News stories for Sohail Sarfraz

Sohail Sarfraz

Customs duty in 2023-24: Petroleum sector, imported vehicles top contributors

ISLAMABAD: Two top contributors of customs duty were the petroleum sector and imported vehicles during 2023-24. The...

Updated 11 Nov, 2024 02:40pm

Business & Finance

Rs237bn FED collected from cigarettes in 2023-24

ISLAMABAD: The Federal Board of Revenue (FBR) has collected Rs 237 billion as federal excise duty (FED) from...

Updated 11 Nov, 2024 09:24am

WHT’s share in collection of direct taxes stands at 60pc

ISLAMABAD: The Federal Board of Revenue (FBR) has claimed that the share of withholding taxes stood at 60 percent in...

Updated 11 Nov, 2024 08:56am

International transshipment cargoes: FBR to allow inter-port movement

ISLAMABAD: The Federal Board of Revenue (FBR) will allow inter-port movement of international transshipment cargoes...

Updated 11 Nov, 2024 09:21am

Property values in Karachi: New SRO retains rebate provision, FBR asked

ISLAMABAD: Legal experts and tax advisers have sought an urgent clarification from the Federal Board of Revenue...

Updated 10 Nov, 2024 09:45am

Bank’s income case: FBR restrained from initiating ‘coercive’ action

ISLAMABAD: The income of the bank to be taxed based on gross advances to deposit ratio has been challenged before...

Updated 10 Nov, 2024 09:49am

Business & Finance

Over Rs16bn revenue loss prevented by busting gangs of cyber criminals using foreign IPs/VPN/proxy servers

ISLAMABAD: Directorate General of Intelligence and Investigation-Inland Revenue (IR) has prevented revenue loss of...

Published 09 Nov, 2024 07:18am

CCP issues report on state of competition in power sector: Discos asked to strengthen MIRAD for better business planning

Report highlights significant presence and impact of state-owned enterprises on competition within the power sector

Updated 09 Nov, 2024 02:59pm

FBR will impose new surcharge on fossil fuels

ISLAMABAD: The Federal Board of Revenue (FBR) will impose a new surcharge on fossil fuels to generate additional...

Updated 09 Nov, 2024 02:59pm

Tax collection decreases 21.5pc in 2023-24

ISLAMABAD: The income tax collection from efforts of the tax officials of the Federal Board of Revenue (FBR) has...

Updated 08 Nov, 2024 09:36am

15 sectors contribute 62.4pc of domestic sales tax revenue

ISLAMABAD: A significant 62.4 percent of the domestic sales tax revenue was contributed by 15 sectors including...

Updated 08 Nov, 2024 09:38am

Tax-to-GDP ratio drastically down in 2023-24

ISLAMABAD: The Tax-to-Gross Domestic Product (GDP) ratio drastically decreased from 9.22 percent in 2021-22 to 8.77...

Updated 08 Nov, 2024 09:41am

Tax exemptions in FY24 amounted to Rs3.8trn: FBR

Report by FBR shows Income Tax expenditure was Rs 476.96 billion (6.66 percent of FBR’s collection, 12.30 percent of total expenditure and 0.57 percent of GDP)

Updated 08 Nov, 2024 09:58am

Business & Finance

Volumes of market leader cigarette making co significantly decline

ISLAMABAD: The volumes of market leader cigarette manufacturing company significantly declined from 7.1 billion...

Published 08 Nov, 2024 06:41am

PRAL & FBR staff found involved: A dormant account used for Rs1.625trn fake supplies?

ISLAMABAD: A gang of cybercriminals illegally used the dormant account of a retired armed forces personnel and made...

Updated 07 Nov, 2024 03:27pm

FTO’s office sees 67pc spike in complaints against FBR

ISLAMABAD: The number of complaints filed by the taxpayers against the Federal Board of Revenue (FBR) with the...

Updated 07 Nov, 2024 09:19am

Pakistan

Judicial intervention: IHC reinforces CCP’s autonomy in conducting probes without threat

ISLAMABAD: The Islamabad High Court (IHC) has reinforced the Competition Commission of Pakistan’s autonomy in...

Published 06 Nov, 2024 06:22am

FBR acquiesces to changes in ‘Tajir Dost Scheme’

ISLAMABAD: The Federal Board of Revenue (FBR) has agreed in principle major changes in the “Tajir Dost Scheme” for...

Updated 06 Nov, 2024 08:26am

Business & Finance

CCP implements comprehensive legal reforms

ISLAMABAD: In a major step to promote fair competition and enhance market transparency, the Competition Commission ...

