News stories for Sohail Sarfraz

Sohail Sarfraz

FY23 sales of immovable properties: WHT collection registers 340.5pc growth YoY

Federal Board of Revenue releases withholding tax data

Updated 29 Nov, 2023 09:51am

IMF team briefed about tax policy reforms

ISLAMABAD: The task force on tax and Federal Board of Revenue (FBR) reforms, Tuesday, briefed the International...

Updated 29 Nov, 2023 08:52am

FBR gets data of unregistered sugar buyers

ISLAMABAD: The Federal Board of Revenue (FBR) has obtained data of unregistered buyers of sugar from Sales Tax...

Updated 29 Nov, 2023 08:53am

Business & Finance

FBR pays refunds/customs rebates of Rs335.6bn in 2022-23

ISLAMABAD: The Federal Board of Revenue (FBR) has paid refunds/customs rebates of Rs335.6 billion during 2022-23 as...

Published 29 Nov, 2023 05:09am

Business & Finance

Past income tax arrears: FBR recovers Rs2.8bn

ISLAMABAD: The Federal Board of Revenue’s recovery from past income tax arrears totaled at Rs 2.8 billion during...

Published 29 Nov, 2023 05:09am

Five major categories of ATT cargoes: 10pc processing fee abolished

ISLAMABAD: The 10 percent processing fee on five major categories of Afghan transit commercial goods covering...

Updated 28 Nov, 2023 09:49am

Proposed ‘Federal Board of Customs’: PMO asks FBR to submit comments

ISLAMABAD: The Prime Minister’s Office has asked the Federal Board of Revenue (FBR) chairman to submit the FBR’s...

Updated 28 Nov, 2023 09:48am

FBR informs IMF of its plan to register 1m non-filers

ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed the International Monetary Fund (IMF) that tax...

Updated 28 Nov, 2023 09:09am

Pakistan

Customs employee arrested for suspected links with gang

ISLAMABAD: Directorate General of Intelligence and Investigation Inland Revenue has arrested a customs employee of...

Published 27 Nov, 2023 06:13am

Customs agents, brokers and transporters: FBR abolishes ‘security’ condition for ATT containers

ISLAMABAD: The condition for Customs agents/brokers and transport operators to submit financial security in the form...

Updated 26 Nov, 2023 09:54am

Business & Finance

CCP initiates inquiry against automobile sector

ISLAMABAD: The Competition Commission of Pakistan (CCP) is conducting an enquiry against the automobile sector...

Published 26 Nov, 2023 03:31am

Imposition of additional tax on windfall income subject to NA’s nod

ISLAMABAD: The Federal Board of Revenue (FBR)’s notification to impose a 40 percent additional tax on windfall...

Published 25 Nov, 2023 05:19am

Customs’ values on import of Methyl Acetate revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised Customs values on the import of Methyl...

Updated 25 Nov, 2023 08:49am

Business & Finance

Import from China: Customs’ values on fleece fabrics fixed

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

Published 25 Nov, 2023 05:19am

FBR-Nadra body tasked to broaden tax base

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday constituted a high-level technical committee of National...

Updated 24 Nov, 2023 09:18am

Documented cigarette manufacturers, other sectors: FBR likely to increase prices of tax stamps

ISLAMABAD: The Federal Board of Revenue (FBR) is likely to increase the prices of tax stamps used by documented...

Updated 24 Nov, 2023 09:20am

Pakistan

Mosque: FTO says charging IT by KE thru power bill illegal

ISLAMABAD: Federal Tax Ombudsman (FTO) has ruled that charging of income tax by M/s K-Electric, Karachi through...

Published 23 Nov, 2023 03:19am

Additional tax on windfall income, profits, gains: Banks given Nov 30 deadline to make payment

FBR specifies that the rate of tax for the purpose of the said section 99D shall be 40 percent

Updated 23 Nov, 2023 09:55am

Business & Finance

Manufacturing premises: FBR refuses DA to IR staff

ISLAMABAD: The Federal Board of Revenue (FBR) has refused to grant daily allowance (DA) to the officers/ staff of...

Published 23 Nov, 2023 03:19am

Business & Finance

Foreign currency deals during 2021, 2022: FBR to impose 40pc additional tax on windfall profits of banks

ISLAMABAD: The Federal Board of Revenue (FBR) will shortly issue a statutory regulatory order (SRO) to impose 40...

Published 22 Nov, 2023 05:48am

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

Markets →

Budget 2024-25: income tax calculator for FY25

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