OTTAWA: Trudeau’s government had flirted with the idea of raising capital gains taxes or rates on the wealthy but instead the government decided to hike sin taxes and close some corporate loopholes. But it may only be a matter of time with Finance Minister Morneau promising to release a paper later this year that will outline potential tax change for high earners. In terms of government finances, the new budget is negligible with changes announced today with savings of $200m next year and rising to $1.9 billion in 2019-2020.
lamic banking assets reach Rs14.47 trillion, sector share rises to 23%
KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...
