Bombay Stock Exchange fell after India taps super-rich in budget

[Syed Haider Imam]

If PTI will come in power than their prime target is going to increase the revenue and bring more people in tax system.

How local businesses and Karachi Stock Exchange will react if PTI will win upcoming elections?
Please comment.

 

[Syed Haider Imam]

BSE shed around 300 points in yesterday trading.
18,861.54

290.87(1.52%) 5:09AM EST

 

[Dengue]

Khi Exchange will react positively as IK not talking about new taxes but ensuring reception of existing taxes .. so dont worry india's tax to gdp ratio is already 17% while Pak is at 9%

 

[Darik]

In the beggining always there is a negative atitude, when Mushraf started refom the business comunity reacted, and the Musharaf stopped the reform, because he has no public support. Same will happen to PTI, but if PTI stands on it pricipals, the overseas Pakitani will give all the support to PTI, them there is no doubt that PTI will succeed.

 

[Syed Haider Imam]

Do you remember when Mushraf came into power?
He has targeted businesses to increase the revenue but all businesses went into hiding.
People with money react differently.
Right now, crooks invested all of their illicit money in Karachi stock exchange.
Once Government will tighten the SECP and try to enforce the rules then market "MAY" crash.
KSE is already hovering at 52 week high without any major correction.

On the contrary, PTI is going to bring positive changes in the economy which will eventually bring stability in the system. Initially, it's going to be Knee jerk reaction followed by new wave of bullish trend.

 

[Syed Haider Imam]

TIP FOR COMMERCE GRADUATE
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If you did not get job, try to work with Income Tax Consultants and learn how to make accounts and file taxes.You don't have to find a job. You will become self employed if PTI will win upcoming elections.

More and more individuals, small companies and other businesses will file tax returns. Government will link many facilities with filing of tax. Get experience and start your own practice as " Income Tax Consultant".

I see a great potential in this profession. Good Luck to all commerce graduates.

 

[BrotherKantu]

Stock market is a Scam any way. This is organized wealth squeezing mechanism created by Jews to rip off on the name of investing. America is broke because of these scam played by Jews. I suggest IK should close this stock market casino once and for all where only JEWS win and secure Pakistan future. These thugs will be all over it like wolves when Pakistan show some prosperity. So far India is concern they tried to be in bed with Jews and result is Jews took all the wealth and India is on its way to poverty once again.
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[Syed Haider Imam]

Stock market is a Scam any way. This is organized wealth squeezing mechanism created by Jews to rip off on the name of investing. America is broke because of these scam played by Jews. I suggest IK should close this stock market casino once and for all where only JEWS win and secure Pakistan future. These thugs will be all over it like wolves when Pakistan show some prosperity. So far India is concern they tried to be in bed with Jews and result is Jews took all the wealth and India is on its way to poverty once again.
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Jews are behind everything.End of the story.............Sleep tight..............

 

[itsnotme90]

If next govt utilize the current revenue properly & save it from corruption then this can change country destiny & then u can collect more tax from public after better performance.