RIYADH: The governments of Cyprus and Saudi Arabia signed a tax treaty on January 3, Cyprus’s Ministry of Finance has reported. The new tax pact is based on the OECD Model Convention for the Avoidance of Double Taxation on Income and on Capital, the ministry said.
The ministry also reported that that new agreement includes provisions on exchange of financial and other information for tax purposes.
The treaty, which is not yet in force, was signed in in Riyadh.
ISLAMABAD: Advisor to the Finance Minister, Khurram Schehzad said on Wednesday that Pakistan’s information technology sector achieved a record export...
RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) on Wednesday held a post-budget session to review and analyse the...
KARACHI: Chief Minister Murad Ali Shah on Wednesday presented Sindh’s budget for the fiscal year 2026-27 in the Sindh Assembly,...
KARACHI: Pakistan’s current account has turned surplus after recording a significant improvement in May 2026, according to data released by...
