News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

Digital lending companies: SECP working with Google, Apple to remove unauthorised apps

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) is actively coordinating with Google and Apple...

Published 21 Feb, 2023 06:59am

Air tickets: new rates of FED fixed

According to the new rates, the FED would be applicable on club, business and first-class air tickets issued on or after the date of commencement of the Finance (Supplementary) Bill 2023

Updated 21 Feb, 2023 12:40pm

Business & Finance

Severe shortage of rebars: PALSP again urges SBP to allow opening of LCs

ISLAMABAD: Pakistan Association of Large Steel Producers (PALSP) has again requested the State Bank of Pakistan ...

Published 21 Feb, 2023 05:57am

Imposing/raising time-bound RDs, ACDs: FBR extends time period to March 31st for over 600 luxury items

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to extend the time period up to March 31, 2023, for...

Updated 21 Feb, 2023 09:00am

Business & Finance

FBR ordered to return recovered pay order to taxpayer

ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to de-attach the bank account...

Published 20 Feb, 2023 06:26am

Imposition of 10pc WHT on sale of shares: Expert identifies ‘serious’ legal flaws in proposed provision of bill

ISLAMABAD: There are serious legal flaws in the proposed provision of the Finance (Supplementary) Bill, 2023 on...

Published 19 Feb, 2023 03:19am

10pc WHT imposed on sales of shares for documentation

ISLAMABAD: The government has imposed a 10 percent withholding tax at the time of sales of shares of the companies...

Updated 18 Feb, 2023 08:57am

Finance (Supplementary) Bill 2023: Senate adopts recommendations

ISLAMABAD: The Upper House of the parliament saw a fiery debate on the Finance (Supplementary) Bill, 2023, on Friday...

Updated 18 Feb, 2023 09:00am

Business & Finance

Cos plead case before PM: 10pc FED on juices to inflict revenue loss on FBR

ISLAMABAD: The imposition of 10 percent Federal Excise Duty (FED) on juices will actually result in revenue loss to...

Published 17 Feb, 2023 06:36am

Fiscal year 2022-23: Tax target raised to Rs7.64trn

Revenue collection target has been increased after additional revenue measures of Rs170 billion, says Federal Board of Revenue Chairman Asim Ahmad

Updated 17 Feb, 2023 10:15pm

Markets

CCP welcomes Nepra’s decision on net metering rules

ISLAMABAD: The Competition Commission of Pakistan (CCP) has welcomed the decision of the National Electric Power...

Published 16 Feb, 2023 06:08am

Big taxation measures taken through money bill

Govt has dropped proposals to raise FED on imported and locally-manufactured cars and energy drinks

Updated 16 Feb, 2023 10:48am

Pakistan

Public Sector Development Programme: MoH&W working on 413 projects, Senate panel told

ISLAMABAD: Ministry of Housing and Works (MoH&W) Tuesday informed that the estimated cost of total 413 projects...

Published 15 Feb, 2023 06:27am

FED on cigarettes doubled

ISLAMABAD: The government has started the implementation of the mini-budget late Tuesday night by doubling the...

Updated 15 Feb, 2023 08:58am

Business & Finance

NBF industry’s assets stand at Rs2562.8bn: SECP

ISLAMABAD: Total assets of the non-banking finance industry now stood at Rs2,562.83 billion as on January 1, 2023,...

Published 14 Feb, 2023 05:58am

Business & Finance

LCs issue results in shortage of steel rebars

ISLAMABAD: The country is facing severe shortage of steel rebars due to the delay in the opening of the Letters of...

Published 14 Feb, 2023 05:58am

Business & Finance

FBR drafted no proposal to tax bank deposits

ISLAMABAD: There was no proposal drafted by the Federal Board of Revenue (FBR) at any stage to impose tax on bank...

Updated 13 Feb, 2023 09:01am

Govt to revise power tariff mechanism for AJ&K

Business & Finance

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 23 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 23 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▼ 0.00 (0.00%)
Agro Allianz / Mar 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 23 Allied Bank Limited(ABL)	64.85 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 23 Abbott Laboratories (Pakistan) Limited(ABOT)	399 ▼ 0.00 (0.00%)
Abson Ind. / Mar 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 23 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 23 Attock Cement Pakistan Limited(ACPL)	58.87 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 23 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 23 Al-Abbas Sugar Mills Limited(AABS)	373.10 ▲ 0.00 (0.00%)
Agro Allianz / Mar 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 23 Allied Bank Limited(ABL)	64.85 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 23 Abbott Laboratories (Pakistan) Limited(ABOT)	399 ▲ 0.00 (0.00%)
Abson Ind. / Mar 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 23 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 23 Attock Cement Pakistan Limited(ACPL)	58.87 ▲ 0.00 (0.00%)

Stock	Volume
Fauji Cement / Mar 23 Fauji Cement Company Limited(FCCL)	17,487,500 ▲ 0.00
WorldCall Telecom / Mar 23 Worldcall Telecom Limited(WTL)	11,071,860 ▲ 0.00
Thatta Cement / Mar 23 Thatta Cement Company Limited(THCCL)	9,211,500 ▲ 0.00
Fauji Foods Ltd / Mar 23 Fauji Foods Limited(FFL)	7,792,084 ▲ 0.00
Ghani Glo Hol / Mar 23 Ghani Global Holdings Limited(GGL)	5,968,150 ▲ 0.00
Telecard Limited / Mar 23 Telecard Limited(TELE)	5,558,000 ▲ 0.00
Hascol Petrol / Mar 23 Hascol Petroleum Limited(HASCOL)	4,387,500 ▲ 0.00
Meezan Bank / Mar 23 Meezan Bank Limited(MEBL)	3,700,308 ▲ 0.00
Cnergyico PK / Mar 23 Cnergyico PK Limited(CNERGY)	3,587,106 ▲ 0.00
Maple Leaf Cement / Mar 23 Maple Leaf Cement Factory Limited(MLCF)	3,522,701 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 23	130.66
USD to Swiss Franc / Mar 23	0.92
Pound Sterling to USD / Mar 23	1.23
Euro to USD / Mar 23	1.09
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 22	3936.97
Nasdaq / Mar 22	11669.96
FTSE 100 / Mar 22	7566.84
Dow Jones / Mar 22	32030.11
Germany DAX 30 / Mar 22	15216.19
France CAC40 / Mar 22	7131.12
India Sensex / Mar 23	58237.40
Tokyo Nikkei / Mar 23	27437.56
Hang Seng / Mar 23	19839.01

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 23	70.15
Gold Spot USD/Ounce / Mar 23	1979.86
Cotton US¢/pound / Mar 23	78.84

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