
Tax Laws (Amendment) Ordinance, 2025: Ill-advised, confiscatory & undemocratic
The President of Pakistan issued Tax Laws (Amendment) Ordinance, 2025, published in The Gazette of Pakistan on May 2, 2025, made effective at once. Presidential Ordinance No. IV of 2025 [“the Ordinance”], amending Income Tax Ordinance, 2001 (XLIX of 2001) …