Wheeling of electricity: Nepra approves regulations
National Electric Power Regulatory Authority (Nepra) has approved regulations for wheeling of electricity aimed at improving and opening up power sector and promote competition.
Excessive tax deducted from non-filers: law may be amended to allow adjustment
To practically facilitate the non-filers and encourage documentation, Section 169 of the Income Tax Ordinance, 2001 has been proposed to be amended through Finance Bill 2016 to allow adjustment of excessive tax deducted from non-filers.
Proposed Benami Act Provisions not apply to deals made in names of spouses, kin: FBR
The provisions of the proposed Benami Transaction (Prohibition) Act, 2016 will not apply to any transaction entered into by an individual in the name of his spouse, brother or sister, or any lineal ascendant or descendant.
Labour Laws in Pakistan are very broad and contains several ordinances, acts, rules and regulations and other statutes relating to industrial, commercial and labour establishments.
SETUP OPTIONS IN DUBAI – LIMITED LIABILITY COMPANY The LLC is the most popular onshore structure throughout the UAE. 51% of the share capital must be held by a UAE national or a company wholly owned by UAE nationals. Although not officially sanctioned by law, common practice for foreigners setting up LLCs is to enter […]
What are the key laws and regulations that govern mergers and acquisitions in your jurisdiction?
Mergers and acquisitions in Pakistan are primarily governed by… Use the “Download page as PDF” button on the right to download our PDF guide written by Bilal Shaukat and published by LexisNexis.
