Dr. Ikramul Haq & Abdul Rauf ShakooriThe National Assembly of Pakistan, through Finance Act, 2022 (Act No. XIII of 2022) amended the Income Tax Ordinance, 2001 (“the Ordinance”) inserting section 7E to retrospectively tax (tax year 2022 onwards) the capital…
2024: Multiple challenges & reforms
Dr. Ikramul Haq & Abdul Rauf ShakooriPakistan has entered into 2024 under a transitional phase where the caretaker government remains at the helm of affairs. Unfortunately, elections could not be held within the period of 90 days as stipulated in…