News stories for Muhammad Ali - Business Recorder

Muhammad Ali

Collection not to exceed Rs 4.1 trillion, FBR tells Umar

The Federal Board of Revenue (FBR) has reportedly informed the finance minister that the revenue collection would remain not more than Rs4,100 billion in ongoing financial year; it is learnt. According to sources, the FBR apprised the finance minister tha

Published 06 Feb, 2019 12:00am

Collection not to exceed Rs 4.1 trillion, FBR tells Umar

Published 06 Feb, 2019 12:00am

Collection not to exceed Rs 4.1 trillion, FBR tells Umar

Published 06 Feb, 2019 12:00am

Filers who availed amnesty scheme: FBR suspends notices about source of investment

The Federal Board of Revenue (FBR) has suspended all notices issued to inquire source of investment from filers who availed amnesty scheme; it is learnt. According to sources, field formations across the country have started issuing notices to filers, ask

Published 02 Feb, 2019 12:00am

Filers who availed amnesty scheme: FBR suspends notices about source of investment

Published 02 Feb, 2019 12:00am

Filers who availed amnesty scheme: FBR suspends notices about source of investment

Published 02 Feb, 2019 12:00am

Customs to levy 22-30 percent tax on import of mobile devices by mid-February

The customs department will begin collecting at least 22 to 30 percent duty/taxes on the imports of mobile devices as the PTA plans only compliant mobile devices business in the country. Pakistan Telecommunication Authority (PTA) with the approval of the

Published 30 Jan, 2019 12:00am

FBR receives 240,343 less tax returns for TY18

The Federal Board of Revenue (FBR) has received 1,552,287 returns for Tax Year 2018 as compared to 1,792,630 returns filed in Tax Year 2017. This was stated by Pakistan Tax Bar Association (PTBA) in its letter sent to the Finance Minister Asad Umar here.

Published 19 Jan, 2019 12:00am

FBR receives 240,343 less tax returns for TY18

Published 19 Jan, 2019 12:00am

FBR receives 240,343 less tax returns for TY18

Published 19 Jan, 2019 12:00am

Taxmen get arrest warrants for employee, employer

Federal Board of Revenue (FBR) has started tightening the noose around persons, involved in investing millions in the names of their employees for concealing income and depriving exchequer of due amount of tax. In its latest action, the tax department (Zo

Published 18 Jan, 2019 12:00am

Taxmen get arrest warrants for employee, employer

Published 18 Jan, 2019 12:00am

Taxmen get arrest warrants for employee, employer

Published 18 Jan, 2019 12:00am

Markets

Imported vehicles: payment of duty, taxes in forex made mandatory

The Ministry of Commerce and Textile has declared that payment of duty and taxes in foreign exchange is mandatory for the clearance of imported new & used vehicles. The decision is aimed at alleviating pressure and strengthening foreign exchange reserves,

Published 17 Jan, 2019 12:00am

Markets

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 23	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

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