Trends - tax revenues - Business Recorder

tax revenues

World Bank rates $118m KP project as ‘moderately satisfactory’

ISLAMABAD: The World Bank has rated the implementation progress of the “Khyber Pakhtunkhwa Revenue Mobilization and...

Updated 11 May, 2025 09:49am

Pakistan

PDP assails govts over poor infrastructure of Karachi

KARACHI: Poor infrastructure of the megacity Karachi is the main hindrance to its development but sadly the federal...

Published 31 Mar, 2025 04:08am

ACT Alliance report: Tax regime inflicts huge losses on economy

ISLAMABAD: Pakistan’s economy is losing over a staggering Rs300 billion annually due to an unsustainable tax regime,...

Updated 13 Mar, 2025 08:43am

Opinion

Unravelling cigarette tax revenue mystery

The first half of fiscal year 2025 has painted a perplexing picture of Pakistan’s cigarette industry. The latest...

Published 11 Mar, 2025 06:25am

Editorials

EFF arrangement: the first review

EDITORIAL: The IMF (International Monetary Fund) mission is currently in Pakistan to conduct the first review under...

Updated 07 Mar, 2025 06:35am

BR Research

Fiscal gains with pain

The fiscal consolidation continues. In 1HFY25, the government posted the lowest fiscal deficit as a percentage of...

Published 11 Feb, 2025 08:54am

Editorials

Controlling smuggling

EDITORIAL: Prime Minister Shehbaz Sharif’s call for enhanced technological measures to check smuggling is not only...

Published 22 Jan, 2025 06:15am

Pakistan

Global poll: ‘Almost half of taxpayers don’t see their taxes being spent for public good’

KARACHI: Across the globe taxpayers support the idea of a fiscal contract – citizens agreeing to pay tax in...

Published 22 Dec, 2024 02:57am

Opinion

Falling industrial production

The statistics on the Quantum Index of Manufacturing (QIM) has been released recently for the first quarter of...

Updated 03 Dec, 2024 06:30am

FCDO supports reforms programme: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb chaired a meeting with Melinda Bohannon,...

Updated 03 Dec, 2024 09:20am

Standardising financial regimes: Aurangzeb highlights importance

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, held a meeting with a delegation of...

Updated 27 Nov, 2024 09:21am

BR Research

IMF: Steady does it

The IMF’s “no surprises” visit comes to a close and the team has gone back. The mission was here for a stock-taking...

Published 18 Nov, 2024 08:49am

Business & Finance

LoI to IMF: govt pledges fiscal discipline

ISLAMABAD: The government has committed to the International Monetary Fund (IMF) that it would contain non-priority...

Published 12 Oct, 2024 06:17am

Opinion

Will Pakistan ever break free from the IMF cycle?

“You can’t solve a problem with the same mindset that created it.” This quotation, attributed to Albert...

Updated 04 Oct, 2024 08:34am

Business & Finance

CG praises role of American businesses in Pakistan

KARACHI: The Consul General of the United States of America in Karachi Scott Urbom has said that American businesses...

Published 04 Oct, 2024 06:46am

Finally, $7bn EFF approved by IMF board

First loan tranche of nearly $1.1 billion is likely to be received by September 30

Updated 26 Sep, 2024 02:21pm

Pakistan

PDP leader says federal budget won’t help improve economy

KARACHI: This budget like the previous ones is also dictated by the International Monetary Fund (IMF) and it would ...

Published 15 Jun, 2024 06:57am

BR Research

Too far gone!

The stability of the Pakistani economy—and ultimately its frequent collapses—hinges greatly on how subsequent...

Published 13 Jun, 2024 08:12am

Business & Finance

Most of budget targets in line with IMF guidelines: analysts

KARACHI: The federal budget will continue the fiscal consolidation seen last year and most of the targets are in ...

Published 13 Jun, 2024 06:22am

Opinion

Need for a balanced revenue-sharing framework

One of the key demands of the IMF is to increase the tax-to-GDP ratio to 13-14 percent by the end of the upcoming...

Updated 20 May, 2024 06:21am

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

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

Editorials

Fiscal house needs repairs

EDITORIAL: The fiscal summary is a mixed bag in 1HFY24 (first six months of fiscal year 2023-24) as the government...

Published 02 Feb, 2024 05:20am

‘Innovative’ plan set to reduce circular debt

ISLAMABAD: Caretaker Minister for Power and Petroleum, Muhammad Ali, has set an extremely ambitious circular debt...

Updated 31 Jan, 2024 09:32am

BR Research

Circular debt settlement plan

The circular debt settlement plan of Rs1,268 billion developed by the Ministry of Energy (MoE) is making rounds in...

Published 24 Jan, 2024 07:53am

Business & Finance

Rs66bn more than target: Jul-Oct provisional collection stands at Rs2.748trn

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs2,748 billion during the first four...

Updated 01 Nov, 2023 09:05am

ADB revises growth downward to 1.9pc: Inflation revised upward to 25pc from 15pc

ISLAMABAD: The Asian Development Bank (ADB) has revised Pakistan’s GDP growth forecast for the fiscal year 2024 down...

Updated 21 Sep, 2023 09:37am

Opinion

IMF’s SBF

The IMF Stand-By Facility (SBF) of $3 billion has been in operation for two weeks now. Already, there is a big...