Published 06 Nov, 2024 05:50am

Business & Finance

Tax collectors: FBR special team to develop new kind of ‘dash board’

ISLAMABAD: The Federal Board of Revenue (FBR) has constituted a special team to develop a new kind of “dash...

Published 05 Nov, 2024 03:30am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 24	278.80
USD PKR Interbank Buying / Jan 24	278.60
USD to Japanese Yen / Jan 24	156
USD to Swiss Franc / Jan 24	0.91
Pound Sterling to USD / Jan 24	1.25
Euro to USD / Jan 24	1.05

Stock	Volume
S&P 500 / Jan 24	6,101.24
India Sensex / Jan 24	76,190.46
Tokyo Nikkei / Jan 24	39,931.98
Nasdaq / Jan 24	19,954.30
Hang Seng / Jan 24	20,066.19
FTSE 100 / Jan 24	8,502.35
Dow Jones / Jan 24	44,424.25
Germany DAX 30 / Jan 24	21,394.93

Item	Value
Crude Oil USD/Barrel / Jan 24	74.66
Karachi Cotton PKR/37.32 KG / Jan 24	18,485
Gold 10 Grams PKR / Jan 24	248,285
Gold Spot USD/Ounce / Jan 24	2,770.58
Cotton US¢/pound / Jan 24	67.61
Petrol/Litre / Jan 27	256.13

Gainers
Losers
Leaders

Stock	Price
OLP Modaraba / Jan 27 OLP Modaraba Limited(OLPM)	16.05 ▼ 0 (0%)
Nishat Power / Jan 27 Nishat Power Limited(NPL)	34.53 ▼ 0 (0%)
National Refinery / Jan 27 National Refinery Limited(NRL)	261.80 ▼ 0 (0%)
Nimir Resins / Jan 27 Nimir Resins Limited(NRSL)	25.37 ▼ 0 (0%)
National Silk / Jan 27 The National Silk & Rayon Mills Limited(NSRM)	55.44 ▼ 0 (0%)
Oilboy Energy / Jan 27 Oilboy Energy Limited(OBOY)	9.51 ▼ 0 (0%)
Octopus Digital / Jan 27 Octopus Digital Limited(OCTOPUS)	66.82 ▼ 0 (0%)
Oil & Gas Dev. / Jan 27 Oil & Gas Development Company Limited(OGDC)	212.43 ▼ 0 (0%)
OLP Fin. Services / Jan 27 OLP Financial Services Pakistan Limited(OLPL)	36.83 ▼ 0 (0%)

Stock	Price
OLP Modaraba / Jan 27 OLP Modaraba Limited(OLPM)	16.05 ▲ 0 (0%)
Nishat Power / Jan 27 Nishat Power Limited(NPL)	34.53 ▲ 0 (0%)
National Refinery / Jan 27 National Refinery Limited(NRL)	261.80 ▲ 0 (0%)
Nimir Resins / Jan 27 Nimir Resins Limited(NRSL)	25.37 ▲ 0 (0%)
National Silk / Jan 27 The National Silk & Rayon Mills Limited(NSRM)	55.44 ▲ 0 (0%)
Oilboy Energy / Jan 27 Oilboy Energy Limited(OBOY)	9.51 ▲ 0 (0%)
Octopus Digital / Jan 27 Octopus Digital Limited(OCTOPUS)	66.82 ▲ 0 (0%)
Oil & Gas Dev. / Jan 27 Oil & Gas Development Company Limited(OGDC)	212.43 ▲ 0 (0%)
OLP Fin. Services / Jan 27 OLP Financial Services Pakistan Limited(OLPL)	36.83 ▲ 0 (0%)

Stock	Volume
Cnergyico PK / Jan 27 Cnergyico PK Limited(CNERGY)	61,454,571 ▲ 0
Sui South Gas / Jan 27 Sui Southern Gas Company Limited(SSGC)	57,677,562 ▲ 0
WorldCall Telecom / Jan 27 Worldcall Telecom Limited(WTL)	33,767,457 ▲ 0
The Searle Co. / Jan 27 The Searle Company Limited(SEARL)	26,713,969 ▲ 0
Fauji Cement / Jan 27 Fauji Cement Company Limited(FCCL)	20,797,108 ▲ 0
Citi Pharma Ltd / Jan 27 Citi Pharma Ltd.(CPHL)	18,489,077 ▲ 0
Ghani Chem. Ind. / Jan 27 Ghani Chemical Industries Limited(GCIL)	17,202,553 ▲ 0
Waves Corporation / Jan 27 Waves Corporation Limited(WAVES)	16,079,475 ▲ 0
Maple Leaf Cement / Jan 27 Maple Leaf Cement Factory Limited(MLCF)	15,337,516 ▲ 0

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