News stories for Sohail Sarfraz

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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

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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

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Foreign bank accounts: FBR likely to issue notices anytime soon

The Federal Board of Revenue (FBR) is in the process of establishing exact ownership of 160,000 foreign bank accounts purportedly owned by Pakistani nationals abroad through Organisation for Economic Co-operation and Development (OECD), it is learnt. Sour

Published 03 Feb, 2019 12:00am

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Foreign bank accounts: FBR likely to issue notices anytime soon

The Federal Board of Revenue (FBR) is in the process of establishing exact ownership of 160,000 foreign bank accounts purportedly owned by Pakistani nationals abroad through Organisation for Economic Co-operation and Development (OECD), it is learnt. Sour

Published 03 Feb, 2019 12:00am

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Foreign bank accounts: FBR likely to issue notices anytime soon

The Federal Board of Revenue (FBR) is in the process of establishing exact ownership of 160,000 foreign bank accounts purportedly owned by Pakistani nationals abroad through Organisation for Economic Co-operation and Development (OECD), it is learnt. Sour

Published 03 Feb, 2019 12:00am

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SECP directed to expedite steps to reduce over regulations

Securities and Exchange Policy Board Friday directed Securities and Exchange Commission of Pakistan (SECP) to expedite process of implementation of measures to reduce over-regulations as well as fee charged by the commission substantially.

Published 02 Feb, 2019 12:00am

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FBR issues new procedure for mobile devices imported illegally

The Federal Board of Revenue (FBR) has issued a new procedure for registration of mobile devices brought into Pakistan by international travellers and imported illegally through informal channels by local traders. The FBR has issued separate procedures fo

Published 30 Jan, 2019 12:00am

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Legal framework''s overhaul sought: CCP recommends setting up of real estate regulatory body

The Competition Commission of Pakistan (CCP) Monday recommended the establishment of a ''Real Estate Regulatory Body'' and a complete overhaul of the existing legal framework covering the real estate sector to protect the interests of all stakeholders, pa

Published 29 Jan, 2019 12:00am

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Legal framework's overhaul sought: CCP recommends setting up of real estate regulatory body

The Competition Commission of Pakistan (CCP) Monday recommended the establishment of a 'Real Estate Regulatory Body' and a complete overhaul of the existing legal framework covering the real estate sector to protect the interests of all stakeholders, part

Published 29 Jan, 2019 12:00am

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Legal framework's overhaul sought: CCP recommends setting up of real estate regulatory body

The Competition Commission of Pakistan (CCP) Monday recommended the establishment of a 'Real Estate Regulatory Body' and a complete overhaul of the existing legal framework covering the real estate sector to protect the interests of all stakeholders, part

Published 29 Jan, 2019 12:00am

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Orders passed by president reversed by high courts

Office of the President of Pakistan has been accused of directing the Federal Board of Revenue (FBR) employees of filing further appeals and defend cases in higher judicial forums where orders passed by the President as appellate authority under Federal T

Published 28 Jan, 2019 12:00am

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Can non-filers purchase imported vehicles?

Tax experts have questioned whether the non-filers of income tax returns are now eligible to purchase imported vehicles, irrespective of engine capacity after amendment introduced in the Finance Supplementary (Second Amendment) Bill, 2019.

Published 27 Jan, 2019 12:00am

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Can non-filers purchase imported vehicles?

Tax experts have questioned whether the non-filers of income tax returns are now eligible to purchase imported vehicles, irrespective of engine capacity after amendment introduced in the Finance Supplementary (Second Amendment) Bill, 2019.

Published 27 Jan, 2019 12:00am

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Can non-filers purchase imported vehicles?

Tax experts have questioned whether the non-filers of income tax returns are now eligible to purchase imported vehicles, irrespective of engine capacity after amendment introduced in the Finance Supplementary (Second Amendment) Bill, 2019.

