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Revenue Division

Tax relief on humanitarian donations, gifts: Revenue Division directed to process law amendments

ISLAMABAD: The Federal Cabinet has directed the Revenue Division to process amendments to law/rules to ensure...

Updated 30 May, 2024 09:28am

Caretakers to do only groundwork

ISLAMABAD: The caretaker government has decided that in view of its constitutional and legal mandate, it would only...

Updated 04 Feb, 2024 09:52am

Appointment of Benami adjudicating authority members: Cabinet grills Revenue Div for ignoring PMO’s suggestions

ISLAMABAD: Revenue Division has reportedly been grilled by the caretaker federal cabinet for not honouring...

Updated 29 Jan, 2024 09:14am

Business & Finance

FBR’s ‘revamp plan’: Cabinet to take up summary of Revenue Division today

ISLAMABAD: Federal Cabinet will take up the summary of the Revenue Division on the restructuring of the Federal ...

Published 23 Jan, 2024 05:14am

Opinion

Non-disclosures & underperformance

Ever year Federal Board of Revenue (FBR) as Revenue Division of Ministry of Finance (MoF), issues data relating to...

Published 22 Dec, 2023 05:22am

Forex deals: Tax on windfall profits of banks likely

ISLAMABAD: The government is likely to invoke provisions of the Finance Act, 2023, to impose tax on windfall...

Updated 15 Nov, 2023 09:49am

FTO barred from initiating action against banking co

ISLAMABAD: Islamabad High Court (IHC) has restrained the Federal Tax Ombudsman (FTO) from taking action against a...

Updated 09 Oct, 2023 08:43am

‘Pakistan Land Port Authority’: ‘Final’ approval blocked by minister

ISLAMABAD: Commerce Minister Syed Naveed Qamar is said to have blocked final approval of Pakistan Land Port...

Updated 15 Jul, 2023 09:49am

Business & Finance

Point of sale: FBR directed to issue instructions to field formations

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue instructions to...

Published 09 Jun, 2023 06:20am

Business & Finance

Revenue Div allowed to publish tax directory of MPs for 2020

ISLAMABAD: The federal cabinet has allowed the Revenue Division to publish the tax directory of parliamentarians for...

Updated 19 Jan, 2023 08:38am

Business & Finance

Taxpayers’ outstanding issues: FBR chief asks taxmen to pull their socks up

ISLAMABAD: Chairman Federal Board of Revenue (FBR)/Secretary Revenue Division, Dr Muhammad Ashfaq Ahmed Friday...

Published 11 Dec, 2021 04:12am

Business & Finance

All fruits except fresh apples from Afghanistan exempted from sales tax

ISLAMABAD: The Federal government has exempted all fruits of Afghanistan from sales tax from September 15, 2021...

Published 17 Nov, 2021 04:22am

Nawaz, family: FTO seeks report on 'not taxing' assets, income

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed Chief Commissioner Inland Revenue, Lahore and other ...

Updated 18 Oct, 2021 11:52am

Pakistan

PAC drops discussion on Pandora Papers

ISLAMABAD: A sub-committee of the Public Accounts Committee (PAC) had to drop discussion on Pandora Papers scam upon...

Published 06 Oct, 2021 04:17am

Pakistan

Security of taxpayers' data: No action taken against PRAL officials

ISLAMABAD: The Federal Board of Revenue (FBR) has yet not taken any action against concerned officials of the...

Published 05 Oct, 2021 04:34am

Business & Finance

Probe into Cyber attack on FBR website: FTO summons Secy Revenue Div, PRAL CEO and FBR Member (IT)

ISLAMABAD: The Federal Tax Ombudsman (FTO) has summoned Secretary Revenue Division; CEO, Pakistan Revenue Automation...

Published 29 Sep, 2021 03:59am

Some specific companies: Rs1.6bn penal surcharge waived

ISLAMABAD: The Federal Government has waived off Rs 1.6 billion penal surcharge to some specific companies on the...

Updated 20 Sep, 2021 09:41am

High net-worth un-registered persons: Over 200,000 issued notices by FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has issued notices to over 200,000 high net-worth un-registered ...

Updated 15 Sep, 2021 10:08am

Technology

Purchase of software, IT-related equipment: Govt urged to declare operational emergency

ISLAMABAD: The Revenue Division has requested the federal government to declare operational emergency for immediate...

Published 14 Sep, 2021 03:55am

PSDP: Release of Rs392.686bn authorised in less than three months

ISLAMABAD: The federal government authorised the release of Rs392.686 billion (43.6 percent of total budgeted amount...

Updated 08 Sep, 2021 11:00am

Overstayed goods: Waiver of penal surcharge not likely

ISLAMABAD: Finance Minister Shaukat Tarin has reportedly "blocked" a proposal of Federal Board of Revenue (FBR)...

Published 31 Aug, 2021 03:43am

Business & Finance

FTO to conduct investigation against LTO Islamabad

ISLAMABAD: The Federal Tax Ombudsman (FTO) has decided to conduct an investigation against Large Taxpayer Office...

Published 06 Aug, 2021 04:18am

PSDP 2021-22: Rs133.66bn released against budgeted Rs900bn

ISLAMABAD: The federal government has released Rs133.66 billion (14.85 percent) for various ongoing and new...

Published 18 Jul, 2021 05:33am

Junior officers: FBR takes serious notice of additional charges sans approval

ISLAMABAD: The Federal Board of Revenue (FBR) has taken serious notice of an illegal practice in the field formation...

Published 13 Jul, 2021 02:49am

Business

Member of FBR policy board: Revenue Division secy receives letter for nomination of Dilawar Khan

ISLAMABAD: The Revenue Division secretary has received a letter from the Senate Secretariat for nomination of ...

Published 25 May, 2021 04:40am

Business & Finance

Prize bond holders in a fix on eve of balloting

LAHORE: Holders of Rs 7,500 denomination national prize bonds are in a fix on the eve of its balloting as the...

Published 01 May, 2021 03:28am

Opinion

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 17	277.85
USD PKR Interbank Buying / Oct 17	277.65
USD to Japanese Yen / Oct 17	149.91
USD to Swiss Franc / Oct 17	0.87
Pound Sterling to USD / Oct 17	1.30
Euro to USD / Oct 17	1.08

Stock	Volume
S&P 500 / Oct 17	5,841.47
India Sensex / Oct 17	81,006.61
Tokyo Nikkei / Oct 17	39,049.37
Nasdaq / Oct 17	18,373.61
Hang Seng / Oct 17	20,275.40
FTSE 100 / Oct 17	8,385.13
Dow Jones / Oct 17	43,239.05
Germany DAX 30 / Oct 17	19,583.39

Item	Value
Crude Oil USD/Barrel / Oct 17	70.80
Karachi Cotton PKR/37.32 KG / Oct 17	18,085
Gold 10 Grams PKR / Oct 17	238,254
Gold Spot USD/Ounce / Oct 17	2,709.16
Cotton US¢/pound / Oct 17	71.02
Petrol/Litre / Oct 18	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Revenue Division

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