News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

‘Underhand’ vehicle auction: President endorses recommendations of FTO

ISLAMABAD: The President of Pakistan has endorsed the recommendations of the Federal Tax Ombudsman (FTO) for...

Published 25 Oct, 2023 06:19am

Pakistan

Fighting cartelism: CCP brings enforcement, policy actions under focus

ISLAMABAD: The Competition Commission of Pakistan (CCP) is diligently focusing on enforcement and policy actions,...

Published 24 Oct, 2023 05:05am

Markets

New customs values on import of iron wire net/mesh, stainless steel wire net/mesh

ISLAMABAD: Directorate General of Customs Valuation Karachi has issued new customs values on the import of iron wire...

Published 24 Oct, 2023 05:05am

Recovery of CVT under Finance Act 2022: Taxmen’s orders are without jurisdiction: former FBR chief

ISLAMABAD: All the orders passed by the taxation officers/Inland Revenue officers for the recovery of Capital Value...

Updated 24 Oct, 2023 09:38am

Business & Finance

New customs values on import of fresh flowers fixed

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

Published 24 Oct, 2023 05:05am

Business & Finance

Immovable properties in the UAE, UK: Rental income of resident Pakistanis taxable in country: expert

ISLAMABAD: The rental income of resident Pakistanis, having immovable properties in the United Kingdom (UK) and...

Updated 23 Oct, 2023 10:21am

Telecom sector: FBR to implement single portal for ST return filing

ISLAMABAD: The Federal Board of Revenue (FBR) will implement a single portal for filing of single sales tax returns...

Updated 22 Oct, 2023 05:47pm

ST refund claims: Exporters irked by manual processing

ISLAMABAD: The exporters, except five export-oriented sectors, will now have to approach tax officers for manual...

Updated 22 Oct, 2023 10:38pm

Restriction imposed by FBR: Traders facing issues while filing sales tax returns

ISLAMABAD: The importers and traders are facing serious technical problems in filing of sales tax returns due to...

Updated 21 Oct, 2023 09:47am

Pakistan

Movie ‘Transcendent’ offers poignant portrayal of challenges faced by taxmen

ISLAMABAD: A compelling short commercial movie, “Transcendent” underscores the critical requirement for tax...

Published 20 Oct, 2023 05:17am

FBR, Nadra agree to exchange taxpayers’ data

ISLAMABAD: The Federal Board of Revenue (FBR) and the National Database and Registration Authority (Nadra) have...

Updated 20 Oct, 2023 09:02am

Business & Finance

SECP issues acceptable quantitative tolerance levels for Shariah screening

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued acceptable quantitative tolerance...

Published 20 Oct, 2023 05:17am

Pakistan

Bank accounts attachment: LHC tells AGP to give an update on action against FBR officials

ISLAMABAD: Lahore High Court (LHC) has directed the attorney general for Pakistan (AGP) to update on disciplinary...

Published 20 Oct, 2023 05:17am

Business & Finance

SECP issues updated AML, CFT and CPF Regulations, 2020

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has issued new requirements applicable to the...

Published 20 Oct, 2023 05:17am

ERS or STARR system: Taxpayers allowed to file non-export-related GST refunds

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed taxpayers to file non-export-related sales tax refunds,...

Updated 19 Oct, 2023 09:36am

Pakistan

Tax laws teaching: FTO office and COMSATS University ink MoU

ISLAMABAD: The Federal Tax Ombudsman (FTO) and COMSATS University, Islamabad, have signed a memorandum of...

Published 19 Oct, 2023 05:10am

Business & Finance

LTO Islamabad directs banks to attach USC accounts

ISLAMABAD: Large Taxpayer Office (LTO) Islamabad has directed banks to attach bank accounts of the Utility Stores...

Published 18 Oct, 2023 06:09am

Anti-Benami Adjudicating Authority becomes dysfunctional

ISLAMABAD: The Anti-Benami Adjudicating Authority has become dysfunctional and cannot adjudicate/finalise references...

Updated 18 Oct, 2023 08:43am

Business & Finance

Tax recovery: FTO directs FBR to conduct WHT audit of NHA for TY23

ISLAMABAD: Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah in a landmark order has directed the Federal Board of...

Published 18 Oct, 2023 06:09am

Business & Finance

FBR creates new post of Member (Digital Initiatives)

ISLAMABAD: The Federal Board of Revenue (FBR) has created a new post of the Member (Digital Initiatives) to...

Published 17 Oct, 2023 06:41am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 6 786 Investments Limited(786)	5.87 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 6 Al-Abbas Sugar Mills Limited(AABS)	518.38 ▼ 0.00 (0.00%)
Agro Allianz / Dec 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 6 Allied Bank Limited(ABL)	84.74 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 6 Abbott Laboratories (Pakistan) Limited(ABOT)	480 ▼ 0.00 (0.00%)
Abson Ind. / Dec 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 6 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 6 Attock Cement Pakistan Limited(ACPL)	103.28 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 6 786 Investments Limited(786)	5.87 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 6 Al-Abbas Sugar Mills Limited(AABS)	518.38 ▲ 0.00 (0.00%)
Agro Allianz / Dec 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 6 Allied Bank Limited(ABL)	84.74 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 6 Abbott Laboratories (Pakistan) Limited(ABOT)	480 ▲ 0.00 (0.00%)
Abson Ind. / Dec 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 6 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 6 Attock Cement Pakistan Limited(ACPL)	103.28 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Dec 6 Cnergyico PK Limited(CNERGY)	82,309,654 ▲ 0.00
Pak Refinery / Dec 6 Pakistan Refinery Limited(PRL)	53,701,236 ▲ 0.00
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	37,662,460 ▲ 0.00
P.T.C.L. / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	36,098,500 ▲ 0.00
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	31,493,000 ▲ 0.00
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	31,154,943 ▲ 0.00
Pak Petroleum / Dec 6 Pakistan Petroleum Limited(PPL)	26,934,622 ▲ 0.00
Fauji Cement / Dec 6 Fauji Cement Company Limited(FCCL)	23,813,500 ▲ 0.00
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	21,786,544 ▲ 0.00
National Bank / Dec 6 National Bank of Pakistan(NBP)	16,987,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 5	284.60
USD PKR Interbank Buying / Dec 5	284.20
USD to Japanese Yen / Dec 5	146.80
USD to Swiss Franc / Dec 5	0.87
Pound Sterling to USD / Dec 5	1.26
Euro to USD / Dec 5	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
Nasdaq / Dec 4	14185.50
Dow Jones / Dec 4	36204.44
India Sensex / Dec 5	69356.82
Tokyo Nikkei / Dec 5	32782.14
Hang Seng / Dec 5	16405.25
FTSE 100 / Dec 5	7475.73
Germany DAX 30 / Dec 5	16399.89
France CAC40 / Dec 5	7341.86

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 4	191701
Crude Oil USD/Barrel / Dec 5	73
Gold Spot USD/Ounce / Dec 5	2033.31
Cotton US¢/pound / Dec 5	78.78

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