Tax exemption limit for salaried class likely to increase to Rs900,000

16:36
June 12, 2024
MG

June 12, 2024 (MLN): The upcoming budget for FY25 might bring good news for the salaried class with a likely increase in the tax exemption limit.

According to reports, the current tax exemption threshold of Rs 600,000 per annum could be raised to Rs 900,000.

This adjustment would provide significant tax relief to salaried individuals, allowing for more disposable income and potentially boosting consumer spending and saving rates.

Copyright Mettis Link News

Posted on: 2024-06-12T16:32:04+05:00

FOREX

EQUITY

COMMODITIES

FOREX

PairID	Symbol	Bid	Ask	High	Low	Update
1	PKR	278.45000	278.65000	278.65000	278.45000	03:04 PM
2	EUR	1.06842	1.06844	1.06844	1.06842	02:02 PM
3	GBP	1.26311	1.26316	1.26316	1.26311	02:02 PM
4	CHF	0.89680	0.89720	0.89720	0.89680	02:02 PM
5	JPY	160.66300	160.67300	160.67300	160.66300	02:02 PM
6	CAD	1.36939	1.36952	1.36952	1.36939	02:02 PM
7	AUD	0.66555	0.66558	0.66558	0.66555	02:02 PM
8	INR	83.56110	83.56160	83.56160	83.56110	02:02 PM
9	SAR	3.75150	3.75170	3.75170	3.75150	11:02 PM
10	AED	3.67260	3.67360	3.67360	3.67260	09:51 PM
11	HKD	7.80920	7.80930	7.80930	7.80920	02:02 PM
12	CNH	7.29999	7.30007	7.30007	7.29999	02:02 PM
13	CNY	7.26660	7.26670	7.26670	7.26660	03:39 PM
14	THB	36.93000	36.95000	36.95000	36.93000	02:02 PM
15	MYR	4.71000	4.71500	4.71500	4.71000	05:15 AM
16	IDR	16,423.30000	16,432.10000	16,432.10000	16,423.30000	02:02 PM
17	SGD	1.35856	1.35868	1.35868	1.35856	02:02 PM
18	NZD	0.60830	0.60835	0.60835	0.60831	02:02 PM
19	MXN	18.27030	18.30030	18.30030	18.27030	02:02 PM
20	TRY	32.85470	32.86470	32.86470	32.85470	02:02 PM
21	SEK	10.56420	10.56730	10.56728	10.56415	02:02 PM
22	ZAR	18.12140	18.17370	18.17370	18.12140	02:02 PM
23	NOK	10.67250	10.67720	10.67723	10.67246	02:02 PM
24	DKK	6.98059	6.98115	6.98115	6.98059	02:02 PM
25	ARS	910.98200	910.99200	910.99230	910.98230	02:02 PM
26	BDT	115.84600	119.21600	119.21590	115.84584	07:19 AM
27	BHD	0.37690	0.37700	0.37700	0.37690	09:44 PM
28	BRL	5.51010	5.51310	5.51310	5.51010	02:02 PM
29	KRW	1,392.24000	1,392.86000	1,392.86000	1,392.24000	02:02 PM
30	KWD	0.30678	0.30688	0.30688	0.30678	11:02 PM
31	LKR	302.25700	308.81000	308.80990	302.25700	07:19 AM
32	OMR	0.38495	0.38505	0.38505	0.38495	07:36 PM
33	QAR	3.64450	3.64650	3.64650	3.64450	11:02 PM
34	RUB	87.24500	87.25340	87.25340	87.24498	02:02 PM
35	AFN	69.00000	71.00000	71.00000	69.00000	12:51 PM
36	AZN	1.70000	1.70000	1.70000	1.70000	07:51 AM
37	TMT	3.36000	3.66000	3.66000	3.36000	12:57 PM
38	MVR	15.26000	15.55000	15.55000	15.26000	12:57 PM
39	UZS	12,575.00000	12,625.00000	12,625.00000	12,575.00000	12:58 PM
40	PHP	58.92200	58.96200	58.96200	58.92200	02:02 PM
42	NGN	1,539.74000	1,540.74000	1,540.74000	1,539.74000	01:55 PM
43	KES	128.00000	129.00000	129.00000	128.00000	12:57 PM
44	AMD	388.33000	388.33000	388.33000	388.33000	08:06 AM
45	TWD	32.54850	32.57850	32.57850	32.54850	02:02 PM
46	XAU	2,301.13000	2,301.47000	2,301.47000	2,301.13000	02:02 PM
47	XAG	28.89320	28.89980	28.89980	28.89320	02:02 PM
48	XPT	1,015.60000	1,017.40000	1,017.40000	1,015.90000	11:02 PM
49	XPD	931.69000	939.50600	938.75000	931.69010	11:02 PM
2,120	VES	36.31060	36.33050	36.33049	36.31065	02:02 PM
2,212	UGX	3,673.45000	3,757.71000	3,757.70568	3,673.45219	07:19 AM
2,213	TZS	2,635.63000	2,635.66000	2,635.65900	2,635.62900	07:19 AM

Data is delayed by 20 minutes

EQUITY

Name	High	Current	Low	Change	% Change	Volume	Value	DateTime
KSE100	78,679.50	78,275.645	77,968.91	335.065	0.430	219,556,647.0	14,357,483,770.610	26/06/2024 04:12 PM
ALLSHR	49,576.94	49,314.224	49,094.19	67.162	0.136	465,357,307.0	19,654,968,891.520	26/06/2024 04:12 PM
KSE30	25,500.84	25,381.363	25,195.83	194.332	0.772	96,823,952.0	11,532,062,333.950	26/06/2024 04:12 PM
KMI30	127,494.28	126,331.935	126,154.51	148.730	0.118	76,122,554.0	7,129,533,396.890	26/06/2024 04:12 PM
KMIALLSHR	34,905.57	34,610.364	34,538.86	-46.259	-0.134	212,007,701.0	11,755,917,894.720	26/06/2024 04:12 PM
BKTi	20,638.15	20,460.265	20,423.04	-19.439	-0.095	8,964,219.0	994,311,639.070	26/06/2024 04:12 PM
OGTi	17,345.07	17,205.950	16,806.47	323.947	1.919	38,976,218.0	5,237,072,885.030	26/06/2024 04:12 PM

Data is delayed by 20 minutes

COMMODITIES

Name	Symbol	Last	High	Low	Change
BITCOIN FUTURES	BTC	61,095.0	62,495.0	60,835.0	-960.00
BRENT CRUDE	EB	85.6	85.8	84.5	0.62
RICHARDS BAY COAL MONTHLY	EF	112.0	0.0	0.0	3.75
ROTTERDAM COAL MONTHLY	ET	109.8	0.0	0.0	0.85
USD RBD PALM OLEIN	POL	832.5	832.5	832.5	0.00
CRUDE OIL – WTI	QCL	81.3	81.6	80.2	0.49
SUGAR #11 WORLD	SB	19.5	19.7	19.3	0.02

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