FED on services withdrawn
KARACHI: The much awaited withdrawal of the federal excise duty (FED) on services, which are now subject to provincial sales tax, has been proposed in the Finance Bill 2016. In…
NCCPL launches centralized clearing, settlement and custodial function
KARACHI: National Clearing Company of Pakistan Limited (NCCPL), which provides clearing and settlement services to all three stock exchanges in Pakistan, announced the formal full launch of its latest service…