News stories for Dr Ikramul Haq

Dr Ikramul Haq

Opinion

Recouping tax losses judiciously — II

The issue before Supreme Court in Constitutional Petition 35 of 2016, Muhammad Hanif Abbasi v Imran Khan Niazi [PLD...

Published 13 Mar, 2021 04:28am

Opinion

Recouping tax losses judiciously — I

“Judicial overreach is when the judiciary starts interfering with the proper functioning of the legislative or...

Published 12 Mar, 2021 05:10am

Opinion

FBR, tax potential & enforcement – II

The real significance is quantum of the incremental tax received due to growth in the number of tax filers. FBR...

Published 07 Mar, 2021 04:07am

Opinion

FBR, tax potential & enforcement — I

The Federal Board of Revenue (FBR) has achieved the target of first eight months (July 2020 to February 2021) of the...

Published 05 Mar, 2021 05:17am

Opinion

There’s need for new tax model

The outdated and oppressive tax structures at federal and provincial levels, wasteful expenses, mounting debt...

Published 26 Feb, 2021 05:20am

Opinion

Tax incentives for NRPs — II

• FBR keeps drafts of proposed laws/amendments “secret”, never making them public and commits blunders when ...

Published 20 Feb, 2021 04:52am

Opinion

Tax incentives for NRPs — I

The coalition government of Pakistan Tehreek-i-Insaf (PTI) on February 11, 2021 opted to issue second Presidential...

Published 19 Feb, 2021 04:07am

Opinion

Challenges: role of NEC & NDC — II

What happened after the maiden meeting of NDC is not made public nor has the progress of projects discussed in the...

Published 13 Feb, 2021 04:11am

Opinion

Challenges: role of NEC & NDC — I

The biggest challenge faced by the State of Pakistan as defined in Article 7 of the Constitution of Islamic Republic...

Published 12 Feb, 2021 04:54am

Opinion

FBR performance under the spotlight

The present team of Federal Board of Revenue (FBR) deserves appreciation for showing noteworthy performance during...

Updated 05 Feb, 2021 11:48pm

Opinion

Constitution and tax codes — II

Justice Ch. Ijaz Ahmad in his separate note in the CIT v Eli Lily (Pvt) Ltd (2009) 100 Tax 81 (S.C. Pak) made the...

Published 30 Jan, 2021 03:55am

Opinion

Constitution and tax codes — I

Every year before the preparation of annual federal budget, the Federal Board of Revenue (FBR) seeks proposals from...

Published 29 Jan, 2021 04:55am

Opinion

Restructuring the tax system — III

While the FBR under the present economic team has performed excellently under the adverse conditions and despite...

Published 24 Jan, 2021 03:32am

Opinion

Restructuring the tax system — II

The PTI Government showed lack of political will to reduce exemptions, concessions, waivers and immunities to the...

Published 23 Jan, 2021 03:56am

Opinion

Restructuring the tax system — I

“If we realise that the FBR cannot be fixed, we will create a new FBR. This is because Pakistan’s survival is...

Published 22 Jan, 2021 04:47am

Opinion

Advance tax, refunds & compensation — III

The PTI Government without waiting for the next budget, through Presidential Order or Finance Supplementary Bill...

Published 17 Jan, 2021 04:13am

Opinion

Advance tax, refunds & compensation — II

In section 171(2)(c) of the Ordinance, it is provided that “in any other case, on the date the refund order is...

Published 16 Jan, 2021 02:56am

Opinion

Advance tax, refunds & compensation — I

A cursory look at the annual year books published by the Federal Board of Revenue (FBR) after the promulgation of...

Published 15 Jan, 2021 03:16am

Opinion

FATF: challenges & solutions—II

This all is happening when Pakistan is facing a daunting challenge to come out of FATF’s grey list since 2018. The...

Updated 09 Jan, 2021 03:22am

Opinion

FATF: challenges & solutions — I

“Since June 2018, when Pakistan made a high-level political commitment to work with the Financial Action Task ...

Updated 08 Jan, 2021 03:29am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.95 ▲ 0.84 (11.81%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.13
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.09
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.53
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.01
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.70
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.97
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.04
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.88
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.21

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