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tax liability

FBR amends Income Tax Rules: SOEs bound to approach ADRCs

ISLAMABAD: The state-owned enterprises have been bound to approach the alternate dispute resolution committees...

Updated 07 Sep, 2024 03:07pm

Business & Finance

Current year’s liability: Tax dept fails to object to adjustment of unverified refund

LAHORE: The tax department has failed to object to adjustment of unverified refund towards current year’s...

Published 06 Sep, 2024 07:04am

Additional taxation steps taken thru amendments to Finance Bill

Surcharge shall be payable by every individual and association of persons at the rate of 10 percent of the income tax imposed under Division-I of Part-I of the First Schedule where the taxable income exceeds Rs10 million

Updated 29 Jun, 2024 07:43pm

Business & Finance

OIR fails to prove wrong adjustment of tax refund

LAHORE: An Officer of Inland Revenue (OIR) could not prove that a private limited company engaged in production ...

Published 15 May, 2024 05:47am

Business & Finance

Tax department fails to recover tax from bank accounts of taxpayer

LAHORE: The Tax department has failed to recover the tax assessed from bank accounts of taxpayer without issuance of...

Published 23 Apr, 2024 03:41am

Notice issued to POL, others: Respondents shall continue to pay tax liability under Sec 4C: IHC

ISLAMABAD: The Islamabad High Court (IHC), issuing notice to the respondents (Pakistan Oilfields Limited and...

Updated 05 Apr, 2024 09:04am

Pakistan

Shifa Tameer-e-Millat varsity: IHC directs FBR not to take steps towards recovery of disputed tax liability

ISLAMABAD: The Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) not to adopt coercive...

Published 01 Feb, 2024 04:52am

Business & Finance

Steel re-rolling mills: Tax authorities ignoring special procedure for tax collection?

LAHORE: Tax authorities are accused of ignoring amendments to the sales tax law devising special procedure for steel...

Published 27 Jan, 2024 06:20am

New fixed income tax for retailers on the cards

ISLAMABAD: The federal and provincial governments will launch a fixed income tax scheme (Tajir Doost) for...

Updated 22 Jan, 2024 10:03am

Wrong computation of tax liability: FTO asks FBR to refund excess income tax to taxpayers

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Jah has directed the Federal Board of Revenue (FBR) to refund the...

Updated 15 Nov, 2023 09:50am

Tax liability of non-filers: Govt mulling giving NADRA new teeth

ISLAMABAD: The government is reviewing the powers of the National Database and Registration Authority (NADRA) in the...

Updated 31 May, 2023 09:00am

High-income earners directed to pay 50pc of super tax liability

ISLAMABAD: The Supreme Court Monday directed high-income earners to pay 50 percent of the due liability with regard...

Updated 07 Feb, 2023 08:39am

Business & Finance

‘Tax liability on estimations’: FTO asks FBR to revisit its order

ISLAMABAD: While disposing of a complaint, the Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue...

Updated 04 Feb, 2023 10:18am

Business & Finance

Complainant heavily taxed on pension received as remittance: FTO tells FBR to transfer jurisdiction, revisit impugned order

ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken serious notice of illegal transfer of jurisdictions of an...

Published 28 Dec, 2022 04:12am

Big tax defaulters: FBR to auction off properties, trademarks

Corporate Regional Tax Office Lahore writes a detailed letter to Director General of the Intellectual Property Organization of Pakistan

Updated 05 Dec, 2022 10:40am

Pakistan

Desk-audit of 393,441 individuals, AOPs: FTO directs FBR to give justification

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to give justification for the...

Published 08 Jun, 2022 08:30am

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
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

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%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8 ▲ 0.89 (12.52%)
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%)
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%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-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%)
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 ▼ -0.11
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.69
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.40
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.06
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.57
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.21
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.18
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	31,906,451 ▲ 1.01

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