Who can be authorized representative in Punjab Revenue Authority? Majority of people unaware about the law and don’t know to whom they should appoint to represent in PRA on their behalf. In PRA Sales Tax Rules defined categorized of people…
This year FBR open tax return for individuals, AOP and companies on 1st July 2021. And announced last date for filing for tax return is 30th September 2021 for individuals and Associations of Persons. Most probably, FBR will not extend…
Section 29 – De-registration (1) The Commissioner may de-register a registered person or such class of registered persons not required to be registered under this Act. (2) Where any person registered under this Act believes that he does not satisfy…
REGISTRATION of Sales Tax on Services in Punjab Punjab is the most populated province in Pakistan. After 18th Amendment service tax collected by provincial government and currently tax rate on services is 16% . Section 25 – Registration (1) A…
Regulations 6 explain the procedures for renewal of license of Intermediary in Securities Exchange Commission of Pakistan. (1) A registered intermediary shall, one month prior to the date of expiry of its registration, apply to the Commission as per Annexure…
As per Regulations 8 of Intermediary Regulations (1) The Commission may, after providing an opportuning of hearing, cancel the registration of an intermediary through an Order in writing if, –(i) the intermediary has provided false, incomplete or misleading documents or…
SECTION 50 of Companies ACT 2017 Issue of certificate and effects of conversion (1) The registrar upon registration of the memorandum and articles of association as altered by the company upon conversion under sections 46 to 49, shall issue a…
Section 85 of Companies Act 2017 Power of company to alter its share capital.— (1) A company having share capital may, if so authorised by its articles, alter the conditions of its memorandum through a special resolution, so as to…
Filing of resolution.—(1) Every special resolution passed by a company shall, within fifteen days from the passing thereof, be filed with the registrar duly authenticated by a director or secretary of the company. (2) Where articles have been registered, a…
Subject: PROVISION OF ULTIMATE BENEFICIAL OWNERSHIP INFORMATION ON LLP FORM XII Please refer to the captioned subject matter. 2. It is intimated that pursuant to amendment in Section 8 of Limited Liability Act, 2017 (“the LLP Act”) as made through…
