Huzaima Bukhari, Dr. Ikramul Haq & Abdul Rauf ShakooriThe National Assembly through Finance Act 2012 amended section 37(5) of the Income Tax Ordinance, 2001 [“the Ordinance”] and for the first time levied capital gains tax (CGT) on disposal of immovable…
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…