Karachi, March 25, 2024 – The Pakistan Stock Exchange (PSX) urged authorities to provide tax exemption to private funds without the imposition of a sunset clause in the upcoming federal budget 2024-25.
(more…)Tag: budget proposals
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PSX Proposes Tax Credit Restoration for Share Investments
The Pakistan Stock Exchange (PSX) has proposed to the authorities the restoration of tax credits in the budget for 2024-25 concerning investments in shares.
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PSX Proposes 50% Tax Credit to Listed SMEs in Budget 2024-25
Karachi, March 22, 2024 – The Pakistan Stock Exchange (PSX) has put forward a significant proposal aimed at bolstering the small and medium enterprise (SME) sector in the country.
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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.
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PSX Pushes Tax Relief for Foreign Investment in Budget 2024-25
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.
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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.
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PSX Proposes Removal of Flat CGT Rate in Budget 2024-25
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.
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Significant Tax Hike on Cigarettes Proposed for Budget 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.
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PSX Proposes Tax Relief Measures in Budget 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.
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FBR Seeks New Ideas to Boost Revenue from Undertaxed Sectors
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.
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