News stories for Sohail Sarfraz

Sohail Sarfraz

Purchase of immovable properties: Advance tax exemption for expatriates sought

ISLAMABAD: The overseas Pakistanis including non-resident persons should be exempted from advance tax payable under...

Updated 03 Oct, 2022 09:37am

FY22 domestic consumption of POL products: Sales tax collection declines 54.4pc to Rs107bn YoY

Major chunk of around 44 percent of sales tax domestic collection comes from ten sectors including petroleum products, electricity, sugar, cement, natural gas

Updated 03 Oct, 2022 09:59am

Contribution by 10 major sectors constitutes 71pc of CD collection

ISLAMABAD: Nearly 71 percent of customs duty collection has been contributed by 10 major sectors during 2021-22...

Updated 03 Oct, 2022 09:40am

FY22 withholding tax collection grows 24pc to 1.53trn YoY

ISLAMABAD: The withholding tax (WHT) collection stood at Rs 1,534.4 billion during 2021-22 against Rs 1,237.3...

Updated 03 Oct, 2022 09:36am

Business & Finance

Insurance industry payments against claims in 2021 soar to Rs189bn from Rs170bn in 2020

ISLAMABAD: The insurance industry (life/ non-life insurance companies) has paid claims of Rs189 billion to the...

Published 02 Oct, 2022 05:48am

FBR working on new tax incentives for Chinese cos

ISLAMABAD: The Federal Board of Revenue (FBR) is working on new tax incentives for Chinese companies including...

Updated 02 Oct, 2022 10:19am

Business & Finance

Number of products: Documented steel sector will claim input tax adjustment

ISLAMABAD: The Federal Board of Revenue (FBR) will allow the documented steel sector to claim input tax adjustment ...

Published 01 Oct, 2022 04:20am

CVT calculation: Value of foreign assets to be converted into PKR: FBR

ISLAMABAD: The value of foreign assets shall be converted into rupees for the calculation of the Capital Value Tax...

Updated 30 Sep, 2022 09:42am

Tax return deadline extension under discussion: official

ISLAMABAD: Keeping in view presentations of the tax bars/chambers/trade associations, the Federal Board of Revenue...

Updated 30 Sep, 2022 11:58am

Business & Finance

Dar takes stock of tax revenue situation

ISLAMABAD: The Federal Board of Revenue (FBR) has committed to Finance Minister Ishaq Dar to achieve the quarterly...

Updated 30 Sep, 2022 09:38am

Business & Finance

Risk profiles of main segments: FBR creates new directorate

ISLAMABAD: The Federal Board of Revenue (FBR) has created a new directorate (Directorate-General of Compliance Risk...

Published 29 Sep, 2022 06:47am

Business & Finance

Senate body concerned over rising prices of wheat flour

ISLAMABAD: The Senate Standing Committee on National Food Security and Research, Wednesday, expressed serious ...

Published 29 Sep, 2022 06:46am

Rs684bn Sept target: FBR required to collect around Rs120bn in 2 days

ISLAMABAD: The Federal Board of Revenue (FBR) is facing a gigantic task to collect around Rs120 billion in the...

Updated 29 Sep, 2022 10:14am

Section 7E: Aggrieved filers to be given more time, FBR assures LHC

ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, assured the Lahore High Court (LHC) that it will give an...

Updated 28 Sep, 2022 10:03am

Business & Finance

Withdrawal of ‘advance income tax’ sought

ISLAMABAD: Tobacco farmers admitted that the advance income tax of Rs390 per kilogram on tobacco is not applicable ...

Published 28 Sep, 2022 05:51am

Pakistan

Refund adjustment provision in new tax return form: IHC directs FBR to submit report

ISLAMABAD: The Islamabad High Court (IHC) on Monday directed the Federal Board of Revenue (FBR) to submit a report ...

Published 27 Sep, 2022 04:06am

Business & Finance

SECP empowered to take action against ‘digital lenders’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is empowered to take action against the digital...

