Karachi, April 13, 2020: In the Finance Act 2019, an amendment has been made to Section 8 (Sub-Sec.1, Clause M) of Sales Tax Act, by addition of 10th Schedule, whereby it is mandatory to provide CNIC number of unregistered buyers in the invoice and Sales Tax Returns in addition to payment of 3 percent Further…
Karachi, April 13, 2020: Organisations large and small, in the public and private sectors, have expressed deep concerns about the impact of Covid-19 on their people, productivity and cashflow, according to ACCA’s new global research among 10,000 finance professionals, including an expert panel of 353 in Pakistan. Head of ACCA, Pakistan, Sajjeed Aslam, said: ‘Our…
Karachi, April 13, 2020: In response to the recent reports appearing in media on the Inquiry Committee’s Report (Report) over alleged losses in the Power Sector, the Independent Power Producers Advisory Council (IPPAC) categorically rejects the allegations being attributed to such Report. The reports appearing in the media makes unsubstantiated allegations against the Independent Power…
Karachi, March 13, 2020: While appreciating the decision of Balochistan Cabinet meeting presided over the Chief Minister of Balochistan Mr. Jam Kamal Khan Aliyani to approve the relaxation in various taxes and deferment of increase in fees, royalty and rent on Mines and Minerals including the suspension of the recovery of 1 percent Balochistan Infrastructure…
Karachi, April 11, 2020: Naya Jeevan and SWVL announced a strategic alliance offering comprehensive health & life insurance coverage (including COVID-19 coverage) to SWVL’s 1000+ captains and their families for the first time. Naya Jeevan has been championing the right to health & life insurance coverage especially for the lower & middle segments of the…