News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

Overseas Pakistani: FTO concerned over repeated changes in tax jurisdiction

ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern over repeated changes in the tax...

Published 21 Jun, 2023 05:21am

Business & Finance

Resident individuals: FBR prescribes ‘foreign income and assets statement’

ISLAMABAD: The Federal Board of Revenue (FBR) has prescribed a “foreign income and assets statement” for ...

Published 21 Jun, 2023 05:21am

Business & Finance

Issue of e-invoicing system discussed

ISLAMABAD: Pakistan is facing major issues in the implementation of electronic-invoicing system within the supply...

Published 21 Jun, 2023 05:21am

Business & Finance

SECP announces amendments to Securities & Futures Advisers Regulations, 2017

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Tuesday announced measures to develop a...

Published 21 Jun, 2023 05:21am

Business & Finance

New rules unveiled: Goods imported for STZs must be retained for 10 years: FBR

ISLAMABAD: The goods imported for the Special Technology Zones (STZs) have to be retained for a period of at least ...

Published 20 Jun, 2023 03:16am

Business & Finance

Multinational cos propose 30pc cut in FED on cigarettes

ISLAMABAD: A multinational cigarette manufacturing company has approached the government to reduce the Federal ...

Published 20 Jun, 2023 03:16am

Super tax waiver, tax on real estate, agri sectors in phases proposed

ISLAMABAD: The Senate on Monday proposed 55 recommendations and changes in the Finance Bill 2023 including the...

Updated 20 Jun, 2023 08:58am

Business & Finance

Units in erstwhile tribal areas: Kitty to suffer Rs45bn loss due to one-year extension of exemption from duties, taxes

ISLAMABAD: The one-year extension in exemption from duties and taxes for the erstwhile tribal areas would cause a...

Published 19 Jun, 2023 06:55am

Pakistan

PHC stops ATIR Peshawar from entertaining, deciding tax appeals

ISLAMABAD: The Peshawar High Court (PHC) has stopped the Appellate Tribunal Inland Revenue (ATIR), Peshawar from...

Published 18 Jun, 2023 06:07am

WHT deduction, monitoring: 34 banks declared SWAPS agents

ISLAMABAD: The Federal Board of Revenue (FBR) has declared 34 banks as ‘SWAPS’ agents (withholding agents) for the...

Updated 18 Jun, 2023 10:05am

PSW introduces digital integration in Maritime Affairs ministry

ISLAMABAD: The Pakistan Single Window (PSW) in collaboration with the Ministry of Maritime Affairs has successfully...

Updated 18 Jun, 2023 10:10am

Banks recording WHTs on real-time basis, FBR informs FTO

ISLAMABAD: The Federal Board of Revenue (FBR) has informed the Federal Tax Ombudsman (FTO) that all bank branches...

Updated 18 Jun, 2023 10:09am

Bonus share, super tax: Senate panel rejects all sections of Finance Bill

All deferred items of Customs Act were accepted after due deliberation

Updated 17 Jun, 2023 12:37pm

Business & Finance

Finance bill 2023: recommendations finalised by Senate panel

ISLAMABAD: The Senate Standing Committee on Finance and Revenue meeting, chaired by Senator Saleem Mandviwalla has...

Published 16 Jun, 2023 07:10am

Cigarettes, juices: FED reduction likely

ISLAMABAD: In an unexpected move, the amended Finance Bill 2023 to be announced on June 23 is expected to decrease...

Updated 16 Jun, 2023 08:59am

Business & Finance

Minister explains why country’s dependency on foreign goods grows

ISLAMABAD: Sardar Ayaz Sadiq, Federal Minister for Economic Affairs on Thursday stated that Pakistan’s dependency...

Published 16 Jun, 2023 06:27am

Business & Finance

Inland Revenue officials: FBR to give cash awards on ‘extraordinary performance’

ISLAMABAD: The Federal Board of Revenue (FBR) will give cash rewards to the Inland Revenue officials who show...

Published 15 Jun, 2023 06:03am

Business & Finance

Concessional energy: APTMA steps up pressure on govt

ISLAMABAD: Leading textile units and big textile manufacturers on Wednesday warned to “hand in keys of their...

Published 15 Jun, 2023 06:03am

Business & Finance

Temporarily imported by Arab hunters: FBR asked to confiscate ‘misused’ foreign number-plate vehicles

ISLAMABAD: The Senate Standing Committee on Finance has directed the Federal Board of Revenue (FBR) to immediately...

Published 15 Jun, 2023 06:03am

Increase in foreign remittance limit may stoke money-laundering: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has expressed serious apprehension that the...

