News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

Past income tax arrears: FBR recovers Rs2.8bn

ISLAMABAD: The Federal Board of Revenue’s recovery from past income tax arrears totaled at Rs 2.8 billion during...

Published 29 Nov, 2023 05:09am

Five major categories of ATT cargoes: 10pc processing fee abolished

ISLAMABAD: The 10 percent processing fee on five major categories of Afghan transit commercial goods covering...

Updated 28 Nov, 2023 09:49am

Proposed ‘Federal Board of Customs’: PMO asks FBR to submit comments

ISLAMABAD: The Prime Minister’s Office has asked the Federal Board of Revenue (FBR) chairman to submit the FBR’s...

Updated 28 Nov, 2023 09:48am

FBR informs IMF of its plan to register 1m non-filers

ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed the International Monetary Fund (IMF) that tax...

Updated 28 Nov, 2023 09:09am

Pakistan

Customs employee arrested for suspected links with gang

ISLAMABAD: Directorate General of Intelligence and Investigation Inland Revenue has arrested a customs employee of...

Published 27 Nov, 2023 06:13am

Customs agents, brokers and transporters: FBR abolishes ‘security’ condition for ATT containers

ISLAMABAD: The condition for Customs agents/brokers and transport operators to submit financial security in the form...

Updated 26 Nov, 2023 09:54am

Business & Finance

CCP initiates inquiry against automobile sector

ISLAMABAD: The Competition Commission of Pakistan (CCP) is conducting an enquiry against the automobile sector...

Published 26 Nov, 2023 03:31am

Business & Finance

Import from China: Customs’ values on fleece fabrics fixed

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new Customs values on the import of six...

Published 25 Nov, 2023 05:19am

Imposition of additional tax on windfall income subject to NA’s nod

ISLAMABAD: The Federal Board of Revenue (FBR)’s notification to impose a 40 percent additional tax on windfall...

Published 25 Nov, 2023 05:19am

Customs’ values on import of Methyl Acetate revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised Customs values on the import of Methyl...

Updated 25 Nov, 2023 08:49am

Documented cigarette manufacturers, other sectors: FBR likely to increase prices of tax stamps

ISLAMABAD: The Federal Board of Revenue (FBR) is likely to increase the prices of tax stamps used by documented...

Updated 24 Nov, 2023 09:20am

FBR-Nadra body tasked to broaden tax base

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday constituted a high-level technical committee of National...

Updated 24 Nov, 2023 09:18am

Pakistan

Mosque: FTO says charging IT by KE thru power bill illegal

ISLAMABAD: Federal Tax Ombudsman (FTO) has ruled that charging of income tax by M/s K-Electric, Karachi through...

Published 23 Nov, 2023 03:19am

Additional tax on windfall income, profits, gains: Banks given Nov 30 deadline to make payment

FBR specifies that the rate of tax for the purpose of the said section 99D shall be 40 percent

Updated 23 Nov, 2023 09:55am

Business & Finance

Manufacturing premises: FBR refuses DA to IR staff

ISLAMABAD: The Federal Board of Revenue (FBR) has refused to grant daily allowance (DA) to the officers/ staff of...

Published 23 Nov, 2023 03:19am

Business & Finance

Foreign ‘surrogate firms’: SECP restricts cos from entering into deals

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has restricted all companies from entering into...

Published 22 Nov, 2023 05:48am

Foreign currency deals during 2021, 2022: FBR to impose 40pc additional tax on windfall profits of banks

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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