Trends - tax revenue - Business Recorder

tax revenue

NFP, agri tax review: Provincial govts to face IMF scrutiny today

ISLAMABAD: The International Monetary Fund (IMF) team is set to question the provincial governments on Friday (Nov...

Updated 15 Nov, 2024 09:20am

FBR tells IMF: No need for contingency revenue measures

However, one proposal to impose lower rate of sales tax between 5 to 7 percent on petroleum products under examination

Updated 13 Nov, 2024 10:49am

Tax-to-GDP ratio drastically down in 2023-24

ISLAMABAD: The Tax-to-Gross Domestic Product (GDP) ratio drastically decreased from 9.22 percent in 2021-22 to 8.77...

Updated 08 Nov, 2024 09:41am

Editorials

The cost of political strife

EDITORIAL: Last weekend saw yet another fierce showdown transpiring between the PTI and the government following the...

Updated 12 Oct, 2024 08:12am

Strike and strife cost economy Rs190bn a day: minister

ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday said that national economy suffered cumulative losses of...

Updated 09 Oct, 2024 08:53am

Editorials

State of economy signals tougher times ahead

EDITORIAL: Finally, the IMF (International Monetary Fund) executive board with Pakistan’s programme on its agenda...

Published 19 Sep, 2024 06:37am

Business & Finance

PBIF chief for taking ‘difficult’ decisions

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

Published 15 Sep, 2024 02:45am

Pakistan

Crackdown launched on retailers selling non-tax-paid cigarettes

LAHORE: To address the escalating issue of illicit cigarette trade in Pakistan, a crackdown has been launched on...

Published 12 Sep, 2024 03:48am

Editorials

Tax revenue conundrum

EDITORIAL: As expected, the FBR (Federal Board of Revenue) is falling short of ambitious revenues targets in an...

Updated 09 Sep, 2024 07:47am

Opinion

Poverty trap – ‘terrible thing’ or ...?

You don’t have to be a finance professor at Princeton to understand that Pakistan is indeed “stuck in a poverty...

Published 22 Aug, 2024 06:58am

Opinion

Bring back zero-rating

Should the government ensure implementation of sales tax at the point-of-sale, ~Rs 293 billion in tax revenue could...

Updated 13 Aug, 2024 07:51am

FY24 ends with a budget deficit of 6.8pc of GDP

ISLAMABAD: The government has closed fiscal year 2023-24 with budget deficit of 6.8 percent of the gross domestic...

Updated 31 Jul, 2024 10:17am

Pakistan

Govt collects Rs518bn through e-Pay Punjab: PITB

LAHORE: The Punjab government has collected over Rs518 billion in tax revenue through e-Pay Punjab, an online...

Published 27 Jul, 2024 07:16am

Editorials

Informal economy

EDITORIAL: The size of Pakistan’s informal sector has been a cause for much consternation for our policymakers as...

Published 21 May, 2024 03:39am

2022-23 period: Army paid Rs100bn duties, taxes: DG ISPR

ISLAMABAD: Director General Inter-Services Public Relations (DG ISPR) Maj-Gen Ahmed Sharif on Tuesday said the...

Updated 08 May, 2024 09:18am

9MFY24 collection: Provinces given 53pc of total revenue under NFC Award

ISLAMABAD: The provinces were transferred 53 percent of the total tax revenue collected during the first nine months...

Updated 03 May, 2024 09:31am

9MFY24: Fiscal deficit recorded at Rs3.902trn

ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine...

Updated 01 May, 2024 09:20am

Opinion

The way forward for Pakistan

“Rather than going cap-in-hand asking for new finance, the new government and its backers in the establishment and...

Published 17 Apr, 2024 05:28am

SIFC helps FBR collect Rs6.71trn in Jul-Mar FY24

The government is likely to achieve its Rs 9.415 trillion revenue collection target for 2023-24

Updated 09 Apr, 2024 09:50am

Editorials

Bringing traders into the tax net

EDITORIAL: Successive governments in Pakistan have tried and failed to bring the country’s traders and retailers...

Updated 27 Mar, 2024 05:07am

Business & Finance

Wholesale, retail, real estate sectors: PBC estimates Rs747bn potential annual tax revenue

KARACHI: The Pakistan Business Council (PBC) estimates potential annual tax revenue of Rs. 747bn from wholesale,...

Published 26 Mar, 2024 04:20am

Business & Finance

Govt collects Rs400bn tax revenue through e-Pay Punjab

LAHORE: The Punjab government has collected record tax revenue of over Rs 400 billion through e-Pay Punjab, an ...

Published 26 Mar, 2024 04:20am

Broadening tax base: PM seeks report on phase-wise economic reforms

ISLAMABAD: Prime Minister Shehbaz Sharif presiding over a high-level meeting on Wednesday to discuss proposals with...

Updated 21 Mar, 2024 09:54am

Opinion

Time to revisit the NFC Award

Notwithstanding the recent IMF demand to amend the existing NFC award, there is a longstanding need to address the...

Published 19 Mar, 2024 04:53am

Markets

Listed securities: PSX for bringing CGT rates in line with CGT rates on sale of immovable property

KARACHI: Pakistan Stock Exchange (PSX) has proposed that Capital Gain Tax (CGT) rates on listed securities be ...

Published 16 Mar, 2024 06:26am

Business & Finance

Digitalisation of tax system: PSMA for QR Code printed polypropylene bags

ISLAMABAD: The new government needs to replace printed paper stamps for the sugar industry under the Track and Trace...

Published 16 Mar, 2024 06:26am

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

World

Palestinian Authority: Yellen says Israel resuming revenue transfers

SAO PAULO: Israel has agreed to resume tax revenue transfers to the Palestinian Authority to fund basic services and...

Published 28 Feb, 2024 06:10am

Business & Finance

High FED on cigarettes helps boost tax revenue, reduce consumption

ISLAMABAD: The government’s policy decision to raise the Federal Excise Duty (FED) on cigarettes has resulted in a...

Published 26 Feb, 2024 05:07am

Steel industry: PM orders FBR to resolve issues on priority basis

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed concerned authorities and the Federal Board of...

Updated 16 Feb, 2024 09:20am

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

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