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FBR Notification

Federal Board of Revenue has issued SRO ref No 1070(I)/2017 of dated October 23, 2017. The aforementioned SRO describes the changes / amendments made in Sales Tax Act 1990. Please click on the link below to view the original Notification. 2017102315102629988SRO1070of2017

By | October 24th, 2017|News|0 Comments

SRB Circular (Sindh Sales Tax on Services)

Sindh Revenue Board has issued Circular 6 of 2017 on October 20, 2017. The aforementioned Circular discusses the Treatment of "OUT OF POCKET EXPENSES" for the purpose of determination of value of taxable services in cases where a service is liable to tax on the basis of gross amount charged / received by the service [...]

By | October 24th, 2017|News|0 Comments

SECP Notification

Securities and Exchange Commission of Pakistan has issued SRO 1064(I)/2017 on 18th October, 2017. Through this SRO SECP has issued Bond Pricing Agency Rules, 2017. Please click below to read the entire Rules. Bond Pricing Agency Rules, 2017

By | October 19th, 2017|News|0 Comments

SECP Notification

Securities and Exchange Commission of Pakistan has issued Notification on October 2017 regarding Updated Regulations naming:  Issue of Commercial Papers Regulation, 2013 Herein“Commercial paper” means an unsecured instrument with a maturity period as provided in the Regulations. Please click on the link below to view the entire notification and subsequent regulations. 171019-115.1 Updated Issue of Commercial [...]

By | October 19th, 2017|News|0 Comments

FBR NOTIFICATION

The Ministry of Finance, Economic Affairs, Revenue & Statistics (Revenue Division)  i.e. Federal Board of Revenue has issued SRO 1035(1)/2017 dated 16 October 2017. Through this Circular a regulatory duty has been levied on the import of 731 goods. Please click below to study the complete SRO 171018-2.1- Regulatory duty levied on import of specified [...]

By | October 18th, 2017|News|0 Comments

SECP Circular

Securities and Exchange Commission of Pakistan has issued Circular No 22 of October 16, 2017. Through this Circular, SECP hereby makes certain modifications in Research Analyst Regulations, 2015. Please click below to read the Circular. Circular 22 extension in Research Analyst certification timeline

By | October 16th, 2017|News|0 Comments

SECP Notification

Securities and Exchange Commission of Pakistan has issued SRO S. R. O. 1013(I)/2017 dated October 6, 2017. Through this SRO, SECP has issued Unclaimed Shares, Modaraba Certificates, Dividend, Other Instruments and Undistributed Assets Regulations, 2017. Please click below to view the entire Regulations. 171011-113.1 The Unclaimed Shares Modaraba Certificates Dividend Other Instruments Undistributed Assets Reg 17

By | October 12th, 2017|News|0 Comments

SECP Notification

Securities and Exchange Commission of Pakistan has issued SRO 1007(1)/2017 dated 4 October 2017. Through this SRO, SECP has updated IFRS 9 - Financial Instrument and IFRS 15 - Revenue from Contracts with Customers. Please click below the original notification khilji171006-107-1AdoptionofIFRSs95

By | October 6th, 2017|News|0 Comments

ICAP Circular

Institute of Chartered Accountants of Pakistan has issued Circular 17 on ‘Clarification on SECP’s Circular No. 23 ‘Preparation of Financial Statements under the Companies Act 2017’. dated October 6, 2017. Please click below to read the Original Circular CircularNo17-Clarification on SECP CircularNo 23Preparationof Financial Statementsunder theCompanies Act,2017  

By | October 6th, 2017|News|0 Comments

SECP Circular

Securities and Exchange Commission of Pakistan has issued Circular 23 (ref: CLD/CCD/PR(11)/2017) dated 04 October 2017. Through the aforementioned circular SECP has further extended the date for the Companies whose Financial Year closed on or before 31 December 2017 shall prepare their Financial Statements in accordance with the provisions of the repealed Companies Ordinance, 1984; [...]

By | October 5th, 2017|News|0 Comments