News stories for Sohail Sarfraz

Sohail Sarfraz

WHT transactions: FBR implements new documentation system

Directs withholding agents to install and integrate fiscal electronic devices and softwares for carrying out any transactions liable to withholding tax

Updated 23 Dec, 2023 07:43pm

Vietnam, other origins: Customs’ values on import of cashew nuts revised

ISLAMABAD: Directorate General of Customs Valuation, Karachi has revised Customs values on the import of cashew nuts...

Updated 23 Dec, 2023 09:43am

Valuation of immovable properties: FTO directs FBR to hire competent, experienced valuers

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to hire competent and...

Updated 23 Dec, 2023 07:42pm

ATIR’s orders: FTO explains what actually constitutes maladministration

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the delay in giving appeal effect to the order which is in...

Updated 22 Dec, 2023 09:03am

Non-inclusion of actual freight charges: Country incurring $1.5m monthly loss in meat exports to UAE

ISLAMABAD: Pakistan is reportedly bearing a loss of $1.5 million per month due to non-inclusion of actual freight...

Updated 22 Dec, 2023 09:48am

Business & Finance

Telecom sector: Body formed ahead of launch of single portal for filing ST returns

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a single portal committee for operationalizing...

Published 22 Dec, 2023 05:22am

Tax on deemed income basis: BHC asks why FBR has different policies for Punjab and Balochistan

ISLAMABAD: Balochistan High Court (BHC) has directed the Federal Board of Revenue (FBR) to explain why Section 7E...

Updated 20 Dec, 2023 09:47am

Business & Finance

Internal control lapses: Rs90m penalties on erring banks termed ‘peanuts’

ISLAMABAD: The State Bank of Pakistan (SBP) has imposed penalties of Rs90 million on different banks and ...

Published 20 Dec, 2023 06:00am

Business & Finance

Fake notes of Rs5000: SBP vows to improve regulations

ISLAMABAD: The State Bank of Pakistan (SBP) has assured the Senate Standing Committee on Finance to improve...

Published 20 Dec, 2023 06:00am

Import of lubricating oils: Customs’ values increased

ISLAMABAD: Directorate General of Customs Valuation, Karachi has raised Customs values, within the range of 30 to 50...

Updated 19 Dec, 2023 09:37am

Business & Finance

Cross-border goods via PSW system: FBR directs govt depts to apply new ‘IRMS’

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the government departments having trade controls on...

Published 19 Dec, 2023 05:20am

Business & Finance

SECP revises eligibility criteria for licensing of securities’ brokers

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has abolished condition for obtaining prior...

Published 19 Dec, 2023 05:20am

Overseas Pakistanis: Depreciation on used cell phones doubled

ISLAMABAD: The depreciation on the used/ refurbished mobile phones brought into Pakistan by the overseas Pakistanis...

Updated 18 Dec, 2023 09:20am

Property registration in Punjab: Mega WHT evasion scam unearthed

Tax office of Federal Board of Revenue conducts an electronic audit of property registrars in Punjab

Updated 18 Dec, 2023 11:51am

Illegal educational institutions: FTO orders probe into tax matters

Business & Finance

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 2	278.75
USD PKR Interbank Buying / Jan 2	278.55
USD to Japanese Yen / Jan 2	156.70
USD to Swiss Franc / Jan 2	0.90
Pound Sterling to USD / Jan 2	1.25
Euro to USD / Jan 2	1.04

Stock	Volume
S&P 500 / Jan 1	5,881.63
Tokyo Nikkei / Jan 1	39,894.54
Nasdaq / Jan 1	19,310.79
Dow Jones / Jan 1	42,544.22
India Sensex / Jan 2	79,764.68
Hang Seng / Jan 2	19,586.19
FTSE 100 / Jan 2	8,177.07
Germany DAX 30 / Jan 2	19,923.95

