Pakistan's Federal Board of Revenue (FBR) has published the Finance Act 2022, which received the assent of the President (was enacted) on 30 June 2022. The Finance Act 2022 contains the measures of Pakistan's Federal Budget 2022-2023, presented on 10 June 2022. The measure of the Act came into force on 1 July 2022, unless otherwise specified.
Some of the main measures are summarized as follows:
- The introduction of a new super tax on high-income persons, including progressive rates of up to…