News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Pakistan

Anti-money laundering law: Notices being issued to BoDs of companies

LAHORE: The Directorate of Intelligence and Investigation (I&I) Inland Revenue, under the garb of...

Published 17 Nov, 2023 06:06am

Business & Finance

For future probationary officers of IRS: FTO forwards case of ‘classic maladministration’ to develop case study

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has forwarded a case of maladministration to Directorate of...

Published 16 Nov, 2023 05:39am

Pakistan

‘Some insurance firms are not translating policy documents into Urdu’

LAHORE: Some insurance companies are not complying with the condition of translating the policy documents in Urdu...

Published 15 Nov, 2023 06:09am

Pakistan

Punjab CM announces smart lockdown despite resistance from Met dept

LAHORE: Caretaker Chief Minister Punjab Mohsin Naqvi announced smart lockdown despite resistance from the...

Published 14 Nov, 2023 05:08am

Markets

Lesco displays names of power ‘pilferers’

LAHORE: The Lahore electric supply company (Lesco) has displayed names of power pilferers amd defaulters on roadside...

Published 12 Nov, 2023 03:14am

Pakistan

Widespread rain in Lahore helps reduce density of smog

LAHORE: Widespread rain in Lahore on Friday morning reduced the density of thick smog, as the Air Quality Index ...

Published 11 Nov, 2023 06:30am

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

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	155.40
USD to Swiss Franc / Jan 24	0.90
Pound Sterling to USD / Jan 24	1.24
Euro to USD / Jan 24	1.05

Stock	Volume
S&P 500 / Jan 23	6,118.71
Nasdaq / Jan 23	20,053.68
Dow Jones / Jan 23	44,565.07
India Sensex / Jan 24	76,784.63
Tokyo Nikkei / Jan 24	39,931.98
Hang Seng / Jan 24	20,060.52
FTSE 100 / Jan 24	8,559.56
Germany DAX 30 / Jan 24	21,482.67

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 23	18,485
Gold 10 Grams PKR / Jan 23	245,799
Petrol/Litre / Jan 24	256.13
Crude Oil USD/Barrel / Jan 24	74.61
Gold Spot USD/Ounce / Jan 24	2,774.04
Diesel/Litre / Jan 24	260.95

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

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular