News stories for Sohail Sarfraz

Sohail Sarfraz

Exclusion from FASTER refund system: Salt industry warns FBR of ‘consequences’

ISLAMABAD: The salt industry has warned the Federal Board of Revenue (FBR) that the exclusion of salt manufacturers...

Updated 05 Nov, 2023 09:22am

Business & Finance

Carbon alloy wire rod: FBR says RD exemption cannot be granted on import

ISLAMABAD: The Customs Classification Committee of the Federal Board of Revenue (FBR) has declared that the ...

Published 04 Nov, 2023 06:00am

Tyres, tubes of passenger cars from Japan, China: Customs values on import of over 100 types fixed

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

Updated 04 Nov, 2023 09:01am

Sections 111, 122 of Income Tax Ordinance: FBR cannot issue combined notice to taxpayer: IHC

ISLAMABAD: Islamabad High Court (IHC) has ruled that the Federal Board of Revenue (FBR) cannot issue a combined...

Updated 04 Nov, 2023 09:23am

FBR shares collection data with IMF

ISLAMABAD: The Federal Board of Revenue (FBR) Friday shared tax-wise data of revenue collection with the...

Updated 04 Nov, 2023 04:06pm

Pakistan

FBR nominates team to assist ECP

ISLAMABAD: The Federal Board of Revenue (FBR) has nominated a team of tax officials, who would assist the Election...

Published 03 Nov, 2023 06:11am

Pakistan

Collection, utilisation of Islamic donations: Charitable bodies/ NPAs asked to obtain ‘Fatwa’

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the charitable/non-profit...

Published 03 Nov, 2023 06:11am

‘Further sales tax’ and ‘extra sales tax’: conflicting FBR accounts cause a great deal of confusion

ISLAMABAD: The conflicting legal clarifications of the Federal Board of Revenue (FBR) on the chargeability of extra...

Updated 03 Nov, 2023 10:11am

Non-filers, documentation of economy: FBR shares strategy with Shamshad

ISLAMABAD: The caretaker Finance Minister Dr Shamshad Akhtar has directed the Federal Board of Revenue (FBR) to...

Updated 03 Nov, 2023 08:59am

LHC dismisses plea against ATIR member’s appointment

ISLAMABAD: The Lahore High Court (LHC), on Wednesday, dismissed a petition filed against the appointment of the...

Updated 02 Nov, 2023 09:31am

Pakistan

Jan-Oct 2023: FTO disposes of 6,703 cases

ISLAMABAD: The Federal Tax Ombudsman (FTO) has disposed of 6,703 cases of taxpayers filed against the Federal Board...

Published 01 Nov, 2023 05:57am

Pakistan

Delay in refund payment despite ATIR order: IHC directs FBR to pay adjournment cost to counsels

ISLAMABAD: Islamabad High Court (IHC) has directed the Federal Board of Revenue (FBR) to pay an adjournment cost of...

Published 01 Nov, 2023 05:57am

Business & Finance

Rs66bn more than target: Jul-Oct provisional collection stands at Rs2.748trn

ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected Rs2,748 billion during the first four...

Updated 01 Nov, 2023 09:05am

Pakistan

‘Illegal’ seizure of foreign currency: FTO asks FBR to take action against customs officials

ISLAMABAD: Federal Tax Ombudsman (FTO) Monday directed the Federal Board of Revenue (FBR) to take disciplinary ...

Published 31 Oct, 2023 05:26am

Business & Finance

FBR optimistic about Q1 revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) is confident to achieve the revenue collection target of Rs 2,683...

Published 31 Oct, 2023 05:26am

Business & Finance

Restructuring of PRAL under way

ISLAMABAD: The Federal Board of Revenue (FBR) has started a major reform of “digital tax transformation” in the FBR...

Updated 30 Oct, 2023 09:48am

559 major cases of CCP pending in courts: Stay orders may be driving up prices of commodities?

ISLAMABAD: There are 559 major cases of the Competition Commission of Pakistan (CCP) pending in various courts,...

Updated 29 Oct, 2023 10:00am

Pakistan

Election duties: ECP grants exemption to FBR officers

ISLAMABAD: The Election Commission of Pakistan (ECP) has granted an exemption to the officers of the Federal Board ...

Published 28 Oct, 2023 05:58am

Ultimate beneficial ownership: Requirements more stringent in income tax law than corporate one: expert

ISLAMABAD: The requirements of ultimate beneficial ownership as laid down in the Income Tax law are more stringent...

Updated 28 Oct, 2023 09:49am

Business & Finance

Customs’ values on import of PVC Electric Insulation Tape revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of PVC Electric...

Published 27 Oct, 2023 05:16am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 11 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 11 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 11 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 11 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 11 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 11 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 11 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 11 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 11 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 11 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 11 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 11 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 11 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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