News stories for Huzaima Bukhari

Huzaima Bukhari

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

Opinion

There’s need to remove confusion—III

The pronouncement of the Supreme Court (carried in part-II of this article) clearly says that all the laws related ...

Published 02 Jan, 2021 03:04am

Opinion

There’s need to remove confusion — II

It is strange that Sindh and Punjab Assemblies, while enacting the Sindh Workers Welfare Fund Act, 2014 and Punjab...

Updated 01 Jan, 2021 03:41am

Opinion

There’s need to remove confusion — I

‘Pakistan People’s Party regime from 1971 to 1977 provided some sort of socialistic framework for the economy....

Updated 25 Dec, 2020 04:43am

Opinion

General’s ‘general law’ vs ‘special law’

The Income Tax Ordinance, 2001 was promulgated by General Pervez Musharraf, through a Presidential Ordinance on...

Updated 18 Dec, 2020 03:51am

Opinion

Taxing what is not 'income'-II

In the Shahid Pervaiz v Ejaz Ahmad and others 2017 SCMR 206, 14-member bench of Supreme Court held: "....where the...

Published 13 Dec, 2020 02:44am

Opinion

Taxing what is not 'income'- I

It is a cardinal principle that what is not "income" cannot be taxed under the income tax law (presently in ...

Updated 11 Dec, 2020 03:32am

Opinion

'Services' & immovable property income taxation: Constitutional violations

The taxation of "services" mentioned in section 153(1)(b) of the Income Tax Ordinance, 2001 ["the Ordinance"] with...

Published 04 Dec, 2020 03:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 7	280.17
USD PKR Interbank Buying / Mar 7	279.97
USD to Japanese Yen / Mar 7	148.06
USD to Swiss Franc / Mar 7	0.88
Pound Sterling to USD / Mar 7	1.29
Euro to USD / Mar 7	1.08
UK LIBOR % / Mar 6	4.96

Stock	Volume
S&P 500 / Mar 7	5,746.85
India Sensex / Mar 7	74,332.58
Tokyo Nikkei / Mar 7	36,887.17
Nasdaq / Mar 7	18,211.25
Hang Seng / Mar 7	24,231.30
FTSE 100 / Mar 7	8,679.88
Dow Jones / Mar 7	42,829.44
Germany DAX 30 / Mar 7	23,008.94
France CAC40 / Mar 7	8,120.80

Item	Value
Crude Oil USD/Barrel / Mar 7	67.03
Karachi Cotton PKR/37.32 KG / Mar 7	17,585
Gold 10 Grams PKR / Mar 7	263,203
Gold Spot USD/Ounce / Mar 7	2,916.80
Cotton US¢/pound / Mar 7	66.07
Petrol/Litre / Mar 8	255.63
Diesel/Litre / Mar 8	258.64

Gainers
Losers
Leaders

Stock	Price
Premier Insurance / Mar 7 Premier Insurance Limited(PINL)	5.49 ▲ 0.61 (12.5%)
Tariq Corp.Pref. / Mar 7 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.42 ▲ 0.92 (12.27%)
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	29.23 ▲ 2.66 (10.01%)
Ahmad Hassan / Mar 7 Ahmad Hassan Textile Mills Limited(AHTM)	59.40 ▲ 5.4 (10%)
Pak Datacom / Mar 7 Pak Datacom Limited(PAKD)	99.54 ▲ 9.05 (10%)
Apna Microfin. / Mar 7 Apna Microfinance Bank Limited(AMBL)	11.25 ▲ 1.02 (9.97%)
PIA Holding Co.B / Mar 7 PIA Holding Company Limited B(PIAHCLB)	827 ▲ 74.61 (9.92%)
Engro Poly(Pref / Mar 7 Engro Poly(Pref)(EPCLPS)	12.21 ▲ 1.1 (9.9%)
Masood Textile / Mar 7 Masood Textile Mills Limited(MSOT)	61 ▲ 5.45 (9.81%)
Pak Paper Prod / Mar 7 Pakistan Paper Products Limited(PPP)	183 ▲ 15.42 (9.2%)

Stock	Price
Int. Knit. / Mar 7 International Knitwear Limited(INKL)	17.89 ▼ -1.99 (-10.01%)
Ellcot Spinning / Mar 7 Ellcot Spinning Mills Limited(ELSM)	106.78 ▼ -11.86 (-10%)
Universal Ins. / Mar 7 The Universal Insurance Company Limited(UVIC)	9.01 ▼ -1 (-9.99%)
Unicap Modaraba / Mar 7 Unicap Modaraba(UCAPM)	3.05 ▼ -0.3 (-8.96%)
Power Cem(Pref) / Mar 7 Power Cement (Pref)(POWERPS)	13.15 ▼ -1.29 (-8.93%)
Pak. P.V.C. / Mar 7 Pakistan PVC Limited(PPVC)	8.28 ▼ -0.72 (-8%)
Agritech Limited / Mar 7 Agritech Limited(AGL)	54 ▼ -4.59 (-7.83%)
Invest Bank / Mar 7 Invest Capital Investment Bank Limited(ICIBL)	1.40 ▼ -0.1 (-6.67%)
Hafiz Ltd. / Mar 7 Hafiz Limited(HAFL)	265.06 ▼ -16.62 (-5.9%)
Reliance Cotton / Mar 7 Reliance Cotton Spinning Mills Limited(RCML)	480.36 ▼ -29.01 (-5.7%)

Stock	Volume
Fauji Cement / Mar 7 Fauji Cement Company Limited(FCCL)	57,186,347 ▲ 3.47
Pak Int.Bulk / Mar 7 Pakistan International Bulk Terminal(PIBTL)	48,305,211 ▼ -0.16
Sui South Gas / Mar 7 Sui Southern Gas Company Limited(SSGC)	23,565,729 ▲ 1.42
WorldCall Telecom / Mar 7 Worldcall Telecom Limited(WTL)	22,575,994 ▼ -0.01
Maple Leaf Cement / Mar 7 Maple Leaf Cement Factory Limited(MLCF)	22,361,248 ▲ 2.07
Oil & Gas Dev. / Mar 7 Oil & Gas Development Company Limited(OGDC)	18,047,822 ▲ 0.84
Pak Petroleum / Mar 7 Pakistan Petroleum Limited(PPL)	16,644,912 ▲ 2.4
At-Tahur Ltd. / Mar 7 At-Tahur Limited(PREMA)	14,546,590 ▲ 2.66
B.O.Punjab / Mar 7 The Bank of Punjab(BOP)	13,546,949 ▲ 0.1
P.S.O. / Mar 7 Pakistan State Oil Company Limited(PSO)	12,439,221 ▲ 24.96

Markets →

Most Popular