PSX crosses 49,300 points

[RajaRawal111]

PSX continues record-breaking run, crosses 49,300 points

Stock analysts are anticipating good results from registered companies in first half of 2017.
KARACHI (Dunya News) - Continuing its record-breaking bull-run, Pakistan Stock Exchange (PSX) has extended its last weeks gains on Monday as it has rallied by 354 points in morning session to arrive at a new high of 49,393 points.

Stock analysts are anticipating good results from registered companies in first half of 2017.
Cement sector continues to perform good following announcement by federal pertaining to construction of Diamer-Bhasha Dam and expedition of work on various CPEC related projects.

Fertilizer sector is also witnessing boom as Urea off-take remains strong in Rabi season.
100-index has inducted more than 1200 points in first trading week of the year.

Source:

 

[RajaRawal111]

Let us see some buds about to bloom. Why always bad news ?

 

[RajaRawal111]

I know this thread will be decorated with the Loans Rant. But let me assure you that the investors driving the Stock Exchange are a bit more informed and cautions than average minded commentators and media hooters.

 

[desan]

KSE allows foreign investors to bring investments to Pakistan with no questions asked about the moneys origin and sources, allowing black money to make its way to the whitening mill, with the SECPs will.

Why and how KSE became the worlds second-best performing market this year

 

[desan]

KSE's performance has more to do with Money Laundering than fundamentals of the Economy!!!

 

[RajaRawal111]

Desen Bibi, I know I will be bombarded with questions on the ethics and fairness and I know I will not have any answer to this sharp sword. But we have to get a bit above mere arguments, so asking being cautious enough.

Please tell if there is an issue with this ??? Is this investment not coming into Pakistan ??? and do we not enjoy right to be a bit tactical to achieve things the way others achieved.

KSE allows foreign investors to bring investments to Pakistan with no questions asked about the money’s origin and sources, allowing black money to make its way to the whitening mill, with the SECP’s will.

Why and how KSE became the world’s second-best performing market this year

 

[RajaRawal111]

Even if it is true, I think money launderers have other choices as well.
It is the economy indicators whether it is from CPEC or or power sectors that brought every one to Pakistan. Is there any doubt about it ???

KSE's performance has more to do with Money Laundering than fundamentals of the Economy!!!

 

[desan]

Desen Bibi, I know I will be bombarded with questions on the ethics and fairness and I know I will not have any answer to this sharp sword. But we have to get a bit above mere arguments, so asking being cautious enough.

Please tell if there is an issue with this ??? Is this investment not coming into Pakistan ??? and do we not enjoy right to be a bit tactical to achieve things the way others achieved.

Performance of Stock Market in isolation does not mean anything until and unless it benefit the masses on the Main Street...

Under current circumstances, it's a bad omen for the country as it simply means ruthless loot and plunder at an unprecendented level!!!

 

[Topi_Drama]

I am not an economist but a common man and I have never seen benefits of high stock exchange index going towards grass root level. I never understood the fuss about index....oh look at index it has crossed 10000 points...oh look at it crossed 15000 points.....oh it cross psychological limit of 20000 etc.

I mean how does it benefit common man? Now that index is at 49300, has roti become cheaper or people are getting free petrol/cng or crimes have been reduced to 5% and police is now working for the people or all doctors and lawyers have become truthful!? Come on this index shindex is just bullshit. For a common man it doesn't even affect 1% and it only benefits rich people who can get their black money white and getting richer and richer.

 

[RajaRawal111]

What current circumstances the once which come out of IKs mouth in Jalsas or the once which are black and white and are being continuously watched by all Hawks including Transparency international.
Please be a bit factual and mention any????

Performance of Stock Market in isolation does not mean anything until and unless it benefit the masses on the Main Street...

Under current circumstances, it's a bad omen for the country as it simply means ruthless loot and plunder at an unprecendented level!!!

 

[RajaRawal111]

Sir I am not the economist as well, if you and I dont understand anything does it mean it does not exist ???
The simple explanation that i know is that this investment actually comes in only when the industry/economy in the country looks promising for high return to the investor. The high return comes to the investor when there is profitable economic activity in the country. And when there is profitable economic activity then there are Jobs and production and industry, which definitely should translate into the economic betterment of commons. Obviously the labor works in the running industry not the Jinnat and Farishtey,
Mind it the investors are more cautious and understanding than the average thinkers like you and me.

I am not an economist but a common man and I have never seen benefits of high stock exchange index going towards grass root level. I never understood the fuss about index....oh look at index it has crossed 10000 points...oh look at it crossed 15000 points.....oh it cross psychological limit of 20000 etc.

I mean how does it benefit common man? Now that index is at 49300, has roti become cheaper or people are getting free petrol/cng or crimes have been reduced to 5% and police is now working for the people or all doctors and lawyers have become truthful!? Come on this index shindex is just bullshit. For a common man it doesn't even affect 1% and it only benefits rich people who can get their black money white and getting richer and richer.

