News stories for Sohail Sarfraz

Sohail Sarfraz

Around Rs148bn shortfall: FBR likely to collect Rs1.225trn this month

ISLAMABAD: The Federal Board of Revenue (FBR) has estimated to collect Rs1,225 billion during December 2024 against...

Updated 31 Dec, 2024 09:15am

Income Tax (amendment) Ordinance promulgated

FBR now expecting Rs 70 billion till December 31, 2024 from the banking sector which will help tax machinery reduce its shortfall in collection to some extent

Updated 31 Dec, 2024 04:52pm

Business & Finance

Customs classification body issues new valuation ruling

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that “Kola...

Published 29 Dec, 2024 02:48am

FBR issues new procedure for customs agents’ licences

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a new procedure for grant/ renewal of customs agents...

Updated 28 Dec, 2024 02:40pm

Business & Finance

Listed cos: stock split guidelines

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has given approval to the Pakistan Stock...

Published 28 Dec, 2024 05:59am

Business & Finance

HNWIs to be taxed: Aurangzeb unveils FBR digitisation strategy

ISLAMABAD: Minister for Finance Muhammad Aurangzeb Thursday unveiled the government’s strategy to implement...

Updated 27 Dec, 2024 09:17am

Purchase of property thru non-banking transactions: Buyers and sellers will face penalty

ISLAMABAD: After heavy taxation on buying/selling of immovable properties and increase in Federal Board of Revenue’s...

Updated 26 Dec, 2024 03:14pm

Aurangzeb throws light on people’s approach to tax obligations

ISLAMABAD: Finance Minister Muhammad Aurangzeb, Tuesday, disclosed that people are ready to pay more money (tax),...

Updated 25 Dec, 2024 09:22am

Business & Finance

SECP issues updated list of 37 firms involved in unauthorised business

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued an updated list of 37 companies...

Published 24 Dec, 2024 08:30am

Industry suffers as ADAT remains non-functional

ISLAMABAD: The domestic industry is facing severe challenges due to the non- appointment of members at the...

Updated 24 Dec, 2024 09:22am

Resident Pakistanis in UAE, UK: Rental income, capital gain not taxable: ATIR DB

ISLAMABAD: A division bench of Appellate Tribunal Inland Revenue (ATIR) has held that under the tax treaties of...

Updated 23 Dec, 2024 09:40am

‘Tax laws (amendment) bill likely to be challenged in courts’

ISLAMABAD: The Tax Laws (Amendment) Bill, 2024 is likely to be challenged in courts due to the imposition of...

Updated 22 Dec, 2024 09:26am

Colluding to influence fresh milk prices: CCP imposes penalties on three dairy associations

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed penalties on three dairy associations in Karachi...

Updated 22 Dec, 2024 09:34am

Collective Investment Schemes: SECP sets standardised performance benchmarks

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued Direction to set standardised...

Updated 21 Dec, 2024 09:17am

Business & Finance

Deceptive marketing practices: CCP imposes Rs170m penalties on two frozen dessert makers

ISLAMABAD: The Competition Commission of Pakistan (CCP) has imposed significant penalties on two leading frozen...

Published 21 Dec, 2024 06:24am

Pakistan-Azerbaijan PTA: FBR unveils tariff concessions on imports

ISLAMABAD: The Federal Board of Revenue (FBR) has announced tariff concessions on the import of items under Pakistan...

Updated 20 Dec, 2024 09:59am

FBR will now share income tax returns data with banks

According to Tax Laws (Amendment) Bill 2024 introduced in NA, exchange of banking and tax information related to high-risk persons has been allowed between banks and FBR

Updated 19 Dec, 2024 11:49am

Business & Finance

Registration of specialised trusts: FBR has barred field formations from issuing NOCs

ISLAMABAD: The Federal Board of Revenue (FBR) has barred its field formations from issuance of No Objection...

Published 19 Dec, 2024 05:57am

Taxmen likely to seal unregistered people’s co’s premises

ISLAMABAD: The Federal Board of Revenue (FBR) will empower Inland Revenue officials to seal unregistered people’s...

Updated 19 Dec, 2024 03:03pm

Business & Finance

245 non-compliant brands of cigarette packs are sold in domestic market: survey

ISLAMABAD: A survey conducted by Institute of Public Opinion Research (IPOR) has disclosed that out of total 264...

