News stories for Sohail Sarfraz

Sohail Sarfraz

Securities managers asked to issue IPS to their customers

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the securities managers (eligible...

Updated 18 Nov, 2024 09:25am

Salaried individuals: AGPR to upgrade SAP module to avoid lengthy refund processes

ISLAMABAD: On the recommendations of the Federal Tax Ombudsman (FTO), the Accountant General Pakistan Revenues...

Updated 18 Nov, 2024 03:00pm

Non-payment of refunds hits export of seasonal fruits hard

ISLAMABAD: The exporters of seasonal fruits have failed to meet export orders during winter due to non-payment of...

Updated 18 Nov, 2024 09:18am

Pakistan

Fraudsters including FBR guard held for illegal search

ISLAMABAD: A group of fraudsters including an armed guard of Inland Revenue, Federal Board of Revenue ((FBR) has ...

Published 17 Nov, 2024 05:10am

Agri income levy: Punjab govt emulates FBR’s super tax structure

ISLAMABAD: The Punjab government has adopted super tax rates of Federal Board of Revenue (FBR) for imposing this tax...

Updated 17 Nov, 2024 08:55pm

Business & Finance

FBR limits role of DGI&I (Customs)

ISLAMABAD: The Federal Board of Revenue (FBR) has limited the role and functions of Directorate General of...

Published 16 Nov, 2024 07:20am

Salaried class: Govt explains how tax burden can be lessened

Will reduce tax burden on salaried class and withdraw tax on milk if FBR is able to recover Rs 300 billion to Rs 350 billion of tax evasion from non-duty paid and smuggled cigarettes

Updated 15 Nov, 2024 02:55pm

Mini-budget: Minister says ‘it will be premature to comment’

ISLAMABAD: Minister of State for Revenue Ali Pervez Malik said Thursday that it would be premature to comment...

Updated 15 Nov, 2024 02:54pm

Business & Finance

Provincial govts: KP finance minister sounds alarm on low agri tax collection

ISLAMABAD: Khyber Pakhtunkhwa Finance Minister Muzzammil Aslam, Thursday, expressed concern over low collection of...

Published 15 Nov, 2024 06:20am

Business & Finance

Tax Laws (Amendment) Act 2024: Dysfunctional ATIR: PTBA urges Law minister to form oversight body

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has expressed serious concern that Tax Laws (Amendment) Act 2024...

Published 15 Nov, 2024 06:20am

Islamic banking operations: Senate body to call CII scholars

ISLAMABAD: Senate Standing Committee on Finance and Revenue Wednesday decided to call scholars of Council of Islamic...

Updated 14 Nov, 2024 09:04am

FBR assures IMF: Rs12.9trn revenue target will stay intact

Tax collection target of the FBR would not be revised downward for the current fiscal year, sources say

Updated 14 Nov, 2024 02:25pm

Business & Finance

FTO disposes of 2,747 consignments of goods

ISLAMABAD: On the directives of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) has disposed of...

Published 14 Nov, 2024 06:33am

FBR makeover: ECC approves five key areas

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, Tuesday, approved five key areas as part of the...

Updated 13 Nov, 2024 09:11am

FBR tells IMF: No need for contingency revenue measures

However, one proposal to impose lower rate of sales tax between 5 to 7 percent on petroleum products under examination

Updated 13 Nov, 2024 10:49am

Business & Finance

Senior customs official : FTO directs FBR to issue appreciation letter

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed Chairman Federal Board of Revenue (FBR) to issue an appreciation...

Published 13 Nov, 2024 06:33am

Pakistan

IRSOA condemns Karachi’s marriage hall incident

ISLAMABAD: The Inland Revenue Service Officers Association (IRSOA) strongly condemns the recent incident involving a...

Published 12 Nov, 2024 07:41am

IMF team looks at fiscal performance

IMF staff led by Nathan Porter, is likely to meet the finance minister today

Updated 12 Nov, 2024 09:32am

Business & Finance

Inter-corporate circular debt: SECP defers applicability of ECL Method of IFRS-9

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has temporarily deferred the applicability of...

Published 12 Nov, 2024 06:38am

Business & Finance

FBR collects Rs11.854bn under head of Workers’ Welfare Fund in 2023-24

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 11.854 billion under the head of Worker’s Welfare...

