PSX reflects mixed sentiment as investors weigh in on tax concerns Blogging Sole

PSX reflects mixed sentiment as investors weigh in on tax concerns

 Blogging Sole

The broker is busy trading at the Pakistan Stock Exchange in Karachi on Wednesday, January 1, 2025. — PPI The capital market opened on a cautious note on Friday, as investors balanced optimism over easing inflation and improving macroeconomic indicators with concerns over rising trade and debt deficits. tax collection. The market showed a mixed … Read more

Six-month tax collection lower by Rs 386 billion Blogging Sole

Six-month tax collection lower by Rs 386 billion

 Blogging Sole

An undated image of the Federal Board of Revenue (FBR) building in Islamabad. – APPLICATION The FBR has recovered Rs 275 billion as of December 31, 2024. 1,326 billion rupees were collected in December, 47 billion rupees short of the target. FBR repaid Rs272 billion in the first six months of CFY. ISLAMABAD: The Federal … Read more

Around Rs70 billion in additional tax revenue expected following ADR adjustments Blogging Sole

Around Rs70 billion in additional tax revenue expected following ADR adjustments

 Blogging Sole

A trader counts Pakistani rupee notes at a currency exchange office in Peshawar. — Reuters/File The banking sector rate increased from 39% to 44%. The national treasury is expected to receive between 70 and 75 billion rupees in taxes. ADR to be replaced by fixed maximum slab ratios. ISLAMABAD: The federal government plans to add … Read more