Dr. Ikramul Haq & Abdul Rauf Shakoori The 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…
Excessive & regressive taxation
Dr. Ikramul Haq and Abdul Rauf Shakoori The delegation of the Federation of Pakistan Chamber of Commerce & Industry (FCCPI), along with senior members from the business community, recently held an important meeting with the country’s top…