News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

Rs537bn target for Nov also achieved: FBR surpasses five-month tax target of Rs2.680trn

ISLAMABAD: The Federal Board of Revenue (FBR) has exceeded both targets of Rs2,680 billion set for July-November...

Updated 01 Dec, 2022 11:36am

Business & Finance

‘Released’ consignments: Customs Adjudication can’t recover short levy, tax: SHC

ISLAMABAD: The Sindh High Court (SHC), Tuesday, declared that the officers of the Collectorate of Customs...

Updated 30 Nov, 2022 09:57am

FTO says oil, gas sector ‘strictly’ governed by Ogra

ISLAMABAD: Federal Tax Ombudsman (FTO) has ruled that the oil & gas sector being a highly regulated segment of...

Updated 30 Nov, 2022 09:53am

Business & Finance

PALSP urges govt to switch to DST

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has urged the government to switch to Daylight...

Published 30 Nov, 2022 05:53am

Business & Finance

Key postings, transfers in FBR notified

ISLAMABAD: Following detection of suspected cases of mis-declaration and evasion of duties and taxes at Sost Dry...

Published 30 Nov, 2022 05:53am

Tax-exempted areas: FBR sets up checkposts to monitor supplies

ISLAMABAD: The Federal Board of Revenue (FBR) has established 16 Inland Revenue check posts with mobile teams on the...

Updated 29 Nov, 2022 09:45am

Business & Finance

Amount involved in pending court cases touches Rs2.58trn mark

ISLAMABAD: The amount involved in tax-related cases under litigation now stands at nearly Rs2,582 billion and the...

Published 29 Nov, 2022 05:57am

FTO accuses tractor company of concealing sales transactions

ISLAMABAD: The Federal Tax Ombudsman (FTO) has discovered that a leading tractor manufacturing company used...

Updated 28 Nov, 2022 09:37am

Tax reforms recommendations to FBR: Supertax has successful large businesses: PBC

ISLAMABAD: The Pakistan Business Council (PBC) has observed that the supertax has penalised successful large...

Updated 27 Nov, 2022 09:41am

Business & Finance

Suspected consignments, delinquent staff: FBR endorses DGI&I Sost’s enforcement action

ISLAMABAD: The Federal Board of Revenue (FBR) has fully endorsed the enforcement action of the Directorate General...

Updated 27 Nov, 2022 09:41am

Owned by resident Pakistanis: FBR starts taxing hundreds of foreign properties

FBR has exercised its right of taxation of such foreign rental income in Pakistan and the owners of such properties are entitled to take tax credit

Updated 27 Nov, 2022 12:24am

Business & Finance

Import of PAU by Roche Pakistan: CCC’s ruling resolves duty, tax assessment issue

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has given a decision in favour...

Published 26 Nov, 2022 04:13am

Business & Finance

In their financial statements: SECP asks listed firms to present fair view of affairs

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) Thursday directed the listed companies to...

Published 25 Nov, 2022 06:46am

Taxation of rental income from properties held in UAE: Islamabad, Lahore ATIRs issue ‘opposite’ judgments

ISLAMABAD: Appellate Tribunal Inland Revenue, Islamabad and the Appellate Tribunal Inland Revenue, Lahore have...

Updated 25 Nov, 2022 09:57am

Business & Finance

Rs965bn revenue collection target set for Dec

ISLAMABAD: The revenue collection target of the Federal Board of Revenue (FBR) for December 2022 has been fixed at...

Updated 24 Nov, 2022 09:39am

Markets

Stock trading: SECP wing compiling risk statistics reports

ISLAMABAD: The Systemic Risk team of the Securities and Exchange Commission of Pakistan (SECP) has been engaged in...

Updated 24 Nov, 2022 09:43am

Pakistan

LHC takes notice of delay in appointment of PIC commissioners

ISLAMABAD: The Chief Justice of the Lahore High Court (LHC) has taken notice of the delay in the appointment of...

Published 23 Nov, 2022 07:01am

Business & Finance

FBR BoD meeting postponed: Approval of TY19 draft audit policy deferred

ISLAMABAD: The Federal Board of Revenue (FBR) has not approved the draft audit policy for the Tax Year 2019 due to...

Published 23 Nov, 2022 06:41am

Tractor-making sector: FTO tells FBR to conduct probe into Benami deals

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

Updated 23 Nov, 2022 09:30am

Business & Finance

‘Windfall profits’ made by banks on LCs: Steel producers seek compensation from SBP

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has urged the State Bank of Pakistan (SBP) to...

Published 23 Nov, 2022 05:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.78
USD PKR Interbank Buying / Jan 10	278.58
USD to Japanese Yen / Jan 10	157.84
USD to Swiss Franc / Jan 10	0.92
Pound Sterling to USD / Jan 10	1.22
Euro to USD / Jan 10	1.02

Stock	Volume
S&P 500 / Jan 10	5,824.15
India Sensex / Jan 10	77,378.91
Tokyo Nikkei / Jan 10	39,100.40
Nasdaq / Jan 10	19,146.19
Hang Seng / Jan 10	19,064.29
FTSE 100 / Jan 10	8,248.49
Dow Jones / Jan 10	41,910.26
Germany DAX 30 / Jan 10	20,214.79

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 10	76.56
Karachi Cotton PKR/37.32 KG / Jan 10	18,785
Gold Spot USD/Ounce / Jan 10	2,716.80
Cotton US¢/pound / Jan 10	67.01
Petrol/Litre / Jan 11	252.66

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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