capital gains tax

Pakistan shares close at record high after budget dispels concern over capital gains tax hike

Pakistan shares close at record high after budget dispels concern over capital gains tax hike

  • Benchmark share index closed up 4.9 percent at 76,338 points after presentation of budget, which looks to raise tax revenue of $47 billion
  • Budget aims to strengthen case for new IMF bailout deal, as Pakistan seeks estimated loan ranging from $6 billion to $8 billion
By Reuters ·