News stories for Sohail Sarfraz

Sohail Sarfraz

Pakistan

Import, clearance of iPhone 16: FTO detects ‘organised scam’

ISLAMABAD: The Federal Tax Ombudsman (FTO) has detected what it termed an organised scam involving the import and...

Published 29 Jul, 2026 05:14am

Business & Finance

CCP fines 7 veterinary medicine manufacturers

ISLAMABAD: The Competition Commission of Pakistan (CCP) has fined seven veterinary medicine manufacturers a combined...

Published 29 Jul, 2026 05:14am

Pakistan

Punjab Motor Vehicles Ordinance: Ride-hailing vehicles required to possess route permits

ISLAMABAD: Punjab’s newly amended Motor Vehicles Ordinance 1965, now requires ride-hailing vehicles to hold a route...

Published 29 Jul, 2026 05:14am

Pakistan

Tax Fraud Investigation Wing: FBR gives Aqeel additional charge of Chief Investigator

ISLAMABAD: The Federal Board of Revenue (FBR) has given additional charge of the post of Chief Investigator, Tax...

Published 29 Jul, 2026 05:14am

Pakistan

Erstwhile FATA/PATA: FBR asks banks to deduct WHT on transactions, specified payments

ISLAMABAD: The Federal Board of Revenue (FBR) has directed all commercial banks to start deducting withholding taxes...

Published 29 Jul, 2026 05:14am

Business & Finance

Taxpayer’s IT refund claim: FTO directs FBR to correct unjust rejection

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to correct what it termed...

Published 28 Jul, 2026 05:33am

Business & Finance

FBR assures steel sector: Outstanding refund payments to be cleared

ISLAMABAD: The Federal Board of Revenue (FBR) has assured the documented steel sector that outstanding refund...

Published 28 Jul, 2026 05:33am

Business & Finance

New values on import of polyester filament yarn

ISLAMABAD: The Directorate-General of Customs Valuation, Karachi, has fixed new customs values on the import of...

Published 28 Jul, 2026 05:33am

Pakistan

50 IRS, Customs officers complete PGD at LUMS

ISLAMABAD: In a first for the Federal Board of Revenue (FBR), a joint cohort of 50 Inland Revenue Service (IRS) and...

Published 27 Jul, 2026 05:04am

FBR takes major step aimed at facilitating exporters

Constitutes Exporter Facilitation Committees in all major cities

Updated 26 Jul, 2026 03:10pm

Business & Finance

Finance Act mentions new condition for transactions

ISLAMABAD: Finance Act’s 2026 new condition of issuing (advance receipt invoice) verifiable and unique Federal Board...

Published 25 Jul, 2026 06:41am

Business & Finance

Seamless marketplace experience critical to sustaining growth: foodpanda

ISLAMABAD: A leading food delivery company has stressed that a seamless marketplace experience, supported by...

Published 25 Jul, 2026 06:01am

FBR to transfer records of taxpayers to new formations

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to transfer tax records/files of relevant taxpayers to the...

Updated 25 Jul, 2026 09:16am

Business & Finance

FTO identifies systemic flaw in FASTER sales tax refund system

ISLAMABAD: The Federal Tax Ombudsman (FTO) has identified a systemic flaw in the Federal Board of Revenue’s (FBR)...

Published 25 Jul, 2026 04:38am

Business & Finance

Safeguarding lawful businesses’ continuity: FTO directs FBR to formulate comprehensive protocol

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

Published 24 Jul, 2026 07:59am

Business & Finance

External accountants: Senior tax officials empowered to assign re-audit of taxpayers

ISLAMABAD: The government has empowered the senior tax officials to assign re-audit of accounts of the sales...

Published 23 Jul, 2026 05:26am

Pakistan

Retired naval officer: FBR directed to unfreeze accounts

ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to immediately unfreeze...

Published 23 Jul, 2026 05:26am

Pakistan

FTO directs FBR to conduct all cases online

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) that all proceedings/hearings...

Published 23 Jul, 2026 05:26am

Business & Finance

None of tax reforms to fight smuggling and tax evasion fully operational: research

ISLAMABAD: A new research by the Policy Research Institute of Market Economy (PRIME) and the Transnational Alliance...

Published 23 Jul, 2026 05:26am

Business & Finance

FBR links FY27 revenue outlook to tax-economy relationships

ISLAMABAD: The Federal Board of Revenue (FBR) has declared that the accuracy of tax projections for 2026-27 would...

