Progress

Current status
in force
01 Jul 2021 in force
30 Jun 2021 adopted
12 Jun 2021 under deliberation

Scope

Implementers
Pakistan
Policy Area
Taxation
Policy Instrument
Taxation, nes
Regulated Economic Activity
cross-cutting
Government Branch
legislature
Government Body
parliament
Implementation Level
national

Timeline of events

01 Jul 2021
in force

Pakistan Finance Act 2021 containing tax provisions implemented

The Pakistan Finance Act 2021 has entered into force on 1 July 2021. The Act contains, among other things, an expanded definition of IT services for income tax services, including e.g. cloud services, data storage services, software development, sof…

Source
Event type law
Action type implementation
Government branch legislature
Government body parliament
30 Jun 2021
adopted

Pakistan Finance Act 2021 containing tax provisions passed by National Assembly

The Pakistan Finance Act 2021 has been adopted by the National Assembly on 30 June 2021 and has received presidential assent. Its provisions will enter into force on the following day, on 1 July 2021. The Act contains, among other things, an expande…

Source
Event type law
Action type adoption
Government branch legislature
Government body parliament
12 Jun 2021
under deliberation

Pakistan Finance Act 2021 containing tax provisions introduced in National Assembly

The Pakistan Finance Act 2021 has been introduced in the National Assembly by the government on 12 June 2021. The Act contains, among other things, an expanded definition of IT services for income tax services, including e.g. cloud services, data st…

Source
Event type law
Action type introduction
Government branch legislature
Government body parliament