News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Business & Finance

A tug of war between tax dept and welfare organisation over surplus income from investments

LAHORE: Welfare organisations utilising the surplus income out of their investments for their own beneficiaries are...

Published 07 Nov, 2023 06:33am

Tax against reprocessing, repacking of goods termed ‘wrong’

LAHORE: Both the customs and sales tax authorities are wrongfully charging excise duty and sales tax against...

Updated 05 Nov, 2023 09:22am

Business & Finance

‘Tax authorities have failed to issue supplementary show-cause notice’

LAHORE: Tax authorities allegedly fail to issue supplementary show-cause notice in case taxpayers raise new factual...

Published 26 Oct, 2023 06:08am

Pakistan

Pak-Afghan transit rules: Customs authorities attract accusations

LAHORE: The customs authorities are involved in transgressing the Afghanistan-Pakistan Transit Rules through wrong...

Published 25 Oct, 2023 06:19am

Business & Finance

Insurance policyholders: Liquidity damages now payable only during a certain period of time

LAHORE: Policyholders are entitled only to receive the liquidated damages from the date of filing the claim till the...

Published 24 Oct, 2023 05:05am

Business & Finance

Why have industrial insurers failed to obtain claims?

LAHORE: Majority of the industrial insurers failed to obtain insurance claims because of the incompetent and...

Published 21 Oct, 2023 06:05am

Pakistan

Getting goods released on provisional assessment basis: importers accused of violating law

LAHORE: Some importers are allegedly violating law by getting released goods on the basis of provisional assessment...

Published 17 Oct, 2023 05:51am

Business & Finance

Money laundering: ‘Taxpayers prefer to challenge jurisdiction of income tax department’

LAHORE: Taxpayers involved in money laundering prefer to challenge the jurisdiction of the income tax department...

Published 14 Oct, 2023 05:32am

Pakistan

HRD LESCO resigns

LAHORE: Human Resource Director (HRD) LESCO Azia Shoaib has resigned while the Company Secretary is all set to face...

Published 13 Oct, 2023 05:50am

Business & Finance

Majority of insurance policy holders exploit liquidated damages facility?

LAHORE: Majority of insurance policy holders try to exploit the facility of liquidated damages after receiving the...

Published 12 Oct, 2023 05:57am

Pakistan

Recovery proceedings: Some borrowers denying cost of funds through settlements

LAHORE: Some borrowers are found denying cost of funds by entering into settlements with banks during the pendency ...

Published 11 Oct, 2023 03:10am

Business & Finance

‘Record being concealed from appellate forums to hide pilferage of ATTA goods’

LAHORE: Officials involved in pilferage of Afghan Transit Trade Agreement (ATTA) goods conceal departmental record...

Published 10 Oct, 2023 06:19am

Experts say super tax based on discrimination

LAHORE: The imposition of super tax is hit by the principle of past and closed transaction, as no tax can...

Updated 07 Oct, 2023 09:52am

Pakistan

‘Mortgagors transferring mortgaged properties to delay recovery proceedings’

LAHORE: Some mortgagors are allegedly involved in transferring the mortgaged properties to their close relatives...

Published 05 Oct, 2023 06:23am

Business & Finance

‘Customs denying exemption to importers of HEVs’

LAHORE: Customs authorities are allegedly denying exemption to the importers of Hybrid Electric Vehicles (HEVs) ...

Published 04 Oct, 2023 06:20am

Business & Finance

Welfare trusts: Tax dept not treating income from interest on bank deposits as business income

LAHORE: Tax authorities are allegedly not treating income from interest on bank deposits of welfare trusts as...

Published 28 Sep, 2023 05:33am

Pakistan

Heavy rain recorded across Punjab

LAHORE: Heavy rain hit various parts of the Punjab on Saturday especially persistent heavy rain in Lahore city...

Published 24 Sep, 2023 03:21am

Business & Finance

Declaration against foreign assets: ‘Taxpayers not filing CVT being held liable to default’

LAHORE: Tax authorities are holding taxpayers liable to default for not filing capital value tax (CVT) declaration...

Published 23 Sep, 2023 05:58am

Business & Finance

Withholding agents: Tax officers imposing penalties without verifying payments

LAHORE: Tax authorities are allegedly imposing additional tax against withholding agents without verifying whether...

Published 21 Sep, 2023 06:08am

Pakistan

Upcoming spell of westerly winds from 25th will help reduce temperatures

LAHORE: The ongoing rain-laden spell of westerly winds is pushing moisture fast back to the Bay of Bengal to bring a...

Published 20 Sep, 2023 06:28am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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