News stories for Zaheer Abbasi

Zaheer Abbasi

Imported sugar to get costlier on surge in global prices

Meeting of the ECC informed that imported sugar would cost approximately Rs104 per kg against the current retail market price of Rs98 per kg

Updated 10 Jul, 2021 11:16am

Criticality of higher tax collection stressed

PM Imran expresses hope collection would increase as govt tries to restore confidence that tax would be spent on them
Says manufacturing e-bikes is a futuristic and positive step

Updated 09 Jul, 2021 10:24am

‘FBR must introduce law to jail errant taxmen’

ISLAMABAD: The Senate Standing Committee on Finance Wednesday directed the Federal Board of Revenue (FBR) to...

Updated 08 Jul, 2021 03:07pm

Essential commodities: Govt sees decline in prices

Minister for Information and Broadcasting Fawad Chaudhary says $1.121 billion debt relief provided by the G-20 has been rescheduled, while $1.05 billion is expected to be rescheduled in the ongoing month

Updated 07 Jul, 2021 08:22am

With food security at stake, PM tells farmers govt determined to boost agri output

Research-based information and use of technology crucial, says prime minister

Updated 02 Jul, 2021 08:31am

Over Rs25m tax liability: Action would be considered: Tarin

ISLAMABAD: Finance Minister Shaukat Tarin on Tuesday said the government would go after the wilful tax defaulters as...

Published 30 Jun, 2021 03:54am

ECC takes decisions on sugar, cotton

Approves tender for import of 100,000 tons of sugar
Constitutes committee to help increase cotton production in the next fiscal year
Also directs Petroleum Division, Finance Division, and PSO to provide a timeframe for payment of outstanding dues to PNSC

Updated 29 Jun, 2021 12:11pm

PM says tourism sector has great potential as big money earner

ISLAMABAD: Prime Minister Imran Khan said, on Saturday, that tourism sector would be a big money earner for the...

Published 27 Jun, 2021 03:56am

Anti-money laundering action plan now one more requirement: Pakistan remains on FATF grey list

ISLAMABAD: The Financial Action Task Force (FATF) has announced to retain Pakistan on its “grey list” and given...

Published 26 Jun, 2021 03:24am

Budget described as ‘hope for all tiers of society’

ISLAMABAD: While terming the budget for the next fiscal year as hope for all the tiers of society, Finance Minister...

Updated 26 Jun, 2021 01:11pm

Tarin explains IMF challenge

Finance minister says Pakistan presented alternate plan and Fund accepted that it possessed weightage
Adds powers to arrest willful tax defaulters would rest with him and FBR chairman

Updated 25 Jun, 2021 12:34pm

Finance Bill, Sec 233A of income tax law: Suggestions finalised by Senate body

ISLAMABAD: The Senate Standing Committee on Finance has finalised its recommendations to the Finance Bill, 2021-22,...

Updated 24 Jun, 2021 12:01pm

ECC approves Rs300m allocation for three joint border markets in Balochistan

In the first phase, it was directed that two pilot projects at Gabd and Mond in Balochistan have to be executed

Updated 24 Jun, 2021 11:41am

Pakistan

Senate body for suspension of export development fund

ISLAMABAD: The Senate Standing Committee on Finance has recommended suspension of export development fund for a...

Published 23 Jun, 2021 04:26am

Pakistan

Incorporating in Finance Bill: NA body to suggest recommendations to Tarin

ISLAMABAD: The National Assembly Standing Committee on Finance and Revenue has begun – for the first time – ...

Published 23 Jun, 2021 04:26am

Business

Construction sector: FBR rules out new tax amnesty scheme for contractors

ISLAMABAD: The Federal Board of Revenue (FBR) has ruled out the possibility of any fresh tax amnesty scheme for...

Published 23 Jun, 2021 04:26am

Govt takes major step towards promoting Islamic Banking

Cabinet approves ministry of finance's summary on issuance of Sukuks
Islamabad-Peshawar Motorway among others as well as major airports suggested for mortgage purposes

Updated 23 Jun, 2021 12:10pm

Pakistan

Salaries of government employees: Senate body suggests 10pc to 20pc hike

ISLAMABAD: The Senate Standing Committee on Finance has unanimously recommended to the government to raise salaries...

Published 22 Jun, 2021 04:46am

Pakistan

Senate body concerned over ‘exaggerated’ Rs1500bn tax demands

ISLAMABAD: The Senate Standing Committee on Finance expressed serious concern over the exaggerated tax demands of Rs...

Published 22 Jun, 2021 04:46am

Business

FBR informs Senate body: 17pc ST imposed on crude oil an adjustable tax

ISLAMABAD: The Federal Board of Revenue (FBR), Monday, informed the Senate Standing Committee on Finance that the 17...

Published 22 Jun, 2021 04:46am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Cotton US¢/pound / May 10	78.18
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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