News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

FBR asked to stop harassing taxpayers by demanding individual CPRs

ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern that the Federal Board of Revenue (FBR) is...

Published 07 Jun, 2024 06:24am

Pakistan

Rs60m penalties on 2 firms: IHC upholds decision of SECP appellate bench

ISLAMABAD: The Islamabad High Court has upheld the decision of the Appellate Bench of the Securities and Exchange...

Published 06 Jun, 2024 03:09am

$130 per metric ton customs value fixed on Pink Rock Salt’s export

ISLAMABAD: The Directorate of Customs Valuation Lahore has fixed customs value of $130 per metric ton (PMT) on the...

Updated 06 Jun, 2024 09:10am

FBR finalises revised GST schedules for budget

ISLAMABAD: The Federal Board of Revenue (FBR) has finalised revised sales tax schedules, ie, Sixth Schedule...

Updated 06 Jun, 2024 08:40am

Pakistan

Business operations to become infeasible if higher FED rates continue: LUMS

ISLAMABAD: A new study by the Lahore University of Management Sciences (LUMS) cautioned that the business operations...

Published 05 Jun, 2024 07:08am

Business & Finance

FBR asked to review banks’ withholding regime

ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to review regulatory...

Published 05 Jun, 2024 06:25am

Super tax cannot be imposed retrospectively: LHC

ISLAMABAD: Lahore High Court (LHC) Tuesday held that super tax under Section 4C (Super tax on high-earning persons)...

Updated 05 Jun, 2024 02:11pm

Transactions in PKR between Gwadar free zone, tariff area allowed

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed business transactions of goods trading between Gwadar Free...

Updated 05 Jun, 2024 02:11pm

Business & Finance

FY25 budget: Pension tax proposal dropped

ISLAMABAD: The government has dropped a major budget proposal to tax pensions in 2024-25. It is learnt that the...

Published 04 Jun, 2024 06:28am

Business & Finance

Finance Bill to amend Tax Laws (Amendment) Act, 2024

ISLAMABAD: Finance Bill 2024 would amend Tax Laws (Amendment) Act, 2024 to deal with emerging legal issues being...

Published 04 Jun, 2024 06:28am

FBR to upgrade IT infrastructure through World Bank lending

ISLAMABAD: The Federal Board of Revenue (FBR) will modernise its IT infrastructure, set up new data centres and...

Updated 03 Jun, 2024 09:13am

FTO proposes massive changes in tax policy/laws

ISLAMABAD: The Federal Tax Ombudsman (FTO) has proposed massive changes in tax policy/laws through Finance Bill 2024...

Updated 02 Jun, 2024 12:21pm

Plea challenging Tax Laws (Amendment) Act: LHC issues notices to ministry of law, FBR & AGP

ISLAMABAD: The Lahore High Court (LHC) has issued notices to the Ministry of Law and Justice, the Federal Board of...

Updated 01 Jun, 2024 02:02pm

Alleged involvement in refund issue: FBR fires four senior IR officers

ISLAMABAD: The Federal Board of Revenue (FBR) has removed four senior Inland Revenue officers from their positions...

Updated 01 Jun, 2024 02:02pm

Immovable properties: BHC declares Section 7E of ITO as ultra vires to constitution

ISLAMABAD: Balochistan High Court (BHC) has declared Section 7E (tax on deemed income basis) of the Income Tax...

Updated 01 Jun, 2024 03:51pm

Business & Finance

Erstwhile tribal areas: Steel sector warns govt against extending tax exemption

ISLAMABAD: The steel sector has warned the federal government that any move to extend tax exemption to erstwhile...

Published 01 Jun, 2024 06:59am

Pakistan

‘CCP imposes Rs74bn of penalties on cartels but cases still pending in courts’

ISLAMABAD: Chairman Competition Commission of Pakistan (CCP), Dr Kabir Ahmed Sidhu, Thursday said that CCP had...

Published 31 May, 2024 06:58am

Delay in payment of refunds major area of concern for FTO’s office: Jah

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 27	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
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
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

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%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
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%)
Oilboy Energy / Dec 27 Oilboy Energy Limited(OBOY)	11 ▲ 1.00 (10.00%)
Suhail Jute / Dec 27 Suhail Jute Mills Limited(SUHJ)	108.97 ▲ 9.91 (10.00%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Sanghar Sugar / Dec 27 Sanghar Sugar Mills Limited(SANSM)	21.40 ▼ -2.38 (-10.01%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Sindh Abadgar / Dec 27 Sindh Abadgar's Sugar Mills Limited(SASML)	30.60 ▼ -3.40 (-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%)
Hafiz Ltd. / Dec 27 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Faran Sugar (R) / Dec 27 Faran Sugar Mills Limited (R)(FRSMR)	7.31 ▼ -0.74 (-9.19%)
Premium Textile / Dec 27 Premium Textile Mills Limited(PRET)	351 ▼ -33.21 (-8.64%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 1.47
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 ▲ 1.65
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.08
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	25,855,307 ▲ 0.31
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	25,200,442 ▲ 0.42
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	24,987,466 ▲ 1.01
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.13
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	19,262,688 ▼ -0.05

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