G7 agrees on tax exemption framework for US, UK companies

[ad_1] Listen to article The United States and the Group of Seven nations have agreed to support a proposal that would exempt US companies from some components of an existing global agreement, the G7 said in a statement on Saturday. The group has created a ‘side-by-side’ system in response to the US administration agreeing to scrap the … Read more

Pakistan, UAE sign MoU on visa exemption

[ad_1] ISLAMABAD: The 12th session of the Pakistan-UAE Joint Ministerial Commission (JMC), reviewing the full scope of bilateral relations, agreed on concrete measures to strengthen bilateral cooperation in trade, banking, investment and other sectors. Held in Abu Dhabi on Tuesday, the meeting was co-chaired by Deputy Prime Minister and Minister of Foreign Affairs Senator Mohammad … Read more

CB issues notice on CSS exemption plea

[ad_1] ISLAMABAD: A constitutional bench (CB) of the Supreme Court on Monday issued notice to the federation on a petition filed against induction of officers from armed forces in the civil bureaucracy without any written examination. A five-member CB led by Justice Aminuddin Khan took up a petition filed through Ali Azeem Afridi. During the … Read more

Senate panel proposes tax exemption for annual income up to Rs1.2m

[ad_1] Listen to article ISLAMABAD: Senate’s Standing Committee on Finance has recommended exempting income tax for individuals earning up to Rs1.2 million per year. In addition, it approved a proposal to increase the limit for property purchases by non-filers from 130 per cent to 500 per cent of their declared assets. The committee met under the chairmanship … Read more