Dear Pakistani Mothers and Fathers and Guardians of lovely marriageable female children, First of all congratulations on having a daughter or two or five of them….regardless of what people tell you, God really loves you which is why he sent these angels to your house.Feel lucky and be grateful. Now coming to your deeply felt wish of
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We have recently received a lot of complaints from overseas Pakistanis that once they set out to sell their property or buy property in Pakistan , they are approached by property agents who often try to manipulate the sale price of the offering by : (a) placing token money worth peanuts and binding the property
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The Josh and Mak team thanks Mr Andrew Walker from #Interfax Natural Gas Daily for the interview this week regarding the news that #Excelerate in Bangladesh has secured $500 million in funding from the International Finance Corp. (IFC), a member of the World Bank Group, which provides finance for private-sector ventures in developing countries. The
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Find out about Pakistani Tax Law Provisions Concerning International Taxation Call +92-300-5075993 Email: [email protected] This article is only meant to inform/guide our current and prospective clientele.The Federal Government has made many rules as it is competent to make provisions via Gazette notification to implement such international taxation agreements in Pakistan. These agreements have overriding effect
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A federal appellate has decided that we need the Internet. The US Court of Appeal for the District of Colombia has found that the Federal Communications Commission’s stringent regulation of broadband providers is legal is broadband access in not a luxury but a utility. In their decision, which stretched to 184 pages, the court came
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Q1: What is the minimum time you have to respond to procurement advertisements? Answer: In accordance with the terms listed the Public Procurement Ruled 2004 rule 13, the minimum response time cannot be less than 15 days for competitive national bidding and 30 days for competitive international bidding. Depending on the nature of the procurement
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The controversial cybercrime bill which caused mass uproar amongst civil society activists when the National Assembly passed it was, on Tuesday, presented to the upper house. This draft law, which is entitled “Prevention of Electronic Crimes Act 2016” was unveiled by Anusha Rehman, the state minister of information technology. The draft laws was referred to
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There is nothing quite like a story or a myth to evoke emotional responses from humans. A loose definition of a myth is that is may or may not be true so, in other words, a myth could contain elements of truth or could be completely bereft of any. Setting aside ancient myths and folklore,
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We have successfully dealt with numerous companies who specialize in the exportation of of the following items from Pakistan, and our impressive list is growing all the time; • Textiles, yarns & fabrics • Articles of clothing and accessories • Footwear • Leather and leather products • Guar meal, Guar gum and Guar protein extracts
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The Pakistani customs laws can be very confusing for those entering the import/export business or those who aren’t clear on the latest regulations. At Josh and Mak we have worked with companies who deal with the importation of the following goods into Pakistan and the list is growing all the time: Paper, paperboard and articles,
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Any foreigner who has been granted a naturalization certificate under the naturalization Act 1926 is registered as a citizen of Pakistan under section 9 of the Pakistan Citizenship Act 1951 by the federal government. The naturalization certificate can be gained under section 3 of the naturalization Act 1926 on the following grounds:- That he or
Read moreArbitration is a legal process which takes place outside of the courts, but which still results in a final and legally binding decision similar to a court judgment. Parties involved in arbitration are effectively opting out of the court system and submitting their case for resolution by a neutral, third party arbitrator. The reasons for
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Those fighting for digital rights in Pakistan have had a tough time over the past few months. Even though they’re a small minority in a very big pool of activists within the country, they’ve certainly had their hands full thanks to the new cyber crime bill, (#PECB15) which was passed on April 15 by The
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Most Pakistanis got their first introduction into the secret world of OFC, or offshore financial centers, courtesy of the Panama leaks. These are nothing new however and such OFCs as Panama have increasingly appeared in the new over recent years and have become a global concern due to not only their existence and way they
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Despite the tax issues and the challenges to human resources, the IT sector in Pakistan has been flourishing of late in terms of new companies registering. The stats show that 413 new IT companies were registered with the SECP; the Securities and Exchange Commission of Pakistan during the period of July 2015 – March 2016,
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The MoP&NR, Ministry of Petroleum and Natural Resources, is facing strong resistance from stakeholders in the public sector in regards to their planned establishment of a second LNG terminal thanks to the resources of GHPL; Government Holding (Pvt) Limited Sources have informed the Business Recorder. The sources also claimed that Petroleum Ministry is planning to
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The massive security breach which has seen millions of secret files belonging to Panamanian law firm Mossack Fonseca become public knowledge has revealed how some of the most powerful players in the world have been dabbling in many off shore tax havens. The size of the breach is almost as shocking as the names which
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You cannot fail to have noticed how often Khyber Pakhtunkhwa has been in the news recently. Hailed as being the new geological frontier in Pakistan in terms of gas, oil and LPG, Khyber Pakhtunkhwa is absolutely teeming with various minerals and Fata is effectively a new oil state as over the next 5 years the
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You have tried the rest, now try the Best. Pakistan’s Top Law Firm! As a well-known Legal500 law firm, Josh and Mak International has been proudly providing legal services to British Pakistanis , Oversees Pakistanis and Pakistani Expatriates abroad.We are based in the UK and in Pakistan through our various associations and partners.As one of
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A key factor in the success and the popularity of international arbitration is the inherent freedom and flexibility afforded to those parties with regard to how their dispute will be administered. In regards to this, the decision as to which arbitral procedure will be adopted is a vital decision for both parties as they could
Read moreSSGC, the Sui Southern Gas Company, shortlisted 2 bidders on Thursday for the creation of a second LNG import terminal in Pakistan according to sources from the petroleum ministry. According to its evaluation criteria PGPL, Pakistan Gas Port Ltd and Guvnor scored 89.3 from the SSGC consultancy AF Capital whilst Akbar Associates achieved a score
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Despite the strict conditions which the government attached to the bidding process, it was the Engro Corporation’s lowest bid which won them the right to both build and then run an LNG terminal. This terminal has the capacity of handling 400m cubic ft. per day and isn’t protected by any kind of sovereign guarantee, meaning
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Penal Code : Islamic Concepts Presently in Pakistan the criminal justice system is primarily based upon a penal code that was codified by the British in the colonial era of their rule. It includes the Criminal Procedure Code of 1898 and Penal Code of 1860. These codes do not provide for and restorative justice hence
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Practice Note on the requisition of Shareholders for an Extraordinary General Meeting (Pakistani Company Law) , in the presence of possible objections by investment advisors. The applicable law here is the Companies Ordinance, 1984 and the Investment Companies and Investment Advisors Rules, 1971.In advising on such a question care should be taken to see any
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By Pir Abdul Wahid UPDATE (6th of July,2014) :Since this article was written there is news that the controversy created by the perceived impact of Article 245 has been addressed by the IHC today.It has been confirmed that the Islamabad High Court has the jurisdiction to proceed with petitions filed under Article 199 of the Constitution
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The introduction of the DNS as a new language has made the use of cyberspace simple and readily available, but has consequently caused the issue of domain name conflicts in relation to intellectual property rights, because domains in the network, in the same fashion as trade marks, serve to distinguish products and services from similar
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Energy security is a multi-faceted phrase in the modern times, simply because it is no longer a straightforward matter of making sure that local energy products and hydrocarbon deposits remain enough for future use. The simple fact is, that today energy security is mainly a political issue, which forms the pith and substance of the
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