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taxpayers

Taxpayers accused of defying taxation law

LAHORE: In a brazen display of disregard for the law, taxpayers in Pakistan continued to defy the Federal Excise Act...

Published 31 Oct, 2024 07:26am

PTBA assails DGI&I’s policies

KARACHI: The Pakistan Tax Bar Association (PTBA) has criticised the Directorate General of Intelligence and...

Published 31 Oct, 2024 06:18am

Business & Finance

Reactivation of SIMs of non-filers: FTO directs FBR to issue SOP for guidance

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to instruct Member-IR...

Published 29 Oct, 2024 03:27am

Corporate sector: Only 5,000 big cos are practically compliant taxpayers

ISLAMABAD: Only 5,000 big companies are practically compliant taxpayers within the corporate sector and paying 90...

Updated 28 Oct, 2024 02:43pm

High-net worth individuals: FBR starts receiving data from Nadra

ISLAMABAD: The Federal Board of Revenue (FBR) has started receiving data from the National Database and Registration...

Updated 26 Oct, 2024 09:29am

Business & Finance

Revenue collection: PM orders use of modern tech by FBR

ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday chaired a high-level meeting to ignite reforms in Federal Board...

Published 25 Oct, 2024 06:28am

Markets

PM Shehbaz urges FBR to use technology to improve revenue collection

Premier seeks roadmap for reconstruction of Pakistan Revenue Automation Limited

Updated 24 Oct, 2024 11:47pm

Business & Finance

Harassment of taxpayers: FBR chief has agreed to resolve issue: FPCCI chief

KARACHI Atif Ikram Sheikh, President FPCCI, has apprised that Rashid Mahmood Langrial, Chairman of the Federal Board...

Published 24 Oct, 2024 07:51am

Business & Finance

Most of super stores linked with POS discharging tax liabilities: FCCI

FAISALABAD: Most of the Super Stores are linked with Point of Sale (POS) and are discharging their tax liabilities...

Published 23 Oct, 2024 07:50am

Additional revenue collection: Benefits must be passed on to public: PM

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) that the benefits of...

Updated 23 Oct, 2024 09:10am

Late filers to pay surcharge for ATL enrolment: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) will include names of late-filers of income tax returns in the FBR’s...

Updated 22 Oct, 2024 09:25am

Business & Finance

FTO visits FPCCI, assures to resolve taxpayer’s problems

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh and Vice...

Published 19 Oct, 2024 07:33am

Returns filed late: LHC directs FBR to form experts’ panel for drafting law

ISLAMABAD: Lahore High Court (LHC) has directed the Federal Board of Revenue (FBR) to constitute a body of experts...

Updated 17 Oct, 2024 09:26am

Business & Finance

Probe into burdening taxpayers: FBR fails to timely submit comments before FTO

ISLAMABAD: The Federal Board of Revenue (FBR) has failed to timely submit comments before the Federal Tax Ombudsman...

Updated 17 Oct, 2024 07:33am

Processing for change of jurisdiction of taxpayers: FBR implements FTO recommendation to introduce online module

ISLAMABAD: After receiving hundreds of complaints, the Federal Board of Revenue (FBR) has implemented a key...

Updated 15 Oct, 2024 09:14am

Business & Finance

Repeated maladministration to taxpayers: FTO directs FBR to take action against RTO Rawalpindi officers

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to take immediate action...

Updated 15 Oct, 2024 08:28am

Non-filers, CFOs of wealthy units: Pay taxes, avoid input adjustment misuse, says Aurangzeb

ISLAMABAD: The government has warned non-filers and Chief Financial Officers (CFOs) of wealthy manufacturing units...

Updated 11 Oct, 2024 09:17am

Gang exploits dormant taxpayer identities to commit Rs81bn fraud

KARACHI: A cybercrime gang, allegedly facilitated by current and former PRAL and FBR officials, has exploited...

Updated 08 Oct, 2024 02:38pm

Many filed income tax returns thru ‘FTO desk’

ISLAMABAD: A large number of taxpayers including salaried class and individuals have filed their income tax returns...

Updated 07 Oct, 2024 03:07pm

14 business categories: FTO issues notice to FBR on compulsory integration

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation against the Federal Board of Revenue (FBR)...

Updated 07 Oct, 2024 09:41am

Dispute arises between FBR, AJ&K

ISLAMABAD: A dispute has arisen between the Federal Board of Revenue (FBR) and Azad Jammu and Kashmir (AJ&K) tax...

Updated 05 Oct, 2024 09:28am

Purchasing property, car: Non-tax filers to face restriction: Aurangzeb

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Tuesday said non-tax filers will have to...

Updated 02 Oct, 2024 07:55pm

Immovable property: DHA challenges imposition of FED

ISLAMABAD: Islamabad High Court (IHC) has issued notices to the Federal Board of Revenue (FBR) and Attorney General...

Updated 30 Sep, 2024 09:28am

Tax return deadline: PM likely to take decision today

ISLAMABAD: Prime Minister Shehbaz Sharif will take final decision on Monday (today) on possible one-month extension...

Updated 30 Sep, 2024 09:24am

Q1: Rs170bn revenue shortfall glares at FBR

ISLAMABAD: The Federal Board of Revenue (FBR) is likely to face revenue shortfall of Rs170 billion during the first...

Updated 28 Sep, 2024 08:43am

Extension in filing of income tax returns predicted

ISLAMABAD: Tax experts have strongly predicted extension in filing of income tax returns beyond the September 30th...

Updated 27 Sep, 2024 08:43am

No new taxation measures or mini-budget under study: FBR

ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue (Policy) Dr Hamid Ateeq Sarwar said Wednesday that...

Updated 26 Sep, 2024 01:01pm

Filing of returns: FBR approached for two-month extension

ISLAMABAD: Despite Federal Board of Revenue’s (FBR) announcement of not extending date for filing of returns, the...

Updated 26 Sep, 2024 02:21pm

Business & Finance

Changes in Active Taxpayers List Rules: FBR asked to provide another seven days for ‘understanding’ SRO

ISLAMABAD: Experts have asked the Federal Board of Revenue (FBR) to provide another seven days for understanding SRO...

Published 26 Sep, 2024 06:48am

Editorials

Tax reforms: more of the same?

EDITORIAL: The taxation bureaucracy’s knack of coming up with measures that claim to tackle the inefficiencies of...

Published 25 Sep, 2024 06:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 30	277.85
USD PKR Interbank Buying / Oct 30	277.65
USD to Japanese Yen / Oct 30	153.33
USD to Swiss Franc / Oct 30	0.87
Pound Sterling to USD / Oct 30	1.30
Euro to USD / Oct 30	1.08

Stock	Volume
S&P 500 / Oct 29	5,823.92
Nasdaq / Oct 29	18,712.75
Dow Jones / Oct 29	42,233.05
India Sensex / Oct 30	80,261.31
Tokyo Nikkei / Oct 30	39,277.39
Hang Seng / Oct 30	20,369.49
FTSE 100 / Oct 30	8,198.17
Germany DAX 30 / Oct 30	19,360.95

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 29	18,085
Gold 10 Grams PKR / Oct 29	244,342
Crude Oil USD/Barrel / Oct 30	67.79
Gold Spot USD/Ounce / Oct 30	2,787.26
Cotton US¢/pound / Oct 30	70.63
Petrol/Litre / Oct 31	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 31 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 31 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 31 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 31 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 31 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 31 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 31 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 31 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 31 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 31 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 31 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 31 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 31 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 31 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 31 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 31 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 31 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 31 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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