News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

Prevention of fraudulent filing of statutory returns: SECP to introduce major changes in companies’ regulations

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to introduce major changes in...

Published 16 Mar, 2024 06:26am

Business & Finance

FBR notice issued within 6 years: ‘Taxpayer bound to maintain tax record till...’

ISLAMABAD: Federal Tax Ombudsman (FTO) Friday declared that once Federal Board of Revenue’s (FBR) notice is issued...

Published 16 Mar, 2024 06:26am

Business & Finance

Recoveries from developers, builders: CA firms having ICAP-QCR rating of ‘satisfactory’ notified

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday notified Chartered Accountant firms having an ICAP-QCR rating...

Published 15 Mar, 2024 04:14am

Construction sector: IMF asks FBR to abolish special tax regime

Recommends subjecting sector to standard income tax regime

Updated 15 Mar, 2024 04:03pm

Business & Finance

Companies: SECP simplifies ‘right issuance process’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has simplified “right issuance process” for...

Published 15 Mar, 2024 04:14am

Digitization of tax system top priority: finance minister

ISLAMABAD: Federal Minister for Finance and Revenue Muhammad Aurangzeb on Wednesday conveyed to the Federal Board of...

Updated 14 Mar, 2024 08:47am

Pakistan

Determined refund to company: LHC asks FBR to explain why payment was not made

ISLAMABAD: The Lahore High Court (LHC) has directed the Federal Board of Revenue (FBR) to explain why the verified...

Published 13 Mar, 2024 06:32am

‘Disallowing TA/DA’: LTO Lahore officials approach LHC

ISLAMABAD: The Inland Revenue Audit Officers/ Assistant Directors (Audit) of Large Taxpayer Office Lahore have...

Updated 13 Mar, 2024 08:51am

Business & Finance

Rise in illicit sale of cigarettes inflicting losses on national exchequer: PTC

ISLAMABAD: The Pakistan Tobacco Company (PTC) Tuesday sharing the latest market trends said the sale of illicit...

Published 13 Mar, 2024 06:31am

Business & Finance

Deceptive marketing practices: Tribunal upholds CCP’s order against multinational company

ISLAMABAD: The Competition Appellate Tribunal has upheld an order passed by the Competition Commission of Pakistan...

Published 12 Mar, 2024 04:27am

Liquidation of trusts by corporate restructuring companies: SECP issues new procedure

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued a detailed procedure for the...

Updated 10 Mar, 2024 09:49pm

Reducing risk of sales tax fraud: FBR places curbs on various activities, transactions

ISLAMABAD: The Federal Board of Revenue (FBR) has placed restrictions on various activities and transactions of...

Updated 09 Mar, 2024 06:51pm

Business & Finance

Invoice price more than Rs4m: FBR slaps 25pc sales tax on ‘local’ vehicles

ISLAMABAD: The Federal Board of Revenue (FBR) will charge 25 percent sales tax on locally manufactured or assembled...

Published 09 Mar, 2024 04:59am

Business & Finance

SECP plans to introduce Shariacompliant brokerage houses

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is planning to introduce Sharia-compliant...

Published 09 Mar, 2024 04:59am

Corporate Restructuring Companies Rules: SECP introduces major amendments

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has taken major steps to improve the...

Updated 08 Mar, 2024 09:49am

FBR officers asked to dispose of deferred ST refunds by June 1

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday directed field formations to dispose of deferred sales tax...

Updated 08 Mar, 2024 08:49am

Business & Finance

Release of ‘radiation machine’ President endorses FTO’s order

ISLAMABAD: President Arif Alvi has endorsed the order of the Federal Tax Ombudsman (FTO), directing the Collector of...

Published 08 Mar, 2024 03:14am

Business & Finance

Manipulation of stock prices: SECP files criminal cases against individuals

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has filed four criminal complaints against...

Published 07 Mar, 2024 04:59am

Business & Finance

RTO Rawalpindi disallowed to attach taxpayer’s bank accounts

ISLAMABAD: The Lahore High Court (LHC) Rawalpindi Bench has barred the Regional Tax Office (RTO) Rawalpindi from...

Published 07 Mar, 2024 04:59am

There’s drastic cut in the number of income tax return filers

Total number of persons covered under ATL 2023 totalled 3,350,000, compared to 5,730,000 in ATL 2022

Updated 06 Mar, 2024 02:05pm

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

Markets →

Budget 2024-25: income tax calculator for FY25

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