January 18, 2020 | The Biz Update

Business

FBR clarification on amendment In Section 73(4) of sales tax Act, 1990[STA]

The Biz Update5 years ago1 year ago05 mins

Karachi, January 18, 2020: The FBR issued Sales Tax General Order [STGO] 01 of 2020 dated 16th January 2020, whereby it has clarified the anomalies surfaced due to amendments made in Section 73 of STA through Tax Laws (Second Amendment) Ordinance 2019, the main purpose of which was to bring major distributors/retailers into documented regime….

Business

SSGC has not kept its promise to restore adequate gas supply with required pressure

The Biz Update5 years ago1 year ago07 mins

Karachi, January 17, 2020: It is a great apathy and irony that SSGC has not kept its promise to restore adequate gas supply with required pressure to the Industries of Karachi which was decided in the negotiations and dialogue held with the MD SSGC subsequent to peaceful protest of industries functioning in seven industrial zones…