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Tax Matters

capital gains tax CGT tax stocks

387 replies to this topic

#7 research doctor

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    Posted 03 July 2010 - 06:16 PM

    can any one tell that in which month (Dec, Jun or July?) the "annual returns of taxes" are submitted? CGT returns bhi usi waqt hi jama hon ge na!


    #8 AAB SAIFY

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    Posted 03 July 2010 - 11:50 PM

    QUOTE (research doctor @ Jul 3 2010, 06:16 PM) <{POST_SNAPBACK}>
    can any one tell that in which month (Dec, Jun or July?) the "annual returns of taxes" are submitted? CGT returns bhi usi waqt hi jama hon ge na!

    I think cgt will b deducted via broker so we dont have todo any thing .
    MY VIEWS ARE BASED ON MY CALCULATIONS OF SCRIPTS CHART I CALLED IT CHARTS ECG READING KNOWN AS TECHNICALS ,NO ONE CAN PREDICT 100% TREND MOVEMENT,
    MIGHT HIT ON SPOT AND MIGHT NOT , MY VIEWS ARE JUST FOR SHARING ,
    NOR BUY OR SELL CALLS..................TRADE CARE FULLY AVOID BADLA,
    THANKS FOR READING MY VIEWS. *** AAB SAIFY ***

    "Losers are people who are AFRAID OF LOSING" ( ROBERT KIYOSAKI )

    #9 Karoon

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    Posted 04 July 2010 - 07:25 AM

    FBR bastards are lurking silently in the bush.
    Wo dekh rahe hein k agar market CGT ko hazam kar jai aur volumes bhi lagney shuru ho jain to phir hard kawaneen ka notification issue karein gey aur agar volumes masalsal down hi rahey to phir tax mein kuch behtri la saktey hein....ALLAH knows best
    FBR apni chup torey ga to phir hi baat aagey chaley gi.
    1. Every man has a right to be listened
    2. Hope for the best but be ready for the worst

    #10 manzoor alam khan

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    Posted 04 July 2010 - 02:22 PM

    QUOTE (Karoon @ Jul 3 2010, 02:16 PM) <{POST_SNAPBACK}>
    It means that KASB will also deduct 0.3% on cash transfer from KASB bank account to the client's trading account. ( Ref: AAB Saify bro said that this cash transfer at KASB will be tax free...I think KASB can not carry out this practice legally....I do not have account at KASB, Saify bhai can explain the situation)



    aur agar kasb direct mein direct deposit karein to tax hoga, ya nahi.
    and withdrawal par kya position hogi.

    #11 AAB SAIFY

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    Posted 04 July 2010 - 02:44 PM

    QUOTE (manzoor alam khan @ Jul 4 2010, 02:22 PM) <{POST_SNAPBACK}>
    aur agar kasb direct mein direct deposit karein to tax hoga, ya nahi.
    and withdrawal par kya position hogi.

    Read post # 6 ,
    But nothing clear yet.

    MY VIEWS ARE BASED ON MY CALCULATIONS OF SCRIPTS CHART I CALLED IT CHARTS ECG READING KNOWN AS TECHNICALS ,NO ONE CAN PREDICT 100% TREND MOVEMENT,
    MIGHT HIT ON SPOT AND MIGHT NOT , MY VIEWS ARE JUST FOR SHARING ,
    NOR BUY OR SELL CALLS..................TRADE CARE FULLY AVOID BADLA,
    THANKS FOR READING MY VIEWS. *** AAB SAIFY ***

    "Losers are people who are AFRAID OF LOSING" ( ROBERT KIYOSAKI )

    #12 salmanakbar

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    Posted 05 July 2010 - 12:33 AM

    QUOTE (research doctor @ Jul 3 2010, 06:16 PM) <{POST_SNAPBACK}>
    can any one tell that in which month (Dec, Jun or July?) the "annual returns of taxes" are submitted? CGT returns bhi usi waqt hi jama hon ge na!


    Fiscal year ends on june 30th ..... and till 30th september individuals have to submit their tax returns....so cgt for the year 2010-2011 will have to be submitted bext year in september....

    Brokers will not deduct anything on CGT .... it is self assesment.... you assess the tax yourself and submit it to FBR....

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