The Corporate Social Responsibility (CSR) Bill, 2024 has been tabled in the National Assembly and circulated by the Securities and Exchange Commission of Pakistan (SECP) for public feedback. This bill is a major legislative step aimed at mandating CSR spending by businesses, banks, and state-owned enterprises (SOEs) in Pakistan, aligning corporate contributions with Sustainable Development […]
Major Income Tax Changes for Tax Year 2025 – Finance Act 2024 Highlights
The Government of Pakistan, through the Finance Act 2024, has introduced several significant changes to the Income Tax Ordinance, 2001. These changes are applicable for the income tax returns due on 30th September 2025. Below is a comprehensive overview of the key tax amendments for individuals, associations of persons (AOPs), builders, developers, and exporters. 1. […]