News stories for Sohail Sarfraz

Sohail Sarfraz

FBR issues new indemnity bond for EFS users

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a new “indemnity bond” for exporters, who intended to sale...

Updated 18 Jul, 2023 09:41am

Business & Finance

Reducing Rs2.3trn litigation: FBR starts process of appointing lawyers’ panel

ISLAMABAD: In order to reduce litigations of Rs2.3 trillion in courts, the Federal Board of Revenue (FBR) has ...

Published 18 Jul, 2023 05:51am

Business & Finance

SECP amends Companies (Postal Ballot) Regulations, 2018

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued revised “ballot paper for voting...

Published 18 Jul, 2023 05:51am

CCP urges SBP to enable SMEs to avail lower interest rates

ISLAMABAD: The Competition Commission of Pakistan (CCP) has asked the State Bank of Pakistan (SBP) to make it easier...

Updated 16 Jul, 2023 09:21am

CCP analysis on SME sector: ‘Complex regulatory regime pushes up cost of doing business’

ISLAMABAD: The Competition Commission of Pakistan (CCP) has declared that the complex regulatory regime has created...

Updated 16 Jul, 2023 09:22am

Business & Finance

FBR amends export facilitation scheme-2021

ISLAMABAD: The exporters would now be required to submit details of the export performance for the last 2-3 years...

Published 15 Jul, 2023 06:08am

Beverage sector: FBR kicks off process of implementing T&T system

ISLAMABAD: The Federal Board of Revenue has started the process of implementing the Track and Trace (T&T) system...

Updated 14 Jul, 2023 09:03am

Business & Finance

93pc of SMEs find availing bank financing cumbersome: CCP

ISLAMABAD: The Competition Commission of Pakistan’s (CCP) study revealed that 93 percent of the Small and Medium...

Published 14 Jul, 2023 06:22am

Cases of overseas Pakistanis: FTO issues guiding policy to FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has warned the Federal Board of Revenue (FBR) that the harsh treatment of...

Updated 13 Jul, 2023 09:06am

Country aims $1bn pharma exports by 2025, says Qamar

ISLAMABAD: Federal Minister of Commerce Syed Naveed Qamar said Wednesday that Pakistan’s objective is to increase...

Updated 13 Jul, 2023 09:35am

Suspected smugglers: Extensive powers granted to PCG, PMSA

ISLAMABAD: The Federal Board of Revenue (FBR) has given extensive powers to the Pakistan Coast Guards (PCG) and...

Updated 12 Jul, 2023 08:52am

Business & Finance

Urea manufacturers, FMPAC collectively fixing price: CCP

ISLAMABAD: The Competition Commission of Pakistan (CCP) has found that the urea manufacturers and the Fertilizers...

Published 12 Jul, 2023 06:39am

Declaration of assets & liabilities: FBR sets deadline

ISLAMABAD: The Federal Board of Revenue (FBR) has given a deadline of July 15, 2023 to all the officers of Inland...

Updated 11 Jul, 2023 08:54am

Business & Finance

Finalisation of GDs’ assessment without valid EIF stopped

ISLAMABAD: The Federal Board of Revenue (FBR) has restrained the Customs field formations from the finalisation of...

Published 11 Jul, 2023 06:08am

Pharmaceutical sector granted major tax relief

ISLAMABAD: The government has provided major tax relief to the pharmaceutical sector by allowing the reduced rate of...

Updated 10 Jul, 2023 08:51am

Business & Finance

Issuance of notice: IRO penalized for failing to observe due diligence

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a penalty to stop six months “performance pay...

Published 10 Jul, 2023 06:52am

Restaurants/eateries: Credit/debit card payments allowed at reduced 5pc ST

ISLAMABAD: The government has taken a significant documentation measure by allowing credit/debt card payments at a...

Updated 10 Jul, 2023 08:57am

Salaried class launches drive against tax hike

ISLAMABAD: Salaried class has launched a campaign against the substantial increase in the incidence of tax on...

Updated 09 Jul, 2023 09:53pm

Business & Finance

FBR directed to transfer ST, FED jurisdiction of all cases from AEOI Zones to original jurisdiction

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

Published 08 Jul, 2023 06:20am

FBR issues tax expenditure report-2023: More exemptions, concessions given during 2021-22

ISLAMABAD: The Federal Board of Revenue (FBR) has given more sales tax exemptions, zero-rating and concessions to...

Updated 08 Jul, 2023 09:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 8	278.78
USD PKR Interbank Buying / Jan 8	278.58
USD to Japanese Yen / Jan 8	158.14
USD to Swiss Franc / Jan 8	0.91
Pound Sterling to USD / Jan 8	1.25
Euro to USD / Jan 8	1.04

Stock	Volume
S&P 500 / Jan 7	5,909.03
Nasdaq / Jan 7	19,489.68
FTSE 100 / Jan 7	8,245.28
Dow Jones / Jan 7	42,528.36
Germany DAX 30 / Jan 7	20,340.57
France CAC40 / Jan 7	7,489.35
India Sensex / Jan 8	77,786.54
Tokyo Nikkei / Jan 8	40,008.25

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 7	18,285
Gold 10 Grams PKR / Jan 7	236,625
Crude Oil USD/Barrel / Jan 8	74.85
Gold Spot USD/Ounce / Jan 8	2,650.51
Cotton US¢/pound / Jan 8	68.44
Petrol/Litre / Jan 9	252.66

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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