News stories for Sohail Sarfraz

Sohail Sarfraz

Prepaid internet, phone cards: Govt increases income tax rate for non-filers

ISLAMABAD: The government has increased the income tax rate for non-filers purchasing prepaid internet and phone...

Updated 13 Jun, 2024 09:34am

Pakistan

Property transactions: Progressive tax rates announced

ISLAMABAD: The government has announced progressive tax rates on purchases and sales of properties, categorised into...

Published 13 Jun, 2024 03:32am

Pakistan

Exemptions withdrawn: Rs1.8trn new taxation measures unveiled

ISLAMABAD: The government has announced new taxation/enforcement measures of nearly Rs 1,800 billion through...

Published 13 Jun, 2024 03:32am

Pakistan

Regulatory Duty imposed/ raised on wide range of items

ISLAMABAD: The government has imposed/raised regulatory duty on the import of a wide range of items to encourage...

Published 13 Jun, 2024 03:32am

Pakistan

Coal, gypsum and plastic waste: 80pc GST withholding rate on supplies proposed

ISLAMABAD: The Finance Bill 2024 has proposed a sales tax withholding rate of 80 percent on supplies of coal,...

Published 13 Jun, 2024 03:32am

Rs12trn tax collection target likely

Finance Bill 2024 to be revealed today

Updated 12 Jun, 2024 02:32pm

Tax exemptions, zero-rating cost kitty over Rs3.87trn

ISLAMABAD: Total tax exemptions, concessions, zero-rating and special tax treatments to various businesses,...

Updated 12 Jun, 2024 08:59am

Business & Finance

Tax exemptions for steel, ghee units in Fata/Pata: Industries urge govt not to give any extension, threaten to shut down units

ISLAMABAD: Leading industries including steel and ghee/cooking oil have threatened to close down their factories...

Published 11 Jun, 2024 03:17am

GST rate to stay unchanged at 18pc

ISLAMABAD: The standard rate of sales tax would remain unchanged at 18 percent from July 1, 2024. Sources told...

Updated 11 Jun, 2024 08:41am

Pakistan

FBR: CA firm seeks details of rented buildings

ISLAMABAD: A chartered accountant firm has approached chairman Federal Board of Revenue (FBR) seeking details of...

Published 10 Jun, 2024 06:52am

Business & Finance

Rise in tax on import of cell phones likely

ISLAMABAD: The government is likely to increase duties and taxes on the commercial import of mobile phones in CKD/...

Updated 10 Jun, 2024 08:39am

Business & Finance

Old cars’ import: PM directs FBR to curb misuse of baggage scheme

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to place appropriate checks...

Published 09 Jun, 2024 03:10am

SECP proposes assessment of crops, livestock insurance

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed a thorough reassessment of the...

Updated 09 Jun, 2024 09:42am

Business & Finance

FBR penalises IR officer for causing revenue loss

ISLAMABAD: The Federal Board of Revenue (FBR) has penalized an Inland Revenue officer, who caused revenue loss by...

Published 08 Jun, 2024 07:00am

Business & Finance

Livestock Insurance: SECP for establishing insurance pools

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has recommended establishing insurance pools or...

Published 08 Jun, 2024 07:00am

Business & Finance

Going after taxpayers without sound legal footing constitutes harassment: FTO

ISLAMABAD: The Inland Revenue tax officials are allegedly committing the worst kind of harassment by issuing illegal...

Published 08 Jun, 2024 07:00am

Pakistan

Customs inspector ‘involved’ in smuggling of POL products reinstated

ISLAMABAD: The Federal Board of Revenue (FBR) has re-instated an inspector of customs, who alleged that he allowed...

Published 07 Jun, 2024 06:24am

WHT on cash withdrawals: PM rejects another key revenue step of FBR

ISLAMABAD: Prime Minister Shehbaz Sharif has rejected another key revenue measure of the Federal Board of Revenue...

Updated 07 Jun, 2024 12:54pm

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

Import concessions: FBR unveils updated list of 222 locally-made goods

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday issued an updated list of 222 locally-manufactured goods for...

Updated 07 Jun, 2024 08:42am

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
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
Karachi Cotton PKR/37.32 KG / Dec 26	17,785

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 26 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
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%)
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	16.45 ▲ 1.50 (10.03%)
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%)
Blue-Ex Ltd / Dec 26 Blue-Ex Limited (GEM)(GEMBLUEX)	44.96 ▲ 4.09 (10.01%)
Suhail Jute / Dec 26 Suhail Jute Mills Limited(SUHJ)	99.06 ▲ 9.01 (10.01%)
Altern Energy / Dec 26 Altern Energy Limited(ALTN)	22.65 ▲ 2.06 (10.00%)

Stock	Price
Jauharabad Sug / Dec 26 Jauharabad Sugar Mills Limited(JSML)	23.10 ▼ -2.57 (-10.01%)
Mughal Energy / Dec 26 Mughal Energy Limited(GEM)(GEMMEL)	18.45 ▼ -2.05 (-10.00%)
Fateh Ind. / Dec 26 Fateh Industries Limited(FIL)	120.56 ▼ -13.38 (-9.99%)
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%)
Arctic Textile / Dec 26 Arctic Textile Mills Limited(ARCTM)	21.60 ▼ -2.37 (-9.89%)
Power Cem(Pref) / Dec 26 Power Cement (Pref)(POWERPS)	12.25 ▼ -1.22 (-9.06%)
Sanghar Sugar / Dec 26 Sanghar Sugar Mills Limited(SANSM)	24 ▼ -2.33 (-8.85%)
Equity Modaraba / Dec 26 First Equity Modaraba(FEM)	3 ▼ -0.29 (-8.81%)

Stock	Volume
WorldCall Telecom / Dec 26 Worldcall Telecom Limited(WTL)	127,408,831 ▼ -0.06
Fauji Foods Ltd / Dec 26 Fauji Foods Limited(FFL)	93,301,142 ▲ 1.50
TRG Pak Ltd / Dec 26 TRG Pakistan Limited(TRG)	46,900,564 ▲ 6.41
Sui South Gas / Dec 26 Sui Southern Gas Company Limited(SSGC)	33,559,500 ▼ -1.65
Cnergyico PK / Dec 26 Cnergyico PK Limited(CNERGY)	33,367,944 ▼ -0.16
K-Electric Ltd. / Dec 26 K-Electric Limited(KEL)	30,254,338 ▼ -0.19
B.O.Punjab / Dec 26 The Bank of Punjab(BOP)	30,003,113 ▼ -0.11
Hascol Petrol / Dec 26 Hascol Petroleum Limited(HASCOL)	27,155,152 ▲ 0.87
Aisha Steel Mill / Dec 26 Aisha Steel Mills Limited(ASL)	26,980,436 ▲ 0.09

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