Federal government approves Disparity Reduction Allowance of 25% for federal government employees

KARACHI: Federal Government has approved grant of Disparity Reduction Allowance of 25% of the basic pay with effect from March 01, 2021. This allowance will be admissible to civil employees in BPS 1-19 of the Federal Government (including employees of the Federal Secretariat and attached departments), who have never been… Continue reading

Government Announces a New Simplified and Convenient Tax Regime for Roshan Digital Accounts

Based on feedback from the diaspora and recommendations from SBP, the Federal Government has introduced several amendments in the Income Tax Ordinance 2001 through Tax Laws (amendment) Ordinance 2021 to make the taxation regime simple, convenient and hassle-free for Non Resident Pakistanis (NRPs) maintaining Roshan Digital Accounts (RDAs). The amendments simplify and reduce… Continue reading

SHC allows two week time to Federation for deciding Tribunal issues

KARACHI: Allowing a request made by Federal Government for giving more time to make appointments of Member Judicial & Technical to Special Customs Appellate Tribunal (SCAT). As the petition was taken up, an Assistant Attorney General appearing for the federal government submitted that appointments/decisions were delayed due to illness of… Continue reading

MS RAHAT KAUNAIN HASSAN ASSUMES CHARGE AS CCP CHAIRPERSON

ISLAMABAD: The newly appointed Chairperson of the Competition Commission of Pakistan (CCP), Ms. Rahat Kaunain Hassan, has assumed the charge of her office after the Federal Government issued a notification of her appointment as the Member and Chairperson of CCP for a three year term. Ms. Hassan studied Law at… Continue reading

SHC to hear arguments from Shipbreakers side on Feb 19 Petition by Association of Steel Melters, Re-Rollers

KARACHI: A constitution petition filed on behalf of steel scrap melters, re-rollers was heard here on Wednesday. Naveen Merchant Salim advocate representing petitioners continued her arguments. Opening the arguments today she said that country from where scrap is bought do not care for cutting the scrap in to sizes. The… Continue reading

JS Bank and Federal Government Join Hands To Fight Environmental Pollution

Pakistan: To support the federal government implement initiatives aimed at combating climate change and its impacts, the Federal Minister for Climate Change – Zartaj Gul, Islamabad Capital Territory Administration and JS Bank distributed canvas bags among the citizens as an alternative to polythene shopping bags. The canvas bags distribution initiative… Continue reading

Apparently imports being discouraged observes SHC, DIT actions give rise to misgiving

KARACHI: The importers are expressing grievance that they were not allowed to work. It appears that attempts are made to curb imports drastically. These observations were made by an appellate bench of High Court of Sindh hearing petitions filed by Islam Engineering (pvt) Limited. Barrister Wajeeha Mehdi appearing for the… Continue reading

No official word on Judicial references increases speculations

KARACHI: The federal government appeared to be in a fix after an hour and a half long hearing of judicial references by the Supreme Judicial Council (SJC). The official quarters or the SJC which was supposed to share the developments with media remained silent. Attorney General Pakistan Anwar Mansoor Khan… Continue reading

Petitions challenging vires of Additional Sales Tax adjourned

KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan on Wednesday adjourned hearing in over 80 identical petitions challenging vires of the 3 per cent additional Sales Tax imposed through Finance Bill. The adjournment came on the request… Continue reading

Federal government sitting on 60 power projects proposed by Sindh

KARACHI: As many as 60 power generation projects proposed by Sindh government were pending before federal government since many years, and no progress could be made on these projects till now, Sindh Minister for Energy Imtiaz Ahmed Shaikh said. “Sindh holds the key to Pakistan’s energy problem,” Shaikh said addressing… Continue reading