Daily Archives: March 17, 2017

Budget Proposals 2017/2018: FBR urged to reduce number of withholding tax rates to five from 55

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KARACHI: Foreign and multinational companies have urged the Federal Board of Revenue (FBR) to revamp withholding tax regime and reduce the number of tax rates to 5 from 55 rates.

NCCPL announces collection of CGT on March 28

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KARACHI: National Clearing Company of Pakistan Limited (NCCPL) on Friday announced that Capita Gain Tax (CGT) for the month of February 2017 will be collected on March 28.

30,000 companies get relaxation from appointing legal advisor: SECP

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ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has achieved another milestone in ease of doing business as its recommendations to amend the 43-year-old Companies (Appointment of Legal Advisors) Act, 1974, has been approved by the Parliament.