This Blog is Written by Mr. Saif Uddin Khilji, Senior Manager Taxation, Accounting and Corporate Services. Please read this blog which will surely enhance the knowledge of readers about the Companies Act 2017. Post Incorporation Statutory Filing & Statutory Requirements Under the Companies Act, 2017 Incorporation of a Company Any three or more persons associated [...]
Dear Valued Client, In continuation of our regular practice, we are pleased to present and publish our Newsletter for the month of JUNE 2018. Please click on link mentioned below to access and study the Khilji & Co, Chartered Accountants Newsletter (June 2018) KCO Newsletter June 2018 This Newsletter envisages following aspects: Commentary on tax status [...]
This blog is written by Mr. Agha M. Mudasssar Khan, Manager Accounting, Taxation and Corporate Services. Please read this technically explained Blog and provide us your useful comments. THE CONCEPT OF LIMITED LIABILITY PARTNERSHIP (LLP) AND ITS CORE CONCEPTS Introduction A relatively new concept introduced by SECP in May 2018, namely Limited Liability Partnership (LLP) is a [...]
This blog is written by Mr. Ahmed Yar Khan, Manager Audit and Assurance Services. Please read this technically explained Blog and provide us your comments. AUDIT PLANNING (ISA - 300) It is a vital area of the audit primarily conducted at the beginning of audit process to ensure that appropriate attention is devoted to important areas, [...]
This blog is written by Mr. Hussain Mahmood, Manager Taxation and Corporate Services. Please send this interesting piece and attain a most relevant information. RESTRICTION ON PURCHASE OF CERTAIN ASSETS (Sec 227C) This is with reference to the introduction of a new section numbered as 227C vide Finance Act, 2018. The Section is reproduced hereunder: [...]
Khilji and Co, Chartered Accountants are pleased to continue the trend of publishing Yearly Tax Rate Card. Please find below the link where from our valued clients and readers can download / accessed the Income Tax and Sales Tax Rate Card for the year 2018-19. We hope that you will find it useful and please [...]
Introduction Federal Board of Revenue has issued Notification ref: 825/(I)/2018 dated June 29, 2018. Brief Commentary The SRO seeks to delete the clause (ba) from SRO 488(1)/2004 as if it never existed subject to condition that no refund or adjustment of sales tax under this omitted clause shall be admissible. The said SRO (488) mentions [...]
This particular blog is written by Syed Asim Habib, Senior Manager HR and Consulting. SOFT SKILLS An educational definition of Soft Skills is “personal attributes that enable someone to interact effectively and harmoniously with other people.” Broadly, soft skills like critical thinking, emotional intelligence, and adaptability are necessary for all employees to have. It refers [...]
This blog is written by Mr. Abdul Hafeez, Senior Manager Taxation and Corporate Services. Please read this blog and provide your valued comments. Double taxation and Tax treaties Double taxation occurs where residence country and source country impose tax on the same source. Thus double taxation is described as the imposition of income tax by [...]
The following blog is written by Mr. Atiq Ur Rehman, Senior Manager VAT, International Taxation. It is an extremely well written piece. Please read this blog and provide your valued comments. TAX AMNESTY SCHEMES IN FBR - GOOD or BAD Tax amnesty scheme is a word of the day in Pakistan as the Federal Board of [...]
