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Taxes

‘Ball of Confusion’

“Ball of Confusion” is a 1970 hit song by a US band called The Temptations, and is an example of the...

Published 23 Jun, 2025 07:04am

Opinion

Provincial budgets – constraints

Provincial budgets are formulated under constraints sourced to the federal budget on two counts: how much of the...

Published 23 Jun, 2025 06:42am

Pakistan

Illicit cigarettes, raw materials worth Rs648m destroyed

HYDERABAD: In a significant enforcement action, the Regional Tax Office (RTO) Hyderabad and the Directorate of...

Published 23 Jun, 2025 06:26am

Budget 2025-26

Finance bill contains drafting errors: experts

ISLAMABAD: Finance Bill (2025-26) contains drafting errors and contradictions amongst taxing statues including...

Updated 23 Jun, 2025 09:02am

Business & Finance

Federal budget: Business community has serious reservations: Mian Zahid

KARACHI: The Chairman of National Business Group Pakistan, the President of the Pakistan Businessmen and...

Published 21 Jun, 2025 07:01am

Business & Finance

NA panel approves bringing over Rs10m pension into tax net

ISLAMABAD: National Assembly Standing Committee on Finance and Revenue Friday granted approval for bringing over Rs...

Published 21 Jun, 2025 06:55am

Business & Finance

Finance Bill 2025–26: Salaried class demands substantial relief

KARACHI: With deep concern and in the spirit of national responsibility, representatives of Pakistan’s salaried...

Published 20 Jun, 2025 07:05am

Budget 2025-26

Tax officials’ new powers: FPCCI mulling moving the court

KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has unequivocally rejected the new...

Updated 20 Jun, 2025 07:02am

Editorials

KPK budget FY26

EDITORIAL: Khyber Pakhtunkhwa (KPK) unveiled a 2119 billion-rupee budget outlay for next fiscal year with a ...

Updated 20 Jun, 2025 08:10am

PD tells NA body Rs2.50/litre carbon levy to apply from July 1

Petroleum levy stands at Rs77/litre on high-speed diesel and Rs78.02/litre on petrol

Updated 20 Jun, 2025 03:48pm

Opinion

Between optics and austerity

Pakistan’s economic policies resemble a car with two drivers, each pulling the wheel in opposite directions. One...

Published 19 Jun, 2025 06:56am

Budget 2025-26

GST on imported solar panels reduced to 10pc

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar said that the digital sales tax on services would...

Updated 19 Jun, 2025 09:23am

Business & Finance

AJK govt unveils Rs310.2bn ‘tax-free’ budget

MUZAFFARABAD: Azad Jammu and Kashmir government on Wednesday unveiled the annual budget with a record outlay of...

Published 19 Jun, 2025 05:53am

Power sector circular debt plan okayed by Cabinet

Plan aims to eliminate Rs1.275 trillion in circular debt over six years without adding pressure to the national budget

Updated 19 Jun, 2025 03:19pm

Business & Finance

Pakistan reveals National Tariff Policy draft, aims to eliminate RDs, ACDs in 5 years

The federal government has unveiled the draft for the National Tariff Policy (NTP) 2025–30 at the Regulatory Reforms...

Published 18 Jun, 2025 01:36pm

Business & Finance

Numbers speak: Sindh agriculturalists spend more on vehicle registration, pay less in income tax

During first half of FY25, applicable agriculture income tax ranged from 5% to 15%. Yet, agriculturists continue to contribute disproportionately little to provincial tax revenues

Updated 18 Jun, 2025 01:22pm

Budget 2025-26

Govt well prepared to tackle any fallout: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb said Tuesday that the government will ensure adequate stockpiles of...

Updated 18 Jun, 2025 09:30am

‘IT exporters, freelancers’: SBP eases reporting formats

KARACHI: The State Bank of Pakistan (SBP) has revised the reporting formats of the electronic Proceed Realization...

Updated 18 Jun, 2025 09:31am

Markets

NA panel rejects 18pc GST on solar panels

ISLAMABAD: The National Assembly Standing Committees on Finance and Revenue, unanimously, rejected the proposal of...

Published 18 Jun, 2025 06:10am

World

Gold mining companies in Ghana, Ivory Coast resist tax hikes, sources say

DAKAR: Gold miners operating in Ghana and Ivory Coast are refusing to comply with tax increases imposed this year,...

Published 16 Jun, 2025 05:27pm

Opinion

The assumptions in FY26 budget

The budget 2025-26 makes one implicit and three explicit assumptions that enable its architects to present a set of...

Updated 16 Jun, 2025 08:03am

Budget 2025-26

Arrest for tax fraud: Senate panel for defining a threshold

ISLAMABAD: The Senate Standing Committee on Finance and Revenue on Sunday rejected a controversial proposal by the...

Updated 16 Jun, 2025 09:27am

Editorials

Sindh budget

EDITORIAL: The Sindh budget for 2025-26 was considerably more realistic relative to the federal budget on four...

Updated 16 Jun, 2025 07:56am

World

Vietnam parliament approves hiking tax on alcoholic drinks to 90% by 2031

HANOI: Vietnam’s National Assemblyon Saturday approved a proposal to raise the special consumption tax on alcoholic...

Published 14 Jun, 2025 11:03am

Business & Finance

EPBD’s BoG rejects granting FBR excessive powers

ISLAMABAD: The Economic Policy and Business Development (EPBD) Board of Governors categorically rejected the...

