News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Business & Finance

Frequent changes in tax laws leading to wrong assessments

LAHORE: Extensive changes in tax laws on yearly basis and at times more than once in a year, lead to wrong...

Published 07 May, 2023 03:21am

Business & Finance

Over 100 FBR officers submit leave intimations to protest pay disparities

LAHORE: More than 100 officers of the Federal Board of Revenue (FBR) have submitted leave intimations to lodge their...

Published 05 May, 2023 06:44am

Pakistan

Mercury in Punjab plunges to 24C

LAHORE: The ongoing cold weather spell in the country has led to a drop in temperature to 24C in Punjab against 42C...

Published 04 May, 2023 04:26am

Business & Finance

Stock-in-trade: tax officials attract accusation

LAHORE: Income tax officers are accused of calculating stock-in-trade of sales tax returns in the income tax returns...

Published 03 May, 2023 06:35am

Business & Finance

Family expenses: FTO deattaches taxpayer’s bank account

LAHORE: The Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jan has directed the tax authorities to de-attach the bank...

Published 02 May, 2023 05:59am

Business & Finance

LTO Lahore recovers Rs5.25bn from CPPA-G

LAHORE: The Large Tax Office (LTO) Lahore has recovered Rs 5.25 billion from Central Power Purchasing Agency...

Published 29 Apr, 2023 06:04am

Business & Finance

Tax officials accused of ignoring rules while charging WWF out of audit proceedings

LAHORE: The tax authorities are accused of ignoring the condition of passing a written order while dealing with...

Published 28 Apr, 2023 06:08am

Manufacturers-cum-exporters: EFS users seek clearance of goods by customs

LAHORE: The users of the Export Facilitation Scheme (EFS) have approached the Federal Board of Revenue (FBR) seeking...

Updated 26 Apr, 2023 08:42am

Business & Finance

EFS modules: exporters seekuser-friendly changes

LAHORE: Exporters have sought changes to the modules of Export Facilitation Scheme (EFS) to make them user-friendly...

Published 22 Apr, 2023 03:38am

Business & Finance

Mishandling of refund claims worries importers

LAHORE: Importers have expressed concerns over not attending their refund claims in correct factual and legal...

Published 21 Apr, 2023 05:56am

Business & Finance

PRA’s enforcement wing attracts allegations of dual taxation

LAHORE: The enforcement wing of Punjab Revenue Authority (PRA) is accused of raising tax demands on account of...

Published 20 Apr, 2023 06:30am

Business & Finance

Steel sector cases: FTO helps FBR recover Rs5.5b revenue

LAHORE: The Federal Tax Ombudsman (FTO) has assisted the Federal Board of Revenue (FBR) in recovery of Rs 5.5 ...

Published 18 Apr, 2023 06:21am

IK to lead peaceful protest movement after Eid

LAHORE: Chairman Pakistan Tehreek-e-Insaf (PTI) Imran Khan announced Friday to lead a peaceful protest movement...

Updated 15 Apr, 2023 08:53am

‘Mass movement’: Imran asks supporters to wait for his call

LAHORE: Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has urged his supporters to wait for his call for a...

Updated 06 Apr, 2023 08:45am

Amendments to sales tax: cement supplies being questioned

LAHORE: Repeated amendments to the Sales Tax law has opened a window of opportunity for tax authorities to mix them...

Updated 02 Apr, 2023 10:25am

Business & Finance

Taxation officers, foreign firms and agents: Avoidance of double taxation treaties bone of contention

LAHORE: Avoidance of double taxation treaties between Pakistan and foreign countries has a permanent bone of...

Published 29 Mar, 2023 06:27am

Business & Finance

Refund settlement: FTO assails unilateral orders against taxpayers

LAHORE: The Federal Tax Ombudsman (FTO) has maintained that passing any order related to refund settlement by tax...

Published 28 Mar, 2023 06:21am

Business & Finance

Tax officers accused of imposing penalties against agri income

LAHORE: The Income Tax department has been found imposing penalties and default surcharges for late payment of...

Published 26 Mar, 2023 03:19am

Business & Finance

Tax officers accused of violating law by determining profit margins arbitrarily

LAHORE: Tax authorities are involved in violating law by determining arbitrary profit margins in relation to a...

Published 24 Mar, 2023 05:55am

Pakistan

Elastic energy: warning issued

LAHORE: A radius of three to five thousands kilometres around Pakistan is fully packed with elastic energy set to...

Published 23 Mar, 2023 05:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 24	278.53
USD PKR Interbank Buying / Dec 24	278.33
USD to Japanese Yen / Dec 24	157.10
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
Nasdaq / Dec 23	19,764.89
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77
India Sensex / Dec 24	78,616.57
Tokyo Nikkei / Dec 24	39,036.85
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,130.86

Item	Value
Gold 10 Grams PKR / Dec 23	241,087.80
Petrol/Litre / Dec 24	252.10
Crude Oil USD/Barrel / Dec 24	69.54
Karachi Cotton PKR/37.32 KG / Dec 24	17,785
Gold Spot USD/Ounce / Dec 24	2,618.54
Diesel/Litre / Dec 24	255.38

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Dec 24 Security Investment Bank Limited(SIBL)	5.99 ▲ 1.00 (20.04%)
Next Capital / Dec 24 Next Capital Limited(NEXT)	8.90 ▲ 1.00 (12.66%)
Pak Agro Pack. (GEM) / Dec 24 Pak Agro Packaging Limited (GEM)(GEMPAPL)	9 ▲ 1.00 (12.50%)
Ghani Chem. Ind. / Dec 24 Ghani Chemical Industries Limited(GCIL)	16.13 ▲ 1.47 (10.03%)
Pak Gulf Leasing / Dec 24 Pak-Gulf Leasing Company Limited(PGLC)	14.37 ▲ 1.31 (10.03%)
Popular Islamic / Dec 24 Popular Islamic Modaraba(PIM)	15.58 ▲ 1.42 (10.03%)
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Blessed Tex. / Dec 24 Blessed Textiles Limited(BTL)	301.77 ▲ 27.43 (10.00%)
Crescent Cotton / Dec 24 Crescent Cotton Mills Limited(CCM)	55 ▲ 5.00 (10.00%)

Stock	Price
S.G.Power / Dec 24 S.G. Power Limited(SGPL)	10.58 ▼ -1.18 (-10.03%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Sanghar Sugar / Dec 24 Sanghar Sugar Mills Limited(SANSM)	26.16 ▼ -2.90 (-9.98%)
I.C.C. Ind. / Dec 24 ICC Industries Limited(ICCI)	9.85 ▼ -1.07 (-9.80%)
National Silk / Dec 24 The National Silk & Rayon Mills Limited(NSRM)	50.01 ▼ -5.43 (-9.79%)
Gulshan Sp. / Dec 24 Gulshan Spinning Mills Limited(GSPM)	4.10 ▼ -0.40 (-8.89%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	40.16 ▼ -3.81 (-8.66%)
Reliance Ins. / Dec 24 Reliance Insurance Company Limited(RICL)	11.55 ▼ -1.05 (-8.33%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	126,573,463 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	66,984,381 ▲ 0.49
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.27
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -1.53
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▼ -0.18
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	33,467,532 ▼ -0.50
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -1.31
TRG Pak Ltd / Dec 24 TRG Pakistan Limited(TRG)	29,441,264 ▲ 3.35
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.18

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