News stories for Syed Shabbar Zaidi

Syed Shabbar Zaidi

Opinion

The entity is bankrupt: surgery is required—II

The most authentic document on Pakistan’s (organized) economy is the Pakistan Economic Survey. The Survey for...

Updated 29 Dec, 2021 03:59pm

Opinion

The entity is bankrupt: surgery is required — I

I delivered a lecture before a graduation class in Hamdard University on December 15, 2021, which as per my...

Updated 22 Dec, 2021 04:14pm

Opinion

‘In trust’ and ‘trust in’: a comment on trust acts—II

Under sub-section (1) of Section 12A of the Sindh Trusts Act, 2020, a specialized trust is required to obtain a ...

Published 17 Dec, 2021 04:30am

Opinion

‘In trust’ and ‘trust in’: a comment on trust acts—I

Purpose of these notes These notes have been prepared for the following reasons: • The Trust Act 1882 which was...

Published 16 Dec, 2021 04:00am

Opinion

Pakistan’s economy: Are interest rates relevant?

The level, extent, nature and composition of ‘cash economy’ of the country constitute a subject which is not...

Published 09 Dec, 2021 04:29am

Opinion

Domestic debt trap: an accountant’s perspective

I’m no economist per se. As an accountant, however, I’m deeply concerned at the steep hike of 150 basis points...

Updated 25 Nov, 2021 11:02am

Opinion

Wake up before it’s too late — II

Turkey was not admitted to the European Union (EU) mainly because of the fact that the union is inherently a ...

Updated 30 Oct, 2021 02:55pm

Opinion

Wake up before it’s too late—I

This week, three events related to Pakistan in international spheres have been largely ignored by media. These are...

Published 28 Oct, 2021 04:06am

Opinion

Riyasat-e-Madina—II ‘Mecca may rightly be called a merchant republic’

That the Prophet Muhammad (PBUH) became rich after marriage and success of trade the income obtained was used on the...

Published 23 Oct, 2021 04:01am

Opinion

Riyasat-e-Madina—I ‘Mecca may rightly be called a merchant republic’

This is the month of Rabi-ul-Awwal when we specially remember our Prophet Muhammad (PBUH) with a renewed fervour and...

Published 21 Oct, 2021 04:38am

Opinion

Tax havens and double standards—II

Intellectual crime against Pakistan and other poor countries Developing countries lose on all counts due to the...

Published 14 Oct, 2021 04:14am

Opinion

Tax havens and double standards-I

Prime Minister Imran Khan has rightly observed that the matters relating to offshore tax havens are to be seen in ...

Published 13 Oct, 2021 04:47am

Opinion

USD-PKR parity-II

It is very unfortunate that Pakistan's foreign exchange market is not based on fundamentals that are there in other...

Published 08 Oct, 2021 04:30am

Opinion

USD-PKR parity—I

Noted rating agency recently predicted that USD/ Rupee parity will reach around Rs 180 to USD 1 by next year. Their...

Published 07 Oct, 2021 04:25am

Business & Finance

Comments on Tax Laws (Third Amendment) Ordinance, 2021

A review of the provisions introduced reveals that after a long time concrete and positive steps have been ...

Published 20 Sep, 2021 05:23am

Opinion

Karachi: economic powerhouse

Two news items last week prompted me to write on the economy of Karachi, the country’s largest city and its...

Published 16 Sep, 2021 04:02am

Opinion

Correcting perceptions about MSCI downgrade

Pakistan Stock Exchange (PSX) index was downgraded from Emerging Market to Frontier Market recently by MSCI (Morgan...

Published 14 Sep, 2021 03:55am

Opinion

Events in Afghanistan

The current Afghan situation is to be seen on a bigger canvas not limited to events after the Soviet invasion in...

Published 02 Sep, 2021 04:21am

Opinion

Biden's minimum corporate rate of 15%: a Pakistani's perspective

One of the major initiatives of the new administration at the Capitol Hill in Washington is Joe Biden's...

Published 04 Aug, 2021 04:14am

Opinion

Concealment of income, FATF compliance: Improvements in tax administration required

In this last article of a multi-part series of articles I will discuss the improvements required in tax...

Published 28 Jul, 2021 04:45am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Cotton US¢/pound / Nov 23	70.77
Petrol/Litre / Nov 24	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 24 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 24 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 24 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 24 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 24 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 24 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 24 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 24 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 24 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 24 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 24 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 24 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 24 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 24 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 24 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular