1. simple_and_peacefull

    New-found wealth: Diyat is liable to tax

    By Saba Imtiaz Published: March 19, 2011 Income Tax Ordinance 2001 does not exempt casual or non-recurring income. DESIGN: ESSA MALIK KARACHI: Heirs of those killed by Raymond Davis, who reportedly received Rs200 million in Diyat, will have to pay taxes on their compensation payments...