Islamabad: In the aftermath of the enactment of “tax laws (amendment), 2025”, the Federal Council for Revenue (FBR) began recovery procedures against companies in which the courts ruled in favor of FBR. The Grand Tax Office (LTO), Islamabad, remained open late on Saturday night to recover taxes from telecommunications companies after the decree was approved. … Read more
Islamabad: Urgent preliminary legislation, rapid accreditation for AAOIFI (Accounting and Review Organization for Islamic Financial Institutions) standards specifically designed for the local financial context, and the creation of a framework of the strongest Sharia governance are important steps to ensure sustainable and reliable growth of Islamic banks and non -abstract financial institutions. This requires coordinated … Read more
On Thursday, Justin Baldouni’s lawyers responded to Blake Livley’s attempt to put a defamation lawsuit, on the pretext that the California law aimed at protecting the victims of harassment does not apply to “fabricated” calls for LVly. Actress and director filed a $ 400 million lawsuit against Lively, his co -star, and her husband Reynolds … Read more
IslamabadThe government is scheduled to submit a law for bankruptcy to help companies, especially in reviving the troubled industrial units, according to Aaron Aarkh Khan, a special assistant to the Prime Minister for Industries and Production. Speaking at a session in the Chamber of Commerce and Industry in Lahore (LCCI), Khan stressed that restoring work … Read more
It is time to “check the Czech” with the start of the new audiovisual box. “This is what he says to my shirt. You must” check the Czech Republic “because we are ready. There are many good producers, so let’s go,” vratislav šlajer, president of the audiovisual producers Association. During the Berlinale Committee, the CEO … Read more
IslamabadCommercial bodies throughout Pakistan expressed their strong opposition to the recent amendment in section 11 of the Commercial Organizations Law, which reduces the state of elected rooms from two to one. The President of the Federation of Chambers of Commerce and Industry in Pakistan (FPCCI) urged Akram Sheikh, who was addressing a press conference alongside … Read more
Under the Taxation Laws (Amendment) Bill, 2024, the Federal Board of Revenue (FBR) will now share income tax return data with banks for cross-matching with bank records. This step aims to tighten compliance and reduce tax evasion by implementing restrictions on the economic activities of non-filers. The bill defines two categories: “qualified persons,” who have … Read more
Australia has proposed a landmark law to impose fines of up to A$50 million on global technology giants for anti-competitive practices, sparking a heated debate about the future of the digital market. “This is about leveling the playing field,” Assistant Treasurer Stephen Jones said, addressing attendees at the McKell Institute. “The digital economy challenges our … Read more
Acting President Yousuf Raza Gilani. – Application/File Earlier in the day, all six bills were approved by the Senate and the National Assembly. A bill seeking to increase the number of IHC judges has been approved. The Supreme Committee’s draft law on practices and procedures also received Parliament’s approval. All six bills approved by the … Read more
Army vehicle patrol and police officers stand guard along the road near the cantonment area in Bannu, December 21, 2022. — Reuters The Human Rights Commission of Pakistan fears that the legal reform “may be used against political rivals.” The bill terms it a “gross violation of the right to due process” and a “fair … Read more