Federal Board of Revenue Prohibits Field Inspections for Small Shopkeepers Under New Fixed Tax Registration Scheme
The FBR has barred Inland Revenue officers from entering small retail outlets that register under a new simplified one percent turnover tax scheme.
FBR Restricts Operations of 150 Jewellers Bank Accounts Over Compliance Failures Under Anti-Money Laundering Framework
The Federal Board of Revenue instructs 29 banks to freeze debit transactions across 150 accounts belonging to jewellers due to persistent AML compliance violations.
Securities and Exchange Commission of Pakistan Amends Regulations to Enable Bank-Based Digital KYC for Investors
SECP Commissioner Dr. Kabir Sidhu outlines updated anti-money laundering rules that permit investment onboarding via verified bank account numbers.
Federal Board of Revenue Projects Significant Growth in Tax Collections for Fiscal Year
Pakistan financial authorities forecast substantial revenue increases across sales tax and direct taxes driven by industrial expansion.
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.