Tue, 21-Oct-2025

Workers Welfare Fund not applicable on mutual, pension schemes: SRB

KARACHI: The Sindh Revenue Board (SRB) has notified Mutual Funds Association of Pakistan (Mufap) that Sindh Workers Welfare Fund (SWWF) at the rate of 2 per cent is not applicable to mutual and pension funds. The net asset values (NAVs) of such funds have got a boost, as the asset management companies have notified the … Read more

Adjustment of carry forward capital losses to be made on ATL basis: NCCPL

NCCPL

KARACHI: The National Clearing Company of Pakistan Limited (NCCPL) on Tuesday said that the adjustment of carry forward capital losses will be made on the basis of investors’ name on the Active Taxpayers List (ATL). In an information to stockbrokers and market participants, the NCCPL said that the computation of the capital gains tax (CGT) … Read more