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.
SECP Approves Khud Mukhtar Khatoon Digital Shariah Compliant Asset Financing for Women Entrepreneurs
The Securities and Exchange Commission of Pakistan has approved Walee Financial Services digital Shariah compliant asset financing product for women entrepreneurs.
Proposed National Data Governance Policy 2026 Positions Pakistan Digital Authority as Core Tech Regulator
The Ministry of Information Technology and Telecommunication designs a comprehensive data framework, empowering the Pakistan Digital Authority with binding oversight.
President Asif Ali Zardari Approves Finance Act 2026 to Implement Multibillion Dollar Taxation Plan
President Asif Ali Zardari officially signs the Finance Act 2026 into law, greenlighting structural tax overhauls and automated fiscal enforcement systems.