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Taxes

Taxation machinery: PM proclaims carrot-and-stick approach

Warns that those who will not work, will be subjected to penalties

Updated a day ago

Sales tax, federal excise: FBR extends date of filing returns

ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date of submission of Sales Tax and Federal Excise...

Updated 2 days ago

Business & Finance

FDI in real estate sector: Foreign investor recommends 10-year tax holiday

ISLAMABAD: A leading foreign investor in real estate sector has strongly recommended a ten-year tax holiday for...

Published 2 days ago

Opinion

Pakistan’s window of opportunity

The world is at a pivotal juncture in global economic history. The international trade landscape is undergoing a...

Published 17 Apr, 2025 06:22am

Business & Finance

World Bank urges developing states to lower tariffs, focus on regional trade

WASHINGTON: World Bank President Ajay Banga urged developing countries on Wednesday to liberalize trade, saying many...

Published 17 Apr, 2025 05:42am

Business & Finance

Collection of withholding tax: Footwear manufacturer fails to defy notice

LAHORE: A footwear manufacturer failed to defy a show-cause notice regarding collection of withholding tax. The...

Published 16 Apr, 2025 08:05am

Editorials

Relief for the salaried people

EDITORIAL: Finance Minister Muhammad Aurangzeb after attending the inauguration ceremony of ‘Made in Gujranwala...

Published 16 Apr, 2025 06:14am

SC CB asks whether super tax is a ‘tax’ or ‘fee’

ISLAMABAD: Supreme Court Judge Justice Muhammad Ali Mazhar has said that if the apex court concludes that the levy...

Updated 16 Apr, 2025 08:55am

Pakistan

Minister pledges balanced budget without imposing taxes

LAHORE: Punjab Minister for Finance Mujtaba Shuja-ur-Rehman has reiterated the government’s commitment to public...

Updated 16 Apr, 2025 08:09am

Business & Finance

Rs40bn revenue loss claimed: Tea Association seeks immediate withdrawal of SRO 1735

KARACHI: The Pakistan Tea Association (PTA) has called for the immediate withdrawal of SRO 1735, claiming the...

Published 16 Apr, 2025 05:55am

Business & Finance

Tobacco control policies & taxation framework: FTT asks FBR to scrutinise data provided by int’l bodies/NGOs

ISLAMABAD: Fair Trade in Tobacco (FTT), a think tank has asked the Federal Board of Revenue, and the Ministry of...

Published 15 Apr, 2025 07:24am

Salaried class: Call for revision of tax slabs, rise in exemption limits

ISLAMABAD: The Salaried Class Alliance Pakistan has called for a revision of tax slabs, an increase in exemption...

Updated 14 Apr, 2025 08:56am

Pakistan

After expiry of Grid Levy Ord: IHC directs AGP to refund levy sums to CPPs

ISLAMABAD: The Islamabad High Court (IHC) has directed the Attorney General for Pakistan (AGP) to refund all amount...

Published 12 Apr, 2025 05:40am

Business & Finance

Weak enforcement: Illicit cigarette trade causing huge losses

LAHORE: Pakistan continues to suffer massive tax losses due to the unchecked rise of the illicit cigarette trade,...

Published 11 Apr, 2025 07:24am

Business & Finance

‘More steps needed to ensure long-term economic stability’

KARACHI: President of Federation of Pakistan Chambers of Commerce and Industry, President of ECO Chamber of Commerce...

Published 11 Apr, 2025 06:12am

Editorials

Growth rate downgrade

EDITORIAL: Asian Development Bank has downgraded Pakistan’s growth rate to 2.5 percent for the current year, against...

Published 11 Apr, 2025 05:38am

Editorials

Protecting taxpayer data

EDITORIAL: The Federal Board of Revenue’s (FBR’s) recent decision to classify taxpayers’ data as critical...

Published 08 Apr, 2025 05:56am

Foreign assets immune from taxes: ATIR

ISLAMABAD: Appellate Tribunal Inland Revenue (ATIR) Lahore has ruled that any foreign assets declared under the...

Updated 08 Apr, 2025 09:27am

SC to take up pleas against Super Tax tomorrow

ISLAMABAD: The constitutional bench of the Supreme Court will take up petitions against Sections 4B and 4C of the...

Updated 06 Apr, 2025 11:28am

Aurangzeb talks about approach to economy

Finance minister says country’s foreign exchange reserves to reach $13 billion by June end

Updated 06 Apr, 2025 07:29pm

Business & Finance

Aurangzeb pledges exports for sustainable development

Expresses satisfaction that the auto sector has started exports in the last two months

Updated 05 Apr, 2025 07:07pm

PM announces cut in power tariffs

Declares a decrease in electricity prices for residential consumers by Rs7.41 per unit

Updated 04 Apr, 2025 03:29pm

Business & Finance

Beverages, cotton bales: FBR decides to install production line counter system

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to install production counting system across the beverage...

Published 04 Apr, 2025 05:22am

Opinion

Pakistan’s roadmap to crypto legalization—V

The taxation of cryptocurrency assets in Pakistan plays an important role in the broader framework of legalizing...

Published 03 Apr, 2025 05:49am

Traders say economic stability not possible with ‘anti-business’ actions

PESHAWAR: Members of the business community asserted economic stability cannot come amid government’ ‘anti-business’...

Updated 31 Mar, 2025 10:19am

Opinion

‘Unconstitutional’ windfall tax—II

Discriminatory without intelligible differentia [Points 7 & 8] The Supreme Court of Pakistan in Federation of...

