News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

CIR empowered to condone time-limits

ISLAMABAD: The Federal Board of Revenue (FBR) has empowered Commissioner-Inland Revenue (IR) to condone time-limits...

Published 13 Sep, 2024 06:13am

Tax exemption only allowed under ITO 2001, if ...

ISLAMABAD: The taxpayers including exporters would only be allowed tax exemption under Income Tax Ordinance, 2001,...

Updated 12 Sep, 2024 09:08am

Business & Finance

Discos’ sell-off to pave way for a competitive market: CCP

ISLAMABAD: The privatisation of power distribution companies could foster competition in a sector that is currently...

Updated 12 Sep, 2024 09:21am

FBR considering traders’ new proposal to collect advance tax

FBR has also agreed to reduce the upper slabs of fixed tax of Rs 60,000 to a reasonable level

Updated 10 Sep, 2024 12:57pm

AGP flags major discrepancy in tax collection

The latest audit report of the Auditor General of Pakistan reveals that withholding taxes were indirect but were being collected as direct taxes by the FBR

Updated 08 Sep, 2024 09:34pm

FBR amends Income Tax Rules: SOEs bound to approach ADRCs

ISLAMABAD: The state-owned enterprises have been bound to approach the alternate dispute resolution committees...

Updated 07 Sep, 2024 03:07pm

Business & Finance

SECP drafts recommendations for improvement in public offering regime

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has drafted major recommendations for...

Published 07 Sep, 2024 06:59am

Business & Finance

MTBA asks ATIR chairman to transfer urgent cases back to Multan Bench

ISLAMABAD: The Multan Tax Bar Association (MTBA) has formally requested the chairman of the Appellate Tribunal ...

Published 07 Sep, 2024 06:59am

FBR amends Federal Excise Rules, 2005

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday notified the Computerized Payment Receipt (CPR-FE) for...

Updated 06 Sep, 2024 09:23am

9,130 big retailers integrated in POS system

ISLAMABAD: The Federal Board of Revenue (FBR) has integrated 9,130 big retailers into Point of Sales (POS) system up...

Updated 05 Sep, 2024 08:53am

Business & Finance

Recovery of taxes: AGP unearths Rs737.868bn irregularities

ISLAMABAD: The Auditor General of Pakistan (AGP) has unearthed financial and procedural irregularities to the tune ...

Published 05 Sep, 2024 06:19am

Fixed tax: Traders ready to pay Rs5,000 per month

Sources say traders' demand seems to be unrealistic and impractical to reduce the amount from Rs60,000 per month to Rs5,000 per month, but the FBR will find some way to resolve the issue

Updated 05 Sep, 2024 02:11pm

Pakistan

Member CCP held for alleged involvement in wheat scam

ISLAMABAD: Federal Investigation Agency Anti-Corruption Circle Lahore has arrested Saeed Ahmed Nawaz, Member...

Published 04 Sep, 2024 08:27am

Business & Finance

FBR suspends officials found ‘involved’ in refund scam

ISLAMABAD: The Federal Board of Revenue (FBR) has suspended Commissioner-Inland Revenue (Refunds), Regional Tax...

Published 04 Sep, 2024 07:48am

Advance tax: FBR asks traders to give alternative solution to valuation table

ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, asked traders to give alternative solution to the valuation...

Updated 04 Sep, 2024 09:12am

FBR forms body to evaluate cases before filing appeals with HCs

Business & Finance

Risk mitigation option for the cos: SECP underscores for creation of insurance pool

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed creation of an insurance pool to...

Published 03 Sep, 2024 06:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 26	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Adam Sugar / Dec 26 Adam Sugar Mills Limited(ADAMS)	63.91 ▲ 5.81 (10.00%)
Dar-es-Salaam / Dec 26 Dar-es-Salaam Textile Mills Limited(DSML)	51.25 ▲ 4.66 (10.00%)
Ideal Sp. / Dec 26 Ideal Spinning Mills Limited(IDSM)	12.43 ▲ 1.13 (10.00%)
Liven Pharma / Dec 26 Liven Pharma Limited(LIVEN)	113.10 ▲ 10.28 (10.00%)
Leiner Pak Gelat / Dec 26 Leiner Pak Gelatine Limited(LPGL)	145.19 ▲ 13.20 (10.00%)
Ghani Chem. Ind. / Dec 26 Ghani Chemical Industries Limited(GCIL)	17.74 ▲ 1.61 (9.98%)

Stock	Price
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Hoechst Pak. / Dec 26 Hoechst Pakistan Limited(HPL)	2,565 ▼ -285.00 (-10.00%)
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.15 ▼ -2.52 (-9.82%)
Unicap Modaraba / Dec 26 Unicap Modaraba(UCAPM)	2.85 ▼ -0.31 (-9.81%)
Reliance Cotton / Dec 26 Reliance Cotton Spinning Mills Limited(RCML)	650 ▼ -60.29 (-8.49%)
Quetta Textile / Dec 26 Quetta Textile Mills Limited(QUET)	19.02 ▼ -1.69 (-8.16%)
Globe Residency / Dec 26 Globe Residency REIT(GRR)	13.51 ▼ -1.12 (-7.66%)
Leather Up Ltd. / Dec 26 Leather Up Limited(LEUL)	24.70 ▼ -1.77 (-6.69%)
Faran Sugar (R) / Dec 26 Faran Sugar Mills Limited (R)(FRSMR)	8 ▼ -0.52 (-6.10%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.04
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	67,135,769 ▲ 0.69
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -0.39
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.09
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.11
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	29,562,935 ▲ 4.28
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.27
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.36
Sui North Gas / Dec 26 Sui Northern Gas Pipelines Limited(SNGP)	26,262,710 ▲ 3.06

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