News stories for Sohail Sarfraz

Sohail Sarfraz

Taxation scope expanded for NRPs

ISLAMABAD: The government has expanded the scope of taxation with respect to those non-residents, who earn income in...

Updated 30 Jun, 2024 09:21am

FBR exceeds Rs9.2trn revised collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the revised revenue collection target of Rs 9.2 trillion...

Updated 30 Jun, 2024 11:34am

Business & Finance

Transfer of appeals to ATIR: December 31, 2024 is the deadline

ISLAMABAD: The Federal Board of Revenue (FBR) has extended time period up to December 31, 2024 for transfer of the...

Published 30 Jun, 2024 02:58am

Non-filers allowed to go to KSA for Hajj or Umrah

ISLAMABAD: The amended Finance Bill 2024 has allowed non-filers to go abroad for Hajj or Umrah. The amendments in...

Updated 30 Jun, 2024 09:21am

Failure to block SIMs of non-filers: Cellular cos face the prospect of heavy penalties

The Finance Bill 2024 proposes imposing a penalty of Rs100 million on the first default and Rs200 million for each subsequent default on those who fail to comply with income tax general orders

Updated 30 Jun, 2024 11:33pm

FBR imposes tax on exporters of goods

ISLAMABAD: The exporters of goods whether direct or indirect exporters shall be subject to advance tax at one ...

Updated 30 Jun, 2024 09:05am

Business & Finance

FBR to set up ‘tax fraud probe wing’

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to establish a Tax Fraud Investigation Wing-Inland Revenue...

Published 29 Jun, 2024 06:40am

New levy: Taxable profits of builders, developers fixed

ISLAMABAD: The Federal Board of Revenue (FBR) has fixed minimum profits of builders and developers for collecting a...

Updated 29 Jun, 2024 02:14pm

Tax fraudsters to face jail

ISLAMABAD: Persons involved in tax frauds would face imprisonment up to five years (tax evaded amount less than Rs 1...

Updated 29 Jun, 2024 02:21pm

Additional taxation steps taken thru amendments to Finance Bill

Surcharge shall be payable by every individual and association of persons at the rate of 10 percent of the income tax imposed under Division-I of Part-I of the First Schedule where the taxable income exceeds Rs10 million

Updated 29 Jun, 2024 07:43pm

Business & Finance

e-invoicing integration: FBR grants licence to Haball

ISLAMABAD: The Federal Board of Revenue (FBR) has granted license to M/s Haball (Pvt) Ltd, Karachi for the purpose ...

Published 28 Jun, 2024 05:41am

Likely amendments in finance bill: Govt becomes flexible about non-filers

Proposed amendments relate to non-filers, wealth statement, foreign assets, and withholding tax-related provisions

Updated 28 Jun, 2024 09:54am

FBR to create 25 posts of ‘commissioner refund’

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to create 25 posts of ‘Commissioner Refund’ in the field...

Updated 27 Jun, 2024 08:52am

Business & Finance

Public-facing apps: Pak cos warned of associated cybersecurity dangers

ISLAMABAD: A global cybersecurity firm has warned Pakistani companies about the cybersecurity dangers associated ...

Published 27 Jun, 2024 06:52am

FBR may block bank accounts of non-filers

Sources inform proposal was part of the original Finance Bill 2024, but the same was not passed

Updated 26 Jun, 2024 01:33pm

Rs14bn of EDS: FBR points out ambiguity in reconciliation

ISLAMABAD: The Federal Board of Revenue (FBR) has pointed out an ambiguity in reconciliation of Rs 14 billion of...

Updated 26 Jun, 2024 09:35am

Finance Bill: Senate sends 128 suggestions to NA

Pakistan

Tax expert questions how FBR would impose ban on non-filers (family members), who are actually dependent on the filer

Updated 24 Jun, 2024 01:33pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
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
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
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

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%)
Next Capital / Dec 26 Next Capital Limited(NEXT)	9.90 ▲ 1.00 (11.24%)
Askari Life Assur. / Dec 26 Askari Life Assurance Company Limited(ALAC)	6.22 ▲ 0.62 (11.07%)
Pak Gulf Leasing / Dec 26 Pak-Gulf Leasing Company Limited(PGLC)	15.81 ▲ 1.44 (10.02%)
Pak. P.V.C. / Dec 26 Pakistan PVC Limited(PPVC)	11.20 ▲ 1.02 (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%)
Dar-es-Salaam / Dec 26 Dar-es-Salaam Textile Mills Limited(DSML)	51.25 ▲ 4.66 (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%)
Olympia Mills / Dec 26 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Popular Islamic / Dec 26 Popular Islamic Modaraba(PIM)	13.54 ▼ -1.50 (-9.97%)
United Brands / Dec 26 United Brands Limited(UBDL)	22.65 ▼ -2.38 (-9.51%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.40 ▼ -2.27 (-8.84%)
Leather Up Ltd. / Dec 26 Leather Up Limited(LEUL)	24.21 ▼ -2.26 (-8.54%)
Intermarket Securities / Dec 26 Intermarket Securities Limited(IMS)	68.10 ▼ -4.93 (-6.75%)
Gammon Pak / Dec 26 Gammon Pakistan Limited(GAMON)	48.01 ▼ -3.30 (-6.43%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.05
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	67,135,769 ▲ 0.51
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -0.75
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.09
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	32,308,740 ▲ 4.68
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.16
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 ▲ 0.19
Sui North Gas / Dec 26 Sui Northern Gas Pipelines Limited(SNGP)	26,262,710 ▲ 2.56

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