News stories for Sohail Sarfraz

Sohail Sarfraz

Issuance of short-term Sukuks: SECP working on alternate Shariah-compliant structure

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is seriously working on an alternate...

Updated 10 Aug, 2024 04:20pm

Business & Finance

Battargram-Silk/Karakoram road: FBR establishes check post of IR officers

ISLAMABAD: The Federal Board of Revenue (FBR) has established a check post of Inland Revenue officers at district...

Published 09 Aug, 2024 06:56am

Misclassification of steel products: FBR urged to recover taxes from importers

ISLAMABAD: The documented steel sector has conveyed to the Federal Board of Revenue (FBR) that misclassification of...

Updated 07 Aug, 2024 08:00am

Imported goods specified in Third Schedule: FBR empowered to fix value of supply

ISLAMABAD: The Federal Board of Revenue (FBR) has been empowered to fix the value of supply in case of imported...

Updated 06 Aug, 2024 09:07am

Business & Finance

Registered persons: Commissioner IR authorised to conduct GST audit

ISLAMABAD: The Commissioner, Inland Revenue has been authorized to conduct sales tax audit of any registered person....

Published 06 Aug, 2024 06:40am

Business & Finance

Country faces significant insurance protection challenges: SECP

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) has warned that Pakistan is facing significant...

Published 06 Aug, 2024 06:40am

E-compliance for real-time integration: Taxpayers including those in 14 business categories will have to pay heavy cost

ISLAMABAD: Taxpayers including those in 14 categories of business enterprises would have to pay heavy cost for...

Updated 05 Aug, 2024 10:37am

Deductions, tax credits to salaried class, pensioners: FTO directs FBR, AGPR and AG Sindh to allow adjustment

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR), Accountant General of...

Updated 04 Aug, 2024 10:10am

Govt mulling raising GST on tractors to 14pc

ISLAMABAD: The federal government is planning to raise sales tax on tractors from 10 to 14 percent. In the last...

Updated 04 Aug, 2024 09:53am

Business & Finance

Names under circulation for FBR chief slot

ISLAMABAD: Some names are under circulation as new Federal Board of Revenue (FBR) Chairman, said sources. They...

Published 04 Aug, 2024 02:47am

SECP commissioners’ interview: Selection body reconstituted

ISLAMABAD: Ministry of Finance has reconstituted selection committee for conducting interviews of short-listed...

Updated 03 Aug, 2024 08:27am

Business & Finance

Insurance pool: SECP to liaise with Centre and provinces

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to carry out technical engagements...

Published 02 Aug, 2024 05:55am

Conditions for GST payment, tax returns relaxed

ISLAMABAD: The Federal Board of Revenue (FBR) has relaxed conditions for sales taxpayers and requirement to file...

Updated 02 Aug, 2024 09:45am

Auction for serviceable old cars: No 18pc GST if tax paid at import stage: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) will not charge 18 percent sales tax on auction of serviceable old and...

Updated 01 Aug, 2024 09:20am

Rs3bn more than target: Provisional collection exceeds Rs659bn in July

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected over Rs659 billion in July 2024 against...

Updated 01 Aug, 2024 09:48am

Acquired on or after July 1, 2024: No holding period for immovable properties: FBR

ISLAMABAD: The concept of holding period has been done away with for immovable properties acquired on or after July...

Updated 31 Jul, 2024 11:36am

FBR tells banks: Only bad debts classified as loss are expense

ISLAMABAD: The Federal Board of revenue (FBR) has conveyed to banks that only bad debts classified as loss...

Updated 31 Jul, 2024 09:29am

Business & Finance

Petroleum products into sales Tax exemption: Change of status of zero-rating to benefit FBR worth Rs20bn

ISLAMABAD: The change of status of zero-rating of petroleum products into sales tax exemption would benefit Federal...

Published 31 Jul, 2024 06:40am

Business & Finance

Sales tax registered persons: Deadline extended for biometric re-verification

ISLAMABAD: The Federal Board of Revenue (FBR) has extended deadline up to August 31, 2024 for sales tax registered...

Updated 31 Jul, 2024 09:21am

Phasing out incentives for SEZs not so easy

ISLAMABAD: Despite an International Monetary Fund (IMF) statement indicating government assurance to phase-out...

Updated 30 Jul, 2024 03:05pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 25	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 25 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 25 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 25 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 25 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 25 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 25 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 25 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 25 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 25 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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