Published 22 Jul, 2026 05:43am

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 28	278.05
USD PKR Interbank Buying / Jul 28	277.85
USD to Japanese Yen / Jul 29	163.55
USD to Swiss Franc / Jul 29	0.82
Pound Sterling to USD / Jul 29	1.33
Euro to USD / Jul 29	1.14
SOFR % / Jul 28	3.64

Stock	Volume
S&P 500 / Jul 28	7,428.78
Nasdaq / Jul 28	24,876.91
Dow Jones / Jul 28	52,747.32
India Sensex / Jul 29	77,603.30
Tokyo Nikkei / Jul 29	61,689.86
Hang Seng / Jul 29	25,684.44
FTSE 100 / Jul 29	10,884.40
Germany DAX 30 / Jul 29	25,391.76
France CAC40 / Jul 29	8,409.58

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 28	18,480
Gold 10 Grams PKR / Jul 28	366,457
Petrol/Litre / Jul 29	335.81
Crude Oil USD/Barrel / Jul 29	82.20
Gold Spot USD/Ounce / Jul 29	4,042.26
Diesel/Litre / Jul 29	388.38
Cotton US¢/pound / Jul 29	80.52

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Jul 29 Siddiqsons Tin Plate Limited(STPL)	10.18 ▲ 1 (10.89%)
Gulistan Sp. / Jul 29 Gulistan Spinning Mills Limited(GUSM)	10.63 ▲ 0.98 (10.16%)
Reliance Ins. / Jul 29 Reliance Insurance Company Limited(RICL)	13.37 ▲ 1.22 (10.04%)
Premier Insurance / Jul 29 Premier Insurance Limited(PINL)	11.08 ▲ 1.01 (10.03%)
786 Invest Ltd / Jul 29 786 Investments Limited(786)	25.80 ▲ 2.35 (10.02%)
Trust Mod. / Jul 29 Trust Modaraba(TRSM)	19.99 ▲ 1.82 (10.02%)
Aisha Steel(ConPS) / Jul 29 Aisha Steel(ConPS)(ASLPS)	32.20 ▲ 2.93 (10.01%)
Prosperity Weav / Jul 29 Prosperity Weaving Mills Limited(PRWM)	68.05 ▲ 6.19 (10.01%)
Ruby Textile / Jul 29 Ruby Textile Mills Limited(RUBY)	18.25 ▲ 1.66 (10.01%)
Dadabhoy Cement / Jul 29 Dadabhoy Cement Industries Limited(DBCI)	25.19 ▲ 2.29 (10%)

Stock	Price
Khairpur Sug. / Jul 29 Khairpur Sugar Mills Limited(KPUS)	1,203.44 ▼ -133.71 (-10%)
Maqbool Textile / Jul 29 Maqbool Textile Mills Limited(MQTM)	29.94 ▼ -3.32 (-9.98%)
National Silk / Jul 29 The National Silk & Rayon Mills Limited(NSRM)	273.85 ▼ -30.25 (-9.95%)
Power Cem(Pref) / Jul 29 Power Cement (Pref)(POWERPS)	23.39 ▼ -2.47 (-9.55%)
Shahtaj Sugar / Jul 29 Shahtaj Sugar Mills Limited(SHJS)	158.50 ▼ -16.16 (-9.25%)
Chashma / Jul 29 Chashma Sugar Mills Limited(CHAS)	90.68 ▼ -8.91 (-8.95%)
Khalid Siraj / Jul 29 Khalid Siraj Textile Mills Limited(KSTM)	13.62 ▼ -1.18 (-7.97%)
First Tri-Star Mod. / Jul 29 First Tri-Star Modaraba(FTSM)	35.05 ▼ -2.91 (-7.67%)
Dewan Automotive Eng. / Jul 29 Dewan Automotive Engineering Limited(DWAE)	21.59 ▼ -1.77 (-7.58%)
Pak Engineering / Jul 29 Pakistan Engineering Company Limited(PECO)	695.64 ▼ -54.36 (-7.25%)

Stock	Volume
Cnergyico PK / Jul 29 Cnergyico PK Limited(CNERGY)	58,656,206 ▼ -0.19
Siddiqsons Tin / Jul 29 Siddiqsons Tin Plate Limited(STPL)	50,224,225 ▲ 1
WorldCall Telecom / Jul 29 Worldcall Telecom Limited(WTL)	48,951,979 ▼ -0.02
Trust Sec.& Brok. / Jul 29 Trust Securities & Brokerage Limited(TSBL)	40,353,000 ▼ -0.03
TPL Properties / Jul 29 TPL Properties Limited(TPLP)	18,561,709 ▲ 0.03
Samba Bank / Jul 29 Samba Bank Limited(SBL)	18,512,128 ▲ 1.04
Maple Leaf Cement / Jul 29 Maple Leaf Cement Factory Limited(MLCF)	18,349,587 ▼ -1.24
Pak Refinery / Jul 29 Pakistan Refinery Limited(PRL)	16,486,569 ▼ -1.78
TPL Corp Ltd / Jul 29 TPL Corp Limited(TPL)	14,771,037 ▼ -0.15
Pak Int.Bulk / Jul 29 Pakistan International Bulk Terminal(PIBTL)	12,828,985 ▲ 0.04

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