News stories for Muhammad Ali - Business Recorder

Muhammad Ali

'Benami account': show-cause notice issued to Zardari

Regional Tax Office (RTO)-II has served show-cause notice on former President Asif Ali Zardari for allegedly paying duty and taxes of luxury vehicles from a 'benami account'; it was learnt. According to sources, the field formations of tax offices have no

Published 15 Mar, 2019 12:00am

Business & Finance

MCC West foils Rs60mn tax evasion attempt

KARACHI: Acting upon a credible information received by Collector of Customs MCC Appraisement (West) Karachi, R&

Published 08 Mar, 2019 12:43pm

Gwadar Port seeks permission from DTT for clearance of ATT cargo

Gwadar Port has sought permission from Directorate of Transit Trade (DTT) for clearance of cargo for Afghan Transit Trade (ATT). In a letter sent to the DTT by Gwadar International Terminal Ltd, it said that necessary infrastructure for connecting Gwadar

Published 08 Mar, 2019 12:00am

Business & Finance

NAB Karachi arrests ex-minister's realtor

KARACHI: National Accountability Bureau (NAB) Karachi on Thursday arrested a real estate agent namely Muhammad Javed

Published 07 Mar, 2019 02:40pm

Around 100 tons of betel nuts replaced with date seeds

Around 100 tons of betel nuts worth in millions have reportedly been replaced with date seeds at State warehouse SITE with the alleged involvement of the officials of Directorate General Intelligence & Investigation (DGI&I)-Customs, FBR, Karachi, it was l

Published 07 Mar, 2019 12:00am

Final discussion on New Aviation Policy draft tomorrow

The New Aviation Policy (NAP) 2019 has been drafted for revival of the aviation sector taking all stakeholders on board and final discussion on the draft will be held tomorrow (Monday). The draft policy is a joint effort of aviation division, Pakistan Civ

Published 03 Mar, 2019 12:00am

Final discussion on New Aviation Policy draft tomorrow

Published 03 Mar, 2019 12:00am

Final discussion on New Aviation Policy draft tomorrow

Published 03 Mar, 2019 12:00am

Vehicles acquired from Tosha Khana: Zardari accused of making payments from fake bank accounts

Asif Ali Zardari, during his tenure as President of Pakistan, allegedly made payments of duty and taxes from fake bank accounts to acquire vehicles from Tosha Khana, a place where state gifts and emblems are stored. This was claimed in a letter written by

Published 20 Feb, 2019 12:00am

Betel nuts replaced with date seeds at Site's warehouse

Betel nuts worth in millions have reportedly been replaced with date seeds at State warehouse SITE by the officials of Directorate General Intelligence & Investigation (DGI&I) Customs, FBR, Karachi. This was revealed by warehouse in-charge Mehmood Akber,

Published 18 Feb, 2019 12:00am

Fake bank accounts: Rs 1.22 billion deals in Opal 25 (JV) under NAB's radar

The National Accountability Bureau (NAB), Rawalpindi has extended the ambit of inquiry into fake bank accounts scam to the transactions of Rs. 1.22 billion in M/s Opal 25 (JV) between M/s Bahria Town, M/s Zardari Group and others, it is learnt here.

Published 13 Feb, 2019 12:00am

New vehicles: No notification yet on lifting of curbs on non-filers

The federal government has so far not issued any notification regarding the abolishment of restriction imposed on non-filers for the purchase of new vehicles. The government through Finance Supplementary (Second Amendment Bill) 2019 proposed Clause 4(8) a

Published 08 Feb, 2019 12:00am

New vehicles: No notification yet on lifting of curbs on non-filers

Published 08 Feb, 2019 12:00am

New vehicles: No notification yet on lifting of curbs on non-filers

Published 08 Feb, 2019 12:00am

Collection not to exceed Rs 4.1 trillion, FBR tells Umar

The Federal Board of Revenue (FBR) has reportedly informed the finance minister that the revenue collection would remain not more than Rs4,100 billion in ongoing financial year; it is learnt. According to sources, the FBR apprised the finance minister tha

Published 06 Feb, 2019 12:00am

Collection not to exceed Rs 4.1 trillion, FBR tells Umar

Published 06 Feb, 2019 12:00am

Collection not to exceed Rs 4.1 trillion, FBR tells Umar

Published 06 Feb, 2019 12:00am

Filers who availed amnesty scheme: FBR suspends notices about source of investment

The Federal Board of Revenue (FBR) has suspended all notices issued to inquire source of investment from filers who availed amnesty scheme; it is learnt. According to sources, field formations across the country have started issuing notices to filers, ask

Published 02 Feb, 2019 12:00am

Filers who availed amnesty scheme: FBR suspends notices about source of investment

Published 02 Feb, 2019 12:00am

Filers who availed amnesty scheme: FBR suspends notices about source of investment

Published 02 Feb, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	155.98
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / May 1	5018.39
India Sensex / May 1	74482.78
Tokyo Nikkei / May 1	38093.34
Nasdaq / May 1	15605.48
Hang Seng / May 1	17763.03
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Crude Oil USD/Barrel / May 1	79.18
Gold Spot USD/Ounce / May 1	2324.96
Cotton US¢/pound / May 1	76.51
Petrol/Litre / May 2	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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