Updated 14 Jun, 2023 08:58am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 9	278.65
USD PKR Interbank Buying / Jan 9	278.45
USD to Japanese Yen / Jan 9	158.14
USD to Swiss Franc / Jan 9	0.91
Pound Sterling to USD / Jan 9	1.23
Euro to USD / Jan 9	1.03

Stock	Volume
S&P 500 / Jan 8	5,918.25
Nasdaq / Jan 8	19,478.88
Dow Jones / Jan 8	42,635.20
India Sensex / Jan 9	77,704.13
Tokyo Nikkei / Jan 9	39,516.87
Hang Seng / Jan 9	19,288.79
FTSE 100 / Jan 9	8,263.49
Germany DAX 30 / Jan 9	20,277.66

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 8	18,285
Gold 10 Grams PKR / Jan 8	237,483
Crude Oil USD/Barrel / Jan 9	73.16
Gold Spot USD/Ounce / Jan 9	2,659.11
Cotton US¢/pound / Jan 9	68.16
Petrol/Litre / Jan 10	252.66

Gainers
Losers
Leaders

Stock	Price
Next Capital / Jan 9 Next Capital Limited(NEXT)	10.49 ▲ 1.00 (10.54%)
Ahmad Hassan / Jan 9 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Dadex Eternit / Jan 9 Dadex Eternit Limited(DADX)	64 ▲ 5.82 (10.00%)
Dawood Lawrencepur / Jan 9 Dawood Lawrencepur Limited(DLL)	325.73 ▲ 29.61 (10.00%)
D.M. Textile / Jan 9 D.M. Textile Mills Limited(DMTX)	66.64 ▲ 6.06 (10.00%)
JDW Sugar / Jan 9 JDW Sugar Mills Limited(JDWS)	995.45 ▲ 90.50 (10.00%)
Matco Foods Ltd / Jan 9 Matco Foods Limited(MFL)	48.59 ▲ 4.40 (9.96%)
Baba Farid Sugar / Jan 9 Baba Farid Sugar Mills Limited(BAFS)	48 ▲ 3.90 (8.84%)
Asim Textile / Jan 9 Asim Textile Mills Limited(ASTM)	16.42 ▲ 1.31 (8.67%)

Stock	Price
Cresent Jute / Jan 9 Crescent Jute Products Limited(CJPL)	4.81 ▼ -0.58 (-10.76%)
F.Credit & Inv / Jan 9 First Credit and Investment Bank Limited(FCIBL)	6.85 ▼ -0.79 (-10.34%)
Ali Asghar / Jan 9 Ali Asghar Textile Mills Limited(AATM)	70.94 ▼ -7.88 (-10.00%)
Air Link Com. / Jan 9 Air Link Communication Limited(AIRLINK)	191.54 ▼ -21.28 (-10.00%)
Liven Pharma / Jan 9 Liven Pharma Limited(LIVEN)	160.68 ▼ -17.85 (-10.00%)
Power Cem(Pref) / Jan 9 Power Cement (Pref)(POWERPS)	11.25 ▼ -1.25 (-10.00%)
Suhail Jute / Jan 9 Suhail Jute Mills Limited(SUHJ)	140.74 ▼ -15.64 (-10.00%)
Chakwal Spinning / Jan 9 Chakwal Spinning Mills Limited(CWSM)	61.70 ▼ -6.85 (-9.99%)
Frontier Ceram / Jan 9 Frontier Ceramics Limited(FRCL)	21.81 ▼ -2.42 (-9.99%)

Stock	Volume
WorldCall Telecom / Jan 9 Worldcall Telecom Limited(WTL)	520,199,852 ▼ -0.01
K-Electric Ltd. / Jan 9 K-Electric Limited(KEL)	48,176,163 ▼ -0.07
Cnergyico PK / Jan 9 Cnergyico PK Limited(CNERGY)	41,301,063 ▼ -0.31
Fauji Foods Ltd / Jan 9 Fauji Foods Limited(FFL)	34,830,810 ▼ -1.04
Sui South Gas / Jan 9 Sui Southern Gas Company Limited(SSGC)	27,158,451 ▼ -1.88
Pak Refinery / Jan 9 Pakistan Refinery Limited(PRL)	24,532,091 ▼ -1.53
Pak Elektron / Jan 9 Pak Elektron Limited(PAEL)	23,028,613 ▼ -0.87
Lotte Chemical / Jan 9 Lotte Chemical Pakistan Limited(LOTCHEM)	19,891,091 ▲ 0.34
B.O.Punjab / Jan 9 The Bank of Punjab(BOP)	19,667,050 ▼ -0.02

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