News stories for Hamid Waleed - Business Recorder

Hamid Waleed

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

Business & Finance

OIR fails to prove wrong adjustment of tax refund

LAHORE: An Officer of Inland Revenue (OIR) could not prove that a private limited company engaged in production ...

Published 15 May, 2024 05:47am

Economist urges broader reforms in tax administration

LAHORE: Former Finance Minister Dr Hafiz A Pasha has expressed the hope that Pakistan might achieve 13 percent tax...

Updated 13 May, 2024 09:04am

Business & Finance

Tribunal sets aside orders of OIR for not following directions of Commissioner-IR Appeals

LAHORE: An Income Tax Tribunal has set-aside the orders of an Officer Inland Revenue (OIR) for not following the...

Published 12 May, 2024 03:09am

Business & Finance

Borrower fails to shift dispute with branch manager to recovery proceedings of bank

LAHORE: A borrower has failed to shift his personal dispute with branch manager to the recovery proceedings of a ...

Published 11 May, 2024 06:22am

Pakistan

Seven degree drop in mercury likely from today

LAHORE: Some seven degree drop in mercury is expected from Friday night with the entry of fresh westerly system in...

Published 10 May, 2024 04:17am

Business & Finance

Legal heirs of bank defaulter fail to hide behind ˜expired CNIC to deny finance

LAHORE: Legal heirs of a Zarai Taraqiati Bank Limited (ZTBL) defaulter failed to hide behind the plea of an expired...

Published 07 May, 2024 06:53am

Markets

Coal power producer fails to stop regulator from en-cashing bank guarantee

LAHORE: A coal power producer has failed to stop the regulator from encashing performance bank guarantee, said...

Published 05 May, 2024 02:54am

Business & Finance

Only Sindh, Balochistan specify rules for OMP

LAHORE: Apart from Sindh and Balochistan, no other provinces have issued any specific rules with respect to online...

Published 04 May, 2024 05:48am

Markets

Energy sector experts say ‘solar tax is not a hoax’

LAHORE: The energy sector experts have feared that the solar tax was not a hoax. Rather, it was a litmus check to...

Published 02 May, 2024 04:58am

Pakistan

Widow challenges advance tax against cellular phone services

LAHORE: A widow has challenged advance tax against cellular phone services, being not liable to pay income tax or...

Published 01 May, 2024 04:14am

Business & Finance

Tax dept accused of conducting audit proceedings under ‘repealed’ law

LAHORE: A taxpayer has accused the tax department for carrying out audit proceedings under repealed provision of the...

Published 28 Apr, 2024 02:56am

Business & Finance

Fair market value of subsidiary firms shares: No increase in tax in presence of income from business

LAHORE: The tax department could not increase tax in the notional fair market value of the subsidiary company/s...

Published 26 Apr, 2024 04:15am

Business & Finance

Fan manufacturer fails to stop FBR from monitoring production

LAHORE: A fan manufacturer has failed to stop the Federal Board of Revenue (FBR) from posting officers at his...

Published 25 Apr, 2024 03:05am

Business & Finance

Random selection of figures: Commissioner Appeals disapproves assessment order

LAHORE: A commissioner Inland Revenue (Appeals) has disapproved the assessment order after finding that the tax...

Published 24 Apr, 2024 03:50am

Business & Finance

Tax department fails to recover tax from bank accounts of taxpayer

LAHORE: The Tax department has failed to recover the tax assessed from bank accounts of taxpayer without issuance of...

Published 23 Apr, 2024 03:41am

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%)
Loads Limited / Jan 24 Loads Limited(LOADS)	18.92 ▲ 1.72 (10.00%)
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	44.11 ▲ 4.01 (10.00%)
Leather Up Ltd. / Jan 24 Leather Up Limited(LEUL)	33.36 ▲ 3.03 (9.99%)
Agritech Limited / Jan 24 Agritech Limited(AGL)	52.45 ▲ 4.76 (9.98%)
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%)
Din Tex. / Jan 24 Din Textile Mills Limited(DINT)	51.78 ▲ 4.68 (9.94%)

Stock	Price
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%)
Gulistan Sp. / Jan 24 Gulistan Spinning Mills Limited(GUSM)	9.99 ▼ -0.94 (-8.60%)
Bilal Fibres / Jan 24 Bilal Fibres Limited(BILF)	14.51 ▼ -1.01 (-6.51%)
Dawood Lawrencepur / Jan 24 Dawood Lawrencepur Limited(DLL)	302 ▼ -19.70 (-6.12%)
Sana Ind / Jan 24 Sana Industries Limited(SNAI)	27.02 ▼ -1.58 (-5.52%)
Elahi Cot. / Jan 24 Elahi Cotton Mills Limited(ELCM)	105 ▼ -6.00 (-5.41%)
Punjab Mod / Jan 24 First Punjab Modaraba(FPJM)	2.91 ▼ -0.16 (-5.21%)

Stock	Volume
Cnergyico PK / Jan 24 Cnergyico PK Limited(CNERGY)	143,693,542 ▼ -0.30
WorldCall Telecom / Jan 24 Worldcall Telecom Limited(WTL)	78,194,783 ▲ 0.01
Sui South Gas / Jan 24 Sui Southern Gas Company Limited(SSGC)	52,057,249 ▲ 4.01
Fauji Cement / Jan 24 Fauji Cement Company Limited(FCCL)	47,170,217 ▼ -0.52
Lotte Chemical / Jan 24 Lotte Chemical Pakistan Limited(LOTCHEM)	35,630,848 ▼ -0.41
Citi Pharma Ltd / Jan 24 Citi Pharma Ltd.(CPHL)	32,528,835 ▼ -2.31
Maple Leaf Cement / Jan 24 Maple Leaf Cement Factory Limited(MLCF)	26,433,374 ▼ -0.85
The Searle Co. / Jan 24 The Searle Company Limited(SEARL)	23,501,395 ▲ 4.51
Fauji Foods Ltd / Jan 24 Fauji Foods Limited(FFL)	22,111,604 ▼ -0.11

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