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Highest, Income Groups be Taxed at Higher Effective Rates: WB Courtesy: Business Recorder, 24 April 2025 ISLAMABAD: According to the World Bank, the highest-income groups should pay higher effective rates of taxation. Meanwhile, Pakistan’s income tax system can be made more progressive by eliminating exemptions for high-income groups and raising
Modest Gain in PSX index Courtesy: Business Recorder, 23 April 2025 KARACHI: Tuesday witnessed a positive close for the Pakistan Stock Exchange (PSX), and strong corporate earnings drove a minor increase in the benchmark index. The benchmark KSE-100 Index closed Tuesday at 118,430 points, up from 118,383 points on Monday,
The PKR showed slight improvement Courtesy: Business Recorder, 23 April 2025 KARACHI: Tuesday’s interbank market saw a 0.04% gain in the value of the Pakistani rupee in comparison to the US dollar. The currency obtained Re0.10 compared to the US dollar at close, ending at 280.77.In comparison to the dollar,
Index Dips on Profit-Taking Courtesy: Business Recorder, 17 April 2025 RECORDER REPORT KARACHI: The Pakistan Stock Exchange (PSX) experienced a volatile trading session on Wednesday, ultimately closing lower amid profit-taking by investors. The benchmark KSE-100 Index lost 755.40 points, or 0.65 percent, closing at 116,020.11 points on Wednesday compared to
