budget proposals

PSX recommends modification in tax laws for Shariah compliant criteria

KARACHI: Pakistan Stock Exchange (PSX) has recommended modification in Shariah compliance criteria under Income Tax laws to make it practically possible to meet the requirement. The PSX in its proposals for budget 2021/2022 said that the modification would held the promotion and development of Islamic capital markets by encouraging new listings of companies on PSX […]

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budget proposals

Short term tax policies should be avoided to attract investors

KARACHI: The government should avoid short term tax policies to ensure stable economic environment so investors can plan their investments in the country. Pakistan Stock Exchange (PSX) in its proposals for budget 2021/2022 said that as much as favorable tax treatment, investors need a stable and predictable tax environment. When making a long-term investment decision, […]

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FBR Blue

FBR deputes IR officers for budget preparation

ISLAMABAD: Federal Board of Revenue (FBR) on Friday assigned the services of following officers of Inland Revenue (IR) with Member (IR-Policy) with immediate effect and until further orders for ongoing Budget exercise and for preparation of Finance Bill, 2021-2022. Shabih-ul-Aijaz (IRS/BS-20) presently posted as Commissioner-IR (Audit-II), Large Taxpayers Office, Lahore. Taudeer Ahmad (IRS/BS-19) presently posted […]

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