News stories for Dr Ikramul Haq

Dr Ikramul Haq

Opinion

Pakistan: ML/CFT challenges in trade

Trade is used as an ally for money laundering by misdeclarations of goods, under-invoicing and...

Published 15 Jul, 2021 04:03am

Opinion

Overriding ‘doctrine of mutuality’

Through the Finance Act, 2021 [“the Act”], the Parliament has made an amendment with retrospective application ...

Published 09 Jul, 2021 04:25am

Opinion

Historic collection by FBR

The Federal Board of Revenue (FBR) has surpassed the third-time revised target of fiscal year (FY) 2020-2021 and for...

Published 02 Jul, 2021 04:20am

Opinion

Taliban, Americans, terrorism & drug trade

Tomorrow, June 26, will mark the International Day against drug abuse and illicit trafficking. The theme for 2021 is “Share facts on drugs, save lives”.

Published 25 Jun, 2021 04:20am

Opinion

Salaried class and tax brutality

The proposed taxation of salary income on gross basis, for the first time in Subcontinent since the introduction of...

Published 18 Jun, 2021 04:16am

Opinion

Cautious optimism or justified pessimism?

The Finance Bill 2021 with federal budget will be unveiled today. Will it bring relief for the unemployed, ...

Published 11 Jun, 2021 03:41am

Opinion

Taxes, inflation & social welfare

The Federal Board of Revenue (FBR) has achieved a historic milestone of collecting taxes of Rs 4.17 trillion in the...

Published 04 Jun, 2021 05:06am

Opinion

Budget FY22 and taxation

The budget for fiscal year (FY) 2022, the fourth of the coalition government of Pakistan Tehreek-i-Insaf (PTI), is ...

Published 28 May, 2021 04:08am

Opinion

A better tax model

For the last two decades every year, we have been consistently suggesting in these columns some innovative budget...

Published 21 May, 2021 05:04am

Opinion

Budget FY22: Tarin faces Herculean task

The fourth Finance Minister Shaukat Fayaz Ahmed Tarin of the coalition government of Pakistan Tehreek-i-Insaf (PTI)....

Published 20 May, 2021 04:26am

Opinion

Restructuring of tax system: a blueprint

“A comprehensive strategy had been formulated to shift the gear and move to higher economic growth. I do not...

Published 07 May, 2021 04:35am

Opinion

Weeding out 'deadwood'

According to a news story, the coalition government of Pakistan Tehreek-i-Insaf (PTI) has recently convened a ...

Published 30 Apr, 2021 05:06am

Opinion

PTI, FBR & tax directories — II

Even otherwise, the above laws could not override the National Accountability Bureau Ordinance, 1999 (NAB...

Published 24 Apr, 2021 03:21am

Opinion

PTI, FBR & tax directories — I

Failure of the coalition of Pakistan Tehreek-i-Insaf (PTI) vis-à-vis economic governance, changing four finance...

Updated 23 Apr, 2021 11:15am

Opinion

The FATF challenge

The importance of risk-based approach in curtailing the movement of illicit flows of funds is paramount. The...

Published 16 Apr, 2021 03:40am

Opinion

Erstwhile FATA/PATA: Tax issues — II

The FBR has recently issued the following circulars in respect of streamlining the exemptions available in the...

Published 10 Apr, 2021 04:35am

Opinion

Erstwhile FATA/PATA: Tax issues — I

The merger of Federally Administered Tribal Areas (FATA) with Khyber Pakhtunkhwa and Provincially Administered ...

Published 09 Apr, 2021 04:51am

Opinion

Simplification of taxes for growth — III

In this concluding part, we are highlighting various proposals already given to the government of Pakistan...

Published 02 Apr, 2021 04:58am

Opinion

Simplification of taxes for growth — II

The government of Pakistan Tehreek-i-Insaf (PTI) has been reminded in these columns time and again that no agenda ...

Published 26 Mar, 2021 05:22am

Opinion

Simplification of taxes for growth — I

The biggest challenge on tax mobilisation front faced by Federal Board of Revenue (FBR) is bridging monstrous tax ...

Published 19 Mar, 2021 05:32am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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