News stories for Sohail Sarfraz

Sohail Sarfraz

Undeclared assets/income: PM vows action against those not availing amnesty

Prime Minister Imran Khan on Tuesday vowed action after June 30, 2019 against those individuals who despite owing undeclared assets/income would not avail the Asset Declaration Scheme-2019. The Prime Minister chaired a preparatory meeting for budget 2019-

Published 05 Jun, 2019 12:00am

Textile industry representatives meet Hammad, Shabbar: 'withdrawal of ST zero-rating to encourage smuggling'

Textile industry Monday conveyed to State Minister for Revenue Hammad Azhar and the Federal Board of Revenue (FBR) that the withdrawal of sales tax zero-rating would result in massive smuggling of textile items and raise liquidity crunch up to Rs 700 bill

Published 04 Jun, 2019 12:00am

Textile industry representatives meet Hammad, Shabbar: ''''withdrawal of ST zero-rating to encourage smuggling''''

Published 04 Jun, 2019 12:00am

Textile industry representatives meet Hammad, Shabbar: ''withdrawal of ST zero-rating to encourage smuggling''

Published 04 Jun, 2019 12:00am

Textile industry representatives meet Hammad, Shabbar: 'withdrawal of ST zero-rating to encourage smuggling'

Published 04 Jun, 2019 12:00am

Markets

PNSW governing council to be established: government seeks to simplify cross-border trade processes

The government will establish Pakistan National Single Window (PNSW) governing council under the proposed Pakistan National Single Window Act, 2019 to simplify cross-border trade processes, reduce cost of doing business and facilitate trade on national an

Published 03 Jun, 2019 12:00am

Markets

PNSW governing council to be established: government seeks to simplify cross-border trade processes

Published 03 Jun, 2019 12:00am

Health tax on cigarettes may encourage smuggling and illicit trade

The government's tax policy to simultaneously increase Federal Excise Duty (FED) and impose Health Tax on cigarettes would increase the incidence of taxes to record level on tobacco sector, increasing smuggling as well as illicit trade of cigarettes in 20

Published 03 Jun, 2019 12:00am

Markets

PNSW governing council to be established: government seeks to simplify cross-border trade processes

Published 03 Jun, 2019 12:00am

FBR asks banks to pursue account holders to avail scheme

The Federal Board of Revenue (FBR) has requested the banks to pursue their customers/account holders to avail the Assets Declaration Scheme-2019 in cases where the accountholders have balance of Rs 500,000 as on April 30, 2019 and the account has not been

Published 02 Jun, 2019 12:00am

FBR asks banks to pursue account holders to avail scheme

Published 02 Jun, 2019 12:00am

FBR asks banks to pursue account holders to avail scheme

Published 02 Jun, 2019 12:00am

FBR chief informs PM about flaws in taxation system

Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has informed Prime Minister Imran Khan that serious flaws in the taxation policy have resulted in substantial accumulation of untaxed wealth. In this regard, the FBR has communicated points to the Prim

Published 01 Jun, 2019 12:00am

FBR chief informs PM about flaws in taxation system

Published 01 Jun, 2019 12:00am

FBR chief informs PM about flaws in taxation system

Published 01 Jun, 2019 12:00am

Benami accounts: CFOs of banks meet FBR chief

Chairman Federal Board of Revenue (FBR) Shabbar Zaidi called a meeting of Chief Financial Officers (CFOs) of banks here at FBR House and discussed provision of information of Benami accounts along with information that is required to be filed under sectio

Published 31 May, 2019 12:00am

Gainers
Losers
Leaders

Stock	Price
Pak Gen. Ins. / Sep 23 The Pakistan General Insurance Co. Ltd.(PKGI)	5.20 ▲ 1.00 (23.81%)
Tri-Star / Sep 23 Tri-Star Mutual Fund Limited(TSMF)	6.80 ▲ 0.90 (15.25%)
First Equity Mod. / Sep 23 First Equity Modaraba(FEM)	7.38 ▲ 0.69 (10.31%)
Samba Bank / Sep 23 Samba Bank Limited(SBL)	10.82 ▲ 1.00 (10.18%)
First Fid. Leas. / Sep 23 First Fidelity Leasing Modaraba(FFLM)	4.50 ▲ 0.41 (10.02%)
Sapphire Fib. / Sep 23 Sapphire Fibres Limited(SFL)	860.00 ▲ 60.00 (7.50%)
Abbott Lab. / Sep 23 Abbott Laboratories (Pakistan) Limited(ABOT)	797.00 ▲ 55.54 (7.49%)
Huffaz Pipe / Sep 23 Huffaz Seamless Pipe Industries Limited(HSPI)	24.86 ▲ 1.73 (7.48%)
Crescent Cotton / Sep 23 Crescent Cotton Mills Limited(CCM)	57.00 ▲ 3.90 (7.34%)
Data Agro / Sep 23 Data Agro Limited(DAAG)	22.99 ▲ 1.56 (7.28%)

