The National Assembly on Wednesday passed five government bills related to the Financial Action Task Force (FATF) after developing a consensus between opposition and treasury benches. The bill passed by the House were the Anti-terrorism (Amendment) Bill, 2020 (Sections 6, 11EE, 11J, 11N, 11O, 11OO, 11Q, 19 and 21EE); the Limited Liability Partnership (Amendment) Bill, [...]

The Parliament passed the Mutual Legal Assistance (Criminal Matters) Bill-2020 aims at providing legal support to the requesting state (foreign country) by executing necessary actions on its territory in criminal cases warranting shared assistance. The government initiated the bill in the National Assembly on September 13, 2019 and it was passed there on January 6, [...]

The Supreme Court is expected to announce its reserved judgement on Gas Infrastructure Development Cess (GIDC) According to Ismail Iqbal Securities Limited (IIS) research, if the decision comes in favor of the industry, Fertilizers (Fauji Fertilizer Company Limited FFC, Engro Corporation Limited ENGRO and Engro Fertilizers Limited EFERT), Textiles (Gul Ahmed Textile Mills Limited GATM [...]

ISLAMABAD: Prime Minister Imran Khan Wednesday approved constitution of the National Coordination Committee on Small & Medium Enterprises (SMEs) Development to doing away with legal obstacles and proposing legislative and regulatory amendments for ease of doing business. The constitution of NCC on SMEs Development is aimed at coordinating and facilitating overall development and promotion of [...]