Trends - property tax - Business Recorder

property tax

SBA opposes increase in property tax

PESHAWAR: A meeting of the Sarhad Business Alliance (SBA) was held under the join chairmanship of Haji Ghulam Ali...

Published 25 Nov, 2024 06:36am

Editorials

Raising property valuations

EDITORIAL: In a significant move, the FBR has substantively increased valuations of immovable properties by up to 75...

Published 31 Oct, 2024 06:55am

56 cities: Values of immovable properties revised upward by FBR

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday substantially raised values of immovable properties up to 75...

Updated 30 Oct, 2024 03:45pm

Govt may collect Rs300bn from agri tax

FBR asks provinces to adopt federal schedule of income tax for collection of agricultural income tax

Updated 14 Oct, 2024 03:17pm

Immovable property: DHA challenges imposition of FED

ISLAMABAD: Islamabad High Court (IHC) has issued notices to the Federal Board of Revenue (FBR) and Attorney General...

Updated 30 Sep, 2024 09:28am

FED on allotment or transfer of commercial properties challenged

ISLAMABAD: The federal excise duty (FED), recently levied through the Finance Act, 2024, on transfer of plots and...

Updated 28 Sep, 2024 09:21am

Property taxpayers urged to avail 5pc rebate offer

MULTAN: The Excise and Taxation Department urged property taxpayers to benefit from the Punjab government’s five...

Updated 23 Sep, 2024 03:24pm

Pakistan

Petition against property tax revision: IHC issues notices to ECP and MCI

ISLAMABAD: The Islamabad High Court (IHC), Tuesday, issued notices to the Metropolitan Corporation of Islamabad...

Published 15 May, 2024 05:47am

Pakistan

KP govt launches GIS-based CUIPTMIS

PESHAWAR: The Khyber Pakhtunkhwa government has successfully launched GIS-based Centralized Urban Immovable Property...

Published 19 Feb, 2024 05:24am

Property registration in Punjab: Mega WHT evasion scam unearthed

Tax office of Federal Board of Revenue conducts an electronic audit of property registrars in Punjab

Updated 18 Dec, 2023 11:51am

Opinion

Improving tax compliance

The caretaker government has set up a tax reforms taskforce to come up with recommendations to close the ‘tax...

Published 03 Oct, 2023 06:02am

Pakistan

Punjab cabinet decides to fill post of president PPCBL

LAHORE: The Punjab caretaker cabinet, which met with Chief Minister Punjab Mohsin Naqvi in the chair, decided to ...

Published 26 Aug, 2023 06:13am

Business & Finance

FY24-FY26: Punjab plans to boost property tax collection thru mobilisation strategy

LAHORE: The Punjab government was planning to reform the property tax system to make it more transparent, ...

Published 15 Jul, 2023 06:08am

Business & Finance

Punjab E&T dept sets Rs4.93bn tax collection target

LAHORE: The Punjab Excise & Taxation Department has fixed a tax collection target of Rs4.93 billion this year,...

Published 09 Jun, 2023 06:20am

Business & Finance

Sindh LG Dept to collect property tax across province

KARACHI: Additional Chief Secretary Local Government Sindh, Syed Najam Ahmad Shah has directed the administrators of...

Published 04 May, 2023 04:26am

Levying IT on deemed rental income ‘illegal’: LHC

LAHORE: The Lahore High Court declared levying income tax on ‘deemed rental income’ of properties as illegal....

Updated 07 Apr, 2023 08:49am

Opinion

UK housebuilders may cut dividends as surging rates deter buyers

British housebuilders may cut dividends to preserve cash and ride out a property downturn, as high mortgage rates...

Published 10 Jan, 2023 06:00am

Pakistan

Small traders urge govt to establish‘furniture city’ in Sargodha

LAHORE: The All Pakistan Chambers of Small Traders has urged the Punjab government to set up a furniture city in...

Published 22 Oct, 2022 05:42am

Business & Finance

SIE Peshawar demands abolishment of property tax

PESHAWAR: Small factory owners have urged the government to impose a ban on supply/trade of tons of plastic and...

Published 26 Sep, 2022 08:23am

Business & Finance

30th last date to avail 5pc rebate on payment of property tax

RAWALPINDI: September 30 would be last date to avail 5% rebate on payment of property tax, said Excise and Taxation...

Published 26 Sep, 2022 06:07am

Pakistan

Sindh Excise Dept collects over Rs8,912m in July

KARACHI: Sindh Excise Department has collected over Rs8,912 million in the first month of the current financial ...

Published 12 Aug, 2022 05:44am

PESCO seeks help against imposition of property tax

ISLAMABAD: Peshawar Electric Supply Company (PESCO) has sought help from Power Division against imposition of...

Updated 08 Jun, 2022 10:05am

Business & Finance

Excise dept forms squad to curb property tax evasion

LAHORE: The Punjab Excise department has constituted a special squad to curb the evasion of property tax and improve...

Published 10 Apr, 2022 06:51am

Pakistan

Property tax: Excise dept begins recovery drive against defaulters

LAHORE: The excise department has initiated recovery drive against the defaulters of property tax in the city. ...

Updated 13 Mar, 2022 07:01am

Business & Finance

Property tax to be collected thru LBs: KMC administrator

KARACHI: Administrator Karachi Barrister Murtaza Wahab on Thursday said collection of municipal and property taxes ...

Published 14 Jan, 2022 07:45am

Pakistan

Local Government Act 2021: Property tax will be collected by DMCs: Murtaza

KARACHI: Administrator Karachi and Sindh government spokesman Barrister Murtaza Wahab on Tuesday said that under the...

Published 05 Jan, 2022 05:36am

Business & Finance

China finance minister urges deeper property tax reforms

SHANGHAI: Chinese finance minister Liu Kun has called for deeper reforms to the country's property tax regime in a...

Published 15 Dec, 2021 10:07am

Editorials

New property valuation rates

EDITORIAL: The Federal Board of Revenue (FBR) has deferred the application of the new property valuation rates till...

Published 10 Dec, 2021 04:29am

Business & Finance

E&T collects Rs51.429bn during Jul-Nov

KARACHI: Sindh Excise & Taxation (E&T) department on Wednesday claimed to have collected Rs51.429 billion...

Published 09 Dec, 2021 04:29am

Editorials

Property tax on villages

EDITORIAL: Apparently, the Punjab government is itching to bring property in villages into the ambit of tax. The...

Published 24 Nov, 2021 05:18am

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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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