Trends - Taxation - Business Recorder

Taxation

Agreed with IMF for RSF: MoF urges ministries to implement taxation measures

ISLAMABAD: The Ministry of Finance has urged the concerned ministries to ensure implementation of taxation measures...

Updated 10 Apr, 2025 09:28am

Editorials

The high cost of punitive taxation

EDITORIAL: The fundamentally flawed nature of the tax regime operational in Pakistan is both well-documented and...

Published 19 Mar, 2025 05:48am

Opinion

Pakistan’s taxation trap: overburdening formal economy feeds the informal

Tax compliance in Pakistan has been dismal for decades, and every increase in tax rates or the imposition of new...

Published 17 Mar, 2025 06:37am

BR Research

How overregulation is strangling Pakistan’s formal sector

In Pakistan’s evolving business landscape, the contrast between the formal and informal sectors is stark. On one...

Published 13 Mar, 2025 07:02am

Business & Finance

Rising costs, taxes dampen construction activity: ABAD

ISLAMABAD: The rising costs of construction materials, coupled with high taxation, have slowed construction activity...

Updated 09 Mar, 2025 07:07am

Business & Finance

BMP for curbing capital flight, brain drain

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel (BMP) on Monday...

Published 04 Mar, 2025 06:30am

Supplements

Excise, Taxation, and Narcotics Control Department:

A Year of Landmark Achievements Under CM Punjab Maryam Nawaz Sharif Under the visionary leadership of Chief ...

Published 27 Feb, 2025 06:44am

Transfer of raw material to sister co does not qualify as sale: SC

ISLAMABAD: The Supreme Court of Pakistan, while dismissing an appeal of the Federal Board of Revenue (FBR), ruled...

Updated 21 Feb, 2025 09:00am

Pakistan

Pakistan cannot afford ‘free riders’: Aurangzeb calls for fairer tax contribution

Stresses on documentation of parallel economy

Updated 20 Feb, 2025 09:56pm

Markets

Aurangzeb says Pakistan’s taxation, stabilisation measures offer lessons for other developing economies

Country addressing structural inefficiencies in revenue collection, energy, SOEs, and privatisation, finance minister writes in World Economic Forum

Updated 21 Jan, 2025 10:16pm

Business & Finance

LCCI holds seminar titled ‘real estate taxation’

LAHORE: The Lahore Chamber of Commerce and Industry has organized an important seminar on “Real Estate Taxation”...

Published 16 Jan, 2025 03:04am

Business & Finance

FBR invites proposals for budget FY2025-26

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue field formations and business community to...

Published 09 Jan, 2025 07:26am

Pakistan

PBC urges govt to avoid past mistakes, identifies five risks to Pakistan’s economy

The Pakistan Business Council (PBC), the country’s leading corporate advocacy platform, highlighted five major...

Updated 02 Jan, 2025 06:11pm

Opinion

Strategies on wealth management in uncertain times

The Asset management groups, in a recent move, are racing to pivot into opaque but lucrative regimes of private...

Updated 31 Dec, 2024 07:13am

Markets

Govt to abolish category of non-filers, finance minister affirms

Aurangzeb says there will be transitional pain but structural reforms are needed to run the country in the right direction

Updated 26 Sep, 2024 10:33pm

Business & Finance

Cabinet Committee approves PRAL’s board reconstitution

Proposal submitted by the Revenue Division

Updated 21 Sep, 2024 10:58pm

Business & Finance

Finance Minister Aurangzeb says private sector has to lead country

Pakistan’s Finance Minister Muhammad Aurangzeb on Monday said the government had no business being in business and...

Updated 09 Sep, 2024 11:24pm

Business & Finance

Textile, leather industry spells out factors hurting exports

ISLAMABAD: The country’s textile and leather industry has termed high electricity tariff, unsustainable taxation and...

Updated 29 Aug, 2024 09:26am

Editorials

Must act now

EDITORIAL: The persistently high gross financing needs present a significant risk to the economy, challenging the...

Updated 26 Aug, 2024 07:26am

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

Opinion

Taxation in Pakistan: taxing the untaxed elites

Chris Matthews’s famous quote “Paying tax is not a punishment. It’s a responsibility”. Most developed...

Updated 02 Jul, 2024 06:33am

New taxation steps come into effect today

Government enforces new taxation measures of Rs1.761 trillion

Updated 01 Jul, 2024 09:23am

Editorials

New taxation steps create a kind of tunnel vision

EDITORIAL: The government is desperate to increase its tax revenues to meet the International Monetary Fund (IMF)...

Published 01 Jul, 2024 07:01am

Taxation scope expanded for NRPs

ISLAMABAD: The government has expanded the scope of taxation with respect to those non-residents, who earn income in...

Updated 30 Jun, 2024 09:21am

Business & Finance

PTA rejects discriminatory taxation in Federal Budget 2024 -25

ISLAMABAD: Pakistan Tea Association (PTA) has expressed his profound concerns and apprehensions vis-a-vis proposed...

Published 28 Jun, 2024 05:41am

Pakistan

Formation of 40 standing bodies approved

ISLAMABAD: Following the presentation of the budget for the fiscal year 2024-25, a circular for the formation of 40...

Published 14 Jun, 2024 07:41am

Pakistan

Rs5.44trn Punjab budget presented

LAHORE: The Punjab government presented budget for financial year 2024-25 with a total outlay of Rs 5,446 billion in...

