Sindh High Court Takes Action Against Chief Commissioner of Corporate Tax Office Over Sales Tax Suspension Issue
The Sindh High Court (SHC) has ordered proceedings against Zahid Masood, the Chief Commissioner of the Corporate Tax Office (CTO),…
SECP Proposes Amendments to NBFC Framework to Enhance Microfinance Services in Pakistan
The Securities and Exchange Commission of Pakistan (SECP) has unveiled a concept note proposing significant amendments to the Non-Banking Financial…
FBR Introduces New Production Monitoring Requirements for Manufacturers with Video Surveillance
The Federal Board of Revenue (FBR) has issued new directives aimed at improving transparency and accountability in manufacturing processes, requiring…
Pakistan Prepares Framework for Digital Prize Bonds to Comply with FATF Standards
Pakistan is taking a major step toward modernizing its financial systems by preparing to launch digital prize bonds as part…
IT Ministry Opposes Early Regulation of AI, Calls for Focus on Ecosystem Development
ISLAMABAD: The Ministry of Information Technology and Telecommunication (MoITT) has raised concerns over the premature regulation of Artificial Intelligence (AI)…
ATIR Rebukes FBR Officials for Challenging Competence of Commissioner (Appeals) in Landmark Ruling
ISLAMABAD: In a significant ruling, the Appellate Tribunal Inland Revenue (ATIR) has reprimanded officials of the Federal Board of Revenue…
Lahore High Court Summons FBR’s Director General Over Court Fee Exemption for Tax References
In a significant legal development, the Lahore High Court (LHC) has expressed strong discontent over the Federal Board of Revenue’s…
FBR Implements Key Amendments to Export Facilitation Scheme (EFS) with SRO 301 to Strengthen Compliance
Islamabad, March 9, 2025 – In a significant move to streamline trade policies and enhance regulatory compliance, the Federal Board…
FBR Instructs PRAL to Facilitate Input Tax Adjustment for 21 Companies in Sales Tax Returns
The Federal Board of Revenue (FBR) has issued new instructions to Pakistan Revenue Automation Limited (PRAL), directing the removal of…
PTA Schedules DIRBS Maintenance, Mobile Registration Unavailable from March 7-9, 2025
Karachi, March 7, 2025 – The Pakistan Telecommunication Authority (PTA) has announced that its Device Identification, Registration, and Blocking System…