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sales tax refunds

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EDITORIAL: It’s shocking to say the least that exporters of seasonal fruits have once again failed to meet their...

Updated 23 Nov, 2024 06:52am

Business & Finance

Commissioner IR tells APTMA member mills: FBR devises three automated systems to streamline payment system

LAHORE: Raza Ashfaq Sheikh, Commissioner Inland Revenue and Member Sales Tax Appellate Tribunal Punjab, has ...

Published 30 Aug, 2024 06:08am

Business & Finance

Prior to March 21st: FBR issues all refund claims of exporters

ISLAMABAD: The Federal Board of Revenue (FBR) has issued all sales tax refund claims of exporters which were created...

Updated 02 Apr, 2024 09:40am

FBR officers asked to dispose of deferred ST refunds by June 1

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday directed field formations to dispose of deferred sales tax...

Updated 08 Mar, 2024 08:49am

Business & Finance

KATI commends govt for issuing Rs65bn sales tax refunds

KARACHI: Former President of the Korangi Association of Trade and Industry (KATI), Sheikh Umer Rehan, commended the...

Published 07 Mar, 2024 04:59am

Business & Finance

˜Salt exporters struggling with delays in receiving refunds

KARACHI: Qasim Yaqoob Paracha, Chairman of the Salt Manufacturers Association Pakistan, stated that the salt export...

Published 01 Mar, 2024 02:59am

Business & Finance

Facilitating exporters: FTO suggests FBR to declare RPOs as exchangeable payment instruments

ISLAMABAD: The Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to declare...

Published 27 Jan, 2024 06:20am

30pc taxpayers have obtained ST registration to get sales tax refunds fraudulently?

ISLAMABAD: Around 30 percent of the total sales tax registered persons (397,000) have obtained sales tax...

Updated 10 Jan, 2024 10:12am

Business & Finance

FBR pays refunds/customs rebates of Rs335.6bn in 2022-23

ISLAMABAD: The Federal Board of Revenue (FBR) has paid refunds/customs rebates of Rs335.6 billion during 2022-23 as...

Published 29 Nov, 2023 05:09am

Business & Finance

Chief Commissioner LTO vows to help resolve issues facing APTMA

LAHORE: Syed Mahmood Hussain Jafri, Chief Commissioner Large Tax Office (LTO) Lahore, has assured the Aptma members...

Published 26 Oct, 2023 06:08am

Business & Finance

Towel exporters demand payment of sales tax refunds

KARACHI: Syed Usman Ali, the Senior Vice Chairman of the Towel Manufacturers Association of Pakistan, has voiced...

Updated 25 Oct, 2023 08:47am

Business & Finance

ST refunds, other issues facing APTMA members: Chief commissioner LTO Lahore vows remedial action

LAHORE: Syed Mahmood Hussain Jafri, Chief Commissioner Large Tax Office (LTO) Lahore, has assured the APTMA members...

Published 18 Oct, 2023 06:09am

Business & Finance

PHMA urges FBR to expedite disbursement of sales tax refunds

LAHORE: The Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Saturday asked the Federal Board of...

Published 02 Apr, 2023 03:02am

Business & Finance

Towel makers demand release of ST refunds

KARACHI: The Chairman of the Towel Manufacturers Association of Pakistan, Tahir Jahangir stated that the month of...

Published 01 Apr, 2023 06:21am

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

Exporters detect ‘flaws’ in FBR’s new refund procedure

ISLAMABAD: Prominent exporters have pointed out some serious flaws in the revised procedure of the Federal Board of...

Updated 20 Mar, 2023 08:59am

Specified goods, services: FBR disallows ST refunds to 5 export-oriented sectors

KARACHI: Federal Board of Revenue (FBR) has disallowed the sales tax refunds of number of specified goods and...

Updated 18 Mar, 2023 09:12am

Automated refunds: FBR to apply new risk parameters for processing

ISLAMABAD: The Federal Board of Revenue (FBR) will apply new risk parameters for processing the automated sales tax...

Updated 17 Mar, 2023 09:16am

FBR restores ‘FASTER’ system

ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, restored “FASTER” system for speedy payment of sales tax...

Updated 08 Mar, 2023 08:41am

Business & Finance

Textile exporters: FBR vows to ensure speedy refund payments

ISLAMABAD: The Federal Board of Revenue (FBR), Wednesday, assured textile exporters of restoring speedy payment of...

Published 02 Mar, 2023 06:23am

‘FASTER’ system: Jul-Nov payment of ST refunds rises 44.5pc to Rs143.8bn YoY

ISLAMABAD: The Federal Board of Revenue (FBR) has made payment of sales tax refunds of Rs143.8 billion under the...

Updated 20 Dec, 2022 09:32am

Business & Finance

PAAPAM highlights factors behind drop in tractor sales

LAHORE: Chairman of the Pakistan Association of Auto Parts & Accessories Manufacturers (PAAPAM) Munir Bana has...

Published 06 Dec, 2022 05:58am

Business & Finance

Value-added textile sector seeks early release of Rs300bn ST refunds

KARACHI: The value-added textile sector on Thursday stepped up to seek an immediate release of an estimated Rs300...

Published 25 Nov, 2022 05:48am

Business & Finance

Severe liquidity crunch adversely affecting textile exports: PRGMEA

LAHORE: The Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has said that the severe...

Published 22 Nov, 2022 03:23am

OICCI members: FBR urged to clear Rs80bn refunds

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has urged the chairman Federal Board of...

Updated 02 Nov, 2022 09:42am

Business & Finance

Delay in sales tax refunds adversely affecting export cycle, says PTEA

FAISALABAD: Undue delay in payment of exporters’ sales tax refunds against approved Refund Payment Orders (RPOs) ...

Published 21 Oct, 2022 05:57am

Delay in GST refund perturbs textile exporters

KARACHI: The country’s textile exporters on Friday said that the “excessive and unjustified” delays in the GST...

Published 15 Oct, 2022 06:45am

Business & Finance

PHMA demands early release of ST refunds

KARACHI: Pakistan Hosiery Manufacturers & Exporters Association (PHMA) on Saturday requested to the FBR to...

Published 09 Oct, 2022 05:51am

Business & Finance

Release of sales tax refunds: Value-added textile exporters irked by delay

KARACHI: Delay in release of sales tax refunds have left the value-added textile exporters “annoyed”, which they...

Published 08 Sep, 2022 06:52am

Pakistan

Miftah directs FBR to resolve PTEA’s refunds issue

ISLAMABAD: Finance Minister Miftah Ismail Tuesday directed the Federal Board of Revenue (FBR) to take the required...

Published 27 Jul, 2022 05:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
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%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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