News stories for Sohail Sarfraz

Sohail Sarfraz

Ministry's body to suggest guidelines on cigarette ads

Despite presence of existing rules/regulations for cigarette advertising, Ministry of National Health Services has now formed a sub-committee ffor suggesting new guidelines The meeting of Committee on Tobacco Advertisement Guidelines, held recently in the

Published 17 Feb, 2019 12:00am

NADRA record: FBR to have access to family tree database: expert

The Federal Board of Revenue (FBR) will have access to the family tree database of citizens maintained by NADRA to catch the dodgers and classify the property correctly as Benami under the Benami Transactions (Prohibition) Act 2017.

Published 17 Feb, 2019 12:00am

Renewal of licence: SECP Appellant Bench dismisses company's appeal

The Appellant Bench of the Securities and Exchange Commission of Pakistan (SECP) Thursday observed that any company's argument that its chief executive office (CEO) is out of the country and is facing serious family issues has no basis in the law, as it i

Published 15 Feb, 2019 12:00am

Markets

RD on import of over 43 items rationalized

The Federal Board of Revenue (FBR) has rationalised regulatory duty on imports of over 43 items including abolition of RD on the import of input materials used for manufacturing of auto parts by local vendors. The FBR has amended SRO 1255(I)/2018 through

Published 13 Feb, 2019 12:00am

Markets

RD on import of over 43 items rationalized

Published 13 Feb, 2019 12:00am

Markets

RD on import of over 43 items rationalized

Published 13 Feb, 2019 12:00am

Property, tobacco, retail sectors: TRC panel decides to improve taxation system

The high-powered committee of the Tax Reforms Commission under the chairmanship of Minister of State for Revenue, Muhammad Hammad Azhar Monday decided to improve the system for accurate valuation of immovable properties, expedite process of track and trac

Published 12 Feb, 2019 12:00am

Property, tobacco, retail sectors: TRC panel decides to improve taxation system

Published 12 Feb, 2019 12:00am

Property, tobacco, retail sectors: TRC panel decides to improve taxation system

Published 12 Feb, 2019 12:00am

High-risk customers: Companies must obtain approval from senior management: SECP

The Securities and Exchange Commission of Pakistan (SECP) has ruled that the companies shall obtain approval from their senior management to establish or continue business relations with high-risk customers, check sources of wealth/funds or beneficial own

Published 10 Feb, 2019 12:00am

High-risk customers: Companies must obtain approval from senior management: SECP

Published 10 Feb, 2019 12:00am

High-risk customers: Companies must obtain approval from senior management: SECP

Published 10 Feb, 2019 12:00am

AML/CFT regime: SECP tells entities to ensure strict compliance

The Securities and Exchange Commission of Pakistan (SECP) has directed regulated persons (securities brokers, commodities brokers, insurers, Takaful operators, non-banking finance companies (NBFCs) and Modarabas) to ensure strict compliance with anti-mone

Published 09 Feb, 2019 12:00am

AML/CFT regime: SECP tells entities to ensure strict compliance

Published 09 Feb, 2019 12:00am

AML/CFT regime: SECP tells entities to ensure strict compliance

Published 09 Feb, 2019 12:00am

Another request to Switzerland made: Azhar

Minister of State for Revenue Muhammad Hammad Azhar said on Thursday that the government is seeking foreign bank accounts data of Pakistanis from 10 more foreign tax jurisdictions including Switzerland under the Organisation for Economic Cooperation and D

Published 08 Feb, 2019 12:00am

Another request to Switzerland made: Azhar

Published 08 Feb, 2019 12:00am

Another request to Switzerland made: Azhar

Published 08 Feb, 2019 12:00am

Companies Act 2017: PBC recommends SECP to delete section 452

Pakistan Business Council (PBC) has recommended Securities and Exchange Policy Board of the Securities and Exchange Commission of Pakistan (SECP) to entirely delete section 452 (global registry) from the Companies Act 2017.

Published 07 Feb, 2019 12:00am

Benami Act will be made operational this week

Federal Board of Revenue (FBR) Monday announced that Benami Act will be made operational this week, empowering the government to confiscate all properties and bank accounts registered with a fictitious person. This was disclosed by FBR Member Inland Reven

Published 05 Feb, 2019 12:00am

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Jun 17 Dewan Sugar Mills Limited(DWSM)	4.00 ▲ 0.85 (26.98%)
First Pak Modaraba / Jun 17 First Pak Modaraba(PAKMI)	3.37 ▲ 0.69 (25.75%)
Chakwal Spinng / Jun 17 Chakwal Spinning Mills Limited(CWSM)	3.64 ▲ 0.71 (24.23%)
First Prud Mod. / Jun 17 First Prudential Modaraba(PMI)	2.50 ▲ 0.48 (23.76%)
Sally Tex. / Jun 17 Sally Textile Mills Limited(SLYT)	5.60 ▲ 1.00 (21.74%)
Kohinoor Sp. / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	5.72 ▲ 1.00 (21.19%)
Yousuf Weaving / Jun 17 Yousaf Weaving Mills Limited(YOUW)	6.00 ▲ 1.00 (20.00%)
Hira Tex. / Jun 17 Hira Textile Mills Limited(HIRAT)	4.70 ▲ 0.71 (17.79%)
Colony Textile / Jun 17 Colony Textile Mills Limited(CTM)	7.41 ▲ 1.00 (15.60%)
Dewan Farooq. Spin. / Jun 17 Dewan Farooque Spinning Mills Limited(DFSM)	3.54 ▲ 0.46 (14.94%)