 

[rtabasum2]

Sir I am not the economist as well, if you and I dont understand anything does it mean it does not exist ???
The simple explanation that i know is that this investment actually comes in only when the industry/economy in the country looks promising for high return to the investor. The high return comes to the investor when there is profitable economic activity in the country. And when there is profitable economic activity then there are Jobs and production and industry, which definitely should translate into the economic betterment of commons. Obviously the labor works in the running industry not the Jinnat and Farishtey,
Mind it the investors are more cautious and understanding than the average thinkers like you and me.

Tera bonus kharra.........chal shabash Baji nou thread bhaij tay paisay kharay kar....maa sadqay

 

[rtabasum2]

Even if it is true, I think money launderers have other choices as well.
It is the economy indicators whether it is from CPEC or or power sectors that brought every one to Pakistan. Is there any doubt about it ???

No doubt its time to sing the song Mairay gaoon may bijli ayi

 

[Topi_Drama]

Sir I am not the economist as well, if you and I dont understand anything does it mean it does not exist ???
The simple explanation that i know is that this investment actually comes in only when the industry/economy in the country looks promising for high return to the investor. The high return comes to the investor when there is profitable economic activity in the country. And when there is profitable economic activity then there are Jobs and production and industry, which definitely should translate into the economic betterment of commons. Obviously the labor works in the running industry not the Jinnat and Farishtey,
Mind it the investors are more cautious and understanding than the average thinkers like you and me.

There is no data to prove this i.e. let's say index is increasing which means some companies are performing better and their share price is increasing. Which in turn means they are either bringing new investment or they are hiring more people? But sadly that is not the case. I am not against stock exchange but we give too much importance to it as it brings nothing to the common man.

 

[akmal1]

Let us see some buds about to bloom. Why always bad news ?

FBR received 845,985 tax returns last year

MUBARAK ZEB KHAN UPDATED 3 days ago


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ISLAMABAD: The governments efforts to bring the rich into the tax net has failed to bear fruit as only 845,985 people filed their income tax returns in the tax year 2016.
Of them, 769,565 people filed their returns electronically and 76,420 manually. The government did not extend the last date for filing income tax returns beyond Dec 31, 2016, which is one reason behind the drop.
Last year, the Federal Board of Revenue (FBR) received 1.1 million income tax returns after the deadline was extended several times, a tax official said. Official data available with Dawn shows that as of Dec 31, 2015, the FBR received 674,671 returns.
The minimum penalty for not filing returns, statements or wealth statements starts from Rs5,000 and can be as high as 25 per cent of the tax payable in a year. The non-filer would either declare his total income for assessing tax in a year or a tax official would declare it ex parte.
Tax compliance in Pakistan is in a constant decline. The tax compliance level fell to 21.32pc in the tax year 2016 from 26.17pc in tax year 2012, reflecting a poor tax culture in Pakistan. The tax-compliance in the tax year 2010 was 65pc.
The number of people having national tax number stood at 3.3m in 2012 as against 3.7m in the tax year 2016.
The breakdown of total returns received until Dec 31, 2016 shows that he FBR received 789,864 returns from individuals (salaried and non-salaried), 39,396 from the associations of persons and 16,725 from the corporate sector. The tax compliance level in the corporate sector is 25pc.
Moreover, the Securities and Exchange Commission of Pakistan registered around 65,000 companies in year under review.
Published in Dawn, January 7th, 2017

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[akmal1]

What current circumstances the once which come out of IKs mouth in Jalsas or the once which are black and white and are being continuously watched by all Hawks including Transparency international.
Please be a bit factual and mention any????

 

[RajaRawal111]

کیا ہو گیا میڈم میرے سوال کا جواب نہیں تھا ڈاگ پو والی فینٹسی ہے اس کے جواب میں لکھ دیتی - پوری تھریڈ ہی دے ماری ہے آپ نے

http://www.siasat.pk/forum/showthread.php?518377-Best-kept-Secret-to-our-booming-Stock-Market!!

Performance of Stock Market in isolation does not mean anything until and unless it benefit the masses on the Main Street...

Under current circumstances, it's a bad omen for the country as it simply means ruthless loot and plunder at an unprecendented level!!!

