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Muhammad Ali

Importers reluctant to get their consignments cleared

A large number of consignments of commercial imports are stuck at port as the importers are reluctant to get their consignments cleared after the inclusion of finished articles in the Third Schedule of Sales Tax Act, 1990 through Finance Act 2019. In fede

Published 06 Jul, 2019 12:00am

Importers reluctant to get their consignments cleared

Published 06 Jul, 2019 12:00am

Business & Finance

Implementation on Sales Tax, Federal Excise Budgetary leave Commercial importers in panic

KARACHI: A large number of consignments of commercial importer are struck at port as government included finished a

Updated 09 Jul, 2019 09:05am

Finance bill: Typo causes confusion among car assemblers

A typographical error in the Finance Bill 2019 has caused deep confusion among local car assemblers, provincial excise and taxation departments, dealers and the owners of motor vehicles. The Finance Bill 2019 stated that the mode of advance tax on registr

Published 03 Jul, 2019 12:00am

Finance bill: Typo causes confusion among car assemblers

Published 03 Jul, 2019 12:00am

Finance bill: Typo causes confusion among car assemblers

Published 03 Jul, 2019 12:00am

Advertisements in newspapers, periodicals: SRB imposes 3 percent sales tax

The Sindh government has imposed 3 percent sales tax on the advertisements in newspapers and periodicals from July 1, 2019. According to a notification issued by Sindh Revenue Board (SRB), the Sindh government has amended the rule 34 of Sindh Sales Tax on

Published 02 Jul, 2019 12:00am

Advertisements in newspapers, periodicals: SRB imposes 3 percent sales tax

Published 02 Jul, 2019 12:00am

Advertisements in newspapers, periodicals: SRB imposes 3 percent sales tax

Published 02 Jul, 2019 12:00am

Business & Finance

DEC seizes 225 gm heroin from Jinnah Airport Karachi

The Drug Enforcement Cell (DEC) has seized 225 grams heroin powder at Jinnah International Airport in Karachi. Acco

Published 20 Jun, 2019 01:59pm

Owners of undeclared assets: FBR set to kick off massive crackdown

Federal Board of Revenue (FBR) is planning to kick off massive crackdown against the owners of undeclared moveable and immoveable assets except the beneficiaries of amnesty scheme to be ended by June 30, 2019. Tax experts said that the amnesty scheme anno

Published 20 Jun, 2019 12:00am

Markets

Budget 2019-20: Tax relief likely on import or lease of aircraft

The federal government is likely to exempt duty and taxes on the import or lease of aircraft in coming budget 2019-20; it was learnt. According to sources, the aviation division in its National Aviation Policy 2019 proposed to the government to exempt dut

Published 08 Jun, 2019 12:00am

Markets

Budget 2019-20: Tax relief likely on import or lease of aircraft

Published 08 Jun, 2019 12:00am

Markets

Budget 2019-20: Tax relief likely on import or lease of aircraft

Published 08 Jun, 2019 12:00am

SRO-52(1)/2019 flops: used car importers buy second-hand vehicles through auction

The used car importers have reportedly adopted new modus operandi to circumvent the requirements of SRO-52(1)/2019 and began importing second-hand vehicles in Pakistan through auction, it is learnt. The import of used vehicles had seen almost complete hal

Published 22 May, 2019 12:00am

SRO-52(1)/2019 flops: used car importers buy second-hand vehicles through auction

Published 22 May, 2019 12:00am

NAB forwards cases of Agha Siraj Durrani, PIA for approval

KARACHI: The National Accountability Bureau (NAB) on Tuesday decided to forward cases involving Speaker Sindh Assem

Updated 30 Apr, 2019 01:36pm

Business & Finance

Customs foil smuggling of 1.2kgs heroin at Karachi airport

Customs staff at Jinnah International Airport's International Departure successfully foiled on Tuesday an attempt of

Published 30 Apr, 2019 08:45am

Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

The aviation sector will get annual relief up to Rs4 billion under New Aviation Policy (NAP), 2019, said secretary aviation. Speaking at a press briefing held at Pakistan Civil Aviation Authority (PCAA) headquarter, secretary aviation/DG PCAA Shahrukh Nus

Published 28 Apr, 2019 12:00am

Markets

NAP 2019: Aviation sector to get Rs 4 billion annual relief

Published 28 Apr, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 14	279.27
USD PKR Interbank Buying / Feb 14	279.07
USD to Japanese Yen / Feb 14	152.31
USD to Swiss Franc / Feb 14	0.90
Pound Sterling to USD / Feb 14	1.26
Euro to USD / Feb 14	1.05
UK LIBOR % / Feb 14	4.96

