News stories for Sohail Sarfraz

Sohail Sarfraz

Experts see no major adverse impact on tax collection

ISLAMABAD: The Federal Board of Revenue’s revenue collection at the import stage would not have any significant...

Published 20 May, 2022 05:15am

FBR sends case of ‘fake supplies’ to its relevant wing for investigation

ISLAMABAD: On the recommendations of the Federal Tax Ombudsman (FTO), the Federal Board of Revenue (FBR) has ...

Published 20 May, 2022 05:15am

Business & Finance

DII (IR) official removed from service for ‘aiding’ accused

ISLAMABAD: The Federal Board of Revenue (FBR) has dismissed from services, an official of the Directorate of...

Published 19 May, 2022 06:58am

Business & Finance

Pharmaceutical companies: FBR body agrees to resolve ST refunds-related issues

ISLAMABAD: The Issues Resolution Committee of the Federal Board of Revenue (FBR) has agreed to resolve sales tax...

Published 19 May, 2022 06:14am

Non-essential items, luxury goods import: FTO asks FBR to notify enhanced RD rates ‘without delay’

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah has strongly recommended to the FBR to immediately issue ...

Updated 19 May, 2022 10:24am

Business & Finance

Faulty integration of Tier-1 retailers: FTO has received over 100 complaints against FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has received over 100 individual complaints of the newly integrated ...

Published 19 May, 2022 05:29am

Business & Finance

Dubai’s offshore real estate market: Pakistanis among people owning properties worth billons of dollars

ISLAMABAD: Rich Pakistanis are among those who own properties worth billions of dollars in Dubai’s offshore real...

Published 19 May, 2022 05:29am

Business & Finance

‘Legalising crypto trade to bring Rs20bn in taxes’

ISLAMABAD: Pakistan could generate at least $100 million (Rs20 billion) in the form of taxes in a one-year period by...

Updated 18 May, 2022 10:51am

Business & Finance

Cigarettes: Illicit trade caused Rs77.8bn revenue loss in 2021

ISLAMABAD: The illicit trade of cigarettes in Pakistan caused an estimated revenue loss of Rs77.8 billion in 2021,...

Published 18 May, 2022 05:54am

Business & Finance

Institutional investors: SECP launches Stewardship Framework

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Monday launched Stewardship Framework for...

Published 17 May, 2022 06:54am

Pakistan

FBR cautions officials over scam calls

ISLAMABAD: The Federal Board of Revenue (FBR) has cautioned all tax officers/officials that unscrupulous elements ...

Published 17 May, 2022 06:29am

Business & Finance

Raw materials, finished goods’ tariffs: FBR to remove anomalies from federal tax laws

ISLAMABAD: The Federal Board of Revenue (FBR) will remove anomalies from the federal tax laws, specifically...

Published 17 May, 2022 05:39am

INGOs: FTO helps create Rs660m tax demand

ISLAMABAD: The intervention of the Federal Tax Ombudsman (FTO) has resulted in creation of huge tax demand and...

Updated 17 May, 2022 10:05am

Business & Finance

Insurance services: SECP advises Sindh govt to revoke levy of stamp duty from July 1

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed to the Sindh government to revoke...

Published 17 May, 2022 05:39am

Life insurance, health insurance from July 1: Punjab govt urged to restore ST exemption

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has strongly recommended the Punjab government...

Updated 16 May, 2022 09:55am

Business & Finance

‘Own motion’ cases: FTO completes investigations

ISLAMABAD: The Federal Tax Ombudsman (FTO) has completed investigations in several own motion cases including misuse...

Published 15 May, 2022 06:43am

Business & Finance

DHA Gujranwala: FBR revises ‘fair market value’ of residential properties

ISLAMABAD: The Federal Board of Revenue (FBR) has revised fair market value of residential immoveable properties of...

Published 15 May, 2022 05:35am

Budget 2022-23: SECP proposes withdrawal of 1pc FIF on non-life insurance premiums

ISLAMABAD: The SECP has proposed withdrawal of the one percent Federal Insurance Fee (FIF) applicable on non-life...

Updated 15 May, 2022 08:27am

Business & Finance

Facility of input tax adjustment of big retailers: FBR implements electronic system

ISLAMABAD: The Federal Board of Revenue (FBR) has implemented an electronic system from May 10, 2022, to restore the...

Updated 14 May, 2022 02:10pm

Rectification of tax credit : FTO seeks clarification from FBR

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue a clarification...

Updated 14 May, 2022 09:48am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	640.88 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 20 Attock Cement Pakistan Limited(ACPL)	86.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 20 786 Investments Limited(786)	4.70 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 20 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 20 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 20 Allied Bank Limited(ABL)	79.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 20 Abbott Laboratories (Pakistan) Limited(ABOT)	640.88 ▼ 0.00 (0.00%)
Abson Ind. / May 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 20 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 20 Attock Cement Pakistan Limited(ACPL)	86.82 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

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