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Sales Tax

Abbottabad: DG I&I IR Peshawar officers can’t recover ST liabilities: PHC

ISLAMABAD: Peshawar High Court (PHC) has declared that the Audit Officers of Directorate General of Intelligence and...

Published a day ago

Editorials

Govt must display economic prudence

EDITORIAL: The Executive Board of the International Monetary Fund (IMF) is scheduled to consider the first review...

Published 03 May, 2025 06:07am

Corporate taxpayers, cos: FBR extends e-invoice integration deadline

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the deadline by one month for all sales tax corporate...

Updated 03 May, 2025 09:23am

ST payment: FBR fixes MRP of cement

ISLAMABAD: The Federal Board of Revenue (FBR) has fixed minimum retail price of cement for the purpose of payment of...

Updated 30 Apr, 2025 08:44am

Countrywide slowdown in return submissions

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced numerous changes in the sales tax return filing...

Updated 30 Apr, 2025 08:44am

All categories covered: FBR extends new set of rules for e-invoicing

ISLAMABAD: The Federal Board of Revenue (FBR) has extended new set of rules for e-invoicing and integration of sales...

Updated 25 Apr, 2025 08:45am

Registered persons: FBR expands scope of sales tax suspension

ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of sales tax suspension of registered persons....

Updated 23 Apr, 2025 09:25am

Taxpayers irked as IRS incorrectly marks them as ‘non-active’

ISLAMABAD: The “IRS” system of the Federal Board of Revenue (FBR) is incorrectly marking taxpayers as “non-active”...

Updated 22 Apr, 2025 08:54am

Business & Finance

HCSTSI criticises FBR for HS Codes, new complexities

HYDERABAD: President Hyderabad Chamber of Small Traders & Small Industry (HCSTSI), Muhammad Saleem Memon, has...

Published 21 Apr, 2025 05:42am

Provincial taxpayers: FBR has ‘rolled out Single Sales Tax Portal’

ISLAMABAD: The Federal Board of Revenue (FBR) has rolled out a Single Sales Tax Portal for filing of sales tax...

Published 20 Apr, 2025 02:50am

Sales tax, federal excise: FBR extends date of filing returns

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of submission of Sales Tax and Federal Excise...

Updated 19 Apr, 2025 09:28am

Insurance industry: CCP asks FBR to remove ST anomalies

ISLAMABAD: The Competition Commission of Pakistan (CCP) has asked the Federal Board of Revenue (FBR) to remove sales...

Updated 18 Apr, 2025 09:19am

Business & Finance

FBR imposes major restrictions on ST-registered persons

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed major restrictions on sales tax registered persons, who...

Published 18 Apr, 2025 05:52am

Pakistan

Crackdown against sales tax violators; super mart sealed

HYDERABAD: The Focal Person Point of Sale, Assistant Commissioner Inland Revenue, Aijaz Ali, on directions of the...

Published 15 Apr, 2025 06:58am

Salaried class: Call for revision of tax slabs, rise in exemption limits

ISLAMABAD: The Salaried Class Alliance Pakistan has called for a revision of tax slabs, an increase in exemption...

Updated 14 Apr, 2025 08:56am

Business & Finance

Digital invoicing: FBR directs retailers to approach 4 approved licensed integrators

ISLAMABAD: The Federal Board of Revenue (FBR) has directed retailers, who are bound to issue digital invoices, to...

Published 12 Apr, 2025 05:40am

Business & Finance

Steel melters submit set of proposals for federal budget

LAHORE: The Pakistan Steel Melters Association (PSMA) has submitted a comprehensive set of proposals for the Federal...

Published 11 Apr, 2025 05:38am

Business & Finance

OCAC submits budget proposals for FY 2025-26

ISLAMABAD: The Oil Companies Advisory Council (OCAC) has submitted a budget proposal for the fiscal year 2025-26 to...

Published 11 Apr, 2025 05:38am

White crystalline sugar: FBR fixes minimum ex-mill value wef April 1

ISLAMABAD: The Federal Board of Revenue (FBR) has fixed the minimum ex-mill value of white crystalline sugar from...

Updated 09 Apr, 2025 09:13am

Business & Finance

KPRA collects Rs37.37b in 9 months

PESHAWAR: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has collected Rs37.37billion in the first nine months of...

Published 05 Apr, 2025 05:23am

1HFY25 direct tax collection rises 29.4pc YoY

ISLAMABAD: The collection of direct taxes has shown an increase of 29.4 percent during first six months of 2024-25...

Updated 27 Mar, 2025 03:13pm

FY26 Budget proposals: Businesses urge govt to gradually reduce GST rate

Pakistan Business Council recommends reduction in withholding taxes for exporters to minimise impact on cash flow of their business

Updated 25 Mar, 2025 09:30am

Business & Finance

Return filing deadline extended

ISLAMABAD: The Federal Board of Revenue (FBR) has extended date for filing of Sales Tax and Federal Excise return...

Published 25 Mar, 2025 05:37am

Opinion

Cigarette tax myths and realities

A well-orchestrated campaign advocating for reduced cigarette taxes has recently gained momentum, primarily driven ...

Published 24 Mar, 2025 06:33am

Business & Finance

Veg ghee mill: ATIR annuls Rs1.5bn GST demand by Peshawar RTO

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has annulled sales tax demand amounting to Rs1.5 billion...

Published 23 Mar, 2025 05:26am

SHC could initiate proceedings against CTO IR chief

ISLAMABAD: Sindh High Court (SHC) will initiate proceedings against Chief Commissioner Corporate Tax Office (CTO),...

Published 20 Mar, 2025 05:30am

Editorials

The high cost of punitive taxation

EDITORIAL: The fundamentally flawed nature of the tax regime operational in Pakistan is both well-documented and...

