Introduction Federal Board of Revenue has issued Notification ref: 794/(I)/2018 dated June 26, 2018. Brief Commentary FBR has earlier through SRO 1125(1)/2011 dated December 31, 2011 included certain items in list of supplies chargeable to sales tax @ 0% to 5%, as the case may be, subject to conditions mentioned therein. Now through SRO 794(1)/2018 [...]
Readers of KCO blogs are welcomed once again. After a gap of almost 2 months, Khilji & Co, Chartered Accountants are pleased to start the Blog Writing Campaign. This particular campaign which will continue during upcoming weeks will consists of fresh Blogs written by all KCO Team members. This 1st blog is written by Mr. [...]
Federal Board of Revenue has issued following notifications ref(s) as stated below wherein respective subjects are being addressed. Please click on each of the links mentioned below each reference to read the individual SRO. All the SROs will be effective from July 1, 2018. SRO ref: 781(I)/2018, dated: June 21, 2018: Amendment in SRO 495(I)/2016 dt 4/07/2016 [...]
Securities and Exchange Commission of Pakistan issued Notification ref S.R.O S.R.O 766(I)/2018 dated June 13, 2018 (uploaded on June 20, 2018). Through this SRO, SECP issued alteration to the Seventh Schedule to the Companies Act, 2017 (XIX of 2017). Item No X, in sub-item (12A) the word “confirmation” shall be omitted. Please Click below to view [...]
Securities and Exchange Commission of Pakistan (SECP) has issued SRO ref: 770/(I)/2018 dated June 13, 2018 (updated / published on Website on June 20, 2018). Through the aforementioned SRO, SECP has issued Anti Money Laundering (AMT) and Countering Financing of Terrorism (CFT) Regulations 2018. Please click on the link below to read the complete regulations. [...]
Securities and Exchange Commission of Pakistan has now issued Directive 7 of 2018 ref: SCD/PRDD/VPS/Directive/93/2018 dated June 8, 2018. Through this directive, SECP has issued amendments in earlier issued directives including Directive 4 of September 30, 2015 and Directive 34 of December, 07 2017 regarding Voluntary Pension System Rules, 2005 ‘Front-end Fee (Sales Charge)’ matter. Through [...]
Federal Board of Revenue has issued following Circular and letter respectively wherein, FBR has extended the relevant dates of submission of Withholding Tax Returns and Sales Tax / FED Returns upto June 22, 2018. These extensions are being extended due to Eid holidays. FBR has issued these Circular(s) on June 14, 2018. Please click below [...]
In continuation of our recently adopted trend, we are pleased to present and publish our Newsletter for the month of MAY 2018. Please click on link mentioned below to access and study the Khilji & Co, Chartered Accountants Newsletter (May 2018) KCO Newsletter May 2018 This Newsletter envisages following aspects: Commentary on Three (03) judgements of [...]
Sindh Revenue Board has issued Notification Ref: SRB-3-4/10/2018 dated May 16, 2018. Through the aforementioned Notification, SRB has issued Amendments in the Sindh Sales Tax on Services Rules, 2011. Please click below to read the complete Notification. SRB-3-4-10-2018
Sindh Revenue Board has issued Notification Ref: SRB-3-4/9/2018. of dated May 16, 2018. (Sindh Sales Tax on Services). Through this notification, SRB has made amendments in an earlier issued Notification Ref: No. SRB-3-4/8/2013 dated 1st July, 2013. This notification shall take effect on and from 1st day of July 2017. Please click below on links to view [...]
