News stories for Sohail Sarfraz

Sohail Sarfraz

Business & Finance

FBR grants relief from WHT on NTC services

ISLAMABAD: The Federal Board of Revenue (FBR) has granted exemption from withholding tax on services provided by the...

Updated 16 Feb, 2021 09:32am

Pakistan

PFMs allowed to digitally open individual pension accounts

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has allowed Pension Fund Managers (PFMs) to...

Published 15 Feb, 2021 04:53am

Business

Key sectors: PCA Islamabad detects Rs3.1bn tax evasion

ISLAMABAD: The Directorate of Post Clearance Audit, Islamabad has made huge detections of Rs 3.1 billion in key...

Published 15 Feb, 2021 04:53am

Tax Laws Amendment Ord 2021 promulgated

ISLAMABAD: The government has promulgated Tax Laws Amendment Ordinance 2021 to introduce measures to facilitate...

Published 15 Feb, 2021 04:53am

Business & Finance

Non-compliant withholding agents: FTO orders FBR to initiate proceedings

ISLAMABAD: Federal Tax Ombudsman (FTO) Mushtaq Ahmad Sukhera has directed the Federal Board of Revenue (FBR) to...

Published 15 Feb, 2021 04:53am

Tax Law Amend Ord, 2021: NRPs to be facilitated to open ‘NRVAs’

ISLAMABAD: The Tax Law Amendment Ordinance, 2021, would introduce measures to facilitate non-resident Pakistanis to...

Updated 14 Feb, 2021 10:00am

Electronic mode of serving notice: FBR withdraws legal clarification of 2018

ISLAMABAD: The Federal Board of Revenue (FBR) has withdrawn a legal clarification of 2018 in which electronic mode ...

Published 13 Feb, 2021 04:11am

FBR surpasses 7-month revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) has surpassed the assigned revenue collection target of Rs2,550 ...

Published 13 Feb, 2021 04:11am

Step aimed at increased revenue generation approved by Hafeez

ISLAMABAD: The finance minister accorded approval to the establishment of “Tax Policy Unit” under the...

Updated 12 Feb, 2021 09:35am

Business & Finance

FBR asked to provide fiscal incentives to farmers

ISLAMABAD: A parliamentary panel has recommended the Federal Board of Revenue (FBR) to provide fiscal incentives to...

Updated 12 Feb, 2021 11:46pm

Business & Finance

Video-analytics surveillance of sugar production lines: FBR issues evaluation criteria for selection of a vendor

ISLAMABAD: The Federal Board of Revenue (FBR) has issued evaluation criteria for selection of one vendor to install...

Updated 12 Feb, 2021 11:48pm

FBR against proposed restoration of zero-rating regime

ISLAMABAD: The Federal Board of Revenue (FBR) has taken a major policy decision of not reverting back to sales tax...

Updated 12 Feb, 2021 09:28am

FBR issues new system for electronic IT refunds

ISLAMABAD: The Centralized Income Tax Refund Office (CITRO) of the Federal Board of Revenue (FBR) will generate...

Published 11 Feb, 2021 04:34am

Business

Grey areas: FBR finalising viewpoint on papers developed by provincial revenue authorities

ISLAMABAD: The Federal Board of Revenue (FBR) is finalising its viewpoint on the concept papers developed by the...

Published 11 Feb, 2021 04:34am

Pakistan

Govt to notify Governing Council of PSW project

ISLAMABAD: The federal government would notify a Governing Council of Pakistan Single Window (PSW) project to act as...

Published 10 Feb, 2021 04:12am

FBR reviews fertilizer sector’s tax exemption proposal

ISLAMABAD: The Federal Board of Revenue (FBR) is reviewing a proposal of the fertiliser sector to grant exemption...

Published 10 Feb, 2021 04:12am

Business

Tax exemptions: Experts suggest recipe for getting rid of SROs

ISLAMABAD: The only way to get rid of the Statutory Regulatory Orders (SROs) of the Federal Board of Revenue (FBR) ...

Published 09 Feb, 2021 04:43am

Cross-border movement of goods: FBR to allow CCS subscribers to get enrolled in PSW

ISLAMABAD: The Federal Board of Revenue (FBR) has decided to allow the subscribers of the Customs Computerized ...

Published 09 Feb, 2021 04:43am

Business

FBR’s major facilitative measure: Taxpayers, tax advisors begin taking benefit

ISLAMABAD: The taxpayers and tax advisors have started taking benefit of the Federal Board of Revenue (FBR)’s ...

Published 08 Feb, 2021 03:46am

Presidential Ordinance: Corporate sector IT exemptions may be withdrawn

ISLAMABAD: The government is likely to withdraw the corporate sector income tax exemptions through a Presidential...

Published 07 Feb, 2021 04:07am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▼ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▼ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▼ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 9 786 Investments Limited(786)	5.50 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 9 Al-Abbas Sugar Mills Limited(AABS)	462.50 ▲ 0.00 (0.00%)
Agro Allianz / Jun 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 9 Allied Bank Limited(ABL)	67 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 9 Abbott Laboratories (Pakistan) Limited(ABOT)	396.99 ▲ 0.00 (0.00%)
Abson Ind. / Jun 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 9 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▲ 0.00 (0.00%)
Attock Cement / Jun 9 Attock Cement Pakistan Limited(ACPL)	82.45 ▲ 0.00 (0.00%)

Stock	Volume
Unity Foods Ltd / Jun 9 Unity Foods Limited(UNITY)	28,723,523 ▲ 0.00
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	17,617,018 ▲ 0.00
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	15,788,641 ▲ 0.00
Pak Refinery / Jun 9 Pakistan Refinery Limited(PRL)	9,600,621 ▲ 0.00
P.I.A.C.(A) / Jun 9 Pakistan International Airlines Corp(PIAA)	8,850,500 ▲ 0.00
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	6,660,000 ▲ 0.00
Fauji Foods Ltd / Jun 9 Fauji Foods Limited(FFL)	6,382,956 ▲ 0.00
Hascol Petrol / Jun 9 Hascol Petroleum Limited(HASCOL)	6,313,500 ▲ 0.00
Telecard Limited / Jun 9 Telecard Limited(TELE)	5,453,799 ▲ 0.00
Fauji Cement / Jun 9 Fauji Cement Company Limited(FCCL)	4,608,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

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