Published 14 Jun, 2024 06:31am

Senate panel informed: Upto Rs6trn tax leakage taking place annually

Finance Minister Muhammad Aurangzeb says massive tax leakage can be effectively checked through enforcement of tax laws

Updated 14 Jun, 2024 09:26am

Aurangzeb vows to raise tax-to-GDP ratio to 13pc

ISLAMABAD: Finance Minister Muhammad Aurangzeb, Thursday, defended taxation measures taken in the budget for the...

Updated 14 Jun, 2024 09:14am

Business & Finance

Punjab cabinet approves budget

LAHORE: “Neither new taxes imposed nor rate of existing taxes increased in the current budget,” Chief Minister...

Published 14 Jun, 2024 06:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	281.17
USD PKR Interbank Buying / Apr 25	280.97
USD to Japanese Yen / Apr 25	143.67
USD to Swiss Franc / Apr 25	0.83
Pound Sterling to USD / Apr 25	1.33
Euro to USD / Apr 25	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 25	5,525.21
India Sensex / Apr 25	79,212.53
Tokyo Nikkei / Apr 25	35,705.74
Nasdaq / Apr 25	17,382.94
Hang Seng / Apr 25	21,980.74
FTSE 100 / Apr 25	8,415.25
Dow Jones / Apr 25	40,113.50
Germany DAX 30 / Apr 25	22,242.45
France CAC40 / Apr 25	7,536.26

Item	Value
Crude Oil USD/Barrel / Apr 25	63.17
Karachi Cotton PKR/37.32 KG / Apr 25	16,985
Gold 10 Grams PKR / Apr 25	298,950
Gold Spot USD/Ounce / Apr 25	3,327.60
Cotton US¢/pound / Apr 25	68.80
Petrol/Litre / Apr 27	254.63
Diesel/Litre / Apr 27	258.64

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Apr 25 First Capital Equities Limited(FCEL)	4.92 ▲ 0.96 (24.24%)
PICIC Ins.Ltd. / Apr 25 PICIC Insurance Limited(PIL)	3.14 ▲ 0.5 (18.94%)
Dewan Mushtaq / Apr 25 Dewan Mushtaq Textile Mills Limited(DMTM)	7.99 ▲ 1 (14.31%)
Pak. P.V.C. / Apr 25 Pakistan PVC Limited(PPVC)	8.26 ▲ 1 (13.77%)
J.K.Spinning / Apr 25 J.K. Spinning Mills Limited(JKSM)	61.90 ▲ 5.63 (10.01%)
At-Tahur Ltd. / Apr 25 At-Tahur Limited(PREMA)	86.74 ▲ 7.89 (10.01%)
Shezan Inter. / Apr 25 Shezan International Limited(SHEZ)	203.03 ▲ 18.46 (10%)
Sunrays Textile / Apr 25 Sunrays Textile Mills Limited(SUTM)	156.38 ▲ 14.22 (10%)
PIA Holding Co.B / Apr 25 PIA Holding Company Limited B(PIAHCLB)	3,282.29 ▲ 298.39 (10%)
S.S.Oil / Apr 25 S.S.Oil Mills Limited(SSOM)	357.05 ▲ 32.46 (10%)

Stock	Price
Engro Powergen / Apr 25 Engro Powergen Qadirpur Limited(EPQL)	28.71 ▼ -10.13 (-26.08%)
Ghani Chemworld / Apr 25 Ghani Chemworld Limited(GCWL)	8 ▼ -1 (-11.11%)
Samba Bank / Apr 25 Samba Bank Limited(SBL)	8.01 ▼ -0.99 (-11%)
Arpak Int. / Apr 25 Arpak International Investments Ltd.(ARPAK)	56.66 ▼ -6.29 (-9.99%)
Blue-Ex Ltd / Apr 25 Blue-Ex Limited (GEM)(GEMBLUEX)	47.38 ▼ -5.26 (-9.99%)
Saif Power Ltd. / Apr 25 Saif Power Limited(SPWL)	12.31 ▼ -1.3 (-9.55%)
Shaheen Ins. / Apr 25 Shaheen Insurance Company Limited(SHNI)	5.25 ▼ -0.46 (-8.06%)
Equity Modaraba / Apr 25 First Equity Modaraba(FEM)	2.75 ▼ -0.24 (-8.03%)
GlaxoSmithKline / Apr 25 GlaxoSmithKline Pakistan Limited(GLAXO)	409.57 ▼ -34.89 (-7.85%)
AKD Hospitality / Apr 25 AKD Hospitality Limited(AKDHL)	136.65 ▼ -10.81 (-7.33%)

Stock	Volume
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	22,789,497 ▼ -0.02
Power Cement / Apr 25 Power Cement Limited(POWER)	21,965,614 ▼ -0.17
Sui South Gas / Apr 25 Sui Southern Gas Company Limited(SSGC)	21,567,163 ▼ -0.56
B.O.Punjab / Apr 25 The Bank of Punjab(BOP)	19,825,526 ▼ -0.08
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	17,030,953 ▼ -0.04
Aisha Steel Mill / Apr 25 Aisha Steel Mills Limited(ASL)	16,751,796 ▲ 0.59
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	16,717,262 ▼ -0.17
Pak Int.Bulk / Apr 25 Pakistan International Bulk Terminal(PIBTL)	16,382,803 ▲ 0.14
Sui North Gas / Apr 25 Sui Northern Gas Pipelines Limited(SNGP)	13,338,455 ▲ 0.33
Secure Logistics / Apr 25 Secure Logistics Group Limited(SLGL)	12,723,116 ▲ 1.13

Markets →

Budget 2024-25: income tax calculator for FY25

Taxation

Most Popular