Trends - tax collections - Business Recorder

tax collections

The logjam in the economy continues

EDITORIAL: Former finance minister Dr Hafiz Pasha recently maintained that the revenue shortfall that he projected ...

Updated 07 Oct, 2024 08:14am

KP to reward tax fraud identifiers with cash

PESHAWAR: The Khyber Pakhtunkhwa (KP) government has announced that it will offer cash rewards to individuals who...

Updated 16 Sep, 2024 03:24pm

Business & Finance

FBR intensifies efforts to collect advance tax instalments

ISLAMABAD: The Federal Board of Revenue (FBR) has intensified efforts to timely collect due “advance tax”...

Published 14 Sep, 2024 07:36am

Faulty returns: FBR proposes harsh enforcement steps

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed harsh enforcement measures against the existing filers of...

Updated 13 Sep, 2024 09:14am

FBR shares revenue collection plan with Aurangzeb

ISLAMABAD: The Federal Board of Revenue (FBR) Monday shared a comprehensive plan with Finance Minister Muhammad...

Updated 13 Aug, 2024 09:20am

Business & Finance

FBR asked to bring all hidden issues before PM immediately

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to immediately bring all...

Updated 15 Jul, 2024 09:23am

Briefing to NA panel: New revenue measures won’t be withdrawn: FBR chief

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana Friday said new revenue measures taken in the...

Updated 13 Jul, 2024 10:19am

Digitization of tax system top priority: finance minister

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday conveyed to the Federal Board of...

Updated 14 Mar, 2024 08:47am

Six months: Centre transfers Rs2,435.349bn to provinces

ISLAMABAD: The federal government has transferred Rs2,435.349 billion to the provinces during the first six months...

Updated 28 Feb, 2024 10:14am

FBR collects Rs5.15trn from July to mid-Feb: MoF

ISLAMABAD: The major contributors to income tax collection during July-January (2023-24) were banks, petroleum...

Updated 21 Feb, 2024 09:30am

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

Jul-Nov collection exceeds target

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs3,484 billion during the first five...

Updated 01 Dec, 2023 09:08am

Taskforce on FBR reforms yet to become fully functional

ISLAMABAD: The task force on tax and Federal Board of Revenue (FBR) reforms, constituted by the finance minister has...

Updated 15 Oct, 2023 09:35am

Editorials

A little light at the end of the tunnel?

EDITORIAL: A visible intent of the stakeholders to deal with smuggling and endemic corruption recently shared during...

Published 07 Sep, 2023 06:21am

FTO probe results in Rs2bn demand against NHA

ISLAMABAD: The investigation completed by Dr Asif Mahmood Jah Federal Tax Ombudsman (FTO) has resulted in huge tax...

Updated 28 Aug, 2023 09:48am

Business & Finance

Debt servicing hits record high of Rs5.831trn: FY23 closes with 7.7pc budget deficit

ISLAMABAD: The government closed the last fiscal year (2022-23) with a budget deficit of 7.7 percent or Rs6.521...

Updated 18 Aug, 2023 09:49am

Opinion

PARTLY FACETIOUS: The seeds of discontent

“So what’s the most ill kept secret today?” “If someone wants to be enabled to raise the national flag on...

Published 12 Aug, 2023 06:26am

Rs9.4trn revenue collection target: FBR required to rely on policy, some other steps

ISLAMABAD: The Federal Board of Revenue (FBR) will heavily rely on policy and administrative/ enforcement measures...

Updated 09 Aug, 2023 09:27am

Dar sets Rs10trn revenue target for Tiwana-led team

ISLAMABAD: Finance Minister Ishaq Dar threw the gauntlet of chasing a revenue target of Rs 10 trillion for the...

Updated 03 Aug, 2023 09:29am

FBR surpasses July revenue collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs538 billion during July 2023 against the...

Updated 02 Aug, 2023 09:09am

Business & Finance

Rural & urban properties: Introduction of uniform stamp duty in Punjab likely

LAHORE: The Punjab government is planning to introduce uniform stamp duty and mutation fee rates for rural and urban...

Published 18 Jul, 2023 05:51am

Business & Finance

Changes in FBR’s tax expenditure may affect provincial revenues

ISLAMABAD: The changes made in the cost of tax exemptions by the Federal Board of Revenue (FBR) may have an impact ...

Published 12 Jun, 2023 06:26am

FY24 Budget: Rs9.2trn tax collection target expected

ISLAMABAD: The tax collection target of the Federal Board of Revenue (FBR) would be fixed within the range of Rs 9...

Updated 23 May, 2023 08:49am

Opinion

Budget, taxes, revival & growth

Fiscal consolidation should be as growth-friendly as possible. In general, tax base-broadening reforms are ...

Published 19 May, 2023 06:17am

Business & Finance

E&T dept collects over Rs103,645m until April: Chawla

KARACHI: Sindh Excise, Taxation, and Narcotics Control Department announced to collect over Rs 103645 million in the...

Published 05 May, 2023 06:44am

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

Editorials

Towards achieving revenue target

EDITORIAL: The Chairman Federal Board of Revenue (FBR) reportedly shared a detailed plan with Finance Minister Ishaq...

Published 28 Apr, 2023 06:08am

Business & Finance

July-March: FBR suffers massive shortfall of Rs304bn

ISLAMABAD: Despite imposition of additional taxes of Rs 170 billion on February 14, the Federal Board of Revenue...

Published 01 Apr, 2023 07:24am

Editorials

‘Reimagining Pakistan’

EDITORIAL: Ideas about rescuing the economy, especially about ending its dependence on donor bailouts, come a dime a...

Published 20 Mar, 2023 06:12am

Business & Finance

Country can avoid IMF only through higher exports, tax collections: Miftah

KARACHI: Former Federal Finance Minister Miftah Ismail on Sunday said that in order to avoid International Monetary...

Updated 13 Mar, 2023 09:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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