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Rules for shareholders’ protection fund approved

Islamabad

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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.

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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.

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Investors discouraged: NEPRA proposes cut in solar, wind power tariffs

Islamabad

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Cross-adjustment of input tax

Provinces can also review corresponding provisions: FBR

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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.

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Insight

DIFC Authorised Firm – Regulated by the Dubai Financial Services Authority

Overview: Dubai International Financial Centre - Authorised Firm

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Doing Business in the Dubai International Financial Centre (DIFC)

The DIFC is the free zone in Dubai dedicated to financial services and professional services.

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Judicial Review in Pakistan 14.07.16

Trade Remedy Measures

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Labour Laws in Pakistan

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.

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A Study Of The Arbitration Law Regime In Pakistan

An overview of the current legal framework that governs arbitration in Pakistan.

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Pakistan waives off bidding condition for CPEC projects

Islamabad

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