Pakistan News

    508 Compliance Language Of Pakistan

  • A history of slander — Good language vs. bad language

    But, bear in mind that fighting in Afghanistan for a just cause on the behest of Pakistan does not mean the same thing as fighting in Pakistan on the behest of foreign powers...

    So, obviously, blowing up things by them becomes an equally just thing to do; whereas when BT do the same in Pakistan, it is certainly not the same thing...

  • Weak personal income tax compliance affecting tax culture in Pakistan: report

    ISLAMABAD: A new United Nations report says that the weak personal income tax (PIT) compliance in Pakistan poses serious questions about the accountability and fairness of the system and this in the long run casts a shadow on the efforts to create conducive tax culture in society...

    Citing examples, the report says in Pakistan the Federal Board of Revenue discovered a few years ago that more than 1...

  • Pakistan’s IOSCO compliance increases to 83pc

    ISLAMABAD: The International Organisation of Securities Commissions (IOSCO) has enhanced Pakistan’s compliance level with the IOSCO principles to 83 per cent, representing a 21pc improvement since 2015...

    The Assessment Committee’s report on follow-up review of the Pakistan’s implementation of IOSCO objectives and principles suggests that the Securities and Exchange Commission of Pakistan (SECP) is now fully implementing 14 principles...

  • World Bank approves $518m to support Pakistan’s efforts to raise revenue. reduce compliance cost

    The World Bank has approved a package of $518 million for two projects in support of "Pakistan’s ambitious efforts to raise revenue and reduce compliance cost with a goal of providing better services to the people", said a statement issued by the body...

    "The $400 million Pakistan Raises Revenue Project will support the Federal Board of Revenue’s (FBR) focus to create a sustainable increase in Pakistan’s domestic tax revenue...

  • Tax compliance still a major issue for the FBR

    That puts a big question mark about the FBR’s performance as tax compliance and enforcement have deteriorated over the years...

    The number of taxpayers filing returns has stagnated around 1m and the tax compliance level is at a dismal of 32pc...

  • IG removed in compliance with SC order, Sindh govt tells SHC

    Khowaja, a grade-21 officer serving on an own-pay-and-scale (OPS) basis on grade-22 post of the inspector general of police, to appoint one of the senior officers as the police chief in compliance with an order of the Supreme Court that had deprecated appointments on OPS basis...

    He said Mr Khowaja was a junior officer in the seniority of officers of the Police Service of Pakistan and was serving in the provincial government on an...

  • Oil industry seeks time for compliance

    ISLAMABAD: The oil industry has sought 1-2 years for upgradation of oil tankers fleet to ensure all vehicles meet required regulatory standards and shifting oil movement to pipelines instead of roads in 3-4 years to eliminate risk factors...

    On Thursday, the Oil Companies’ Advisory Council (OCAC) – an umbrella organisation of almost two dozen oil marketing companies and refineries – said it was deeply saddened by the Ahmedpur East...
  • AD Khawaja seeks absolute compliance to Supreme Court directives

    Sindh Inspector General of Police (IGP) AD Khawaja on Wednesday ordered strict compliance to the directives of the Supreme Court to block bank accounts as well as national identity cards of the absconding prisoners...

    The court had directed them to get the bank accounts of the absconding accused persons frozen at the earliest and asked the attorney general and advocate general to submit compliance reports...

  • IMF clears tax compliance scheme

    ISLAMABAD: The International Monetary Fund (IMF) has asked the Federal Board of Revenue to register maximum number of traders under the Voluntary Tax Compliance Scheme...

    The meeting had detailed deliberations on the Voluntary Tax Compliance Scheme and took note of the fact that the scheme had been warmly received by traders and members of the business community...

  • Compliance at state-owned companies rises: SECP

    ISLAMABAD: The Securi­ties and Exchange Commi­ssion of Pakistan (SECP) said on Monday that corporate compliance at state-owned entities has improved by more than 100 per cent due to facilitation and enforcement actions taken by the commission...

    The SECP said that public sector companies’ (PSCs) compliance with the Public Sector Companies (Corpo­rate Governance) Rules 2013 has improved to 37 per cent by June 30, 2015...

  • Weak social compliance hurts export growth

    One reason for the industry’s low compliance with social and environmental standards is the liquidity crunch they are facing to finance their working capital requirements...

    Industry representatives say these countries — which are in direct competition with Pakistan’s textile and clothing sectors — have the full support of their respective governments through policies that help maintain the cash flows of industrial units engaged in...

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