News stories for Sohail Sarfraz

Sohail Sarfraz

Finance Bill 2024: New ‘late filers’ category introduced

Category created to attract higher rate of tax for late filing of income tax return

Updated 13 Jun, 2024 03:48pm

Prepaid internet, phone cards: Govt increases income tax rate for non-filers

ISLAMABAD: The government has increased the income tax rate for non-filers purchasing prepaid internet and phone...

Updated 13 Jun, 2024 09:34am

Pakistan

Exemptions withdrawn: Rs1.8trn new taxation measures unveiled

ISLAMABAD: The government has announced new taxation/enforcement measures of nearly Rs 1,800 billion through...

Published 13 Jun, 2024 03:32am

Pakistan

Regulatory Duty imposed/ raised on wide range of items

ISLAMABAD: The government has imposed/raised regulatory duty on the import of a wide range of items to encourage...

Published 13 Jun, 2024 03:32am

Pakistan

Coal, gypsum and plastic waste: 80pc GST withholding rate on supplies proposed

ISLAMABAD: The Finance Bill 2024 has proposed a sales tax withholding rate of 80 percent on supplies of coal,...

Published 13 Jun, 2024 03:32am

Pakistan

Property transactions: Progressive tax rates announced

ISLAMABAD: The government has announced progressive tax rates on purchases and sales of properties, categorised into...

Published 13 Jun, 2024 03:32am

Tax exemptions, zero-rating cost kitty over Rs3.87trn

ISLAMABAD: Total tax exemptions, concessions, zero-rating and special tax treatments to various businesses,...

Updated 12 Jun, 2024 08:59am

Rs12trn tax collection target likely

Finance Bill 2024 to be revealed today

Updated 12 Jun, 2024 02:32pm

Business & Finance

Tax exemptions for steel, ghee units in Fata/Pata: Industries urge govt not to give any extension, threaten to shut down units

ISLAMABAD: Leading industries including steel and ghee/cooking oil have threatened to close down their factories...

Published 11 Jun, 2024 03:17am

GST rate to stay unchanged at 18pc

ISLAMABAD: The standard rate of sales tax would remain unchanged at 18 percent from July 1, 2024. Sources told...

Updated 11 Jun, 2024 08:41am

Pakistan

FBR: CA firm seeks details of rented buildings

ISLAMABAD: A chartered accountant firm has approached chairman Federal Board of Revenue (FBR) seeking details of...

Published 10 Jun, 2024 06:52am

Business & Finance

Rise in tax on import of cell phones likely

ISLAMABAD: The government is likely to increase duties and taxes on the commercial import of mobile phones in CKD/...

Updated 10 Jun, 2024 08:39am

SECP proposes assessment of crops, livestock insurance

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed a thorough reassessment of the...

Updated 09 Jun, 2024 09:42am

Business & Finance

Old cars’ import: PM directs FBR to curb misuse of baggage scheme

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to place appropriate checks...

Published 09 Jun, 2024 03:10am

Business & Finance

Livestock Insurance: SECP for establishing insurance pools

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has recommended establishing insurance pools or...

Published 08 Jun, 2024 07:00am

Business & Finance

Going after taxpayers without sound legal footing constitutes harassment: FTO

ISLAMABAD: The Inland Revenue tax officials are allegedly committing the worst kind of harassment by issuing illegal...

Published 08 Jun, 2024 07:00am

Business & Finance

FBR penalises IR officer for causing revenue loss

ISLAMABAD: The Federal Board of Revenue (FBR) has penalized an Inland Revenue officer, who caused revenue loss by...

Published 08 Jun, 2024 07:00am

Customs inspector ‘involved’ in smuggling of POL products reinstated

Pakistan

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

Markets →

Budget 2024-25: income tax calculator for FY25

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