News stories for Sohail Sarfraz

Sohail Sarfraz

‘Transfer to admin pool’: SHC suspends FBR notification

ISLAMABAD: The Sindh High Court (SHC) has suspended a notification of the Federal Board of Revenue (FBR) to transfer...

Updated 30 Jul, 2024 09:30am

Stock market-linked Mutual Funds: SECP concerned about lack of investors’ interest

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has expressed serious concern that the stock...

Updated 30 Jul, 2024 09:30am

Tax refund cases: LHC bars FIA from taking steps against FBR officers

ISLAMABAD: The Lahore High Court (LHC) has barred Federal Investigation Agency (FIA) from taking coercive measures...

Updated 29 Jul, 2024 10:02am

Business & Finance

Income tax refunds: Company says taxmen never demanded gratification

ISLAMABAD: A company being assessed at Large Taxpayer Office (LTO) Lahore has informed the Federal Investigation...

Published 29 Jul, 2024 06:37am

Negligent sales tax withholding agents to face huge penalties

ISLAMABAD: The Federal Board of Revenue (FBR) will impose huge penalties as well as default surcharge on sales tax...

Updated 28 Jul, 2024 09:52am

Passport printing: Customs asked to clear ink cartridges

ISLAMABAD: A crisis of passport printing would take place in the country in case the Islamabad Customs department...

Updated 28 Jul, 2024 09:52am

Recycled copper: Exporters allowed cut in value of input goods

ISLAMABAD: The exporters of the recycled copper sector have been allowed a reduction in the value of input goods to...

Updated 28 Jul, 2024 09:45am

SECP survey: Digital insurance premiums show dismal picture

ISLAMABAD: The total premiums for insurance distributed through digital channels stood at Rs842 million in 2023...

Updated 27 Jul, 2024 09:17am

Business & Finance

Pakistan’s incidence of tax on salaried class 3 times higher than India’s: PBC

A comparison...

Published 27 Jul, 2024 06:16am

‘Tax fraud’ definition expanded under revised Sales Tax Act 1990

ISLAMABAD: The “tax fraud” would cover any person, who would make taxable supplies without getting sales tax...

Updated 26 Jul, 2024 09:40am

Diplomats, privileged persons and entities: Conditional exemption of FED available on imports

ISLAMABAD: The exemption of federal excise duty would be available on the imports made by diplomats, diplomatic...

Updated 26 Jul, 2024 08:51am

Business & Finance

FTO voices concern over delay in release of imported vehicle

ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern over delay in the release of an imported...

Published 25 Jul, 2024 06:24am

25pc tax slapped on imported mobile phones in CBU condition

Updated Sales Tax Act reveals 25 percent sales tax would be charged on the import of mobile phones or satellite phones on the basis of import value (exceeding USD 500) per set, or equivalent value in rupees in case of supply by the manufacturer

Updated 25 Jul, 2024 01:21pm

Pakistan

Islamabad’s posh areas: Shops now required to pay huge amounts of tax

ISLAMABAD: The monthly tax of shops located in posh areas like Jinnah Super (Market F-7) Islamabad has been fixed at...

Published 24 Jul, 2024 06:53am

Business & Finance

G-B court’s order: Over Rs3bn per annum revenue through imports from China at stake?

ISLAMABAD: The Federal Board of Revenue’s tax collection of over Rs 3 billion per annum from imports from China is...

Published 24 Jul, 2024 06:32am

Business & Finance

Customs officers waiting for posting for 3 years placed in ‘admin pool’?

ISLAMABAD: The Federal Board of Revenue (FBR) has not found appropriate to initiate action against any of the tax...

Published 24 Jul, 2024 05:38am

Business & Finance

Monthly tax payment rates for small traders notified

ISLAMABAD: The Federal Board of Revenue (FBR) late Monday night notified fixed monthly tax payment rates for small...

Published 23 Jul, 2024 06:55am

SECP amends Third Schedule: Securities brokers classified as ‘PIC’

Business & Finance

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 26	252.10

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 26 Security Investment Bank Limited(SIBL)	6.99 ▲ 1.00 (16.69%)
Askari Life Assur. / Dec 26 Askari Life Assurance Company Limited(ALAC)	6.38 ▲ 0.78 (13.93%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Dewan Motors / Dec 26 Dewan Farooque Motors Limited(DFML)	42.21 ▲ 3.84 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Adam Sugar / Dec 26 Adam Sugar Mills Limited(ADAMS)	63.91 ▲ 5.81 (10.00%)
Dar-es-Salaam / Dec 26 Dar-es-Salaam Textile Mills Limited(DSML)	51.25 ▲ 4.66 (10.00%)
Ideal Sp. / Dec 26 Ideal Spinning Mills Limited(IDSM)	12.43 ▲ 1.13 (10.00%)
Liven Pharma / Dec 26 Liven Pharma Limited(LIVEN)	113.10 ▲ 10.28 (10.00%)

Stock	Price
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Hoechst Pak. / Dec 26 Hoechst Pakistan Limited(HPL)	2,565 ▼ -285.00 (-10.00%)
Reliance Cotton / Dec 26 Reliance Cotton Spinning Mills Limited(RCML)	650 ▼ -60.29 (-8.49%)
Intermarket Securities / Dec 26 Intermarket Securities Limited(IMS)	67.07 ▼ -5.96 (-8.16%)
Quetta Textile / Dec 26 Quetta Textile Mills Limited(QUET)	19.02 ▼ -1.69 (-8.16%)
Globe Residency / Dec 26 Globe Residency REIT(GRR)	13.51 ▼ -1.12 (-7.66%)
Leather Up Ltd. / Dec 26 Leather Up Limited(LEUL)	24.70 ▼ -1.77 (-6.69%)
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.99 ▼ -1.68 (-6.54%)
786 Invest Ltd / Dec 26 786 Investments Limited(786)	6.72 ▼ -0.43 (-6.01%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.04
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	67,135,769 ▲ 0.67
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -0.49
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.12
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.13
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	29,562,935 ▲ 3.63
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.19
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.20
Sui North Gas / Dec 26 Sui Northern Gas Pipelines Limited(SNGP)	26,262,710 ▲ 1.96

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular