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Byline: RECORDER REPORT The Directorate General of Intelligence and Investigation Inland Revenue - an attached department of the Federal Board of Revenue should conduct major raids on big wholesalers and [...]

Byline: RECORDER REPORT The Lahore Chamber of Commerce and Industry (LCCI) has appealed to the wholesalers and retailers to ensure provision of daily use items and eatables at discounted prices [...]

Byline: RECORDER REPORT A large number of un-registered wholesalers, dealers and retailers are expected to obtain sales tax registration numbers (STRNs) from the Federal Board of Revenue (FBR) to avoid [...]

Byline: RECORDER REPORT The Federal Board of Revenue has said that Section 153A of the Income Tax Ordinance 2001 would again become applicable from July 1, 2013, requiring every manufacturer [...]

Byline: RECORDER REPORT Pharmaceutical distributors demanded of the Federal Board of Revenue (FBR) to rationalise Withholding Tax on Pharma distributors as their business involves high turnover with very little profit [...]

Byline: SOHAIL SARFRAZ The Federal Board of Revenue is expected to restore the biggest documentation measure from July 1, 2013 meant for collecting Computerised National Identity Card Numbers (CNICs) and [...]

Byline: SOHAIL SARFRAZ Distributors, dealers and wholesalers will now not be liable to pay withholding tax and manufacturers will not be liable to collect the tax after the FBR moved [...]

Byline: RECORDER REPORT Most of the wholesalers have stopped filing of sales tax and federal excise returns and deliberately making attempts to change their category/tax status on issuance of SRO [...]

Byline: ANWAR KHAN Federal Board of Revenue (FBR) has not so far issued modalities for collection of income tax under section 153-A which the revenue has recently introduced in Finance [...]

Byline: TAHIR AMIN The Federal Board of Revenue is yet to issue modalities for collection of income tax under section 153-A of recently introduced Finance Act, 2012. Jawed Bilwani, Chairman [...]

Byline: RECORDER REPORT Shopkeepers and wholesalers have purchased sugar from Utility Stores Corporation (USC) in large quantities resulting in severe shortage of sugar at utility stores. 'Due to high demand [...]

Byline: RECORDER REPORT Finance Act 2012 has imposed 0.5 percent adjustable withholding tax on the gross sales to all dealers, distributors and wholesalers irrespective of whether they are registered or [...]

Byline: RECORDER REPORT The Federal Board of Revenue has to clarify whether the manufacturers of sales tax exempted items such as medicines under the Sixth Schedule of the Sales Tax [...]

Byline: SOHAIL SARFRAZ Manufacturers, including sugar mills, flour mills and ghee/cooking oil units, would be legally bound to collect 0.5 percent tax against the sales made to un-registered dealers, distributors [...]

Byline: RECORDER REPORT All Pakistan Consumers and Pharmaceutical Products Distributors Association (APCPPDA) Chairman Tahir Khaliq has urged Federal Finance Minister Senator Dr Abdul Hafeez Shaikh, Chairman Federal Board of Revenue [...]

Byline: N H ZUBERI President, Karachi Chamber of Commerce and Industry (KCCI), Mian Abrar Ahmed has urged the Chairman, Federal Board of Revenue (FBR) Mumtaz Haider Rizvi to ensure that [...]

Byline: RECORDER REPORT The 'Special Sales Tax Monitoring Team' of the Federal Board of Revenue (FBR) has started chain-audit of manufacturers and wholesalers on detection of 'fly-by-night' type of wholesalers, [...]

Byline: RECORDER REPORT Directorate General of Intelligence and Investigation Inland Revenue (IR) Federal Board of Revenue (FBR) is all set to conduct raids on the stockists and wholesalers of non-duty [...]

Byline: SOHAIL SARFRAZThe Federal Board of Revenue has directed customs officials to take strict legal action against those wholesalers who have availed concessionary regime only available to manufacturers by paying [...]

Byline: RECORDER REPORT The Federal Board of Revenue has decided to approach cement manufacturers, food/beverages companies, cigarette manufacturers, automobile assemblers/manufactures and mobile phone companies for registration of distributors, wholesalers and [...]

Byline: SOHAIL SARFRAZ The basic information of computerised national identity card (CNICs) numbers and National Tax Number (NTNs) would primarily target thousands of unregistered wholesalers, distributors and dealers, who are [...]

Byline: SOHAIL SARFRAZ The Federal Board of Revenue has suggested introduction of sales tax at the rate of 2 percent on the value of supply being made by the wholesalers [...]

Byline: RECORDER REPORT The Federal Board of Revenue (FBR) has found that the active and e-enrolled importers, exporters, distributors, wholesalers, retailers and service providers are not fully compliant in e-filing [...]

