Updates on Tax Laws, Economy and Stock Market in Pakistan
The Sensitive Price Index for the Week Ended on 26th July 2023 has increased by 3.73% showing an increase in prices of 20 items, a decrease in 07 items, and no change in prices of 24 items. The Sensitive Price Indicator (SPI) The Sensitive Price Indicator (SPI) for the week ending on 26th July 2023 … Read more
PSX Performance from 24th to 27th July 2023 remarkably improved with a gain of 1156 points in the KSE 100 index, closing at 47,077 points. Performance Report Pakistan Stock Exchange 24th to 27th July 2023 During the week of 24th to 27th July 2023, the KSE 100 index performed remarkably well, gaining 1156 points and … Read more
The Essential Commodities Price Index, Sensitive Price Indicator for Week Ended on 20th July 2023, has declined by 0.07% The Sensitive Price Indicator for Week Ending on 20th July 2023 The Sensitive Price Indicator (SPI) is a crucial tool monitored by the Pakistan Bureau of Statistics (PBS) to track inflation trends and analyze the economic … Read more
Income from salary means any income that is earned/received by a person against services rendered about his employment. The Salary Income Tax Rates 2024 are given in the First Schedule, Part I, Division I, clause (1A) of the Income Tax Ordinance 2001 What is Salary Salary income refers to any earnings received by an individual … Read more
The Pakistan Stock Exchange’s performance improved remarkably during the week from the 17th to the 21st of July 2023. Starting from the level of 45067, the KSE 100 index gained 853 points during the week and closed at 45920 points on the last working day of the week. Market Summary for the Week 17th to … Read more
According to the report issued by the Pakistan Bureau of Statistics (PBS) based on price comparison essential commodities, the Sensitive Price Indicator (SPI) for the week ended on the 6th of July 2023 has increased by 0.33%. The Sensitive Price Indicator (SPI) is utilized as a tool to gauge the immediate inflation levels of 51 … Read more
The Pakistan Stock Market showed an overall improvement and the KSE-100 index concluded the week at 45,068, recording an increase of 861 points WoW. Market Summary for the Week 10th to 14th July 2023 Since the start of the current fiscal year, the Pakistan Stock Market has shown improvement. The main reasons behind this are … Read more
As per the analysis of prices of essential commodities based on the report issued by the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) for the week ended on the 6th of July 2023 has increased by 0.7%. The Sensitive Price Indicator (SPI) is a tool to measure the short-term inflation of 51 … Read more
The Pakistan Stock Exchange performance has remarkably improved in the first week of the current financial year 2023-24 and gained 2,754 points Performance Summary of KSE 100 Index for the Week 3rd to 7th July 2023 After a period of a slum, the Pakistan Stock Exchange’s performance got a boost on the first working day … Read more
The Finance Act 2023 has been passed on the 26th of June 2023 with various changes and budgetary reforms including higher rates of tax, regulatory duties, and long-awaited reforms in the pension rules. Finance Act 2023 has been passed by the National Assembly and approved by the President on 26th of June 2023 with certain … Read more