News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

‘Nil’ filing of tax returns: FTO asks FBR to conduct detailed audit of a medical college

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to conduct a detailed audit...

Published 27 Dec, 2023 05:15am

High court suspends 40pc additional tax on windfall income of banks

ISLAMABAD: After Islamabad and Lahore High Courts, the Sindh High Court (SHC) has also suspended the SRO...

Updated 26 Dec, 2023 09:56am

Income tax returns: FBR warns non-filers of account freeze

Starts a countrywide survey of business and commercial units for registration of non-filers

Updated 25 Dec, 2023 05:56pm

FBR issues procedure for vendors, others to obtain licences for online businesses

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a procedure for the vendors/integrated enterprises intended...

Updated 24 Dec, 2023 09:58am

Vietnam, other origins: Customs’ values on import of cashew nuts revised

ISLAMABAD: Directorate General of Customs Valuation, Karachi has revised Customs values on the import of cashew nuts...

Updated 23 Dec, 2023 09:43am

Valuation of immovable properties: FTO directs FBR to hire competent, experienced valuers

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to hire competent and...

Updated 23 Dec, 2023 07:42pm

WHT transactions: FBR implements new documentation system

Directs withholding agents to install and integrate fiscal electronic devices and softwares for carrying out any transactions liable to withholding tax

Updated 23 Dec, 2023 07:43pm

Non-inclusion of actual freight charges: Country incurring $1.5m monthly loss in meat exports to UAE

ISLAMABAD: Pakistan is reportedly bearing a loss of $1.5 million per month due to non-inclusion of actual freight...

Updated 22 Dec, 2023 09:48am

ATIR’s orders: FTO explains what actually constitutes maladministration

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is in...

Updated 22 Dec, 2023 09:03am

Business & Finance

Telecom sector: Body formed ahead of launch of single portal for filing ST returns

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a single portal committee for operationalizing...

Published 22 Dec, 2023 05:22am

Tax on deemed income basis: BHC asks why FBR has different policies for Punjab and Balochistan

ISLAMABAD: Balochistan High Court (BHC) has directed the Federal Board of Revenue (FBR) to explain why Section 7E...

Updated 20 Dec, 2023 09:47am

Business & Finance

Internal control lapses: Rs90m penalties on erring banks termed ‘peanuts’

ISLAMABAD: The State Bank of Pakistan (SBP) has imposed penalties of Rs90 million on different banks and ...

Published 20 Dec, 2023 06:00am

Business & Finance

Fake notes of Rs5000: SBP vows to improve regulations

ISLAMABAD: The State Bank of Pakistan (SBP) has assured the Senate Standing Committee on Finance to improve...

Published 20 Dec, 2023 06:00am

Import of lubricating oils: Customs’ values increased

ISLAMABAD: Directorate General of Customs Valuation, Karachi has raised Customs values, within the range of 30 to 50...

Updated 19 Dec, 2023 09:37am

Business & Finance

SECP revises eligibility criteria for licensing of securities’ brokers

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has abolished condition for obtaining prior...

Published 19 Dec, 2023 05:20am

Business & Finance

Cross-border goods via PSW system: FBR directs govt depts to apply new ‘IRMS’

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the government departments having trade controls on...

Published 19 Dec, 2023 05:20am

Overseas Pakistanis: Depreciation on used cell phones doubled

ISLAMABAD: The depreciation on the used/ refurbished mobile phones brought into Pakistan by the overseas Pakistanis...

Updated 18 Dec, 2023 09:20am

Property registration in Punjab: Mega WHT evasion scam unearthed

Tax office of Federal Board of Revenue conducts an electronic audit of property registrars in Punjab

Updated 18 Dec, 2023 11:51am

Customs’ values of adhesive glue sticks, granules fixed

ISLAMABAD: The Directorate General of Customs Valuation Karachi has fixed new customs values on the import of hot...

Updated 17 Dec, 2023 09:28am

Money market schemes allowed to invest in debt securities

ISLAMABAD: The government has allowed money market schemes to invest in government debt securities, traded through...