Byline: RECORDER REPORT The Federal Board of Revenue (FBR) will face an uphill task to obtain data of un-registered buyers and sellers from the registered manufacturers, wholesalers and dealers under [...]

Byline: SOHAIL SARFRAZ The documentation of business and trade under the 'reformed general sales tax' ('RGST') would be undertaken by obtaining particulars of unregistered buyers and sellers from registered manufacturers [...]

WITH THE LAUNCH OF THE National Broadband Initiative (NBI) in March 2010 and a strong demand for broadband and mobile online access, Malaysia's industry in general is poised to grow [...]

Byline: RECORDER REPORT A most viable mechanism to collect sales tax from wholesalers, dealers and retailers is to expand the Third Schedule of the Sales Tax Act, 1990 bringing maximum [...]

Byline: SOHAIL SARFRAZ The ''Reform Co-ordination Group'' (RCG) of the Federal Board of Revenue (FBR) has proposed to make it mandatory for the manufacturers, distributors and wholesalers to provide particulars [...]

Byline: SOHAIL SARFRAZ The 'Reform Co-ordination Group' (RCG) of the Federal Board of Revenue (FBR) has proposed to make it mandatory for the manufacturers, distributors and wholesalers to provide particulars [...]

Byline: ABDUL RASHEED AZAD Wholesalers and retailers have increased the price of an entire range of daily use items linking it with the proposed hike in general sales tax (GST) [...]

Byline: RECORDER REPORT Taking advantage of announcement of the annual budget 2010-11, traders particularly hoarders/wholesalers have increased the prices of kitchen items by 10 to 20 percent in the open [...]

Asset managers and private banks - stung by a shortage of new assets flowing into traditional products and markets - are being spurred by the current economic and financial crisis [...]

tcf Firms still have more work to do to make sure that they have adequate systems and controls in place and produce appropriate information in order to meet the FSA's [...]

Employing efficient techniques for informing distribution channels of new investment creations is crucial to asset managers who want to succeed in such a competitive industry. With numbers of products growing [...]

Baring Asset Management has applied for distributor status for its range of three fund-of-funds portfolios, seeing tax taken as capital gains rather than income. The funds, which include the AGBP27.63m [...]

This is the year that sees the approach of the deadline for implementing treating customers fairly legislation in our firms. It also sees the arrival of the Markets in Financial [...]

This is the year that sees the approach of the deadline for implementing treating customers fairly legislation in our firms. It also sees the arrival of the Markets in Financial [...]

Aegon will concentrate on the IFA companies it has already acquired rather than look for new purchases going forward, its chief executive has confirmed. Otto Thoresen said he was very [...]

Abbey's owner, Grupo Santander, is to bring its Allfunds platform to the UK. The new operation will be headed by Holly Mackay, former head of wrap propositions for Abbey. Allfunds' [...]

Franklin Templeton is seeking distributor status for more of its Luxembourg Sicavs. Jamie Hammond, the company's sales and marketing director, said it would be applying for distributor status on funds [...]

POWER will shift from fund providers towards third-party distributors over the next few years, according to research. The Boston Consulting Group's latest asset management survey warned that retail distributors, such [...]

GARTMORE is the latest asset house queuing up to offer distributor share classes across its offshore ranges. Early in 2005, the fund manager will extend distributing share classes to its [...]

KBC Asset Management, Ireland's fourth largest investment manager, has signed a deal with Northern Trust that will see it become the sole distributor of the US house's multi-manager services in [...]

QUESTIONS have been raised as to whether Sime Darby Bhd will be able to equity account profits made by Palmco Bhd after the apparent rejection by IOI Corp Bhd of [...]

IOI Corp Bhd intends to resolve the public shareholding spread of its subsidiary Palmco Holdings Bhd to enable the continued listing of the latter. In an announcement to the Kuala [...]

BOUSTEAD Holdings Bhd has received the approval from the Kuala Lumpur Stock Exchange (KLSE) for an extension of five market days to release its fourth quarter report ended December 31 [...]

SIME Darby Bhd's chief executive hopes to meet up with IOI Corp Bhd's executive chairman Tan Sri Lee Shin Cheng soon to resolve the listing status of Palmco Holdings Bhd. [...]

MALAYSIA'S oldest conglomerate Sime Darby Bhd beat market estimates to register a net profit of RM375 million for the half-year ended December 31 2001, and is optimistic that full-year earnings [...]

KARACHI : Masaaki Furukawa, President of Toyota Tsusho Corporation, Japan (TTC) highly appreciated the production methods and quality of Hino vehicles produced locally at Hinopak Motors Limited. Furukawa stated this [...]

ARTICLE : The project company is Japan Power Generation Limited (JPGL), a company incorporated in Pakistan for the purpose of owning and operating the project. The features of the project [...]