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Sohail Sarfraz

Markets

RD on import of over 43 items rationalized

The Federal Board of Revenue (FBR) has rationalised regulatory duty on imports of over 43 items including abolition of RD on the import of input materials used for manufacturing of auto parts by local vendors. The FBR has amended SRO 1255(I)/2018 through
Published 13 Feb, 2019 12:00am
Markets

RD on import of over 43 items rationalized

The Federal Board of Revenue (FBR) has rationalised regulatory duty on imports of over 43 items including abolition of RD on the import of input materials used for manufacturing of auto parts by local vendors. The FBR has amended SRO 1255(I)/2018 through
Published 13 Feb, 2019 12:00am
Print

AML/CFT regime: SECP tells entities to ensure strict compliance

The Securities and Exchange Commission of Pakistan (SECP) has directed regulated persons (securities brokers, commodities brokers, insurers, Takaful operators, non-banking finance companies (NBFCs) and Modarabas) to ensure strict compliance with anti-mone
Published 09 Feb, 2019 12:00am
Print

AML/CFT regime: SECP tells entities to ensure strict compliance

The Securities and Exchange Commission of Pakistan (SECP) has directed regulated persons (securities brokers, commodities brokers, insurers, Takaful operators, non-banking finance companies (NBFCs) and Modarabas) to ensure strict compliance with anti-mone
Published 09 Feb, 2019 12:00am
Print

AML/CFT regime: SECP tells entities to ensure strict compliance

The Securities and Exchange Commission of Pakistan (SECP) has directed regulated persons (securities brokers, commodities brokers, insurers, Takaful operators, non-banking finance companies (NBFCs) and Modarabas) to ensure strict compliance with anti-mone
Published 09 Feb, 2019 12:00am
Print

Another request to Switzerland made: Azhar

Minister of State for Revenue Muhammad Hammad Azhar said on Thursday that the government is seeking foreign bank accounts data of Pakistanis from 10 more foreign tax jurisdictions including Switzerland under the Organisation for Economic Cooperation and D
Published 08 Feb, 2019 12:00am
Print

Another request to Switzerland made: Azhar

Minister of State for Revenue Muhammad Hammad Azhar said on Thursday that the government is seeking foreign bank accounts data of Pakistanis from 10 more foreign tax jurisdictions including Switzerland under the Organisation for Economic Cooperation and D
Published 08 Feb, 2019 12:00am
Print

Another request to Switzerland made: Azhar

Minister of State for Revenue Muhammad Hammad Azhar said on Thursday that the government is seeking foreign bank accounts data of Pakistanis from 10 more foreign tax jurisdictions including Switzerland under the Organisation for Economic Cooperation and D
Published 08 Feb, 2019 12:00am
Print

Benami Act will be made operational this week

Federal Board of Revenue (FBR) Monday announced that Benami Act will be made operational this week, empowering the government to confiscate all properties and bank accounts registered with a fictitious person. This was disclosed by FBR Member Inland Reven
Published 05 Feb, 2019 12:00am
Print

Benami Act will be made operational this week

Federal Board of Revenue (FBR) Monday announced that Benami Act will be made operational this week, empowering the government to confiscate all properties and bank accounts registered with a fictitious person. This was disclosed by FBR Member Inland Reven
Published 05 Feb, 2019 12:00am
Print

Benami Act will be made operational this week

Federal Board of Revenue (FBR) Monday announced that Benami Act will be made operational this week, empowering the government to confiscate all properties and bank accounts registered with a fictitious person. This was disclosed by FBR Member Inland Reven
Published 05 Feb, 2019 12:00am
Print

Foreign bank accounts: FBR likely to issue notices anytime soon

The Federal Board of Revenue (FBR) is in the process of establishing exact ownership of 160,000 foreign bank accounts purportedly owned by Pakistani nationals abroad through Organisation for Economic Co-operation and Development (OECD), it is learnt. Sour
Published 03 Feb, 2019 12:00am
Print

Foreign bank accounts: FBR likely to issue notices anytime soon

The Federal Board of Revenue (FBR) is in the process of establishing exact ownership of 160,000 foreign bank accounts purportedly owned by Pakistani nationals abroad through Organisation for Economic Co-operation and Development (OECD), it is learnt. Sour
Published 03 Feb, 2019 12:00am