News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

Coercive steps against taxpayers: probe ordered

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to investigate all cases...

Updated 10 Jan, 2024 09:00am

CCP asks PBS to share data of major sectors

ISLAMABAD: The Competition Commission of Pakistan (CCP) has asked the Pakistan Bureau of Statistics (PBS) to share...

Updated 09 Jan, 2024 09:17am

Restructuring of FBR on the cards

ISLAMABAD: The caretaker government has constituted a high-level committee to submit specific recommendations on the...

Updated 09 Jan, 2024 08:39am

FBR takes action against 93 tax personnel

ISLAMABAD: The Federal Board of Revenue (FBR) has taken disciplinary action against 93 tax officials during 2022-23...

Updated 08 Jan, 2024 09:44am

Micro/inclusive insurance: New scheme likely to be embedded into other services

The proposed insurance scheme is likely to be embedded with other financial services, like credit, savings, and remittances, to increase financial inclusion

Updated 07 Jan, 2024 08:40pm

MoF spells out FBR reforms agenda

ISLAMABAD: The government has announced that the creation of specialized administrative structures in the Federal...

Updated 07 Jan, 2024 10:18am

FBR restructuring plan finalised

A summary is likely to be moved in the next meeting of the federal cabinet for the approval of the FBR’s restructuring plan

Updated 06 Jan, 2024 09:50pm

ATL data of two FBR wings do not match

ISLAMABAD: The data of active income/ sales taxpayers of the Federal Board of Revenue (FBR) IT Wing and Inland...

Updated 06 Jan, 2024 09:57am

FTO asks FBR not to file writ petitions against its orders

ISLAMABAD: The Federal Tax Ombudsman (FTO) has asked the Federal Board of Revenue (FBR) not to file writ petitions...

Updated 05 Jan, 2024 08:27am

FBR develops new tool for retailers

ISLAMABAD: The Federal Board of Revenue (FBR) has developed a new software for taxation of retailers under the new...

Updated 05 Jan, 2024 02:27pm

Input tax adjustment: FBR extends date for proposals on ‘HS codes’ new list

ISLAMABAD: The Federal Board of Revenue (FBR) has extended date upto January 10, 2024 for leading sectors to submit...

Updated 04 Jan, 2024 08:30am

Smuggling, non-duty paid vehicles: LEAs, Intelligence personnel entitled to FBR cash rewards

ISLAMABAD: The officers of the law enforcement agencies and intelligence agencies would now be entitled to cash...

Updated 04 Jan, 2024 08:55am

Markets

Stock market trading, shares: SECP needs more monitoring of ‘expert opinion’ social media groups

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) requires more surveillance and monitoring of ...

Published 03 Jan, 2024 05:32am

Business & Finance

FTO monitoring LTO for timely completion of ongoing audit of MTL

ISLAMABAD: The Federal Tax Ombudsman (FTO) is monitoring the Large Tax Office (LTO), Lahore to ensure the timely...

Published 03 Jan, 2024 05:32am

FBR set to block mobile phones of non-filers

Tax body will issue Income Tax General order by January 15

Updated 03 Jan, 2024 03:26pm

Business & Finance

FBR says has implemented 94.07pc FTO recommendations in 2023

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented 94.07 percent recommendations of the Federal Tax...

Published 03 Jan, 2024 05:32am

Pakistan

PM for taking foolproof steps to deal with smuggling challenge

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has described smuggling and illegal transportation of goods...

Published 02 Jan, 2024 05:21am

Failure to integrate with ‘RADAR’: FBR being empowered to penalise govt entities

ISLAMABAD: The Federal Board of Revenue (FBR) is being legally empowered to impose penalties and prosecute...

Updated 02 Jan, 2024 08:53am

Business & Finance

Turnover tax recovery: FBR launches drive against Discos

ISLAMABAD: The Federal Board of Revenue (FBR) has launched an enforcement drive against power distribution companies...

Published 02 Jan, 2024 05:21am

‘Implementation of ATIR’s orders’: President rejects appeal of LTO Islamabad

ISLAMABAD: President Arif Alvi has rejected the stance of Large Taxpayer Office (LTO) Islamabad and declared that...

