News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

FBR drafted no proposal to tax bank deposits

ISLAMABAD: There was no proposal drafted by the Federal Board of Revenue (FBR) at any stage to impose tax on bank...

Updated 13 Feb, 2023 09:01am

Business & Finance

Govt to revise power tariff mechanism for AJ&K

ISLAMABAD: The federal government is said to have decided to revise electricity tariff mechanism for Azad Jammu...

Published 13 Feb, 2023 05:57am

Presidential directives: FBR to give explanation to FTO

ISLAMABAD: On the directions of President Arif Alvi, the Federal Board of Revenue (FBR) is bound to give an...

Updated 13 Feb, 2023 09:07am

FTO orders FBR to initiate probe into ‘tractor fraud’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has issued an order in favour of poor growers/ farmers community of Sindh...

Updated 13 Feb, 2023 09:19am

Non-implementation of single GST return: Provinces to move NTC against FBR

ISLAMABAD: Provinces will take up the issue of the delay in the implementation of the single sales tax return system...

Updated 12 Feb, 2023 09:42am

Business & Finance

Tax officials asked to update personal profiles

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all tax officials to update their personal profiles under...

Published 11 Feb, 2023 07:14am

Unregistered Tier-1 retailers asked to integrate with POS

ISLAMABAD: The Federal Board of Revenue (FBR) has directed 124 unregistered retailers (Tier-1) to integrate them ...

Updated 11 Feb, 2023 08:56am

Business & Finance

Refund systems of FASTER: FTO recommends FBR to develop adequate safeguards

ISLAMABAD: Federal Tax Ombudsman (FTO) has strongly recommended the Federal Board of Revenue (FBR) to conduct...

Published 11 Feb, 2023 05:57am

New taxation measures of nearly Rs300bn finalised

ISLAMABAD: The Federal Board of Revenue (FBR) has finalised proposals for new taxation measures of nearly Rs 300...

Updated 10 Feb, 2023 08:55am

Pakistan

PM appoints Waseem as new chairman of ATIR

ISLAMABAD: Prime Minister Shehbaz Sharif has appointed Muhammad Waseem Chaudhry as new chairman of Appellate ...

Published 09 Feb, 2023 07:08am

Real estate owned by overseas Pakistanis: UAE authorities do not share info

ISLAMABAD: The tax authorities of the United Arab Emirates (UAE) have shared only twice financial information...

Updated 09 Feb, 2023 08:48am

Dar inducts four new members into ‘RRMC’

ISLAMABAD: Finance Minister Ishaq Dar has included four new members in the Reforms and Resource Mobilization...

Updated 08 Feb, 2023 09:15am

FY24 budget: FBR invites proposals on income tax

ISLAMABAD: The income tax budget (2023-24) would focus on policy for taxation of real income, phasing out of tax...

Updated 08 Feb, 2023 09:12am

PL on POL products target: IMF-govt talks hamstrung by disconnect

Final figure of actual petroleum levy collection on POL products in the first half of financial year will be released in the current month

Updated 08 Feb, 2023 09:17am

Rs650bn collection likely: 1pc hike in ST thru ordinance on the cards

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect Rs650 billion during Feb-June (2022-23) by...

Updated 08 Feb, 2023 09:08am

Business & Finance

FTO tells FBR to assist WHT agents through IT solutions

ISLAMABAD: The Federal Tax Ombudsman has directed the Federal Board of Revenue (FBR) to facilitate withholding ...

Published 08 Feb, 2023 06:10am

Business & Finance

Cross-border trade: FBR issues PSW (Evidence of Identity) Regulations

ISLAMABAD: All users of Pakistan Single Window (PSW) engaged in cross-border trade including import, export and...

Published 07 Feb, 2023 06:07am

Business & Finance

Pakistan, Tajikistan agree to share info about taxpayers

ISLAMABAD: Pakistan and Tajikistan have revised the Convention for the Avoidance of Double Taxation and the...

Published 07 Feb, 2023 06:07am

IR officials deputed at 33 sugar mills in Punjab

ISLAMABAD: After certain instances of misuse of the track-and-trace system, the Federal Board of Revenue (FBR) has...

Updated 07 Feb, 2023 08:45am

Business & Finance

Pharma industry unilaterally decides to increase prices

ISLAMABAD: The local pharmaceutical industry on Monday expressed serious concerns over the imposition of ‘Super...

Published 07 Feb, 2023 06:07am

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%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (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%)

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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