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SRO

SRO 350(I)/2024: FTO raises tax return concerns

ISLAMABAD: The Federal Tax Ombudsman (FTO) has expressed serious concern that Federal Board of Revenue’s SRO...

Published 23 Oct, 2024 06:22am

Business & Finance

Tractor maker proves ‘application’ of SRO as mala fide of FBR

LAHORE: A tractor manufacturer has proved that the entire exercise of issuance of SRO No. 563 (I)/2022 dated...

Published 21 Sep, 2024 06:43am

LHC suspends operation of SRO 350 (I)/2024

ISLAMABAD: Lahore High Court (LHC) has suspended operation of SRO 350(I)/2024 and directed the Federal Board of...

Updated 22 Jul, 2024 08:29am

Business & Finance

KCCI chief urges FBR to defer implementation of SRO 350

KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Iftikhar Ahmed Sheikh has asked the Federal...

Published 23 Apr, 2024 03:41am

Business & Finance

LCCI seeks amendment in SRO 1842(1) 2023

LAHORE: In a bid to address the concerns raised by members of the Lahore Chamber of Commerce & Industry,...

Published 08 Jan, 2024 05:23am

Operation of SRO about additional tax on banks’ windfall income suspended

ISLAMABAD: The Islamabad High Court (IHC), on Wednesday, suspended the SRO 1588 (1)/ 2023 of the Federal Board of...

Updated 30 Nov, 2023 08:46am

Business & Finance

Windfall income of banks: SRO will be issued to impose 40pc additional tax

ISLAMABAD: The Federal Board of Revenue (FBR) will issue a Statutory Regulatory Order (SRO) to impose 40 percent...

Published 16 Nov, 2023 05:39am

Listed cos’ shares transactions as recorded in NCCPL system: Procedure of capital gain on disposal of securities to stay applicable: FBR

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Updated 01 Jun, 2023 09:05am

Business & Finance

Trade-related data gathered through PSW declared confidential

ISLAMABAD: The Federal Board of Revenue (FBR) has declared that any trade-related information, transmission,...

Updated 04 Apr, 2023 09:03am

Technology

SECP issues SRO on digital lending Apps

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has empowered the commissioner, Specialized...

Published 29 Mar, 2023 06:27am

FBR’s SRO notifies Tajikistan-Pakistan Transit Trade Rules, 2023

ISLAMABAD: The Federal Board of Revenue (FBR) on Monday issued procedure for processing of transit trade cargo...

Updated 07 Mar, 2023 08:46am

Pakistan

Refund adjustment provision in new tax return form: IHC directs FBR to submit report

ISLAMABAD: The Islamabad High Court (IHC) on Monday directed the Federal Board of Revenue (FBR) to submit a report ...

Published 27 Sep, 2022 04:06am

Duty, taxes free import of vehicles: FBR denies issuance of any SRO

ISLAMABAD: The Federal Board of Revenue (FBR) Saturday categorically denied issuance of any SRO that allows import ...

Updated 25 Sep, 2022 11:58am

Pakistan

SECP issues Self-Regulatory Organisations (Registration) Regulations, 2022

ISLAMABAD: To promote the culture of self-regulatory organisations (SROs), the Securities and Exchange Commission of...

Published 22 Jul, 2022 06:07am

Business & Finance

Negotiations on SRO 598 fruitful: FPCCI

KARACHI: Irfan Iqbal Sheikh, President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has...

Published 04 Jul, 2022 08:08am

Bureaucracy ISI notified as SVA for screening

ISLAMABAD: Prime Minister Shehbaz Sharif has notified the Inter-Services Intelligence (ISI) for the screening of the...

Updated 04 Jun, 2022 10:00am

Business & Finance

Banning import of luxury items: MoC seeks proposals from stakeholders

ISLAMABAD: Commerce Ministry has sought proposals from business community and general public with respect to recent...

Published 22 May, 2022 06:03am

Business & Finance

FBR urged to defer effective date of SRO 567(1)/2022 until July 1

KARACHI: Karachi Customs Agents Association (KCAA) has requested the Federal Board of Revenue (FBR) to defer the...

Published 17 May, 2022 05:39am

Business & Finance

PKI opposes 17pc sales tax on tractors

LAHORE: The Pakistan Kissan Ittehad (PKI) has strongly opposed the Federal Board of Revenue’s (FBR) SRO-563 issued...

Published 16 May, 2022 06:59am

Business & Finance

GST concession on tractors: Farmers not happy with new SRO

ISLAMABAD: The country’s farming community has strongly reacted to the government decision for not extending GST...

Published 16 May, 2022 06:36am

Sales Tax on wheat bran: FBR's field formations create panic among flour millers?

ISLAMABAD: The field formations of Federal Board of Revenue (FBR) are said to have created panic amongst hundreds of...

Updated 18 Oct, 2021 11:34am

Pakistan

SECP amends Voluntary Pension System Rules

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has restrained the Pension Fund Manager, on...

Published 12 Sep, 2021 03:55am

'Poor' monitoring of GLT units: FTO report says FBR suffers Rs40bn loss

Islamabad: The Federal Board of Revenue (FBR) suffered massive revenue loss of around Rs40 billion due to poor...

Updated 07 Sep, 2021 10:52am

Business & Finance

Persons registered in AJK, GB: FBR to allow input tax credit against e-data of supplies

ISLAMABAD: The Federal Board of Revenue (FBR) will allow input tax credit against electronic data of supplies by the...

Published 25 Aug, 2021 04:43am

Pakistan

Consultations begin to amend SRO 760(1)/2013

LAHORE: The federal government has started holding consultative sessions seeking guidelines from businessmen...

Updated 12 Jul, 2021 05:48am

International transport operators: FBR to charge Rs15m insurance guarantee

ISLAMABAD: The Federal Board of Revenue (FBR) will charge an insurance guarantee of Rs15 million from the...

Published 12 Jul, 2021 03:55am

Markets

Corporatization, Compliance Dept: SECP empowers commissioner and officers

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has empowered Commissioner and the officers of...

Published 02 Jun, 2021 04:29am

Editorials

The illegal tobacco industry

EDITORIAL: It is very distressing that local tobacco manufacturers are able to flout all the rules very easily and...

Published 22 May, 2021 04:05am

Business & Finance

Footwear industry: PFMA asks govt to undertake vital policy reforms

LAHORE: The Pakistan Footwear Manufacturing Association (PFMA) has asked the government to undertake vital policy...

Updated 18 May, 2021 09:33am

Business & Finance

SECP introduces concept of Special Purpose Acquisition Company

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has introduced the concept of Special Purpose...

Published 13 May, 2021 03:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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