Trends - Taxes - Business Recorder

Taxes

Non-filers in focus: don’t bite off more…

EDITORIAL: The government is proposing the Tax Laws (Amendment) Bill, 2024, which introduces a new category of...

Updated 24 Jan, 2025 07:33am

Business & Finance

PHMA Chairman urges govt to focus on housing sector

LAHORE: Sardar Usman Ghani, the central chairman of Pakistan Hardware Merchant Association, has suggested in a...

Published 23 Jan, 2025 07:32am

Business & Finance

PTBA proposes forming body to evaluate pending tax cases

KARACHI: Pakistan Tax Bar Association (PTBA) has proposed establishing a specialized steering committee to evaluate...

Published 22 Jan, 2025 07:11am

NA panel says concerned at some clauses of Tax Laws (Amendment) Bill

ISLAMABAD: National Assembly Standing Committee on Finance and Revenue expressed concern over some clauses of Tax...

Updated 22 Jan, 2025 10:15am

Winding up of PTB: Aurangzeb urged to revisit decision

ISLAMABAD: Officials of the Pakistan Tobacco Board (PTB) have urged Finance Minister Senator Muhammad Aurangzeb to...

Updated 22 Jan, 2025 09:36am

Business & Finance

Improved tax system: Furniture Association presents suggestions

LAHORE: The Furniture Association presented recommendations to improve the tax system and reaffirmed its commitment...

Published 22 Jan, 2025 06:06am

World

Scholz vows to ‘defend free trade’ after Trump tariff threat

DAVOS: German Chancellor Olaf Scholz said Tuesday that he would “defend free trade as the basis of our prosperity”,...

Published 21 Jan, 2025 07:03pm

Amended tax laws to tighten noose on non-filers

Changes in withholding tax regime to be done in the coming budget (2025-26)

Updated 20 Jan, 2025 03:27pm

Regional Tax Office Sahiwal: Advisers approach FBR chief against tax officers

ISLAMABAD: Tax advisers have approached Chairman Federal Board of Revenue (FBR) against tax officers of Regional Tax...

Updated 20 Jan, 2025 02:54pm

Editorials

Tackling tobacco consumption

EDITORIAL: In grim news for public health in Pakistan, it has emerged that the country’s annual smoking-related...

Published 20 Jan, 2025 05:31am

‘Ineligible persons’: FBR creates data governance office

ISLAMABAD: The Federal Board of Revenue (FBR) has created a “Data Governance Office” for registration and action...

Updated 18 Jan, 2025 03:11pm

Corporate sector contributes Rs3,061bn as income tax

ISLAMABAD: The corporate sector contributed Rs 3,061 billion as income tax during 2023-24, according to a new...

Updated 09 Jan, 2025 02:10pm

FBR tax collection: Contribution of LTO Karachi highest

ISLAMABAD: The contribution of Large Taxpayer Office (LTO) Karachi in overall tax collection (income tax, sales tax,...

Updated 09 Jan, 2025 03:09pm

Business & Finance

‘NKATI ready to work with all associations for budget proposals’

KARACHI: Faisal Maize Khan, President of the North Karachi Association of Trade and Industry (NKATI), has stated the...

Published 08 Jan, 2025 06:26am

Pakistan

‘Ineligible persons’: stock brokers urge Aurangzeb for consultation on Tax Law (Amendment) Act

KARACHI: Pakistan Stock Brokers Association (PSBA) has urged Finance Minister Muhammad Aurangzeb to consult...

Updated 07 Jan, 2025 10:12pm

Opinion

Review of the IMF programme

This is the appropriate time to review progress on implementation of the reforms committed to the IMF in the new IMF...

Updated 07 Jan, 2025 07:22am

Tax evasion: FBR seeks data from different countries

ISLAMABAD: The Federal Board of Revenue (FBR) has processed 30 requests received from international tax...

Updated 07 Jan, 2025 08:54am

ATIR rejects e-scanned signatures of overseas Pakistani

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Islamabad has issued an order against an overseas Pakistani...

Updated 07 Jan, 2025 09:25am

FBR voices concern over disparities in tax compliance

ISLAMABAD: The Federal Board of Revenue (FBR) has expressed serious concern over significant disparities in tax...

Updated 06 Jan, 2025 09:30am

Unrecognised educational institutions: FTO to file report to president on tax affairs

ISLAMABAD: The Federal Tax Ombudsman (FTO) will file a comprehensive report to President of Pakistan on a reference...

Updated 06 Jan, 2025 03:17pm

FBR makes commitment of open dialogue with stakeholders

ISLAMABAD: Rashid Mahmood Chairman FBR/ Secretary Revenue Division has taken a major decision to restore trust of...

Updated 06 Jan, 2025 03:12pm

Business & Finance

ATIR urges FBR to act efficiently in executing tax demands

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) has held that long silence and inaction by Federal Board of...

Published 03 Jan, 2025 07:35am

Business & Finance

Tax reductions can help boost sales: APCMA: Dec domestic cement despatches fall 4.76pc YoY

LAHORE: Referring to a 4.76 percent decline in domestic cement despatches during the month of December 2024, the All...

Published 03 Jan, 2025 07:28am

Tax on foreign property income: PTBA for larger bench to address ‘conflicting rulings’

KARACHI: The Pakistan Tax Bar Association (PTBA) has called for a larger bench to address conflicting rulings on the...

