News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

Karandaaz issues ‘white paper’ on advantages, prospects of ‘open banking’

ISLAMABAD: Open banking in Pakistan has enabled consumers to manage and track their financial data and empowers them...

Updated 06 Dec, 2023 04:23pm

Business & Finance

Tax credit regime for NPOs massively misused: FTO

ISLAMABAD: The Federal Board of Revenue’s tax credit regime for Non-Profit Organisations (NPOs) has been massively...

Published 05 Dec, 2023 03:01am

Business & Finance

E-filing certificate: Taxmen given Dec 6 deadline

ISLAMABAD: The Federal Board of Revenue (FBR) has given a deadline of December 6, 2023, to tax officers (BS-17 and...

Published 05 Dec, 2023 03:01am

Four countries: FBR decides to ink deal on Electronic Data Interchange

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to ink agreements on Electronic Data Interchange with the...

Updated 05 Dec, 2023 09:36am

New regulatory safeguards placed to protect investors: SECP chief

ISLAMABAD: Securities and Exchange Commission of Pakistan (SECP) Chairman Akif Saeed Saturday said the SECP has...

Updated 03 Dec, 2023 09:05am

‘Green channel facility’: 57pc of imported consignments cleared at ports

ISLAMABAD: A total of 57 percent of the imported consignments have been cleared at ports under the “green channel...

Updated 02 Dec, 2023 09:51am

Only photovoltaic cells exempted from sales tax: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has clarified that the exemption of sales tax previously available on...

Updated 02 Dec, 2023 03:33pm

LHC, too, suspends SRO about tax on banks’ windfall income

ISLAMABAD: The Lahore High Court (LHC) has also suspended the SRO 1588(I)/2023 of the Federal Board of Revenue (FBR)...

Updated 01 Dec, 2023 09:50am

Business & Finance

FTO asks FBR to review ED regime

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to review whole regime of...

Updated 01 Dec, 2023 09:12am

Jul-Nov collection exceeds target

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs3,484 billion during the first five...

Updated 01 Dec, 2023 09:08am

Business & Finance

CCP grants approval for acquisition of SSIL by CRE

ISLAMABAD: China based M/s CNNP Rich Energy Co Ltd strategically invests in Pakistan’s renewable energy sector...

Published 01 Dec, 2023 04:43am

Business & Finance

FBR collects Rs10bn CVT under different heads in 2022-23

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Capital Value Tax (CVT) of Rs 10 billion under different...

Published 01 Dec, 2023 04:43am

Operation of SRO about additional tax on banks’ windfall income suspended

ISLAMABAD: The Islamabad High Court (IHC), on Wednesday, suspended the SRO 1588 (1)/ 2023 of the Federal Board of...

Updated 30 Nov, 2023 08:46am

FBR resolves Sino-Pak ‘trade gap’ issue

ISLAMABAD: The Federal Board of Revenue (FBR) has resolved the issue of the trade gap between Pakistan and China, as...

Updated 30 Nov, 2023 09:57am

Business & Finance

Solar panel importers: Banks penalised for failing to check money laundering, over-invoicing

ISLAMABAD: The State Bank of Pakistan (SBP) has imposed penalties on certain banks for not checking massive money...

Published 30 Nov, 2023 04:53am

Business & Finance

Share of cigarettes in FED collection rises

ISLAMABAD: The share of cigarettes in overall Federal Excise Duty (FED) collection has increased to 40 percent ...

Published 29 Nov, 2023 05:09am

FBR gets data of unregistered sugar buyers

ISLAMABAD: The Federal Board of Revenue (FBR) has obtained data of unregistered buyers of sugar from Sales Tax...

Updated 29 Nov, 2023 08:53am

FY23 sales of immovable properties: WHT collection registers 340.5pc growth YoY

Federal Board of Revenue releases withholding tax data

Updated 29 Nov, 2023 09:51am

IMF team briefed about tax policy reforms

ISLAMABAD: The task force on tax and Federal Board of Revenue (FBR) reforms, Tuesday, briefed the International...

Updated 29 Nov, 2023 08:52am

Business & Finance

FBR pays refunds/customs rebates of Rs335.6bn in 2022-23

ISLAMABAD: The Federal Board of Revenue (FBR) has paid refunds/customs rebates of Rs335.6 billion during 2022-23 as...

Published 29 Nov, 2023 05:09am

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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