Updated 17 Dec, 2023 07:55pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 3	278.63
USD PKR Interbank Buying / Jan 3	27,843
USD to Japanese Yen / Jan 3	157.26
USD to Swiss Franc / Jan 3	0.91
Pound Sterling to USD / Jan 3	1.24
Euro to USD / Jan 3	1.03

Stock	Volume
S&P 500 / Jan 3	5,942.47
India Sensex / Jan 3	79,223.11
Tokyo Nikkei / Jan 3	39,894.54
Nasdaq / Jan 3	19,621.68
Hang Seng / Jan 3	19,760.27
FTSE 100 / Jan 3	8,223.98
Dow Jones / Jan 3	42,732.13
Germany DAX 30 / Jan 3	19,906.08

Item	Value
Crude Oil USD/Barrel / Jan 3	73.96
Gold 10 Grams PKR / Jan 3	243,488.40
Gold Spot USD/Ounce / Jan 3	2,640.22
Cotton US¢/pound / Jan 3	67.66
Karachi Cotton PKR/37.32 KG / Jan 4	18,285
Petrol/Litre / Jan 5	252.66

Gainers
Losers
Leaders

Stock	Price
Tri-Star Power / Jan 3 Tri-Star Power Limited(TSPL)	6.87 ▲ 1.00 (17.04%)
Dewan Textile / Jan 3 Dewan Textile Mills Limited(DWTM)	7.50 ▲ 0.70 (10.29%)
Pak Gulf Leasing / Jan 3 Pak-Gulf Leasing Company Limited(PGLC)	28 ▲ 2.55 (10.02%)
Asim Textile / Jan 3 Asim Textile Mills Limited(ASTM)	14.72 ▲ 1.34 (10.01%)
Bannu Woollen / Jan 3 Bannu Woollen Mills Limited(BNWM)	39.34 ▲ 3.58 (10.01%)
Ali Asghar / Jan 3 Ali Asghar Textile Mills Limited(AATM)	87.12 ▲ 7.92 (10.00%)
AL-Ghazi Tractors / Jan 3 Al-Ghazi Tractors Limited(AGTL)	692.63 ▲ 62.97 (10.00%)
Arpak Int. / Jan 3 Arpak International Investments Ltd.(ARPAK)	76.89 ▲ 6.99 (10.00%)
Chakwal Spinning / Jan 3 Chakwal Spinning Mills Limited(CWSM)	79.30 ▲ 7.21 (10.00%)

Stock	Price
Khairpur Sug. / Jan 3 Khairpur Sugar Mills Limited(KPUS)	165.85 ▼ -18.43 (-10.00%)
Pak Paper Prod / Jan 3 Pakistan Paper Products Limited(PPP)	163.24 ▼ -18.14 (-10.00%)
Jubilee Spinning / Jan 3 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.81 ▼ -1.19 (-9.92%)
National Silk / Jan 3 The National Silk & Rayon Mills Limited(NSRM)	49.96 ▼ -5.48 (-9.88%)
Al-Khair Gadoon / Jan 3 Al-Khair Gadoon Limited(AKGL)	37.50 ▼ -3.95 (-9.53%)
Escorts Bank / Jan 3 Escorts Investment Bank Limited(ESBL)	6.22 ▼ -0.63 (-9.20%)
Intermarket Securities / Jan 3 Intermarket Securities Limited(IMS)	67.01 ▼ -6.76 (-9.16%)
Premium Textile / Jan 3 Premium Textile Mills Limited(PRET)	365.10 ▼ -34.90 (-8.72%)
Shahzad Tex. / Jan 3 Shahzad Textile Mills Limited(SZTM)	27.30 ▼ -2.57 (-8.60%)

Stock	Volume
Fauji Foods Ltd / Jan 3 Fauji Foods Limited(FFL)	89,478,727 ▲ 0.26
WorldCall Telecom / Jan 3 Worldcall Telecom Limited(WTL)	72,529,816 ▼ -0.06
Telecard Limited / Jan 3 Telecard Limited(TELE)	61,073,411 ▼ -0.38
Cnergyico PK / Jan 3 Cnergyico PK Limited(CNERGY)	56,752,893 ▲ 0.01
Fauji Cement / Jan 3 Fauji Cement Company Limited(FCCL)	54,319,935 ▼ -2.12
Pace (Pak) Ltd. / Jan 3 Pace (Pakistan) Limited(PACE)	47,336,133 ▲ 0.00
K-Electric Ltd. / Jan 3 K-Electric Limited(KEL)	47,012,733 ▼ -0.21
B.O.Punjab / Jan 3 The Bank of Punjab(BOP)	37,387,280 ▲ 0.11
Bank Makramah / Jan 3 Bank Makramah Limited(BML)	34,237,257 ▲ 0.25

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