Another great article by our Nicholas Ali. Worth the quick read.
Has Division 296 hit a roadblock? LRBA interest rate rises, the importance of BDBNs and the NALE Bill finally gets over the line.
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Another great article by our Nicholas Ali. Worth the quick read.
Has Division 296 hit a roadblock? LRBA interest rate rises, the importance of BDBNs and the NALE Bill finally gets over the line.
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Has Division 296 hit a roadblock? LRBA interest rate rises, the importance of BDBNs and the NALE Bill finally gets over the line. Great read below from our Director of Technical Services Nicholas Ali.
Has Division 296 hit a roadblock? LRBA interest rate rises, the importance of BDBNs and the NALE Bill finally gets over the line.
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APRIL RATES Prime Rate = 8.50% Fixed Interest Rate Base = Prime [+ allowable spreads] SBA LIBOR was officially sunset on 6/30/2023 SBA Optional Peg Rate = 4.25% [April 1, 2024 - June 30, 2024] [SOP 50 10 5, "Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up."] #sbalending #sba7a
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#UnionBudget2024 With increased taxes on LTCG & STCG and reduction in gold import duty, it seems like govt is doing reverse financialisation, thus promoting gold over equities. *Negative for Equity and SGB Investors. *No indexation anymore, even bad for Real Estate.
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FEBRUARY RATES Prime Rate = 8.50% Fixed Interest Rate Base = Prime [+ allowable spreads] SBA LIBOR was officially sunset on 6/30/2023 SBA Optional Peg Rate = 4.88% [January 1, 2024 - March 31, 2024] [SOP 50 10 5, "Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up."] #sbalending #sba7a
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https://lnkd.in/d347ci6f By Amin Kef (Ranger) One of the issue... By Amin Kef (Ranger) One of the issues that are heatedly discussed and debated in many quarters across the country today is the increase in the Wellington-Masiaka toll gate fees or rates as was recently disclosed by the Minister of Works and Public Assets, Dr. Denis Sandy. According to him, the new rates, as outlined […] https://lnkd.in/dWhSBGs2
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These proposed tax on Real Estate will only work, if Govt declares a war on large cash payments. Ban transfer of ownership unless payment is made in a documented way, like via a Bank RTGS, payorder, cheques. Right now, FBR values are well below market value. In developed countries, local city governments regularly appraise real estate valuations. FBR wealth statements of even retired civil servants, politicians show DHA Phase 8 plots worth 57,000,000+ under declared at PKR 400,000-PKR 1,000,000. Bulk of the payment is made via cash, with large note denominations (5K) facilitating tax evasion. This untaxed capital is lost to Hawala Hundi, purchase of foreign currency from the black market, gold, other tangible hard assets like jewelry studded Rolex.
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MAY RATES Prime Rate = 8.50% Fixed Interest Rate Base = Prime [+ allowable spreads] SBA LIBOR was officially sunset on 6/30/2023 SBA Optional Peg Rate = 4.25% [April 1, 2024 - June 30, 2024] [SOP 50 10 5, "Base Rates will be rounded to two digits with .004 being rounded down and .005 being rounded up."]
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HSD prices remained stable at PKR 276.21/liter. Similarly, PDL and sales tax on HSD remained unchanged at PKR 60.00/liter and zero, respectively. #Pakistan #Economy #AHL #PetrolPrice
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HSD prices remained stable at PKR 276.21/liter. Similarly, PDL and sales tax on HSD remained unchanged at PKR 60.00/liter and zero, respectively. #Pakistan #Economy #AHL #PetrolPrice
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https://lnkd.in/dN7zeeji By Amin Kef (Ranger) One of the issue... By Amin Kef (Ranger) One of the issues that are heatedly discussed and debated in many quarters across the country today is the increase in the Wellington-Masiaka toll gate fees or rates as was recently disclosed by the Minister of Works and Public Assets, Dr. Denis Sandy. According to him, the new rates, as outlined […] https://lnkd.in/dW6YzeN4
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