SINGAPORE: India will start imposing capital gains tax on investments from Singapore from April 2017 and withdraw all tax exemptions in two years after the two countries agreed to amend a decade-old treaty, Finance Minister Arun Jaitley said on Friday.
With the amendments, investors based in Singapore will no longer benefit from tax exemptions on capital gains taxes. Changes to the treaty with the Asian financial centre had been widely expected.
ISLAMABAD: The state-owned Pakistan Petroleum Limited (PPL) announced a “pioneering” gas and condensate discovery from its operated exploratory well, Dolphin...
ISLAMABAD: The Federal Board of Revenue (FBR) held an in-house ceremony at its headquarters to acknowledge the outstanding contributions of...
KARACHI: Pakistan’s primary equity market extended its most active stretch in years Tuesday, as the Securities and Exchange Commission of...
KARACHI: The Federal Board of Revenue (FBR) Domain Team on Monday held an online meeting with the leadership and members...
