News stories for Sohail Sarfraz

Sohail Sarfraz

FY24 Budget: Rs9.2trn tax collection target expected

ISLAMABAD: The tax collection target of the Federal Board of Revenue (FBR) would be fixed within the range of Rs 9...

Updated 23 May, 2023 08:49am

Business & Finance

PSW launches new service to facilitate import & clearance of pesticides

ISLAMABAD: Pakistan Single Window (PSW) has launched a new service to facilitate the import and clearance of...

Published 23 May, 2023 06:14am

Business & Finance

Seized goods at Collectorates of Customs: FTO takes notice of absence of e-auction facility

ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken serious notice of the absence of the facility of electronic...

Published 23 May, 2023 06:14am

Business & Finance

Pharma sector: FBR likely to come up with tax relief measures

ISLAMABAD: The Federal Board of Revenue (FBR) is working on tax relief measures for the pharmaceutical sector to be...

Published 23 May, 2023 06:14am

FTO asks FBR to conduct ‘withholding audit’ of NHA

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

Updated 22 May, 2023 08:58am

Business & Finance

Pakistan Tobacco Co massively cuts production on FED hike

ISLAMABAD: Pakistan Tobacco Company has stopped 80 percent of its total production which may lead to the total...

Published 21 May, 2023 04:00am

Unsatiated traders seek more tax incentives

ISLAMABAD: The business community is again seeking tax exemptions, special tax rates, and tax credits and ...

Updated 21 May, 2023 09:32am

Business & Finance

Budget proposals: ICAP urges govt to amend FBR law, related rules, regulations

ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) has approached the government seeking ...

Published 20 May, 2023 05:59am

Business & Finance

Budget proposals: PBC asks FBR to discourage use of cash in economy

ISLAMABAD: The Federal Board of Revenue (FBR) has received different budget proposals to check the cash economy in...

Published 20 May, 2023 05:59am

Juices, aerated water: FBR reviewing FED structure in budget

ISLAMABAD: The Federal Board of Revenue (FBR) is reviewing federal excise duty (FED) structure on juices and aerated...

Updated 19 May, 2023 09:03am

Business & Finance

SECP makes policy recommendation to implement Islamic stock trading

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has made a policy recommendation to implement...

Published 19 May, 2023 06:17am

Business & Finance

FY24 Budget: MoF, FBR receive inputs from FPCCI, Aptma

ISLAMABAD: The Ministry of Finance and the Federal Board of Revenue (FBR), Thursday, discussed budget proposals with...

Published 19 May, 2023 06:17am

Industries in tribal areas: Fate of tax exemptions to be decided in FY24 budget

ISLAMABAD: The government, through Finance Bill 2023, will take final decision on the extension in tax exemptions...

Updated 18 May, 2023 09:03am

Pre-budget talks: Senate panel to meet stakeholders from next week

ISLAMABAD: The Senate Standing Committee has decided to hold pre-budget meetings with all the relevant stakeholders...

Updated 18 May, 2023 09:05am

Budget measures regarding new housing societies: FBR, provinces to document ‘plot file’ trading

ISLAMABAD: The Federal Board of Revenue (FBR) and provinces will take measures in the coming budget (2023-24) to...

Updated 17 May, 2023 11:20am

Rising steel smuggling from Iran, Afghanistan: PALSP issues ‘stern warning’ to FBR

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has issued a stern warning to the Federal Board...

Updated 17 May, 2023 09:03am

Pakistan

Illicit cigarette industry’s market share expands to 39pc

ISLAMABAD: The illicit cigarette industry share has been increased to 39 percent in the market as compared to claims...

Published 16 May, 2023 03:23am

Business & Finance

PSW extends scope of operations to all dry ports except Quetta

ISLAMABAD: Pakistan Single Window (PSW) has extended the scope of its operations to all dry ports (except Quetta)...

Published 16 May, 2023 03:23am

Business & Finance

RRMC floats budget proposals

ISLAMABAD: Reforms and Resource Mobilization Commission (RRMC) has recommended the withdrawal of the quarterly...

Published 16 May, 2023 03:23am

Business & Finance

Firm refunds Rs8,134,000 fine to its 143 dealers on CCP order

ISLAMABAD: Following the directive of the Competition Appellate Tribunal and Competition Commission of Pakistan...

Published 16 May, 2023 03:23am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 9	278.81
USD PKR Interbank Buying / Jan 9	278.61
USD to Japanese Yen / Jan 9	158.16
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 9	5,918.25
India Sensex / Jan 9	77,620.21
Tokyo Nikkei / Jan 9	39,605.09
Nasdaq / Jan 9	19,478.88
Hang Seng / Jan 9	19,240.89
FTSE 100 / Jan 9	8,319.69
Dow Jones / Jan 9	42,635.20
Germany DAX 30 / Jan 9	20,317.10

Item	Value
Crude Oil USD/Barrel / Jan 9	73.92
Karachi Cotton PKR/37.32 KG / Jan 9	18,785
Gold 10 Grams PKR / Jan 9	237,483
Gold Spot USD/Ounce / Jan 9	2,690.80
Cotton US¢/pound / Jan 9	68.50
Petrol/Litre / Jan 10	252.66

Gainers
Losers
Leaders

Stock	Price
Pak. P.V.C. / Jan 10 Pakistan PVC Limited(PPVC)	11.20 ▲ 1.02 (10.02%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
Hallmark Co. / Jan 10 Hallmark Company Limited(HCL)	880.79 ▲ 80.07 (10.00%)
Shakarganj / Jan 10 Shakarganj Limited(SML)	33.24 ▲ 3.01 (9.96%)
Premier Sugar / Jan 10 The Premier Sugar Mills(PMRS)	445 ▲ 40.00 (9.88%)
Dewan Sugar / Jan 10 Dewan Sugar Mills Limited(DWSM)	6.70 ▲ 0.60 (9.84%)
Arpak Int. / Jan 10 Arpak International Investments Ltd.(ARPAK)	84.25 ▲ 7.41 (9.64%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	656.40 ▲ 57.39 (9.58%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	39.45 ▲ 3.45 (9.58%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
Habib Sugar / Jan 10 Habib Sugar Mills Limited(HABSM)	72.01 ▼ -8.42 (-10.47%)
F.Credit & Inv / Jan 10 First Credit and Investment Bank Limited(FCIBL)	6.31 ▼ -0.71 (-10.11%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Shadman Cotton / Jan 10 Shadman Cotton Mills Limited(SHCM)	28.91 ▼ -3.20 (-9.97%)
PIA Holding Co.B / Jan 10 PIA Holding Company Limited B(PIAHCLB)	823.23 ▼ -89.16 (-9.77%)
Hafiz Ltd. / Jan 10 Hafiz Limited(HAFL)	256 ▼ -25.68 (-9.12%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.03
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.03
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▼ -0.12
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	25,945,545 ▼ -0.41
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▼ -0.44
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.21
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▼ -0.11
Telecard Limited / Jan 10 Telecard Limited(TELE)	13,170,256 ▼ -0.06
Pak Refinery / Jan 10 Pakistan Refinery Limited(PRL)	11,597,490 ▼ -0.46

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