FPCCI Rejects the Increase in Electricity Rates
Karachi (PR): The President and the Bearers at the Federation of Pakistan Chambers of Commerce & Industry (FPCCI) have shown concerns over the per unit increase in electricity rates. The…
Government promulgates Ordinance to withdraw Rs140 billion tax exemptions
KARACHI: The government of Pakistan has promulgated the Ordinance affecting amendments to certain tax laws, which results in withdrawal of Rs140 billion tax exemptions. Download the Ordinance here: Incometax(secondamendment)ordinance,2021)ordinanceNo.VIIof2021dataed22.03.2021
FBR extends date of furnishing of taxpayer’s profile up to June 30, 2021
KARACHI: The Federal Board of Revenue (FBR) has notified extension in date of furnishing of taxpayer’s profile up to June 30, 2021. “In exercise of the powers conferred under section…
SBP Develops Digital Bank Regulatory Framework Draft for Public Consultation
State Bank of Pakistan (SBP) has developed a Digital Bank draft Regulatory Framework for public consultation. The proposed Framework has been shared with the industry and placed on the SBP’s…
SHC suspends judgment subject pay of 50 per cent amount payable
KARACHI: A customs appellate bench of High Court of Sindh allowed an application filed by Fauji Cement seeking suspension of its judgment in a SCRA and constitutional petitions conditionally. The…