DSE Investors
You must login to participate in the discussion. If you're not a registered member you cant participate in the discussion. It takes only minutes to register. Its easy and free.
DSE Investors

DSE Investors forum for discussion. The freedom of association and thoughts and speech is ensured by our constitution. So feel free to express your ideas, opinion and thoughts through this forum.
HomeHome  PortalPortal  FAQFAQ  RegisterRegister  Log in  

Display results as :
Rechercher Advanced Search
Latest topics
» DSE Membership for Sale
Fri Nov 16, 2012 10:45 am by stockbroker

» DSE Membership for Sale
Fri Nov 16, 2012 10:44 am by stockbroker

» DSE Memerbship for SALE
Fri Nov 16, 2012 10:43 am by stockbroker

» Put your opinion about tomorrow
Sun Nov 11, 2012 1:02 am by selimbd

» What will you buy tomorrow?
Thu Jun 14, 2012 12:59 am by selimbd

» Investment for next trade day (4 July 2010)
Thu Aug 04, 2011 3:45 am by faridchy

» hi everybody
Wed Apr 13, 2011 2:10 am by Akbor Ali

» Welcome to DSEInvestors
Mon Feb 21, 2011 4:21 pm by black2006

» Mamun
Wed Oct 27, 2010 5:00 pm by lui_lui


Share | 

 DSE urges NBR to revise share tax

Go down 

Posts : 63
Join date : 2010-06-05

PostSubject: DSE urges NBR to revise share tax   Mon Jun 21, 2010 7:00 am

Star Business Report

Dhaka Stock Exchange yesterday urged the National Board of Revenue (NBR) to revise the rate of tax on capital market.

A team of DSE, led by its President Md Shakil Rizvi, met NBR Chairman Nasiruddin Ahmed and turned in a post-budget proposal.

In the proposed budget, the government plans to impose 10 percent tax on the capital gains of institutional investors, 5 percent tax on the income of sponsor shareholders or directors of listed companies from share sales, and 3 percent tax on the premium value of shares of a company being sold on the market.

The government also considers increasing tax at source on commissions received by stockbrokers from 0.025 percent to 0.1 percent.

The DSE said the proposed tax rate would not only hinder the market growth, but also discourage companies from listing on the market.

For the development of the market, the government should revise the rate of tax on capital market, bourse officials said.
Back to top Go down
DSE urges NBR to revise share tax
Back to top 
Page 1 of 1
 Similar topics
» factors affecting to share price
» 'Shariah' compliant share list for islamic investors
» Private Placement and Share transfer
» Sri Lanka: All Share Index (ASI) crashes below key 200 day moving average
» Pls check this chart of ASI (all share index)

Permissions in this forum:You cannot reply to topics in this forum
DSE Investors :: First Category :: Others-
Jump to: