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SECP directed to incorporate amendments in companies bill


SECP directed to incorporate amendments in companies bill
July 15, 2021
ISLAMABAD: While deferring the Companies (Amendment) bill 2021, the Senate Standing Committee on Finance & Revenue has directed the Securities & Exchange Commission of Pakistan (SECP) to incorporate
certain changes in the bill and table it before the panel till Monday, The News learnt on Wednesday.
The Senate panel also asked the Federal Board of Revenue (FBR) to submit its report on how many amendments proposed by the Upper House of Parliament into the Finance Bill were incorporated into Finance Act 2021-22.
The committee held its meeting under chairmanship of Senator Talha Mehmood at the Parliament House to discuss Companies (Amendment) Bill 2021. ....

Talha Mehmood , Aamir Khan , Securities Exchange Commission Of Pakistan , Upper House Of Parliament , Companies Amendment , Ministry Of Law , Parliament House , Senate Standing Committee On Finance Revenue , Senate Standing Committee , Exchange Commission , Federal Board , Upper House , Finance Bill , Finance Act , Senator Talha Mehmood , Companies Act , தல்ஹா மெஹ்மூத் , அமீர் காந் , பத்திரங்கள் பரிமாற்றம் தரகு ஆஃப் பாக்கிஸ்தான் , மேல் வீடு ஆஃப் பாராளுமன்றம் , நிறுவனங்கள் திருத்தம் , அமைச்சகம் ஆஃப் சட்டம் , பாராளுமன்றம் வீடு , செனட் நின்று குழு ஆன் நிதி வருவாய் , செனட் நின்று குழு , பரிமாற்றம் தரகு ,

FBR sends 13m notices in 3 years


FBR sends 13m notices in 3 years
Senate panel says surge in notices indicates growing harassment of taxpayers
The FBR informed the standing committee that about Rs1.34 trillion were due against 683,141 people and companies and the FBR has served them notices. PHOTO: FILE
ISLAMABAD:
The Federal Board of Revenue (FBR) served nearly 13 million tax notices to non-filers in three years but just one out of every ten of them cared to respond, showing weakened writ of the tax machinery and also its highhandedness.
From fiscal year 2018-19 to 2020-21, the FBR served 12.8 million tax notices to non-filers of the income tax returns, the FBR informed the Senate Standing Committee on Finance on Wednesday. ....

Musadiq Malik , Talha Mehmood , Mohammad Ashfaq , Muslim League Nawaz , Azam Swati , Senate Standing Committee On Finance , Member Inland Revenue Service , Federal Board , Senate Standing Committee , Senator Talha Mehmood , Railways Senator Azam , Pakistan Muslim League Nawaz , Inland Revenue Service , Senator Musadiq Malik , தல்ஹா மெஹ்மூத் , முகமது அஷுபாக் , முஸ்லீம் லீக் நவாஸ் , அஸாம் சுவாதி , செனட் நின்று குழு ஆன் நிதி , கூட்டாட்சியின் பலகை , செனட் நின்று குழு , செனட்டர் தல்ஹா மெஹ்மூத் , பாக்கிஸ்தான் முஸ்லீம் லீக் நவாஸ் , உள்நாட்டு வருவாய் சேவை ,