Jul 29

Nazir Kehar elected as President of PSX stockbrokers association

KARACHI: Hamad Nazir Kehar has been elected as President of PSX Stockbrokers Association for the Year 2020-2021, a statement said on Wednesday. Muhammad Munir Khanani has been elected as Vice-President. Muhammad Adil Ghaffar has been elected as General Secretary, Fawad Yousuf as Joint Secretary and Kazim Sultan Dattoo has been elected for the post of […]

by Mrs. Anjum Shahnawaz

Stock brokers express serious reservations on proposed new regime

KARACHI: PSX Stockbrokers Association has issued rebuttal on propaganda of Securities and Exchange Commission (SECP) through media to pass the proposed new brokers regime (NBR). In a press release issued on Monday, it said that firstly, the so called “Small Brokers” term do not exist.PSX Stockbrokers Association (PSA) being representative of more than 66% of […]

by Mrs. Anjum Shahnawaz

Abolishing advance tax on share sale, purchase on the cards

KARACHI: The government is reportedly considering the abolition of the advance tax on the sale and purchase of shares in the capital market, a move prompted by the Pakistan Stock Exchange (PSX) and Pakistan Stockbrokers Association’s demands.

by Mrs. Anjum Shahnawaz