 

[RajaRawal111]

یار اگر تھوڑا سی انفورمنش اور علم بھی رکھتے نہ تو یہ پوسٹ نہ کرتے - کیا اپ کو شرم آے گی یہ جان کر کے آپ کے رنگیلے نے ٹیکس سکیم کی مخالفت کی تھی صرف اس لئے کہ یہ نوروں نے دی تھی اور اس کو اپنی اقتدار کی حوس نے موقع فراہم کیا - میں سرکار ایویں ہی اس کے حمایتی سے بیزار میں تبدیل ہوا - اس کے علاوہ بھی کارنامے ہیں اس کے اپنے اقتدار کے لئے ملک کو نقصان پہونچانے کے جیسے ہنڈی کی ترغیب ، سول نافرمانی کی ترغیب بل نہ دینے کی ترغیب - یہ اور بات ہے عوام نے کتے والی حثیت نہیں دی ان ترغیبوں کو - پر ٹیکس کے خلاف اس کی ترغیب ملک کو برباد کرنے میں ماشا اللہ کافی کارآمد رہی

https://www.samaa.tv/pakistan/2016/01/imran-khan-rejects-govt-tax-amnesty-scheme/
http://www.92newshd.tv/imran-khan-a...s-strike-against-withholding-tax-on-august-1/

FBR received 845,985 tax returns last year

MUBARAK ZEB KHAN — UPDATED 3 days ago


​

ISLAMABAD: The government’s efforts to bring the rich into the tax net has failed to bear fruit as only 845,985 people filed their income tax returns in the tax year 2016.
Of them, 769,565 people filed their returns electronically and 76,420 manually. The government did not extend the last date for filing income tax returns beyond Dec 31, 2016, which is one reason behind the drop.
Last year, the Federal Board of Revenue (FBR) received 1.1 million income tax returns after the deadline was extended several times, a tax official said. Official data available with Dawn shows that as of Dec 31, 2015, the FBR received 674,671 returns.
The minimum penalty for not filing returns, statements or wealth statements starts from Rs5,000 and can be as high as 25 per cent of the tax payable in a year. The non-filer would either declare his total income for assessing tax in a year or a tax official would declare it ex parte.
Tax compliance in Pakistan is in a constant decline. The tax compliance level fell to 21.32pc in the tax year 2016 from 26.17pc in tax year 2012, reflecting a poor tax culture in Pakistan. The tax-compliance in the tax year 2010 was 65pc.
The number of people having national tax number stood at 3.3m in 2012 as against 3.7m in the tax year 2016.
The breakdown of total returns received until Dec 31, 2016 shows that he FBR received 789,864 returns from individuals (salaried and non-salaried), 39,396 from the associations of persons and 16,725 from the corporate sector. The tax compliance level in the corporate sector is 25pc.
Moreover, the Securities and Exchange Commission of Pakistan registered around 65,000 companies in year under review.
Published in Dawn, January 7th, 2017

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[RajaRawal111]

پینڑھ جی آسان نی پٹھواری وچ ضرب ال مثل اے "گھیس نے باراتی صرف چوہے" تساں وی وی گھیس نے جا نجی ہو

Tera bonus kharra.........chal shabash Baji nou thread bhaij tay paisay kharay kar....maa sadqay

 

[akmal1]

یار اگر تھوڑا سی انفورمنش اور علم بھی رکھتے نہ تو یہ پوسٹ نہ کرتے - کیا اپ کو شرم آے گی یہ جان کر کے آپ کے رنگیلے نے ٹیکس سکیم کی مخالفت کی تھی صرف اس لئے کہ یہ نوروں نے دی تھی اور اس کو اپنی اقتدار کی حوس نے موقع فراہم کیا - میں سرکار ایویں ہی اس کے حمایتی سے بیزار میں تبدیل ہوا - اس کے علاوہ بھی کارنامے ہیں اس کے اپنے اقتدار کے لئے ملک کو نقصان پہونچانے کے جیسے ہنڈی کی ترغیب ، سول نافرمانی کی ترغیب بل نہ دینے کی ترغیب - یہ اور بات ہے عوام نے کتے والی حثیت نہیں دی ان ترغیبوں کو - پر ٹیکس کے خلاف اس کی ترغیب ملک کو برباد کرنے میں ماشا اللہ کافی کارآمد رہی

https://www.samaa.tv/pakistan/2016/01/imran-khan-rejects-govt-tax-amnesty-scheme/
http://www.92newshd.tv/imran-khan-a...s-strike-against-withholding-tax-on-august-1/

راجہ صاحب آپ کی حالت اب یہ ہے کہ بس آپ کو چھیڑنے میں مزہ آنے لگا ہے. صفر دلیل ہوتی ہے آپ کے پاس. مخلصانہ مشوره ہے کہ اپنے الفاظ پہ غور کریں. جب انسان کی گفتگو میں صرف لیبل رہ جائیں تو اسکا مطلب ہے کہ دلیل ختم ہے
خیر آپ یہ کہنا چاہ رہے ہیں کہ ہنڈی سول نافرمانی اور بل نہ دینے کی بات تو عوام نے نہ مانی لیکن ٹیکس والی بات فوری مان لی؟ ٹیکس ایمنسٹی سکیم تو پھر بھی جاری ہوئی. اسکا فائدہ کیوں نہیں ہوا؟ یا تو عمران خان کی مخالفت کی وجہ سے حکومت نے سکیم روک لی ہو؟