Published 19 Mar, 2025 05:48am

Business & Finance

KTBA urges FBR to extend ST return filing deadline

KARACHI: The Karachi Tax Bar Association (KTBA) has requested the Federal Board of Revenue (FBR) to extend the sales...

Published 19 Mar, 2025 05:36am

RTO-1 arrests mastermind behind major ST fraud

KARACHI: The Regional Tax Office-1 has arrested the mastermind, Bilal Imam, behind a cumulative sales tax fraud...

Updated 14 Mar, 2025 09:45am

Opinion

Unravelling cigarette tax revenue mystery

The first half of fiscal year 2025 has painted a perplexing picture of Pakistan’s cigarette industry. The latest...

Published 11 Mar, 2025 06:25am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 6	281.43
USD PKR Interbank Buying / May 6	281.23
USD to Japanese Yen / May 6	143.80
USD to Swiss Franc / May 6	0.82
Pound Sterling to USD / May 6	1.33
Euro to USD / May 6	1.13
UK LIBOR % / May 2	4.96

Stock	Volume
S&P 500 / May 5	5,650.38
Tokyo Nikkei / May 5	36,830.69
Nasdaq / May 5	17,844.24
Dow Jones / May 5	41,218.83
India Sensex / May 6	80,548.72
Hang Seng / May 6	22,677.57
FTSE 100 / May 6	8,609.62
Germany DAX 30 / May 6	23,276.83
France CAC40 / May 6	7,711.31

Item	Value
Karachi Cotton PKR/37.32 KG / May 5	16,985
Gold 10 Grams PKR / May 5	300,068
Petrol/Litre / May 6	252.63
Crude Oil USD/Barrel / May 6	57.98
Gold Spot USD/Ounce / May 6	3,361.22
Diesel/Litre / May 6	256.64
Cotton US¢/pound / May 6	68.15

Gainers
Losers
Leaders

Stock	Price
Invest Bank / May 6 Invest Capital Investment Bank Limited(ICIBL)	1.50 ▲ 0.2 (15.38%)
First Fid. Leasing / May 6 First Fidelity Leasing Modaraba(FFLM)	2.34 ▲ 0.3 (14.71%)
UDL International / May 6 UDL International Limited(UDLI)	7.95 ▲ 0.95 (13.57%)
Aruj Industries / May 6 Aruj Industries Limited(ARUJ)	8.76 ▲ 0.98 (12.6%)
Pak Gen.Ins. / May 6 The Pakistan General Insurance Co. Ltd.(PKGI)	9.86 ▲ 1 (11.29%)
Dewan Mushtaq / May 6 Dewan Mushtaq Textile Mills Limited(DMTM)	9.96 ▲ 1 (11.16%)
Dewan Textile / May 6 Dewan Textile Mills Limited(DWTM)	6.42 ▲ 0.62 (10.69%)
First Elite Cap.Mod / May 6 First Elite Capital Modaraba(FECM)	16.89 ▲ 1.54 (10.03%)
Power Cem(Pref) / May 6 Power Cement (Pref)(POWERPS)	16.80 ▲ 1.53 (10.02%)
Olympia Mills / May 6 Olympia Mills Limited(OML)	36.28 ▲ 3.3 (10.01%)

Stock	Price
Reliance Ins. / May 6 Reliance Insurance Company Limited(RICL)	10.49 ▼ -6.31 (-37.56%)
First AL-Noor Mod. / May 6 First Al-Noor Modaraba(FANM)	2.75 ▼ -0.34 (-11%)
At-Tahur Ltd. / May 6 At-Tahur Limited(PREMA)	58.40 ▼ -6.49 (-10%)
Bunnys Limited / May 6 Bunnys Limited(BNL)	28.04 ▼ -3.11 (-9.98%)
Sui South Gas / May 6 Sui Southern Gas Company Limited(SSGC)	36.08 ▼ -3.95 (-9.87%)
Trust Sec.& Brok. / May 6 Trust Securities & Brokerage Limited(TSBL)	11.60 ▼ -1.27 (-9.87%)
Diamond Ind. / May 6 Diamond Industries Limited(DIIL)	21.79 ▼ -2.12 (-8.87%)
Paramount Mod / May 6 First Paramount Modaraba(FPRM)	7.59 ▼ -0.66 (-8%)
Tri-Star Mutual / May 6 Tri-Star Mutual Fund Limited(TSMF)	8.26 ▼ -0.71 (-7.92%)
Leather Up Ltd. / May 6 Leather Up Limited(LEUL)	28.31 ▼ -2.39 (-7.79%)

Stock	Volume
Sui South Gas / May 6 Sui Southern Gas Company Limited(SSGC)	54,325,421 ▼ -3.95
K-Electric Ltd. / May 6 K-Electric Limited(KEL)	42,259,616 ▲ 0.22
Dewan Cement / May 6 Dewan Cement Limited(DCL)	26,185,745 ▼ -0.29
Kohinoor Spining / May 6 Kohinoor Spinning Mills Limited(KOSM)	17,455,731 ▲ 0.35
At-Tahur Ltd. / May 6 At-Tahur Limited(PREMA)	16,513,681 ▼ -6.49
Maple Leaf Cement / May 6 Maple Leaf Cement Factory Limited(MLCF)	15,288,695 ▼ -1.4
D.G.K.Cement / May 6 D.G. Khan Cement Company Limited(DGKC)	11,352,512 ▼ -2.72
WorldCall Telecom / May 6 Worldcall Telecom Limited(WTL)	10,597,193 ▼ -0.01
Power Cement / May 6 Power Cement Limited(POWER)	8,852,134 ▼ -0.51
Pak Refinery / May 6 Pakistan Refinery Limited(PRL)	8,766,270 ▼ -0.03

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