Pakistan Approves Signature of Protocol to SAARC Tax Treaty

On 9 September 2016, the Pakistani Cabinet approved for signature the protocol to the South Asian Association for Regional Cooperation (SAARC) income tax treaty. The protocol will be the first to amend the treaty, which was signed 13 November 2005 by the SAARC member countries, which include Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.