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Securities Commission Malaysia's Audit Oversight Board Revokes Registration Of Audit Partner And Fines Audit Firm, Partner For Breach Of Auditing And Ethical Standards

Govt frees AWT from income tax


Govt frees AWT from income tax
Tarin says trust was inserted through separate amendment, was okayed by house
The Senate Standing Committee on Finance had recommended exempting the income of the AWT on a proposal moved by PTI’s Senator Faisal Saleem. PHOTO: FILE
ISLAMABAD:
The government has exempted income of the Army Welfare Trust by separately moving an amendment just before the approval of the finance bill by the national assembly on Tuesday.
The Army Welfare Trust was not part of the amended finance bill that the government had tabled in the national assembly and also circulated among the treasury and the opposition members, showed a copy of the amended finance bill and confirmed by the national assembly members. ....

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