News stories for Syed Shabbar Zaidi

Syed Shabbar Zaidi

Opinion

Rental income from immovable properties situated outside Pakistan

The undesired event: The Federal Board of Revenue (FBR) through a letter dated October 31, 2022 has clarified that...

Published 14 Jan, 2025 03:12am

Opinion

The challenge of IPPs—V

Solutions
Revised accounting for government-owned IPP

Updated 09 Aug, 2024 07:23am

Opinion

The challenge of IPPs—IV

The second part of this story is the perceived cooperation from our Chinese brothers and friends. As per ...

Published 08 Aug, 2024 06:40am

Opinion

The challenge of IPPs—III

Nepra report further states: “2.3.7 Energy Charges vs. Capacity Charges: The consumer-end tariff comprises Energy...

Updated 07 Aug, 2024 06:39am

Opinion

The challenge of IPPs–II

Excess/unutilized generation capacity

Published 06 Aug, 2024 06:40am

Opinion

The challenge of IPPs-I

Pakistan’s real economy is failing primarily on account of its energy sector. This author has been raising the alarm...

Published 04 Aug, 2024 02:47am

Opinion

Properties of Pakistanis in Dubai

In 2019 when I was the Chairman of Federal Board of Revenue (FBR) I asked my Director General International Taxation...

Published 22 May, 2024 05:54am

Opinion

Deemed income tax on ownership of vacant plot of land incorrect—V

All the arguments and contentions made by the Sindh High Court in the aforesaid order which have been emphasised are...

Published 17 Apr, 2024 05:28am

Opinion

Deemed income tax on ownership of vacant plot of land incorrect—IV

For the sake of clarity we reproduce the gist of the Order passed by the Sindh High Court as under. This fundamental...

Published 16 Apr, 2024 03:38am

Opinion

Deemed income tax on ownership of vacant plot of land incorrect—III

Even if the Elahi Cotton Mills Limited is considered to be final on this subject there is a fundamental difference...

Published 15 Apr, 2024 03:56am

Opinion

Deemed income tax on ownership of vacant plot of land incorrect—II

Notwithstanding the fact that this author is not in agreement with the judgement and considers this order identical...

Published 14 Apr, 2024 03:33am

Opinion

Deemed income tax on ownership of vacant plot incorrect–I

The Finance Act, 2022 introduced a novel tax under Section (7E) of the Income Tax Ordinance, 2001. This is deemed...

Updated 13 Apr, 2024 04:11am

Opinion

Criticality of regional economic cooperation-III

Iran-Pakistan-India (IPI) gas pipeline is still a live project. As per author’s information, the work on...

Published 06 Apr, 2024 05:28am

Opinion

Criticality of regional economic cooperation-II

However, it is now necessary to revisit the case and every sensible person will agree that two neighbours cannot...

Published 03 Apr, 2024 05:29am

Opinion

Criticality of regional economic cooperation-I

The size of Pakistan’s GDP was around USD 180 billion in 2010, which was around USD 400 billion in 2023. This is...

Published 30 Mar, 2024 06:22am

Opinion

Subject of taxation on farm income

This article discusses the issue of availability of food for the poor at affordable prices, economics of agriculture...

Updated 22 Nov, 2023 06:13am

Opinion

Why our exports still struggle to get meaningful boost?—II

Dynamics of documented and organised sector, The organised sector is mostly represented by listed and unlisted...

Published 15 Nov, 2023 06:09am

Opinion

Why our exports still struggle to get meaningful boost?—I

Many of us wonder why the Pakistani rupee is trading at 284 against one USD. A number of reasons are presented for...

Published 09 Nov, 2023 05:38am

Opinion

USD to PKR forecast for 2024 — III

In the earlier article on this subject, this writer discussed the projections for PkR exchange rate for 2024. In the...

Updated 03 Nov, 2023 07:17am

Opinion

USD to PKR forecast for 2024 — II

However, in this circle, there is one loose end, which is the availability of $ in Dubai with the importer as the...

