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Syed Shabbar Zaidi

Syed Shabbar Zaidi

Business Recorder

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Properties of Pakistanis in Dubai

In 2019 when I was the Chairman of Federal Board of Revenue (FBR) I asked my Director General International Taxation to collect the data of persons...

22.05.2024 70

Business Recorder

Syed Shabbar Zaidi

Deemed income tax on ownership of vacant plot of land incorrect—V

All the arguments and contentions made by the Sindh High Court in the aforesaid order which have been emphasised are factually, and legally incorrect....

17.04.2024 20

Business Recorder

Syed Shabbar Zaidi

Deemed income tax on ownership of vacant plot of land incorrect—IV

For the sake of clarity we reproduce the gist of the Order passed by the Sindh High Court as under. This fundamental issue has been missed by the...

16.04.2024 20

Business Recorder

Syed Shabbar Zaidi

Deemed income tax on ownership of vacant plot of land incorrect—III

Even if the Elahi Cotton Mills Limited is considered to be final on this subject there is a fundamental difference between that decision and matter...

15.04.2024 20

Business Recorder

Syed Shabbar Zaidi

Deemed income tax on ownership of vacant plot of land incorrect—II

Notwithstanding the fact that this author is not in agreement with the judgement and considers this order identical to the Maulvi Tamizuddin Khan case...

14.04.2024 10

Business Recorder

Syed Shabbar Zaidi

Deemed income tax on ownership of vacant plot incorrect–I

The Finance Act, 2022 introduced a novel tax under Section (7E) of the Income Tax Ordinance, 2001. This is deemed income in the hands of an owner,...

13.04.2024 30

Business Recorder

Syed Shabbar Zaidi

Criticality of regional economic cooperation-III

Iran-Pakistan-India (IPI) gas pipeline is still a live project. As per author’s information, the work on connectivity on both Iranian and Indian...

06.04.2024 50

Business Recorder

Syed Shabbar Zaidi

Criticality of regional economic cooperation-II

However, it is now necessary to revisit the case and every sensible person will agree that two neighbours cannot remain at war forever, especially in...

03.04.2024 40

Business Recorder

Syed Shabbar Zaidi

Criticality of regional economic cooperation-I

The size of Pakistan’s GDP was around USD 180 billion in 2010, which was around USD 400 billion in 2023. This is around 120 percent increase over...

30.03.2024 40

Business Recorder

Syed Shabbar Zaidi

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