Updated 01 Jan, 2024 09:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 2	278.75
USD PKR Interbank Buying / Jan 2	278.55
USD to Japanese Yen / Jan 2	156.70
USD to Swiss Franc / Jan 2	0.90
Pound Sterling to USD / Jan 2	1.25
Euro to USD / Jan 2	1.04

Stock	Volume
S&P 500 / Jan 1	5,881.63
Tokyo Nikkei / Jan 1	39,894.54
Nasdaq / Jan 1	19,310.79
Dow Jones / Jan 1	42,544.22
India Sensex / Jan 2	79,764.68
Hang Seng / Jan 2	19,586.19
FTSE 100 / Jan 2	8,177.07
Germany DAX 30 / Jan 2	19,923.95

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 1	18,085
Gold 10 Grams PKR / Jan 1	241,773.70
Crude Oil USD/Barrel / Jan 2	71.98
Gold Spot USD/Ounce / Jan 2	2,635.56
Cotton US¢/pound / Jan 2	68.76
Petrol/Litre / Jan 3	252.66

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Jan 2 Siddiqsons Tin Plate Limited(STPL)	6.66 ▲ 0.80 (13.65%)
Escorts Bank / Jan 2 Escorts Investment Bank Limited(ESBL)	6.85 ▲ 0.80 (13.22%)
Tri-Star Power / Jan 2 Tri-Star Power Limited(TSPL)	5.87 ▲ 0.63 (12.02%)
Ittefaq Iron Ind / Jan 2 Ittefaq Iron Industries Limited(ITTEFAQ)	9.47 ▲ 1.00 (11.81%)
Blue-Ex Ltd / Jan 2 Blue-Ex Limited (GEM)(GEMBLUEX)	47.69 ▲ 4.34 (10.01%)
Ali Asghar / Jan 2 Ali Asghar Textile Mills Limited(AATM)	79.20 ▲ 7.20 (10.00%)
AL-Ghazi Tractors / Jan 2 Al-Ghazi Tractors Limited(AGTL)	629.66 ▲ 57.24 (10.00%)
Biafo Ind. / Jan 2 Biafo Industries Limited(BIFO)	217.42 ▲ 19.77 (10.00%)
Exide (PAK) / Jan 2 Exide Pakistan Limited(EXIDE)	889.49 ▲ 80.86 (10.00%)

Stock	Price
First Prudential Mod. / Jan 2 First Prudential Modaraba(PMI)	2.97 ▼ -0.72 (-19.51%)
Zahid Jee Textile / Jan 2 Zahidjee Textile Mills Limited(ZAHID)	27.90 ▼ -3.10 (-10.00%)
Frontier Ceram / Jan 2 Frontier Ceramics Limited(FRCL)	34.76 ▼ -3.86 (-9.99%)
Ellcot Spinning / Jan 2 Ellcot Spinning Mills Limited(ELSM)	108.10 ▼ -11.97 (-9.97%)
Fateh Sports / Jan 2 Fateh Sports Wear Limited(FSWL)	78.60 ▼ -8.62 (-9.88%)
National Silk / Jan 2 The National Silk & Rayon Mills Limited(NSRM)	50 ▼ -5.44 (-9.81%)
Al-Khair Gadoon / Jan 2 Al-Khair Gadoon Limited(AKGL)	37.41 ▼ -4.04 (-9.75%)
Olympia Mills / Jan 2 Olympia Mills Limited(OML)	36.36 ▼ -3.53 (-8.85%)
First Capital Equities / Jan 2 First Capital Equities Limited(FCEL)	5.51 ▼ -0.51 (-8.47%)

Stock	Volume
Fauji Foods Ltd / Jan 2 Fauji Foods Limited(FFL)	88,905,675 ▲ 0.88
Cnergyico PK / Jan 2 Cnergyico PK Limited(CNERGY)	71,999,946 ▼ -0.11
WorldCall Telecom / Jan 2 Worldcall Telecom Limited(WTL)	71,859,219 ▲ 0.03
Pak Int.Bulk / Jan 2 Pakistan International Bulk Terminal(PIBTL)	62,831,962 ▼ -0.20
Telecard Limited / Jan 2 Telecard Limited(TELE)	60,523,518 ▲ 0.72
B.O.Punjab / Jan 2 The Bank of Punjab(BOP)	45,412,470 ▼ -0.17
Pace (Pak) Ltd. / Jan 2 Pace (Pakistan) Limited(PACE)	41,276,943 ▲ 0.26
Pak Elektron / Jan 2 Pak Elektron Limited(PAEL)	33,978,834 ▲ 0.11
Aisha Steel Mill / Jan 2 Aisha Steel Mills Limited(ASL)	33,731,868 ▼ -0.39

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