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 1	18,085
Gold 10 Grams PKR / Jan 1	241,773.70
Crude Oil USD/Barrel / Jan 2	71.98
Gold Spot USD/Ounce / Jan 2	2,635.56
Cotton US¢/pound / Jan 2	68.76
Petrol/Litre / Jan 3	252.66

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Jan 2 Siddiqsons Tin Plate Limited(STPL)	6.66 ▲ 0.80 (13.65%)
Escorts Bank / Jan 2 Escorts Investment Bank Limited(ESBL)	6.85 ▲ 0.80 (13.22%)
Tri-Star Power / Jan 2 Tri-Star Power Limited(TSPL)	5.87 ▲ 0.63 (12.02%)
Ittefaq Iron Ind / Jan 2 Ittefaq Iron Industries Limited(ITTEFAQ)	9.47 ▲ 1.00 (11.81%)
Blue-Ex Ltd / Jan 2 Blue-Ex Limited (GEM)(GEMBLUEX)	47.69 ▲ 4.34 (10.01%)
Ali Asghar / Jan 2 Ali Asghar Textile Mills Limited(AATM)	79.20 ▲ 7.20 (10.00%)
AL-Ghazi Tractors / Jan 2 Al-Ghazi Tractors Limited(AGTL)	629.66 ▲ 57.24 (10.00%)
Biafo Ind. / Jan 2 Biafo Industries Limited(BIFO)	217.42 ▲ 19.77 (10.00%)
Exide (PAK) / Jan 2 Exide Pakistan Limited(EXIDE)	889.49 ▲ 80.86 (10.00%)

Stock	Price
First Prudential Mod. / Jan 2 First Prudential Modaraba(PMI)	2.97 ▼ -0.72 (-19.51%)
Zahid Jee Textile / Jan 2 Zahidjee Textile Mills Limited(ZAHID)	27.90 ▼ -3.10 (-10.00%)
Frontier Ceram / Jan 2 Frontier Ceramics Limited(FRCL)	34.76 ▼ -3.86 (-9.99%)
Ellcot Spinning / Jan 2 Ellcot Spinning Mills Limited(ELSM)	108.10 ▼ -11.97 (-9.97%)
Fateh Sports / Jan 2 Fateh Sports Wear Limited(FSWL)	78.60 ▼ -8.62 (-9.88%)
National Silk / Jan 2 The National Silk & Rayon Mills Limited(NSRM)	50 ▼ -5.44 (-9.81%)
Al-Khair Gadoon / Jan 2 Al-Khair Gadoon Limited(AKGL)	37.41 ▼ -4.04 (-9.75%)
Olympia Mills / Jan 2 Olympia Mills Limited(OML)	36.36 ▼ -3.53 (-8.85%)
First Capital Equities / Jan 2 First Capital Equities Limited(FCEL)	5.51 ▼ -0.51 (-8.47%)

Stock	Volume
Fauji Foods Ltd / Jan 2 Fauji Foods Limited(FFL)	88,905,675 ▲ 0.88
Cnergyico PK / Jan 2 Cnergyico PK Limited(CNERGY)	71,999,946 ▼ -0.11
WorldCall Telecom / Jan 2 Worldcall Telecom Limited(WTL)	71,859,219 ▲ 0.03
Pak Int.Bulk / Jan 2 Pakistan International Bulk Terminal(PIBTL)	62,831,962 ▼ -0.20
Telecard Limited / Jan 2 Telecard Limited(TELE)	60,523,518 ▲ 0.72
B.O.Punjab / Jan 2 The Bank of Punjab(BOP)	45,412,470 ▼ -0.17
Pace (Pak) Ltd. / Jan 2 Pace (Pakistan) Limited(PACE)	41,276,943 ▲ 0.26
Pak Elektron / Jan 2 Pak Elektron Limited(PAEL)	33,978,834 ▲ 0.11
Aisha Steel Mill / Jan 2 Aisha Steel Mills Limited(ASL)	33,731,868 ▼ -0.39

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