Daily Archives: June 10, 2011

ISLAMABAD: Finance Bill 2011 amendment

Regulatory authorities to pay tax on income from fee, penalties * Will be required to deposit surplus fund in FCF All regulatory authorities would be required to pay income tax on their entire income from fee charges and penalties—and would be required to deposit this amount in Federal Consolidated Fund […]

Sindh Budget 2011-12

The Sindh Government announced a Rs 391.9 billion revenue-oriented budget here Friday for next fiscal, 2011-12, with revenue expenditures totalled to be around 283.14 billion.The budget was announced by Provincial Finance Minister Syed Murad Ali Shah in the Sindh Assembly.“Current budget estimates had been around Rs 340 billion in the […]