News stories for Sohail Sarfraz

Sohail Sarfraz

Disposal of immovable property: 15pc flat rate on gain proposed

ISLAMABAD: Finance Bill 2024 has proposed a flat rate of 15 percent on gain from disposal of immovable property...

Updated 24 Jun, 2024 08:41am

Non-performing bank loans: Finance bill proposes amendments in 7th Schedule

ISLAMABAD: Finance Bill 2024 has proposed amendments in Seventh Schedule (Banking Schedule) of the Income Tax...

Updated 24 Jun, 2024 08:47am

Business & Finance

Scope of ‘tax fraud’ phrase widened

ISLAMABAD: The issuance of sales tax invoice without actual supply of goods in the market would now be considered a...

Published 24 Jun, 2024 07:00am

Pakistan

Teachers, researchers: APSUP, PAMI urge govt to restore tax rebate

ISLAMABAD: The Association of Private Sector Universities of Pakistan (APSUP) and the Association of Private Medical...

Published 23 Jun, 2024 02:50am

Business & Finance

Royalty arrangements: ABC asks govt to revisit disallowance decision

ISLAMABAD: The American Business Council of Pakistan (ABC) has strongly recommended to the government to reconsider...

Published 23 Jun, 2024 02:50am

Purchase/lease of cars: FTO detects serious flaws in WHT deduction

ISLAMABAD: The Federal Tax Ombudsman (FTO) has detected serious flaws in withholding tax deduction on purchase/lease...

Updated 23 Jun, 2024 03:47pm

Business & Finance

FTO directs FBR to ensure disposal of confiscated goods

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure disposal of ...

Published 23 Jun, 2024 02:50am

Tax measures to stoke inflation: Senate panel

ISLAMABAD: The Senate Standing Committee on Finance has expressed serious concerns over the proposed tax measures in...

Updated 23 Jun, 2024 03:16pm

Business & Finance

Non-issuance of DO/NOC: FTO directs FBR to cancel shipping co’s licence

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to cancel or suspend the...

Published 23 Jun, 2024 02:50am

Senate panel finalises proposals for changes in finance bill

ISLAMABAD: The Senate Standing Committee on Finance and Revenue, Saturday, finalised a set of recommendations for...

Updated 23 Jun, 2024 05:48pm

Senate panel asks FBR to address concerns of retail sector

ISLAMABAD: The Senate Standing Committee on Finance recommended Federal Board of Revenue (FBR) to address concerns...

Updated 22 Jun, 2024 09:18am

Major urban cities: Valuation of immovable properties to be increased to 90pc

ISLAMABAD: The Federal Board of Revenue (FBR) Friday informed the Senate Standing Committee on Finance that the...

Updated 22 Jun, 2024 05:37pm

Royalty arrangement: 25pc of sales promotion, ad expenses disallowed

ISLAMABAD: The government has disallowed 25 percent of sales promotion and advertising expenses under the royalty...

Updated 22 Jun, 2024 09:18am

Export of goods: Finance Bill proposes to change tax regime to ‘minimum tax’

ISLAMABAD: The Finance Bill 2024 has proposed to change the tax regime for export of goods from “final tax regime”...

Updated 22 Jun, 2024 02:37pm

Finance Bill 2024: Wealth Statement now in sharp focus

New bill proposes to extend the scope of best judgment assessment under section 121 of the Ordinance

Updated 21 Jun, 2024 04:00pm

Business & Finance

Finance bill imposes additional financial burden on textile units: APTMA

ISLAMABAD: Textile industry has categorically conveyed to the Federal Board of Revenue (FBR) that the Finance Bill...

Published 21 Jun, 2024 06:37am

e-vehicles, telecom sector: FBR vows to review omission of incentives

ISLAMABAD: The Federal Board of Revenue (FBR) has assured the finance committee that it will review the omission of...

Updated 21 Jun, 2024 09:17am

Business & Finance

Some taxation measures: No final decision taken on reversal: FBR

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Amjed Zubair Tiwana said Thursday that so far government the has...

Published 21 Jun, 2024 06:37am

GST on infant food, milk in phases

ISLAMABAD: The tax policy of introducing sales tax in three stages, starting from 5 percent on infant formula, baby...

Updated 20 Jun, 2024 09:00am

Business & Finance

SECP directs listed companies to implement anti-harassment policy

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed listed companies to implement an...

Published 20 Jun, 2024 06:01am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 26	157.65
USD to Swiss Franc / Dec 26	0.90
Pound Sterling to USD / Dec 26	1.25
Euro to USD / Dec 26	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
FTSE 100 / Dec 24	8,136.99
France CAC40 / Dec 24	7,282.69
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Petrol/Litre / Dec 27	252.10
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Diesel/Litre / Dec 27	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Trust Sec.& Brok. / Dec 27 Trust Securities & Brokerage Limited(TSBL)	12.71 ▲ 1.16 (10.04%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Nimir Resins / Dec 27 Nimir Resins Limited(NRSL)	35.41 ▲ 3.22 (10.00%)
Suhail Jute / Dec 27 Suhail Jute Mills Limited(SUHJ)	108.97 ▲ 9.91 (10.00%)
Pak Gulf Leasing / Dec 27 Pak-Gulf Leasing Company Limited(PGLC)	17.39 ▲ 1.58 (9.99%)
Shams Textile / Dec 27 Shams Textile Mills Limited(STML)	28.68 ▲ 2.57 (9.84%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 27 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Sardar Chemical / Dec 27 Sardar Chemical Industries Limited(SARC)	33.04 ▼ -3.63 (-9.90%)
Hafiz Ltd. / Dec 27 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Premium Textile / Dec 27 Premium Textile Mills Limited(PRET)	351 ▼ -33.21 (-8.64%)
Kohinoor Mills / Dec 27 Kohinoor Mills Limited(KML)	29.50 ▼ -2.53 (-7.90%)
B.R.R. Guardian / Dec 27 B.R.R. Guardian Limited(BRRG)	21 ▼ -1.77 (-7.77%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 1.34
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.72
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.07
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	24,578,068 ▲ 0.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	24,568,564 ▲ 0.32
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	24,455,646 ▲ 0.94
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.05
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	17,934,003 ▼ -0.06

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