Local auto manufacturers have given an ultimatum which has led Engineering Development Board (EDB) to urge the Federal Board of Revenue… Read More
FBR Opposes Imposition of Sin Tax on Cigarettes
Tobacco industry has reached a taxation saturation point and new taxes will be counterproductive. Federal Board of Revenue (FBR) will… Read More
Sindh Government Imposes New Tax on Water Companies
Following Chief Justice of Pakistan’s (CJP) orders, Sindh government has imposed an additional levy on all water companies in the… Read More
NAB to Investigate Tax Evasion in Cigarette Industry Worth Rs. 60 Billion
The Regional Board of National Accountability Bureau (NAB) Rawalpindi has notified the NAB headquarters about the tax evasion of Rs.… Read More
SECP Revamps Regulatory Framework for Real Estate Investment Trusts
In continuation of its efforts to foster growth of real estate investment trusts (REITs), the Security and Exchange Commission of… Read More
SECP Conditionally Removes Form Requirements Under Section 452 of Companies Act
In order to facilitate the corporate sector and streamline the filing of specified forms under Section 452 of the Companies… Read More
SECP Issues Guidelines for Holding Corporate Meetings
The Securities and Exchange Commission of Pakistan (SECP) has issued practices guide for conducting board of directors and general meetings,… Read More
Hubco Asks Govt for Furnace Oil Supply At Zero Sales Tax Rate
The Chief Executive Officer (CEO) Hub Power Company (Hubco) has recommended the federal government to supply furnace oil at zero rate… Read More
NTC Imposes Anti-Dumping Duty on Lead Pencils
National Tariff Commission (NTC) has imposed ‘Definitive Antidumping Duties’ on dumped imports of lead pencils into Pakistan coming from China.… Read More
CCP To Act Against PTCL For Abusing Its Dominant Position
The Competition Commission of Pakistan (CCP) has passed an order assuming its jurisdiction on the matter of an old show-cause… Read More
Shoe Company in Pakistan Sued for Low Quality Products
A Lahore-based consumer has filed a lawsuit against a local shoemaking company for selling him a low-quality pair of shoes.… Read More
CCP Asks for Stakeholders’ & Public’s Opinion for LNG Sector Study
The Competition Commission of Pakistan (CCP) has conducted a detailed study on the Liquefied Natural Gas (LNG) sector in Pakistan from the… Read More
