Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: President Karachi Chamber of Commerce & Industry (KCCI) Agha Shahab Ahmed Khan has said that due to rapidly changing dynamics globally and advanced methods of doing business particularly the…
KARACHI: A customs appellate bench of High Court of Sindh (SHC) headed by Justice Mahmood A Khan on Wednesday allowed a request by Master Road Corporation (SMC PVT) Ltd, Lahore…
KARACHI: The government through the Tax Laws (Second Amendment) Ordinance, 2019, notified the rate of minimum tax under Section 113 of Income tax Ordinance for tax year 2020 will be…
KARACHI: Through the Tax Laws (Second Amendment) Ordinance, 2019, the government has made it mandatory for all banking companies and financial institutions maintaining special convertible rupee account (SCRA) to withhold…
KARACHI: The government of Pakistan has promulgated the Tax Laws (Second Amendment) Ordinance, 2019, which notifies several amendments in the Sales Tax Act, 1990. It provides penalties for the persons…
LONDON: Gresham House Plc, the specialist alternative asset manager, has sold its first material battery storage development project to Gresham House Energy Storage Fund for £32.8 million. The 49MW battery-only…
LONDON: ReAssure Group has confirmed the completion of the acquisition of Quilter plc’s Heritage life and pensions division, Old Mutual Wealth Life Assurance Limited. The transaction is expected to generate…
KARACHI: Amendments in the Income Tax Ordinance, 2001 have been issued to simplify the tax regime for non-resident companies investing in debt instruments and Government securities. These amendments aim to…
KARACHI: MCC Appraisement East has lodged an FIR against M/s New Madina Welfare Society for submitting bogus and fabricated commercial invoice and donation certificate to get undue benefit of exemption…