry has backed out from its demand of creation of “distinct category” regarding...

Updated 28 Feb, 2024 08:56am

Steel industry: PM orders FBR to resolve issues on priority basis

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed concerned authorities and the Federal Board of...

Updated 16 Feb, 2024 09:20am

Business & Finance

‘No request made for help for re-profiling or restructuring of industrial loans’: PALSP

ISLAMABAD This refers to erroneous reporting, perhaps due to an error in the minutes of the meeting floated by the...

Published 16 Feb, 2024 06:02am

Rescheduling loans: PALSP told to talk with SBP, Finance Division

ISLAMABAD: An Inter-Ministerial Meeting has asked Pakistan Association of Large Steel Producers (PALSP) to take up...

Updated 15 Feb, 2024 08:43am

Markets

Industrial consumers: PALSP urges govt to implement 9 cents/kWh power tariff

ISLAMABAD: Pakistan Association of Large Steel Producers welcome the caretaker government’s initiative in...

Published 26 Jan, 2024 04:58am

Business & Finance

PALSP urges PM to help release incremental subsidy

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) strongly protests over the stark disparity ...

Published 12 Jan, 2024 03:06am

Business & Finance

Minister urged to extend Winter Incentive Package to all industrial consumers

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has requested minister for Power to extend Winter...

Published 04 Nov, 2023 06:00am

Business & Finance

PALSP urges SBP to lower interest rates

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) is urgently calling upon the State Bank of Pakistan...

Published 26 Oct, 2023 06:08am

Markets

Energy tariff hike triggers significant steel price surge: PALSP

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) issues a grave warning to the nation as the...

Published 26 Sep, 2023 06:33am

Business & Finance

Agha Steel says it intends to export iron ore from KPK mines

Has also entered into contract for acquisition of 50 cubic meter blast furnace for backward integration with its existing arc furnace

Published 14 Sep, 2023 02:39pm

Pakistan

Steel sector: FBR Member assures action over smuggling from Iran, Afghanistan

ISLAMABAD: The Federal Board of Revenue (FBR) Member Customs (Operations), Zeba Hai Azhar, has assured the ...

Published 13 Sep, 2023 06:17am

Business & Finance

Energy/electricity sector issues: PALSP delegation briefs minister

ISLAMABAD: A delegation of Pakistan Association of Large Steel Producers (PALSP) met with caretaker Federal Minister...

Published 13 Sep, 2023 06:17am

Business & Finance

Exporters of copper ingots facing problems

ISLAMABAD: The exporters of copper ingots to China are facing problems due to indecision on the part of FBR in...

Published 08 Sep, 2023 06:01am

Incremental Units Consumption Subsidy: PALSP concerned at ‘discrimination’

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has raised a poignant concern over the blatant...

Updated 28 Aug, 2023 09:46am

B4 industrial consumers: PALSP urges Nepra to facilitate renewable energy integration into grid

ISLAMABAD: Pakistan Association of Large Steel Producers has asked NEPRA to facilitate renewable energy integration...

Updated 22 Aug, 2023 08:42am

Business & Finance

Documented steel sector assails hike in power tariff

ISLAMABAD: The documented steel sector has announced that the drastic increase in power tariff by 25 percent coupled...

Published 24 Jul, 2023 06:11am

Business & Finance

PALSP criticises ‘dual tax system’

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has raised strong concerns over ‘unfair and...

Published 06 Jul, 2023 05:42am

Business & Finance

PALSP voices concerns over misuse of tax exemptions in NMDs

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has raised serious concerns regarding the ...

Published 25 May, 2023 06:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	157.92
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 27	5,970.84
Nasdaq / Dec 27	19,238.48
Dow Jones / Dec 27	42,992.21
India Sensex / Dec 30	78,209.98
Tokyo Nikkei / Dec 30	39,894.54
Hang Seng / Dec 30	20,041.42
FTSE 100 / Dec 30	8,116.01
Germany DAX 30 / Dec 30	19,935.78

Item	Value
Gold 10 Grams PKR / Dec 27	234,225
Karachi Cotton PKR/37.32 KG / Dec 28	17,785
Petrol/Litre / Dec 30	252.10
Crude Oil USD/Barrel / Dec 30	70.32
Gold Spot USD/Ounce / Dec 30	2,612.39
Diesel/Litre / Dec 30	255.38

Gainers
Losers
Leaders

Stock	Price
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	7.52 ▲ 1.00 (15.34%)
Sec. Inv. Bank / Dec 30 Security Investment Bank Limited(SIBL)	8.99 ▲ 1.00 (12.52%)
Abdullah Shah / Dec 30 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.20 ▲ 0.79 (12.32%)
Dost Steels Ltd. / Dec 30 Dost Steels Limited(DSL)	6.70 ▲ 0.72 (12.04%)
Telecard Limited / Dec 30 Telecard Limited(TELE)	9.63 ▲ 1.00 (11.59%)
Media Times Ltd / Dec 30 Media Times Limited(MDTL)	2.40 ▲ 0.24 (11.11%)
I.C.C. Ind. / Dec 30 ICC Industries Limited(ICCI)	10.03 ▲ 1.00 (11.07%)
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	10.48 ▲ 1.00 (10.55%)
Idrees Tex. / Dec 30 Idrees Textile Mills Limited(IDRT)	14.27 ▲ 1.30 (10.02%)

Stock	Price
National Silk / Dec 30 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)
Olympia Mills / Dec 30 Olympia Mills Limited(OML)	36 ▼ -3.99 (-9.98%)
Maqbool Tex. / Dec 30 Maqbool Textile Mills Limited(MQTM)	28.50 ▼ -2.56 (-8.24%)
Shahzad Tex. / Dec 30 Shahzad Textile Mills Limited(SZTM)	27.50 ▼ -2.37 (-7.93%)
Al-Khair Gadoon / Dec 30 Al-Khair Gadoon Limited(AKGL)	38.50 ▼ -3.21 (-7.70%)
Dewan Textile / Dec 30 Dewan Textile Mills Limited(DWTM)	6.90 ▼ -0.56 (-7.51%)
Engro Poly(Pref / Dec 30 Engro Poly(Pref)(EPCLPS)	11.10 ▼ -0.90 (-7.50%)
Habib Sugar / Dec 30 Habib Sugar Mills Limited(HABSM)	79 ▼ -5.26 (-6.24%)
First Tri-Star Mod. / Dec 30 First Tri-Star Modaraba(FTSM)	14.35 ▼ -0.90 (-5.90%)

Stock	Volume
Cnergyico PK / Dec 30 Cnergyico PK Limited(CNERGY)	125,453,825 ▲ 1.00
Fauji Foods Ltd / Dec 30 Fauji Foods Limited(FFL)	104,428,605 ▲ 0.32
WorldCall Telecom / Dec 30 Worldcall Telecom Limited(WTL)	96,647,456 ▲ 0.13
B.O.Punjab / Dec 30 The Bank of Punjab(BOP)	84,168,029 ▲ 1.00
Silk Bank Ltd / Dec 30 Silkbank Limited(SILK)	48,777,302 ▲ 0.08
K-Electric Ltd. / Dec 30 K-Electric Limited(KEL)	45,290,268 ▲ 0.19
TRG Pak Ltd / Dec 30 TRG Pakistan Limited(TRG)	40,065,544 ▼ -3.15
Pak Elektron / Dec 30 Pak Elektron Limited(PAEL)	36,275,641 ▲ 4.05
Hascol Petrol / Dec 30 Hascol Petroleum Limited(HASCOL)	34,627,314 ▼ -0.09

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Budget 2024-25: income tax calculator for FY25

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