Updated 01 Nov, 2023 06:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 21	278.88
USD PKR Interbank Buying / Jan 21	278.78
USD to Japanese Yen / Jan 21	155.54
USD to Swiss Franc / Jan 21	0.91
Pound Sterling to USD / Jan 21	1.23
Euro to USD / Jan 21	1.04

Stock	Volume
S&P 500 / Jan 17	5,996.66
Nasdaq / Jan 17	19,630.20
Dow Jones / Jan 17	43,487.83
FTSE 100 / Jan 20	8,520.54
Germany DAX 30 / Jan 20	20,990.31
France CAC40 / Jan 20	7,733.50
India Sensex / Jan 21	76,270.33
Tokyo Nikkei / Jan 21	39,027.98

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 20	18,785
Gold 10 Grams PKR / Jan 20	242,541
Petrol/Litre / Jan 21	256.13
Crude Oil USD/Barrel / Jan 21	77.24
Gold Spot USD/Ounce / Jan 21	2,724.49
Diesel/Litre / Jan 21	260.95

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 21 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	9.60 ▲ 1.00 (11.63%)
Globe Residency / Jan 21 Globe Residency REIT(GRR)	17.36 ▲ 1.58 (10.01%)
Leather Up Ltd. / Jan 21 Leather Up Limited(LEUL)	25.06 ▲ 2.28 (10.01%)
Olympia Mills / Jan 21 Olympia Mills Limited(OML)	35.65 ▲ 3.24 (10.00%)
Pak Engineering / Jan 21 Pakistan Engineering Company Limited(PECO)	671.22 ▲ 61.02 (10.00%)
D.M. Textile / Jan 21 D.M. Textile Mills Limited(DMTX)	77.59 ▲ 7.05 (9.99%)
Shadman Cotton / Jan 21 Shadman Cotton Mills Limited(SHCM)	31.82 ▲ 2.89 (9.99%)
F.Credit & Inv / Jan 21 First Credit and Investment Bank Limited(FCIBL)	8.20 ▲ 0.74 (9.92%)
Popular Islamic / Jan 21 Popular Islamic Modaraba(PIM)	12.67 ▲ 1.14 (9.89%)

Stock	Price
Sanghar Sugar / Jan 21 Sanghar Sugar Mills Limited(SANSM)	22.51 ▼ -2.48 (-9.92%)
Fateh Sports / Jan 21 Fateh Sports Wear Limited(FSWL)	72.50 ▼ -6.07 (-7.73%)
Kohat Textile / Jan 21 Kohat Textile Mills Limited(KOHTM)	32.32 ▼ -2.58 (-7.39%)
Punjab Oil / Jan 21 Punjab Oil Mills Limited(POML)	147 ▼ -11.02 (-6.97%)
S.G.Power / Jan 21 S.G. Power Limited(SGPL)	9.15 ▼ -0.66 (-6.73%)
Parmount Sp. / Jan 21 Paramount Spinning Mills Limited(PASM)	4.30 ▼ -0.31 (-6.72%)
Suhail Jute / Jan 21 Suhail Jute Mills Limited(SUHJ)	106 ▼ -7.47 (-6.58%)
GOC (Pak) / Jan 21 GOC (Pak) Limited.(GOC)	64.99 ▼ -4.10 (-5.93%)
Prosperity Weav / Jan 21 Prosperity Weaving Mills Limited(PRWM)	35 ▼ -2.00 (-5.41%)

Stock	Volume
Lotte Chemical / Jan 21 Lotte Chemical Pakistan Limited(LOTCHEM)	59,473,543 ▼ -0.07
Bank Makramah / Jan 21 Bank Makramah Limited(BML)	57,800,421 ▲ 0.32
WorldCall Telecom / Jan 21 Worldcall Telecom Limited(WTL)	56,891,848 ▼ -0.02
Fauji Cement / Jan 21 Fauji Cement Company Limited(FCCL)	36,214,082 ▲ 1.69
Cnergyico PK / Jan 21 Cnergyico PK Limited(CNERGY)	27,351,952 ▲ 0.33
Hascol Petrol / Jan 21 Hascol Petroleum Limited(HASCOL)	24,273,766 ▼ -0.15
Dewan Motors / Jan 21 Dewan Farooque Motors Limited(DFML)	22,896,108 ▼ -1.34
Hub Power Co. / Jan 21 The Hub Power Company Limited(HUBC)	21,405,956 ▼ -2.79
Citi Pharma Ltd / Jan 21 Citi Pharma Ltd.(CPHL)	19,827,701 ▲ 2.84

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