Post Reply 
 
Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
CGT exemption on stock market to continue over the next two years: FBR
06-09-2008, 12:44 AM
Post: #1
CGT exemption on stock market to continue over the next two years: FBR
RECORDER REPORT
ISLAMABAD (June 08 2008): The Federal Board of Revenue (FBR) on Saturday categorically said that the capital gains tax (CGT) exemption would continue on stock market for the next two years. According to an FBR announcement, the CGT exemption on stock exchanges would continue for the next two years in accordance with the Finance Minister's direction.

The government, however, would continue to collect Capital Value Tax (CVT) and Withholding Tax (WHT) at the existing rates. So, basically there would be no change in the taxation policy vis-à-vis stock exchanges in the forthcoming budget, the FBR added

http://www.brecorder.com/index.php?id=752177
Quote this message in a reply
Post Reply 


Possibly Related Threads...
Thread: Author Replies: Views: Last Post
  LHC Verdict results in Exemption From phase 7E For Taxpayers: LCCI Spokesman LRE-Azan 0 337 08-17-2023 04:59 PM
Last Post: LRE-Azan
  LDA issues procedure for transfer of exemption-related properties Salman 0 5,617 02-25-2014 01:23 PM
Last Post: Salman
  Constructions continue in Murree despite ban Salman 0 4,867 01-02-2014 01:26 PM
Last Post: Salman
  Land Revenue Department reforms continue Salman 0 6,767 10-23-2013 04:50 PM
Last Post: Salman
  Housing ‘ghosts’ continue to haunt people Salman 0 3,741 07-24-2012 05:32 PM
Last Post: Salman
  Five-marla houses given tax exemption Salman 0 8,999 06-15-2012 01:50 PM
Last Post: Salman
  Pakistan Budget 2012-13 : Income Tax exemption limit raised to Rs.50,000/- Salman 0 11,139 06-01-2012 12:48 PM
Last Post: Salman
  Five-marla houses RCB seeks withdrawal of tax exemption Salman 0 6,530 05-17-2012 01:37 PM
Last Post: Salman
  CDA to continue development projects despite financial crisis Salman 0 3,869 12-28-2011 12:03 PM
Last Post: Salman
  Margalla Towers continue to haunt residents Lahore_Real_Estate 0 3,217 10-07-2011 12:36 PM
Last Post: Lahore_Real_Estate
  Benazir Employees Stock Option Scheme: empowering workers’ agenda Lahore_Real_Estate 0 4,249 10-03-2011 03:11 PM
Last Post: Lahore_Real_Estate
  SMEDA pledges to continue pro-active role for development Lahore_Real_Estate 0 4,609 06-18-2011 12:24 PM
Last Post: Lahore_Real_Estate
  Danish Schools project to continue at all cost: CM Lahore_Real_Estate 0 3,975 04-25-2011 01:56 PM
Last Post: Lahore_Real_Estate
  Multan Road Miseries Continue! LRE 1 7,070 01-27-2011 09:52 AM
Last Post: LRE
  High chicken rates continue to torment consumers Lahore_Real_Estate 0 3,367 10-15-2010 11:57 AM
Last Post: Lahore_Real_Estate
  9/11 and 9 years Lahore_Real_Estate 0 2,755 09-14-2010 12:14 PM
Last Post: Lahore_Real_Estate
  Two weekly holidays to continue till Oct 31 Lahore_Real_Estate 0 3,531 07-28-2010 01:04 PM
Last Post: Lahore_Real_Estate
  Wheat prices may continue to slide Lahore_Real_Estate 0 3,444 05-27-2010 11:58 AM
Last Post: Lahore_Real_Estate
  Haqqani will Continue... LRE 0 2,969 03-07-2010 05:56 PM
Last Post: LRE
  Islamabad: Residents of sectors G-6, G-7 continue to suffer LahoreEstate 0 3,332 02-11-2010 08:00 AM
Last Post: LahoreEstate

Forum Jump:


User(s) browsing this thread: 1 Guest(s)