Commentary: Finance Act 2024
The Finance Bill, 2024, presented in the National Assembly on June 12, 2024, and subsequently passed as the Finance Act, 2024, on June 28, 2024, introduces significant amendments to Pakistan’s…
Understanding Investment Vehicles and Policies in Pakistan 2023-2024
In Pakistan, the Board of Investment (BOI) plays a crucial role in promoting and facilitating both local and foreign investments. The Government of Pakistan (GOP) has recently implemented the Pakistan…
Digitalization of the Pakistani Tax System
The digitalization of Pakistan’s tax system, spearheaded by the Federal Board of Revenue (FBR), marks a significant transformation aimed at modernising the country’s tax infrastructure. This initiative is primarily facilitated…
Critical Issues Pakistan Faces in Addressing Climate Change
In recent years, the global community has witnessed the escalating impacts of climate change, with developing nations like Pakistan bearing a disproportionate share of the burden. As a country with…
A Comprehensive Guide to the Investment Climate of Pakistan 2023-2024
The investment climate in Pakistan presents a unique blend of opportunities and challenges, shaped by the country’s diverse economic landscape and evolving regulatory environment. As Pakistan seeks to attract foreign…
Factors Constraining Foreign Investment in Pakistan
The legal landscape for investments in Pakistan is shaped by a myriad of factors that contribute to a complex and often challenging environment for both domestic and foreign investors. The…
Investor’s Guide to the Oil & Gas Sector of Pakistan (2023-2024)
Pakistan’s upstream oil and gas sector is governed by a complex regulatory framework designed to attract both local and foreign investment. This sector plays a crucial role in the country’s…
Legal Advice on Income Tax Ordinance 2001 treatment of taxation on IT, income from online forums, and freelancing in Pakistan (updated 2024)
In recent years, the digital economy has seen exponential growth, with a significant number of individuals and businesses engaging in IT services, online forums, and freelancing activities. This shift towards…
Q&A on Pakistan’s Oil and Gas Development Plan (updated)
The strategic development of Pakistan’s oil and gas sector is critical for the nation’s energy security, economic growth, and sustainable development. The Oil and Gas Development Plan of Pakistan, as…
Tight Gas (Exploration & Production) Policy, 2011 (and Comparison with the 2024 Tight Gas Policy)
At Josh and Mak International, we provide comprehensive legal guidance on regulatory frameworks within the energy sector. This article offers a detailed overview of the “Tight Gas (Exploration & Production)…
Pakistan Gas Network Code 2024
At Josh and Mak International, we are committed to providing detailed legal guidance on regulatory and technical standards for the energy sector. This article offers a comprehensive overview of the…
Comment: OGRA Procedure for Appeals Regulations, 2024
Introduction The Oil and Gas Regulatory Authority (OGRA) has introduced the “Procedure for Appeals Regulations, 2024” to streamline the process for handling appeals within the regulatory framework established by the…
Comparison of Pakistan Oil Refining Policy for upgradation of Existing / Brownfield Refineries, 2023 (As amended in Feb, 2024) with Pakistan Oil Refining Policy 2023 for Existing / Brownfield Refineries
Introduction The Government of Pakistan has recently amended its Brownfield Refinery Policy, reflecting significant changes aimed at modernizing and expanding the country’s refining sector. This article critically compares the old…
Comment: Pakistan’s LPG Policy 2024 by Josh and Mak International
The Liquefied Petroleum Gas (LPG) Policy of Pakistan, 2024, presents a comprehensive framework to address the evolving energy needs and market dynamics of the country. This policy, formulated by the…
Outlook for LPG, LNG, and Natural Gas (NG) in Pakistan in 2024
1. Energy Mix of Pakistan Pakistan’s energy mix has historically relied heavily on non-renewable energy sources, including fossil fuels such as oil, coal, natural gas, and liquefied petroleum gas (LPG).…
Pakistani Legislation 2023
ACT NO. XXXVIII OF 2023 CONTROL OF NARCOTICS SUBSTANCES (AMENDMENT) ACT, 2023 An Act further to amend the Control of Narcotics Substances Act, 1997 No. F. 22(10)/2022-Legis., dated 4.8.2023.–The following…
Legal Advice on Doing Business in Pakistan 2023-2024
Pakistan is a country with a rich history and diverse culture, and it offers a lot of opportunities for foreign investors and entrepreneurs. However, doing business in Pakistan can be…
Foreign Law Client and Investor Guide to Pakistan 2024
This client guide aims to provide a concise overview of the Pakistani Legal System for the convenience of our readers, including members of the public and private clients. While the…
Energy Security-Changing Perspectives
Energy security is a multi-faceted concept in modern times, no longer confined to ensuring that local energy resources and hydrocarbon deposits are sufficient for future use. It has evolved into…