Stock	Price
Dandot Cement / Jun 17 Dandot Cement Company Limited(DNCC)	16.18 ▲ -3.51 (-17.83%)
Sindh Modaraba / Jun 17 Sindh Modaraba(SINDM)	8.21 ▲ -0.79 (-8.78%)
Shadman Cotton / Jun 17 Shadman Cotton Mills Limited(SHCM)	25.90 ▲ -2.10 (-7.50%)
JS Inv. / Jun 17 JS Investments Limited(JSIL)	19.89 ▲ -1.61 (-7.49%)
Dadex Eternit / Jun 17 Dadex Eternit Limited(DADX)	38.87 ▲ -3.14 (-7.47%)
TPL Ins. / Jun 17 TPL Insurance Limited(TPLI)	28.25 ▲ -2.27 (-7.44%)
Allied Rental Mod / Jun 17 Allied Rental Modaraba(ARM)	9.50 ▲ -0.75 (-7.32%)
Sanghar / Jun 17 Sanghar Sugar Mills Limited(SANSM)	18.06 ▲ -1.37 (-7.05%)
Pak Gen. Ins. / Jun 17 The Pakistan General Insurance Co. Ltd.(PKGI)	3.70 ▲ -0.28 (-7.04%)
Leiner Gelatine / Jun 17 Leiner Pak Gelatine Limited(LPGL)	21.10 ▲ -1.56 (-6.88%)

Stock	Volume
K-Electric Ltd / Jun 17 K-Electric Limited(KEL)	114,063,500 ▼ 0.00
Worldcall / Jun 17 Worldcall Telecom Limited(WTL)	85,417,500 ▼ 0.00
Byco Petr. / Jun 17 Byco Petroleum Pakistan Limited(BYCO)	62,570,500 ▼ 0.00
Hascol Petroleum / Jun 17 Hascol Petroleum Limited(HASCOL)	52,339,744 ▼ 0.00
Ghani Global Glass / Jun 17 Ghani Global Glass Limited(GGGL)	32,856,500 ▼ 0.00
Azgard Nine / Jun 17 Azgard Nine Limited(ANL)	32,389,000 ▼ 0.00
Hum Network / Jun 17 Hum Network Limited(HUMNL)	29,360,000 ▼ 0.00
Ghani Global Hold. / Jun 17 Ghani Global Holdings Limited(GGL)	29,053,000 ▼ 0.00
Kohinoor Sp. / Jun 17 Kohinoor Spinning Mills Limited(KOSM)	26,055,000 ▼ 0.00
Pakistan Refinery / Jun 17 Pakistan Refinery Limited(PRL)	24,584,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	157.00
USD PKR Interbank Buying / Jun 16	156.90
USD to Japanese Yen / Jun 16	110.69
USD to Swiss Franc / Jun 16	0.91
Pound Sterling to USD / Jun 16	1.40
Euro to USD / Jun 16	1.20
UK LIBOR % / Jun 16	0.06

Stock	Volume
S&P 500 / Jun 16	4223.70
India Sensex / Jun 16	52501.98
Tokyo Nikkei / Jun 16	29291.01
Nasdaq / Jun 16	14039.68
Hang Seng / Jun 16	28436.84
FTSE 100 / Jun 16	7184.95
Dow Jones / Jun 16	34033.67
Germany DAX 30 / Jun 16	15710.57
France CAC40 / Jun 16	6652.65

Item	Value
Crude Oil / Jun 16	71.47
Karachi Cotton Assoc. / Jun 16	12300.00
Gold 10 Grams / Jun 16	89163.00
Gold Spot / Jun 16	1815.50
Cotton / Jun 16	85.95

Sohail Sarfraz

Ministry's body to suggest guidelines on cigarette ads

NADRA record: FBR to have access to family tree database: expert

Renewal of licence: SECP Appellant Bench dismisses company's appeal

RD on import of over 43 items rationalized

RD on import of over 43 items rationalized

RD on import of over 43 items rationalized

Property, tobacco, retail sectors: TRC panel decides to improve taxation system

Property, tobacco, retail sectors: TRC panel decides to improve taxation system

Property, tobacco, retail sectors: TRC panel decides to improve taxation system

High-risk customers: Companies must obtain approval from senior management: SECP

High-risk customers: Companies must obtain approval from senior management: SECP

High-risk customers: Companies must obtain approval from senior management: SECP

AML/CFT regime: SECP tells entities to ensure strict compliance

AML/CFT regime: SECP tells entities to ensure strict compliance

AML/CFT regime: SECP tells entities to ensure strict compliance

Another request to Switzerland made: Azhar

Another request to Switzerland made: Azhar

Another request to Switzerland made: Azhar

Companies Act 2017: PBC recommends SECP to delete section 452

Benami Act will be made operational this week

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