Finance Act 2024 Pakistan. After debate in the senate and national assembly, the government has passed finance act, 2024 (‘fa’) yesterday (i.e., on june 28, 2024) with certain. The proposed tax measures include:
The finance act, 2024, has standardized the cgt rate at 15%, regardless of the holding period, for individuals and association of persons (aops) who are listed on the active taxpayers list (atl) at both the acquisition and disposal dates. Pakistan has begun its new fiscal year by enforcing the finance act 2024 effective from july 1, 2024 onwards unless any retrospective implications have been specified otherwise.
