News stories for Sohail Sarfraz

Sohail Sarfraz

FBR chief urges Senate body to abolish 7th Schedule of ITO, bring banks into normal tax regime applicable to companies

ISLAMABAD: Federal Board of Revenue (FBR) Chairman Rashid Mahmood Langrial, Thursday, strongly recommended Senate...

Updated 20 Jun, 2025 09:39am

PD tells NA body Rs2.50/litre carbon levy to apply from July 1

Petroleum levy stands at Rs77/litre on high-speed diesel and Rs78.02/litre on petrol

Updated 20 Jun, 2025 03:48pm

Business & Finance

Tariff rationalisation: Rs500bn revenue loss estimated

ISLAMABAD: The government has estimated revenue loss of around Rs500 billion on account of tariff rationalisation...

Published 19 Jun, 2025 05:53am

Business & Finance

FBR proposes tax on online academies, recreational clubs

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed to impose tax on the income of online academies and...

Published 19 Jun, 2025 05:53am

Pakistan govt unveils revised tax fraud punishment procedure

ISLAMABAD: Finance Minister Muhammad Aurangzeb, Wednesday, presented revised procedure for penalty, arrest and...

Updated 18 Jun, 2025 08:06am

Markets

NA panel rejects 18pc GST on solar panels

ISLAMABAD: The National Assembly Standing Committees on Finance and Revenue, unanimously, rejected the proposal of...

Published 18 Jun, 2025 06:10am

Business & Finance

Presentations to NA, Senate panels: Juice industry urges govt to lower FED to 15pc

ISLAMABAD: The Fruit Juice Council (formally juice industry) Tuesday urged upon two parliamentary panels to reduce ...

Published 18 Jun, 2025 06:10am

Pakistan

Monitoring industrial production: NA panel rejects FBR’s budget proposal

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue on Monday rejected a budget proposal of...

Published 17 Jun, 2025 03:11am

Pakistan

Senate panel clears new clause: Oversight Board to conduct audit firms’ inspection

ISLAMABAD: The Senate Standing Committee of Finance on Monday approved a new clause for inspection of audit firms...

Published 17 Jun, 2025 03:11am

Enterprises in SEZs, STZs: NA panel recommends capping tax exemptions

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue on Monday recommended a budget proposal...

Updated 17 Jun, 2025 09:41am

Finalisation of Finance Bill 2025: Senate panel asks FBR to stay out of provinces’ domain

ISLAMABAD: The Senate Standing Committee on Finance and Revenue, Monday, warned the Federal Board of Revenue (FBR)...

Updated 17 Jun, 2025 09:41am

Tax fraudsters: Punishments will be reassessed: Aurangzeb

Says the government will review the punishments including penalty, arrest and imprisonment

Updated 17 Jun, 2025 09:45am

No increase in PDL: Consumers to bear brunt of global oil price hike

ISLAMABAD: The government will not increase the petroleum development levy (PDL), but pass on the impact of increase...

Updated 17 Jun, 2025 09:40am

Business & Finance

Serious concern over Finance Bill 2025 amendments expressed

ISLAMABAD: All Pakistan Fruit & Vegetable Exporters Importers and Merchants Association has expressed serious...

Published 17 Jun, 2025 03:11am

Budget 2025-26

Senate body backs zero ST on stationery, okays tax on e-commerce

ISLAMABAD: The Senate Standing Committee on Finance and Revenue recommended to reduce the sales tax on stationery...

Updated 16 Jun, 2025 09:00am

Budget 2025-26

Arrest for tax fraud: Senate panel for defining a threshold

ISLAMABAD: The Senate Standing Committee on Finance and Revenue on Sunday rejected a controversial proposal by the...

Updated 16 Jun, 2025 09:27am

Only SRB submits Finance Bill feedback to Senate panel

Budget 2025-26

The proposed Directorate would have the powers to exercise under the AML Act

Updated 15 Jun, 2025 08:52pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Cotton US¢/pound / Jun 20	66.53
Petrol/Litre / Jun 21	258.43
Diesel/Litre / Jun 21	262.59

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)
Zahid Jee Textile / Jun 20 Zahidjee Textile Mills Limited(ZAHID)	43.66 ▲ 3.97 (10%)
J.A.Textile / Jun 20 J.A. Textile Mills Limited(JATM)	29.18 ▲ 2.65 (9.99%)
Shahzad Tex. / Jun 20 Shahzad Textile Mills Limited(SZTM)	46.57 ▲ 4.23 (9.99%)
Service Textile / Jun 20 Service Industries Textiles Limited(SERT)	23.80 ▲ 2.16 (9.98%)
Chenab Ltd (Pref) / Jun 20 Chenab Limited (Pref)(CLCPS)	3.34 ▲ 0.3 (9.87%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)
Orient Rental / Jun 20 Orient Rental Mod(ORM)	9.40 ▼ -0.7 (-6.93%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	181 ▼ -11.29 (-5.87%)
Kohat Textile / Jun 20 Kohat Textile Mills Limited(KOHTM)	92.18 ▼ -4.82 (-4.97%)
Biafo Ind. / Jun 20 Biafo Industries Limited(BIFO)	163.55 ▼ -8.46 (-4.92%)
Sapphire Textile / Jun 20 Sapphire Textile Mills Limited(SAPT)	1,105 ▼ -45 (-3.91%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	279,001 ▲ 0.13
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	232,709 ▲ 1
PIA Holding Co.Ltd / Jun 20 PIA Holding Company Limited(PIAHCLA)	187,358 ▲ 0.5
Bunnys Limited / Jun 20 Bunnys Limited(BNL)	184,782 ▲ 2
Crescent Textile / Jun 20 The Crescent Textile Mills Limited(CRTM)	148,384 ▲ 0.54

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