News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

FTO proposes FBR to abolish Section 8B of Sales Tax Act

ISLAMABAD: The Federal Tax Ombudsman (FTO) has proposed the Federal Board of Revenue (FBR) to abolish section 8B of...

Published 01 Jun, 2023 03:34am

Listed cos’ shares transactions as recorded in NCCPL system: Procedure of capital gain on disposal of securities to stay applicable: FBR

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Updated 01 Jun, 2023 09:05am

Business & Finance

Importers overcharged: SBP completes probe against banks, Senate panel told

ISLAMABAD: The Senate Standing Committee on Finance was informed that the State Bank of Pakistan (SBP) has completed...

Published 01 Jun, 2023 03:34am

Tax liability of non-filers: Govt mulling giving NADRA new teeth

ISLAMABAD: The government is reviewing the powers of the National Database and Registration Authority (NADRA) in the...

Updated 31 May, 2023 09:00am

Filing of wealth statement: RRMC urges MoF to abolish requirement

ISLAMABAD: The Reforms and Revenue Mobilization Commission (RRMC) has recommended the Ministry of Finance to abolish...

Updated 31 May, 2023 09:01am

Levies under FTR on exports: Higher tax rate on dividend recommended

ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has strongly recommended a higher rate of tax on...

Updated 31 May, 2023 08:55am

Business & Finance

Import shipments: RRMC underscores need for amendments in Customs laws

ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has strongly recommended amendments in Customs...

Published 31 May, 2023 03:56am

Business & Finance

Cases of telecom operators: No maladministration committed by FBR during implementation of ADRC’s recommendations: FTO

ISLAMABAD: The Federal Tax Ombudsman (FTO) has observed that no maladministration has been committed by the Federal...

Published 31 May, 2023 03:56am

Business & Finance

FBR directed to ensure bug-free system for POS lucky draws

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

Published 30 May, 2023 03:37am

Builders, developers: Govt may extend tax incentives

ISLAMABAD: The government is likely to give tax incentives to builders and developers in the budget (2023-24) to...

Updated 30 May, 2023 09:25am

Benami assets: FBR may be empowered to invoke Sec 111 of IT Ord

ISLAMABAD: The government is likely to empower the Federal Board of Revenue (FBR) to invoke Section 111 (unexplained...

Updated 30 May, 2023 09:27am

Business & Finance

Islamic capital market: SBP governor highlights key challenges

ISLAMABAD: State Bank of Pakistan (SBP) Governor Jameel Ahmad said Monday that collaboration among regulators,...

Published 30 May, 2023 03:37am

Accumulated profits: Proposed advance tax may be challenged in courts

ISLAMABAD: The advance tax on companies’ accumulated profits proposed by the Reform and Revenue Mobilisation...

Updated 29 May, 2023 09:04am

SRO on ‘records of beneficial owners’ irks PBC

ISLAMABAD: The Pakistan Business Council (PBC) has expressed serious concern over the Federal Board of Revenue’s...

Updated 29 May, 2023 08:54am

Business & Finance

FBR urged to address errors, omissions thru finance bill

ISLAMABAD: Tax experts have urged the Federal Board of Revenue (FBR) to correct the errors and omissions of earlier...

Published 29 May, 2023 04:27am

Business bank account opening: RRMC for making NTN mandatory

ISLAMABAD: The Reforms & Revenue Mobilisation Commission (RRMC) has recommended that the National Tax Number...

Updated 28 May, 2023 10:00am

Different categories of cos: SECP gets powers to approve capital expenditure/disposal of fixed assets

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has obtained powers to give approval of the...

Updated 28 May, 2023 10:00am

Income tax: Govt likely to introduce e-assessment scheme

ISLAMABAD: The government is likely to introduce an electronic-assessment scheme in the budget (2023-24) to conduct...

Updated 28 May, 2023 09:58am

Business & Finance

Goods/passenger transport vehicles: RRMC recommends one-time/ transactional advance tax

ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has recommended a one-time/transactional advance...

Published 27 May, 2023 06:09am

RRMC advocates extending income tax exemption to REITs

ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has recommended the government to extend the...

Updated 27 May, 2023 08:54am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▼ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▼ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▲ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▲ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▲ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▲ 0.00 (0.00%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.00
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.00
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	15,788,641 ▲ 0.00
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▲ 0.00
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.00
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.00
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.00
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	6,313,500 ▲ 0.00
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.00
Fauji Cement / Jun 9 Fauji Cement Company Limited(FCCL)	4,608,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

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