News stories for Sohail Sarfraz

Sohail Sarfraz

Foreign assets: Lahore ATIR issues order in favour of taxpayer

ISLAMABAD: The Appellate Tribunal Inland Revenue (ATIR) Lahore has declared that any undisclosed foreign asset or...

Updated 23 Aug, 2024 09:12am

Illegal tax recovery by FBR: President confirms FTO’s landmark order

ISLAMABAD: President Asif Ali Zardari has confirmed a landmark order issued by Federal Tax Ombudsman (FTO) Dr Asif...

Updated 23 Aug, 2024 08:58am

MoF, SBP inform Senate panel: Govt borrowed from IMF at 5.09pc interest rate in 2023

Senate Standing Committee on Economic Affairs seeks details of utilisation of the loan

Updated 23 Aug, 2024 11:28am

Talks with IMF moving in right direction: Aurangzeb

ISLAMABAD: Finance Minister Muhammad Aurangzeb has said that the International Monetary Fund (IMF) Executive Board...

Updated 22 Aug, 2024 08:52am

Business & Finance

Langrial says retrieved data cleansing a must to identify potential taxpayers

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Langrial Wednesday said that cleansing of ...

Updated 22 Aug, 2024 07:46am

Lahore refund scam: Probe over, errant taxmen will be punished: FBR

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Wednesday said the FBR has completed inquiry...

Updated 22 Aug, 2024 09:35am

Choice postings: FBR chief issues warning to officials exerting pressure

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood, Tuesday, issued his first administrative...

Updated 21 Aug, 2024 09:33am

Business & Finance

4G MiFi modem and WiFi modem: 11pc duty applicable on import

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has ruled that 11 percent...

Updated 21 Aug, 2024 09:34am

Pakistan

Currency smuggling: ARDC has no mandate to decide cases, rules FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has ruled that the Alternate Dispute Resolution Committee (ARDC) has ...

Published 20 Aug, 2024 06:55am

INGOs will not be registered as NPOs: SECP

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) will not issue registration certificates of...

Updated 18 Aug, 2024 09:44am

Pakistan

Failure to submit comments in a case: FTO directs FBR to take disciplinary action

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Jah has directed the Federal Board of Revenue (FBR) to initiate...

Published 17 Aug, 2024 06:12am

Business & Finance

IRS, PCS: FBR seeks asset details of all Grade-17 to -22 officers

ISLAMABAD: The Federal Board of Revenue (FBR) has sought asset details of all Grade-17 to 22 officers of Inland...

Published 16 Aug, 2024 06:56am

Cases of telecom operators: President upholds FTO’s decision

ISLAMABAD: President Asif Ali Zardari has upheld the decision of Federal Tax Ombudsman (FTO) regarding cases of...

Updated 16 Aug, 2024 09:33am

Business & Finance

Non-filers, tax evaders: Data sharing among key stakeholders under way: McKinsey

ISLAMABAD: The global consulting firm, McKinsey & Company Tuesday informed that data sharing among key...

Published 14 Aug, 2024 06:40am

FTO concerned about not allowing tax credit to salaried class

ISLAMABAD: Federal Tax Ombudsman (FTO) has expressed serious concern that the current withholding procedure of tax...

Updated 14 Aug, 2024 10:12am

Business & Finance

Deterioration of ATIR working: PTBA urges law minister to form oversight body

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has asked the Minister for Law and Justice to intervene and form...

Published 13 Aug, 2024 07:02am

Over 58,000 traders registered against 3.2m target

Monthly tax payments from traders to start from this month

Updated 13 Aug, 2024 11:41am

Transfer to FBR admin pool: SHC dismisses plea of 12 senior IR officials

ISLAMABAD: The Sindh High Court (SHC) has dismissed the plea of 12 senior officials of Inland Revenue Service, who...

Updated 11 Aug, 2024 09:31am

Issuance of short-term Sukuks: SECP working on alternate Shariah-compliant structure

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is seriously working on an alternate...

Updated 10 Aug, 2024 04:20pm

Business & Finance

Battargram-Silk/Karakoram road: FBR establishes check post of IR officers

ISLAMABAD: The Federal Board of Revenue (FBR) has established a check post of Inland Revenue officers at district...

Published 09 Aug, 2024 06:56am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
India Sensex / Dec 24	78,472.87
Tokyo Nikkei / Dec 24	38,986.40
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Petrol/Litre / Dec 25	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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