News stories for Sohail Sarfraz & Zaheer Abbasi - Business Recorder

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اردو

Jun 01, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Sohail Sarfraz & Zaheer Abbasi

‘Issue of declaring production/transmission of electricity as ‘goods’ must be referred to CCI’

Business & Finance

‘Issue of declaring production/transmission of electricity as ‘goods’ must be referred to CCI’

ISLAMABAD: The Senate Standing Committee on Finance has recommended that the issue of declaring...

Published 15 Jun, 2022 08:22am

Businesspeople to be insulated from NAB activism

Print

Businesspeople to be insulated from NAB activism

Prime Minister Imran Khan has assured the business community that the government has prepared a strategy to resolve businessmen's concerns with respect to National Accountability Bureau (NAB) and a review committee would be constituted having members from

Published 04 Oct, 2019 12:00am

Businesspeople to be insulated from NAB activism

Print

Businesspeople to be insulated from NAB activism

Prime Minister Imran Khan has assured the business community that the government has prepared a strategy to resolve businessmen's concerns with respect to National Accountability Bureau (NAB) and a review committee would be constituted having members from

Published 04 Oct, 2019 12:00am

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

Print

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

The government has decided to impose a standard rate of 17 percent sales tax on the five export-oriented sectors - textile leather, carpets, surgical and sports goods to mobilize Rs 75-80 billion additional revenue in the budget for next fiscal year.

Published 28 May, 2019 12:00am

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

Print

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

The government has decided to impose a standard rate of 17 percent sales tax on the five export-oriented sectors - textile leather, carpets, surgical and sports goods to mobilize Rs 75-80 billion additional revenue in the budget for next fiscal year.

Published 28 May, 2019 12:00am

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

Print

Five export sectors: 17 percent GST to be levied to mobilize additional Rs 75-80 billion

The government has decided to impose a standard rate of 17 percent sales tax on the five export-oriented sectors - textile leather, carpets, surgical and sports goods to mobilize Rs 75-80 billion additional revenue in the budget for next fiscal year.

Published 28 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

PM tells forex dealers: Don't sell dollar at higher than market rates

Markets

PM tells forex dealers: Don't sell dollar at higher than market rates

Prime Minister Imran Khan on Wednesday chaired a meeting with exchange currency association of Pakistan and decided that action would be taken against any exchange company that sells dollars at higher than the market rates. According to sources, Prime Min

Published 16 May, 2019 12:00am

Need stressed for regular meetings of TPB

Print

Need stressed for regular meetings of TPB

Tax Policy Board (TPB), a long standing demand of the business community, was set up in February this year in the Finance Division, has met only once, informed sources told Business Recorder. The separation of tax policy from tax administration, a

Published 08 May, 2019 12:00am

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

Print

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

With the objective of documentation of economy, the government will bring a modified Assets Declaration Scheme 2019 after two to three days with the possibility of reduced rates on declaration of undisclosed assets, particularly foreign assets. Adviser to

Published 24 Apr, 2019 12:00am

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

Print

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

With the objective of documentation of economy, the government will bring a modified Assets Declaration Scheme 2019 after two to three days with the possibility of reduced rates on declaration of undisclosed assets, particularly foreign assets. Adviser to

Published 24 Apr, 2019 12:00am

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

Print

Declaration of assets: Sheikh asks FBR to make scheme more attractive, persuasive

With the objective of documentation of economy, the government will bring a modified Assets Declaration Scheme 2019 after two to three days with the possibility of reduced rates on declaration of undisclosed assets, particularly foreign assets. Adviser to

Published 24 Apr, 2019 12:00am

High net worth individuals: only Rs 2.6 billion collected by using third party data, information

Print

High net worth individuals: only Rs 2.6 billion collected by using third party data, information

The Federal Board of Revenue (FBR) has so far collected a small amount of Rs 2.6 billion from high net worth individuals by using third party data and information received through use of technology. Finance Minister Asad Umar had projected revenue collect

Published 04 Mar, 2019 12:00am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 31	278.42
USD PKR Interbank Buying / May 31	278.22
USD to Japanese Yen / May 31	157.31
USD to Swiss Franc / May 31	0.90
Pound Sterling to USD / May 31	1.27
Euro to USD / May 31	1.08

Stock	Volume
S&P 500 / May 31	5277.51
India Sensex / May 31	73961.31
Tokyo Nikkei / May 31	38487.90
Nasdaq / May 31	16735.02
Hang Seng / May 31	18079.61
FTSE 100 / May 31	8275.38
Dow Jones / May 31	38686.32
Germany DAX 30 / May 31	18497.94

Item	Value
Crude Oil USD/Barrel / May 31	76.99
Karachi Cotton PKR/37.32 KG / May 31	19935
Gold 10 Grams PKR / May 31	207219
Gold Spot USD/Ounce / May 31	2327.33
Cotton US¢/pound / May 31	75.11
Petrol/Litre / Jun 1	268.36

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jun 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jun 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jun 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jun 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jun 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jun 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jun 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jun 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jun 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jun 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jun 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jun 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jun 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jun 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jun 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jun 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jun 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jun 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Reversal in stance: SBP might opt for rate cut in upcoming MPC meeting, brokerage house says

Reversal in stance: SBP might opt for rate cut in upcoming MPC meeting, brokerage house says

Sheikh Mujeeb’s propaganda video: FIA decides to examine IK’s ‘X’ account

Sheikh Mujeeb’s propaganda video: FIA decides to examine IK’s ‘X’ account

Govt slashes PSDP by Rs204bn

Govt slashes PSDP by Rs204bn

Alleged involvement in refund issue: FBR fires four senior IR officers

Alleged involvement in refund issue: FBR fires four senior IR officers

Cement’s sweltering summer

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