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During my recent visit to Karachi, I attended the Sixth International Conference ‘State of the Media 2023’ at Greenwich University . It took me back to the 1990s when I used to teach. ....
Investors need to present profit proof for tax incentive Business February 6, 2021 KARACHI: Financial institutions are demanding certificates of proof from investors that show they receive less than Rs500,000 profit on debt in a year if they want to avail reduced income tax rates, sources said on Friday. The sources said financial institutions asked recipients of profit on debt to furnish certificate of annual profits of less than Rs500,000 to avail the reduced rate of income tax on return on investment. The financial institutions, including banks and other payers of profit on debt are acquiring such certificates from their customers to get the tax incentive. ....