pklaws The Sales Tax Act 1990 has a significant role in transforming the taxation system of Pakistan. Through this legislation, the country established an effective framework that aimed to raise revenue, boost compliance, and bring Pakistan’s taxation procedures into line with global norms. Due to the Act’s broad impact on a variety of economic activities, it … Read more
By enacting the Companies Act 2017 in Pakistan, the legislature has replaced the previous outdated Companies Ordinance 1984. The 2017 Act aligned the country’s corporate laws with the international standards which improved the business activities in the country. It aims to promote transparency, enhance corporate governance and provide a conducive environment to investors which helps … Read more
The rise of 5G and 6G technologies marks a digital revolution, enabling rapid global information exchange. However, this progress has led to a rapid increase in cybercrimes. Cybersecurity experts predict that by 2025, global online frauds and offences etc could cost up to $10.5 trillion annually. Pakistan has experienced an 83% increase in digital offences … Read more
There are various legal mechanism to protect the intellectual property rights in Pakistan. These protections include copyrights, patents, trademarks, and industrial designs etc. The regulatory body here is intellectual property organization of Pakistan (IPO-Pakistan) that is responsible for the administration and enforcement of laws relating to the IPRs in the country. Pakistan is also a … Read more
Like all other electricity supply companies of Pakistan, in Lahore division, the Lahore Electric Supply Company (LESCO) plays a pivotal role in ensuring the delivery of electricity to millions of consumers. An integral component of this supply chain is the electricity meter, a guage responsible for accurately measuring the consumption of electrical energy. However, when … Read more
Traveling the world often reveals breathtaking scenery, fascinating customs, and a multitude of distinct cultures. But hidden in these beauties of world are strange laws that could leave readers and travelers alike scratching their heads in confusion. The globe is full with legal quirks, from regulations on where you can hang your laundry to bans … Read more