RELAXATION FROM CERTAIN PROVISIONS OF NON-BANKING FINANCE COMPANIES AND NOTIFIED ENTITIES REGULATIONS, 2008 AND CIRCULARS DUE TO COVID-19 PANDEMIC SECP vide Circular No. 11 of 2020 dated April 09, 2020 relaxed certain provisions of the Non-Banking Finance Companies and Notified Entities Regulations, 2008 and Circulars issued thereunder in pursuant to the challenges being faced [...]
ISSUING AUTHORITY: FEDERAL BOARD OF REVENUE POWERS EXERCISED U/S: 53(2) OF ITO, 2001 NOTIFICATION NO: SRO. 300(I)/2020 DATE OF ISSUANCE: APRIL 10, 2020 EFFECTIVE FROM: WITH IMMEDIATE EFFECT (i.e. APRIL 10, 2020) AMENDMENTS MADE IN: SECOND SCHEDULE TO ITO, 2001 COMMENTARY Clause 61 Part I Through this notification a new [...]
ISSUING AUTHORITY: FEDERAL BOARD OF REVENUE POWERS EXERCISED U/S: 4(1) & 40 OF FED ACT, 2005 219 OF CUSTOMS ACT, 1969 50 OF STA, 1990 NOTIFICATION NO: SRO. 295(I)/2020 DATE OF ISSUANCE: APRIL 8, 2020 EFFECTIVE FROM: WITH IMMEDIATE EFFECT (i.e. APRIL 8, 2020) AMENDMENTS MADE IN: SALES TAX RULES, 2006 COMMENTARY [...]
Dear Valued Client, In continuation of our regular practice, we are pleased to present and publish our Newsletter for the month of MARCH 2020. Please click on link mentioned below to access and study the Khilji & Co, Chartered Accountants Newsletter (MARCH 2020.) KCO Newsletter March 2020 This Newsletter envisages following aspects: [...]
Sales Tax exemption to Fight COVID-19
Regulatory measures related to COVID-19
Introduction Khyber Pakhtunkhwa Revenue Authority Notification No. KPRA/GN/2019/619 on Feb 6, 2020. Commentary The Khyber Pakhtunkhwa Revenue Authority (KPRA) issued a notification dated March 06, 2020 specifying the persons liable to pay sales tax in cases where services are provided or rendered by non-resident person having no place of business or physical presence in Pakistan. [...]
KPRA Extension
202032414339389612020-03-24(ExtensionindateforSTreturns).