Published 27 Jan, 2019 12:00am

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Foreign companies'' registration: SECP specifies additional requirements

The Securities and Exchange Commission of Pakistan (SECP) has specified additional requirements/documentation for registration of foreign companies intended to operate in Pakistan. According to Companies (Incorporation) Regulations, 2017 issued by the SEC

Published 26 Jan, 2019 12:00am

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Foreign companies' registration: SECP specifies additional requirements

The Securities and Exchange Commission of Pakistan (SECP) has specified additional requirements/documentation for registration of foreign companies intended to operate in Pakistan. According to Companies (Incorporation) Regulations, 2017 issued by the SEC

Published 26 Jan, 2019 12:00am

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Foreign companies' registration: SECP specifies additional requirements

The Securities and Exchange Commission of Pakistan (SECP) has specified additional requirements/documentation for registration of foreign companies intended to operate in Pakistan. According to Companies (Incorporation) Regulations, 2017 issued by the SEC

Published 26 Jan, 2019 12:00am

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Offshore assets: Amendment not amnesty scheme: Azhar

Minister of State on Revenue Hammad Azhar said Thursday that the amendment made in the Income Tax Ordinance 2001 through Finance Supplementary (Second Amendment) Bill, 2019 relating to the provisional assessment of offshore assets discovered is not an amn

Published 25 Jan, 2019 12:00am

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Offshore assets: Amendment not amnesty scheme: Azhar

Minister of State on Revenue Hammad Azhar said Thursday that the amendment made in the Income Tax Ordinance 2001 through Finance Supplementary (Second Amendment) Bill, 2019 relating to the provisional assessment of offshore assets discovered is not an amn

Published 25 Jan, 2019 12:00am

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Offshore assets: Amendment not amnesty scheme: Azhar

Minister of State on Revenue Hammad Azhar said Thursday that the amendment made in the Income Tax Ordinance 2001 through Finance Supplementary (Second Amendment) Bill, 2019 relating to the provisional assessment of offshore assets discovered is not an amn

Published 25 Jan, 2019 12:00am

Stock	Price
786 Investments / Jun 17 786 Investments Limited(786)	10.69 ▼ 0.00 (0.00%)
AL- Abbas / Jun 17 Al-Abbas Sugar Mills Limited(AABS)	361.99 ▼ 0.00 (0.00%)
Agro Allianz / Jun 17 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 17 Allied Bank Limited(ABL)	71.18 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 17 Abbott Laboratories (Pakistan) Limited(ABOT)	791.01 ▼ 0.00 (0.00%)
Abson Ind. / Jun 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jun 17 Attock Cement Pakistan Limited(ACPL)	178.88 ▼ 0.00 (0.00%)
Adam Sugar / Jun 17 Adam Sugar Mills Limited(ADAMS)	28.50 ▼ 0.00 (0.00%)

Stock	Price
786 Investments / Jun 17 786 Investments Limited(786)	10.69 ▼ 0.00 (0.00%)
AL- Abbas / Jun 17 Al-Abbas Sugar Mills Limited(AABS)	361.99 ▼ 0.00 (0.00%)
Agro Allianz / Jun 17 Agro Allianz limited(AAL)	11.10 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 17 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 17 Allied Bank Limited(ABL)	71.18 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 17 Abbott Laboratories (Pakistan) Limited(ABOT)	791.01 ▼ 0.00 (0.00%)
Abson Ind. / Jun 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Attock Cement / Jun 17 Attock Cement Pakistan Limited(ACPL)	178.88 ▼ 0.00 (0.00%)
Adam Sugar / Jun 17 Adam Sugar Mills Limited(ADAMS)	28.50 ▼ 0.00 (0.00%)

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

Benami Act will be made operational this week

Benami Act will be made operational this week

Foreign bank accounts: FBR likely to issue notices anytime soon

Foreign bank accounts: FBR likely to issue notices anytime soon

Foreign bank accounts: FBR likely to issue notices anytime soon

SECP directed to expedite steps to reduce over regulations

FBR issues new procedure for mobile devices imported illegally

Legal framework''s overhaul sought: CCP recommends setting up of real estate regulatory body

Legal framework's overhaul sought: CCP recommends setting up of real estate regulatory body

Legal framework's overhaul sought: CCP recommends setting up of real estate regulatory body

Orders passed by president reversed by high courts

Can non-filers purchase imported vehicles?

Can non-filers purchase imported vehicles?

Can non-filers purchase imported vehicles?

Foreign companies'' registration: SECP specifies additional requirements

Foreign companies' registration: SECP specifies additional requirements

Foreign companies' registration: SECP specifies additional requirements

Offshore assets: Amendment not amnesty scheme: Azhar

Offshore assets: Amendment not amnesty scheme: Azhar

Offshore assets: Amendment not amnesty scheme: Azhar

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