News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

FBR asked to stop harassing taxpayers by demanding individual CPRs

ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern that the Federal Board of Revenue (FBR) is...

Published 07 Jun, 2024 06:24am

Pakistan

Rs60m penalties on 2 firms: IHC upholds decision of SECP appellate bench

ISLAMABAD: The Islamabad High Court has upheld the decision of the Appellate Bench of the Securities and Exchange...

Published 06 Jun, 2024 03:09am

$130 per metric ton customs value fixed on Pink Rock Salt’s export

ISLAMABAD: The Directorate of Customs Valuation Lahore has fixed customs value of $130 per metric ton (PMT) on the...

Updated 06 Jun, 2024 09:10am

FBR finalises revised GST schedules for budget

ISLAMABAD: The Federal Board of Revenue (FBR) has finalised revised sales tax schedules, ie, Sixth Schedule...

Updated 06 Jun, 2024 08:40am

Pakistan

Business operations to become infeasible if higher FED rates continue: LUMS

ISLAMABAD: A new study by the Lahore University of Management Sciences (LUMS) cautioned that the business operations...

Published 05 Jun, 2024 07:08am

Business & Finance

FBR asked to review banks’ withholding regime

ISLAMABAD: The Federal Tax Ombudsman (FTO) has recommended the Federal Board of Revenue (FBR) to review regulatory...

Published 05 Jun, 2024 06:25am

Super tax cannot be imposed retrospectively: LHC

ISLAMABAD: Lahore High Court (LHC) Tuesday held that super tax under Section 4C (Super tax on high-earning persons)...

Updated 05 Jun, 2024 02:11pm

Transactions in PKR between Gwadar free zone, tariff area allowed

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed business transactions of goods trading between Gwadar Free...

Updated 05 Jun, 2024 02:11pm

Business & Finance

FY25 budget: Pension tax proposal dropped

ISLAMABAD: The government has dropped a major budget proposal to tax pensions in 2024-25. It is learnt that the...

Published 04 Jun, 2024 06:28am

Business & Finance

Finance Bill to amend Tax Laws (Amendment) Act, 2024

ISLAMABAD: Finance Bill 2024 would amend Tax Laws (Amendment) Act, 2024 to deal with emerging legal issues being...

Published 04 Jun, 2024 06:28am

FBR to upgrade IT infrastructure through World Bank lending

ISLAMABAD: The Federal Board of Revenue (FBR) will modernise its IT infrastructure, set up new data centres and...

Updated 03 Jun, 2024 09:13am

FTO proposes massive changes in tax policy/laws

ISLAMABAD: The Federal Tax Ombudsman (FTO) has proposed massive changes in tax policy/laws through Finance Bill 2024...

Updated 02 Jun, 2024 12:21pm

Plea challenging Tax Laws (Amendment) Act: LHC issues notices to ministry of law, FBR & AGP

ISLAMABAD: The Lahore High Court (LHC) has issued notices to the Ministry of Law and Justice, the Federal Board of...

Updated 01 Jun, 2024 02:02pm

Alleged involvement in refund issue: FBR fires four senior IR officers

ISLAMABAD: The Federal Board of Revenue (FBR) has removed four senior Inland Revenue officers from their positions...

Updated 01 Jun, 2024 02:02pm

Immovable properties: BHC declares Section 7E of ITO as ultra vires to constitution

ISLAMABAD: Balochistan High Court (BHC) has declared Section 7E (tax on deemed income basis) of the Income Tax...

Updated 01 Jun, 2024 03:51pm

Business & Finance

Erstwhile tribal areas: Steel sector warns govt against extending tax exemption

ISLAMABAD: The steel sector has warned the federal government that any move to extend tax exemption to erstwhile...

Published 01 Jun, 2024 06:59am

Pakistan

‘CCP imposes Rs74bn of penalties on cartels but cases still pending in courts’

ISLAMABAD: Chairman Competition Commission of Pakistan (CCP), Dr Kabir Ahmed Sidhu, Thursday said that CCP had...

Published 31 May, 2024 06:58am

Delay in payment of refunds major area of concern for FTO’s office: Jah

Pakistan

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 25	277.83
USD PKR Interbank Buying / Nov 25	277.73
USD to Japanese Yen / Nov 25	154.29
USD to Swiss Franc / Nov 25	0.89
Pound Sterling to USD / Nov 25	1.26
Euro to USD / Nov 25	1.05

Stock	Volume
S&P 500 / Nov 22	5,969.34
Nasdaq / Nov 22	18,003.65
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59
France CAC40 / Nov 22	7,255.01
India Sensex / Nov 25	80,331.40
Tokyo Nikkei / Nov 25	38,933.62

Item	Value
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 25	248.38
Crude Oil USD/Barrel / Nov 25	70.68
Karachi Cotton PKR/37.32 KG / Nov 25	17,685
Gold Spot USD/Ounce / Nov 25	2,664.27
Diesel/Litre / Nov 25	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 25 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 25 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 25 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 25 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 25 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 25 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 25 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 25 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 25 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 25 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 25 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 25 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 25 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 25 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 25 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

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