revised

Power tariff is expected to be cut by Rs 10 per unit as the government approves revised deals with 14 independent power projects. – Trendy Blogger

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Power tariff is expected to be cut by Rs 10 per unit as the government approves revised deals with 14 independent power projects. – Trendy Blogger

The federal cabinet, headed by Prime Minister Shehbaz Sharif, has approved revised agreements with 14 independent power producers, a move that is expected to bring down electricity prices by Rs 10-11 per unit. The renegotiated contracts are set to save 802 billion rupees by reducing profits and costs of independent power projects, while deducting an … 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

Agritech receives revised offer from FFC amid competing bid from Maple Leaf Cement – Trendy Blogger

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Agritech receives revised offer from FFC amid competing bid from Maple Leaf Cement – Trendy Blogger

Agritech Limited has received a revised public offer from Fauji Fertilizer Company Limited (FFC) to acquire up to 151,052,013 ordinary shares, with the offer price increasing from Rs 38.84 to Rs 39.05 per share, the company announced in a share filing on Tuesday. The revised offer, which aims to secure approximately 35.57% of AGL’s total … Read more