Federal Government Imposes Wide Ranging Regulatory Duties on Hundreds of Imported Goods Under New Customs Notification
The Ministry of Finance and Revenue has issued SRO 1064(I)/2026, introducing regulatory duties ranging from 0.8 percent to 20 percent on hundreds of imported consumer and industrial items.
State Bank of Pakistan Dismantles Digital Asset Banking Ban to Form Cross Border Financial Pipeline with Gulf
Following the Virtual Assets Act of 2026, the State Bank of Pakistan has removed its eight-year restriction on digital assets, establishing a regulated banking corridor between domestic tech talent and Gulf capital.
National Accountability Bureau Proposes Inflation Based Recalculation to Prevent Closure of Major Corruption Cases
The National Accountability Bureau is evaluating a strategic policy proposal to index alleged corruption losses to inflation, aiming to preserve its jurisdiction over high profile cases.
Auditor General Uncovers Multi Billion Rupee Tax Irregularities Over Unintegrated Tier One Retailers
The Auditor General of Pakistan detects tax discrepancies exceeding eight billion rupees involving retail businesses that bypassed the central revenue electronic point of sale system.
Sindh Finance Act 2026 Imposes Strict Penalties on Non Compliant Invoicing Software Developers
The Sindh government introduces heavy financial penalties under the Finance Act 2026 for developers creating software that violates provincial sales tax rules.
Pakistan Telecommunication Authority Bars PTML from Launching New Brand post Telenor Merger
The Pakistan Telecommunication Authority halts the rebranding plans of PTML and Telenor Pakistan until all legal and regulatory conditions are satisfied.
Federal Board of Revenue to Introduce AI Driven Digital Tax Settlements Under Finance Act 2026
The Federal Board of Revenue transitions to automated algorithmic tax settlements, allowing taxpayers to resolve disputes online without physical official interaction.
Federal Government Enforces Digital Scrutiny of High Value Bank Accounts to Combat Tax Under Reporting
Under the newly enacted Finance Act 2026, banking institutions must report accounts exceeding one hundred million rupees for automated algorithmic cross matching.
State Bank of Pakistan Restricts Commercial Banks From Unlawfully Freezing Customer Accounts
The State Bank of Pakistan issues rigid operational guidelines protecting account holders from arbitrary operational blocks and unauthorized account freezing.
SBP Bars Banks From Freezing Accounts Without Lawful Authority
The State Bank of Pakistan has ordered all commercial and microfinance banks to halt unauthorized account freezes and debit blocks in compliance with recent court orders.