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TAXATION
Non-Banking Foreign Remittance Channels Legalizes by Third amendment Ordinance 2021

Non-Banking Foreign Remittance Channels Legalizes by Third amendment Ordinance 2021

The government has given legal cover to foreign remittances through Money Service Bureaus (MCBs), Exchange Companies (ECs) and Money Transfer Operators (MTOs), which would be considered as foreign exchange remitted from outside Pakistan through normal…

BUDGET
Highlights on Tax Laws Third Amendment Ordinance, 2021

Highlights on Tax Laws Third Amendment Ordinance, 2021

Compulsory Digitized Payment for Expenditure by Companies: This is a highly discussed amendment made in the tax laws for the documentation of the economy. Government is considering to give a grace period of 40 days…

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