Pakistan is implementing new cryptocurrency regulations in an effort to improve its track record fighting financial crime, English-language Pakistani news outlet The Express Tribune reported on April 1. Pakistan, which […]
Pakistan and Switzerland will begin exchanging information from the current month under the Convention on Avoidance of Double Taxation (ADT), as the Senate Standing Committee on Finance was informed. However, they said information exchange would only be applicable on future cases.
The Pakistani equity market has been one of the best performing equity markets of the world for the last 20 years, despite facing significant challenges.
Finance Minister Ishaq Dar in a policy statement in the National Assembly said that Pakistan is going to sign an agreement with Switzerland on exchange of information regarding bank accounts on March 21st.
He said that the conditions presented by Pakistan were accepted by the Swiss authorities as Pakistan would not lessen the tax rates and it would not give Switzerland the status of Most Favoured Nation (MFN).
