News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

Locally-manufactured mobile phones' sale to retailers: Tarin approached for removal of tax anomaly

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has approached Finance Minister Shaukat Tarin...

Published 29 Jul, 2021 04:48am

Willful tax defaulters, non-filers: New policy to lay down third-party audit mechanism

ISLAMABAD: The new Audit Policy 2021 of the Federal Board of Revenue (FBR) will lay down a mechanism for third-party...

Updated 28 Jul, 2021 10:07am

Business & Finance

Importers: FBR to relax conditions for obtaining 'UUIs'

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to relax conditions for the importers for obtaining ...

Published 27 Jul, 2021 04:40am

Manufacturing units in zones: FBR announces new procedure

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a new procedure for the manufacturing units operating in...

Published 27 Jul, 2021 02:40am

Markets

Capital market: SECP revamps regulatory framework

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has revamped the regulatory framework for the...

Published 25 Jul, 2021 05:20am

Amnesty scheme fiasco: President upholds FTO order, disposes of FBR appeals

ISLAMABAD: President Dr Arif Alvi has directed the Federal Board of Revenue (FBR) to take measures to resolve the...

Published 25 Jul, 2021 04:21am

PL cut, waiver on POL products: Rs10bn negative revenue impact projected

ISLAMABAD: The government reduced the rate of petroleum levy (PL) on High Speed Diesel (HSD) - from Rs 3.61 per ...

Updated 24 Jul, 2021 10:44am

Erstwhile Fata: Tax exemptions given to mainstream geographic areas: FBR

ISLAMABAD: Pakistan has a unique case of exemptions in erstwhile Federally Administered Tribal Areas (Fata), where...

Published 24 Jul, 2021 02:30am

Tax defaulters: DGI&I IR to make arrests only after third-party audit

ISLAMABAD: After third-party audit by chartered accountant companies, the Directorate General of Intelligence and...

Updated 21 Jul, 2021 08:47am

Pakistan

Employees and their families: SECP asks companies to facilitate vaccination

ISLAMABAD: To support the national campaign to prevent Covid-19, the Securities and Exchange Commission of Pakistan...

Published 20 Jul, 2021 04:14am

Business & Finance

Broadening tax base: FBR, Nadra chalk out plans: Tarin

ISLAMABAD: The Federal Board of Revenue (FBR) Monday informed Finance Minister Shaukat Tarin that the tax machinery...

Published 20 Jul, 2021 04:14am

Issue of right shares: Corporate revival plan aimed at raising $15m funds

ISLAMABAD: A corporate revival business plan of a company is aiming to raise $15 million funds through the issue of...

Updated 20 Jul, 2021 12:07pm

Joint sustenance markets to be set up at Iran border

ISLAMABAD: The government has decided to establish joint border sustenance markets at three crossing points of...

Published 19 Jul, 2021 06:35am

Rs2m or more cash transactions: FMU directs Reporting Entities to file CTRs

ISLAMABAD: The Financial Monitoring Unit (FMU) has directed the Reporting Entities (REs) including financial...

Updated 18 Jul, 2021 02:16pm

Pakistan

NA body concerned over doubling of RD on stationary items

ISLAMABAD: The National Assembly Standing Committee on Finance, on Friday, expressed serious concern over doubling ...

Published 17 Jul, 2021 04:21am

Pakistan

SECP (Amendment) Bill: NA panel puts off approval till next meeting

ISLAMABAD: A meeting of the National Assembly Committee on Finance Friday has been unable to complete the...

Published 17 Jul, 2021 04:21am

Offices of developers/builders and jewelers: Directorate general of DNFBPs begins online inspections

ISLAMABAD: Directorate General of Designated Non-Financial Business and Professions (DNFBPs) has started full scope...

Published 17 Jul, 2021 03:25am

Pakistan

Withholding agents ‘Reconciliation of statements with declared amounts a must’

ISLAMABAD: The Finance Act 2021 has made it mandatory for the withholding agents to reconcile annual withholding tax...

Published 16 Jul, 2021 04:34am

Business

Sale of non-duty paid, smuggled cars: FBR launching crackdown on showrooms, warehouses

ISLAMABAD: Without disclosing any possibility of a new amnesty scheme to legalise smuggled cars, the Federal Board ...

Published 16 Jul, 2021 04:34am

Pakistan

Senate panel defers Cos (Amend) Bill: SECP told to amend clauses to facilitate start-ups

ISLAMABAD: The Senate Standing Committee on Finance Wednesday deferred the Companies (Amendment) Bill, 2021, with ...

Updated 15 Jul, 2021 10:29am

Gainers
Losers
Leaders

Stock	Price
Security Bank / Jul 29 Security Investment Bank Limited(SIBL)	7.35 ▲ 0.91 (14.13%)
S.G. Power Ltd. / Jul 29 S.G. Power Limited(SGPL)	4.96 ▲ 0.54 (12.22%)
Dewan Farooque Motors / Jul 29 Dewan Farooque Motors Limited(DFML)	11.62 ▲ 0.94 (8.80%)
Ghazi Fab. / Jul 29 Ghazi Fabrics International Limited(GFIL)	13.60 ▲ 1.00 (7.94%)
Arpak Int. / Jul 29 Arpak International Investments Ltd.(ARPAK)	87.09 ▲ 6.07 (7.49%)
Sardar Chemical / Jul 29 Sardar Chemical Industries Limited(SARC)	38.19 ▲ 2.66 (7.49%)
Maqbool Tex. / Jul 29 Maqbool Textile Mills Limited(MQTM)	35.78 ▲ 2.49 (7.48%)
Shahtaj Sug. / Jul 29 Shahtaj Sugar Mills Limited(SHJS)	57.03 ▲ 3.97 (7.48%)
Sapphire Fib. / Jul 29 Sapphire Fibres Limited(SFL)	924.00 ▲ 64.00 (7.44%)
Leiner Gelatine / Jul 29 Leiner Pak Gelatine Limited(LPGL)	26.61 ▲ 1.84 (7.43%)

