Pakistan

SBP tightened banking industry by raising Minimum Capital Requirement

State Bank of Pakistan has raised Minimum Capital Requirement (MCR) by 400% to fix it at Rs.10 billion. (Read more)

Pakistan

Income Tax Return Filing Date further extended by 15 days

FBR has announcd further extension upto October 30, 2010 for filing (a) Returns by Business Individuals, Salaried person and AOP, and (b) Annual Statement by Employer

Pakistan

Proposed Amendments in Capital Gain Tax (CGT) calculations

The Federal Board of Revenue proposes certain further amendments under S.R.O.865 (I)/2010 in respect of Capital Gain Tax (CGT) calculations ...(for details)

Pakistan

FBR drafting reformed GST Rules 2010

September 25, 2010: The Federal Board of Revenue (FBR) is drafting reformed General Sales Tax (RGST) Rules 2010...(for details)

Pakistan

Competition Bill, 2010 approved unanimously by National Assembly:

On Thursday 23th Septmeber the National Assembly passed..(for details)