News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Business & Finance

Defined benefit plans: Income tax dept disallows actuarial loss to cellular company

LAHORE: The income tax department has disallowed actuarial loss to a cellular company on its defined benefit plans,...

Published 27 Jun, 2024 06:52am

Business & Finance

Private sector credit shows decelerating trend during 2024

LAHORE: The Private Sector Credit (PSC) continued witnessing a decelerating trend during 2024, demonstrating an...

Published 25 Jun, 2024 06:42am

Pakistan

Normal to above-normal rainfall in most parts of country likely

LAHORE: The Pakistan Meteorological Department (PMD) has predicted normal to above normal rainfall in most parts of...

Published 23 Jun, 2024 02:50am

Pakistan

Green Pakistan: Phase-I Up-scaling Programme achieves plantation target of 2.12bn

LAHORE: Phase-I of the Green Pakistan Up-scaling Program has achieved a plantation target of 2.12 billion to enhance...

Published 22 Jun, 2024 06:47am

Business & Finance

Importer defeats Customs in tax recovery after release of goods

LAHORE: An importer of raw material, used in shoes for the manufacturing of sole, has defeated Customs in recovery ...

Published 21 Jun, 2024 06:37am

Business & Finance

PSF manufacturers point out anomaly in Finance Bill 2024

LAHORE: Polyester Staple Fiber (PSF) manufacturers have drawn attention of the anomaly committee of the federal...

Published 20 Jun, 2024 06:01am

Engine capacity to invoice base value: Punjab govt shifts token tax regime

LAHORE: In line with the federal government, the Punjab government has also shifted token tax regime from engine...

Updated 14 Jun, 2024 09:21am

KP Sales Tax on Services Act: Attachment of accounts sans show-cause proposed

LAHORE: The Khyber Pakhtunkhwa (KP) Sales Tax on Services Act, 2022, has proposed attachment of bank accounts upon...

Updated 09 Jun, 2024 09:43am

Pakistan

Flash drought likely due to low rainfall, soaring temperatures

LAHORE: Flash drought is likely to emerge due to below normal rainfall and soaring temperature of May with ...

Published 08 Jun, 2024 07:00am

Business & Finance

Assessment of same vehicle on different values: FTO seeks explanation

LAHORE: The Federal Tax Ombudsman (FTO) has sought explanation from the Customs department regarding assessment of a...

Published 07 Jun, 2024 06:24am

Business & Finance

Immovable property between spouses: Commissioner IR fails to charge capital gains tax

LAHORE: The Commissioner Inland Revenue, RTO-lI Lahore, has failed to establish chargeability of capital gain on...

Published 04 Jun, 2024 06:28am

GEPCO tender: local suppliers ‘knock out’ int’l bidder

LAHORE: Local suppliers, in connivance with unscrupulous elements of Gujranwala Electric Power Company (GEPCO), have...

Updated 02 Jun, 2024 09:25am

Business & Finance

‘Defenders’ take ‘deemed income’ as tax on income, not on property

LAHORE: The “defenders” of the concept of ‘deemed income’ take it as a tax on income and not on property,...

Published 31 May, 2024 06:58am

Markets

No sectoral professionals on upcoming boards of Discos

LAHORE: No sectoral professionals are being made part of the upcoming boards of power distribution companies ...

Published 30 May, 2024 06:19am

Markets

No action yet against Disco officials who caused Rs589bn loss

LAHORE: No disciplinary action has yet been taken against the Disco officials, including the CEOs and the Chief...

Published 29 May, 2024 06:05am

Markets

Power theft: Sindh, Balochistan, KP govts do not lend a helping hand to Discos?

LAHORE: A 10 percent electricity bills/recovery loss in the province of Punjab may be equal to the total demand of...

Published 28 May, 2024 05:30am

Markets

RE generated 30pc of world’s electricity in 2023: WEF

LAHORE: Renewable energy has generated 30 percent of the world’s electricity in 2023, said a report of World...

Published 26 May, 2024 02:56am

Business & Finance

Tax officer rejects refund claims against commission paid outside Fata

LAHORE: A taxation officer has rejected refund claims against the commission paid to taxpayers for the sale of...

Published 25 May, 2024 06:33am

Pakistan

Water levels in Mangla, Tarbela dams better as compared to last year

LAHORE: Availability of water in both Mangla and Tarbela dams is far better than the last year, requiring immediate...

Published 22 May, 2024 05:54am

TDS granted by govt to Discos liable to tax?

LAHORE: The Tariff Differential Subsidy (TDS) granted by the federal government to the power distribution companies...

Updated 19 May, 2024 09:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular