By Ashfaq Tola
Amendments in Income Tax Ordinance, 2001
1. RULES FOR PERSONS NOT APPEARING IN ACTIVE TAXPAYER LIST – TENTH SCHEDULE
The bill proposes to abolish the concepts of “Filer” and “Non filer” and has instead introduced rules in form of...
It is incredible to note that even today 72 percent of tax burden is on the industry in Pakistan, while 38 percent is on remaining 80 percent of the economy which is inherently unfair system and against industrialization.
For Pakistan,...
Due to its role as the National leader of the Accountancy profession, the Institute of Chartered Accountants of Pakistan (ICAP/ the Institute) has shared a close relationship with the Government of Pakistan.
The Institute with its commitment to serve public...