Huzaima Bukhari & Dr. Ikramul HaqThrough 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, and…
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…