News stories for Sohail Sarfraz

Sohail Sarfraz

Valuation of immovable properties: FBR suspends proposed increase till next month

ISLAMABAD: In a major development, the Federal Board of Revenue (FBR) has temporarily suspended a major increase...

Updated 06 Aug, 2023 11:13am

Working out new rates of immovable properties: On Dar’s directive, FBR to hold talks with realtors today

ISLAMABAD: Finance Minister Ishaq Dar Friday directed the Federal Board of Revenue (FBR) to immediately convene a...

Updated 05 Aug, 2023 03:08pm

Dar explains what actually led to changes in budget

Says for securing an agreement with the IMF, the government had to impose new taxes

Updated 05 Aug, 2023 03:06pm

Business & Finance

First Carrefour supermarket opened in Islamabad

ISLAMABAD: Majid Al Futtaim, owner and operator of Carrefour in Pakistan, has further increased its investment in...

Published 05 Aug, 2023 06:00am

Business & Finance

Defiance regarding recommendations: FTO urged to exert his authority

ISLAMABAD: The Federal Tax Ombudsman (FTO) has been urged to be strict with the department when there is deliberate...

Published 04 Aug, 2023 06:20am

Valuation, assessment: FTO directs DGCV to accurately classify imported cellphones

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Directorate General Customs Valuation (DGCV) Karachi to...

Updated 04 Aug, 2023 08:48am

Dar sets Rs10trn revenue target for Tiwana-led team

ISLAMABAD: Finance Minister Ishaq Dar threw the gauntlet of chasing a revenue target of Rs 10 trillion for the...

Updated 03 Aug, 2023 09:29am

NA panel told: Property transfers, registration halted due to Section 7E ITO

ISLAMABAD: The registration and transfers of immovable properties across Pakistan has been totally stopped after...

Updated 03 Aug, 2023 09:14am

New Tracking, Monitoring of Cargo Rules notified: Rs175m annual turnover a must to obtain licence: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed companies having a minimum annual turnover of Rs175...

Updated 03 Aug, 2023 09:53am

Order issued against authorities: Closure of One Customs clearance system hitting businesses: FTO

ISLAMABAD: The Federal Board of Revenue (FBR) has completely shut down the One Customs clearance system since April...

Updated 02 Aug, 2023 09:59am

FBR surpasses July revenue collection target

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs538 billion during July 2023 against the...

Updated 02 Aug, 2023 09:09am

Pakistan

Real estate, construction: Demand to appoint advisor to PM in caretaker setup

ISLAMABAD: The government needs to create a special position of ‘Advisor to the Prime Minister on Real Estate and...

Published 01 Aug, 2023 06:19am

Project-to-project basis: Developers and builders to pay advance tax: FBR

ISLAMABAD: The new advance tax imposed on developers and builders would be paid on a project-to-project basis. The...

Updated 01 Aug, 2023 09:24am

Sale tax law: expert approves of new definition of ‘tax fraud’

ISLAMABAD: The acquirers or possessors (traders) of smuggled/ domestic goods, on which sales tax has not been paid,...

Updated 31 Jul, 2023 09:46am

Number of income tax filers stands at 4.2m

ISLAMABAD: The latest number of income tax return filers as per the Active Taxpayers List (ATL) now stood at 4.2...

Updated 31 Jul, 2023 09:48am

Business & Finance

Handling court matters: FBR turns ‘Directorate General of Law, Prosecution’ into ‘special agency’

ISLAMABAD: The Federal Board of Revenue (FBR) has declared the Directorate General of Law and Prosecution as a...

Published 31 Jul, 2023 06:43am

Over Rs50,000 cash withdrawals thru credit cards/ATMs: Non-filers to pay 0.6pc WHT: FBR

Through Income Tax Circular 2 of 2023, FBR has explained important amendments made in the Income Tax Ordinance, 2001 (the Ordinance) through Finance Act 2023

Updated 30 Jul, 2023 09:49am

Pakistan

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%)
First Capital Equities / Jan 8 First Capital Equities Limited(FCEL)	7 ▲ 0.81 (13.09%)
Pak Gen.Ins. / Jan 8 The Pakistan General Insurance Co. Ltd.(PKGI)	9.60 ▲ 0.97 (11.24%)
D.M. Textile / Jan 8 D.M. Textile Mills Limited(DMTX)	60.58 ▲ 5.51 (10.01%)
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%)
Pak Datacom / Jan 8 Pak Datacom Limited(PAKD)	152.10 ▲ 13.83 (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%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.40 ▼ -1.93 (-11.14%)
Liven Pharma / Jan 8 Liven Pharma Limited(LIVEN)	178.53 ▼ -19.84 (-10.00%)
Suhail Jute / Jan 8 Suhail Jute Mills Limited(SUHJ)	156.38 ▼ -17.38 (-10.00%)
Sana Ind / Jan 8 Sana Industries Limited(SNAI)	29.65 ▼ -3.25 (-9.88%)
Khyber Textile / Jan 8 Khyber Textile Mills Limited(KHYT)	500 ▼ -47.79 (-8.72%)
Blessed Tex. / Jan 8 Blessed Textiles Limited(BTL)	291.01 ▼ -27.75 (-8.71%)
Idrees Tex. / Jan 8 Idrees Textile Mills Limited(IDRT)	13.02 ▼ -1.23 (-8.63%)
Elahi Cot. / Jan 8 Elahi Cotton Mills Limited(ELCM)	96 ▼ -7.00 (-6.80%)
Frontier Ceram / Jan 8 Frontier Ceramics Limited(FRCL)	25.11 ▼ -1.81 (-6.72%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	80,583,371 ▲ 0.00
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▲ 0.01
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▲ 0.10
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▲ 0.12
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 0.71
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▲ 0.25
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	23,513,012 ▲ 0.07
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 ▲ 0.75

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular