Banks brace for higher taxes in FY24 budget
The banking sector is likely to face more negative earnings implications from the upcoming FY24 budget, as the government may increase taxes on the sector to boost its revenue collection.…
Overseas investors irritated by higher taxes, gaps in policy implementation
KARACHI: Overseas Investors Chamber of Commerce and Industry (OICCI) has expressed concerned over high burden of taxes and termed uncertainty over taxation policies as the major irritant facing flows of…
Despite higher taxes and lowest discount rates, UBL earns Rs 6.9bn in 2nd quarter 2016
KARACHI: Despite the higher taxes and lowest discount rates, the UBL bank announced its consolidated earnings of Rs 6.9 billion in second quarter 2016, up 27 per cent year-on-year against…