News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

Seized goods at Collectorates of Customs: FTO takes notice of absence of e-auction facility

ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken serious notice of the absence of the facility of electronic...

Published 23 May, 2023 06:14am

FTO asks FBR to conduct ‘withholding audit’ of NHA

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to conduct a withholding...

Updated 22 May, 2023 08:58am

Business & Finance

Pakistan Tobacco Co massively cuts production on FED hike

ISLAMABAD: Pakistan Tobacco Company has stopped 80 percent of its total production which may lead to the total...

Published 21 May, 2023 04:00am

Unsatiated traders seek more tax incentives

ISLAMABAD: The business community is again seeking tax exemptions, special tax rates, and tax credits and ...

Updated 21 May, 2023 09:32am

Business & Finance

Budget proposals: ICAP urges govt to amend FBR law, related rules, regulations

ISLAMABAD: The Institute of Chartered Accountants of Pakistan (ICAP) has approached the government seeking ...

Published 20 May, 2023 05:59am

Business & Finance

Budget proposals: PBC asks FBR to discourage use of cash in economy

ISLAMABAD: The Federal Board of Revenue (FBR) has received different budget proposals to check the cash economy in...

Published 20 May, 2023 05:59am

Juices, aerated water: FBR reviewing FED structure in budget

ISLAMABAD: The Federal Board of Revenue (FBR) is reviewing federal excise duty (FED) structure on juices and aerated...

Updated 19 May, 2023 09:03am

Business & Finance

SECP makes policy recommendation to implement Islamic stock trading

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has made a policy recommendation to implement...

Published 19 May, 2023 06:17am

Business & Finance

FY24 Budget: MoF, FBR receive inputs from FPCCI, Aptma

ISLAMABAD: The Ministry of Finance and the Federal Board of Revenue (FBR), Thursday, discussed budget proposals with...

Published 19 May, 2023 06:17am

Industries in tribal areas: Fate of tax exemptions to be decided in FY24 budget

ISLAMABAD: The government, through Finance Bill 2023, will take final decision on the extension in tax exemptions...

Updated 18 May, 2023 09:03am

Pre-budget talks: Senate panel to meet stakeholders from next week

ISLAMABAD: The Senate Standing Committee has decided to hold pre-budget meetings with all the relevant stakeholders...

Updated 18 May, 2023 09:05am

Rising steel smuggling from Iran, Afghanistan: PALSP issues ‘stern warning’ to FBR

ISLAMABAD: The Pakistan Association of Large Steel Producers (PALSP) has issued a stern warning to the Federal Board...

Updated 17 May, 2023 09:03am

Budget measures regarding new housing societies: FBR, provinces to document ‘plot file’ trading

ISLAMABAD: The Federal Board of Revenue (FBR) and provinces will take measures in the coming budget (2023-24) to...

Updated 17 May, 2023 11:20am

Pakistan

Illicit cigarette industry’s market share expands to 39pc

ISLAMABAD: The illicit cigarette industry share has been increased to 39 percent in the market as compared to claims...

Published 16 May, 2023 03:23am

Business & Finance

PSW extends scope of operations to all dry ports except Quetta

ISLAMABAD: Pakistan Single Window (PSW) has extended the scope of its operations to all dry ports (except Quetta)...

Published 16 May, 2023 03:23am

Business & Finance

RRMC floats budget proposals

ISLAMABAD: Reforms and Resource Mobilization Commission (RRMC) has recommended the withdrawal of the quarterly...

Published 16 May, 2023 03:23am

Business & Finance

Firm refunds Rs8,134,000 fine to its 143 dealers on CCP order

ISLAMABAD: Following the directive of the Competition Appellate Tribunal and Competition Commission of Pakistan...

Published 16 May, 2023 03:23am

ATL: number of return filers hits 3.58m mark

Experts say FBR can achieve the target of 4.3 million taxpayers on the ATL by broadening the tax base process by data mining of Withholding Taxes

Updated 14 May, 2023 10:03am

Business & Finance

RRMC recommends changes in tax laws

ISLAMABAD: The Reforms and Resource Mobilization Commission (RRMC) has recommended legal changes in tax laws to ...

Published 14 May, 2023 03:24am

Original utility connection holders: Energy firms asked to collect tax data on CNIC basis

ISLAMABAD: The Reforms and Resource Mobilisation Commission (RRMC) has recommended electricity/gas companies to...

