Trends - Rashid Mahmood Langrial

Rashid Mahmood Langrial

Tax rates can be reduced if revenue generated effectively: FBR chief

LAHORE: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial has agreed with Lahore Chamber of Commerce...

Updated 18 Dec, 2024 09:22am

Business & Finance

SUVs/EVs: FBR chairman briefs Senate body on chargeability of FED

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial on Wednesday informed that Ministry of ...

Published 12 Dec, 2024 07:23am

APTMA urges FBR to revisit new customs system

ISLAMABAD: All Pakistan Textile Mills Association (Aptma) has urged the Federal Board of Revenue (FBR) to review new...

Updated 12 Dec, 2024 09:07am

Prosecution of non-filers: Tax expert supports upcoming tax law

ISLAMABAD: Leading tax experts and chartered accountants have strongly supported the upcoming Tax Laws (First)...

Updated 25 Nov, 2024 02:45pm

Editorials

An initial audit by IMF?

EDITORIAL: Confirmed reports suggest that the visiting International Monetary Fund (IMF) mission met Finance...

Updated 14 Nov, 2024 07:08am

FBR’s ‘speed money scheme’ exposed by Langrial

KARACHI: Rashid Mahmood Langrial, Chairman Federal Board of Revenue (FBR) revealed widespread corruption within FBR...

Updated 17 Oct, 2024 09:13am

Pakistan

Pakistan, Iran to form sub-committee to resolve customs-related issues

ISLAMABAD: Pakistan and Iran Tuesday agreed to form a sub-committee to resolve customs duty related issues between...

Published 25 Sep, 2024 06:48am

ED directs FBR chief to take action against corrupt practices

ISLAMABAD: Establishment Division has directed the Chairman Federal Board of Revenue (FBR) to take action against...

Updated 16 Sep, 2024 03:24pm

Opinion

Challenges before FBR’s new chairman

FBR (Federal Board of Revenue) has failed to meet original tax targets for the last six fiscal years, three of the...

Published 06 Sep, 2024 07:23am

Choice posting: FBR chairman takes action against officer

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood has taken disciplinary action against a BS-18...

Updated 27 Aug, 2024 08:55am

FBR finalises August collection strategy

ISLAMABAD: The Federal Board of Revenue (FBR) Sunday finalised a strategy to meet the assigned revenue collection...

Updated 26 Aug, 2024 08:57am

Business & Finance

Langrial says retrieved data cleansing a must to identify potential taxpayers

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial Wednesday said that cleansing of ...

Updated 22 Aug, 2024 07:46am

Business & Finance

Rashid Mahmood made new FBR chief

ISLAMABAD: The federal government has appointed Secretary Power Division, Rashid Mahmood as new Chairman Federal...

Published 08 Aug, 2024 06:22am

Business & Finance

Rashid Mahmood Langrial appointed as new FBR chairman

He is presently posted as Secretary Power Division

Updated 07 Aug, 2024 10:00pm

Pakistan

Body formed to help cut govt expenditure: notification

LAHORE: The federal government has constituted a seven-member committee which will prepare a plan for reducing...

Published 17 Mar, 2024 02:49am

Pakistan

Discos recover Rs32bn under anti-power theft drive

ISLAMABAD: Power Distribution Companies (Discos) have recovered Rs 32 billion through anti-power theft drive as of...

Published 31 Oct, 2023 05:26am

Austerity measures: GEPCO cuts board members’ per meeting fee by 42pc

ISLAMABAD: The Board of Directors (BoD) of Gujranwala Electric Power Company (GEPCO) has slashed the fee of board...

Updated 24 Sep, 2023 09:16am

Markets

‘Mafias within Discos’ feeling the heat, says Power Division secretary

Statement comes as government crackdown against power theft enters 12th day

Updated 19 Sep, 2023 06:59pm

PKR slide has doubled capacity payments: PD

Power Secretary Rashid Mahmood Langrial explains that foreign-funded dollar-denominated IPPs have contributed the most

Updated 19 Sep, 2023 10:56am

Award of ‘dubious’ contract to German firm: Senate panel accuses World Bank official and power secretary of ‘conniving’ with NTDC

ISLAMABAD: The Senate Standing Committee on Power on Thursday accused Country Director World Bank, Najy Benhassine,...

Updated 15 Sep, 2023 09:50am

Electricity issues: KCCI urges PD secy to ensure implementation of agreed points

ISLAMABAD: The Karachi Chamber of Commerce and Industry (KCCI) has urged Secretary Power Division to honour his...

Updated 10 Sep, 2023 09:43am

Change of power purchaser: PPIB forms tech body to ascertain pros, cons

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has constituted a seven-member special technical...

Updated 04 Sep, 2023 08:48am

Renewable energy: MoU signed with UAE

ISLAMABAD: A memorandum of understanding (MoU) was signed between Pakistan and the United Arab Emirates (UAE) in the...

Updated 07 Jul, 2023 09:04am

Power distribution grids: GIZ sending team to conduct digitalization, decarbonisation

ISLAMABAD: German firm, Deutsche Gesellschaftfür Internationale Zusammenarbeit (GIZ) GmbH is dispatching a mission...

Updated 16 Jun, 2023 09:02am

Markets

Dhabeji SEZ to get 250MW of power by June next year, NA panel told

ISLAMABAD: Dhabeji Special Economic Zone (DSEZ) will be supplied 250 MW of power by June 2024 with a delay of five...

Published 30 Mar, 2023 06:35am

Delay due to govt entities: PPIB to exempt big hydropower projects from fees, charges

ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has decided to exempt 500 or above MW hydropower...

Updated 22 Jan, 2023 10:16am

Power Division accuses IPPs of ‘over invoicing’

ISLAMABAD: Power Division on Friday accused Independent Power Producers (IPPs) of involvement in substantial over...

Updated 20 Aug, 2022 09:49am

Thar coal power project: PPIB approves extension of financial closing date

ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has approved extensions in Financial Closing (FC)...

Updated 09 Jul, 2022 09:38am

Markets

Body formed to evaluate GDMP of EPQL

ISLAMABAD: The Private Power & Infrastructure Board (PPIB) has constituted a three-member committee to evaluate...

Published 06 Jul, 2022 05:35am

Pakistan

LG elections in Sindh, PK-7 Swat: ECP demands uninterrupted power supply on 26th

ISLAMABAD: Election Commission of Pakistan (ECP) has approached the Federal Ministry of Energy for uninterrupted...

Published 25 Jun, 2022 04:42am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.90 ▲ 0.79 (11.11%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.75 ▲ 0.66 (10.84%)
Cresent Jute / Dec 18 Crescent Jute Products Limited(CJPL)	5.24 ▲ 0.48 (10.08%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)

Stock	Price
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
Chakwal Spinning / Dec 18 Chakwal Spinning Mills Limited(CWSM)	48.35 ▼ -5.37 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.12 ▼ -3.23 (-9.98%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	332.06 ▼ -36.16 (-9.82%)
Hafiz Ltd. / Dec 18 Hafiz Limited(HAFL)	199 ▼ -20.05 (-9.15%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	51 ▼ -4.95 (-8.85%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.60 ▼ -2.53 (-8.69%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.07
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.89
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.14
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.16
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.55
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.04
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.14
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -0.44
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.01

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Budget 2024-25: income tax calculator for FY25

Rashid Mahmood Langrial

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