PSX Suggests 5% CGT for All Derivatives and Future Contracts
The Pakistan Stock Exchange (PSX) has put forth a groundbreaking proposal, suggesting a 5% Capital Gains Tax (CGT) for all derivatives and future contracts traded on the stock exchange.
The Pakistan Stock Exchange (PSX) has put forth a groundbreaking proposal, suggesting a 5% Capital Gains Tax (CGT) for all derivatives and future contracts traded on the stock exchange.
In a bid to overhaul the tax regime and foster a more balanced investment environment, the Pakistan Stock Exchange (PSX) has put forth a groundbreaking proposal to eliminate the flat rate of Capital Gains Tax (CGT) set at 12.5 percent in the upcoming budget for the fiscal year 2024-25.
The latest prices for gold and silver in Pakistan, as of 6:05 AM on 17 March 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
Karachi, March 16, 2024 – The gold market in Pakistan experienced a notable downturn on Saturday, with prices dropping by Rs 1,050 to settle at Rs 227,500 per Tola.
Karachi, March 16, 2024 – The Pakistan stocks poised for a consequential response in the upcoming week, largely influenced by the outcomes of the policy rate announcement and ongoing discussions with the International Monetary Fund (IMF).
The Pakistan Stock Exchange (PSX) has submitted a series of tax proposals to the federal government for consideration in the upcoming budget for the fiscal year 2024-25.
The latest prices for gold and silver in Pakistan, as of 3:57 AM on 16 March 2024, have been updated and are as follows, along with the previous closing prices in the bullion market:
Karachi, March 15, 2024 – The Pakistan Stock Exchange (PSX) witnessed a turbulent trading session on Friday as the benchmark KSE-100 index plunged by 248 points amidst volatile market conditions.
Karachi, March 15, 2024 – The gold market in Pakistan saw no significant movement on Friday, with prices remaining unchanged as international markets reported a lack of activity.
The latest prices for gold and silver in Pakistan, as of 6:05 AM on 15 March 2024, have been updated and are as follows, along with the previous closing prices in the bullion market: