News stories for Sohail Sarfraz & Zaheer Abbasi - Business Recorder

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اردو

Dec 19, 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 / Dec 19	278.36
USD PKR Interbank Buying / Dec 19	278.16
USD to Japanese Yen / Dec 19	155.92
USD to Swiss Franc / Dec 19	0.90
Pound Sterling to USD / Dec 19	1.26
Euro to USD / Dec 19	1.04

Stock	Volume
S&P 500 / Dec 18	5,872.16
Nasdaq / Dec 18	19,392.69
Dow Jones / Dec 18	43,326.87
India Sensex / Dec 19	79,339.96
Tokyo Nikkei / Dec 19	38,813.58
Hang Seng / Dec 19	19,801.52
FTSE 100 / Dec 19	8,101.87
Germany DAX 30 / Dec 19	20,040.57

Item	Value
Petrol/Litre / Dec 19	252.10
Crude Oil USD/Barrel / Dec 19	70.19
Karachi Cotton PKR/37.32 KG / Dec 19	17,585
Gold 10 Grams PKR / Dec 19	234,311
Gold Spot USD/Ounce / Dec 19	2,613.73
Diesel/Litre / Dec 19	255.38

Gainers
Losers
Leaders

Stock	Price
S.G.Power / Dec 19 S.G. Power Limited(SGPL)	10.17 ▲ 1.00 (10.91%)
Faran Sugar (R) / Dec 19 Faran Sugar Mills Limited (R)(FRSMR)	10.43 ▲ 1.00 (10.60%)
Din Tex. / Dec 19 Din Textile Mills Limited(DINT)	53.70 ▲ 4.88 (10.00%)
Liven Pharma / Dec 19 Liven Pharma Limited(LIVEN)	77.33 ▲ 7.03 (10.00%)
Macter Int. Ltd / Dec 19 Macter International Limited(MACTER)	364.54 ▲ 33.14 (10.00%)
Oilboy Energy / Dec 19 Oilboy Energy Limited(OBOY)	12.65 ▲ 1.15 (10.00%)
Pak Datacom / Dec 19 Pak Datacom Limited(PAKD)	114.33 ▲ 10.39 (10.00%)
Thatta Cement / Dec 19 Thatta Cement Company Limited(THCCL)	185.52 ▲ 16.87 (10.00%)
Wah-Noble / Dec 19 Wah Noble Chemicals Limited(WAHN)	249.98 ▲ 22.73 (10.00%)

Stock	Price
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	1.48 ▼ -0.23 (-13.45%)
Kohinoor Spining / Dec 19 Kohinoor Spinning Mills Limited(KOSM)	6.35 ▼ -0.92 (-12.65%)
Media Times Ltd / Dec 19 Media Times Limited(MDTL)	2 ▼ -0.25 (-11.11%)
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	5.83 ▼ -0.71 (-10.86%)
Dadabhoy Cement / Dec 19 Dadabhoy Cement Industries Limited(DBCI)	6.80 ▼ -0.82 (-10.76%)
Dewan Cement / Dec 19 Dewan Cement Limited(DCL)	8.60 ▼ -0.98 (-10.23%)
Pak Int.Bulk / Dec 19 Pakistan International Bulk Terminal(PIBTL)	8.01 ▼ -0.90 (-10.10%)
United Brands / Dec 19 United Brands Limited(UBDL)	23.27 ▼ -2.59 (-10.02%)
Yousuf Weaving / Dec 19 Yousaf Weaving Mills Limited(YOUW)	3.86 ▼ -0.43 (-10.02%)

Stock	Volume
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	177,617,915 ▼ -0.23
K-Electric Ltd. / Dec 19 K-Electric Limited(KEL)	81,845,922 ▼ -0.41
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	68,132,550 ▼ -0.71
B.O.Punjab / Dec 19 The Bank of Punjab(BOP)	60,162,802 ▼ -0.96
Pak Elektron / Dec 19 Pak Elektron Limited(PAEL)	57,891,574 ▼ -1.73
Pak Refinery / Dec 19 Pakistan Refinery Limited(PRL)	54,507,413 ▼ -1.38
Sui South Gas / Dec 19 Sui Southern Gas Company Limited(SSGC)	41,964,816 ▲ 1.76
Aisha Steel Mill / Dec 19 Aisha Steel Mills Limited(ASL)	36,868,206 ▼ -0.86
Symmetry Group / Dec 19 Symmetry Group Limited(SYM)	34,696,696 ▲ 1.11

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FBR will now share income tax returns data with banks

FBR will now share income tax returns data with banks

Bloodbath at PSX: KSE-100 plunges record 4,795 points amid correction

Bloodbath at PSX: KSE-100 plunges record 4,795 points amid correction

Tax laws bill tabled in NA: Govt steps up pressure on non-filers

Tax laws bill tabled in NA: Govt steps up pressure on non-filers

NJLI Sarmaya Growth Fund Rates

OGDCL begins oil & gas production from Hyderabad

OGDCL begins oil & gas production from Hyderabad

Pakistan terms US sanctions on entities as unfortunate, biased

Pakistan terms US sanctions on entities as unfortunate, biased

Taxmen likely to seal unregistered people’s co’s premises

Taxmen likely to seal unregistered people’s co’s premises

What is Tax Laws (Amendment) Bill, 2024 introduced in National Assembly?

What is Tax Laws (Amendment) Bill, 2024 introduced in National Assembly?

Energy sector: France concerned at ‘challenges’ faced by its firms

Energy sector: France concerned at ‘challenges’ faced by its firms