Updates on Tax Laws, Economy and Stock Market in Pakistan
S.Qureshi 
Revised tax rates salary income for tax year 2025 will put additional burden 0f Rs. 70 billion on the salaried taxpayers Government has presented Federal Budget for the fiscal year 2024-25 on 12th of June 2024 setting target tax collection of Rs.12,970 billion. Among other measures, there is a huge increase in proposed income tax … Read more
Weekly inflation Pakistan 14th March 2024, Sensitive Price Indicator (SPI), Prices of basic commodities Overview The SPI for the week ending on March 14, 2024, witnessed a rise of 1.35% over the previous week. Significant increases were recorded in the prices of Tomatoes (21.96%), Bananas (21.76%), Eggs (7.15%), Onions (5.57%), LPG (4.45%), Garlic (3.62%), Mutton … Read more
Rental Income Tax Rates in Pakistan for Tax Year 2024 Income generated from renting out properties, such as land or buildings, is subject to taxation by the guidelines outlined in sections 15 and 16 of the Income Tax Ordinance 2001. The rental income tax rates for income during the fiscal year 2023-24 are specified in … Read more
Stock Exchange Performance Report 7th to 11th Aug 2023 The Stock Exchange performance remained volatile during the week. Starting from 48,585.71 the market closed at 48,424.40 points losing 161 points. The stock market performance remained uncertain during the week from 7th to 11th August 2023. The market observed abnormal behavior with ups and downs on … Read more
The PSX performance improved significantly and the KSE 100 index touched the highest point in six years at 48,765 and finally closed at 48,585 going up by 1,509 points over the week. The Pakistan Stock Exchange observed another prime week that ended on the 4th of August 2023. With a remarkable performance, the KSE 100 … Read more
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