prohibits

The Securities and Exchange Commission (SECP) prohibits companies from accepting funds from blacklisted international NGOs – Trendy Blogger

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The Securities and Exchange Commission (SECP) prohibits companies from accepting funds from blacklisted international NGOs – Trendy Blogger

Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has taken strict measures to prevent companies from accepting funding from blacklisted or unregistered international non-governmental organizations (INGOs) operating within Pakistan. In a notification issued on Monday, the Securities and Exchange Commission of Pakistan proposed amendments to the Companies Regulations 2024, emphasizing that companies should not … Read more

The Court of Appeals for Internal Revenue prohibits commissioners from filing appeals under the Revised Income Tax Act – Trendy Blogger

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The Court of Appeals for Internal Revenue prohibits commissioners from filing appeals under the Revised Income Tax Act – Trendy Blogger

The Appellate Tribunal of Inland Revenue (ATIR) in Islamabad has ruled that commissioners are no longer eligible to file appeals under the amended Section 131 of the Income Tax Act, 2001. The court clarified that the term “commissioner” does not fall under the definition of “person”. “As defined in Article 2 (42), read with Article … Read more