FBR CLARIFICATION REGARDING ISSUANCE OF SROs
June 05, 2014 Certain quarters have raised doubts about the authority of the Federal Government regarding the issuance of notifications SRO 420(I)/2014, 421(I)/2014 and 422(I)/2014, all dated 04.06.2014 without approval of the Parliament. It is clarified that the Federal Government has delegated powers to issue and withdraw notifications under the relevant provisions of the Sales…