News stories for Sohail Sarfraz

Sohail Sarfraz

Directorate of PCA (South) Karachi: FTO for withdrawal of illegal audit notices to importers

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Directorate of Post-Clearance Audit Karachi to withdraw...

Updated 25 May, 2024 08:42am

Business & Finance

Budget 2024-25: Extra taxation will be avoided, FBR assures juice industry

ISLAMABAD: The Federal Board of Revenue (FBR) has assured the formal packaged juice industry that the government...

Updated 24 May, 2024 07:45pm

Simplifying enrolment of NBFCs: SECP introduces Self-Assessment Declaration Form

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Thursday introduced a Self-Assessment...

Updated 24 May, 2024 09:19am

Many zero-rated items: FBR proposes standard rate of 18pc sales tax

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a standard rate of 18 percent sales tax on a wide range...

Updated 24 May, 2024 11:29pm

14-seater sightseeing bus: 30pc duty on electric vehicle import imposed

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has imposed 30 percent customs...

Updated 24 May, 2024 02:28pm

No super tax payable on income falling under FTR: Karachi ATIR

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR), Karachi, has declared that no super tax is payable on...

Updated 23 May, 2024 08:45am

FBR to issue uniform tax recovery rules in budget

ISLAMABAD: The Federal Board of Revenue (FBR) will issue uniform sales tax, income tax and federal excise recovery...

Updated 23 May, 2024 09:16am

Business & Finance

Minister underscores need for broadening tax base

ISLAMABAD: Pakistan has a capacity to generate Rs27,000 billion in terms of taxes and we will not need the loans of...

Published 22 May, 2024 05:54am

Business & Finance

Auctioned vehicles by successful bidders: FBR directed to devise comprehensive SOP for timely lab testing

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to devise a comprehensive...

Published 22 May, 2024 05:54am

Business & Finance

FTO instructs FBR to ensure IR Commissioner in addressing rectification application

ISLAMABAD: The Federal Tax Ombudsman (FTO) has instructed the Federal Board of Revenue (FBR) to ensure that the...

Published 22 May, 2024 05:54am

Business & Finance

Budget 2024-25: PBC for documenting economy as per Indian model

ISLAMABAD: Pakistan Business Council (PBC) has strongly proposed Finance Minister Muhammad Aurangzeb to implement...

Published 21 May, 2024 03:39am

Business & Finance

FTO says overseas Pakistanis entitled to import vehicles under IPO

ISLAMABAD: The overseas Pakistanis are entitled to import vehicles under personnel baggage scheme, transfer of...

Published 20 May, 2024 05:44am

Govt eyeing new steps to achieve Rs1trn plus taxation

Budget makers are considering further increasing difference of withholding tax rates between filers and non-filers of returns

Updated 20 May, 2024 07:05pm

Business & Finance

Delay in issuance of tax refund for 2013-14: CTO involved in justice maladministration: FTO

ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah in a landmark judgment has declared that Corporate ...

Published 20 May, 2024 05:44am

Art/music students: FTO directs FBR not to charge 20-40pc WHT on honoraria

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to stop Punjab Council of...

Updated 19 May, 2024 09:31am

Pakistan

Violation of SC orders: FTO orders probe against CTO Islamabad officials

ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has ordered an investigation against the Federal ...

Published 18 May, 2024 05:45am

Business & Finance

Blocking SIM cards of non-filers: JWG constituted to streamline process

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a Joint Working Group (JWG) of tax officials and...

Updated 18 May, 2024 08:41am

Track-and-Trace programme: Bureaucratic hurdles put huge FDI at stake

ISLAMABAD: The bureaucratic hurdles created by the Federal Board of Revenue (FBR) have put foreign direct investment...

Updated 18 May, 2024 03:49pm

Business & Finance

Audit report for FY23 tax period: AGP objects to FBR’s increased reliance on WHTs

ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly objected that the Federal Board of Revenue (FBR) has...

Published 17 May, 2024 05:50am

Immovable properties: Hike in advance tax on purchase likely

Taxation on real estate discussed during ongoing meetings between FBR and IMF

Updated 17 May, 2024 11:39am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 25	154.29
USD to Swiss Franc / Nov 25	0.89
Pound Sterling to USD / Nov 25	1.26
Euro to USD / Nov 25	1.05

Stock	Volume
S&P 500 / Nov 22	5,969.34
Nasdaq / Nov 22	18,003.65
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59
France CAC40 / Nov 22	7,255.01
India Sensex / Nov 25	80,331.40
Tokyo Nikkei / Nov 25	38,933.62

Item	Value
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 25	248.38
Crude Oil USD/Barrel / Nov 25	70.68
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold Spot USD/Ounce / Nov 25	2,664.27
Diesel/Litre / Nov 25	255.14

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

Markets →

Budget 2024-25: income tax calculator for FY25

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