Tag Archives: Pakistan Stock Exchange

SECP directs stock exchange to elect directors

secp

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has directed the Pakistan Stock Exchange Limited (PSX) to complete the process of holding election for board of directors by February 28, 2018.

SECP to acquire services of professional to probe PSX data leakage

secp

ISLAMBAD: Securities and Exchange Commission of Pakistan (SECP) will acquire services of professionals and experts for investigating leakage of trading information of Pakistan Stock Exchange (PSX).

Withholding tax paid by stock members on sale, purchase of shares made final liability

fbr

KARACHI: Federal Board of Revenue (FBR) has made withholding tax as final tax liability paid by members of stock exchange on commission earned on purchase or sale of shares.

NCCPL collects CGT on July 31

PSX

KARACHI: National Clearing Company of Pakistan Limited (NCCPL) has announced to collect capital gain tax (CGT) on the transactions made during the month of June 2017.

Condition of higher capital gain tax rate relaxed

PSX

ISLAMABAD: The government has announced that new or higher rate of capital gain tax will not be applicable on securities purchased up to June 30, 2015.

Budget Proposals 2017/2018: PSX wants normal tax regime for its services

PSX

KARACHI: Pakistan Stock Exchange (PSX) has urged Federal Board of Revenue (FBR) that its services should be brought under normal regime from next tax year.

Budget Proposals 2017/2018: PSX recommends 20pc corporate rate for SME listed companies

PSX

KARACHI: Pakistan Stock Exchange (PSX) has proposed 20 percent corporate income tax rate for small and medium size listed companies to promote entrepreneurship.

PSX soon to launch web-based private market

PSX

KARACHI: Pakistan Stock Exchange (PSX) will soon launch web-based private market, said PSX Managing Director Nadeem Naqvi on Monday.

Budget Proposals 2017/2018: 50 percent reduction in advance tax on brokerage commission proposed

fbr

KARACHI: Pakistan Stock Exchange (PSX) has recommended 50 percent reduction in advance tax payable by stock brokers on commission earned on sale or purchase of shares.

Budget Proposals 2017/2018: changes to CGT regime recommended with three tiers holding periods

fbr

KARACHI: Pakistan Stock Exchange (PSX) has said that frequent changes in capital gain tax regime has negative impacted the foreign institutional portfolio investment (FIPI) as foreign investment amounting $414.4 million has been withdrawn from the capital market during July 01, 2017 to February 21, 2017.