Axec Accountants & Financial Consultants

As accountants, we at Axec believe its our responsibility to provide SMEs with professional expertis

32.1 is the percentage of SMEs which fail due to poor management of financial activities, data handling & processing and controls around major business processes. Of the remaining, 26.9% fail as they either don't have competency to develop business strategies or prepare & maintain records. In short, you can improve your success factor by 59% having Axec Accountants & Financial Consultants on boar

27/07/2021

As per the notification issued, the return filing time for TY 2021 would not be extended beyond 30th September 2021 this year.

Photos from Axec Accountants & Financial Consultants's post

03/05/2021

Eid Gifts were distributed among our team, which is more of a second family to us. Because we care!! ☺️

23/03/2021

On this day our team renews our commitment to work untiringly for the progress and prosperity of our organization and country. Pakistan Zindabad!!

09/08/2020

IT Start-ups are entitled to tax exemptions subject to certification by Pakistan Software Exchange Board (PSEB) and fulfillment of certain condition. Many IT Start-ups are often confused as to how they can apply with PSEB. We are happy to share step-by-step registration guideline for such start-ups. Hope you find it useful.

09/08/2020

COMPLIANCE ALERT!!! It has been a while since the end of FY20 (June 30, 2020), so we felt that all of you might need a handy document to keep check on all compliance requirements. Hope you all find it useful.

24/04/2020

We wish you and your families a blessed and healthy Ramzan. 😇

24/04/2020

has changed the entire business dynamics and everyone is working to adapt to the current situation.

The Institute of Chartered Accountants of Pakistan has issued a publication ‘Preparation of Financial Statements under the COVID-19 Circumstances’.

We will continue to work on different avenues to support and strengthen our in their professional development during these testing times.

here to read the publication: bit.ly/2VvnmBt

15/04/2020

Areas of Focus in Evolving Audit Environment Due to the Impact of COVID-19.

10/04/2020

State Bank of Pakistan has issued a refinance scheme to avoid layoff of workers. Major points are following:
1. Loans will be available to entities which do not layoff their employees in 3 month period from April to June 2020.
2. Loans will be available through Banks and will provide financing for salaries and wages from April to June 2020.
3. Markup for filers will be 4% whereas, for non-filers mark-up will be 5%.
4. If salary and wage for 3 month is upto Rs 200 million, refinancing for full amount will be provided.
5. If salary and wage for 3 month exceeds Rs 200 million but does not exceed Rs 500 million, refinancing for 75% of the amount will be provided.
6. If salary and wage for 3 month exceeds Rs 500 million, refinancing for 50% of the amount will be provided.
7. No processing fee will be charged by the bank.