Updated 27 Sep, 2022 09:43am

Business & Finance

Flood havoc: FBR urged to extend tax return deadline till Nov 30th

ISLAMABAD: Tax advisers/lawyers and chartered accountants have approached the Federal Board of Revenue (FBR) to...

Updated 27 Sep, 2022 12:45pm

Business & Finance

FBR revises conditions for licences of customs agents

ISLAMABAD: The Federal Board of Revenue (FBR) has revised conditions for the issuance of licences to the customs...

Published 27 Sep, 2022 04:06am

NOC from existing credit rating agency made mandatory

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has made it mandatory for companies to obtain...

Updated 26 Sep, 2022 10:07am

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
Escorts Bank / Jan 24 Escorts Investment Bank Limited(ESBL)	6.79 ▲ 1.00 (17.27%)
Khalid Siraj / Jan 24 Khalid Siraj Textile Mills Limited(KSTM)	9.05 ▲ 0.95 (11.73%)
Agritech Limited / Jan 24 Agritech Limited(AGL)	52.46 ▲ 4.77 (10.00%)
Loads Limited / Jan 24 Loads Limited(LOADS)	18.92 ▲ 1.72 (10.00%)
Sardar Chemical / Jan 24 Sardar Chemical Industries Limited(SARC)	35.75 ▲ 3.25 (10.00%)
Leather Up Ltd. / Jan 24 Leather Up Limited(LEUL)	33.36 ▲ 3.03 (9.99%)
Shezan Inter. / Jan 24 Shezan International Limited(SHEZ)	148.17 ▲ 13.46 (9.99%)
Saritow Spinning / Jan 24 Saritow Spinning Mills Limited(SSML)	11.13 ▲ 1.01 (9.98%)
Ellcot Spinning / Jan 24 Ellcot Spinning Mills Limited(ELSM)	113.60 ▲ 10.30 (9.97%)

Stock	Price
Mandviwala / Jan 24 Mandviwala Mauser Plastic Industries(MWMP)	19.13 ▼ -2.12 (-9.98%)
Gulistan Sp. / Jan 24 Gulistan Spinning Mills Limited(GUSM)	9.84 ▼ -1.09 (-9.97%)
Zahid Jee Textile / Jan 24 Zahidjee Textile Mills Limited(ZAHID)	27.24 ▼ -2.97 (-9.83%)
Crescent Cotton / Jan 24 Crescent Cotton Mills Limited(CCM)	48.50 ▼ -5.02 (-9.38%)
Ashfaq Textile / Jan 24 Ashfaq Textile Mills Limited(ASHT)	14.15 ▼ -1.35 (-8.71%)
Dawood Lawrencepur / Jan 24 Dawood Lawrencepur Limited(DLL)	302.50 ▼ -19.20 (-5.97%)
Elahi Cot. / Jan 24 Elahi Cotton Mills Limited(ELCM)	105 ▼ -6.00 (-5.41%)
Hussain Industries / Jan 24 Husein Industries Limited(HUSI)	28.01 ▼ -1.41 (-4.79%)
The Thal Ind.Corp. / Jan 24 The Thal Industries Corporation Limited(TICL)	295.01 ▼ -13.99 (-4.53%)

Stock	Volume
Cnergyico PK / Jan 24 Cnergyico PK Limited(CNERGY)	143,693,542 ▼ -0.10
WorldCall Telecom / Jan 24 Worldcall Telecom Limited(WTL)	78,194,783 ▼ -0.01
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	57,202,439 ▲ 3.90
Fauji Cement / Jan 24 Fauji Cement Company Limited(FCCL)	47,170,217 ▼ -0.65
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	35,630,848 ▼ -0.46
Citi Pharma Ltd / Jan 24 Citi Pharma Ltd.(CPHL)	32,528,835 ▼ -2.50
The Searle Co. / Jan 24 The Searle Company Limited(SEARL)	26,563,258 ▲ 5.41
Maple Leaf Cement / Jan 24 Maple Leaf Cement Factory Limited(MLCF)	26,433,374 ▼ -0.94
Fauji Foods Ltd / Jan 24 Fauji Foods Limited(FFL)	22,111,604 ▼ -0.06

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