PSX Manages 120,000 Points above due to Upcoming Budget Relief

Pakistan Stock exchange is optimistic due to budget relief and reducing taxes on the salaries class, which has was the hardest hit in FY 2025 budget. It is expected that FBR and government of Pakistan will announce reforms and reduce the taxes on salaries class, which have been the hardest hit in the current budget. It is expected that there will be relief measures for investors as well. It usual for any country to be optimistic regarding budget relief ,however, this time investors including business personal have a threshold regarding budget expectation and they have maintained there optimistic to the ground realties.

That is why when the government of Pakistan will announce the budget is highly likely that the current trend of PSX will be maintained and the PSX can cross 125,000 points after the budget. It is a fact that the hope are not high regarding the budget. Everyone knows that Pakistan budget will have its limitations due to IMF tax targets and defense budget increased. Therefore the investors and business personal have adjusted the budget expectation according to it and judging the ground realties. 

However, it is expected that government of Pakistan will encourage to boost Pakistan's FDI and for that government of Pakistan will require to reform and encourage investment in Pakistan stock exchange. PSX is the key to boost investment and bring FDI. There are thousands of international companies listed in PSX and government should ensure that they at least encourage investment by reducing taxes and captial gain taxes. Moreover, right Pakistan stock exchanged ended with 120,450.87 points.