Published 30 Mar, 2025 06:17am

March revenue collection plan falls short of target

ISLAMABAD: The Federal Board of Revenue (FBR) has suffered a shortfall below Rs 100 billion during March 2025. A top...

Updated 30 Mar, 2025 08:50am

Editorials

A tax framework designed to fail

EDITORIAL: The country’s fundamentally flawed tax system has long undermined the business environment, slowed...

Published 28 Mar, 2025 06:24am

Opinion

‘Unconstitutional’ windfall tax–I

Banks have regular windfall income from dealing in foreign currencies – oxymoronic treatment by SRO. 1588(I)/2023...

Published 28 Mar, 2025 06:15am

Teachers: federal cabinet restores 25pc income tax rebate

ISLAMABAD: Following intervention of the Federal Tax Ombudsman (FTO), the Federal Cabinet has restored 25 percent...

Updated 28 Mar, 2025 02:10pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	280.70
USD PKR Interbank Buying / Apr 18	280.45
USD to Japanese Yen / Apr 18	142.18
USD to Swiss Franc / Apr 18	0.82
Pound Sterling to USD / Apr 18	1.33
Euro to USD / Apr 18	1.14
UK LIBOR % / Apr 18	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
India Sensex / Apr 17	78,553.20
Nasdaq / Apr 17	16,286.45
Hang Seng / Apr 17	21,395.14
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
Tokyo Nikkei / Apr 18	34,730.28

Item	Value
Crude Oil USD/Barrel / Apr 18	64.68
Karachi Cotton PKR/37.32 KG / Apr 18	16,985
Gold 10 Grams PKR / Apr 18	299,811
Gold Spot USD/Ounce / Apr 18	3,326.85
Cotton US¢/pound / Apr 18	67.13
Petrol/Litre / Apr 21	254.63
Diesel/Litre / Apr 21	258.64

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Apr 18 PICIC Insurance Limited(PIL)	3.44 ▲ 0.99 (40.41%)
Universal Ins. / Apr 18 The Universal Insurance Company Limited(UVIC)	10.36 ▲ 0.99 (10.57%)
Oilboy Energy / Apr 18 Oilboy Energy Limited(OBOY)	10.91 ▲ 1 (10.09%)
Popular Islamic / Apr 18 Popular Islamic Modaraba(PIM)	13.70 ▲ 1.25 (10.04%)
Safe Mix Con.Lt / Apr 18 Safe Mix Concrete Limited(SMCPL)	18.11 ▲ 1.65 (10.02%)
Bunnys Limited / Apr 18 Bunnys Limited(BNL)	26.91 ▲ 2.45 (10.02%)
Nimir Resins / Apr 18 Nimir Resins Limited(NRSL)	46.70 ▲ 4.25 (10.01%)
At-Tahur Ltd. / Apr 18 At-Tahur Limited(PREMA)	63.90 ▲ 5.81 (10%)
Bawany Air Products / Apr 18 Bawany Air Products Limited(BAPL)	35.63 ▲ 3.24 (10%)
Sunrays Textile / Apr 18 Sunrays Textile Mills Limited(SUTM)	97.10 ▲ 8.83 (10%)

Stock	Price
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	0.64 ▼ -0.43 (-40.19%)
Shaheen Ins. / Apr 18 Shaheen Insurance Company Limited(SHNI)	5.84 ▼ -1.33 (-18.55%)
Century Ins. / Apr 18 Century Insurance Company Limited(CENI)	41.25 ▼ -8.57 (-17.2%)
Escorts Bank / Apr 18 Escorts Investment Bank Limited(ESBL)	5.86 ▼ -0.98 (-14.33%)
Sec. Inv. Bank / Apr 18 Security Investment Bank Limited(SIBL)	9.50 ▼ -1.55 (-14.03%)
Habib Ins. / Apr 18 Habib Insurance Company Limited(HICL)	6.92 ▼ -0.69 (-9.07%)
Gulshan Sp. / Apr 18 Gulshan Spinning Mills Limited(GSPM)	3.18 ▼ -0.3 (-8.62%)
Trust Sec.& Brok. / Apr 18 Trust Securities & Brokerage Limited(TSBL)	12.87 ▼ -1.1 (-7.87%)
First Fid. Leasing / Apr 18 First Fidelity Leasing Modaraba(FFLM)	2 ▼ -0.16 (-7.41%)
Zephyr Textile / Apr 18 Zephyr Textiles Limited(ZTL)	11.56 ▼ -0.92 (-7.37%)

Stock	Volume
Sui South Gas / Apr 18 Sui Southern Gas Company Limited(SSGC)	38,238,255 ▲ 1.64
Pak Int.Bulk / Apr 18 Pakistan International Bulk Terminal(PIBTL)	30,965,499 ▲ 0.18
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	22,907,790 ▲ 0.09
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	17,544,373 ▲ 0.01
Maple Leaf Cement / Apr 18 Maple Leaf Cement Factory Limited(MLCF)	12,813,509 ▲ 0.94
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	11,614,194 ▲ 0
Pak Elektron / Apr 18 Pak Elektron Limited(PAEL)	10,998,433 ▼ -0.42
Habib Bank / Apr 18 Habib Bank Limited(HBL)	9,362,714 ▼ -5.52
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	9,098,065 ▼ -0.43
B.O.Punjab / Apr 18 The Bank of Punjab(BOP)	8,925,360 ▼ -0.09

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