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OMCs pay significantly higher than corporate tax rates

OMCs pay significantly higher than corporate tax rates
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

OMCs pay significantly higher than corporate tax rates

OMCs pay significantly higher than corporate tax rates
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

IPI proposes review of turnover tax on oil marketing companies

Daily Times Report says tax affecting viability of petroleum industry’s downstream sector May 25, 2021 ISLAMABAD: Islamabad Policy Institute (IPI) proposed a review of the ‘turnover tax’ on the oil marketing companies in the upcoming budget for FY-2021-22, saying the tax is affecting viability of petroleum industry’s downstream sector. The think tank launched a report on the turnover tax, which contends that the tax was discriminatory, arbitrary and against the spirit of tax laws. Therefore, it proposed a review of the formula for the imposition of the tax on downstream sector and its rate. The think tank works on energy security issues.

Mushahid suggests flotilla of ships with food, medicines for encircled Gaza

Daily Times Mushahid suggests flotilla of ships with food, medicines for encircled Gaza Senate’s Foreign Affairs Committee chairman calls for initiating war crimes trials against Israel as its forces targeted non-military installations PPP leader Senator Farhatullah Babar proposes end to Islamic Military Alliance, asks Raheel Sharif to step down voluntarily May 20, 2021 ISLAMABAD: Pakistani and Palestinian political leaders on Thursday pointed out an ‘inadequate’ support for Palestine cause from different Muslim countries and warned leaders of Islamic nations against internal divisions, saying fragmentation of Muslims served the Zionist agenda. They were speaking at a virtual dialogue hosted by the Islamabad Policy Institute (IPI) on Palestine – a call for action. The event, held in the wake of the latest flare-up in Palestinian territories due to Israeli aggression, was participated by government representatives and senior leaders of major political parties, who de

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