News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Pakistan

Encroachers on Charagah lands foiling bid to establish schools

LAHORE: The illegal encroachers on Charagah lands in rural areas are foiling initiatives of setting up of government...

Published 21 Mar, 2023 06:29am

Business & Finance

Taxpayers exploiting FTO forum to defeat hierarchy of tax laws

LAHORE: Taxpayers are exploiting the forum of Federal Tax Ombudsman (FTO) to defeat a complete mechanism and...

Published 18 Mar, 2023 06:14am

Business & Finance

Cyclostyle replies against POS integration notices adding to miseries of taxpayers, dept

LAHORE: Filing of cyclostyle replies against Point of Sale (POS) integration notices for Tier-1 Retailers (T-1Rs) ...

Published 17 Mar, 2023 06:15am

Pakistan

China likely to help set up seismic centre in Quetta

LAHORE: China is likely to provide financial assistance in setting up a seismic centre in Quetta, said reliable...

Published 16 Mar, 2023 06:01am

Pakistan

Abnormal increase in temperatures seen in Northern Areas

LAHORE: Northern Areas temperature is being recorded 5 degree up against the normal level during this part of the...

Published 14 Mar, 2023 03:18am

Revenue from corporate sector drops 30pc due to massive closures

LAHORE: Revenue generation from the corporate sector has dropped by 30 percent due to massive closures, particularly...

Updated 12 Mar, 2023 09:59am

Business & Finance

FTO takes strong exception to delay in clearance of refunds

LAHORE: The Federal Tax Ombudsman (FTO) has taken strong exception to delay in clearance or refunds on preconceived...

Published 11 Mar, 2023 03:16am

Business & Finance

‘Financial system can be made Shariah-compliant by regular issuance of Sukuk’

LAHORE: The financial system of the country can be made Shariah-compliant and interest-free by regular issuance of...

Published 10 Mar, 2023 03:46am

Business & Finance

Exchange fluctuations: Foreign firms’ subsidiaries not allowed to cut income

LAHORE: Tax authorities are not allowing subsidiaries of foreign companies to deduct the loss on income from ...

Published 09 Mar, 2023 06:23am

Pakistan

FBR officials accused of harassing taxpayers sans justification

LAHORE: Consolidated show-cause tax recovery notices by the field formations of Federal Board of Revenue (FBR) are...

Published 07 Mar, 2023 03:16am

Business & Finance

Tier-1 retailers unhappy with direct imposition of ‘highest’ penalty

LAHORE: The Tier-1 Retailers (T-1Rs) are offended with direct imposition of the highest degree of penalty by the...

Published 05 Mar, 2023 03:36am

Business & Finance

SBP expedites proceedings against exporters for realisation of e-forms

LAHORE: The State Bank of Pakistan (SBP) has expedited proceedings against exporters for realization of E-forms by...

Published 04 Mar, 2023 06:50am

Business & Finance

Taxpayers excluded from ATL ‘despite interim relief against deemed income’

LAHORE: Federal Board of Revenue (FBR) has excluded names of taxpayers from the Active Taxpayer List (ATL) despite...

Published 03 Mar, 2023 07:21am

Business & Finance

‘Arbitrary’ notices irk beverage firms

LAHORE: Issuance of arbitrary tax notices to the beverage sector firms without referring disputed matters to the...

Published 02 Mar, 2023 06:23am

Business & Finance

FBR’s audit wings accused of violating law on attaching taxpayers’ bank accounts

LAHORE: The audit wings of the Federal Board of Revenue (FBR) are violating law related to attachment of bank...

Published 01 Mar, 2023 06:21am

Business & Finance

Corporate firms accused of deducting contributions for unapproved gratuity funds

LAHORE: Corporate firms are found deducting contributions made to unapproved gratuity funds while computing the...

Published 26 Feb, 2023 03:27am

Business & Finance

Delay in LCs’ retirement may lead to controversies involving forged documents

LAHORE: Undue delay in the retirement of Letters of Credit (LCs) documents by banks may lead to further ...

Updated 23 Feb, 2023 07:19am

Business & Finance

Excessive deductions: FTO asks FBR to stop taxing hired lecturers

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has directed the Federal Board of Revenue (FBR) to stop...

Published 22 Feb, 2023 03:30am

Pakistan

Discos, Wapda employees not eligible for assistance package

LAHORE: Employees of power distribution companies (Discos) and Water and Power Development Authority (Wapda) are not...

Published 19 Feb, 2023 03:19am

Business & Finance

How Pakistan will finance proposed coal fleet?

LAHORE: The energy sector experts have wondered how Pakistan will finance the proposed coal fleet because the...

Published 17 Feb, 2023 06:00am

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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