Published 14 Jun, 2025 07:01am

Business & Finance

Naved warns FBR chief over draconian FY26 measures

ISLAMABAD: An interesting situation took place during the day-long meeting of National Assembly Standing Committee ...

Published 14 Jun, 2025 06:29am

Opinion

Pakistan’s vision amidst FY26 Budget

Pakistan’s annual budget has traditionally been more of a routine fiscal exercise conducted every year, covering...

Published 14 Jun, 2025 06:04am

Budget 2025-26

Sales tax on services cut to 8pc: Complete removal of five levies proposed

KARACHI: The Sindh government has planned important changes in the tax system to make it simpler and to reduce the...

Updated 14 Jun, 2025 03:27pm

Budget 2025-26

PRR project: World Bank approves additional $70m credit

ISLAMABAD: The World Bank has approved an additional $70 million credit for the Pakistan Raises Revenue (PRR)...

Updated 14 Jun, 2025 09:30am

Budget 2025-26

Food sector: PVMA Chairman terms Federal Budget disappointing

KARACHI: Sheikh Umer Rehan, Chairman of the Pakistan Vanaspati Manufacturers Association (PVMA), has termed the...

Published 14 Jun, 2025 06:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	146.09
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
India Sensex / Jun 20	82,408.17
Tokyo Nikkei / Jun 20	38,403.23
Nasdaq / Jun 20	19,447.41
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,774.65
Dow Jones / Jun 20	42,206.82
Germany DAX 30 / Jun 20	23,350.55
France CAC40 / Jun 20	7,589.66

Item	Value
Crude Oil USD/Barrel / Jun 20	74.93
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Gold Spot USD/Ounce / Jun 20	3,368.39
Cotton US¢/pound / Jun 20	66.70
Petrol/Litre / Jun 23	258.43
Diesel/Litre / Jun 23	262.59

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 23 Crescent Jute Products Limited(CJPL)	7.38 ▲ 0.89 (13.71%)
Pak. P.V.C. / Jun 23 Pakistan PVC Limited(PPVC)	9.66 ▲ 0.97 (11.16%)
AN Textile Mills / Jun 23 AN Textile Mills Limited(ANTM)	25.70 ▲ 2.34 (10.02%)
Shahzad Tex. / Jun 23 Shahzad Textile Mills Limited(SZTM)	51.23 ▲ 4.66 (10.01%)
Rupali polyester / Jun 23 Rupali Polyester Limited(RUPL)	27.07 ▲ 2.46 (10%)
Karam Ceramics / Jun 23 Karam Ceramics Limited(KCL)	66.80 ▲ 6.07 (10%)
Leather Up Ltd. / Jun 23 Leather Up Limited(LEUL)	42.90 ▲ 3.9 (10%)
Al-Khair Gadoon / Jun 23 Al-Khair Gadoon Limited(AKGL)	51.90 ▲ 4.72 (10%)
Fazal Cloth / Jun 23 Fazal Cloth Mills Limited(FZCM)	205.70 ▲ 18.7 (10%)
Frontier Ceram / Jun 23 Frontier Ceramics Limited(FRCL)	36.30 ▲ 3.3 (10%)

Stock	Price
United BankXD / Jun 23 United Bank Limited(UBL)	263.03 ▼ -261.16 (-49.82%)
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.53 ▼ -0.31 (-10.92%)
LSE Financial Serv. / Jun 23 LSE Financial Services Limited(LSEFSL)	32.36 ▼ -3.6 (-10.01%)
Popular Islamic / Jun 23 Popular Islamic Modaraba(PIM)	14.65 ▼ -1.63 (-10.01%)
Shadman Cotton / Jun 23 Shadman Cotton Mills Limited(SHCM)	45.25 ▼ -5.03 (-10%)
Pakgen Power / Jun 23 Pakgen Power Limited(PKGP)	155.75 ▼ -17.31 (-10%)
PIA Holding Co.B / Jun 23 PIA Holding Company Limited B(PIAHCLB)	10,038.50 ▼ -1115.33 (-10%)
Kohat Textile / Jun 23 Kohat Textile Mills Limited(KOHTM)	79.83 ▼ -8.87 (-10%)
Macter Int. Ltd / Jun 23 Macter International Limited(MACTER)	559.64 ▼ -62.18 (-10%)
Nets Internat.Comm. / Jun 23 Nets International Communication Limited(GEMNETS)	36.90 ▼ -4.1 (-10%)

Stock	Volume
WorldCall Telecom / Jun 23 Worldcall Telecom Limited(WTL)	20,314,725 ▼ -0.04
K-Electric Ltd. / Jun 23 K-Electric Limited(KEL)	11,581,035 ▼ -0.19
Sui South Gas / Jun 23 Sui Southern Gas Company Limited(SSGC)	8,392,333 ▲ 0.25
Dewan Cement / Jun 23 Dewan Cement Limited(DCL)	7,396,150 ▼ -0.66
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	6,974,566 ▼ -0.31
Faysal Bank / Jun 23 Faysal Bank Limited(FABL)	5,693,881 ▲ 0.05
B.O.Punjab / Jun 23 The Bank of Punjab(BOP)	4,634,260 ▼ -0.17
Maple Leaf Cement / Jun 23 Maple Leaf Cement Factory Limited(MLCF)	4,485,937 ▼ -1.2
PIA Holding Co.Ltd / Jun 23 PIA Holding Company Limited(PIAHCLA)	4,252,788 ▼ -1.11
Cnergyico PK / Jun 23 Cnergyico PK Limited(CNERGY)	4,219,143 ▼ -0.22

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