Updated 14 May, 2023 10:11am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 9	278.65
USD PKR Interbank Buying / Jan 9	278.45
USD to Japanese Yen / Jan 9	158.14
USD to Swiss Franc / Jan 9	0.91
Pound Sterling to USD / Jan 9	1.23
Euro to USD / Jan 9	1.03

Stock	Volume
S&P 500 / Jan 8	5,918.25
Nasdaq / Jan 8	19,478.88
Dow Jones / Jan 8	42,635.20
India Sensex / Jan 9	77,704.13
Tokyo Nikkei / Jan 9	39,516.87
Hang Seng / Jan 9	19,288.79
FTSE 100 / Jan 9	8,263.49
Germany DAX 30 / Jan 9	20,277.66

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 8	18,285
Gold 10 Grams PKR / Jan 8	237,483
Crude Oil USD/Barrel / Jan 9	73.16
Gold Spot USD/Ounce / Jan 9	2,659.11
Cotton US¢/pound / Jan 9	68.16
Petrol/Litre / Jan 10	252.66

Gainers
Losers
Leaders

Stock	Price
Next Capital / Jan 9 Next Capital Limited(NEXT)	10.49 ▲ 1.00 (10.54%)
Ahmad Hassan / Jan 9 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Dadex Eternit / Jan 9 Dadex Eternit Limited(DADX)	64 ▲ 5.82 (10.00%)
Dawood Lawrencepur / Jan 9 Dawood Lawrencepur Limited(DLL)	325.73 ▲ 29.61 (10.00%)
D.M. Textile / Jan 9 D.M. Textile Mills Limited(DMTX)	66.64 ▲ 6.06 (10.00%)
JDW Sugar / Jan 9 JDW Sugar Mills Limited(JDWS)	995.45 ▲ 90.50 (10.00%)
Matco Foods Ltd / Jan 9 Matco Foods Limited(MFL)	48.59 ▲ 4.40 (9.96%)
Baba Farid Sugar / Jan 9 Baba Farid Sugar Mills Limited(BAFS)	48 ▲ 3.90 (8.84%)
Asim Textile / Jan 9 Asim Textile Mills Limited(ASTM)	16.42 ▲ 1.31 (8.67%)

Stock	Price
Cresent Jute / Jan 9 Crescent Jute Products Limited(CJPL)	4.81 ▼ -0.58 (-10.76%)
F.Credit & Inv / Jan 9 First Credit and Investment Bank Limited(FCIBL)	6.85 ▼ -0.79 (-10.34%)
Ali Asghar / Jan 9 Ali Asghar Textile Mills Limited(AATM)	70.94 ▼ -7.88 (-10.00%)
Air Link Com. / Jan 9 Air Link Communication Limited(AIRLINK)	191.54 ▼ -21.28 (-10.00%)
Liven Pharma / Jan 9 Liven Pharma Limited(LIVEN)	160.68 ▼ -17.85 (-10.00%)
Power Cem(Pref) / Jan 9 Power Cement (Pref)(POWERPS)	11.25 ▼ -1.25 (-10.00%)
Suhail Jute / Jan 9 Suhail Jute Mills Limited(SUHJ)	140.74 ▼ -15.64 (-10.00%)
Chakwal Spinning / Jan 9 Chakwal Spinning Mills Limited(CWSM)	61.70 ▼ -6.85 (-9.99%)
Frontier Ceram / Jan 9 Frontier Ceramics Limited(FRCL)	21.81 ▼ -2.42 (-9.99%)

Stock	Volume
WorldCall Telecom / Jan 9 Worldcall Telecom Limited(WTL)	520,199,852 ▼ -0.01
K-Electric Ltd. / Jan 9 K-Electric Limited(KEL)	48,176,163 ▼ -0.07
Cnergyico PK / Jan 9 Cnergyico PK Limited(CNERGY)	41,301,063 ▼ -0.31
Fauji Foods Ltd / Jan 9 Fauji Foods Limited(FFL)	34,830,810 ▼ -1.04
Sui South Gas / Jan 9 Sui Southern Gas Company Limited(SSGC)	27,158,451 ▼ -1.88
Pak Refinery / Jan 9 Pakistan Refinery Limited(PRL)	24,532,091 ▼ -1.53
Pak Elektron / Jan 9 Pak Elektron Limited(PAEL)	23,028,613 ▼ -0.87
Lotte Chemical / Jan 9 Lotte Chemical Pakistan Limited(LOTCHEM)	19,891,091 ▲ 0.34
B.O.Punjab / Jan 9 The Bank of Punjab(BOP)	19,667,050 ▼ -0.02

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