06-18-2004, 01:03 AM
Dear Motasim
The Government recently has levied @ 0.1 % cvt on the purchase of modarba certificate or any other instrument of redeamable capital.
this cvt will be collected by member of stocfk exchange. Various stakholder very much contested this levy. And finally the government has constitued a committee to settle this issue, but still not finalised as per my knowledge.
<font face='Century Gothic'></font id='Century Gothic'><font size=4></font id=size4><b></b><center></center>
massood ar.
The Government recently has levied @ 0.1 % cvt on the purchase of modarba certificate or any other instrument of redeamable capital.
this cvt will be collected by member of stocfk exchange. Various stakholder very much contested this levy. And finally the government has constitued a committee to settle this issue, but still not finalised as per my knowledge.
<font face='Century Gothic'></font id='Century Gothic'><font size=4></font id=size4><b></b><center></center>
massood ar.