Pakistan Revenue
The Securities and Exchange Commission of Pakistan (SECP) has announced the closure of Companies Registration Offices (CROs) and facilitation centers until further notice as a preventive measure against the spread of coronavirus disease (COVID-19).
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KARACHI: The State Bank of Pakistan (SBP) on Tuesday said that the global and domestic spread of Covid-19 has brought an exceptional set of challenges for the country. “The spillovers from the global economy and the infection-containment measures in the country are bound to weaken the economic activity and consumer demand and adversely impact supply,” […]
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ISLAMABAD: The Committee on Issues of Cellular Mobile Operators has agreed to prepare proposals for withdrawal of withholding tax as a relief for cellular consumers in the wake of coronavirus outbreak. First meeting of the Committee on Issues of Cellular Mobile Operators was held here on Monday. Federal Secretary Ministry of IT Shoaib Ahmad Siddiqui […]
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ISLAMABAD: Pakistan Telecommunication Authority (PTA) is monitoring packages offered by telecom operators amid coronavirus pandemic. A statement issued on Monday, the PTA said that the telecom operators have launched many offers/initiatives for their subscribers. Some are offering discounts or temporary upgrades at low or no cost during the crisis to help their subscribers stay connected. […]
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KARACHI: The Pakistan Civil Aviation Authority (PCAA) has implemented new Standard Operating Procedures (SOPs) for international flights to minimize the risks associated with the COVID-19 pandemic. These measures, detailed in a recent directive, are designed to ensure the safety of passengers and crew members during air travel to and from Pakistan.
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KARACHI: Business community has urged the government to grant tax relief package for all sectors of the economy in order to dilute the adverse effect of coronavirus.
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ISLAMABAD: Federal Board of Revenue (FBR) on Friday exempted income tax on donations made to Prime Minister’s Corona Relief Fund. The FBR issued SRO 300(I)/2020 to make amendment to Second Schedule of Income Tax Ordinance, 2001 to allow exemption from whole of income tax on donations made to PM Corona Fund. The FBR also granted […]
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Pakistan on Thursday banned the export of anti-malarial drugs with immediate effect till further orders. The ministry of commerce issued SRO 297(I)/2020 to amend Export Policy Order, 2016 to impose the ban. The ban has been imposed due to high demand of the drugs in the wake of coronavirus spread. The ministry amended the export […]
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Engro Fertilizers has set up a 60-bed quarantine facility at its Technical Training College (TTC) in Daharki as part of its ongoing efforts to support the district authorities and local community amid the coronavirus outbreak, a statement from the company said on Thursday.
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KARACHI: World trade is expected to fall by between 13 percent and 32 percent in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world, said a statement issued by World Trade Organization (WTO) on Wednesday. The wide range of possibilities for the predicted decline is explained by the unprecedented […]
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