PRA FINANCE BILL TY 2020

This Memorandum summarizes salient features of the provincial budget and the Finance Bill presented in the Provincial Assembly of Punjab. All changes proposed through the Provincial Bill are effective July 1, 2020, subject to approval by the Provincial Assembly of Punjab for the TY 2020. Proposed modifications in certain other Provincial laws are also summarized [...]

By |2020-11-13T12:36:57+00:00October 24th, 2020|Acquisitions, Financial, Taxes|0 Comments

PRA FINANCE BILL TY 2021

The National Assembly approved the Finance Bill 2020 with certain amendments proposed therein and after the assent of the President of Pakistan, Finance Act, 2020 has been enacted on 30 June 2020. This publication contains a review of changes made in Income Tax Ordinance, 2001, Sales Tax Act, 1990, Federal Excise Act, 2005 and The [...]

By |2020-10-26T08:06:45+00:00September 26th, 2020|Financial, International, Taxes|0 Comments