News stories for Sohail Sarfraz

Sohail Sarfraz

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

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

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

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

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

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

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

Business & Finance

SECP will not issue registration certificate of ‘NOP’ to INGOs

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

Published 31 May, 2024 06:58am

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
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

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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