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tax net

Aurangzeb for bringing elite class into tax net

FAISALABAD: Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb said on Sunday that the elite...

Updated 30 Dec, 2024 02:42pm

Business & Finance

HNWIs to be taxed: Aurangzeb unveils FBR digitisation strategy

ISLAMABAD: Minister for Finance Muhammad Aurangzeb Thursday unveiled the government’s strategy to implement...

Updated 27 Dec, 2024 09:17am

Opinion

All is not well at the economic front

The Federal Minister for Finance and Revenue Muhammad Aurangzeb reaffirmed this Wednesday at the ‘International...

Updated 07 Dec, 2024 08:50am

Business & Finance

Former Senior VP FPCCI underscores need for urgent tax reforms

KARACHI: Syed Mazhar Ali Nasir,former Senior Vice President of the Federation of Chambers of Commerce and Industry...

Published 17 Nov, 2024 05:10am

Business & Finance

Export diversification, import substitution opportunities exist: Consulting firm for addressing structural deficiencies

KARACHI: The experts have underscored the importance of addressing structural deficiencies and the need for...

Published 14 Nov, 2024 07:47am

Opinion

No surprise in the surprise visit

The only surprise in the IMF team’s surprise visit to Pakistan this week was that it took the trouble to jolt the...

Updated 14 Nov, 2024 07:15am

Opinion

Go beyond the Fund advice

Monetary Policy Committee (MPC) met under the chairmanship of Jameel Ahmed, Governor of State Bank of Pakistan (SBP)...

Updated 11 Nov, 2024 07:17am

Purchasing property, car: Non-tax filers to face restriction: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said non-tax filers will have to...

Updated 02 Oct, 2024 07:55pm

Editorials

Tax reforms: more of the same?

EDITORIAL: The taxation bureaucracy’s knack of coming up with measures that claim to tackle the inefficiencies of...

Published 25 Sep, 2024 06:48am

Opinion

Digitization key to revenue growth

Pakistan has been facing the perpetual challenge of expanding its tax base without any tangible results, a situation...

Published 30 Aug, 2024 07:19am

‘China will help secure IMF loan’

FM Muhammad Aurangzeb says Pakistan requires 3 to 5-year extension in maturity of $12bn debt from Saudi Arabia, China, and UAE as part of confirmation before approval from IMF’s Executive Board on fresh bailout package

Updated 29 Jul, 2024 12:34pm

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

Editorials

Rebellion by unregistered business entities

EDITORIAL: The stubborn resistance of the country’s unregistered sector to yet another attempt by the authorities...

Published 09 Jul, 2024 05:31am

Business & Finance

Major reforms inevitable to create economic stability: Ali Pervaiz

ISLAMABAD: Minister of State for Finance, Revenue and Power Ali Pervaiz Malik said on Sunday that the government...

Published 08 Jul, 2024 06:03am

Non-filers must be brought into the tax net: PM

Seeks a comprehensive action plan with specific goals regarding the digitisation and reforms of FBR

Updated 06 Jul, 2024 07:55pm

Business & Finance

MCCI chief opposes Tajir Dost Scheme

PESHAWAR: Provincial General Secretary of the central traders’ organisation and the President of the Mardan ...

Published 10 Jun, 2024 06:52am

Business & Finance

PRA to bring unregistered architect firms into tax net

LAHORE: PRA has launched an initiative to bring unregistered architect firms in Lahore into the tax net. Following...

Published 25 May, 2024 06:33am

Business & Finance

PRA to bring unregistered architect firms into tax net

LAHORE: The Punjab Revenue Authority (PRA) has launched an initiative to bring unregistered architect firms in ...

Published 25 May, 2024 05:55am

Aurangzeb tells PRBC team: FBR digitalisation to broaden tax net

ISLAMABAD: Finance Minister Muhammad Aurangzeb Tuesday informed Pakistan Retail Business Council (PRBC) that...

Updated 22 May, 2024 09:27am

Business & Finance

All services under PRA will be brought under tax net: Minister

LAHORE: In order to facilitate the documentation of the economy in Punjab, all services under the Punjab Revenue...

Published 16 May, 2024 06:28am

Business & Finance

‘No new laws should be made for existing taxpayers’: LCCI

LAHORE: President of the Lahore Chamber of Commerce and Industry (LCCI) Kashif Anwar has said that no new laws ...

Published 07 May, 2024 06:27am

Editorials

Hurting growth of formal economy

EDITORIAL: At a time when the federal government and finance minister are all talking about documenting the economy...

Published 06 May, 2024 05:30am

Bringing developers, builders into tax net: FBR fails to achieve desired results

It is learnt that the FBR is expected to issue increased values of immovable properties from July 1, 2024

Updated 01 May, 2024 03:24pm

Business & Finance

Upcoming budget: KATI chief for inclusion of agri sector in tax net

KARACHI: President of the Korangi Association of Trade and Industry (KATI), Johar Qandhari, has called for the...

Published 27 Apr, 2024 05:03am

Pakistan

CRD urges FM to take action against cigarette makers violating laws

ISLAMABAD: The Centre for Research and Dialogue (CRD) has asked the Finance Minister Muhammad Aurangzeb for taking...

Published 06 Apr, 2024 05:28am

Business & Finance

Tobacco revenue may cross $2bn mark by curbing illicit trade

LAHORE: The government has the potential to generate $2 billion revenue from the legitimate tobacco industry by...

Published 09 Mar, 2024 04:59am

Pakistan

‘Existential crisis’: tax the undocumented sector, urges PBC

Body says first task of incoming government will be to negotiate IMF programme, seek longer-term, reform-centric bailout

Published 03 Jan, 2024 07:30pm

Editorials

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31
France CAC40 / Jan 20	7,733.50
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	3.74 ▲ 0.34 (10.00%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	77.59 ▲ 7.05 (9.99%)
Shadman Cotton / Jan 21 Shadman Cotton Mills Limited(SHCM)	31.82 ▲ 2.89 (9.99%)
F.Credit & Inv / Jan 21 First Credit and Investment Bank Limited(FCIBL)	8.20 ▲ 0.74 (9.92%)

Stock	Price
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	22.51 ▼ -2.48 (-9.92%)
Fateh Sports / Jan 21 Fateh Sports Wear Limited(FSWL)	72.50 ▼ -6.07 (-7.73%)
Kohat Textile / Jan 21 Kohat Textile Mills Limited(KOHTM)	32.32 ▼ -2.58 (-7.39%)
Punjab Oil / Jan 21 Punjab Oil Mills Limited(POML)	147 ▼ -11.02 (-6.97%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9.15 ▼ -0.66 (-6.73%)
Parmount Sp. / Jan 21 Paramount Spinning Mills Limited(PASM)	4.30 ▼ -0.31 (-6.72%)
Suhail Jute / Jan 21 Suhail Jute Mills Limited(SUHJ)	106 ▼ -7.47 (-6.58%)
GOC (Pak) / Jan 21 GOC (Pak) Limited.(GOC)	64.99 ▼ -4.10 (-5.93%)
Prosperity Weav / Jan 21 Prosperity Weaving Mills Limited(PRWM)	35 ▼ -2.00 (-5.41%)

Stock	Volume
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▲ 0.02
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	57,800,421 ▲ 0.34
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.02
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	36,276,680 ▲ 1.65
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	27,971,240 ▲ 0.28
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.13
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -1.13
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -2.79
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▲ 2.80

Markets →

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