Trends - WHT - Business Recorder

WHT

WHT’s share in collection of direct taxes stands at 60pc

ISLAMABAD: The Federal Board of Revenue (FBR) has claimed that the share of withholding taxes stood at 60 percent in...

Updated 11 Nov, 2024 08:56am

Tax collection decreases 21.5pc in 2023-24

ISLAMABAD: The income tax collection from efforts of the tax officials of the Federal Board of Revenue (FBR) has...

Updated 08 Nov, 2024 09:36am

Business & Finance

LHC issues order on ‘enhanced rates of WHT on late filers’

ISLAMABAD: Lahore High Court (LHC) has declared that the enhanced rates of withholding tax on late filers of income...

Published 09 Oct, 2024 06:26am

Editorials

Tax revenue conundrum

EDITORIAL: As expected, the FBR (Federal Board of Revenue) is falling short of ambitious revenues targets in an...

Updated 09 Sep, 2024 07:47am

Business & Finance

PPWSA seeks concessions in WHT at par with commercial importers

ISLAMABAD: The Pakistan Polypropylene Woven Sack Manufacturers Association (PPWSA) has sought similar concessions in...

Published 08 Sep, 2024 02:42am

In case tax collection shortfall continues: FBR suggests 1pc hike in WHT rates

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed one percent increase in all withholding taxes rates from...

Updated 03 Sep, 2024 09:18am

Markets

India collects $21bn in goods and services tax in August

NEW DELHI: India collected 1.75 trillion rupees ($20.87 billion) in goods and services tax (GST) in July, a rise of...

Published 01 Sep, 2024 08:14pm

Business & Finance

Additional WHT on edibles: KWGA says will observe strike today

KARACHI: Karachi Wholesale Grocers Association (KWGA) has announced to hold a shutter-down strike Friday (today)...

Published 31 Aug, 2024 06:55am

Business & Finance

Personal use of importer’s family: FBR exempts WHT on import of eye drops from France

ISLAMABAD: The Federal Board of Revenue (FBR) has exempted withholding tax on import of the medicines and eye drops...

Published 30 Aug, 2024 07:49am

Cement dealers go on countrywide strike against taxes

ISLAMABAD: Cement dealers in Pakistan begin their countrywide strike for an indefinite period against higher...

Updated 16 Jul, 2024 01:49pm

Monitoring, recovery of WHT: FBR advised to give field teams access to softwares of banks

ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to provide access of...

Updated 16 Jul, 2024 09:32am

Property deals, salaries, car purchase: FBR notifies change in WHT provisions

New category of late filers has been introduced for persons who are appearing on ATL but have not filed return by the extended due date

Updated 10 Jul, 2024 10:24am

WHT on cash withdrawals: PM rejects another key revenue step of FBR

ISLAMABAD: Prime Minister Shehbaz Sharif has rejected another key revenue measure of the Federal Board of Revenue...

Updated 07 Jun, 2024 12:54pm

Art/music students: FTO directs FBR not to charge 20-40pc WHT on honoraria

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to stop Punjab Council of...

Updated 19 May, 2024 09:31am

Business & Finance

Deduction of WHT: Pipe maker fails to shift onus on tax dept

LAHORE: A pipe manufacturer failed to shift onus on the tax department against deduction of withholding tax without...

Published 02 Mar, 2024 04:16am

Business & Finance

WHT return filing through agent not sufficient to prove tax payment: PRA

LAHORE: The Punjab Revenue Authority (PRA) has established its tax demand by proving that mere filing of tax return...

Published 14 Jan, 2024 03:13am

WHT transactions: FBR implements new documentation system

Directs withholding agents to install and integrate fiscal electronic devices and softwares for carrying out any transactions liable to withholding tax

Updated 23 Dec, 2023 07:43pm

Business & Finance

‘Some Discos claim tax credit without deducting WHT’

LAHORE: Some power distribution companies (Discos) are allegedly claiming tax credit without deducting and ...

Published 05 Sep, 2023 06:22am

UoSC payment to NTDC: Tax dept issuing notices to Discos for not deducting WHT

LAHORE: The Income Tax department is issuing notices to the power distribution companies (Discos) for not deducting...

Updated 25 Aug, 2023 09:43am

Editorials

What happens when cash reigns supreme?

EDITORIAL: In the last decade, authorities had supposedly lent focus to expand documentation of the economy. But,...

Published 16 Aug, 2023 05:50am

Business & Finance

FBR required to expedite WHT audit of NHA to recover billions of rupees

ISLAMABAD: In line with the order of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue’s (FBR)...

Updated 24 Jul, 2023 06:47am

WHT deduction, monitoring: 34 banks declared SWAPS agents

ISLAMABAD: The Federal Board of Revenue (FBR) has declared 34 banks as ‘SWAPS’ agents (withholding agents) for the...

Updated 18 Jun, 2023 10:05am

Business & Finance

WHT system in banking sector: FTO unearths systemic gaps, loopholes

ISLAMABAD: The Federal Tax Ombudsman (FTO) has unearthed systemic gaps and loopholes in the prevalent withholding ...

Published 10 Jun, 2023 05:01am

Business & Finance

‘WHT levy based on invoice price’ PAMA voices its concern over budget proposal

KARACHI: Local auto assemblers have expressed concerns over a budget proposal for the fiscal year 2023-24, which...

Published 03 Jun, 2023 03:52am

Budget proposals: KCCI for adopting ‘novel’ approaches to economic challenge

Business & Finance

WHT on passenger transport vehicles: FBR issues ‘legal’ clarification

ISLAMABAD: Taking prompt action on transporters’ complaints, the Federal Board of Revenue (FBR) Wednesday night...

Published 01 Sep, 2022 05:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

WHT

Most Popular