Updated 03 Jan, 2025 08:53am

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

Coercive interpretation of fiscal laws: IHC slaps heavy penalties on FBR officers

ISLAMABAD: The Islamabad High Court (IHC) in a major decision has set a precedent by imposing significant costs on...

Updated 02 Jan, 2025 08:53am

Opinion

Prospects for 2025

The year 2025 will come after a year which has witnessed both positive and negative trends. The GDP growth rate has...

Updated 31 Dec, 2024 07:02am

Business & Finance

PBF demands govt restructure tax machinery

LAHORE: Pakistan Business Forum (PBF) has called on the federal government to restructure the Federal Board of...

Published 31 Dec, 2024 06:32am

Around Rs148bn shortfall: FBR likely to collect Rs1.225trn this month

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect Rs1,225 billion during December 2024 against...

Updated 31 Dec, 2024 09:15am

Editorials

Move to facilitate overseas Pakistanis

EDITORIAL: In a move purported to be for the benefit of overseas Pakistanis, the FBR has announced the launch of an...

Updated 31 Dec, 2024 06:57am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 24	278.80
USD PKR Interbank Buying / Jan 24	278.60
USD to Japanese Yen / Jan 24	155.40
USD to Swiss Franc / Jan 24	0.90
Pound Sterling to USD / Jan 24	1.24
Euro to USD / Jan 24	1.05

Stock	Volume
S&P 500 / Jan 23	6,118.71
Nasdaq / Jan 23	20,053.68
Dow Jones / Jan 23	44,565.07
India Sensex / Jan 24	76,784.63
Tokyo Nikkei / Jan 24	39,931.98
Hang Seng / Jan 24	20,060.52
FTSE 100 / Jan 24	8,559.56
Germany DAX 30 / Jan 24	21,482.67

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 23	18,485
Gold 10 Grams PKR / Jan 23	245,799
Crude Oil USD/Barrel / Jan 24	74.61
Gold Spot USD/Ounce / Jan 24	2,774.04
Cotton US¢/pound / Jan 24	67.94
Petrol/Litre / Jan 25	256.13

Gainers
Losers
Leaders

Stock	Price
Escorts Bank / Jan 24 Escorts Investment Bank Limited(ESBL)	6.79 ▲ 1.00 (17.27%)
Khalid Siraj / Jan 24 Khalid Siraj Textile Mills Limited(KSTM)	9.05 ▲ 0.95 (11.73%)
Agritech Limited / Jan 24 Agritech Limited(AGL)	52.46 ▲ 4.77 (10.00%)
Loads Limited / Jan 24 Loads Limited(LOADS)	18.92 ▲ 1.72 (10.00%)
Sardar Chemical / Jan 24 Sardar Chemical Industries Limited(SARC)	35.75 ▲ 3.25 (10.00%)
Leather Up Ltd. / Jan 24 Leather Up Limited(LEUL)	33.36 ▲ 3.03 (9.99%)
Shezan Inter. / Jan 24 Shezan International Limited(SHEZ)	148.17 ▲ 13.46 (9.99%)
Saritow Spinning / Jan 24 Saritow Spinning Mills Limited(SSML)	11.13 ▲ 1.01 (9.98%)
Ellcot Spinning / Jan 24 Ellcot Spinning Mills Limited(ELSM)	113.60 ▲ 10.30 (9.97%)

Stock	Price
Mandviwala / Jan 24 Mandviwala Mauser Plastic Industries(MWMP)	19.13 ▼ -2.12 (-9.98%)
Gulistan Sp. / Jan 24 Gulistan Spinning Mills Limited(GUSM)	9.84 ▼ -1.09 (-9.97%)
Zahid Jee Textile / Jan 24 Zahidjee Textile Mills Limited(ZAHID)	27.24 ▼ -2.97 (-9.83%)
Crescent Cotton / Jan 24 Crescent Cotton Mills Limited(CCM)	48.50 ▼ -5.02 (-9.38%)
Ashfaq Textile / Jan 24 Ashfaq Textile Mills Limited(ASHT)	14.15 ▼ -1.35 (-8.71%)
Dawood Lawrencepur / Jan 24 Dawood Lawrencepur Limited(DLL)	302.50 ▼ -19.20 (-5.97%)
Elahi Cot. / Jan 24 Elahi Cotton Mills Limited(ELCM)	105 ▼ -6.00 (-5.41%)
Hussain Industries / Jan 24 Husein Industries Limited(HUSI)	28.01 ▼ -1.41 (-4.79%)
The Thal Ind.Corp. / Jan 24 The Thal Industries Corporation Limited(TICL)	295.01 ▼ -13.99 (-4.53%)

Stock	Volume
Cnergyico PK / Jan 24 Cnergyico PK Limited(CNERGY)	143,693,542 ▼ -0.10
WorldCall Telecom / Jan 24 Worldcall Telecom Limited(WTL)	78,194,783 ▼ -0.01
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	57,202,439 ▲ 3.90
Fauji Cement / Jan 24 Fauji Cement Company Limited(FCCL)	47,170,217 ▼ -0.65
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	35,630,848 ▼ -0.46
Citi Pharma Ltd / Jan 24 Citi Pharma Ltd.(CPHL)	32,528,835 ▼ -2.50
The Searle Co. / Jan 24 The Searle Company Limited(SEARL)	26,563,258 ▲ 5.41
Maple Leaf Cement / Jan 24 Maple Leaf Cement Factory Limited(MLCF)	26,433,374 ▼ -0.94
Fauji Foods Ltd / Jan 24 Fauji Foods Limited(FFL)	22,111,604 ▼ -0.06

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