Since August the Khyber Pakhtunkhwa government has received 460 applications so far from prospective investors for new licences for mineral exploitation.
Investment in new plant, machinery: provisions allowing tax credits being extended for three years
The Federal Board of Revenue (FBR) has said that the operation of provisions allowing tax credits on investment in new plant and machinery by an existing industrial undertaking or establishment of new industrial undertakings is being extended for further three years in the budget (2016-17).
RIAALAW and Barker Gillette LLP merge to give global reach
The formation of the RIAA Barker Gillette Alliance creates a significant corporate and dispute resolution practice with presence in the UK, Middle East and Asia.
Non-resident companies: FBR issues separate procedures/conditions
The Federal Board of Revenue (FBR) has made it mandatory for non-resident companies (having no Permanent Establishment in Pakistan) to be registered to provide tax registration or incorporation document from relevant regulatory authorities of the foreign country.
Labour Laws in Pakistan are very broad and contains several ordinances, acts, rules and regulations and other statutes relating to industrial, commercial and labour establishments.
