FBR to Recover Rs100 Billion in Super Tax Late Payment Surcharges After Court Ruling
Pakistan informs IMF of plans to recover over Rs100 billion in surcharges from firms that delayed super tax payments through legal challenges.
APTMA asks FBR to adjust super tax liabilities against pending refunds
APTMA has urged the FBR to allow adjustment of super tax liabilities against long-pending sales tax and income tax refunds, warning that immediate recovery could disrupt the cash-strapped textile sector.
Pakistan Court Dismisses Appeals Against Super Tax, Government to Gain Rs300bn
Pakistan’s Federal Constitutional Court has dismissed all appeals against the super tax, restoring Section 4B of the Income Tax Ordinance and securing over Rs300 billion in revenue for the government.
FBR Defends Retrospective Super Tax Powers Before Federal Constitutional Court
FBR argues before the Federal Constitutional Court that Parliament has full authority to impose taxes retrospectively, as hearings continue on challenges to Super Tax under Section 4C.
Federal Constitutional Court To Hear Super Tax Cases Including DG Khan Cement Petition
Federal Constitutional Court of Pakistan schedules hearing of high-profile super tax cases under Sections 4B and 4C of Income Tax Ordinance, impacting major corporations including DG Khan Cement.