On Friday, the Pakistan Stock Exchange (PSX) announced that it had made a new record with the total traded value of scrips listed at PSX reached PKR 2.28 trillion in the first quarter of 2021, making it the highest value traded since 2008, 13 years ago.
It is also worth mentioning that Pakistan Tuesday received the third loan tranche of nearly $500 million from the International Monetary Fund (IMF).
Other positive indicators of the country’s economy include the increased tax collection. The Federal Board of Revenue (FBR) has collected nearly Rs3.4 trillion in taxes in nine months while also uncovering massive tax evasion and exceeding its revised target on the back of a higher collection of indirect taxes that accounted for over 63% of the total revenues pooled the tax machinery.
#tax #economy #economics #pakistan #government #trade #stocks #stockmarket #startuppakistan
This post was created with our nice and easy submission form. Create your post!