Published 01 Aug, 2023 06:19am

Expectedly, IMF board approves $3bn 9-mth SBA

The Board’s approval allows for immediate disbursement of about US$1.2 billion

Updated 13 Jul, 2023 10:05am

Productivity, export and debt: SBP asks govt to exercise greater prudence

Assessment of macroeconomic dynamics reveals a number of challenges for the banking sector and the repayment capacity of borrowers may come under stress

Updated 08 Jul, 2023 05:14pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	281.78
USD PKR Interbank Buying / May 14	281.68
USD to Japanese Yen / May 14	147.13
USD to Swiss Franc / May 14	0.84
Pound Sterling to USD / May 14	1.33
Euro to USD / May 14	1.12
UK LIBOR % / May 13	4.96

Stock	Volume
S&P 500 / May 13	5,886.55
Nasdaq / May 13	19,010.09
Dow Jones / May 13	42,140.43
India Sensex / May 14	81,497.76
Tokyo Nikkei / May 14	38,113.18
Hang Seng / May 14	23,504.69
FTSE 100 / May 14	8,607.88
Germany DAX 30 / May 14	23,613.03
France CAC40 / May 14	7,846.03

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	16,985
Gold 10 Grams PKR / May 13	295,096
Cotton US¢/pound / May 13	66.61
Petrol/Litre / May 14	252.63
Crude Oil USD/Barrel / May 14	63.39
Gold Spot USD/Ounce / May 14	3,234.38
Diesel/Litre / May 14	256.64

Gainers
Losers
Leaders

Stock	Price
Ghani Chemworld / May 14 Ghani Chemworld Limited(GCWL)	8.14 ▲ 1 (14.01%)
Al-Shaheer Corp / May 14 Al Shaheer Corporation Limited(ASC)	7.72 ▲ 0.84 (12.21%)
B. F. Mod. / May 14 B.F. Modaraba(BFMOD)	9.34 ▲ 1 (11.99%)
AN Textile Mill / May 14 AN Textile Mills Limited(ANTM)	10.79 ▲ 1 (10.21%)
S.G.Power / May 14 S.G. Power Limited(SGPL)	7.71 ▲ 0.71 (10.14%)
Hala Enterprise / May 14 Hala Enterprises Limited(HAEL)	12.05 ▲ 1.1 (10.05%)
Dewan Motors / May 14 Dewan Farooque Motors Limited(DFML)	36.03 ▲ 3.28 (10.02%)
Bunnys Limited / May 14 Bunnys Limited(BNL)	28.01 ▲ 2.55 (10.02%)
Flying Cement / May 14 Flying Cement Company Limited(FLYNG)	44.96 ▲ 4.09 (10.01%)
LSE Financial Serv. / May 14 LSE Financial Services Limited(LSEFSL)	21.99 ▲ 2 (10.01%)

Stock	Price
Dewan Mushtaq / May 14 Dewan Mushtaq Textile Mills Limited(DMTM)	8.83 ▼ -0.97 (-9.9%)
Bilal Fibres / May 14 Bilal Fibres Limited(BILF)	17.72 ▼ -1.87 (-9.55%)
Kohinoor Mills / May 14 Kohinoor Mills Limited(KML)	29.17 ▼ -2.75 (-8.62%)
TPL Trakker Ltd / May 14 TPL Trakker Limited(TPLT)	6.06 ▼ -0.53 (-8.04%)
IbrahimFibres / May 14 Ibrahim Fibres Limited(IBFL)	321.92 ▼ -26.51 (-7.61%)
F.Credit & Inv / May 14 First Credit and Investment Bank Limited(FCIBL)	7.41 ▼ -0.58 (-7.26%)
Dadabhoy Cement / May 14 Dadabhoy Cement Industries Limited(DBCI)	4.51 ▼ -0.29 (-6.04%)
Merit Packaging / May 14 Merit Packaging Limited(MERIT)	9.01 ▼ -0.54 (-5.65%)
Samba Bank / May 14 Samba Bank Limited(SBL)	8.75 ▼ -0.52 (-5.61%)
Ist.Capital Sec / May 14 First Capital Securities Corporation(FCSC)	1.37 ▼ -0.08 (-5.52%)

Stock	Volume
At-Tahur Ltd. / May 14 At-Tahur Limited(PREMA)	38,761,905 ▲ 4.08
Fauji Cement / May 14 Fauji Cement Company Limited(FCCL)	36,170,971 ▲ 0.33
Sui South Gas / May 14 Sui Southern Gas Company Limited(SSGC)	32,384,781 ▲ 3.28
WorldCall Telecom / May 14 Worldcall Telecom Limited(WTL)	22,631,360 ▼ -0.01
Pak Refinery / May 14 Pakistan Refinery Limited(PRL)	20,536,680 ▲ 1.59
D.G.K.Cement / May 14 D.G. Khan Cement Company Limited(DGKC)	19,418,708 ▼ -3.26
Power Cement / May 14 Power Cement Limited(POWER)	19,235,608 ▲ 0.05
Cnergyico PK / May 14 Cnergyico PK Limited(CNERGY)	19,025,407 ▲ 0.04
B.O.Punjab / May 14 The Bank of Punjab(BOP)	16,672,255 ▼ -0.05
K-Electric Ltd. / May 14 K-Electric Limited(KEL)	15,717,046 ▼ -0.05

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