News stories for Sohail Sarfraz

Sohail Sarfraz

Rs3.2trn cases stuck in courts: ‘Loopholes’ mar FBR’s legal operation: AGP

Attorney General of Pakistan office raises serious concerns over FBR’s system of pursuing cases in courts

Updated 09 May, 2024 11:43am

Business & Finance

Seeking stay from court against recovery: 30pc of disputed tax will be deposited with FBR under new Act

ISLAMABAD: Taxpayers have to deposit 30 percent of the determined tax with the Federal Board of Revenue (FBR) in...

Published 09 May, 2024 03:11am

Pakistan

Income tax refunds’ e-processing: IHC issues notice to Member IR FBR

ISLAMABAD: The Islamabad High Court (IHC) has issued a notice to Member Inland Revenue (Policy) Federal Board of...

Published 08 May, 2024 06:43am

Erstwhile tribal areas: Tax, duty exemptions not to be extended beyond June 30

ISLAMABAD: The government has decided not to further extend the exemption from duties and taxes for the erstwhile...

Updated 08 May, 2024 09:19am

Attachment of bank accounts of taxpayers: FBR orders sales tax/FED recovery only after approval by field committees

ISLAMABAD: The Federal Board of Revenue (FBR) has directed Inland Revenue (IR) field formations to recover sales...

Updated 08 May, 2024 08:51am

Business & Finance

Shariah stock screening of shares: SECP expands list of disclosures in financial statements

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has expanded the list of disclosures made in...

Published 08 May, 2024 06:43am

Liquidation of appeals before IR, ATIR: Tax Laws Act to be effective from May 6

ISLAMABAD: The government has enforced the Tax Laws (Amendment) Act, 2024 from May 6, 2024, in an attempt to...

Updated 08 May, 2024 08:48am

Tax system digitalisation: FBR forms project management team

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a project management team for tax system...

Updated 08 May, 2024 08:50am

ST registered persons: FBR modifies requirement of filing balance sheet

ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, modified a controversial requirement for filing balance...

Updated 08 May, 2024 09:17am

Business & Finance

TRACIT recommends ‘Anti-Illicit Trade Coordinator’ to deal with challenge of illicit trade

ISLAMABAD: The Transnational Alliance to Combat Illicit Trade (TRACIT) recommended “Anti-Illicit Trade...

Published 07 May, 2024 08:05am

Business & Finance

SIMs of non-filers: Cellular cos/telecom operators apprise ministry about their concerns

ISLAMABAD: The cellular companies/telecom operators have collectively raised their concerns with the Ministry of IT...

Published 07 May, 2024 06:05am

Blocking SIMs of non-filers: FBR decides to summon telcos’ operators

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to call all telecom operators at the FBR Headquarters to...

Updated 06 May, 2024 09:18am

CCP passes merger order: Holdco acquires 100pc stake of PIACL

Holdco now holds all the liabilities, and subsidiaries of PIA, including its business, property, rights, and obligations both domestically and internationally

Updated 05 May, 2024 01:52pm

Not on ATL: Phone SIMs of over 1.4m non-filers likely to be blocked

ISLAMABAD: The Federal Board of Revenue (FBR) may take similar enforcement action of blocking SIMs against 1.4...

Updated 05 May, 2024 01:53pm

Rs2.7trn revenue stuck in courts/appeals: Aurangzeb, FBR chief discuss strategy

FBR chairman gives detailed briefing to finance minister about the revenue collection efforts of FBR for current financial year

Updated 04 May, 2024 07:24pm

Tajir Dost Scheme not practicable, CC tells FBR

ISLAMABAD: The Chief Coordinator of Tajir Dost Scheme-2024 of the Federal Board of Revenue (FBR), Friday,...

Updated 04 May, 2024 07:23pm

Poor implementation of track-and-trace system: PM orders Bosal to identify erring officials

ISLAMABAD: The government held several meetings on the Federal Board of Revenue (FBR) Thursday including a meeting...

Updated 03 May, 2024 09:20am

Well-organised documented sectors: PBC urges FBR to rationalise ‘super tax’

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Petrol/Litre / Dec 27	252.10
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Diesel/Litre / Dec 27	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Trust Sec.& Brok. / Dec 27 Trust Securities & Brokerage Limited(TSBL)	12.71 ▲ 1.16 (10.04%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)
Blessed Tex. / Dec 27 Blessed Textiles Limited(BTL)	321.78 ▲ 29.25 (10.00%)
Liven Pharma / Dec 27 Liven Pharma Limited(LIVEN)	124.41 ▲ 11.31 (10.00%)
Oilboy Energy / Dec 27 Oilboy Energy Limited(OBOY)	11 ▲ 1.00 (10.00%)

Stock	Price
Faran Sugar (R) / Dec 27 Faran Sugar Mills Limited (R)(FRSMR)	7.06 ▼ -0.99 (-12.30%)
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Olympia Mills / Dec 27 Olympia Mills Limited(OML)	36.01 ▼ -3.99 (-9.98%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.80 ▼ -4.54 (-9.80%)
Hafiz Ltd. / Dec 27 Hafiz Limited(HAFL)	255 ▼ -26.68 (-9.47%)
Pak Leather / Dec 27 Pak Leather Crafts Limited(PAKL)	31.60 ▼ -3.23 (-9.27%)
Sana Ind / Dec 27 Sana Industries Limited(SNAI)	28.20 ▼ -2.75 (-8.89%)
Pak Datacom / Dec 27 Pak Datacom Limited(PAKD)	136 ▼ -13.04 (-8.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	93,341,113 ▲ 1.41
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	49,879,145 ▲ 0.03
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.50
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.11
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	28,338,285 ▲ 0.29
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	25,970,648 ▲ 0.42
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	25,321,174 ▲ 1.06
K-Electric Ltd. / Dec 27 K-Electric Limited(KEL)	22,753,854 ▲ 0.02
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	19,861,117 ▼ -0.06

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