PSX Seeks Tax Rates Rationalization for Listed Companies
Karachi, March 20, 2024 – The Pakistan Stock Exchange (PSX) has emphasized the need for tax rate rationalization for listed companies in the upcoming budget of 2024-25.
Karachi, March 20, 2024 – The Pakistan Stock Exchange (PSX) has emphasized the need for tax rate rationalization for listed companies in the upcoming budget of 2024-25.
Islamabad, March 20, 2024 – The newly formed government under the leadership of Prime Minister Shehbaz Sharif is gearing up to present its inaugural budget for the fiscal year 2024-25 in early June 2024, marking a crucial milestone for Pakistan’s economic agenda.
The Pakistan Stock Exchange (PSX) has set its sights on tax relief measures in the upcoming budget for the fiscal year 2024-25, aiming to pave the way for increased foreign investment in the country’s capital market.
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.
Islamabad, March 17, 2024 – Advocates at an anti-tobacco seminar have proposed significant increase in taxes on cigarettes for the forthcoming budget 2024-25.
Islamabad, March 16, 2024 – Ahsan Zafar Bakhtawari, President of the Islamabad Chamber of Commerce and Industry (ICCI), has emphasized the immediate need for the government to engage in discussions with business leaders concerning the forthcoming budget for the fiscal year 2024-25.
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.
Karachi, February 24, 2024 – In a bid to enhance revenue collection and address the issue of undertaxed sectors, the Federal Board of Revenue (FBR) has urged the offices of Inland Revenue (IR) to contribute new and innovative ideas.
Islamabad, February 22, 2024 – The Federal Board of Revenue (FBR) has taken a proactive step towards promoting transparency and inclusivity in the upcoming budget formulation process by inviting trade bodies to submit tax proposals for the fiscal year 2024-25.