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Mutual Funds

SECP approves board for Shariah-compliant market
Mutual Funds

SECP approves board for Shariah-compliant market

The Securities and Exchange Commission of Pakistan (SECP) has approved the appointment of the Shariah Advisory Board of the SECP pursuant to section 9 of the 1997 Securities and Exchange Commission of Pakistan Act. The Board comprises three Shariah schola
Published 10 Jun, 2015 12:00am
Dar inaugurates SECP's web portal
Mutual Funds

Dar inaugurates SECP's web portal

Federal Minister for Finance Senator Ishaq Dar here on Monday inaugurated the Securities and Exchange Commission of Pakistan's (SECP) investor education web portal 'Jama Punji'. The web portal is envisioned to play a key role in the SECP's overall investo
Published 09 Jun, 2015 12:00am
Tax Memorandum 2015
Cotton

Tax Memorandum 2015

INCOME TAX: INTRODUCTION OF ONE-TIME SUPER TAX: A one-time super tax for tax year 2015 has been proposed on (i) banking companies; and
Published 08 Jun, 2015 12:00am
Tax Memorandum 2015
Cotton

Tax Memorandum 2015

INCOME TAX: INTRODUCTION OF ONE-TIME SUPER TAX: A one-time super tax for tax year 2015 has been proposed on (i) banking companies; and
Published 08 Jun, 2015 12:00am
Equities boost up
Mutual Funds

Equities boost up

The Karachi stocks market gained 3.8 percent, week-on-Week (WoW), to close at 34,012.49 during the week marked by pre-budget uncertainties. The daily trading turnover remained healthy and averaged 70 percent higher on 316 million shares. The average value
Published 08 Jun, 2015 12:00am
Equities boost up
Mutual Funds

Equities boost up

The Karachi stocks market gained 3.8 percent, week-on-Week (WoW), to close at 34,012.49 during the week marked by pre-budget uncertainties. The daily trading turnover remained healthy and averaged 70 percent higher on 316 million shares. The average value
Published 08 Jun, 2015 12:00am
Equities boost up
Mutual Funds

Equities boost up

The Karachi stocks market gained 3.8 percent, week-on-Week (WoW), to close at 34,012.49 during the week marked by pre-budget uncertainties. The daily trading turnover remained healthy and averaged 70 percent higher on 316 million shares. The average value
Published 08 Jun, 2015 12:00am
Rs 253 billion new taxation, administrative measures
Mutual Funds

Rs 253 billion new taxation, administrative measures

The government has taken new taxation/administrative measures of Rs 253.200 billion by substituting one percent duty; doubling rate of ''''''''further tax'''''''' from 1 to 2 percent on supplies; increase in rates for capital gains tax (CGT) on securities
Published 06 Jun, 2015 12:00am
Rs 253 billion new taxation, administrative measures
Mutual Funds

Rs 253 billion new taxation, administrative measures

The government has taken new taxation/administrative measures of Rs 253.200 billion by substituting one percent duty; doubling rate of ''''further tax'''' from 1 to 2 percent on supplies; increase in rates for capital gains tax (CGT) on securities; increa
Published 06 Jun, 2015 12:00am
Rs 253 billion new taxation, administrative measures
Mutual Funds

Rs 253 billion new taxation, administrative measures

The government has taken new taxation/administrative measures of Rs 253.200 billion by substituting one percent duty; doubling rate of ''further tax'' from 1 to 2 percent on supplies; increase in rates for capital gains tax (CGT) on securities; increase i
Published 06 Jun, 2015 12:00am
Rs 253 billion new taxation, administrative measures
Mutual Funds

Rs 253 billion new taxation, administrative measures

The government has taken new taxation/administrative measures of Rs 253.200 billion by substituting one percent duty; doubling rate of 'further tax' from 1 to 2 percent on supplies; increase in rates for capital gains tax (CGT) on securities; increase in
Published 06 Jun, 2015 12:00am
Rs 253 billion new taxation, administrative measures
Mutual Funds

Rs 253 billion new taxation, administrative measures

The government has taken new taxation/administrative measures of Rs 253.200 billion by substituting one percent duty; doubling rate of 'further tax' from 1 to 2 percent on supplies; increase in rates for capital gains tax (CGT) on securities; increase in
Published 06 Jun, 2015 12:00am