In the early trade on Tuesday, the Pakistani Rupee experienced a depreciation against the US Dollar, primarily attributed to increased demand for imports and corporate payments.
(more…)Day: February 19, 2019
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Income Tax Ordinance 2001: Commissioner’s power to make provisional assessment
The Income Tax Ordinance, 2001 (ITO 2001) in Pakistan has granted power to the Commissioner to initiate provisional assessments when a person’s concealed asset is impounded by any government agency.
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