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tax returns

Tax dept misuses authority: Automatic audit selection under fire

LAHORE: The tax department’s automatic selection of tax returns for audit has come under scrutiny, with critics...

Updated 02 Nov, 2024 07:04am

FBR receives 4.821m tax returns up to Oct 26th

ISLAMABAD: The Federal Board of Revenue (FBR) has received 4.821 million income tax returns for Tax Year 2024 up to...

Updated 27 Oct, 2024 11:14am

Tax returns filed by CFOs: FBR lifts affidavit filing condition

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn a major condition of filing of affidavits (tax period...

Updated 18 Oct, 2024 09:25am

Rs87bn short of target: Q1 collection stands at Rs2.452trn

ISLAMABAD: Despite taxation measures of Rs 1,800 billion in the budget (2024-25), the Federal Board of Revenue (FBR)...

Updated 01 Oct, 2024 08:52am

Conditions for GST payment, tax returns relaxed

ISLAMABAD: The Federal Board of Revenue (FBR) has relaxed conditions for sales taxpayers and requirement to file...

Updated 02 Aug, 2024 09:45am

Opinion

210,000 SIM cards blocked

According to a Business Recorder news item “Non-filers: 210,000 SIM cards blocked” carried by the newspaper...

Published 06 Jul, 2024 06:48am

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

Editorials

FBR must stop leaning on crutches

EDITORIAL: In a fresh indicator of the Federal Board of Revenue’s (FBR’s) utter inability to carry out its basic job...

Published 17 May, 2024 05:50am

Business & Finance

Comprehensive measures in progress to enhance tax net: FBR official

PESHAWAR: Chief Commissioner (Inland Revenue) Regional Tax Office (RTO) Peshawar, Zafar Iqbal Khan has said that in...

Published 05 Apr, 2024 04:50am

Beneficial owners of companies: PTBA urges FBR to extend deadline

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has approached the Federal Board of Revenue (FBR) to extend date...

Updated 30 Dec, 2023 10:12am

‘Notices to deceased persons’: PTBA urges FBR to upgrade its system

ISLAMABAD: Pakistan Tax Bar Association of Pakistan (PTBA) has asked Federal Board of Revenue (FBR) to upgrade its...

Published 28 Dec, 2023 04:52am

Nod from IR Commissioner not needed: Tax returns can be revised within 60 days: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the FBR system is allowing taxpayers to revise...

Updated 08 Nov, 2023 10:04am

Business & Finance

FBR confirms tax return filing deadline extended by 1 month

The Federal Board of Revenue (FBR) on Saturday said the date of date of filing income tax returns for Tax Year 2023...

Published 30 Sep, 2023 11:54pm

Business & Finance

FBR should provide 90 days for submission of tax returns: PTBA

LAHORE: The Pakistan Tax Bar Association (PTBA) has demanded that the chairman of the Federal Board of Revenue ...

Published 29 Sep, 2023 06:24am

Business & Finance

KTBA complains about ‘problematic’ IRIS portal

KARACHI: Taxpayers are still facing difficulties in complying with tax filing requirements due to persistent issues...

Updated 07 Sep, 2023 06:46am

Business & Finance

PTBA points out multiple errors & glitches in IRIS portal

LAHORE: The Pakistan Tax Bar Association (PTBA) has pointed out multiple errors and glitches in the online filing of...

Published 07 Sep, 2023 06:21am

PTBA asks FBR to take notice of sudden change in IRIS module

LAHORE: Pakistan Tax Bar Association (PTBA) leadership has urged Chairman Federal Board of Revenue (FBR) to look...

Updated 04 Sep, 2023 09:37am

CCP analysis on SME sector: ‘Complex regulatory regime pushes up cost of doing business’

ISLAMABAD: The Competition Commission of Pakistan (CCP) has declared that the complex regulatory regime has created...

Updated 16 Jul, 2023 09:22am

Income tax: Govt likely to introduce e-assessment scheme

ISLAMABAD: The government is likely to introduce an electronic-assessment scheme in the budget (2023-24) to conduct...

Updated 28 May, 2023 09:58am

Business & Finance

Tax officials accused of ignoring rules while charging WWF out of audit proceedings

LAHORE: The tax authorities are accused of ignoring the condition of passing a written order while dealing with...

Published 28 Apr, 2023 06:08am

Pakistan

Records seized: SRB raids club for recovery of SST dues

KARACHI: Sindh Revenue Board (SRB) has carried out a raid on a luxurious club located in a posh area of Karachi. The...

Published 24 Mar, 2023 05:55am

Business & Finance

SST amounts, returns: SRB extends deadlines

KARACHI: Sindh Revenue Board (SRB) has extended the date of e-depositing the amounts of Sindh Sales Tax (SST) and...

Published 15 Mar, 2023 07:07am

Business & Finance

‘Taxpayers’ Satisfaction Survey (2023)’ 53pc of businesspeople file tax returns without any help

ISLAMABAD: Around 53 percent of business community has filed their annual income tax returns without any help from...

Updated 11 Mar, 2023 08:52am

Business & Finance

SHC dismisses petitions challenging tax on foreign assets

ISLAMABAD: The Sindh High Court (SHC) has dismissed the petitions challenging the levy of tax on foreign assets of a...

Updated 01 Jan, 2023 10:09am

Opinion

PARTLY FACETIOUS: A case of assets beyond means?

“So now what?” “So now shut up about Dar sahib’s case of assets beyond means.” “I thought he said...

Published 16 Nov, 2022 05:50am

Business & Finance

FBR urges LCCI members to submit tax returns on time

LAHORE: The Federal Board of Revenue has urged the Lahore Chamber of Commerce and Industry (LCCI) to ask its members...

Published 12 Nov, 2022 05:55am

Senate body members accuse FBR of harassing people

ISLAMABAD: Members of the Senate Standing Committee on Finance have accused the Federal Board of Revenue (FBR) of...

Updated 12 Nov, 2022 09:35am

Business & Finance

Tax returns: KCCI seeks extension in last date

KARACHI: The president of Karachi Chamber of Commerce & Industry (KCCI) Mohammed Tariq Yousuf has requested the...

Published 30 Oct, 2022 03:57am

Pakistan

Non-compliance allegation: SRB seals restaurant over sales tax returns

KARACHI: Sindh Revenue Board (SRB) on Friday sealed a restaurant located in the posh area of Clifton, Karachi,...

Published 14 May, 2022 04:05am

Business & Finance

KTBA takes strong exception to FBR’s show-cause notices

KARACHI: The Federal Board of Revenue (FBR) has started issuing notices, asking the taxpayers to show why the tax...

Published 26 Apr, 2022 05:20am

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

Markets →

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