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Tag Archives: political parties

Midday: KSE keeps upward momentum, adds 217 points

KSE

KARACHI: The Karachi Stock Exchange (KSE) 100-index, continuing its upward motion of morning trading, has gained 217,76 points to stand at 30376.39 points and volume of 60,004,590. KSE started the trading week on Monday with positive note and gained 94.50 points to stand at 30253.13 at 10:30am. Last week KSE opened with a slow start after five days closure on ... Read More »

FBR extends date for filing income tax returns

Tax return

ISLAMABAD: The federal government extended the date for filing income tax returns following the failure to address technical glitches in the online portal, depriving the taxpayers of incentives linked with timely filing of returns including reduction in tax rates. According to the Federal Board of Revenue (FBR) notification, the last date for filing income tax returns for fiscal year 2013-14 ... Read More »

Sit-ins induced spiraling losses draw concerns

losses

PESHAWAR: The trading community from across the province has expressed concern over the ongoing sit-ins by the Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) in Islamabad, regretting that the prevailing political impasse has been affecting businesses and national economy adversely. Representative bodies of traders and businessmen from different cities including Peshawar, lamented that the marches had hindered economic progress ... Read More »

PTI, PAT sit-ins causing Rs 150b per day loss to economy

TDAP

ISLAMABAD: The ongoing long marches and sit-ins have been causing financial losses to the tune of Rs 150 billion, on daily basis, to national economy besides rendering a large number of daily-wagers jobless. According to Trade Development Authority Pakistan (TDAP) Chief Executive SM Munir, Azadi march of Tehreek-e-Insaf and Inqilab march of Pakistan Awami Tehreek (PAT) were adversely affecting the ... Read More »

Foreign investment in bourses at two years’ high

Kse2

KARACHI: The foreign investment in Karachi Stock Exchange in July rose three times the foreign inflow into Pakistan’s capital market during the corresponding period over the past two years. As per details, overseas investors have bought $648 million worth shares in local market over the past seven months of the current year while foreign net buying in July 2014 alone ... Read More »