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Dear Clients,This memorandum highlights the changes made by the Tax Laws (Second Amendment) Ordinance ,2021 which is applicable for tax year 2021. The Ordinance has been promulgated by the President of Pakistan on March 22, 2021 in exercise of the powers conferred under Article 89(1) of the...

This memorandum highlights the significant amendments made by the Tax Laws (Amendment) Ordinance ,2021 which is applicable for tax year 2021. The Ordinance has been promulgated by the President of Pakistan in exercise of the powers conferred under Article 89(1) of the Constitution of Islamic...

Dear All,Please note that new amendments is introduce by the SECP under Companies (General Provisions and Forms) Regulations, 2018   with effect from 18th September, 2020, in regulation 4, after serial No. 45, the following additions are made:-

BUDGET COMMENTARY, 2020This commentary has been prepared for our clients and staff for information and guidance only and is available for interested persons at our website http://www.bdo.com.pk. The notes contained herein are based on the Finance Bill, 2020 which upon enactment with or without...

The rapid outbreak of the virus has changed everything from the way we work to safely managing a workforce No single set of procedures or responses will fit all organizations or each company’s situation and in the immediate short term, we know your focus must be on keeping your business running...

IntroductionCOVID-19 is a new virus. The lack of immunity in the population and the absence of an effective vaccine mean that COVID-19 has the potential to affect huge numbers of people. The current modelling data seems to show that the people all around the world have been significantly affected...

The President of Pakistan has promulgated the Tax Laws (Amendment) Ordinance, 2020 (‘Amendment Ordinance’) on April 17, 2020. As the Presidential Ordinances have an effect for a period of 120 days, it is expected that the amendments made through the Amendment Ordinance will be incorporated...

As the impact of coronavirus (COVID-19) grows globally, it is clear we must all work together, and adapt to new ways of working, to meet this challenge.At BDO Pakistan, our priority is the health, safety and well-being of our Staffs, Clients, Partners and other stakeholders and all the...

Disclosure InitiativeIn 2013, the IASB started its Disclosure Initiative project in response to widespread observations that the quality of disclosures in financial statements prepared in accordance with IFRS could be improved. The IASB’s project has evolved during the four year period to date...