Monday 23 January 2012

Swift clarity still needed on CGT proposals | HALALTAMWEEL.COM

Swift clarity still needed on CGT proposals

1/23/2012 4:19:27 PM


KARACHI: The proposed measures specifically related to the capital markets i.e. Capital Gain Tax (CGT), calculations and income source concerns with no With Holding Tax WHT have been verbally accepted by the Ministry of Finance.


However, acceptance of other proposals related to the tax incentives for the listed corporate sector and additional tax on national saving schemes have yet to be announced or accepted by the Ministry of Finance, writes Khurram Schehzad, research analysts of Investcap, in his report.


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