Published 18 Dec, 2024 08:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 24	278.80
USD PKR Interbank Buying / Jan 24	278.60
USD to Japanese Yen / Jan 24	156
USD to Swiss Franc / Jan 24	0.91
Pound Sterling to USD / Jan 24	1.25
Euro to USD / Jan 24	1.05

Stock	Volume
S&P 500 / Jan 24	6,101.24
India Sensex / Jan 24	76,190.46
Tokyo Nikkei / Jan 24	39,931.98
Nasdaq / Jan 24	19,954.30
Hang Seng / Jan 24	20,066.19
FTSE 100 / Jan 24	8,502.35
Dow Jones / Jan 24	44,424.25
Germany DAX 30 / Jan 24	21,394.93

Item	Value
Crude Oil USD/Barrel / Jan 24	74.66
Karachi Cotton PKR/37.32 KG / Jan 24	18,485
Gold 10 Grams PKR / Jan 24	248,285
Gold Spot USD/Ounce / Jan 24	2,770.58
Cotton US¢/pound / Jan 24	67.61
Petrol/Litre / Jan 27	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 27 Chenab Limited(CHBL)	8.57 ▲ 1 (13.21%)
Chenab Ltd (Pref) / Jan 27 Chenab Limited (Pref)(CLCPS)	3.89 ▲ 0.4500000000000002 (13.08%)
Cresent Jute / Jan 27 Crescent Jute Products Limited(CJPL)	5.65 ▲ 0.6100000000000003 (12.1%)
Leather Up Ltd. / Jan 27 Leather Up Limited(LEUL)	36.70 ▲ 3.3400000000000034 (10.01%)
At-Tahur Ltd. / Jan 27 At-Tahur Limited(PREMA)	25.85 ▲ 2.3500000000000014 (10%)
Calcorp Ltd / Jan 27 Calcorp Limited(CASH)	35.80 ▲ 3.25 (9.98%)
Saritow Spinning / Jan 27 Saritow Spinning Mills Limited(SSML)	12.24 ▲ 1.1099999999999994 (9.97%)
Habib Rice Products / Jan 27 Habib Rice Product Limited(HRPL)	35.85 ▲ 3.25 (9.97%)
Agritech Limited / Jan 27 Agritech Limited(AGL)	56.80 ▲ 4.539999999999999 (8.69%)

Stock	Price
National Silk / Jan 27 The National Silk & Rayon Mills Limited(NSRM)	50 ▼ -5.439999999999998 (-9.81%)
Kohat Textile / Jan 27 Kohat Textile Mills Limited(KOHTM)	32.05 ▼ -3.0800000000000054 (-8.77%)
Pak Gulf Leasing / Jan 27 Pak-Gulf Leasing Company Limited(PGLC)	19.07 ▼ -1.8200000000000003 (-8.71%)
United Brands / Jan 27 United Brands Limited(UBDL)	21.58 ▼ -1.6700000000000017 (-7.18%)
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	40.80 ▼ -3.1200000000000045 (-7.1%)
Shadab Textile / Jan 27 Shadab Textile Mills Limited(SHDT)	20.50 ▼ -1.5 (-6.82%)
MCB Invest. Managmt. / Jan 27 MCB Investment Management Limited(MCBIM)	65.04 ▼ -4.709999999999994 (-6.75%)
First Capital Equities / Jan 27 First Capital Equities Limited(FCEL)	5.15 ▼ -0.3699999999999992 (-6.7%)
First Tri-Star Mod. / Jan 27 First Tri-Star Modaraba(FTSM)	13.81 ▼ -0.879999999999999 (-5.99%)

Stock	Volume
Cnergyico PK / Jan 27 Cnergyico PK Limited(CNERGY)	61,454,571 ▼ -0.1299999999999999
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	57,677,562 ▼ -3.1200000000000045
WorldCall Telecom / Jan 27 Worldcall Telecom Limited(WTL)	33,767,457 ▼ -0.020000000000000018
The Searle Co. / Jan 27 The Searle Company Limited(SEARL)	26,713,969 ▼ -1.9399999999999977
Fauji Cement / Jan 27 Fauji Cement Company Limited(FCCL)	20,797,108 ▼ -1.0500000000000043
Citi Pharma Ltd / Jan 27 Citi Pharma Ltd.(CPHL)	18,489,077 ▼ -2.6899999999999977
Ghani Chem. Ind. / Jan 27 Ghani Chemical Industries Limited(GCIL)	17,202,553 ▲ 0.7299999999999969
Waves Corporation / Jan 27 Waves Corporation Limited(WAVES)	16,079,475 ▲ 0.0600000000000005
Maple Leaf Cement / Jan 27 Maple Leaf Cement Factory Limited(MLCF)	15,337,516 ▼ -1.0399999999999991

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