Stock	Volume
S&P 500 / Feb 14	6,114.63
India Sensex / Feb 14	75,939.21
Tokyo Nikkei / Feb 14	39,149.43
Nasdaq / Feb 14	20,026.77
Hang Seng / Feb 14	22,620.33
FTSE 100 / Feb 14	8,732.46
Dow Jones / Feb 14	44,546.08
Germany DAX 30 / Feb 14	22,513.42
France CAC40 / Feb 14	8,178.54

Item	Value
Crude Oil USD/Barrel / Feb 14	70.74
Karachi Cotton PKR/37.32 KG / Feb 14	17,785
Gold 10 Grams PKR / Feb 14	262,517
Gold Spot USD/Ounce / Feb 14	2,882.53
Cotton US¢/pound / Feb 14	68.31
Petrol/Litre / Feb 16	256.13
Diesel/Litre / Feb 16	263.95

Gainers
Losers
Leaders

Stock	Price
At-Tahur Ltd. / Feb 14 At-Tahur Limited(PREMA)	35.26 ▲ 3.21 (10.02%)
Saritow Spinning / Feb 14 Saritow Spinning Mills Limited(SSML)	23.84 ▲ 2.17 (10.01%)
Leather Up Ltd. / Feb 14 Leather Up Limited(LEUL)	38.02 ▲ 3.46 (10.01%)
Lucky Cement / Feb 14 Lucky Cement Limited(LUCK)	1,366.37 ▲ 124.22 (10%)
Suhail Jute / Feb 14 Suhail Jute Mills Limited(SUHJ)	108.35 ▲ 9.85 (10%)
Agriautos Ind. / Feb 14 Agriauto Industries Limited(AGIL)	115.49 ▲ 10.5 (10%)
Mandviwala / Feb 14 Mandviwala Mauser Plastic Industries(MWMP)	20.48 ▲ 1.86 (9.99%)
Sindh Abadgar / Feb 14 Sindh Abadgar's Sugar Mills Limited(SASML)	50.08 ▲ 4.55 (9.99%)
Popular Islamic / Feb 14 Popular Islamic Modaraba(PIM)	12.37 ▲ 1.04 (9.18%)
F.Credit & Inv / Feb 14 First Credit and Investment Bank Limited(FCIBL)	8.39 ▲ 0.7 (9.1%)

Stock	Price
Dewan Textile / Feb 14 Dewan Textile Mills Limited(DWTM)	6.80 ▼ -0.99 (-12.71%)
TPL Trakker Ltd / Feb 14 TPL Trakker Limited(TPLT)	7.55 ▼ -0.93 (-10.97%)
I.C.C. Ind. / Feb 14 ICC Industries Limited(ICCI)	10.77 ▼ -1.2 (-10.03%)
Redco Textile / Feb 14 Redco Textiles Limited(REDCO)	22.60 ▼ -2.51 (-10%)
Engro Powergen / Feb 14 Engro Powergen Qadirpur Limited(EPQL)	25.78 ▼ -2.86 (-9.99%)
D.M. Textile / Feb 14 D.M. Textile Mills Limited(DMTX)	63 ▼ -6.99 (-9.99%)
Universal Ins. / Feb 14 The Universal Insurance Company Limited(UVIC)	12.91 ▼ -1.43 (-9.97%)
Sakrand Sugar / Feb 14 Sakrand Sugar Mills Limited(SKRS)	12.11 ▼ -1.34 (-9.96%)
Idrees Tex. / Feb 14 Idrees Textile Mills Limited(IDRT)	12.81 ▼ -1.41 (-9.92%)
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32.68 ▼ -3.56 (-9.82%)

Stock	Volume
B.O.Punjab / Feb 14 The Bank of Punjab(BOP)	79,317,612 ▼ -0.66
Lotte Chemical / Feb 14 Lotte Chemical Pakistan Limited(LOTCHEM)	72,104,503 ▼ -1.12
Power Cement / Feb 14 Power Cement Limited(POWER)	40,290,839 ▼ -0.18
Sui South Gas / Feb 14 Sui Southern Gas Company Limited(SSGC)	32,711,461 ▼ -3.56
Hascol Petrol / Feb 14 Hascol Petroleum Limited(HASCOL)	31,600,150 ▼ -0.41
Dewan Motors / Feb 14 Dewan Farooque Motors Limited(DFML)	31,281,602 ▼ -2.6
Cnergyico PK / Feb 14 Cnergyico PK Limited(CNERGY)	20,508,125 ▼ -0.25
Fauji Foods Ltd / Feb 14 Fauji Foods Limited(FFL)	20,173,357 ▼ -0.24
Fauji Cement / Feb 14 Fauji Cement Company Limited(FCCL)	16,904,777 ▼ -1.09
WorldCall Telecom / Feb 14 Worldcall Telecom Limited(WTL)	16,467,161 ▼ -0.04

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