News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

FBR surpasses Feb revenue collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has exceeded the assigned revenue collection target of Rs 527 billion...

Published 02 Mar, 2023 06:23am

Business & Finance

Textile exporters: FBR vows to ensure speedy refund payments

ISLAMABAD: The Federal Board of Revenue (FBR), Wednesday, assured textile exporters of restoring speedy payment of...

Published 02 Mar, 2023 06:23am

Pakistan

AJK govt notifies huge increase in FED on cigarettes

ISLAMABAD: The Central Board of Revenue Azad Kashmir on Tuesday substantially raised Federal Excise Duty on...

Published 01 Mar, 2023 07:30am

Business & Finance

Initial registration with FBR: Firms, AOPs to furnish details of beneficial owners

ISLAMABAD: Every company and association of person (AOP) on its initial registration with Federal Board of Revenue...

Published 01 Mar, 2023 06:21am

‘Advance to Deposit Ratio’: Higher rate of tax will not apply on banks for TY 2024

ISLAMABAD: The higher rate of tax for “Advance to Deposit Ratio” will not apply on banks for tax year 2024, ...

Updated 01 Mar, 2023 09:05am

Business & Finance

Google agrees to ban non-licensed digital lending apps

ISLAMABAD: Google has agreed to ban all non-licensed digital lending apps in Pakistan, most of which were operating...

Published 01 Mar, 2023 06:21am

Business & Finance

Rs2bn shortfall in Feb collection

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 525 billion in February 2023 against ...

Published 01 Mar, 2023 06:21am

Business & Finance

Despite orders, failure to impose penalties on officials irks FBR chief

ISLAMABAD: The Federal Board of Revenue (FBR) chairman has taken serious notice of the instances where heads of ...

Published 01 Mar, 2023 06:21am

17pc tax applicable on mobile phones valuing above $200

ISLAMABAD: There is no change in sales tax regime of locally manufactured mobile phones and imported mobile phones...

Updated 01 Mar, 2023 09:04am

25pc GST on luxury items: FBR will move a summary

ISLAMABAD: The Federal Board of Revenue (FBR) will move a summary to the federal cabinet for imposing a higher rate...

Updated 28 Feb, 2023 09:36am

Business & Finance

FBR acts to reduce Rs2.3trn litigations thru ADR option

ISLAMABAD: In order to reduce litigations of Rs2.3 trillion in courts, the Federal Board of Revenue (FBR) has ...

Published 28 Feb, 2023 06:15am

FBR asks Customs to deposit confiscated foreign currencies in NBP

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the customs authorities to deposit the confiscated ...

Updated 27 Feb, 2023 08:41am

Sales tax, other issues: FBR invites textile exporters to a moot

ISLAMABAD: The Federal Board of Revenue (FBR) has invited all textile exporters to a moot at FBR headquarters on...

Updated 27 Feb, 2023 08:43am

Business & Finance

Vehicle importers: FTO tells FBR that MCCs must not show any discrimination

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to ensure that the Model...

Published 26 Feb, 2023 03:27am

Islamic finance industry facing challenge of undocumented economy: SECP

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.60
USD PKR Interbank Buying / Jan 10	278.40
USD to Japanese Yen / Jan 10	158.39
USD to Swiss Franc / Jan 10	0.91
Pound Sterling to USD / Jan 10	1.23
Euro to USD / Jan 10	1.03

Stock	Volume
S&P 500 / Jan 9	5,918.25
Nasdaq / Jan 9	19,478.88
Dow Jones / Jan 9	42,635.20
India Sensex / Jan 10	77,645.98
Tokyo Nikkei / Jan 10	39,265.97
Hang Seng / Jan 10	19,069.63
FTSE 100 / Jan 10	8,317.44
Germany DAX 30 / Jan 10	20,333.83

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 9	18,785
Gold 10 Grams PKR / Jan 9	237,483
Petrol/Litre / Jan 10	252.66
Crude Oil USD/Barrel / Jan 10	74.32
Gold Spot USD/Ounce / Jan 10	2,674.40
Diesel/Litre / Jan 10	258.34

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)
I.C.C. Ind. / Jan 10 ICC Industries Limited(ICCI)	11.47 ▲ 1.04 (9.97%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-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%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

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