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withholding tax

KCCI concerned over fixation of MRP on import of black tea

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Jawed Bilwani, in response to concerns...

Published 03 Dec, 2024 07:22am

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

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

Business & Finance

FPCCI says against any further increase in taxes

KARACHI: Atif Ikram Sheikh, President FPCCI, has unequivocally stated that FPCCI vociferously opposed any further...

Published 04 Sep, 2024 08:18am

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

FBR finalises August collection strategy

ISLAMABAD: The Federal Board of Revenue (FBR) Sunday finalised a strategy to meet the assigned revenue collection...

Updated 26 Aug, 2024 08:57am

Cut in WHT lines, implementation of track and trace system: DLIs lagging behind targets, says World Bank

ISLAMABAD: The Disbursement Linked Indicators (DLIs) regarding reduction in withholding tax (WHT) lines and...

Updated 15 Aug, 2024 03:18pm

Business & Finance

Tractor industry on brink of shutdown: PAAPAM

LAHORE: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has announced that the...

Updated 10 Aug, 2024 07:38am

Commodity traders say WHT to further fuel food inflation

KARACHI: Commodities importers and wholesalers see the withholding tax as “reign of taxation” to unleash the storm...

Updated 29 Jul, 2024 08:56am

CTO Islamabad accused of ‘deceiving’ tax system

ISLAMABAD: Appellate Tribunal Inland Revenue Islamabad Bench (ATIR) has held that the Corporate Tax Office,...

Updated 29 Jul, 2024 10:01am

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

Flour mills resume operations

LAHORE: Hundreds of flour mills across the country resumed normal operations from Sunday after postponing their...

Updated 15 Jul, 2024 09:26am

Flour mills go on countrywide strike

Overall, 2,000 flour including 250 mills of Sindh completely shut their operations

Updated 12 Jul, 2024 09:28am

Flour millers announce nationwide shutdown

Argues imposition of withholding tax is unacceptable, will shut down mills for indefinite period

Updated 11 Jul, 2024 11:42am

Business & Finance

KP flour millers demand withdrawal of additional taxes

PESHAWAR: Flour millers in Khyber Pakhtunkhwa have strongly opposed the recent increase in fixed tax in electricity...

Published 08 Jul, 2024 07:41am

Pakistan

Non-filers: FBR blocks 210,000 SIM cards to ‘encourage’ tax payment

KARACHI: Pakistan’s tax authority, the Federal Board of Revenue (FBR), said Thursday it has blocked 210,000 SIM...

Updated 04 Jul, 2024 08:50pm

Sale of govt-allotted immovable properties: Scope of WHT exemption expanded

ISLAMABAD: The government has expanded the scope of withholding tax exemption on the sale of government-allotted...

Updated 03 Jul, 2024 08:32am

FTO directs FBR to recover withholding tax from NHA

ISLAMABAD: Federal Tax Ombudsman (FTO) directed the Member Operations Federal Board of Revenue (FBR) to take...

Updated 01 Jul, 2024 08:44am

New taxation steps come into effect today

Government enforces new taxation measures of Rs1.761 trillion

Updated 01 Jul, 2024 09:23am

Business & Finance

PFVA demands restoration of 1pc tax regime

KARACHI: Fruit and vegetable exporters have rejected the new proposed tax regime for exporters and demanded...

Updated 24 Jun, 2024 08:44am

SECP urges FBR to reduce WHT on dividend, NBFCs & Modarabas

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has asked Federal Board of Revenue (FBR) to...

Updated 31 May, 2024 08:36am

Markets

Tax proposals: PBC calls for ‘out of box solutions’

The Pakistan Business Council (PBC), one of the country’s largest corporate sector advocacy platforms, has urged...

Updated 20 May, 2024 08:06pm

Immovable properties: Hike in advance tax on purchase likely

Taxation on real estate discussed during ongoing meetings between FBR and IMF

Updated 17 May, 2024 11:39am

Non-filers: FBR proposes WHT raise on cash withdrawal from banks

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to raise withholding tax on cash withdrawal from the...

Updated 16 May, 2024 11:50am

Supplies by importers: Reduced rate of 1-4pc for purpose of tax withholding likely

ISLAMABAD: The government is planning to introduce a reduced rate of 1-4 percent for the purpose of tax withholding...

Updated 12 May, 2024 01:30pm

Reforms in taxation system demanded

PESHAWAR: Members of the business community demanded reforms in the taxation system, and to bring down the ratio of...

Updated 22 Jan, 2024 08:55am

$400m ‘Pakistan Raises Revenue’ project: World Bank rates implementation progress moderately satisfactory

ISLAMABAD: The World Bank has rated the overall implementation progress of Pakistan Raises Revenue project of worth...

Updated 26 Dec, 2023 09:11am

FY23 sales of immovable properties: WHT collection registers 340.5pc growth YoY

Federal Board of Revenue releases withholding tax data

Updated 29 Nov, 2023 09:51am

Business & Finance

‘Customs denying exemption to importers of HEVs’

LAHORE: Customs authorities are allegedly denying exemption to the importers of Hybrid Electric Vehicles (HEVs) ...

Published 04 Oct, 2023 06:20am

FBR ‘rues’ WHT deduction on mobile cards

ISLAMABAD: The Federal Board of Revenue (FBR) has criticised its policy of withholding tax deduction on mobile...

Updated 12 Sep, 2023 09:13am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 17	278.60
USD PKR Interbank Buying / Dec 17	278.60
USD to Japanese Yen / Dec 17	153.56
USD to Swiss Franc / Dec 17	0.89
Pound Sterling to USD / Dec 17	1.27
Euro to USD / Dec 17	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
India Sensex / Dec 17	80,684.45
Tokyo Nikkei / Dec 17	39,164.26
Nasdaq / Dec 17	20,109.06
Hang Seng / Dec 17	19,815.30
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37

Item	Value
Crude Oil USD/Barrel / Dec 17	70.11
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Gold Spot USD/Ounce / Dec 17	2,644.07
Cotton US¢/pound / Dec 17	68.53
Petrol/Litre / Dec 18	252.10

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.65 ▲ 0.95 (16.67%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.90 ▲ 0.79 (11.11%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.50 ▲ 0.45 (11.11%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Shaheen Ins. / Dec 18 Shaheen Insurance Company Limited(SHNI)	6.70 ▲ 0.61 (10.02%)
Nimir Resins / Dec 18 Nimir Resins Limited(NRSL)	35.16 ▲ 3.20 (10.01%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Dewan Textile / Dec 18 Dewan Textile Mills Limited(DWTM)	5.67 ▼ -0.77 (-11.96%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	332 ▼ -36.22 (-9.84%)
Sanghar Sugar / Dec 18 Sanghar Sugar Mills Limited(SANSM)	29.20 ▼ -3.15 (-9.74%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.11
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.12
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.33
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.19
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.57
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.11
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.82
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.11

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