News stories for Sohail Sarfraz

Sohail Sarfraz

Extension in filing of income tax returns predicted

ISLAMABAD: Tax experts have strongly predicted extension in filing of income tax returns beyond the September 30th...

Updated 27 Sep, 2024 08:43am

Business & Finance

FTO cancels ‘illegal’ auction for imported vehicle by Customs Karachi

ISLAMABAD: The Federal Tax Ombudsman (FTO), while canceling an illegal auction of an imported vehicle, reprimanded...

Published 27 Sep, 2024 06:26am

SBP working on Sukuk alternate structure: governor

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad, Wednesday, said that the SBP is working on an...

Updated 26 Sep, 2024 08:46am

Filing of returns: FBR approached for two-month extension

ISLAMABAD: Despite Federal Board of Revenue’s (FBR) announcement of not extending date for filing of returns, the...

Updated 26 Sep, 2024 02:21pm

No new taxation measures or mini-budget under study: FBR

ISLAMABAD: Federal Board of Revenue (FBR) Member Inland Revenue (Policy) Dr Hamid Ateeq Sarwar said Wednesday that...

Updated 26 Sep, 2024 01:01pm

Higher returns thru Islamic banking perturb Senate panel?

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad, Wednesday, said that inflation is expected to remain...

Updated 26 Sep, 2024 09:03am

Business & Finance

Import of ‘High Pressure Washer’ to attract zero percent customs duty

ISLAMABAD: The customs classification committee of the Federal Board of Revenue (FBR) declared that zero percent...

Published 25 Sep, 2024 08:51am

Technology

‘Framework for WLAN-2024 facilitates more accessible connectivity in line with global standards’

ISLAMABAD: In an era where digital connectivity shapes the backbone of national progress, Pakistan’s latest,...

Published 25 Sep, 2024 06:48am

‘FASTER’ system: Exporters allowed to enjoy speedy refund payment facility from Oct

ISLAMABAD: In a major development, the Federal Board of Revenue (FBR) has allowed the facility of speedy sales tax...

Updated 25 Sep, 2024 09:25am

Business & Finance

FBR transformation plan, digitisation: Business groups, tax compliant cos taken on board

ISLAMABAD: Chairman Federal Board of Revenue (FBR) Rashid Mahmood Tuesday took into confidence leading business...

Published 25 Sep, 2024 06:48am

Business & Finance

Exemption of local scrap from sales tax: Delay in implementation causing over Rs 5bn revenue loss per month

ISLAMABAD: The delay in implementation of a key budgetary measure (2024-25) to exempt local scrap from sales tax has...

Published 25 Sep, 2024 06:48am

Business & Finance

Officials exerting pressure to get choice postings: FBR chairman asks heads of field formations to certify/endorse action

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood has directed all heads of field formations to...

Published 24 Sep, 2024 03:28am

Business & Finance

Insurance sector: CCP concerned at preferential treatment to SOEs

ISLAMABAD: The Competition Commission of Pakistan (CCP) has expressed concern over the preferential treatment given...

Published 24 Sep, 2024 03:28am

Tax collection at import stage: share in total collection reduces

ISLAMABAD: The tax collection at import stage constituted 35 percent and domestic tax collection’s share was 65...

Updated 23 Sep, 2024 03:24pm

Business & Finance

Increase in sales tax from 10pc to 18pc on tractors criticized

ISLAMABAD: The poor farmers and agriculturists have expressed serious concern over the Federal Board of Revenue’s...

Published 23 Sep, 2024 06:45am

Services acquired from non-residents: FBR issued notices for not allowing input tax adjustments

ISLAMABAD: Sindh High Court (SHC) has issued notices to the Federal Board of Revenue (FBR) for not allowing input...

Updated 22 Sep, 2024 04:35pm

FBR’s Transformation Plan: FBR chief shares key features with senior tax officials

Business & Finance

As on Aug 31st: CDNS portfolio stands at Rs3.1trn, NA panel told

ISLAMABAD: The total portfolio of Central Directorate of National Savings (CDNS) stood at Rs3.1 trillion as on ...

Published 20 Sep, 2024 06:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 3	277.92
USD PKR Interbank Buying / Dec 3	277.72
USD to Japanese Yen / Dec 3	150.01
USD to Swiss Franc / Dec 3	0.89
Pound Sterling to USD / Dec 3	1.27
Euro to USD / Dec 3	1.05

Stock	Volume
S&P 500 / Dec 2	6,047.15
Nasdaq / Dec 2	19,403.95
Dow Jones / Dec 2	44,782
India Sensex / Dec 3	80,853.10
Tokyo Nikkei / Dec 3	39,248.86
Hang Seng / Dec 3	19,694.44
FTSE 100 / Dec 3	8,345.09
Germany DAX 30 / Dec 3	20,011.64

Item	Value
Gold 10 Grams PKR / Dec 2	235,340
Petrol/Litre / Dec 3	252.10
Crude Oil USD/Barrel / Dec 3	68.37
Karachi Cotton PKR/37.32 KG / Dec 3	17,685
Gold Spot USD/Ounce / Dec 3	2,645.88
Diesel/Litre / Dec 3	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	213,514,857 ▲ 0.00
Cnergyico PK / Dec 3 Cnergyico PK Limited(CNERGY)	196,907,321 ▲ 0.00
Fauji Foods Ltd / Dec 3 Fauji Foods Limited(FFL)	68,325,507 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	66,212,972 ▲ 0.00
Sui South Gas / Dec 3 Sui Southern Gas Company Limited(SSGC)	65,264,278 ▲ 0.00
B.O.Punjab / Dec 3 The Bank of Punjab(BOP)	61,288,845 ▲ 0.00
Hascol Petrol / Dec 3 Hascol Petroleum Limited(HASCOL)	49,268,731 ▲ 0.00
Pak Int.Bulk / Dec 3 Pakistan International Bulk Terminal(PIBTL)	46,902,495 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	31,910,059 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

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