Trends - tax exemptions - Business Recorder

tax exemptions

The government has withdrawn a wide range of income tax exemptions to the emerging sectors and industries including IT sector; exemption on profit and gains derived by LNG terminal operators and terminal owners and exemption available to the Pakistan Mortgage Refinance Company under the Tax Laws (Second Amendment) Ordinance, 2021.

Published 05 Apr, 2021 01:38pm

Business & Finance

As per details, the federal government will bring in an ordinance to meet the IMF requirement, which will eliminate income tax exemption of up to Rs 140 billion for various sectors.

Published 20 Mar, 2021 11:19am

Business & Finance

Regarding the removal of tax exemption on the sale of immovable property to REITs, the report was of the view that this will not impact listed REITs.
However, this may have a negative impact on potential REIT listings.

Published 13 Mar, 2021 01:52pm

ISLAMABAD: Persons bringing taxable goods from tax exempt areas of Azad Jammu and Kashmir, Gilgit-Baltistan and...

Published 03 Feb, 2021 04:35am

ISLAMABAD: The Federal Board of Revenue (FBR) Wednesday issued Gwadar Tax Free Zone Rules, 2021, explaining the tax...

Published 21 Jan, 2021 04:23am

Currency	Rate
USD PKR Interbank Selling / Jul 3	278.53
USD PKR Interbank Buying / Jul 3	278.33
USD to Japanese Yen / Jul 3	161.89
USD to Swiss Franc / Jul 3	0.90
Pound Sterling to USD / Jul 3	1.27
Euro to USD / Jul 3	1.08

Stock	Price
786 Invest Ltd / Jul 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00