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tax reforms

NTC reviews provincial tax reforms

ISLAMABAD: National Tax Council (NTC) Wednesday reviewed provincial tax reforms including measures to enhance...

Published 05 Dec, 2024 08:43am

Markets

National Tax Council meets to discuss tax reforms, harmonisation

Meeting's agenda focuses on fostering collaboration between federal, provincial authorities to enhance tax systems, improve compliance, and boost revenue collection, Finance Division says

Updated 04 Dec, 2024 10:35pm

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

Editorials

Surcharge on fossil fuels

EDITORIAL: It’s been learnt that one of the key measures under consideration to increase the tax-to-GDP ratio, as...

Updated 17 Nov, 2024 06:07am

Editorials

Disturbing revelations

EDITORIAL: Of all the things Finance Minister Muhammad Aurangzeb mentioned at the Islamabad literature festival the...

Published 13 Nov, 2024 07:00am

Islamabad striving for 13.5pc tax-to-GDP ratio, US told

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, Thursday, while reiterating the...

Updated 18 Oct, 2024 09:24am

Business & Finance

Minister for tax reforms to promote business growth

LAHORE: Punjab Finance Minister Mian Mujtaba Shuja-ur-Rehman noted the disparities in the tax burden, saying that...

Published 18 Oct, 2024 06:10am

Reforms in agri income tax regimes: IMF urges provinces to implement commitment

ISLAMABAD: The International Monetary Fund (IMF) has stated that provinces must decisively implement their...

Updated 12 Oct, 2024 02:52pm

Editorials

Establishing fiscal discipline

EDITORIAL: In a landmark move, the federal and four provincial governments have agreed on a National Fiscal Pact...

Published 11 Oct, 2024 06:30am

Business & Finance

‘Mini-budget possibility decreasing due to tax reforms’

KARACHI: Chairman of the FPCCI Advisory Board and National Business Group Pakistan, President Pakistan Businessmen...

Published 09 Oct, 2024 08:50am

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

Business & Finance

No plans to shut down Utility Stores Corporation: Rana Tanveer

Minister for Industries and Production says various options being considered for restructuring of USC

Published 02 Sep, 2024 09:46pm

Pakistan

Shutter-down strike observed in twin cities

ISLAMABAD: To protest against the government’s tax reforms, traders like other parts of the country, observed a...

Published 29 Aug, 2024 06:53am

World

German cabinet agrees to expand tax relief to boost economy

BERLIN: Germany’s cabinet agreed on Wednesday to increase tax relief for companies and households to almost 21...

Published 24 Jul, 2024 11:01pm

Opinion

Taxes for extravagance?

The Federal Board of Revenue in recent times has decided to jack up its efforts to increase the number of tax return...

Updated 24 Jul, 2024 08:14am

Taxes: Aurangzeb for breaking IMF bailout cycle

It's about time we get real, ball is in our court to provide bankable and investable projects, says finance minister on attracting foreign investment

Updated 08 Jul, 2024 12:17pm

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

Budget debate: MPs emphasise on export-led growth and tax reforms

ISLAMABAD: The lawmakers on Saturday emphasised on export-led growth, alternative sources of energy and tax reforms...

Updated 23 Jun, 2024 04:43pm

Editorials

Reinventing the wheel

EDITORIAL: If only the government did half as much work on tax reforms as private institutions do, we would not have...

Published 17 Jun, 2024 05:30am

Editorials

The pressing need for tax reforms

EDITORIAL: That Pakistan’s moribund tax structure is in urgent need of a comprehensive overhaul is a reality that...

Published 07 Jun, 2024 06:24am

Markets

Budget 2024-25: PSX proposes tax reforms to boost capital market

The Pakistan Stock Exchange (PSX) on Wednesday submitted its proposals to the government for the upcoming budget,...

Published 05 Jun, 2024 09:50pm

Business & Finance

Anti-tobacco activists for hiking FED on cigarettes

ISLAMABAD: Anti-tobacco activists have warned that the government would lose revenue and benefits gained through tax...

Published 26 May, 2024 02:56am

Business & Finance

NGO for tax reforms in cigarette manufacturing sector

ISLAMABAD: Capital Calling, an Islamabad-based think tank, has pointed out that cigarette manufacturing is one of ...

Published 15 May, 2024 05:47am

Opinion

Tax reforms: Aurangzeb will bell the cat?

It is indeed heartening to note that the country’s external account position is gradually improving amid reports...

Published 14 May, 2024 05:18am

Opinion

Tax reforms: Aurangzeb has a difficult road ahead

Reportedly, the IMF expects FBR tax revenues to grow by over 30 percent in the upcoming fiscal year (FY25). However,...

Published 13 May, 2024 06:08am

FPCCI seeks comprehensive tax reforms

LAHORE: To address the issue of tax collection, Federation of Pakistan Chambers of Commerce and Industry (FPCCI)...

Updated 13 May, 2024 09:03am

Economist urges broader reforms in tax administration

LAHORE: Former Finance Minister Dr Hafiz A Pasha has expressed the hope that Pakistan might achieve 13 percent tax...

Updated 13 May, 2024 09:04am

Opinion

Transparency, taxation & reforms

Macroeconomic conditions have improved over the course of the program. Growth of 2 percent is expected in FY24 given...

Published 03 May, 2024 06:29am

Editorials

The quest for FDI

EDITORIAL: World Bank report titled “South Asia Development Update Jobs for Resilience” highlights the existing...

Published 08 Apr, 2024 04:46am

Opinion

‘IMF programme will test SIFC’

This is apropos a Business Recorder op-ed “IMF programme will test SIFC” carried by the newspaper last Thursday....

Published 05 Mar, 2024 03:09am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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