Published 12 Nov, 2024 06:38am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 27	278.95
USD PKR Interbank Buying / Jan 27	278.80
USD to Japanese Yen / Jan 27	154.64
USD to Swiss Franc / Jan 27	0.90
Pound Sterling to USD / Jan 27	1.25
Euro to USD / Jan 27	1.05

Stock	Volume
S&P 500 / Jan 24	6,101.24
Nasdaq / Jan 24	19,954.30
Dow Jones / Jan 24	44,424.25
India Sensex / Jan 27	75,346.55
Tokyo Nikkei / Jan 27	39,565.80
Hang Seng / Jan 27	20,197.77
FTSE 100 / Jan 27	8,485.58
Germany DAX 30 / Jan 27	21,124.29

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 24	18,485
Gold 10 Grams PKR / Jan 24	248,285
Crude Oil USD/Barrel / Jan 27	74.82
Gold Spot USD/Ounce / Jan 27	2,763.59
Cotton US¢/pound / Jan 27	67.70
Petrol/Litre / Jan 28	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd (Pref) / Jan 27 Chenab Limited (Pref)(CLCPS)	3.93 ▲ 0.49 (14.24%)
Chenab Ltd / Jan 27 Chenab Limited(CHBL)	8.57 ▲ 1 (13.21%)
B. F. Mod. / Jan 27 B.F. Modaraba(BFMOD)	8.39 ▲ 0.89 (11.87%)
Sanghar Sugar / Jan 27 Sanghar Sugar Mills Limited(SANSM)	25.36 ▲ 2.31 (10.02%)
Leather Up Ltd. / Jan 27 Leather Up Limited(LEUL)	36.70 ▲ 3.34 (10.01%)
Shahtaj Sugar / Jan 27 Shahtaj Sugar Mills Limited(SHJS)	113.69 ▲ 10.34 (10%)
At-Tahur Ltd. / Jan 27 At-Tahur Limited(PREMA)	25.85 ▲ 2.35 (10%)
Archroma Pak / Jan 27 Archroma Pakistan Limited(ARPL)	478.56 ▲ 43.51 (10%)
Saritow Spinning / Jan 27 Saritow Spinning Mills Limited(SSML)	12.24 ▲ 1.11 (9.97%)

Stock	Price
LSE Financial Serv. / Jan 27 LSE Financial Services Limited(LSEFSL)	17.52 ▼ -1.95 (-10.02%)
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	39.53 ▼ -4.39 (-10%)
Hussain Industries / Jan 27 Husein Industries Limited(HUSI)	28.50 ▼ -3.14 (-9.92%)
Arctic Textile / Jan 27 Arctic Textile Mills Limited(ARCTM)	18.90 ▼ -2.08 (-9.91%)
Apna Microfin. / Jan 27 Apna Microfinance Bank Limited(AMBL)	10.09 ▼ -1.1 (-9.83%)
National Silk / Jan 27 The National Silk & Rayon Mills Limited(NSRM)	50 ▼ -5.44 (-9.81%)
Gammon Pak / Jan 27 Gammon Pakistan Limited(GAMON)	38 ▼ -4.04 (-9.61%)
Unicap Modaraba / Jan 27 Unicap Modaraba(UCAPM)	2.57 ▼ -0.27 (-9.51%)
Synthetic Prod / Jan 27 Synthetic Products Enterprises Limited(SPEL)	41 ▼ -4.06 (-9.01%)

Stock	Volume
Cnergyico PK / Jan 27 Cnergyico PK Limited(CNERGY)	61,454,571 ▼ -0.13
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	57,677,562 ▼ -4.39
WorldCall Telecom / Jan 27 Worldcall Telecom Limited(WTL)	33,767,457 ▼ -0.06
The Searle Co. / Jan 27 The Searle Company Limited(SEARL)	26,713,969 ▼ -5.54
Pak Elektron / Jan 27 Pak Elektron Limited(PAEL)	22,757,545 ▲ 0.67
Fauji Cement / Jan 27 Fauji Cement Company Limited(FCCL)	20,797,108 ▼ -0.46
Citi Pharma Ltd / Jan 27 Citi Pharma Ltd.(CPHL)	18,489,077 ▼ -6.73
P.T.C.L. / Jan 27 Pakistan Telecommunication Company Ltd(PTC)	18,264,183 ▲ 0.82
Ghani Chem. Ind. / Jan 27 Ghani Chemical Industries Limited(GCIL)	17,202,553 ▲ 0.67

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular