News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

Federal Tax Ombudsman’s powers, jurisdiction explained

ISLAMABAD: The Federal Tax Ombudsman (FTO) has the stature of Supreme Court judge and he can award six months’...

Published 31 Dec, 2022 07:41am

Business & Finance

Dec collection stands at Rs710bn

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs 710 billion in 30 days of December 2022...

Published 31 Dec, 2022 07:00am

FBR notifies PSW Evidence of Identity Rules, 2022

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all persons engaged in cross-border trade transactions to...

Updated 31 Dec, 2022 08:33am

Imports: Dar rejects ‘flood levy’ proposal

ISLAMABAD: Finance Minister Ishaq Dar has rejected the proposal to impose flood levy on the import of non-essential...

Updated 31 Dec, 2022 08:46am

Business & Finance

Customs asked to adopt standard units of measurement for 7,575 items

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday directed all field formations of Customs to adopt standard...

Published 30 Dec, 2022 05:50am

Notice issued to Shabbar withdrawn on FTO’s order

ISLAMABAD: The timely intervention of the Federal Tax Ombudsman (FTO) has resulted in the withdrawal of an illegal...

Updated 30 Dec, 2022 08:42am

Business & Finance

Erstwhile tribal areas: Steel and ghee/cooking industries told to justify tax exemption demand

ISLAMABAD: Minister of State for Finance Aisha Ghaus Pasha Thursday categorically conveyed to the steel and...

Updated 30 Dec, 2022 08:42am

Business & Finance

FTO says taxpayers filed over 6,000 complaints

ISLAMABAD: The Federal Tax Ombudsman (FTO) Dr Asif Mehmood Jah Wednesday said taxpayers have filed 6,435 complaints...

Published 29 Dec, 2022 06:55am

Business & Finance

FBR sets up 6 new Model Customs Collectorates

ISLAMABAD: The Federal Board of Revenue (FBR) has created six new Model Customs Collectorates to increase...

Published 29 Dec, 2022 05:59am

FBR reduces duty on import of agri tractors

ISLAMABAD: The Federal Board of Revenue (FBR) has reduced additional customs-duty from 35 percent to 15 percent on...

Updated 29 Dec, 2022 08:51am

Business & Finance

Complainant heavily taxed on pension received as remittance: FTO tells FBR to transfer jurisdiction, revisit impugned order

ISLAMABAD: The Federal Tax Ombudsman (FTO) has taken serious notice of illegal transfer of jurisdictions of an...

Published 28 Dec, 2022 04:12am

Business & Finance

EFS module: APTMA urges FBR to remove glitches

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) Tuesday conveyed to the Federal Board of Revenue (FBR)...

Published 28 Dec, 2022 04:12am

Business & Finance

Leading businessman inducted into body on resource mobilisation

ISLAMABAD: Finance Minister Ishaq Dar has included Ziad Bashir, a leading businessman, as a member of the Reforms ...

Published 28 Dec, 2022 04:12am

CVT on foreign assets, tax on ‘deemed income basis’: FBR decides to publish richest defaulters’ names

ISLAMABAD: The government is weighing in on ‘naming and shaming’ the richest of the country who default on Capital...

Updated 27 Dec, 2022 09:45am

New customs values issued for wide range of papers

ISLAMABAD: The Directorate General of Customs Valuation, Karachi has increased 15pc to 20 pc customs values on the...

Updated 27 Dec, 2022 09:41am

Business & Finance

PALSP urges govt to appoint full-time chief of PSQCA

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has urged upon the government to appoint a ...

Published 27 Dec, 2022 06:07am

ATIR under shock: LTO Islamabad treats an airline as a ‘Kiryana shop’

Business & Finance

Imported networking equipment subject to 16pc duty: FBR

ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) has ruled that the imported...

Updated 24 Dec, 2022 10:08am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.78
USD PKR Interbank Buying / Jan 10	278.58
USD to Japanese Yen / Jan 10	157.84
USD to Swiss Franc / Jan 10	0.92
Pound Sterling to USD / Jan 10	1.22
Euro to USD / Jan 10	1.02

Stock	Volume
S&P 500 / Jan 10	5,824.15
India Sensex / Jan 10	77,378.91
Tokyo Nikkei / Jan 10	39,100.40
Nasdaq / Jan 10	19,146.19
Hang Seng / Jan 10	19,064.29
FTSE 100 / Jan 10	8,248.49
Dow Jones / Jan 10	41,910.26
Germany DAX 30 / Jan 10	20,214.79

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 10	76.56
Karachi Cotton PKR/37.32 KG / Jan 10	18,785
Gold Spot USD/Ounce / Jan 10	2,716.80
Cotton US¢/pound / Jan 10	67.01
Petrol/Litre / Jan 11	252.66

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

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