News stories for Sohail Sarfraz

Sohail Sarfraz

Pensioners, senior citizens, Shuhada's families: FBR admits wrong calculations of tax liabilities

ISLAMABAD: The Federal Board of Revenue (FBR) has admitted before the Federal Tax Ombudsman (FTO) that the income...

Updated 21 Aug, 2023 09:59am

Business & Finance

FBR redrafts law dealing with payments to non-residents

ISLAMABAD: The Federal Board of Revenue (FBR) has redrafted the law dealing with the payments made to non-residents...

Updated 20 Aug, 2023 11:39am

FBR directs cement makers to start implementing ‘T&TS’

ISLAMABAD: The Federal Board of Revenue (FBR) has directed cement manufacturers to start implementation of the Track...

Updated 19 Aug, 2023 09:48am

PSW integrates digital services with four govt depts

ISLAMABAD: Pakistan Single Window (PSW) has successfully integrated its digital services with four government...

Updated 18 Aug, 2023 09:12am

Newly-created MCCs: Powers, jurisdiction of Customs Collectors enhanced

ISLAMABAD: The Federal Board of Revenue (FBR) has enhanced the powers and jurisdiction of the Chief Collectors of...

Updated 17 Aug, 2023 09:30am

Pakistan

Tax credit facility: FBR suggests simple procedure for charitable bodies

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a simple procedure for availing tax credit by charitable/...

Published 16 Aug, 2023 05:50am

Filers/non-filers: Sec 7E won’t apply to cases falling within LHC jurisdiction

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented the judgment of the Lahore High Court (LHC) on Section...

Updated 16 Aug, 2023 08:48am

Draft amendments to income tax Ord: FBR seeks new powers for IR Commissioners

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to give all basic administrative powers of income tax law...

Updated 15 Aug, 2023 10:27am

Income tax law: FBR proposes new definition of word ‘banking’

Proposed draft amendments in the Income Tax Ordinance, 2001 issued for simplification and harmonization through the next Finance Bill, 2024

Updated 14 Aug, 2023 05:32pm

World

India receives record number of ITRs

ISLAMABAD: The total number of income tax returns (ITRs) filed in India for the assessment year (AY) 2023-24, filed...

Published 13 Aug, 2023 02:55am

SECP directs listed cos to e-file financial statements

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the listed companies to...

Updated 13 Aug, 2023 09:54am

CEOs, directors in CMIIs: SECP introduces maximum terms limits

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP), in order to promote best governance practices...

Updated 12 Aug, 2023 09:51am

ST, FED return form: FTO directs FBR to rectify errors

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to rectify errors in the...

Updated 12 Aug, 2023 09:10am

BTB registration: 210,437 unregistered persons respond to FBR notices

ISLAMABAD: As many as 210,437 unregistered persons responded to 216,601 notices of the Federal Board of Revenue...

Updated 11 Aug, 2023 09:30am

Pakistan

Discrimination in issuance of LCs: Stakeholders demand a level playing field

ISLAMABAD: The Senate Standing Committee on Finance, Wednesday, held that targeted Letters of Credit (LCs) issuance...

Published 10 Aug, 2023 06:35am

Business & Finance

FBR suffered no loss on account of ‘unlawful clearance’ of goods during import ban?

ISLAMABAD: The Federal Board of Revenue (FBR) has suffered no revenue loss on account of alleged unlawful clearance...

Published 10 Aug, 2023 06:35am

Section 7E of Income Tax Ord: IR Commissioners told to issue exemptions in 1-2 days: FBR chief

Business & Finance

SECP decides to take steps to increase coverage of MTPI

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has decided to take some major steps including...

Published 08 Aug, 2023 06:37am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 7	278.70
USD PKR Interbank Buying / Jan 7	278.50
USD to Japanese Yen / Jan 7	158.20
USD to Swiss Franc / Jan 7	0.91
Pound Sterling to USD / Jan 7	1.25
Euro to USD / Jan 7	1.04

Stock	Volume
S&P 500 / Jan 7	5,909.03
India Sensex / Jan 7	77,947.47
Tokyo Nikkei / Jan 7	40,058.48
Nasdaq / Jan 7	19,489.68
Hang Seng / Jan 7	19,135.88
FTSE 100 / Jan 7	8,245.28
Dow Jones / Jan 7	42,528.36
Germany DAX 30 / Jan 7	20,340.57

Item	Value
Crude Oil USD/Barrel / Jan 7	74.56
Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold 10 Grams PKR / Jan 7	236,625
Gold Spot USD/Ounce / Jan 7	2,647.82
Cotton US¢/pound / Jan 7	68.37
Petrol/Litre / Jan 8	252.66

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jan 8 Askari Life Assurance Company Limited(ALAC)	6.39 ▲ 0.89 (16.18%)
Pak Gen.Ins. / Jan 8 The Pakistan General Insurance Co. Ltd.(PKGI)	9.60 ▲ 0.97 (11.24%)
Dawood Lawrencepur / Jan 8 Dawood Lawrencepur Limited(DLL)	296.12 ▲ 26.92 (10.00%)
Engro Holdings Ltd / Jan 8 Engro Holdings Limited(ENGROH)	287.88 ▲ 26.17 (10.00%)
Masood Textile / Jan 8 Masood Textile Mills Limited(MSOT)	59.99 ▲ 5.45 (9.99%)
Shadman Cotton / Jan 8 Shadman Cotton Mills Limited(SHCM)	35.67 ▲ 3.24 (9.99%)
Mehmood Tex / Jan 8 Mehmood Textile Mills Limited(MEHT)	652.20 ▲ 57.96 (9.75%)
IGI Life Ins / Jan 8 IGI Life Insurance Limited(IGIL)	15.90 ▲ 1.39 (9.58%)
Mandviwala / Jan 8 Mandviwala Mauser Plastic Industries(MWMP)	19 ▲ 1.60 (9.20%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.43 ▼ -1.90 (-10.96%)
Pak Gulf Leasing / Jan 8 Pak-Gulf Leasing Company Limited(PGLC)	20.41 ▼ -2.27 (-10.01%)
Sana Ind / Jan 8 Sana Industries Limited(SNAI)	29.61 ▼ -3.29 (-10.00%)
Suhail Jute / Jan 8 Suhail Jute Mills Limited(SUHJ)	156.38 ▼ -17.38 (-10.00%)
Liven Pharma / Jan 8 Liven Pharma Limited(LIVEN)	179.50 ▼ -18.87 (-9.51%)
Idrees Tex. / Jan 8 Idrees Textile Mills Limited(IDRT)	13.02 ▼ -1.23 (-8.63%)
Gadoon Textile / Jan 8 Gadoon Textile Mills Limited(GADT)	215.05 ▼ -15.12 (-6.57%)
GOC (Pak) / Jan 8 GOC (Pak) Limited.(GOC)	76 ▼ -4.70 (-5.82%)
First Tri-Star Mod. / Jan 8 First Tri-Star Modaraba(FTSM)	13.40 ▼ -0.60 (-4.29%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	80,583,371 ▲ 0.01
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▲ 0.00
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▲ 0.14
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▲ 0.23
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 0.76
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▲ 0.75
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	23,513,012 ▼ -0.08
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▲ 0.10
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▲ 1.05

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