News stories for Sohail Sarfraz

Sohail Sarfraz

Sales tax audit procedure redefined

ISLAMABAD: The Federal Board of Revenue (FBR) has redefined the sales tax audit procedure including selection of...

Updated 28 Jul, 2023 09:21am

Business & Finance

Online filing system: FBR asked to expedite process of integration with PRAs

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to immediately expedite the...

Published 28 Jul, 2023 03:02am

FBR seeks amendment to Sec 2(37) of ST Act

ISLAMABAD: The scope of ‘sales tax fraud’ is intended to be enlarged by the Federal Board of Revenue (FBR) by...

Updated 27 Jul, 2023 08:56am

Supplies to unregistered persons: ‘Further Tax’ rate raised to 4pc

ISLAMABAD: The Federal Board of Revenue (FBR) has increased the rate of ‘Further Tax’ from three to four percent on...

Updated 26 Jul, 2023 09:08am

Pakistan

Private medical colleges violating tax laws

ISLAMABAD: Private medical colleges are involved in serious violations of income tax laws including non-deduction of...

Published 25 Jul, 2023 06:20am

Business & Finance

Tax under Section 7E on immoveable properties: Inland revenue chief commissioners issued instructions

ISLAMABAD: The Federal Board of Revenue (FBR) Monday issued draft of proposed amendments in the Inland Revenue...

Published 25 Jul, 2023 06:20am

Goods under brand name, trademark: Bulk supplies chargeable to GST: FBR

ISLAMABAD: The Federal Board of Revenue (FBR) will charge sales tax on bulk supplies of goods made under brand names...

Updated 25 Jul, 2023 10:03am

Tax on immovable properties: FBR urged to give taxpayers online declaration option

ISLAMABAD: The Federal Board of Revenue (FBR) should introduce an option for the taxpayers in the online declaration...

Updated 24 Jul, 2023 09:29am

Business & Finance

Expert says EPT on windfall profits tantamount to double taxation

ISLAMABAD: The Excess Profit Tax (EPT) or additional tax on companies making windfall profits is against the basic...

Published 23 Jul, 2023 03:25am

Technology

SECP, PTA to take joint action against illegal lending apps

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) and Pakistan Telecommunication Autho-rity (PTA)...

Published 23 Jul, 2023 03:25am

Business & Finance

SECP issues guidelines to public-listed and public-sector companies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed directors, senior management and...

Published 22 Jul, 2023 06:06am

Business & Finance

FTO exposes ‘illegal’ tax recovery by FBR

ISLAMABAD: Federal Tax Ombudsman (FTO) has exposed an illegal tax recovery by the Federal Board of Revenue (FBR)...

Published 22 Jul, 2023 06:06am

Illicit trade: Cigarette makers question FBR’s performance

ISLAMABAD: Leading cigarette manufacturers Friday raised serious questions over the performance of the Federal Board...

Updated 22 Jul, 2023 09:45am

‘Green channel’ facility: FBR increases clearance of imports and exports to 66pc

ISLAMABAD: In a major trade facilitation step, the Federal Board of Revenue (FBR) has increased the clearance of...

Updated 21 Jul, 2023 09:29am

Finance bill: Bureaucracy can devise ‘zero tax’ regime

Senate Standing Committee on Finance holds meeting under chairmanship of Senator Saleem Mandviwalla

Updated 21 Jul, 2023 09:48am

Business & Finance

Customs value on wooden splint export fixed

ISLAMABAD: The Directorate General of Customs Valuation has fixed customs value on the export of “Wooden Splint”...

Published 20 Jul, 2023 03:12am

SECP issues instructions to futures exchange

Business & Finance

Pakistan

Govt to appoint new CCP chairman soon

ISLAMABAD: The federal government is expected to issue a notification in the next few days on the appointment of a...

Published 18 Jul, 2023 05:51am

Forex
World
Commodity

Currency	Rate

Stock	Volume

Item	Value

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Jan 8 PICIC Insurance Limited(PIL)	3.21 ▲ 0.32 (11.07%)
JS Bank Ltd / Jan 8 JS Bank Limited(JSBL)	10.41 ▲ 1.00 (10.63%)
Idrees Tex. / Jan 8 Idrees Textile Mills Limited(IDRT)	15.68 ▲ 1.43 (10.04%)
Sec. Inv. Bank / Jan 8 Security Investment Bank Limited(SIBL)	12.38 ▲ 1.13 (10.04%)
Ahmad Hassan / Jan 8 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Asia Ins. / Jan 8 Asia Insurance Company Limited(ASIC)	14.29 ▲ 1.30 (10.01%)
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%)
JDW Sugar / Jan 8 JDW Sugar Mills Limited(JDWS)	904.95 ▲ 82.27 (10.00%)

Stock	Price
JS Mom. Factor ETF / Jan 8 JS Momentum Factor ETF(JSMFETF)	15.15 ▼ -2.18 (-12.58%)
Parmount Sp. / Jan 8 Paramount Spinning Mills Limited(PASM)	4 ▼ -0.50 (-11.11%)
Ali Asghar / Jan 8 Ali Asghar Textile Mills Limited(AATM)	78.82 ▼ -8.76 (-10.00%)
Faisal Sp. / Jan 8 Faisal Spinning Mills Limited(FASM)	292.37 ▼ -32.48 (-10.00%)
Khairpur Sug. / Jan 8 Khairpur Sugar Mills Limited(KPUS)	133.71 ▼ -14.86 (-10.00%)
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%)
Frontier Ceram / Jan 8 Frontier Ceramics Limited(FRCL)	24.23 ▼ -2.69 (-9.99%)
National Silk / Jan 8 The National Silk & Rayon Mills Limited(NSRM)	49.90 ▼ -5.54 (-9.99%)

Stock	Volume
WorldCall Telecom / Jan 8 Worldcall Telecom Limited(WTL)	520,088,624 ▲ 0.09
Cnergyico PK / Jan 8 Cnergyico PK Limited(CNERGY)	76,600,722 ▼ -0.30
K-Electric Ltd. / Jan 8 K-Electric Limited(KEL)	45,707,217 ▼ -0.21
Fauji Foods Ltd / Jan 8 Fauji Foods Limited(FFL)	36,987,542 ▼ -0.41
Sui South Gas / Jan 8 Sui Southern Gas Company Limited(SSGC)	33,354,890 ▲ 2.33
Pak Stock Exchange / Jan 8 Pakistan Stock Exchange Limited(PSX)	27,144,749 ▼ -2.85
Pak Refinery / Jan 8 Pakistan Refinery Limited(PRL)	24,452,864 ▼ -2.53
B.O.Punjab / Jan 8 The Bank of Punjab(BOP)	22,768,455 ▼ -0.23
Pak Elektron / Jan 8 Pak Elektron Limited(PAEL)	20,370,180 ▼ -0.42

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