Huzaima Bukhari & Dr. Ikramul Haq Through the Finance Act, 2021 [“the Act”], the Parliament has made an amendment with retrospective application to override the well-established principle that what is not “income” under the income tax law cannot be taxed,…
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…
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