Current Affairs · 2026-08-21

The Taxation and Other Laws (Amendment) Act, 2026 replaces which previous ordinance that provided tax exemptions to foreign portfolio investors?

1. A
   Income-tax (IT) (Amendment) Ordinance, 2026
2. B
   Direct Tax Code Ordinance, 2026
3. C
   Foreign Investment Tax Ordinance, 2025
4. D
   Capital Gains Tax Exemption Ordinance, 2026