The Pakistan Tax Bar Association (PTBA) has urged the government to include late filers into Active Taxpayers List (ATL) by deleting Section 182A of the Income Tax Ordinance, 2001.
(more…)Author: Hamza Shahnawaz
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KSE-100 gains 63 points in mixed trading
The benchmark KSE-100 index displayed a mixed trading session on Friday, ultimately closing with a modest gain of 63 points, reaching a level of 39,306 points compared to the previous day’s closing at 39,244 points.
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Rupee strengthens on shrinking current account deficit
The Pakistani Rupee exhibited strength against the US Dollar on Friday, gaining five paisas in the interbank foreign exchange market, with the exchange rate closing at Rs138.84 to the dollar.
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Ikram Sehgal appointed as K-Electric new chairman
The board of directors of K-Electric announced the appointment of Ikram Sehgal as Director and Chairman of the company. This decision comes following the cessation of Muhammad Tayyab Tareen’s role as Director and Chairman, effective January 18, 2019.
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Canada, Pakistan have potential to further grow trade ties
Canada and Pakistan have potential to further grow their trade ties, said Canadian Deputy High Commissioner, Ms. Wendy Gilmour while expressing her optimism.
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Govt. agrees to abolish withholding tax on cash withdrawal: KCCI
KARACHI: The government has agreed to abolish the withholding tax on cash withdrawals from bank accounts by filers.
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Sindh government notifies lifting ban on high rise buildings
The Sindh government, in compliance with a Supreme Court ruling, has officially lifted the ban on the approval of high-rise buildings in the province.
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Pakistan, Saudi businessmen sign pact to explore new trade opportunities
Pakistan and Saudi Arabia have taken a significant step toward enhancing their bilateral trade and economic ties as businessmen from both countries inked a pact to explore new opportunities for mutual benefit.
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Foreign Direct Investment Falls By 19.2pc in July-December
The State Bank of Pakistan (SBP) has reported a significant decrease in the inflow of Foreign Direct Investment (FDI) into Pakistan during the first half of the current fiscal year, signaling a challenging economic environment.
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Rupee Eases Against Dollar in Stable Currency Market
The Pakistani Rupee experienced a slight decline of one paisa against the US Dollar in a range-bound foreign currency market on Wednesday.
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