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Banks refuse tax benefits to late return filers
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.
Banks refuse tax benefits to late return filers
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.
Banks refuse tax benefits to late return filers
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.
FBR reaches out to stakeholders to bring tax reforms in capital markets
By
Committee to review tax policies and suggest specific short-term, medium to long term measures
Committee empowered to seek proposals from relevant stakeholders, deliberate, finalise tax reforms
KARACHI: The Federal Board of Revenue (FBR) has reached out to stakeholders to bring about tax reforms in the capital markets to attract more foreign and local investors, sources told
The country’s tax machinery has formed a high-level committee on capital markets tax reforms headed by Member Inland Revenue (Policy) FBR.
Other members of the committee will include SECP Commissioner Securities Market Division Shauzab Ali, Pakistan Stock Exchange (PSX) Chief Executive Officer Farrukh Khan, PSX Chief Financial Officer Ahmed Ali Mitha, and FBR chief (income tax policy) as secretary.
FBR mulls tax reforms for capital market
Business
January 9, 2021
KARACHI: The Federal Board of Revenue (FBR) has started consultations with stakeholders on the tax reforms for capital markets to attract more foreign and local investors, sources said on Friday.
In this connection, the FBR constituted a high level committee on capital markets tax reforms headed by Member Inland Revenue (Policy) FBR.
Other members of the committee will include SECP Commissioner Securities Market Division Shauzab Ali, Pakistan Stock Exchange (PSX) Chief Executive Officer Farrukh Khan, PSX Chief Financial Officer Ahmed Ali Mitha, and FBR chief (income tax policy) as secretary.
The sources said the committee will act as a forum till budget making exercise for the year 2021/22 to review tax policies and suggest specific short-term and medium to long term measures for the development of debt and equity market, commodity futures, mutual funds, real estate investment trusts, corporate and insurance se