News stories for Hamid Waleed - Business Recorder

Hamid Waleed

Business & Finance

Illegal currency business thriving in the garb of real estate deals

LAHORE: Illegal foreign currency business is thriving under the garb of real estate deals, said sources from the...

Published 31 Jan, 2024 05:22am

Business & Finance

Steel re-rolling mills: Tax authorities ignoring special procedure for tax collection?

LAHORE: Tax authorities are accused of ignoring amendments to the sales tax law devising special procedure for steel...

Published 27 Jan, 2024 06:20am

Business & Finance

Industrial undertakings: Minimum tax payable despite exemption under Economic Reforms Act

LAHORE: Minimum tax is payable by the industrial undertakings despite enjoying exemption under the Economic Reforms...

Published 24 Jan, 2024 05:07am

Business & Finance

Transit goods: alleged overcharging sparks legal battle

LAHORE: Customs authorities are blamed for imposing duties and taxes on the goods in transit found in access of the...

Published 19 Jan, 2024 05:37am

Business & Finance

Replacing defective parts of vehicles under warranty is not a taxable supply

LAHORE: A car manufacturer has proved that replacing defective parts of vehicles under warranty was not a taxable...

Published 16 Jan, 2024 05:44am

Business & Finance

WHT return filing through agent not sufficient to prove tax payment: PRA

LAHORE: The Punjab Revenue Authority (PRA) has established its tax demand by proving that mere filing of tax return...

Published 14 Jan, 2024 03:13am

Business & Finance

‘Benefit of doubt’: Jewellery importer defeats confiscation of goods

LAHORE: An importer of artificial jewellery has defeated confiscation of the imported goods by the customs ...

Published 13 Jan, 2024 05:38am

Business & Finance

Sales tax department fails to establish ‘suppression of supplies’

LAHORE: The sales tax department has failed to establish suppression of supplies after its failure to issue fresh...

Published 11 Jan, 2024 06:15am

Business & Finance

Expert for transferring agri tax to federation

LAHORE: Renowned tax expert Dr Ikramul Haq has proposed transferring the taxation of agricultural income to the...

Published 10 Jan, 2024 05:22am

Business & Finance

FATA residents fail to avail WHT exemption deduction by NSC

LAHORE: Residents of the erstwhile Federally Administered Tribal Areas (FATA) have failed to avail exemption from...

Published 07 Jan, 2024 02:43am

Pakistan

FTO orders clearance of Rs13bn refunds

LAHORE: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has passed orders for clearance of Rs 13 billion refunds for...

Published 06 Jan, 2024 05:17am

Pakistan

Officer’s failure to understand matter properly causes Customs revenue loss

LAHORE: Misunderstanding on the part of appropriate officer leads to loss of revenue to the customs department, said...

Published 04 Jan, 2024 05:41am

Pakistan

JICA prefers Multan for installation of weather radar system

LAHORE: Japan International Cooperation Agency (JICA) has preferred Multan over Lahore because of India for the...

Published 30 Dec, 2023 06:28am

Business & Finance

DFI fails to avail deduction of income as bad debt

LAHORE: A Development Financial Institution (DFI) had failed to avail deduction of income as bad debt for not ...

Published 29 Dec, 2023 02:58am

Pakistan

Importer assails customs dept for not releasing goods

LAHORE: An importer of polymer polyvinyl chloride has proved prejudice behavior of Customs department for not...

Published 28 Dec, 2023 04:52am

Business & Finance

Afghan importer recovers entire sale proceeds

LAHORE: An Afghan importer has got the entire sale proceeds recovered against the goods neither liable to...

Published 26 Dec, 2023 04:30am

Pakistan

Student avails payment of annual fee by insurance company

LAHORE: A medical student has availed payment of the annual fee by the insurance company after the failure of her...

Published 23 Dec, 2023 06:16am

Business & Finance

‘Powers of commissioners being used by DCs neither gazetted nor displayed on FBR website’

LAHORE: The Deputy Commissioners in some field formations are using the powers of Commissioners Inland Revenue for...

Published 22 Dec, 2023 05:22am

Business & Finance

Availing exemption from RD: Importers of motor spirit fail to establish presence of consignments on the high seas

LAHORE: Importers of motor spirit have failed to establish presence of their consignments on the high seas to avail...

Published 20 Dec, 2023 06:00am

Pakistan

Punjab: artificial rain will not help overcome pollution woes

LAHORE: Artificial rain will not be suitable for the province of Punjab to control smog, said sources in the...

Published 19 Dec, 2023 05:20am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 1	277.92
USD PKR Interbank Buying / Jan 1	277.72
USD to Japanese Yen / Jan 1	150.01
USD to Swiss Franc / Jan 1	0.89
Pound Sterling to USD / Jan 1	1.27

Stock	Volume
India Sensex / Jan 1	80,853.10
Tokyo Nikkei / Jan 1	39,248.86
Hang Seng / Jan 1	19,694.44
FTSE 100 / Jan 1	8,345.09
Germany DAX 30 / Jan 1	20,011.64

Item	Value
Petrol/Litre / Jan 1	252.10
Crude Oil USD/Barrel / Jan 1	68.37
Karachi Cotton PKR/37.32 KG / Jan 1	17,685
Gold Spot USD/Ounce / Jan 1	2,645.88
Diesel/Litre / Jan 1	258.43

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	7.30 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	630 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	67.69 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	150 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	1,118.68 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	13.14 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	213,514,857 ▲ 0.00
Cnergyico PK / Dec 3 Cnergyico PK Limited(CNERGY)	196,907,321 ▲ 0.00
Fauji Foods Ltd / Dec 3 Fauji Foods Limited(FFL)	68,325,507 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	66,212,972 ▲ 0.00
Sui South Gas / Dec 3 Sui Southern Gas Company Limited(SSGC)	65,264,278 ▲ 0.00
B.O.Punjab / Dec 3 The Bank of Punjab(BOP)	61,288,845 ▲ 0.00
Hascol Petrol / Dec 3 Hascol Petroleum Limited(HASCOL)	49,268,731 ▲ 0.00
Pak Int.Bulk / Dec 3 Pakistan International Bulk Terminal(PIBTL)	46,902,495 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	31,910,059 ▲ 0.00

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