Stock	Price
SME Leasing Ltd. / Jul 29 SME Leasing Limited(SLL)	2.97 ▲ -0.97 (-24.62%)
Image Pakistan / Jul 29 Image Pakistan Limited(IMAGE)	27.91 ▲ -6.29 (-18.39%)
Saudi Pak Leas. / Jul 29 Saudi Pak Leasing Company Limited(SPLC)	2.35 ▲ -0.24 (-9.27%)
Gatron Ind. / Jul 29 Gatron (Industries) Limited(GATI)	520.78 ▲ -42.22 (-7.50%)
Dawood Equities / Jul 29 Dawood Equities Limited(DEL)	19.68 ▲ -1.59 (-7.48%)
ECOPACK / Jul 29 Ecopack Limited(ECOP)	35.12 ▲ -2.84 (-7.48%)
TPL Ins. / Jul 29 TPL Insurance Limited(TPLI)	37.35 ▲ -2.99 (-7.41%)
Khairpur / Jul 29 Khairpur Sugar Mills Limited(KPUS)	65.71 ▲ -5.19 (-7.32%)
K.S.B. Pumps / Jul 29 KSB Pumps Company Limited(KSBP)	225.00 ▲ -16.99 (-7.02%)
First AL-Noor Mod. / Jul 29 First Al-Noor Modaraba(FANM)	3.50 ▲ -0.25 (-6.67%)

Stock	Volume
Byco Petroleum / Jul 29 Byco Petroleum Pakistan Limited(BYCO)	36,896,500 ▼ 0.00
Worldcall / Jul 29 Worldcall Telecom Limited(WTL)	34,549,000 ▼ 0.00
Unity Foods / Jul 29 Unity Foods Limited(UNITY)	11,432,070 ▼ 0.00
Aisha Steel / Jul 29 Aisha Steel Mills Limited(ASL)	7,015,500 ▼ 0.00
Hum Network / Jul 29 Hum Network Limited(HUMNL)	6,451,000 ▼ 0.00
TPL Corp / Jul 29 TPL Corp Limited(TPL)	5,861,000 ▼ 0.00
TRG Pakistan / Jul 29 TRG Pakistan Limited(TRG)	5,794,369 ▼ 0.00
Telecard Ltd. / Jul 29 Telecard Limited(TELE)	5,425,500 ▼ 0.00
Hascol Petroleum / Jul 29 Hascol Petroleum Limited(HASCOL)	5,053,146 ▼ 0.00
Silkbank / Jul 29 Silkbank Limited(SILK)	4,704,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 29	162.00
USD PKR Interbank Buying / Jul 29	161.90
USD to Japanese Yen / Jul 29	109.85
USD to Swiss Franc / Jul 29	0.91
Pound Sterling to USD / Jul 29	1.39
Euro to USD / Jul 29	1.18
UK LIBOR % / Jul 29	0.08

Stock	Volume
S&P 500 / Jul 29	4400.64
India Sensex / Jul 29	52443.71
Tokyo Nikkei / Jul 29	27725.72
Nasdaq / Jul 29	14762.59
Hang Seng / Jul 29	25473.88
FTSE 100 / Jul 29	7016.63
Dow Jones / Jul 29	34930.93
Germany DAX 30 / Jul 29	15570.36
France CAC40 / Jul 29	6609.31

Item	Value
Crude Oil / Jul 29	72.32
Karachi Cotton Assoc. / Jul 29	13080.00
Gold 10 Grams / Jul 29	94050.00
Gold Spot / Jul 29	1810.11
Cotton / Jul 29	90.52

Sohail Sarfraz

Locally-manufactured mobile phones' sale to retailers: Tarin approached for removal of tax anomaly

Willful tax defaulters, non-filers: New policy to lay down third-party audit mechanism

Importers: FBR to relax conditions for obtaining 'UUIs'

Manufacturing units in zones: FBR announces new procedure

Capital market: SECP revamps regulatory framework

Amnesty scheme fiasco: President upholds FTO order, disposes of FBR appeals

PL cut, waiver on POL products: Rs10bn negative revenue impact projected

Erstwhile Fata: Tax exemptions given to mainstream geographic areas: FBR

Tax defaulters: DGI&I IR to make arrests only after third-party audit

Employees and their families: SECP asks companies to facilitate vaccination

Broadening tax base: FBR, Nadra chalk out plans: Tarin

Issue of right shares: Corporate revival plan aimed at raising $15m funds

Joint sustenance markets to be set up at Iran border

Rs2m or more cash transactions: FMU directs Reporting Entities to file CTRs

NA body concerned over doubling of RD on stationary items

SECP (Amendment) Bill: NA panel puts off approval till next meeting

Offices of developers/builders and jewelers: Directorate general of DNFBPs begins online inspections

Withholding agents ‘Reconciliation of statements with declared amounts a must’

Sale of non-duty paid, smuggled cars: FBR launching crackdown on showrooms, warehouses

Senate panel defers Cos (Amend) Bill: SECP told to amend clauses to facilitate start-ups

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