LAHORE: Federal Finance Minister Ishaq Dar said that Securities and Exchange Commission of Pakistan (SECP) had prepared a draft for making amendment in Companies Law 1984 to improve and bring it at par with modern age needs.
He stated this in a meeting with a four-member delegation of the ICAP (Institute of Chartered Accountants of Pakistan) led by its president Hafiz M. Yousaf here at 90 Shahra Quaid-i-Azam. Members of the delegation were the IPPs Chairman Abdullah Yousaf, and ICAP council members Naeem Akhtar Sheikh and Rashid Ibrahim.
The Federal Finance Minister said that ICAP should also give its input in the companies law draft so as to make it more effective and beneficial for the stakeholders.
During the meeting, the delegates also put forth some suggestions for ensuring maximum facilitation to the taxpayers as well as bringing improvements in the tax reform process.