Stock	Price
First IBL Mod. / Sep 23 First IBL Modaraba(FIBLM)	4.15 ▲ -0.75 (-15.31%)
Pak. P.V.C. / Sep 23 Pakistan PVC Limited(PPVC)	6.16 ▲ -1.00 (-13.97%)
Universal Ins. / Sep 23 The Universal Insurance Company Limited(UVIC)	4.53 ▲ -0.72 (-13.71%)
Colony Textile / Sep 23 Colony Textile Mills Limited(CTM)	5.29 ▲ -0.70 (-11.69%)
Nazir Cotton / Sep 23 Nazir Cotton Mills Limited(NCML)	7.50 ▲ -0.88 (-10.50%)
Ist Paramount / Sep 23 First Paramount Modaraba(FPRM)	6.40 ▲ -0.75 (-10.49%)
Pak Gulf Leas. / Sep 23 Pak-Gulf Leasing Company Limited(PGLC)	5.11 ▲ -0.59 (-10.35%)
Pervez Ahmed Cons. / Sep 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.22 ▲ -0.12 (-8.96%)
Pak. Int. Airlines (A) / Sep 23 Pakistan International Airlines Corporation Limited (A)(PIAA)	4.38 ▲ -0.41 (-8.56%)
Dewan Farooque Motors / Sep 23 Dewan Farooque Motors Limited(DFML)	7.56 ▲ -0.69 (-8.36%)

Stock	Volume
Worldcall / Sep 23 Worldcall Telecom Limited(WTL)	89,101,500 ▼ 0.00
Hum Network / Sep 23 Hum Network Limited(HUMNL)	29,207,500 ▼ 0.00
Telecard Ltd. / Sep 23 Telecard Limited(TELE)	23,359,500 ▼ 0.00
Treet Corp. / Sep 23 Treet Corporation Limited(TREET)	18,751,500 ▼ 0.00
Byco Petroleum / Sep 23 Byco Petroleum Pakistan Limited(BYCO)	13,812,000 ▼ 0.00
Unity Foods / Sep 23 Unity Foods Limited(UNITY)	13,282,469 ▼ 0.00
K-Electric Ltd / Sep 23 K-Electric Limited(KEL)	13,154,500 ▼ 0.00
Bank of Punjab / Sep 23 The Bank of Punjab(BOP)	11,131,500 ▼ 0.00
TPL Properties / Sep 23 TPL Properties Limited(TPLP)	10,785,000 ▼ 0.00
TPL Corp / Sep 23 TPL Corp Limited(TPL)	10,767,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 22	168.70
USD PKR Interbank Buying / Sep 22	168.60
USD to Japanese Yen / Sep 22	109.78
USD to Swiss Franc / Sep 22	0.93
Pound Sterling to USD / Sep 22	1.36
Euro to USD / Sep 22	1.17
UK LIBOR % / Sep 22	0.07

Stock	Volume
S&P 500 / Sep 22	4395.64
India Sensex / Sep 22	58927.33
Tokyo Nikkei / Sep 22	29639.40
Nasdaq / Sep 22	14896.85
Hang Seng / Sep 22	24221.54
FTSE 100 / Sep 22	7083.37
Dow Jones / Sep 22	34258.32
Germany DAX 30 / Sep 22	15506.74
France CAC40 / Sep 22	6637.00

Item	Value
Crude Oil / Sep 22	71.98
Karachi Cotton Assoc. / Sep 22	12880.00
Gold 10 Grams / Sep 22	94700.00
Gold Spot / Sep 22	1767.66
Cotton / Sep 22	90.87

Sohail Sarfraz

Undeclared assets/income: PM vows action against those not availing amnesty

Textile industry representatives meet Hammad, Shabbar: 'withdrawal of ST zero-rating to encourage smuggling'

Textile industry representatives meet Hammad, Shabbar: ''''withdrawal of ST zero-rating to encourage smuggling''''

Textile industry representatives meet Hammad, Shabbar: ''withdrawal of ST zero-rating to encourage smuggling''

Textile industry representatives meet Hammad, Shabbar: 'withdrawal of ST zero-rating to encourage smuggling'

PNSW governing council to be established: government seeks to simplify cross-border trade processes

PNSW governing council to be established: government seeks to simplify cross-border trade processes

Health tax on cigarettes may encourage smuggling and illicit trade

PNSW governing council to be established: government seeks to simplify cross-border trade processes

FBR asks banks to pursue account holders to avail scheme

FBR asks banks to pursue account holders to avail scheme

FBR asks banks to pursue account holders to avail scheme

FBR chief informs PM about flaws in taxation system

FBR chief informs PM about flaws in taxation system

FBR chief informs PM about flaws in taxation system

Benami accounts: CFOs of banks meet FBR chief

Benami accounts: CFOs of banks meet FBR chief

Benami accounts: CFOs of banks meet FBR chief

Government mulling abolishing number of withholding taxes

Government mulling abolishing number of withholding taxes

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