High 14 oC - Low 7 oC

SECP amnesty rakes in over Rs 40 million

SECPamnestyrakesinoverRs40million_5470

KARACHI - The Securities and Exchange Commission of Pakistan (SECP) received an overwhelming response from the corporate sector to its companies regularisation (CRS) and companies easy exit (CEES) schemes.
The schemes not only generated huge revenues but also enhanced the corporate compliance rate and have opened new avenues for future revenue generation. During the period from July to September, 1,264 companies regularised their defaults under CRS through filing 6,736 returns, while 1,376 companies applied for easy exit under CEES.The total revenue generated during the first phase was over Rs 25 million.

Leave a comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Follow Us

To stay updated with latest news please follow us on


"dedicated to the legacy of the late Hameed Nizami"
Arif Nizami (Editor)
4-Shaarey Fatima Jinnah, Lahore
Ph: +92 42 36375963-5 Fax: 042-36298302
Ph: +92 51 2287273 Islamabad, Ph: +92 21 35381208-9 Karachi
Email: editorial@pakistantoday.com.pk
ADVERTISE  |  CAREERS  |  PRIVACY POLICY  |  CONTACT US

This material may not be published, broadcast, rewritten,
redistributed or derived from. Unless otherwise stated,
all content is copyrighted © 2011 Nawa Media.
Technical feedback? webmaster@pakistantoday.com.pk