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PRAL

PRAL restructuring plan endorsed: ECC approves Rs10bn for urea subsidy dues

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Wednesday took several decisions including...

Updated 19 Dec, 2024 03:03pm

Business & Finance

PRAL’s restructuring plan submitted to ECC

ISLAMABAD: The Federal Board of Revenue (FBR) is said to have submitted restructuring plan of PRAL (Pakistan Revenue...

Published 18 Dec, 2024 06:37am

Curial agenda on table as ECC meets tomorrow

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet is scheduled for Thursday (tomorrow), which will...

Updated 18 Dec, 2024 08:55am

Rs1.8m GST cuts on services: FBR and top CA firm at loggerheads

KARACHI: The Federal Board of Revenue (FBR) and a top Chartered Accountants (CA) firm are at loggerheads over Rs.1.8...

Updated 17 Dec, 2024 03:23pm

Amount worked out by FTO is Rs292.549bn: DGI&I IR probe confirms Rs380m GST fraud

ISLAMABAD: The Directorate General of Intelligence and Investigation Inland Revenue has investigated three similar...

Updated 24 Nov, 2024 10:08am

PRAL & FBR staff found involved: A dormant account used for Rs1.625trn fake supplies?

ISLAMABAD: A gang of cybercriminals illegally used the dormant account of a retired armed forces personnel and made...

Updated 07 Nov, 2024 03:27pm

Business & Finance

Revenue collection: PM orders use of modern tech by FBR

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday chaired a high-level meeting to ignite reforms in Federal Board...

Published 25 Oct, 2024 06:28am

Power tools: New customs values fixed

ISLAMABAD: The Directorate General of Customs Valuation Karachi has fixed new customs values on the import of 31...

Updated 13 Oct, 2024 11:32am

Gang exploits dormant taxpayer identities to commit Rs81bn fraud

KARACHI: A cybercrime gang, allegedly facilitated by current and former PRAL and FBR officials, has exploited...

Updated 08 Oct, 2024 02:38pm

Business & Finance

Gangs of cyber criminals: DII (Inland Revenue) directed to start probe

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed Directorate General Intelligence and Investigation (Inland...

Published 04 Oct, 2024 06:46am

Business & Finance

FPCCI President highlights difficulties in filing income tax returns

KARACHI: Atif Ikram Sheikh, President FPCCI, has highlighted the technical difficulties and delays in filing income...

Published 28 Sep, 2024 07:16am

Extension in filing of income tax returns predicted

ISLAMABAD: Tax experts have strongly predicted extension in filing of income tax returns beyond the September 30th...

Updated 27 Sep, 2024 08:43am

CCoSOEs endorses new PRAL board composition

ISLAMABAD: The Cabinet Committee on State-Owned Enterprises (CCoSOEs) approved the reconstitution of the Pakistan...

Updated 22 Sep, 2024 09:57am

Business & Finance

Cabinet Committee approves PRAL’s board reconstitution

Proposal submitted by the Revenue Division

Updated 21 Sep, 2024 10:58pm

Business & Finance

FBR digitalization: PM sets up 10-member task force

KARACHI: In a move to modernize the country’s tax system, Prime Minister Shahbaz Sharif has formed a task force...

Published 04 Sep, 2024 07:50am

Business & Finance

FBR digitisation: Aurangzeb calls for utilisation of PRAL, REMIT data

Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb has called for using data from PRAL (Pakistan...

Published 03 Jun, 2024 03:23pm

Business & Finance

FBR names officials for better FBR/PRAL liaison

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 25 focal persons in the field formations for...

Published 19 Apr, 2024 05:07am

Pakistan

Customs dept fails to prove vehicle as smuggled item

LAHORE: The customs department has failed to prove smuggling of a vehicle into Pakistan despite claiming that the...

Published 14 Mar, 2024 03:00am

Business & Finance

FTO directs FBR to take errant taxmen to task for data breach

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take disciplinary and...

Published 30 Jan, 2024 04:52am

Business & Finance

FTO directs FBR to streamline IT process

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to ...

Published 25 Nov, 2023 05:19am

FBR-Nadra body tasked to broaden tax base

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday constituted a high-level technical committee of National...

Updated 24 Nov, 2023 09:18am

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

Business & Finance

FBR starts PRAL restructuring without approval of BoDs

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted sub-groups for restructuring and revitalisation of...

Published 31 Oct, 2023 05:26am

Business & Finance

Restructuring of PRAL under way

ISLAMABAD: The Federal Board of Revenue (FBR) has started a major reform of “digital tax transformation” in the FBR...

Updated 30 Oct, 2023 09:48am

FBR, Nadra agree to exchange taxpayers’ data

ISLAMABAD: The Federal Board of Revenue (FBR) and the National Database and Registration Authority (Nadra) have...

Updated 20 Oct, 2023 09:02am

Business & Finance

Access to SRB’s portal marred by unexpected maintenance delay

KARACHI: Taxpayers in Karachi are unable to pay provincial sales tax as the tax filing portal of Sindh Revenue Board...

Published 17 Aug, 2023 03:49am

ST, FED return form: FTO directs FBR to rectify errors

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to rectify errors in the...

Updated 12 Aug, 2023 09:10am

Valuation of immovable properties: FBR suspends proposed increase till next month

ISLAMABAD: In a major development, the Federal Board of Revenue (FBR) has temporarily suspended a major increase...

Updated 06 Aug, 2023 11:13am

Business & Finance

FBR launches ‘IRIS 2.0’

ISLAMABAD: Asim Ahmad, Chairman Federal Board of Revenue (FBR)/Secretary Revenue Division launched IRIS 2.0, an...

Published 28 Jul, 2023 03:02am

Jan, Feb 2023: FBR pays Rs45bn to exporters despite slow FASTER system

ISLAMABAD: The Federal Board of Revenue (FBR) has never stopped payment of sales tax refunds under the FASTER system...

Updated 21 Mar, 2023 08:55am

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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