New policies

IHC’s Landmark Ruling on ADR Formula: A Game-Changer for Pakistan’s Banking Taxation

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Introduction Pakistan’s Banking Taxation the Islamabad High Court (IHC) has barred the Federal Board of Revenue (FBR) from recovering income tax from Askari Bank. The tax recovery was based on an assets-to-deposit ratio (ADR) formula, which the IHC deemed unconstitutional and retroactive. This decision not only affects Askari Bank but also raises important questions about […]

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Green Tax and Incentives: Maximizing Business Benefits in 2024

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Introduction The global push toward sustainability is reshaping the business landscape. Green tax policies and government incentives offer businesses an opportunity to reduce their tax burden while adopting eco-friendly practices. This guide will walk you through the essentials of green taxes and incentives, helping you maximize benefits for your business in 2024. Understanding Green Taxes

Green Tax and Incentives: Maximizing Business Benefits in 2024 Read More »

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