News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

FBR admits abolished ‘circle-based system’ much better than reformed‘functional-based system’

ISLAMABAD: The Federal Board of Revenue (FBR) has admitted that the abolished “Circle-based system” was much...

Published 16 Sep, 2023 03:03am

Broadening tax base: IT ministry to lend a helping hand to FBR

ISLAMABAD: The Ministry of IT and Telecommunication would fully assist the Federal Board of Revenue (FBR) in...

Updated 15 Sep, 2023 08:53am

Business & Finance

FBR not ‘rewarding’ taxpayers for timely paying due taxes: report

ISLAMABAD: A taxpayer’s survey of the Federal Board of Revenue (FBR) revealed that the FBR is not ...

Published 15 Sep, 2023 06:31am

Import value of Afghan-origin coal declines to $95 PMT

ISLAMABAD: Directorate of Customs Valuation Peshawar has drastically decreased the import value of Afghan-origin...

Updated 14 Sep, 2023 09:09am

Pakistan

FTO orders action against officers over mistreating used car importer

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered strict action against the Customs officials of Islamabad, who...

Updated 14 Sep, 2023 06:49am

FBR de-attaches bank accounts of PIA

ISLAMABAD: The Federal Board of Revenue (FBR) has de-attached the bank accounts of national flag carrier, PIA, on...

Updated 14 Sep, 2023 08:42am

Pakistan

Steel sector: FBR Member assures action over smuggling from Iran, Afghanistan

ISLAMABAD: The Federal Board of Revenue (FBR) Member Customs (Operations), Zeba Hai Azhar, has assured the ...

Published 13 Sep, 2023 06:17am

Business & Finance

Only 50pc of SECP registered entities file tax returns

ISLAMABAD: A total of 50,000 companies are filing their annual income tax returns out of over 100,000 entities...

Updated 13 Sep, 2023 09:46am

Domestic collection improvement: FBR presents strategy to Shamshad

ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, presented a plan before the Ministry of Finance to improve...

Updated 13 Sep, 2023 08:53am

Documentation requirements: Paperless environment not possible: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has said that a completely paperless environment for taxpayers is not...

Updated 13 Sep, 2023 08:55am

Business & Finance

FTO orders probe against FBR officials

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ordered an investigation against the Federal Board of Revenue (FBR)...

Published 12 Sep, 2023 06:22am

FBR ‘rues’ WHT deduction on mobile cards

ISLAMABAD: The Federal Board of Revenue (FBR) has criticised its policy of withholding tax deduction on mobile...

Updated 12 Sep, 2023 09:13am

Chinese investor seeks fast-track forum for getting justice

ISLAMABAD: A Chinese investor, deceived by his Pakistani partners, has requested Pakistani authorities/ regulators...

Updated 11 Sep, 2023 09:06am

Fake/flying invoices: FBR places safeguards following FTO’s orders

ISLAMABAD: The prompt action of the Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has forced the Federal Board of...

Updated 10 Sep, 2023 09:43am

FBR to engage CSOs, NGOs to provide info about improved tax services

ISLAMABAD: The Federal Board of Revenue (FBR) will engage civil society organisations (CSOs) and non-governmental...

Updated 10 Sep, 2023 09:42am

Major tax drive initiated against defaulters

Tax evaders include owners of commercial properties, factories, mills, wholesalers, real estate players, and traders

Updated 10 Sep, 2023 05:29pm

Fake/flying invoices: Taxmen told to conduct probe into cases of big cos

ISLAMABAD: The Federal Board of Revenue (FBR) has directed the tax officials to investigate cases of commercial...

Updated 09 Sep, 2023 09:01am

Business & Finance

CCP says strictly monitoring ongoing sugar situation

ISLAMABAD: The Competition Commission of Pakistan (CCP) is strictly monitoring the ongoing sugar “crisis” in the...

Updated 08 Sep, 2023 09:20am

Business & Finance

Manufacturing premises of cement, fertiliser, sugar sectors: Installation of independent production monitoring devices suggested

ISLAMABAD: The inquiry committee on implementation of Track and Trace System (TTS) has strongly recommended...

Published 08 Sep, 2023 06:01am

Business & Finance

Exporters of copper ingots facing problems

ISLAMABAD: The exporters of copper ingots to China are facing problems due to indecision on the part of FBR in...

Published 08 Sep, 2023 06:01am

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
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
Cotton US¢/pound / Nov 25	71.20
Petrol/Litre / Nov 26	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 26 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 26 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 26 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 26 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 26 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 26 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 26 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 26 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 26 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 26 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 26 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 26 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 26 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 26 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 26 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular