Page 6 - ICAP Newsletter July 2019

Newsletter The Institute of Chartered Accountants of Pakistan Anomaly Committee – Technical Reviewed Feedback on Budget 2019 Group photo of Anomaly Committee members with FBR Chairman: L to R: Asif Haroon, Haider Ali Patel, Muhammad Awais, Ashfaq Yousuf Tola, Syed Muhammad Shabbar Zaidi, Iftikhar Taj, Abdul Qadir Memon, Hamid Ateeq Sarwar and Muhammad Rafiq. meeting of the Anomaly Committee – Technical the Anomaly Committee – Business, with representatives A was held at Federal Board of Revenue (FBR) House, from business and industry on its board. Islamabad on June 24-26, 2019 under the chairmanship of Ashfaq Yousuf Tola and other members of the It is the first time that such a committee has been formed committee. at The Institute of Chartered Accountants of Pakistan (ICAP) comprising mainly ICAP members on board The FBR chairman, Syed Muhammad Shabbar Zaidi, including its chairman to review feedback received committee co-chairman, Hamid Ateeq Sarwar and from the public on the technical and legal anomalies in other members of the committee were also present. The the Finance Bill 2019. During the full day meetings, the committee was formed on June 18, 2019, in addition to committee disposed of 140 reported anomalies. Revamping of ICAP Website he Institute of Chartered TAccountants of Pakistan (ICAP) website has been revamped and relaunched on May 22, 2019. The new website has a clean uncluttered design, improved functionality and enhanced rich content focused on the Institute's mission to improve its interface and accessibility. The Institute believes that the new website will allow the visitors to have informative experience as the Institute continues to grow and increase its market presence. 6 July 2019