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Sohail Sarfraz

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P/L statement: SECP extends major relief to companies

The Securities and Exchange Commission of Pakistan (SECP) Monday extended a major relief to all companies including mutual funds from submission of certain information in filing of Statement of Profit or Loss, as on March 31, 2020.
Published 07 Apr, 2020 12:00am
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Exemptions under construction package critically examined

The government will not inquire about the source of any amount declared in the wealth statement, which is invested in the purchase of land and construction of any structure on such land; construction of any structure on already owned land or first purchas
Published 05 Apr, 2020 12:00am
Business

ABAD hails PM's tax incentives as 'historic'

Chairman Association of Builders and Developers of Pakistan (ABAD) Mohsin Sheikhani has termed the tax incentives announced by Prime Minister Imran Khan as a historic package for the construction industry of Pakistan and this package will prove a turning
Published 04 Apr, 2020 12:00am
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SECP reduces fees for various regulated activities

To reduce cost of doing business of corporate sector, the Securities and Exchange Commission of Pakistan (SECP) on Thursday reduced fees for various regulated activities including renewal of licenses of Private Fund Management Company, Real Estate Investm
Published 03 Apr, 2020 12:00am
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AGMS, statements: SECP gives regulatory relief to corporate sector

The Securities and Exchange Commission of Pakistan (SECP) Wednesday announced regulatory relief for the corporate sector to dilute the impact of the coronavirus on working of companies across Pakistan. The SECP has issued a notification here on Wednesday
Published 02 Apr, 2020 12:00am
Business

FBR extends deadline for filing goods declaration

The Federal Board of Revenue (FBR) has extended time period for filing of goods declarations from existing 10 days of arrival of goods to 15 days, for all Import General Manifests (IGMs) filed between March 17, 2020, and April 2020.
Published 31 Mar, 2020 12:00am
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Launch of new Tax Directory delayed

The launching of the new Tax Directory of parliamentarians and for all taxpayers including tax payments made by public representatives, members of the National Assembly and the Senate, as well as corporate entities and individuals has been delayed.
Published 29 Mar, 2020 12:00am