News stories for Sohail Sarfraz & Zaheer Abbasi - Business Recorder

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Nov 18, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Sohail Sarfraz & Zaheer Abbasi

‘Issue of declaring production/transmission of electricity as ‘goods’ must be referred to CCI’

Business & Finance

‘Issue of declaring production/transmission of electricity as ‘goods’ must be referred to CCI’

ISLAMABAD: The Senate Standing Committee on Finance has recommended that the issue of declaring...

Published 15 Jun, 2022 08:22am

Businesspeople to be insulated from NAB activism

Print

Businesspeople to be insulated from NAB activism

Prime Minister Imran Khan has assured the business community that the government has prepared a strategy to resolve businessmen's concerns with respect to National Accountability Bureau (NAB) and a review committee would be constituted having members from

Published 04 Oct, 2019 12:00am

Businesspeople to be insulated from NAB activism

Print

Businesspeople to be insulated from NAB activism

Prime Minister Imran Khan has assured the business community that the government has prepared a strategy to resolve businessmen's concerns with respect to National Accountability Bureau (NAB) and a review committee would be constituted having members from

Published 04 Oct, 2019 12:00am

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

Print

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

The government has decided to impose a standard rate of 17 percent sales tax on the five export-oriented sectors - textile leather, carpets, surgical and sports goods to mobilize Rs 75-80 billion additional revenue in the budget for next fiscal year.

Published 28 May, 2019 12:00am

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

Print

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

The government has decided to impose a standard rate of 17 percent sales tax on the five export-oriented sectors - textile leather, carpets, surgical and sports goods to mobilize Rs 75-80 billion additional revenue in the budget for next fiscal year.

Published 28 May, 2019 12:00am

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

Print

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

The government has decided to impose a standard rate of 17 percent sales tax on the five export-oriented sectors - textile leather, carpets, surgical and sports goods to mobilize Rs 75-80 billion additional revenue in the budget for next fiscal year.

Published 28 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

Need stressed for regular meetings of TPB

Print

Need stressed for regular meetings of TPB

Tax Policy Board (TPB), a long standing demand of the business community, was set up in February this year in the Finance Division, has met only once, informed sources told Business Recorder. The separation of tax policy from tax administration, a

Published 08 May, 2019 12:00am

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

Print

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

With the objective of documentation of economy, the government will bring a modified Assets Declaration Scheme 2019 after two to three days with the possibility of reduced rates on declaration of undisclosed assets, particularly foreign assets. Adviser to

Published 24 Apr, 2019 12:00am

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

Print

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

With the objective of documentation of economy, the government will bring a modified Assets Declaration Scheme 2019 after two to three days with the possibility of reduced rates on declaration of undisclosed assets, particularly foreign assets. Adviser to

Published 24 Apr, 2019 12:00am

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

Print

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

With the objective of documentation of economy, the government will bring a modified Assets Declaration Scheme 2019 after two to three days with the possibility of reduced rates on declaration of undisclosed assets, particularly foreign assets. Adviser to

Published 24 Apr, 2019 12:00am

High net worth individuals: only Rs 2.6 billion collected by using third party data, information

Print

High net worth individuals: only Rs 2.6 billion collected by using third party data, information

The Federal Board of Revenue (FBR) has so far collected a small amount of Rs 2.6 billion from high net worth individuals by using third party data and information received through use of technology. Finance Minister Asad Umar had projected revenue collect

Published 04 Mar, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 18	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 18 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 18 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 18 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 18 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 18 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 18 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 18 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 18 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 18 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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IPP owner Shahid Abdullah barred from traveling abroad amid money laundering inquiry

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Bangladesh’s textile triumph

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Input tax claim and credit: SC defines applicability of Section 8 of Sales Tax Act

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Aurangzeb rules out ‘mini-budget’

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Undisclosed foreign bank accounts, recovery of looted money: SC seeks reports from FBR and FIA

Undisclosed foreign bank accounts, recovery of looted money: SC seeks reports from FBR and FIA

Roll back state control in economy, IMF tells govt

Roll back state control in economy, IMF tells govt

Wheat procurement: Body formed to prepare plan as per IMF terms

Wheat procurement: Body formed to prepare plan as per IMF terms