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.
Business Interruption Insurance and COVID-19: are businesses covered?
The COVID-19 pandemic, and the ensuing lockdowns and restrictions on movement, have caused unplanned business closures and supply chain disruptions worldwide. Businesses face cashflow constraints due to unsold inventories and mounting receivables, imperilling their ability to continue operations.
