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Govt Likely to Tax Windfall Profits of Banks on Foreign Exchange Transactions For 2021, 2022

Govt Likely to Tax Windfall Profits of Banks on Foreign Exchange Transactions For 2021, 2022
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Retrospective tax on windfall income discourages corporatization—I - Opinion

A new Section 99D has been introduced in the Income Tax Ordinance 2001 (“ITO”) through the Finance Act 2023. ....

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